Seller's Agent in 2022
Nafisa Gero
NestEgg Properties
(517) 260-0931
4 in this area
18 Total Sales
Tower Plaza 555 E William St Unit 5E Ann Arbor, MI 48104
Downtown Ann Arbor NeighborhoodEstimated Value: $184,205 - $203,000
--
Bed
1
Bath
383
Sq Ft
$525/mo
HOA Fee
Highlights
- Elevator
- Central Air
- Laundry Facilities
- Bach Elementary School Rated A
- Hot Water Heating System
- 4-minute walk to Liberty Plaza
About This Home
As of June 2022Want to live downtown Ann Arbor to be able to walk to and enjoy nice restaurants, shops and events right next to you and around you? Then you should tour this studio in Tower Plaza. Nice light-filled Northside condo is on the 5th floor with wall-to-wall windows. Just one block from UM Campus in a quiet neighborhood. The building has 24/7 lobby security, soundproof walls, on-site laundry and extra storage in the basement plus maintenance staff. The kitchen and bathroom were updated within the last five years and painted within last year. This can be a perfect home for a student, downtown-based professional or anyone who is looking for a nice property downtown A2 for a very reasonable price!
Property Details
Home Type
- Condominium
Year Built
- Built in 1969
HOA Fees
- $525 Monthly HOA Fees
Interior Spaces
- 1 Full Bathroom
- 383 Sq Ft Home
- 1-Story Property
- Window Treatments
Flooring
- Carpet
- Vinyl
Schools
- Bach Elementary School
- Slauson Middle School
- Pioneer High School
Utilities
- Central Air
- Heat Pump System
- Hot Water Heating System
Community Details
Overview
- Association fees include water, trash, snow removal, heat
- Tower Plaza Condo Subdivision
Amenities
- Laundry Facilities
- Elevator
- Community Storage Space
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 8, 2022
Closed on
Jun 30, 2022
Sold by
Padbury Jr Allan D
Bought by
Padbury Allan D and Padbury William
Seller's Agent
Nafisa Gero
NestEgg Properties
Buyer's Agent
Martin Bouma
Keller Williams Ann Arbor
List Price
$150,000
Sold Price
$155,000
Premium/Discount to List
$5,000
3.33%
Total Days on Market
45
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,801
Avg. Annual Appreciation
9.11%
Original Mortgage
$155,000
Outstanding Balance
$142,664
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$56,071
Purchase Details
Listed on
Apr 21, 2021
Closed on
Jul 14, 2021
Sold by
Khedr Mohamed and Ali Nuzhat
Bought by
Friedrich Deborah
Seller's Agent
Brian Tomsic
University Realty Associates
Buyer's Agent
Marty Turco
RE/MAX Platinum
List Price
$150,000
Sold Price
$150,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.63%
Purchase Details
Listed on
Dec 10, 2019
Closed on
Feb 14, 2020
Sold by
555 E William Llc
Bought by
Khedr Mohamed and Ali Nuzhat
Seller's Agent
Brian Tomsic
University Realty Associates
Buyer's Agent
Brian Tomsic
University Realty Associates
List Price
$149,000
Sold Price
$145,000
Premium/Discount to List
-$4,000
-2.68%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.35%
Purchase Details
Closed on
Dec 30, 2013
Sold by
Khan Abdul Majid
Bought by
555 E William Llc
Purchase Details
Closed on
Aug 3, 2009
Sold by
Citizens Bank
Bought by
Khan Abdul Majid and Khan Sobia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
5.49%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 13, 2009
Sold by
Fregen Md Tosan A and Estate Of Augustine O Fregene
Bought by
Citizens Bank
Purchase Details
Closed on
Mar 5, 2009
Sold by
Fregene Augustine O
Bought by
Citizens Bank
Purchase Details
Closed on
Feb 19, 2009
Sold by
Fregene Augustine O and Tagin & Tagin Llc
Bought by
Citizens Bank
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Padbury Allan D | -- | None Listed On Document | |
| Padbury Allan D | $155,000 | None Listed On Document | |
| Friedrich Deborah | $150,000 | Preferred Ttl Agcy Of Ann Ab | |
| Khedr Mohamed | $145,000 | Preferred Ttl Agcy Of Ann Ab | |
| 555 E William Llc | -- | None Available | |
| Khan Abdul Majid | -- | None Available | |
| Khan Abdul Majid | $105,000 | None Available | |
| Citizens Bank | -- | None Available | |
| Citizens Bank | -- | None Available | |
| Citizens Bank | $300,000 | None Available | |
| Citizens Bank | $975,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Padbury Allan D | $155,000 | |
| Previous Owner | Khan Abdul Majid | $45,000 | |
| Previous Owner | Fregene Augustine O | $550,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/30/2022 06/30/22 | Sold | $155,000 | +3.3% | $405 / Sq Ft |
| 04/22/2022 04/22/22 | Pending | -- | -- | -- |
| 03/08/2022 03/08/22 | For Sale | $150,000 | 0.0% | $392 / Sq Ft |
| 07/30/2021 07/30/21 | Sold | $150,000 | 0.0% | $392 / Sq Ft |
| 06/21/2021 06/21/21 | Pending | -- | -- | -- |
| 04/21/2021 04/21/21 | For Sale | $150,000 | +3.4% | $392 / Sq Ft |
| 02/14/2020 02/14/20 | Sold | $145,000 | -2.7% | $379 / Sq Ft |
| 01/31/2020 01/31/20 | Pending | -- | -- | -- |
| 12/10/2019 12/10/19 | For Sale | $149,000 | -- | $389 / Sq Ft |
Source: Southwestern Michigan Association of REALTORS®
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $3,582 | $80,300 | $0 | $0 |
| 2023 | $3,303 | $74,300 | $0 | $0 |
| 2022 | $3,754 | $73,800 | $0 | $0 |
| 2021 | $4,151 | $70,800 | $0 | $0 |
| 2020 | $4,089 | $69,000 | $0 | $0 |
| 2019 | $3,900 | $69,300 | $69,300 | $0 |
| 2018 | $3,826 | $66,200 | $0 | $0 |
| 2017 | $3,691 | $65,200 | $0 | $0 |
| 2016 | $3,597 | $58,131 | $0 | $0 |
| 2015 | $3,449 | $57,958 | $0 | $0 |
| 2014 | $3,449 | $56,148 | $0 | $0 |
| 2013 | -- | $56,148 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Nafisa Gero
-
Maryann Ryan
Seller Co-Listing Agent in 2022
Maryann Ryan
The Charles Reinhart Company
(734) 645-2428
3 in this area
278 Total Sales
-
Martin Bouma
Buyer's Agent in 2022
Martin Bouma
Keller Williams Ann Arbor
(734) 761-3060
17 in this area
792 Total Sales
-
Brian Tomsic
Seller's Agent in 2021
Brian Tomsic
University Realty Associates
(734) 646-6156
100 in this area
103 Total Sales
-
Marty Turco
Buyer's Agent in 2021
Marty Turco
RE/MAX Michigan
(734) 474-1243
1 in this area
99 Total Sales
About Tower Plaza
Map
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Source: Southwestern Michigan Association of REALTORS®
MLS Number: 23112162
APN: 09-29-401-059
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