NOT LISTED FOR SALE

Tower Plaza 555 E William St Unit 5G Ann Arbor, MI 48104

Downtown Ann Arbor Neighborhood

Estimated Value: $202,390 - $248,000

1 Bed
1 Bath
430 Sq Ft
$569/ mo HOA Fee

Last Sold April 22, 2021

Last sale price $170,000 $395 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,111/month

70 Days on Market

Highlights

  • Meeting Room
  • Elevator
  • Security Service
  • Bach Elementary School Rated A
  • Living Room
  • 4-minute walk to Liberty Plaza

About This Home

As of April 2021

This beautiful Small One Bedroom unit has recently been renovated, and features new white kitchen & bathroom cabinets with elegant black granite countertops, new interior doors, lighting, carpet & more. Prime downtown location just one block from UM Campus in the quiet State Street neighborhood. The quiet, secure building has 24 hour lobby security, soundproof walls, and on site laundry, storage, and maintenance & cleaning staff. This is a perfect home for student, downtown based professional, senior, investor, weekender, or anyone looking for a reasonably priced downtown residence. This unit is rented through August 20, 2021.

Last Agent to Sell the Property

Brian Tomsic

University Realty Associates License #6506037705 Listed on: 12/15/2020

Last Buyer's Agent

Brian Tomsic

University Realty Associates License #6506037705 Listed on: 12/15/2020

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1969

Lot Details

  • 436

HOA Fees

  • $569 Monthly HOA Fees

Interior Spaces

  • 430 Sq Ft Home
  • Window Treatments
  • Living Room
  • Laundry on main level

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Schools

  • Bach Elementary School
  • Slauson Middle School
  • Pioneer High School

Utilities

  • Central Air
  • Heat Pump System
  • Hot Water Heating System
  • Cable TV Available

Community Details

Overview

  • Association fees include water, trash, snow removal, sewer, lawn/yard care, heat
  • Tower Plaza Condo Subdivision

Amenities

  • Meeting Room
  • Laundry Facilities
  • Elevator
  • Community Storage Space

Additional Features

  • Security
  • Security Service

Property Details

Home Type

Condominium

Year Built

Built in 1969

Lot Details

436 Sq Ft Lot

HOA Fees

$569 per month

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • Year Built: 1969
  • Location Property Info:Property Sub-Type: Condominium
  • OfficeContract Info:List PriceSqFt2: 406.98
  • General Property Info:New Construction2: No
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 430.0
  • General Property Info:Main Level Primary: Yes
  • Tax Info:Annual Property Tax: 4494.0
  • Tax Info:Zoning3: C2AR
  • Air Conditioning:Central Air: Yes
  • Appliances Refrigerators: Yes
  • Utilities Attached:Cable: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Heat Type:Hot Water: Yes
  • Additional Items:Window Treatments: Yes
  • Appliances Microwave: Yes
  • Location Property Info:Subdivision2: Tower Plaza Condo
  • Heat Type:Heat Pump: Yes
  • Additional Items:Elevator: Yes
  • General Property Info:SqFt Above Grade: 430.0
  • Assoc Amenities:Laundry: Yes
  • General Property Info Elementary School2: Bach Elementary School
  • General Property Info High School: Pioneer High School
  • General Property Info Middle School2: Slauson Middle School
  • General Property Info Garage YN: No
  • Flooring:Carpet Floor: Yes
  • Flooring:Tile Floor: Yes
  • Flooring:Ceramic Floor: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator
  • Flooring: Carpet, Ceramic Tile, Tile
  • Interior Amenities: Elevator
  • Fireplace: No
  • Total Bedrooms: 1
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • LivingArea: 430.0
  • Window Features: Window Treatments
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes

Exterior Features

  • Construction Materials: Other
  • List Price: 175000.0
  • Lot Features: Sidewalk

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Heat Pump, Hot Water
  • Heating: Yes
  • Sewer: Public
  • Utilities: Cable Connected, Storm Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Laundry, Meeting Room, Security, Storage
  • Association Fee: 569.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Association Info:Approx Assoc Fee2: 569.0
  • Association Info:Assoc Fee Payable: Monthly
  • Assoc Amenities:Security: Yes
  • Assoc Amenities:Storage: Yes
  • Assoc Amenities:Meeting Room: Yes

Fee Information

  • Association Fee Includes: Water, Trash, Snow Removal, Sewer, Lawn/Yard Care, Heat

Schools

  • Elementary School: Bach Elementary School
  • High School: Pioneer High School
  • Middle/Junior School: Slauson Middle School

Lot Info

  • Lot Size Acres: 0.01
  • Lot Size Area: 0.01
  • Lot Size Sq Ft: 627.0
  • Zoning Description: C2AR

Tax Info

  • Tax Annual Amount: 4494.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2020
Closed on
Apr 19, 2021
Sold by
Kong Stephen Suhan and Kong Min Hee
Bought by
Fajardo Moises Romeo and Fajardo Gudalia Rosario
Seller's Agent
Brian Tomsic
University Realty Associates
Buyer's Agent
Brian Tomsic
University Realty Associates
List Price
$175,000
Sold Price
$170,000
Premium/Discount to List
-$5,000
-2.86%
Current Estimated Value
$218,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,098
Avg. Annual Appreciation
5.18%
Original Mortgage
$127,500
Outstanding Balance
$115,301
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$102,797

Purchase Details

Closed on
Mar 9, 2007
Sold by
Jafri Syed Abbas Hasan and Jafri Syeda
Bought by
Kong Stephen Suhan and Kong Min Hee
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Fajardo Moises Romeo $170,000 Preferred Ttl Agcy Of Ann Ab
Kong Stephen Suhan $178,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fajardo Moises Romeo $127,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/22/2021 04/22/21 Sold $170,000 -2.9% $395 / Sq Ft
02/23/2021 02/23/21 Pending -- -- --
12/15/2020 12/15/20 For Sale $175,000 -- $407 / Sq Ft
Source: MichRIC

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
2025 $4,519 $89,700 $0 $0
2024 $4,395 $84,300 $0 $0
2023 $4,058 $77,700 $0 $0
2022 $5,117 $77,100 $0 $0
2021 $4,640 $73,900 $0 $0
2020 $4,494 $71,900 $0 $0
2019 $4,287 $72,200 $72,200 $0
2018 $4,206 $68,200 $0 $0
2017 $4,057 $68,600 $0 $0
2016 $3,157 $63,894 $0 $0
2015 $3,791 $63,703 $0 $0
2014 $3,791 $62,200 $0 $0
2013 -- $62,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brian Tomsic

    Seller's Agent in 2021

    Brian Tomsic

    University Realty Associates

    (734) 646-6156

    87 in this area

    90 Total Sales

    Brian Tomsic
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About Tower Plaza

Map

Source: MichRIC

MLS Number: 52410

MichRIC

APN: 09-29-401-061

Michigan Washtenaw County Ann Arbor 48104 Downtown Ann Arbor

555 E William St Unit 5G, Ann Arbor, MI

Not Listed for Sale

Condos

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MichRIC Information is deemed reliable but not guaranteed.
Copyright 2026 MichRIC, LLC. All rights reserved.

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