NOT LISTED FOR SALE

Estimated Value: $252,000 - $305,000

1 Bed
1 Bath
596 Sq Ft
$782/ mo HOA Fee

Last Sold August 19, 2021

Last sale price $225,000 $378 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,723/month

Highlights

  • Meeting Room
  • Elevator
  • Living Room
  • Bach Elementary School Rated A
  • Eat-In Kitchen
  • 4-minute walk to Liberty Plaza

About This Home

As of August 2021

This one-bedroom condo on the sixth floor in popular Tower Plaza has been beautifully updated and is move-in ready! With updated flooring, crisp white paint and a kitchen with quartzite and stainless, all that's left to do is unpack and settle in! Smart Home technology is throughout, including the lights, thermostat, door lock and appliances. Conveniently located just steps from the U of M central campus, this property is perfect for students, investors, or those looking for the convenience of Downtown just outside the front door. Tower Plaza offers low-maintenance living, with association dues including gas, water, sewer, snow removal, 24-hour lobby security, building maintenance and a storage unit. On-site coin laundry, too!

Last Agent to Sell the Property

Nancy Bishop

The Charles Reinhart Company License #6506044662 Listed on: 08/18/2021

The Charles Reinhart Company

Last Buyer's Agent

Brian Tomsic

University Realty Associates License #6506037705

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,026

Year Built

  • Built in 1969

HOA Fees

  • $782 Monthly HOA Fees

Home Design

  • Slab Foundation

Interior Spaces

  • 596 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room
  • Ceramic Tile Flooring
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Dishwasher

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

Est. Annual Taxes

$4,026

Year Built

Built in 1969

Lot Details

0 Sq Ft Lot

HOA Fees

$782 per month

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Other
  • Stories: 1
  • Year Built: 1969
  • Location Property Info:Property Sub-Type: Condominium
  • OfficeContract Info:List PriceSqFt2: 377.52
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: N/A
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 596.0
  • General Property Info:Main Level Primary: Yes
  • Tax Info:Annual Property Tax: 4026.0
  • Tax Info:Zoning3: D1
  • Air Conditioning:Central Air: Yes
  • Appliances Refrigerators: Yes
  • Utilities Attached:Cable: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Heat Type:Hot Water: Yes
  • Substructure:Slab: Yes
  • Location Property Info:Subdivision2: Tower Plaza Condo
  • Heat Type:Heat Pump: Yes
  • Additional Items:Elevator: Yes
  • General Property Info:SqFt Above Grade: 596.0
  • 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:Tile Floor: Yes
  • Flooring:Ceramic Floor: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Oven, Range, Refrigerator
  • Flooring: Ceramic Tile, Tile
  • Interior Amenities: Elevator, Eat-in Kitchen
  • Fireplace: No
  • Total Bedrooms: 1
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Slab
  • LivingArea: 596.0
  • General Property Info:Stories2: 1.0
  • Kitchen Features:Eating Area: Yes
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes

Exterior Features

  • Construction Materials: Other
  • List Price: 225000.0
  • 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
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Laundry, Meeting Room, Security, Storage
  • Association Fee: 781.69
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Association Info:Approx Assoc Fee2: 781.69
  • 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 Dimensions: N/A
  • Zoning Description: D1

Tax Info

  • Tax Annual Amount: 4026.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2021
Closed on
Aug 12, 2021
Sold by
Young Gregory Scott
Bought by
Thompson Sandra and Thompson James
Seller's Agent
Nancy Bishop
The Charles Reinhart Company
Buyer's Agent
Brian Tomsic
University Realty Associates
List Price
$225,000
Sold Price
$225,000
Current Estimated Value
$269,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,543
Avg. Annual Appreciation
4.00%

Purchase Details

Closed on
Mar 5, 2019
Sold by
Young Gregory Scott and Young Gregory Samuel
Bought by
Young Gregory Scott

Purchase Details

Closed on
Feb 8, 2019
Sold by
Young Ruth
Bought by
Young Gregory Scott

Purchase Details

Closed on
Jan 12, 2018
Sold by
Young Gregory Scott and Young Ruth
Bought by
Young Gregory Scott and Young Ruth

Purchase Details

Closed on
Dec 15, 2017
Sold by
555 E William Street 6C Llc
Bought by
Young Ruth

Purchase Details

Closed on
Nov 3, 2014
Sold by
Baig Siraj
Bought by
555 E William Street 6C Llc

Purchase Details

Listed on
Feb 22, 2013
Closed on
Aug 15, 2013
Sold by
Metwally Nabil and Osman Alia
Bought by
Baig Siraj
Seller's Agent
Nancy Harrison
Real Estate One Inc
Buyer's Agent
Nancy Harrison
Real Estate One Inc
List Price
$179,900
Sold Price
$150,000
Premium/Discount to List
-$29,900
-16.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.75%

Purchase Details

Closed on
Feb 27, 2004
Sold by
Yee Christine W
Bought by
Metwally Nabil and Osman Alia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 6, 2004
Sold by
Yee Paul K and Yee Cecilia L
Bought by
Yee Christine W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage
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
Thompson Sandra $225,000 Preferred Title
Young Gregory Scott -- None Available
Young Gregory Scott -- None Available
Young Gregory Scott -- None Available
Young Gregory Scott -- None Available
Young Gregory Scott -- None Available
Young Ruth $164,900 None Available
555 E William Street 6C Llc -- None Available
Baig Siraj $150,000 Liberty Title
Metwally Nabil $180,000 --
Yee Christine W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Metwally Nabil $153,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/19/2021 08/19/21 Sold $225,000 0.0% $378 / Sq Ft
08/18/2021 08/18/21 Pending -- -- --
08/18/2021 08/18/21 For Sale $225,000 +50.0% $378 / Sq Ft
08/16/2013 08/16/13 Sold $150,000 -16.6% $252 / Sq Ft View Prior Sale
07/29/2013 07/29/13 Pending -- -- --
02/22/2013 02/22/13 For Sale $179,900 -- $302 / 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 $6,133 $107,100 $0 $0
2024 $6,133 $100,000 $0 $0
2023 $4,758 $91,100 $0 $0
2022 $6,000 $90,400 $0 $0
2021 $5,336 $86,000 $0 $0
2020 $4,026 $83,300 $0 $0
2019 $3,831 $83,800 $83,800 $0
2018 $3,777 $75,700 $0 $0
2017 $4,665 $79,300 $0 $0
2016 $4,546 $73,472 $0 $0
2015 $4,359 $73,253 $0 $0
2014 $4,359 $71,400 $0 $0
2013 -- $71,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 23111433

MichRIC

APN: 09-29-401-076

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