NOT LISTED FOR SALE

Tower Plaza 555 E William St Unit 6D Ann Arbor, MI 48104

Downtown Ann Arbor Neighborhood

Estimated Value: $255,703 - $288,000

1 Bed
1 Bath
596 Sq Ft
$871/mo HOA Fee

Last Sold April 30, 2024

Last sale price $235,000 $394 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,641/month

48 Days on Market

Highlights

  • Meeting Room
  • Security Service
  • Hot Water Heating System
  • Bach Elementary School Rated A
  • Central Air
  • 4-minute walk to Liberty Plaza

About This Home

As of April 2024

Nice Northwest corner Large One Bedroom unit. Prime downtown location just one block from UM Campus in the quiet State Street neighborhood. Quiet, secure building has 24 hour lobby security, soundproof walls, on site laundry, storage, maintenance staff. This is a perfect home for student, downtown based professional, senior, investor, weekender, or anyone looking for a reasonably priced downtown residence. Parking and on site rental management services available.

Last Agent to Sell the Property

Brian Tomsic

University Realty Associates License #6506037705 Listed on: 01/04/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,497

Year Built

  • Built in 1969

Lot Details

  • 436

HOA Fees

  • $871 Monthly HOA Fees

Interior Spaces

  • 596 Sq Ft Home
  • 1-Story Property
  • Laundry in Basement
  • Laundry on main level

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heat Pump System
  • Hot Water Heating System
  • High Speed Internet
  • Phone Connected
  • Cable TV Available

Community Details

Overview

  • Association fees include water, trash, snow removal, sewer, lawn/yard care, heat
  • Association Phone (734) 973-5500

Amenities

  • Meeting Room
  • Laundry Facilities
  • Community Storage Space

Additional Features

  • Security
  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,497

Year Built

Built in 1969

Lot Details

0

HOA Fees

$871 per month

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Other
  • Stories: 1
  • Year Built: 1969
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Condominium
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 000
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 596.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Design: Other
  • Tax Info:Annual Property Tax: 4497.0
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Appliances Refrigerators: Yes
  • Utilities Attached:Cable: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Utilities Attached:Telephone Line: Yes
  • Heat Type:Hot Water: Yes
  • Utilities Attached:High-Speed Internet: Yes
  • Heat Type:Heat Pump: Yes
  • General Property Info:SqFt Above Grade: 596.0
  • Assoc Amenities:Laundry: Yes
  • Laundry Features In Basement: Yes
  • Laundry Features Common Area: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Disposal, Dishwasher, Range, Refrigerator
  • Fireplace: No
  • Total Bedrooms: 1
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Other
  • LivingArea: 596.0
  • General Property Info:Stories2: 1.0
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes

Exterior Features

  • Construction Materials: Other
  • List Price: 242000.0
  • Other Structures: Other
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Garage: No
  • Garage:Garage2: No

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Hot Water, Heat Pump
  • Heating: Yes
  • Laundry Features: Common Area, In Basement
  • Sewer: Public Sewer
  • Utilities: Phone Connected, High-Speed Internet Connected, Cable Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Laundry, Meeting Room, Security, Storage
  • Association Fee: 871.0
  • Association Fee Frequency: Monthly
  • Association Phone: 734-973-5500
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Info:Approx Assoc Fee2: 871.0
  • Association Info:Assoc Fee Payable: Monthly
  • Assoc Amenities:Security: Yes
  • Assoc Amenities:Storage: Yes
  • Assoc Amenities:Meeting Room: Yes
  • Association Info:Association Phone: 7349735500

Fee Information

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

Lot Info

  • Lot Dimensions: 000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4497.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 5, 2020
Sold by
Khurshid Mohammad Bilal and Bilal Farkhand J
Bought by
Khurshid Mohammad Bilal and Bilal Farkhand J
Current Estimated Value
$266,676

Purchase Details

Closed on
Apr 21, 2018
Sold by
Bilal Farkhanda J and Khurshid Mohammad Bilal
Bought by
Khurshid Mohammad Bilal and Khurshid Farkhanda

Purchase Details

Listed on
Feb 27, 2014
Closed on
Jun 5, 2014
Sold by
Metwally Nabil and Osman Alia
Bought by
Bilal Khurshid Mohammad and Bilal Farkhanda
Seller's Agent
Brian Tomsic
University Realty Associates
Buyer's Agent
Brian Tomsic
University Realty Associates
List Price
$169,000
Sold Price
$163,000
Premium/Discount to List
-$6,000
-3.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.41%

Purchase Details

Closed on
Aug 1, 2013
Sold by
Metwally Omar N
Bought by
Metwally Nabil and Osman Alia

Purchase Details

Closed on
Mar 4, 2003
Sold by
Metwally Nabil and Osman Alia
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
$130,400
Interest Rate
5.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 13, 2003
Sold by
Shaikh Ahsan and Shaikh Shehnaz
Bought by
Shaikh Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,400
Interest Rate
5.96%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Khurshid Mohammad Bilal -- None Available
Khurshid Mohammad Bilal -- None Available
Bilal Khurshid Mohammad $162,000 American Title Co Of Washten
Metwally Nabil -- Liberty Title
Metwally Nabil -- American Title Co Washtenaw
Shaikh Investments Llc -- --
Metwally Nabil $163,000 American Title Co Washtenaw
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Metwally Nabil $130,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/30/2024 04/30/24 Sold $235,000 -2.9% $394 / Sq Ft
02/21/2024 02/21/24 Pending -- -- --
01/04/2024 01/04/24 For Sale $242,000 +48.5% $406 / Sq Ft
06/06/2014 06/06/14 Sold $163,000 -3.6% $273 / Sq Ft View Prior Sale
04/16/2014 04/16/14 Pending -- -- --
02/27/2014 02/27/14 For Sale $169,000 -- $284 / Sq Ft
Source: MichRIC

Tax History Compared to Growth

Source: Public Records

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 $4,497 $107,100 $0 $0
2024 $4,188 $100,000 $0 $0
2023 $3,862 $91,100 $0 $0
2022 $4,208 $90,400 $0 $0
2021 $4,109 $86,000 $0 $0
2020 $5,168 $83,300 $0 $0
2019 $4,930 $83,800 $83,800 $0
2018 $3,777 $75,700 $0 $0
2017 $3,837 $79,300 $0 $0
2016 $3,268 $76,729 $0 $0
2015 $3,868 $76,500 $0 $0
2014 $3,868 $71,400 $0 $0
2013 -- $71,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brian Tomsic

    Seller's Agent in 2024

    Brian Tomsic

    University Realty Associates

    (734) 646-6156

    94 in this area

    97 Total Sales

    Brian Tomsic
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About Tower Plaza

Map

Source: MichRIC

MLS Number: 24001264

MichRIC

APN: 09-29-401-070

Michigan Washtenaw County Ann Arbor 48104 Downtown Ann Arbor

555 E William St Unit 6D, Ann Arbor, MI

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 2025 MichRIC, LLC. All rights reserved.

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