Tower Plaza 555 E William St Unit 7B Ann Arbor, MI 48104
Downtown Ann Arbor Neighborhood
1
Bed
1
Bath
395
Sq Ft
$550/mo
HOA Fee
Highlights
- Wood Flooring
- Elevator
- Central Air
- Bach Elementary School Rated A
- Home Security System
- 4-minute walk to Liberty Plaza
About This Home
As of October 2023Welcome to Tower Plaza, Ann Arbor's original downtown high rise building. Enjoy the convenience of urban living in this iconic studio apartment style condo, located just one block from UM central campus, Law School and Ross School of Business and a short walk to Main Street's shops and restaurants. The unit is south facing with abundant natural light and great views of the city. Updates include beautiful red oak plank flooring throughout and a new electric panel and dishwasher. HOA provides on-site maintenance, 24 hour security, water, trash pick up and snow removal. There is an in building laundry room as well as storage lockers and a community lounge. Parking can be leased in the parking structure right next door based on availability. All this can be yours at such an affordable pr price!
Last Agent to Sell the Property
The Charles Reinhart Company License #6501348504 Listed on: 08/31/2023
Last Buyer's Agent
David Homyak
Block Real Estate License #6501419380
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,072
Year Built
- Built in 1969
Lot Details
- Private Entrance
HOA Fees
- $550 Monthly HOA Fees
Interior Spaces
- 395 Sq Ft Home
- Window Treatments
- Home Security System
- Laundry on lower level
Kitchen
- Oven
- Range
- Dishwasher
- Disposal
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Schools
- Bach Elementary School
- Slauson Middle School
- Pioneer High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- Heat Pump System
- Hot Water Heating System
- Cable TV Available
Community Details
Overview
- Association fees include water, trash, snow removal
- Tower Plaza Condo Subdivision
Amenities
- Elevator
- Community Storage Space
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 31, 2023
Closed on
Oct 9, 2023
Sold by
Davis-Kean Greg
Bought by
Davis-Kean Tyler
Seller's Agent
Nadine Alpern
The Charles Reinhart Company
Buyer's Agent
David Homyak
Block Real Estate
List Price
$185,000
Sold Price
$180,000
Premium/Discount to List
-$5,000
-2.7%
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
$26,572
Avg. Annual Appreciation
7.51%
Purchase Details
Listed on
Aug 31, 2023
Closed on
Oct 6, 2023
Sold by
Strickland Roy
Bought by
Davis-Kean Greg
Seller's Agent
Nadine Alpern
The Charles Reinhart Company
Buyer's Agent
David Homyak
Block Real Estate
List Price
$185,000
Sold Price
$180,000
Premium/Discount to List
-$5,000
-2.7%
Purchase Details
Listed on
Jan 21, 2018
Closed on
Apr 30, 2018
Sold by
King John Wing King Ng Kwing
Bought by
Strickland Roy
Seller's Agent
Brian Tomsic
University Realty Associates
Buyer's Agent
Brian Tomsic
University Realty Associates
List Price
$155,000
Sold Price
$150,000
Premium/Discount to List
-$5,000
-3.23%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.41%
Purchase Details
Closed on
Mar 23, 2009
Sold by
Marathon Limited Partnership
Bought by
King John Wing and King Ng Kwing
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $180,000 | None Listed On Document | |
| Warranty Deed | $150,000 | Freferred Title Agency Of A | |
| Warranty Deed | $140,000 | American Title Company Of Wa |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/06/2023 10/06/23 | Sold | $180,000 | -2.7% | $456 / Sq Ft |
| 09/19/2023 09/19/23 | Pending | -- | -- | -- |
| 08/31/2023 08/31/23 | For Sale | $185,000 | +23.3% | $468 / Sq Ft |
| 04/30/2018 04/30/18 | Sold | $150,000 | -3.2% | $379 / Sq Ft |
| 03/21/2018 03/21/18 | Pending | -- | -- | -- |
| 01/21/2018 01/21/18 | For Sale | $155,000 | -- | $391 / 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 |
|---|---|---|---|---|
| 2025 | $4,085 | $90,100 | $0 | $0 |
| 2024 | $3,907 | $85,100 | $0 | $0 |
| 2023 | $3,507 | $78,900 | $0 | $0 |
| 2022 | $3,916 | $78,400 | $0 | $0 |
| 2021 | $3,823 | $75,400 | $0 | $0 |
| 2020 | $3,746 | $73,500 | $0 | $0 |
| 2019 | $3,648 | $73,800 | $73,800 | $0 |
| 2018 | $3,305 | $70,600 | $0 | $0 |
| 2017 | $4,083 | $68,600 | $0 | $0 |
| 2016 | $3,978 | $64,301 | $0 | $0 |
| 2015 | $3,815 | $64,109 | $0 | $0 |
| 2014 | $3,815 | $62,500 | $0 | $0 |
| 2013 | -- | $62,500 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2023
Nadine Alpern
The Charles Reinhart Company
(734) 669-5841
1 in this area
19 Total Sales
-
D
Buyer's Agent in 2023
David Homyak
Block Real Estate
-
Seller's Agent in 2018
Brian Tomsic
University Realty Associates
(734) 646-6156
95 in this area
98 Total Sales
About Tower Plaza
Map
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 23127758
APN: 09-29-401-089
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