NOT LISTED FOR SALE

Tower Plaza 555 E William St Unit 7J Ann Arbor, MI 48104

Downtown Ann Arbor Neighborhood

Estimated Value: $261,000 - $317,000

1 Bed
1 Bath
596 Sq Ft
$729/mo HOA Fee

Last Sold May 01, 2018

Last sale price $185,000 $310 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $2,734/month

69 Days on Market

Highlights

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

About This Home

As of May 2018

Prime downtown location just one block from UM Campus. Large One Bedroom floorplan. Seventh floor unit on highly desirable Southeast corner. Nicely cared for, and ready for a new resident. Quiet secure building has 24 hour lobby security, soundproof walls, on site laundry & storage.This is a perfect home for student, downtown base professional, senior, or anyone looking for a reasonably priced downtown location.

Last Agent to Sell the Property

Brian Tomsic

University Realty Associates License #6506037705 Listed on: 01/12/2018

Last Buyer's Agent

Brian Tomsic

University Realty Associates License #6506037705 Listed on: 01/12/2018

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,731

Year Built

  • Built in 1969

Lot Details

  • 871

HOA Fees

  • $729 Monthly HOA Fees

Interior Spaces

  • 596 Sq Ft Home
  • Window Treatments

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • 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, cable/satellite

Amenities

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,731

Year Built

Built in 1969

Lot Details

0

HOA Fees

$729 per month

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • Year Built: 1969
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Condominium
  • General Property Info:New Construction2: No
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 596.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 3731.0
  • 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:Ceramic Floor: Yes
  • Additional Items:Window Treatments: Yes
  • Heat Type:Heat Pump: Yes
  • Additional Items:Elevator: Yes
  • General Property Info:SqFt Above Grade: 596.0
  • Additional Items:Carpet Floor: Yes
  • Additional Items:Tile Floor: Yes
  • Assoc Amenities:Laundry: Yes
  • General Property Info Elementary School2: Bach
  • General Property Info High School: Pioneer
  • General Property Info Middle School2: Slauson
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Disposal, Dishwasher, Oven, Range, Refrigerator
  • Interior Amenities: Ceramic Floor, Elevator, Eat-in Kitchen
  • Fireplace: No
  • Total Bedrooms: 1
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • LivingArea: 596.0
  • Window Features: Window Treatments
  • Kitchen Features:Eating Area: Yes
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes

Exterior Features

  • Construction Materials: Other
  • List Price: 195000.0
  • Lot Features: Sidewalk

Garage/Parking

  • Garage: No
  • Garage:Garage2: No

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Laundry, Cable TV, Meeting Room, Storage
  • Association Fee: 729.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Info:Approx Assoc Fee2: 729.0
  • Association Info:Assoc Fee Payable: Monthly
  • Assoc Amenities:Cable TV: Yes
  • Assoc Amenities:Storage: Yes
  • Assoc Amenities:Meeting Room: Yes

Fee Information

  • Association Fee Includes: Water, Trash, Snow Removal, Cable/Satellite

Schools

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

Lot Info

  • Lot Size Acres: 0.02
  • Lot Size Area: 0.02
  • Lot Size Sq Ft: 697.0
  • Zoning Description: C2AR
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3731.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2023
Sold by
Shi Jianying
Bought by
Xu Alec S and Xu Austin S
Current Estimated Value
$279,527

Purchase Details

Closed on
Aug 29, 2023
Sold by
Xu Xiaochu
Bought by
Xu Alec S and Xu Austin S

Purchase Details

Listed on
Jan 12, 2018
Closed on
Apr 25, 2018
Sold by
Sivakumar Amrutha
Bought by
Shi Jiaying and Xu Xiaochu
Seller's Agent
Brian Tomsic
University Realty Associates
Buyer's Agent
Brian Tomsic
University Realty Associates
List Price
$195,000
Sold Price
$185,000
Premium/Discount to List
-$10,000
-5.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.64%

Purchase Details

Closed on
Apr 24, 2013
Sold by
Sakr Lina and Sakr Bana
Bought by
Sivakumar Amrutha and Sivakumar Raj

Purchase Details

Closed on
Aug 20, 2012
Sold by
Sakr Lina and Sakr Rima
Bought by
Sakr Lina and Sakr Bana

Purchase Details

Closed on
Mar 10, 2010
Sold by
Sakr Lina
Bought by
Sakr Lina and Sakr Bana

Purchase Details

Closed on
Aug 3, 2007
Sold by
Assarian Gary S and Assarian Linda M
Bought by
Sakr Lina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,250
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Xu Alec S -- None Listed On Document
Xu Alec S -- None Listed On Document
Shi Jiaying $185,000 Preferred Title
Sivakumar Amrutha $170,000 American Title Company Of Wa
Sakr Lina -- None Available
Sakr Lina -- None Available
Sakr Lina $195,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sakr Lina $146,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2018 05/01/18 Sold $185,000 -5.1% $310 / Sq Ft
03/22/2018 03/22/18 Pending -- -- --
01/12/2018 01/12/18 For Sale $195,000 -- $327 / Sq Ft
Source: Southwestern Michigan Association of REALTORS®

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 $5,532 $109,000 $0 $0
2024 $4,479 $101,900 $0 $0
2023 $4,852 $92,900 $0 $0
2022 $5,923 $92,200 $0 $0
2021 $5,756 $87,900 $0 $0
2020 $5,575 $85,200 $0 $0
2019 $5,450 $85,700 $85,700 $0
2018 $3,835 $77,600 $0 $0
2017 $3,730 $80,400 $0 $0
2016 $3,599 $74,594 $0 $0
2015 $3,427 $74,371 $0 $0
2014 $3,427 $72,500 $0 $0
2013 -- $72,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brian Tomsic

    Seller's Agent in 2018

    Brian Tomsic

    University Realty Associates

    (734) 646-6156

    95 in this area

    98 Total Sales

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About Tower Plaza

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23101223

Southwestern Michigan Association of REALTORS®

APN: 09-29-401-093

Michigan Washtenaw County Ann Arbor 48104 Downtown Ann Arbor

555 E William St Unit 7J, Ann Arbor, MI

This home is located at 555 E William St Unit 7J, Ann Arbor, MI 48104 since 12 January 2018 and is currently estimated at $279,527, approximately $469 per square foot. This property was built in 1969. 555 E William St Unit 7J is a home located in Washtenaw County with nearby schools including Bach Elementary School, Slauson Middle School, and Pioneer High School.

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.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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