NOT LISTED FOR SALE

Tower Plaza 555 E William St Unit 8G Ann Arbor, MI 48104

Downtown Ann Arbor Neighborhood

Estimated Value: $197,000 - $240,000

1 Bed
1 Bath
430 Sq Ft
1969 Built

Sale Details

Date Sold: March 17, 2025

Last sale price $236,000 $549 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $2,207 / mo

33 Days on Market

Highlights

  • Meeting Room
  • Security Service
  • Central Air
  • Bach Elementary School Rated A
  • Laundry Room
  • 4-minute walk to Liberty Plaza

About This Home

As of March 2025

Nicely renovated North side Small One Bedroom unit. Full width panoramic windows fill the place with light. Updated kitchen has new white cabinets with granite countertops. New lux vinyl plank flooring. 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 base professional, senior, investor, weekender, or anyone looking for a reasonably priced downtown residence. Parking and on site rental management available.

Last Agent to Sell the Property

Brian Tomsic

University Realty Associates License #6506037705 Listed on: 01/10/2025

Last Buyer's Agent

Brian Tomsic

University Realty Associates License #6506037705 Listed on: 01/10/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,821

Year Built

  • Built in 1969

HOA Fees

  • $667 Monthly HOA Fees

Parking

  • Parking Permit Required

Home Design

  • Concrete Siding

Interior Spaces

  • 430 Sq Ft Home
  • 1-Story Property
  • Laundry in Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Utilities

  • Central Air
  • Heat Pump System
  • Hot Water Heating System

Community Details

Overview

  • Association fees include water, trash, snow removal, sewer, heat
  • Association Phone (734) 997-3550
  • Tower Plaza Condos

Amenities

  • Meeting Room
  • Laundry Facilities
  • Community Storage Space

Additional Features

  • Security
  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,821

Year Built

Built in 1969

Lot Details

0 Sq Ft Lot

HOA Fees

$667 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: 555.81
  • General Property Info:New Construction2: No
  • General Property Info:Waterfront3: 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: 4821.0
  • Tax Info:Zoning3: c2ar
  • Air Conditioning:Central Air: Yes
  • Appliances Refrigerators: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Heat Type:Hot Water: Yes
  • Appliances Microwave: Yes
  • General Property Info:Condo Proj Name: Tower Plaza
  • Heat Type:Heat Pump: Yes
  • General Property Info:SqFt Above Grade: 430.0
  • Assoc Amenities:Laundry: Yes
  • Laundry Features Laundry Room: Yes
  • Laundry Features In Basement: Yes
  • Laundry Features Common Area: Yes
  • General Property Info Garage YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Fireplace: No
  • Total Bedrooms: 1
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Other
  • LivingArea: 430.0
  • General Property Info:Stories2: 1.0
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes

Exterior Features

  • Construction Materials: Concrete
  • List Price: 239000.0
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Concrete: Yes

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Features: Permit Required
  • Parking Features:Permit Required: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Heat Pump, Hot Water
  • Heating: Yes
  • Laundry Features: Common Area, In Basement, Laundry Room
  • Sewer: Public
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Laundry, Meeting Room, Security, Storage
  • Association Fee: 667.0
  • Association Fee Frequency: Monthly
  • Association Phone: +7 349-973-5500
  • Association: Yes

Association/Amenities

  • Association Info:Approx Assoc Fee2: 667.0
  • Association Info:Assoc Fee Payable: Monthly
  • Assoc Amenities:Security: Yes
  • Assoc Amenities:Storage: Yes
  • Assoc Amenities:Meeting Room: Yes
  • Association Info:Association Phone: 73499735500

Fee Information

  • Association Fee Includes: Water, Trash, Snow Removal, Sewer, Heat

Lot Info

  • Zoning Description: c2ar

Tax Info

  • Tax Annual Amount: 4821.0
  • Tax Year: 2024

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2025
Closed on
Mar 17, 2025
Sold by
Bought by
Seller's Agent
Brian Tomsic
University Realty Associates
Buyer's Agent
Brian Tomsic
University Realty Associates
List Price
$239,000
Sold Price
$236,000
Premium/Discount to List
-$3,000
-1.26%
Views
36
Current Estimated Value
$219,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,309
Avg. Annual Appreciation
-5.52%

Purchase Details

Closed on
Jul 13, 2023
Sold by
Bought by

Purchase Details

Closed on
Jun 27, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,200
Interest Rate
4.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$236,600 Preferred Title
$236,600 Preferred Title
$195,000 None Listed On Document
$174,000 Preferred Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $139,200
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/17/2025 03/17/25 Sold $236,000 -1.3% $549 / Sq Ft
02/12/2025 02/12/25 Pending -- -- --
01/10/2025 01/10/25 For Sale $239,000 -- $556 / Sq Ft
Source: MichRIC

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,237 $95,300 $0 $0
2024 $4,848 $90,000 $0 $0
2023 $4,351 $83,300 $0 $0
2022 $5,388 $82,800 $0 $0
2021 $5,236 $79,500 $0 $0
2020 $5,071 $77,500 $0 $0
2019 $4,948 $77,800 $77,800 $0
2018 $3,407 $73,800 $0 $0
2017 $3,099 $71,900 $0 $0
2016 $3,020 $48,810 $0 $0
2015 $2,896 $48,665 $0 $0
2014 $2,896 $47,145 $0 $0
2013 -- $47,145 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brian Tomsic

    Seller's Agent in 2025

    Brian Tomsic

    University Realty Associates

    (734) 646-6156

    84 in this area

    87 Total Sales

    Brian Tomsic
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About Tower Plaza

Map

Source: MichRIC

MLS Number: 25001199

MichRIC

APN: 09-29-401-097

Michigan Washtenaw County Ann Arbor 48104 Downtown Ann Arbor

555 E William St Unit 8G, 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 2026 MichRIC, LLC. All rights reserved.

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