NOT LISTED FOR SALE

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

Downtown Ann Arbor Neighborhood

Estimated Value: $211,669 - $224,000

1 Bed
1 Bath
430 Sq Ft
1969 Built

Sale Details

Date Sold: November 30, 2023

Last sale price $189,000 $440 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,183 / mo

2 Days on Market

Highlights

  • Meeting Room
  • Elevator
  • Security Service
  • Bach Elementary School Rated A
  • Living Room
  • 4-minute walk to Liberty Plaza

About This Home

As of November 2023

South side 8th floor Grand Studio floorplan with very nice updates. New Luxury vinyl plank flooring, renovated bathroom with contemporary white cabinets, granite countertop, new floor and surround tile, much more. Prime downtown location jus tone 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 available.

Last Agent to Sell the Property

Brian Tomsic

University Realty Associates License #6506037705 Listed on: 11/08/2023

Last Buyer's Agent

Sharon Weintraub

Cornerstone Real Estate License #6501303930

Cornerstone Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,306

Year Built

  • Built in 1969

HOA Fees

  • $599 Monthly HOA Fees

Interior Spaces

  • 1 Full Bathroom
  • 430 Sq Ft Home
  • Window Treatments
  • Living Room
  • Laundry on main level

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile
  • Vinyl

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

$4,306

Year Built

Built in 1969

Lot Details

0 Sq Ft Lot

HOA Fees

$599 per month

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • Year Built: 1969
  • Location Property Info:Property Sub-Type: Condominium
  • OfficeContract Info:List PriceSqFt2: 439.53
  • General Property Info:New Construction2: 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: 4306.0
  • 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:Window Treatments: Yes
  • Location Property Info:Subdivision2: Tower Plaza Condo
  • Heat Type:Heat Pump: Yes
  • Additional Items:Elevator: Yes
  • General Property Info:SqFt Above Grade: 430.0
  • 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:Vinyl Floor: Yes
  • Flooring:Laminate Floor: Yes
  • Flooring:Tile Floor: Yes
  • Flooring:Ceramic Floor: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal, Oven, Range, Refrigerator
  • Flooring: Ceramic Tile, Laminate, Tile, Vinyl
  • Interior Amenities: Elevator
  • Fireplace: No
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • LivingArea: 430.0
  • Window Features: Window Treatments
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes

Exterior Features

  • Construction Materials: Other
  • List Price: 189000.0
  • 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, Storm Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Laundry, Meeting Room, Security, Storage
  • Association Fee: 599.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Association Info:Approx Assoc Fee2: 599.0
  • 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

  • Zoning Description: C2AR

Tax Info

  • Tax Annual Amount: 4306.0
  • Tax Year: 2023

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
Nov 8, 2023
Closed on
Nov 30, 2023
Sold by
Bought by
Seller's Agent
Brian Tomsic
University Realty Associates
Buyer's Agent
Sharon Weintraub
Cornerstone Real Estate
List Price
$189,000
Sold Price
$189,000
Views
30
Current Estimated Value
$216,417

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,417
Avg. Annual Appreciation
5.43%

Purchase Details

Listed on
Jan 7, 2020
Closed on
Nov 25, 2020
Sold by
Bought by
Seller's Agent
Brian Tomsic
University Realty Associates
Buyer's Agent
No Member
Non Member Sales
List Price
$157,500
Sold Price
$147,000
Premium/Discount to List
-$10,500
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.71%

Purchase Details

Closed on
Sep 14, 2011
Sold by
Bought by

Purchase Details

Closed on
Jun 30, 2011
Sold by
Bought by

Purchase Details

Closed on
Jun 9, 2005
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
$116,000
Interest Rate
5.82%
Mortgage Type
Fannie Mae Freddie Mac
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

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
$189,000 Preferred Title
$189,000 Preferred Title
$147,000 Preferred Ttl Agcy Of Ann Ab
-- None Available
-- None Available
$145,000 --
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 $116,000
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 Prior Sale
11/30/2023 11/30/23 Sold $189,000 0.0% $440 / Sq Ft
11/10/2023 11/10/23 Pending -- -- --
11/08/2023 11/08/23 For Sale $189,000 +28.6% $440 / Sq Ft
11/27/2020 11/27/20 Sold $147,000 -6.7% $342 / Sq Ft View Prior Sale
10/26/2020 10/26/20 Pending -- -- --
01/07/2020 01/07/20 For Sale $157,500 -- $366 / 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 $4,985 $95,300 $0 $0
2024 $4,848 $90,000 $0 $0
2023 $3,703 $83,300 $0 $0
2022 $4,177 $82,800 $0 $0
2021 $4,078 $79,500 $0 $0
2020 $4,738 $77,500 $0 $0
2019 $4,519 $77,800 $77,800 $0
2018 $4,434 $73,800 $0 $0
2017 $4,277 $71,900 $0 $0
2016 $4,168 $67,358 $0 $0
2015 $3,997 $67,157 $0 $0
2014 $3,997 $65,500 $0 $0
2013 -- $65,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brian Tomsic

    Seller's Agent in 2023

    Brian Tomsic

    University Realty Associates

    (734) 646-6156

    84 in this area

    87 Total Sales

    Brian Tomsic
    Section Image
  • Sharon Weintraub

    Buyer's Agent in 2023

    Sharon Weintraub

    Cornerstone Real Estate

    (734) 972-1190

    3 in this area

    28 Total Sales

    Sharon Weintraub
    Section Image

  • N

    Buyer's Agent in 2020

    No Member

    Non Member Sales

See All Agents

About Tower Plaza

Map

Source: MichRIC

MLS Number: 23129925

MichRIC

APN: 09-29-401-103

Michigan Washtenaw County Ann Arbor 48104 Downtown Ann Arbor

555 E William St Unit 8L, 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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