Tower Plaza 555 E William St Unit 8L Ann Arbor, MI 48104
Downtown Ann Arbor Neighborhood
1
Bed
1
Bath
430
Sq Ft
$564/mo
HOA Fee
Highlights
- Meeting Room
- Elevator
- Central Air
- Bach Elementary School Rated A
- Ceramic Tile Flooring
- 4-minute walk to Liberty Plaza
About This Home
As of November 2023Prime downtown location just one block from UM Campus int he quiet State Street neighborhood. Grand Studio floorplan. South side 8th floor unit. Neutral decor, ready to move in. 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, or anyone looking for a reasonably priced downtown residence.
Last Agent to Sell the Property
University Realty Associates License #6506037705 Listed on: 01/07/2020
Last Buyer's Agent
No Member
Non Member Sales
Property Details
Home Type
- Condominium
Year Built
- Built in 1969
HOA Fees
- $564 Monthly HOA Fees
Interior Spaces
- 430 Sq Ft Home
- Window Treatments
- Laundry on main level
Kitchen
- Oven
- Range
- Dishwasher
- Disposal
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 1 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, heat
Amenities
- Meeting Room
- Laundry Facilities
- Elevator
- Community Storage Space
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 8, 2023
Closed on
Nov 30, 2023
Sold by
Patel Mira Bharat and Patel Mickinch Paresh
Bought by
Pnmm 1 Llc
Seller's Agent
Brian Tomsic
University Realty Associates
Buyer's Agent
Sharon Weintraub
Cornerstone Real Estate
List Price
$189,000
Sold Price
$189,000
Total Days on Market
293
Views
30
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
$21,977
Avg. Annual Appreciation
7.51%
Purchase Details
Listed on
Jan 7, 2020
Closed on
Nov 25, 2020
Sold by
Dg Venture Llc
Bought by
Patel Mira Bharat and Patel Mickinch Paresh
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%
Original Mortgage
$110,250
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 14, 2011
Sold by
Sy Daphne A
Bought by
Dg Venture Llc
Purchase Details
Closed on
Jun 30, 2011
Sold by
Sy Guat S and Sy Dionisia A
Bought by
Dg Venture Llc
Purchase Details
Closed on
Jun 9, 2005
Sold by
Batmanghelichi Massoud and Batmanghelichi Olivia
Bought by
Sy Guat S and Sy Dionisia A
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
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $189,000 | Preferred Title | |
| Warranty Deed | $147,000 | Preferred Ttl Agcy Of Ann Ab | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | $145,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $110,250 | New Conventional | |
| Previous Owner | $116,000 | Fannie Mae Freddie Mac |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 |
| 10/26/2020 10/26/20 | Pending | -- | -- | -- |
| 01/07/2020 01/07/20 | For Sale | $157,500 | -- | $366 / 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 |
|---|---|---|---|---|
| 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
100 in this area
103 Total Sales
-
Sharon Weintraub
Buyer's Agent in 2023
Sharon Weintraub
Cornerstone Real Estate
(734) 972-1190
4 in this area
19 Total Sales
-
N
Buyer's Agent in 2020
No Member
Non Member Sales
About Tower Plaza
Map
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 51124
APN: 09-29-401-103
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