NOT LISTED FOR SALE

Tower Plaza 555 E William St Unit 9C Ann Arbor, MI 48104

Downtown Ann Arbor Neighborhood

Estimated Value: $255,000 - $289,000

1 Bed
1 Bath
596 Sq Ft
$871/ mo HOA Fee

Last Sold May 17, 2024

Last sale price $265,000 $445 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,806/month

5 Days on Market

Highlights

  • Meeting Room
  • Security Service
  • Hot Water Heating System
  • Bach Elementary School Rated A
  • Central Air
  • 4-minute walk to Liberty Plaza

About This Home

As of May 2024

Nicely renovated Southwest corner Large One Bedroom unit, rented through 7/15/24. 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 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: 03/14/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,956

Year Built

  • Built in 1969

HOA Fees

  • $871 Monthly HOA Fees

Interior Spaces

  • 596 Sq Ft Home
  • 1-Story Property
  • Laundry on main level

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

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) 973-5500

Amenities

  • Meeting Room
  • Laundry Facilities
  • Community Storage Space

Additional Features

  • Security
  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,956

Year Built

Built in 1969

Lot Details

0 Sq Ft Lot

HOA Fees

$871 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: 444.63
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 0
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 596.0
  • General Property Info:Main Level Primary: Yes
  • Tax Info:Annual Property Tax: 4956.0
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Heat Type:Hot Water: Yes
  • Heat Type:Heat Pump: Yes
  • General Property Info:SqFt Above Grade: 596.0
  • Assoc Amenities:Laundry: Yes
  • Laundry Features Common Area: Yes
  • General Property Info Garage YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Fireplace: No
  • Total Bedrooms: 1
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Other
  • LivingArea: 596.0
  • General Property Info:Stories2: 1.0

Exterior Features

  • Construction Materials: Other
  • List Price: 265000.0
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Laundry, Meeting Room, Security, Storage
  • Association Fee: 871.0
  • Association Fee Frequency: Monthly
  • Association Phone: 734-973-5500
  • Association: Yes

Association/Amenities

  • Association Info:Approx Assoc Fee2: 871.0
  • Association Info:Assoc Fee Payable: Monthly
  • Assoc Amenities:Security: Yes
  • Assoc Amenities:Storage: Yes
  • Assoc Amenities:Meeting Room: Yes
  • Association Info:Association Phone: 7349735500

Fee Information

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

Lot Info

  • Lot Dimensions: 0

Tax Info

  • Tax Annual Amount: 4956.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2024
Closed on
May 14, 2024
Sold by
Park Tae Won and Sun Ku
Bought by
Mohamad Tamam and Tarraf Souzan
Seller's Agent
Brian Tomsic
University Realty Associates
List Price
$265,000
Sold Price
$265,000
Views
23
Current Estimated Value
$267,495

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,495
Avg. Annual Appreciation
0.51%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mohamad Tamam $265,000 Preferred Title
Mohamad Tamam $265,000 Preferred Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/17/2024 05/17/24 Sold $265,000 0.0% $445 / Sq Ft
03/19/2024 03/19/24 Pending -- -- --
03/14/2024 03/14/24 For Sale $265,000 -- $445 / Sq Ft
Source: MichRIC

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 $6,054 $112,700 $0 $0
2024 $4,164 $105,600 $0 $0
2023 $3,845 $96,700 $0 $0
2022 $4,654 $96,000 $0 $0
2021 $4,522 $91,600 $0 $0
2020 $4,572 $88,900 $0 $0
2019 $4,178 $89,400 $89,400 $0
2018 $4,099 $81,300 $0 $0
2017 $3,954 $82,600 $0 $0
2016 $3,853 $62,271 $0 $0
2015 $3,695 $62,085 $0 $0
2014 $3,695 $60,146 $0 $0
2013 -- $60,146 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brian Tomsic

    Seller's Agent in 2024

    Brian Tomsic

    University Realty Associates

    (734) 646-6156

    87 in this area

    90 Total Sales

    Brian Tomsic
    Section Image
See All Agents

About Tower Plaza

Map

Source: MichRIC

MLS Number: 24012283

MichRIC

APN: 09-29-401-112

Michigan Washtenaw County Ann Arbor 48104 Downtown Ann Arbor

555 E William St Unit 9C, Ann Arbor, MI

Not Listed for Sale

Condos

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.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.