NOT LISTED FOR SALE

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

Downtown Ann Arbor Neighborhood

Estimated Value: $207,510 - $218,000

Studio
1 Bath
383 Sq Ft
1969 Built

Sale Details

Date Sold: April 3, 2023

Last sale price $182,000 $475 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,028 / mo

18 Days on Market

Highlights

  • Elevator
  • Laundry Room
  • Central Air
  • Bach Elementary School Rated A
  • Ceramic Tile Flooring
  • 4-minute walk to Liberty Plaza

About This Home

As of April 2023

Ideal urban living in the tallest building in Ann Arbor, Tower Plaza condominium. Located in prime downtown location. One block from the University of Michigan main campus. This studio unit on the 9th floor offers Southern views overlooking central campus. The kitchen has white cabinets, new laminate flooring, and newer appliances. The bathroom has a white vanity, new toilet and ceramic tile floor. Updates include new electrical panel and newer carpet. Building has soundproof walls and 24 hour lobby security. HOA includes water and on site maintenance. Building postal and delivery service. The main level lounge is perfect for hosting guests. There is on-site laundry and storage unit in basement. Perfect location for downtown based professionals, students, investors and a convenient week weekend getaway for out of towners. Enjoy Ann Arbor events, restaurants and entertainment all within walking distance. This unit location offers an attractive value for downtown Ann Arbor living. Parking can be leased as it becomes available. This unit is rented through 7/31/2023.

Last Agent to Sell the Property

Lyla Icaza

The Charles Reinhart Company License #6501267241 Listed on: 03/02/2023

The Charles Reinhart Company

Last Buyer's Agent

Tyler Baker

Baker Cowan Group LLC License #6501397725

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1969

HOA Fees

  • $525 Monthly HOA Fees

Home Design

  • 383 Sq Ft Home
  • Brick Exterior Construction

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on lower level

Schools

  • Bach Elementary School
  • Slauson Middle School
  • Pioneer High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Hot Water Heating System
  • Cable TV Available

Community Details

Overview

  • Association fees include water, trash, snow removal
  • Tower Plaza Condo Subdivision

Amenities

  • Laundry Facilities
  • Elevator
  • Community Storage Space

Property Details

Home Type

Condominium

Year Built

Built in 1969

Lot Details

0 Sq Ft Lot

HOA Fees

$525 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: 475.2
  • General Property Info:New Construction2: No
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 383.0
  • General Property Info:Main Level Primary: No
  • Tax Info:Annual Property Tax: 5319.0
  • Tax Info:Zoning3: RES
  • Air Conditioning:Central Air: Yes
  • Appliances Refrigerators: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Heat Type:Hot Water: Yes
  • Appliances Microwave: Yes
  • Location Property Info:Subdivision2: Tower Plaza Condo
  • Heat Type:Heat Pump: Yes
  • Additional Items:Elevator: Yes
  • General Property Info:SqFt Above Grade: 383.0
  • Assoc Amenities:Laundry: Yes
  • Laundry Features Lower Level: 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:Carpet 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, Microwave, Oven, Range, Refrigerator
  • Flooring: Carpet, Ceramic Tile, Laminate, Tile
  • Interior Amenities: Elevator
  • Fireplace: No
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • LivingArea: 383.0
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes

Exterior Features

  • Construction Materials: Brick
  • List Price: 182000.0
  • Lot Features: Sidewalk, Site Condo
  • Exterior Material:Brick: Yes

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Heat Pump, Hot Water
  • Heating: Yes
  • Laundry Features: Lower Level
  • Sewer: Public
  • Utilities: Natural Gas Connected, Cable Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Laundry, Storage
  • Association Fee: 525.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Association Info:Approx Assoc Fee2: 525.0
  • Association Info:Assoc Fee Payable: Monthly
  • Assoc Amenities:Storage: Yes

Fee Information

  • Association Fee Includes: Water, Trash, Snow Removal

Schools

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

Lot Info

  • Zoning Description: RES

Tax Info

  • Tax Annual Amount: 5319.0
  • Tax Year: 2022

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
Mar 2, 2023
Closed on
Apr 3, 2023
Sold by
Bought by
Seller's Agent
Lyla Icaza
The Charles Reinhart Company
Buyer's Agent
Tyler Baker
Baker Cowan Group LLC
List Price
$182,000
Sold Price
$182,000
Current Estimated Value
$214,628

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,628
Avg. Annual Appreciation
5.25%

Purchase Details

Closed on
Nov 24, 2020
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
$80,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 6, 2020
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
$80,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 13, 2019
Sold by
Bought by

Purchase Details

Listed on
Jun 22, 2018
Closed on
Mar 8, 2019
Sold by
Bought by
Seller's Agent
Rachel Robinson
The Charles Reinhart Company
Buyer's Agent
Lyla Icaza
The Charles Reinhart Company
List Price
$155,000
Sold Price
$140,000
Premium/Discount to List
-$15,000
-9.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.04%
Original Mortgage
$80,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 2, 2015
Closed on
Jul 14, 2015
Sold by
Bought by
Seller's Agent
Brian Tomsic
University Realty Associates
Buyer's Agent
Rachel Robinson
The Charles Reinhart Company
List Price
$135,000
Sold Price
$130,000
Premium/Discount to List
-$5,000
-3.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.05%

Purchase Details

Closed on
Apr 11, 2003
Sold by
Bought by
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
$182,000 --
-- None Available
-- Liberty Title
-- None Available
$140,000 Preferred Title
$130,000 --
$112,500 American Title Co Washtenaw
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 $80,000
Previous Owner $80,000
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
04/03/2023 04/03/23 Sold $182,000 0.0% $475 / Sq Ft
03/20/2023 03/20/23 Pending -- -- --
03/02/2023 03/02/23 For Sale $182,000 +30.0% $475 / Sq Ft
03/12/2019 03/12/19 Sold $140,000 -9.7% $366 / Sq Ft View Prior Sale
03/06/2019 03/06/19 Pending -- -- --
06/22/2018 06/22/18 For Sale $155,000 +19.2% $405 / Sq Ft
07/14/2015 07/14/15 Sold $130,000 -3.7% $339 / Sq Ft View Prior Sale
06/29/2015 06/29/15 Pending -- -- --
02/02/2015 02/02/15 For Sale $135,000 -- $352 / 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 $4,133 $92,600 $0 $0
2024 $4,031 $87,800 $0 $0
2023 $3,636 $81,800 $0 $0
2022 $5,318 $81,300 $0 $0
2021 $5,168 $78,300 $0 $0
2020 $5,006 $76,500 $0 $0
2019 $3,592 $76,800 $76,800 $0
2018 $3,542 $73,700 $0 $0
2017 $3,446 $69,700 $0 $0
2016 $3,324 $68,900 $0 $0
2015 $3,888 $65,328 $0 $0
2014 $3,888 $63,800 $0 $0
2013 -- $63,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lyla Icaza

    Seller's Agent in 2023

    Lyla Icaza

    The Charles Reinhart Company

    (734) 678-3863

    2 in this area

    58 Total Sales

    Lyla Icaza
    Section Image

  • T

    Buyer's Agent in 2023

    Tyler Baker

    Baker Cowan Group LLC

    (734) 474-7899

    1 in this area

    21 Total Sales

    Tyler Baker
    Section Image
  • Rachel Robinson

    Seller's Agent in 2019

    Rachel Robinson

    The Charles Reinhart Company

    (734) 649-7029

    70 Total Sales

    Rachel Robinson
    Section Image
  • Brian Tomsic

    Seller's Agent in 2015

    Brian Tomsic

    University Realty Associates

    (734) 646-6156

    84 in this area

    87 Total Sales

    Brian Tomsic
    Section Image
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About Tower Plaza

Map

Source: MichRIC

MLS Number: 54859

MichRIC

APN: 09-29-401-107

Michigan Washtenaw County Ann Arbor 48104 Downtown Ann Arbor

555 E William St Unit 9E, 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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