Sold
555 E William Street, 8J, Ann Arbor, MI 48104
Sold on 04/17/2024 for$260,000
MLS # 20240005754 (Realcomp)
1 bed1 bath596 sqftBuilt 1970
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Listing Description
Welcome to downtown Ann Arbor's Tower Plaza! This exceptional condo, located just one block from the University of Michigan central campus, offers an unparalleled lifestyle surrounded by cafes and restaurants. Step into this extraordinary unit, meticulously updated and reconfigured with the utmost attention to detail. The space is bathed in natural light, creating a bright and clean atmosphere that welcomes you home. Recent updates include beautiful new flooring and recently painted walls, enhancing the overall modern aesthetic. The heart of this condo is the remodeled kitchen, boasting granite countertops, stainless steel appliances, an undermount stainless steel sink, and trendy bar seating. It's an ideal space for entertaining guests. The bathroom has undergone a complete transformation, featuring tile floors, floor-to-ceiling tile walls, and a stunning tile mosaic in the shower. Enjoy the added convenience of in unit laundry, featuring a Washer/Dryer combo unit. This condo is not only aesthetically pleasing but also offers a quiet and secure environment. For additional space, the unit also comes with a 2nd floor, dedicated storage unit. With 24-hour lobby security and soundproof walls, you'll experience tranquility in the heart of downtown. Don't miss your chance to make this updated condo your new home. Schedule a showing today and embrace the pinnacle of downtown living! Preferred lender offers discounted rate for this listing.
Source: SparkMLS
About this home
Located in Tower Plaza in Ann Arbor, this property offers 1-bedroom, 1-bath, 596 sq ft, with original construction dating to 1970.
Final sale price: $260,000 (about $436/sq ft).
Estimated annual property tax: $4,894, or about $408 monthly. Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
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Listing Property Details
Property TypeResidential
Property SubtypeCondominium
Bedrooms1
Bathrooms1
Living Area596 sqft
Year Built1970
Stories1
Location
CityAnn Arbor
MunicipalityAnn Arbor
Zip Code48104
CountyWashtenaw
School DistrictAnn Arbor
Construction & Systems
BasementSlab
HeatingHeat Pump, Hot Water
WaterPublic
SewerPublic
InteriorElevator
Sale & Financing
Listed2/6/2024
Sold Date4/16/2024
Terms AcceptedCash, Conventional, FHA, VA Loan
HOA
HOA Fee$871 / Monthly
IncludesCable/Satellite, Lawn/Yard Care, Sewer, Snow Removal, Trash, Water
Source: SparkMLS
Tax Information
Annual Tax$4,894
Parcel #090929401105
Source: SparkMLS
Legal Description
UNIT 86 TOWER PLAZA CONDO
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Brenda Meeuwenberg
Coldwell Banker Professionals-Northville
Frequently Asked Questions about 555 E William Street, 8J, Ann Arbor, MI 48104
Which school district serves 555 E William Street, 8J, Ann Arbor, MI 48104?
Per MLS# 20240005754, 555 E William Street, 8J, Ann Arbor, MI 48104 is in the Ann Arbor boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Ann Arbor directly to confirm enrollment eligibility.
What financing options are available for 555 E William Street, 8J, Ann Arbor, MI 48104?
Per MLS# 20240005754, this listing accepts Cash, Conventional, FHA, VA Loan financing. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 555 E William Street, 8J, Ann Arbor, MI 48104?
Per public tax records, annual property taxes for this property are $4,894. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 555 E William Street, 8J, Ann Arbor, MI 48104 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
Is 555 E William Street, 8J, Ann Arbor, MI 48104 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What utilities serve 555 E William Street, 8J, Ann Arbor, MI 48104?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. Sewer: Public. Water: Public. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the source. Washtenaw County is served by CLEMIS (Courts and Law Enforcement Management Information System), which provides public safety data for Southeast Michigan law enforcement agencies.
Map
Mortgage Calculator
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Monthly payment$2,551
Principal & interest$1,680
HOA$871
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
555 E William Street, 8J, Ann Arbor, MI 48104
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Neighborhood
Tower Plaza
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Community
Ann Arbor
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County
Washtenaw County
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