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$250,000

Beds
1
Baths
1.0
sq ft
596

555 E William St Unit 15I, Ann Arbor, MI 48104

555 E William St Unit 15I

AnnArborCity_Washtenaw, MI 48104

  • Coming soon
Enjoy panoramic views of downtown Ann Arbor's northeast side from this 15th floor Tower Plaza condo! This one-bedroom unit is only steps from UM Campus and the State St corridor where you'll find many shopping and dining options. Residents of Tower Plaza are provided with 24-hour lobby security, on-site laundry and maintenance staff, and an option for basement storage. This bright and cheery unit features a spacious living room that opens to a quaint dining area and kitchen with plenty of storage space. Incredible location, incredible price and an incredible place to call home! Schedule your showing today!

Details

Property type

Condominium

Est. home value

$236,027

Lot size

Unknown

Price per sq ft

$420

Year built

1969

Annual property taxes

$8,122

Monthly HOA fee

$923.69

Price History

04/12/2023
Realcomp

Realcomp #543292716

Sold
$220,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks

High school district: 

AnnArbor

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$23,816
Asking price
$250,000
Closing costs (~8% of asking)
-$20,000
Est. remaining loan balance
-$206,184
Cash to seller
$23,816

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Bank Of America Na

Loan start date

April 2023

Original loan amount

$211,000

Est. remaining balance

$206,184

Interest rate

6.32%

Loan type

New Conventional, 30 year

Seller

Michael S Fraker and Elizabeth E Fraker

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Coming Soon

Tomo last checked: 03/26/2025 at 7:35 AM

Listing updated: 03/25/2025 at 10:01 AM

Listed by: Brent Flewelling, The Charles Reinhart Company Phone #: (734) 747-7777

MLS: Realcomp #81025011272

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