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$245,000

Beds
1
Baths
1.0
sq ft
430

555 E William St Unit 21F, Ann Arbor, MI 48104

555 E William St Unit 21F

Ann Arbor, MI 48104

  • 1 day on market
North side 21st floor Small One Bedroom unit with magnificent view of downtown Ann Arbor through full width panoramic window in living and bedroom. Prime downtown location jsut 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. Note: rented through 7/15/25

Details

Property type

Condominium

Est. home value

$239,929

Lot size

436 sq ft

Price per sq ft

$570

Year built

1969

Annual property taxes

$7,856

Monthly HOA fee

$667

Price History

02/04/2025
Realcomp

Realcomp #81025004078

Listed
$245,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Ann Arbor

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

$131,598
Asking price
$245,000
Closing costs (~8% of asking)
-$19,600
Est. remaining loan balance
-$93,802
Cash to seller
$131,598

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

Seller’s Loan History

Lender

Midtown Financial Services Llc

Loan start date

April 2009

Original loan amount

$142,000

Est. remaining balance

$93,802

Interest rate

5.15%

Loan type

Not Provided, 30 year

Seller

Joe Arifin

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: Active

Tomo last checked: 02/05/2025 at 10:55 AM

Listing updated: 02/04/2025 at 12:14 PM

Listed by: Brian Tomsic, University Realty Associates Phone #: (734) 663-1530

MLS: Realcomp #81025004078

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