555 E William Street #22E
Ann Arbor, MI 48104
Condominium · MLS # 81026058747 · Listing courtesy of University Realty Associates
About this home
Lovely North side 22nd floor Studio floorplan with magnificent view of downtown Ann Arbor from full width panoramic windows. Currently fully furnished, with recent updates to bathroom tile and tub surround. 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 & on site rental management available.
Interior
Systems and utilities
Exterior and lot
Taxes, HOA and more
Schools
How it compares in Ann Arbor
Over the last 90 days, 328 homes sold in Ann Arbor for a median of $469,500, about $244 per square foot, and the typical one went under contract in 18 days. This home is listed at $229,000, or $598 per square foot, 145% above the city median, and has been on the market 0 days. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Ann Arbor sales or ask us for the comparable sales on this one.
Property taxes for a new owner
The current owner pays about $4,281 a year. A buyer who lives here would pay about $3,296 to $6,091 a year once the taxable value resets after the sale, at the 2025 homestead rate of 52.67 mills for Ann Arbor City and Ann Arbor schools, plus the 1% administration fee. Michigan resets a home's taxable value the year after it sells, so the seller's bill isn't a good number to budget with. See the math.
Monthly payment estimate
Estimate only, 30 year fixed, includes taxes at a new owner's rate and HOA when listed. Ask us for a lender quote.
Location
Similar homes in Ann Arbor
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