Redfin is joining Rocket

Discover how we're simplifying your journey home.

$360,000

41643 Tera Ln Novi, MI 48375

3 beds
2 full, 1 partial
1,900 sqft
$189 / sqft
Condo

Property details

About 41643 Tera Ln

Welcome to this beautifully appointed 2-story townhome in the sought-after Townhomes at GATEWAY VILLAGE OF NOVI community. Beautiful Townhouse With 3 Bedrooms And 2.5 Bath With Attached Garage, Located In The Heart Of Novi! Award-Winning Novi Schools, The impressive great room is adorned with a captivating cathedral ceiling, creating a spacious and airy atmosphere. Ample storage everywhere throughout the home and an abundance of natural light from all the windows!! Primary suite ensuite bath will make you feel like you are at a spa! The kitchen is equipped with an island, Granite countertops, stainless steel appliances, backsplash, and upgraded cabinetry, perfect for both cooking and entertaining. A striking chandelier lights the dining area, creating an ideal space for gatherings. The expansive primary bedroom is a true retreat, featuring a large drop-in tub, shower enclosure, vanity, and a massive walk-in closet. The second floor features two additional bedrooms, each with an en-suite bathroom and a Loft providing privacy and comfort. Located in a desirable neighborhood, this condo is conveniently close to shopping, highways, dining, and recreational activities. Don't miss the opportunity to make this stunning space your own! HOA covers: Snow Removal, Maintenance of Grounds, Sewer, Trash, Water

Highlights

Home typeCondominium
HeatingForced Air, Natural Gas
StatusAccepting Backup Offers
Size1,900 sqft
Year built2003
ParkingOne Car Garage, Attached, Electricity in Garage, Garage Door Opener, Garage Faces Rear
MLS #20251014285
Attached garage1 space
FireplaceLiving Room

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Dryer, Electric Range, Refrigerator, Microwave, Washer
  • Basement: No
  • Fireplace: Living Room
  • Total Bedroom Count: 3
  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: One Car Garage, Attached, Electricity in Garage, Garage Door Opener, Garage Faces Rear
  • Architectural Style: Colonial
  • Heating: Forced Air, Natural Gas
  • List Price: $360,000
  • Price/SqFt: $189
  • HOA Amount: $260 Monthly
  • Annual Tax Amount: $4,979
  • Tax Year: 2023
  • Directions: Grand River & Meadowbrook
  • Year Built: 2003
  • Living Area: 1,900 SqFt
  • MLS Number: 20251014285
  • MLS Name: Realcomp II Ltd
  • Office Name: Community Choice Realty Associates, LLC
  • Office Phone: (734) 992-5515
  • Listing Agent: Hari K Kakumanu

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/23/2025, 8:45:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Sep 15, 2022
Home Sold
$315,000
Jun 10, 2009
Home Sold
$125,000
Mar 16, 2004
Home Sold
$273,000

Tax history

YearAssessmentProperty Tax
2023$135,350$4,979
2020$122,700$2,449
2018$109,250$2,899
2017$106,500$2,851

History based on county public records data.

Nearby schools

6

Orchard Hills Elementary School

Public District KG-4

0.9 mi

41900 Quince Dr

7

Village Oaks Elementary School

Public District KG-4

1.4 mi

23333 Willowbrook

7

Novi Meadows Elementary School

Public District 5-6

1.9 mi

25549 Taft Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $54,911. Typical income of Novi, MI residents is between $35k-100k annually. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

36%
<35k
40%
35k-100k
22%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

58%
Single, No Kids
10%
Single, with Kids
17%
Married, No Kids
15%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
7%
12-17 yrs old
30%
18-34 yrs old
37%
35-64 yrs old
13%
65+ yrs old

What do the neighbors do for fun?

  • Yoga/pilatesYoga/pilates
  • Figure SkatingFigure Skating
  • SoccerSoccer

Where do the neighbors shop?

  • H&MH&M
  • Chico'sChico's
  • Forever 21Forever 21

Where do the neighbors go to eat?

  • Dominos PizzaDominos Pizza
  • Bob EvansBob Evans
  • LongHorn SteakhouseLongHorn Steakhouse

What do the neighbors drive?

  • AudiAudi
  • OldsmobileOldsmobile
  • MazdaMazda

What do the neighbors listen to?

  • AlternativeAlternative
  • NewsNews
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 41643 Tera Ln

The listing price of 41643 Tera Ln property is $360,000.

The property 41643 Tera Ln is a condo located in Novi, Michigan, 48375.

Accepting Backup Offers: 41643 Tera Ln is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

The nearby schools for 41643 Tera Ln are: Orchard Hills Elementary School (GreatSchools Rating 6/10), Village Oaks Elementary School (GreatSchools Rating 7/10), Novi Meadows Elementary School (GreatSchools Rating 7/10), Novi Middle School (GreatSchools Rating 7/10), James R. Geisler Middle School (GreatSchools Rating 5/10), Farmington Steam Academy (GreatSchools Rating 9/10), Novi High School (GreatSchools Rating 8/10), Career Preparation (GreatSchools Rating 4/10), Oakland Flextech High School (GreatSchools Rating 4/10).

According to the records, the last property tax for 2023 is $4,979 (source: MLS/based on county public records data).

The last sale was on September 15, 2022 for $315,000 (source: MLS/tax record).

The property at 41643 Tera Ln has 3 bedrooms and 2 full and 1 half bathrooms.

The property 41643 Tera Ln is 1,900 SqFt (source: MLS/tax record).

The year of construction for 41643 Tera Ln is 2003.

This home is located at 41643 Tera Ln in Novi, MI and zip code 48375. This 1,900 square foot home was built in 2003. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 22, 2025 and is currently priced at $360,000.

Novi, MI housing market in June 2025 saw over 25 listings sold above listed price, more than 7 sold at listed price and over 21 sold below. The inventory of homes for sale in Novi, MI between May and June 2025 increased by 18.2%. While the average time on the market in June 2025 was 16 days, the median list price was $475,000.

From Rocket Homes Real Estate and based on county public records data.

More resources