Redfin is joining Rocket

Discover how we're simplifying your journey home.

$375,000

41664 Tera Ln Novi, MI 48375

3 beds
2 full
1,860 sqft
7.2 acres
$202 / sqft
Condo

Property details

About 41664 Tera Ln

THIS BEAUTIFUL CONDO OFFERS ONE OF THE LARGEST FLOOR PLANS IN THE COMMUNITY, AWARD WINNING NOVI SCHOOLS AND GREAT LOCATION. THIS 2 STORY UNIT WITH VAULTED CEILINGS AND LOFT AREA AND VERY OPEN FLOOR PLAN WITH LOTS OF NATURAL LIGHT. SPACIOUS MASTER SUITE WITH A LARGE MASTER BATH. RELAX ON THE BALCONY DURING THE SUMMER OR WARM UP NEXT TO THE FIREPLACE IN THE WINTER. DIRECT ACCESS FROM THE GARAGE AS WELL AS THE FRONT DOOR WITH ENOUGH GUEST PARKING. WITHIN THE VILLAGE THERE ARE COMMUNITY SQUARES, PROTECTED NATURE AREAS, SIDEWALKS AND STREETLIGHTS. THE VILLAGE OFFERS LOTS OF GREEN GRASS AND TREES IN A PEACEFUL PLACE WITH ONSITE SHOPS, CAFES AND RESTAURANTS. NEW UPDATES INCLUDE FRESH PAINTING, BRAND NEW CARPETS & REFREIGERATOR. NEW AC & FURNACE AT YEAR 2022. Offers Due Sunday 7/13/25 by 6:00 PM.

Highlights

Home typeCondominium
HeatingForced Air, Natural Gas
StatusActive
Size1,860 sqft
BasementYes
Lot size7.23 Acres
Year built2004
ParkingAttached, Garage Door Opener, Paved, Garage Faces Rear
MLS #81025032774
Attached garage1 space
FireplaceLiving Room

Summary

  • Full Bathrooms: 2
  • Basement: Yes
  • Fireplace: Living Room
  • Total Bedroom Count: 3
  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Attached, Garage Door Opener, Paved, Garage Faces Rear
  • Architectural Style: Townhouse
  • Heating: Forced Air, Natural Gas
  • List Price: $375,000
  • Price/SqFt: $201
  • HOA Amount: $260 Monthly
  • Annual Tax Amount: $6,506
  • Tax Year: 2023
  • Year Built: 2004
  • Stories: 2
  • Living Area: 1,860 SqFt
  • Lot Size: 7.23 Acres
  • MLS Number: 81025032774
  • MLS Name: Greater Metropolitan Association of REALTORS
  • Office Name: Bluesky Realty Referrals LLC
  • Office Phone: (734) 972-8484
  • Listing Agent: Lixing Cao

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: 7/9/2025, 5:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Jul 17, 2015
Home Sold
$200,000
May 06, 2005
Home Sold
$265,025

Tax history

YearAssessmentProperty Tax
2023$131,340$6,506
2020$119,050$4,404
2018$106,600$5,649
2017$103,950$5,565

History based on county public records data.

Nearby schools

6

Orchard Hills Elementary School

Public District KG-4

1.0 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. Residents of Novi, MI typically earn between $35k-100k each year. Most 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 41664 Tera Ln

The listing price of 41664 Tera Ln property is $375,000.

The property 41664 Tera Ln is a condo located in Novi, Michigan, 48375.

Active Listing: 41664 Tera Ln is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 41664 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 $6,506 (source: MLS/based on county public records data).

The last sale was on July 17, 2015 for $200,000 (source: MLS/tax record).

The property at 41664 Tera Ln has 3 bedrooms and 2 bathrooms.

The property 41664 Tera Ln is 1,860 SqFt (source: MLS/tax record).

The year of construction for 41664 Tera Ln is 2004.

This home is located at 41664 Tera Ln in Novi, MI and zip code 48375. This 1,860 square foot home, which was built in 2004, sits on a 7.23 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 6, 2025 and is currently priced at $375,000.

In June 2025, from all listings sold in Novi, MI there were more than 25 sold above asking price, over 21 sold below and more than 7 were sold right at the asked price. In June 2025 in Novi, MI there were 18.2% more homes for sale than in May. In June 2025, listings were on the market for 16 days. During the same period, the median list price in this real estate market was $475,000.

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

More resources