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$314,900

41666 Tera Ln Novi, MI 48375

3 beds
2 full
1,448 sqft
$217 / sqft
Condo

Property details

About 41666 Tera Ln

Welcome to this 3-bedroom, 2-bath Condo in the sought-after Gateway Village Of Novi Neighborhood! Nestled in the heart of Novi. The living room features a stunning gas fireplace that serves as a cozy focal point, providing warmth and ambiance. The sleek, modern design of the fireplace complements the room's decor, allowing for a stylish yet functional element and an abundance of natural light from all the windows! The kitchen is equipped with 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 charming and private patio is a delightful extension of the living space, accessed through a sliding door that seamlessly connects indoor and outdoor areas. A beautifully crafted brick privacy wall surrounds the patio, creating a cozy and intimate atmosphere. 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
StatusActive
CoolingCentral Air
Size1,448 sqft
Year built2004
ParkingOne Car Garage, Attached
MLS #20251015634
Attached garage1 space

Virtual tour

Summary

  • Full Bathrooms: 2
  • Basement: No
  • Total Bedroom Count: 3
  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: One Car Garage, Attached
  • Architectural Style: Raised Ranch
  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air
  • List Price: $314,900
  • Price/SqFt: $217
  • HOA Amount: $260 Monthly
  • Annual Tax Amount: $4,048
  • Tax Year: 2023
  • Directions: GRAND RIVER/MEADOWBROOK
  • Year Built: 2004
  • Living Area: 1,448 SqFt
  • MLS Number: 20251015634
  • 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: 7/16/2025, 12:45:32 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
Jan 23, 2024
Home Sold
$270,000
Mar 29, 2006
Home Sold
$203,600

Tax history

YearAssessmentProperty Tax
2023$115,480$4,048
2020$103,800$2,161
2018$98,400$2,568
2017$96,050$2,525

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. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

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

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Frequently asked questions

About 41666 Tera Ln

The listing price of 41666 Tera Ln property is $314,900.

The property 41666 Tera Ln is a condo located in Novi, Michigan, 48375.

Active Listing: 41666 Tera Ln is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 41666 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 $4,048 (source: MLS/based on county public records data).

The last sale was on January 23, 2024 for $270,000 (source: MLS/tax record).

The property at 41666 Tera Ln has 3 bedrooms and 2 bathrooms.

The property 41666 Tera Ln is 1,448 SqFt (source: MLS/tax record).

The year of construction for 41666 Tera Ln is 2004.

This home is located at 41666 Tera Ln in Novi, MI and zip code 48375. This 1,448 square foot home was built in 2004. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 11, 2025 and is currently priced at $314,900.

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%. 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.

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