Sold

41640 TERA LN, Novi, MI 48375

Sold on 08/10/2010 for$116,000

MLS # 20000597 (MiRealSource)

3 beds2 baths2,015 sqftBuilt 20040 acres

Listing Description

SHORT SALE APPROVED. CALL LISTING AGENT FOR OFFER INQUIRIES.

Source: SparkMLS

About this home

Located in Gateway Village Of Novi in Novi, this property offers 3-bedroom, 2-bath, 2,015 sq ft, with original construction dating to 2004.

Final sale price: $116,000 (about $58/sq ft).

Fiber internet is available at this address with download speeds up to 5,000 Mbps across 9 providers. Electric service is provided by DTE Electric Company; natural gas by Consumers Energy Company.

Listing Property Details

Property TypeResidential

Property SubtypeCondominium

Bedrooms3

Bathrooms2

Living Area2,015 sqft

Year Built2004

Location

CityNovi

MunicipalityNovi Twp

Zip Code48375

CountyOakland

School DistrictNovi

Construction & Systems

ConstructionBrick, Vinyl Siding

BasementSlab

HeatingForced Air

SewerPublic

Sale & Financing

Listed3/24/2010

Sold Date8/9/2010

Terms AcceptedCash, Conventional, FHA, VA Loan

Source: SparkMLS

Property Records

FEMA Flood Zone: Zone X — Minimal flood risk

Source: FEMA NFHL

USDA Rural Development: Not Eligible

Verify eligibility at USDA

Listed by Carmen Garmo

RE/MAX New Trend

Frequently Asked Questions about 41640 TERA LN, Novi, MI 48375

What school district is 41640 TERA LN, Novi, MI 48375 in?

Per MLS# 20000597, this property is served by Novi. In Michigan, school district boundaries are set by the state and do not always follow city limits.

What financing options are available for 41640 TERA LN, Novi, MI 48375?

Per MLS# 20000597, the seller has indicated this property accepts the following financing types: Cash, Conventional, FHA, VA Loan. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.

Is 41640 TERA LN, Novi, MI 48375 eligible for USDA financing?

Per USDA Rural Development boundary data, 41640 TERA LN, Novi, MI 48375 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.

USDA Eligibility Map

What is the FEMA flood zone designation for this property?

Per FEMA's National Flood Hazard Layer, 41640 TERA LN, Novi, MI 48375 is in flood zone X (minimal risk). Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.

FEMA Flood Map

Is fiber internet available at 41640 TERA LN, Novi, MI 48375?

Per FCC broadband data, this property has access to fiber internet service. The maximum advertised download speed is 5.0 Gbps. 9 internet providers serve this address. Confirm availability and speeds directly with providers.

FCC Broadband Map

Who are the utility providers for this property?

Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: Consumers Energy Company. Sewer: Public. Confirm service details directly with providers.

DTE Electric Company Consumers Energy Company MI Public Service Commission

How safe is this area?

Per our practice, crime and safety data should be obtained directly from the authoritative source. Oakland County law enforcement agencies participate in CLEMIS (Courts and Law Enforcement Management Information System) for public safety records.

CLEMIS

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Purchase Price

Interest Rate

Loan Term

Annual Property Taxes

Annual Homeowner's Insurance

Monthly HOA

Monthly payment$940

Principal & interest$940

Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.

Internet

Fiber

Download

5 Gbps

Upload

5 Gbps

FiberCableLicensed Fixed WirelessGSO SatelliteSatelliteDSL

9 providers at this address

AT&TFiber

5 Gbps

SpectrumCable

1 Gbps

VerizonLicensed Fixed Wireless

300 Mbps

StarlinkGSO Satellite

280 Mbps

T-MobileLicensed Fixed Wireless

100 Mbps

Viasat IncSatellite

100 Mbps

HughesNetSatellite

50 Mbps

AT&TLicensed Fixed Wireless

25 Mbps

AT&TDSL

25 Mbps

FCC Broadband Data Collection (Dec 2025). Max advertised speeds.

Utilities

DTE Electric Company

Investor-Owned

800-477-4747 Web

Consumers Energy Company

Investor-Owned

800-477-5050 Web

MI Public Service Commission service territory boundaries.

Property

41640 TERA LN, Novi, MI 48375

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Neighborhood

Gateway Village Of Novi

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Community

Novi

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County

Oakland County

View county overview →

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About this home

Located in Gateway Village Of Novi in Novi, this property offers 3-bedroom, 2-bath, 2,015 sq ft, with original construction dating to 2004.

Final sale price: $116,000 (about $58/sq ft).

Fiber internet is available at this address with download speeds up to 5,000 Mbps across 9 providers. Electric service is provided by DTE Electric Company; natural gas by Consumers Energy Company.

Listing Property Details

Property TypeResidential

Property SubtypeCondominium

Bedrooms3

Bathrooms2

Living Area2,015 sqft

Year Built2004

Location

CityNovi

MunicipalityNovi Twp

Zip Code48375

CountyOakland

School DistrictNovi

Construction & Systems

ConstructionBrick, Vinyl Siding

BasementSlab

HeatingForced Air

SewerPublic

Sale & Financing

Listed3/24/2010

Sold Date8/9/2010

Terms AcceptedCash, Conventional, FHA, VA Loan

Source: SparkMLS

Frequently Asked Questions about 41640 TERA LN, Novi, MI 48375

What school district is 41640 TERA LN, Novi, MI 48375 in?

Per MLS# 20000597, this property is served by Novi. In Michigan, school district boundaries are set by the state and do not always follow city limits.

What financing options are available for 41640 TERA LN, Novi, MI 48375?

Is 41640 TERA LN, Novi, MI 48375 eligible for USDA financing?

USDA Eligibility Map

What is the FEMA flood zone designation for this property?

FEMA Flood Map

Is fiber internet available at 41640 TERA LN, Novi, MI 48375?

FCC Broadband Map

Who are the utility providers for this property?

Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: Consumers Energy Company. Sewer: Public. Confirm service details directly with providers.

DTE Electric Company Consumers Energy Company MI Public Service Commission

How safe is this area?

CLEMIS