Sold
41643 Tera Lane, Novi, MI
Sold on 08/15/2025 for$350,000
MLS # 20251014285 (Realcomp)
3 beds3 baths1,900 sqftBuilt 20030 acres
1 / 42
Listing Description
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
Source: SparkMLS
About this home
Located in Gateway Village Of Novi in Novi, this property offers 3-bedroom, 3-bath, 1,900 sq ft, with original construction dating to 2003.
Final sale price: $350,000 (about $184/sq ft).
Estimated annual property tax: $4,068, or about $339 monthly. Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Electric service is provided by DTE Electric Company; natural gas by Consumers Energy Company. Fiber internet is available at this address with download speeds up to 5,000 Mbps across 9 providers.
Listing Property Details
Property TypeResidential
Property SubtypeCondominium
Bedrooms3
Bathrooms3
Living Area1,900 sqft
Year Built2003
Stories2
Location
CityNovi
MunicipalityNovi Twp
CountyOakland
School DistrictNovi Community School District
Construction & Systems
ConstructionBrick
BasementSlab
Garage1 space
HeatingForced Air
InteriorHome Warranty
Sale & Financing
Listed7/21/2025
Sold Date8/14/2025
Terms AcceptedCash, Conventional
HOA
HOA Fee$260 / Monthly
IncludesLawn/Yard Care, Sewer, Snow Removal, Trash, Water
Source: SparkMLS
Tax Information
Annual Tax$5,226
State Equalized Value$147,630
Taxable Value$145,590
Parcel #2223227048
Source: Public Records
Legal Description
T1N, R8E, SEC 23 OAKLAND COUNTY CONDOMINIUM PLAN NO 1430 GATEWAY VILLAGE OF NOVI UNIT 48, BLDG 1 L 25305 P 808 4-10-02 FR 226-041
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Hari K Kakumanu
Community Choice Realty Associates, LLC
Frequently Asked Questions about 41643 Tera Lane, Novi, MI
Which school district serves 41643 Tera Lane, Novi, MI?
Per MLS# 20251014285, 41643 Tera Lane, Novi, MI is in the Novi Community School District boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Novi Community School District directly to confirm enrollment eligibility.
Can I use FHA or VA financing for this property?
Per MLS# 20251014285, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 41643 Tera Lane, Novi, MI?
Per public tax records, annual property taxes for this property are $5,226. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 41643 Tera Lane, Novi, MI 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.
Is 41643 Tera Lane, Novi, MI in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. 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.
What internet service is available at this address?
Per FCC Broadband Data Collection filings, fiber internet is available at 41643 Tera Lane, Novi, MI. The maximum advertised download speed is 5.0 Gbps. 9 internet providers serve this address. Confirm availability and speeds directly with providers.
What utilities serve 41643 Tera Lane, Novi, MI?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: Consumers Energy Company. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the source. Oakland County is served by CLEMIS (Courts and Law Enforcement Management Information System), which provides public safety data for Southeast Michigan law enforcement agencies.
Loading map...
Tax Estimate
$
Annual tax$4,068
Monthly$339
Millage rate27.5569 mills
Municipality: CITY OF NOVI
School district: NORTHVILLE PUBLIC SCHOOLS
County: Oakland
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Mortgage Calculator
$
%
$
$
$
Monthly payment$2,934
Principal & interest$2,335
Property taxes$339
HOA$260
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
FiberDownload
5 Gbps
Upload
5 Gbps
FiberCableLicensed Fixed WirelessGSO SatelliteSatelliteDSL
9 providers at this address
FCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
DTE Electric Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
41643 Tera Lane, Novi, MI
View full property history →
Neighborhood
Gateway Village Of Novi
View all listings →
Community
Novi
Explore neighborhoods →
County
Oakland County
View county overview →
Get email alerts for new listings near 41643 Tera Lane
We'll notify you when something hits the market in Gateway Village Of Novi or nearby.
Munro Real Estate · MI Broker #6502405404 · No spam, one-click unsubscribe.