$355,000
PENDING

41664 Tera Ln Unit 34 Novi, MI 48375

Estimated payment $2,766/month

Total Views 1,122
3 Beds
2 Baths
1,860 Sq Ft
$191 Price per Sq Ft

Highlights

  • 1 Car Attached Garage
  • Orchard Hills Elementary School Rated A+
  • Forced Air Heating System

About This Home

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.

Listing Agent

Lee Cao

Community Choice Realty Inc License #6501334088 Listed on: 08/04/2025

Community Choice Realty Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 2004

HOA Fees

  • $260 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • 1,860 Sq Ft Home
  • Split Level Home
  • Bi-Level Home
  • Brick Exterior Construction
  • Slab Foundation

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Location

  • Ground Level

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 2223227034

Community Details

Overview

  • 248 324 0400 Association
  • Gateway Village Of Novi Occpn 1430 Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,863

Year Built

Built in 2004

Lot Details

0

HOA Fees

$260 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Split Level
  • Architecture Level: Bi-Level
  • Year Built: 2004
  • State Equalized Value: 137090.0000
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Room Count: 6
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Sq Ft Combined: 1860
  • Total Sq Ft: 1860

Exterior Features

  • Foundation Details: Slab
  • Construction Materials: Brick
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fee: 260
  • Association Contact: 248-324-0400
  • Association Fee: Yes

Schools

  • School District: Novi

Lot Info

  • Parcel Number: 2223227034

Tax Info

  • Tax Amount Summer: 4895.0000
  • Tax Amount Winter: 1968.0000
  • Total Tax: 6863.0000
  • Taxable Value: 127030.0000

MLS Schools

  • School District: Novi

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $4,895 $131,340 $0 $0
2022 $6,115 $127,890 $0 $0
2020 $4,273 $119,050 $19,650 $99,400
2015 -- $71,250 $0 $0
2014 -- $69,950 $0 $0
2011 -- $84,550 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2025 08/06/25 Pending -- -- --
08/04/2025 08/04/25 For Sale $355,000 0.0% $191 / Sq Ft
06/10/2021 06/10/21 Rented $2,100 0.0% --
04/19/2021 04/19/21 Under Contract -- -- --
04/10/2021 04/10/21 For Rent $2,100 +5.0% --
11/20/2019 11/20/19 Rented $2,000 0.0% --
11/08/2019 11/08/19 Under Contract -- -- --
10/29/2019 10/29/19 For Rent $2,000 +2.6% --
08/14/2017 08/14/17 Rented $1,950 -4.9% --
08/06/2017 08/06/17 Under Contract -- -- --
07/21/2017 07/21/17 Price Changed $2,050 -2.4% $1 / Sq Ft
06/16/2017 06/16/17 For Rent $2,100 +10.5% --
09/04/2016 09/04/16 Rented $1,900 -5.0% --
08/26/2016 08/26/16 Under Contract -- -- --
07/25/2016 07/25/16 For Rent $2,000 0.0% --
08/02/2015 08/02/15 Rented $2,000 -99.0% --
08/01/2015 08/01/15 Under Contract -- -- --
07/17/2015 07/17/15 Sold $200,000 0.0% $108 / Sq Ft
07/15/2015 07/15/15 For Rent $2,000 0.0% --
06/24/2015 06/24/15 Pending -- -- --
04/07/2015 04/07/15 For Sale $239,900 -- $129 / Sq Ft
Source: Realcomp

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Attorney
Deed $200,000 Attorney
Sheriffs Deed $184,764 None Available
Warranty Deed $265,025 Metropolitan Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $212,000 Fannie Mae Freddie Mac
Source: Public Records

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Source: Realcomp

MLS Number: 20251023929

Realcomp

APN: 22-23-227-034