41643 Tera Ln #1, Novi, MI 48375 is a condo home that contains 1,860 sq ft and was built in 2004. It contains 3 bedrooms and 3 bathrooms. This home last sold for $350,000 in August 2025.
The Zestimate for this house is $359,100. The Rent Zestimate for this home is $2,758/mo.
Sold for $350,000
Street View
$350,000
41643 Tera Ln #1, Novi, MI 48375
3beds
1,860sqft
Condo
Built in 2004
-- sqft lot
$359,100 Zestimate®
$188/sqft
$2,758 Estimated rent
Home value
$359,100
$338,000 - $384,000
$2,758/mo
Zestimate® history
Owner options
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$2,758/mo
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$2,516/mo
Est. payment
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$2,516/mo
Est. payment
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Appliances
- Included: Dishwasher, Dryer, Freezer, Microwave, Range / Oven, Refrigerator, Washer
Features
- Flooring: Carpet, Hardwood
- Basement: None
- Has fireplace: Yes
Interior area
- Total interior livable area: 1,860 sqft
Property
Parking
- Parking features: Garage - Attached
Lot
- Size: 7.24 Acres
Details
- Parcel number: 2223227048
Construction
Type & style
- Home type: Condo
Condition
- Year built: 2004
Community & HOA
HOA
- Has HOA: Yes
- HOA fee: $240 monthly
Location
- Region: Novi
Financial & listing details
- Price per square foot: $188/sqft
- Tax assessed value: $282,440
Price history
| Date | Event | Price |
|---|---|---|
| 8/25/2025 | Sold | $350,000+11.1%$188/sqft |
Source: Public Record Report a problem | ||
| 9/15/2022 | Sold | $315,000+152%$169/sqft |
Source: Public Record Report a problem | ||
| 6/10/2009 | Sold | $125,000-54.2%$67/sqft |
Source: Public Record Report a problem | ||
| 3/16/2004 | Sold | $273,000$147/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $141,220 +4.3% |
| 2023 | -- | $135,350 +2.7% |
| 2022 | -- | $131,800 +4.8% |
| 2021 | -- | $125,750 +2.5% |
| 2020 | -- | $122,700 +3.7% |
| 2019 | -- | $118,300 +62.1% |
| 2015 | -- | $73,000 +1.8% |
| 2014 | -- | $71,700 -17.4% |
| 2011 | -- | $86,800 -31% |
| 2010 | -- | $125,800 |
| 2009 | -- | $125,800 |
Find assessor info on the county website
Neighborhood: 48375
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Nearby schools
GreatSchools rating
- 9/10Orchard Hills Elementary SchoolGrades: K-4Distance: 0.9 mi
- 8/10Novi High SchoolGrades: 8-12Distance: 1.9 mi
- 9/10Novi Meadows SchoolGrades: PK,5-7Distance: 2 mi
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Estimated market value
$359,100
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$359,100
- Michigan
- Oakland County
- Novi
- 48375
- 41643 Tera Ln Unit 1
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