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Price: $215,000 41638 Tera Ln, Novi MI 48375 MLS® #: 219045038

  • 2 Beds
  • 2 Bath
  • 1,248 SqFt
  • $172.28 / SqFt
  • Year Built: 2003

Description of 41638 Tera Ln, Novi

Great Opportunity to Live in Gateway Village Condominiums! This unit has been freshly painted using a neutral palette. Features include a hardwood floor entry, east-facing Bay Window, Gas Fireplace with a custom-built mantle, crown molding, decorative Wainscotting in the Dining Room, ceiling fans, and a wine storage cabinet in the Kitchen. The finished lower level Family room could be converted into a Master Bedroom suite. There's also a full bath, large closet and a slider door that leads out to the covered patio. The laundry area and an additional storage room is located near the direct access to the garage. All appliances stay. Great location near parks, entertainment, restaurants, shopping, major freeways and interchanges. Make an appointment to see this unit today!

About this Property

This 2 bedroom condo is located in the Gateway Village Of Novi Occpn 1430 neighborhood at 41638 Tera Ln, Novi Mi 48375. This $215,000 property has approximately 1,804 square feet and was built in 2003. This condo is located in the Novi school district. Properties located in the Novi district have an average price per square foot of $178/SqFt. Houses with similar square footage range in price from $215,000 to $514,995 and have an average price per square foot of $192/SqFt. The average priced condo in 48375 with 2 bedrooms is $152,333. Depending on where you live in Novi your children and/or teenagers may go to the Novi school district, Northville school district, Walled Lake school district, or South Lyon school district. 41638 Tera Ln has property taxes in the amount of $3,508, which are assessed as non-homestead because the home is considered a second home for the owner and/or not occupied by the primary owner. The property taxes will be lowered if you purchase this property, occupy it as your primary residence and file the homestead exemption form.

Your Buyer Specialist, MARK Z

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Stats for Zipcode 48375 for last 4 Months

Average Listing Price Average $/sqft Average $/sqft Sold Average Listing/Sale ratio Number of Sold Homes
$414,692.35 $167.16 $108.72 177.53% 112

Essential Information

Lot Information

Appliances

Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove, Washing Machine

Exterior Features

Gazebo, Grounds Maintenance, Outside Lighting, Private Entry, Sprinkler(s)

Tax Description

T1N, R8E, SEC 23 OAKLAND COUNTY CONDOMINIUM PLAN NO 1430 GATEWAY VILLAGE OF NOVI UNIT 41, BLDG 2 L 25305 P 808 4-10-02 FR 226-041

Square Footage

  • Square Footage SourcePRD
  • Above Ground Finished1,248
  • Lower Finished556
  • Total Finished1804

Community Information

Interior

  • HeatingForced Air
  • CoolingCeiling Fans 2+, Central Air
  • FireplaceY
  • FireplacesGas, Living Room
  • Fuel TypeGas
  • Water Fuel TypeGas
  • FoundationBasement

Basement Description

Finished, Private, Walkout Access

Additional Information

  • Assessment73.44
  • HomesteadNo
  • Land ContractNo
  • Road FrontPaved, Private
  • OwnershipPrivate - Owned
  • Home WarrantyNO
  • Site DescriptionLevel

Floor Plan

Level
  • Master Bedroom 12 x 13 Entry
  • Bedroom 212 x 10 Entry
  • Dining Room10 x 12 Entry
  • Family Room13 x 14 Lower
  • Kitchen10 x 10 Entry
  • Living Room14 x 19 Entry
  • Laundry Room4 x 10 Lower

School Information

Subdivision

GATEWAY VILLAGE OF NOVI OCCPN 1430

Interior Features

Cable Available, High Spd Internet Avail, Humidifier

Exterior

  • ExteriorBrick, Vinyl
  • SewerSewer-Sanitary
  • Water SourceMunicipal Water
  • Porch TypePatio, Porch - Covered

Directions

From Meadowbrook Rd., W on Hamlet to end of street, Bldg. #2 (on left)

Parking Information

  • Garage Feature1 Assigned Space, Attached, Basement Access, Direct Access, Door Opener, Electricity
  • # of Garages1
  • Garages1 Car

Listing Office

Coldwell Banker Weir Manuel-Commerce

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