41633 Tera Ln, Novi, MI 48375 Property Records

Oakland County property record for 41633 Tera Ln, Novi, MI 48375

Property Summary

Property Type	Condominium
Details	3 bd · 2.5 ba · 1,860 sqft · built 2003
Lot Size	7.24 acres (315,566 sqft)
Owner	2 Individual Names on File
Last Sale	$345,000 (Oct 2026)
Tax Bill	$4,364 (2025)
Deeds & Mortgages	Oct 2026 Sale Sep 2026 Mortgage + 4 more
Flood Zone	Zone X (minimal risk)
APN	`50-22-23-227-054`

Property Details

APN / Parcel Number

Primary APN	`50-22-23-227-054`

Interior

Bedrooms	3 Beds
Full Baths	2.5 Baths
Half Baths	1 Half Bath
Stories	2 Stories
Building Area	1,860 sqft Living Area
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 2003
Effective Year Built	Effective 2003
Architectural Style	Condo/Apartment
Lot Area	315,566 sqft (7.24 acres)
Parking Spaces	1 Parking Space

Utilities, Heating & Cooling

Heating System	Forced Air with A/C
Sewer	Municipal

Location & Zoning

Street Address	41633 TERA LN
City	NOVI
State	MI
Zip	48375-1867
Property Category	Residential
Property Type	Residential > Condominium / Townhouse > Condominium
Local Zoning Code	NCC
Legal Description	T1N, R8E, SEC 23 OAKLAND COUNTY CONDOMINIUM PLAN NO 1430 GATEWAY VILLAGE OFNOVI UNIT 54, BLDG 1 L 25305 P 808 4-10-02 FR
Legal Range	08E
Legal Township	01N
Legal Section	23
Legal Subdivision	OAKLAND COUNTY CONDOMINIUM
Legal Unit	54
Jurisdiction	OAKLAND MI
Township / Civil Division	NOVI
Census Block Group	5
Census Block	5012
Census Tract	136602

Owner

41633 Tera Ln, a condominium, is owned and occupied by two individuals who bought it in October 2026.

Source: Oakland County records, as of October 22, 2026

Owner of Record	2 Individual Names on File
Mailing Address	23809 PHEASANT RUN, NOVI, MI 48375-3350
Occupancy	Owner Occupied
Owner Type	Individual
Vesting	Husband and Wife

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Date	Document
Oct 15, 2026	Warranty Deed, Transfer REPUTATION FIRST TITLE AGENCY, REPUTATION FIRST TITLE
Sep 17, 2026	Deed of Trust, Mortgage · Conventional Mortgage SISTAR MORTGAGE COMPANY
Jul 1, 2022	Warranty Deed, Transfer · Conventional Mortgage CROSSCOUNTRY MORTGAGE LLC
Aug 21, 2020	Deed of Trust, Mortgage · Conventional Mortgage MERCANTILE BANK OF MICHIGAN
Aug 19, 2020	Warranty Deed, Transfer PARAMOUNT TITLE AGENCY LLC, PARAMOUNT TITLE AGCY LLC
Jul 30, 2018	Warranty Deed, Transfer · Conventional with PMI CALIBER HM LOANS

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Oct 15, 2026 · Amount on File
Deed Sale	Oct 15, 2026 · Amount on File
Prior Sale	Jul 1, 2022 · Amount on File
Deed Document Number	2026152389
Deed Book / Page	61639 / 611
Record Updated	Oct 29, 2026

October 2026: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	OAKLAND MI
Recording Date	Oct 15, 2026
Property Address	41633 TERA LN, NOVI, MI 48375-1867
Document Number	0000152389
Book / Page	61639 / 611
Instrument Date	Sep 11, 2026
Instrument	2026152389
Transaction Type	Transfer
Record Updated	Oct 22, 2026
Title Company	REPUTATION FIRST TITLE AGENCY, REPUTATION FIRST TITLE

Transaction

Amount	Amount on Record
Tax	$261,337.50
Amount Accuracy	Calculated from Transfer Tax
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name

September 2026: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	OAKLAND MI
Recording Date	Sep 17, 2026
Property Address	41633 TERA LN, NOVI, MI 48375-1867
Document Number	0000138191
Book / Page	61556 / 778
Instrument Date	Sep 11, 2026
Instrument	2026138191
Transaction Type	Mortgage
Record Updated	Sep 25, 2026
Title Company	NONE LISTED ON DOCUMENT

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	41633 TERA LN, NOVI, MI 48375-1867

Mortgage

Document Number	0000138191,
Date	Sep 17, 2026
Book Page	61556/778
Instrument	2026138191

Lender

Name	SISTAR MORTGAGE COMPANY

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	360 Months
Due	Oct 1, 2056

Interest

Rate Type	Fixed Rate
Initial Type	Fixed Rate
Max Rate	-1%

July 2022: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	OAKLAND MI
Recording Date	Jul 1, 2022
Property Address	41633 TERA LN, NOVI, MI 48375-1867
Document Number	0000408671
Book / Page	57920 / 121
Map Reference	LB 25305 PG 808
Instrument Date	May 25, 2022
Instrument	408671
Transaction Type	Transfer
Record Updated	Sep 1, 2022
Title Company	FIRST AMERICAN TITLE, FIRST AMERICAN MORTGAGE SLN

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$1,987.50
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	41633 TERA LN, 41633, NOVI, MI 48375-1867

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	23280 SAGEBRUSH, NOVI, MI 48375-4171

Mortgage

Document Number	0057920123
Date	Jul 1, 2022
Instrument	57920/123

Lender

Name	CROSSCOUNTRY MORTGAGE LLC
Type	Mortgage Company

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	359 Months
Due	Jun 1, 2052

August 2020: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	OAKLAND MI
Property Address	41633 TERA LN, NOVI, MI 48375-1867
Transaction Type	Mortgage
Record Updated	Feb 5, 2021

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	23090 HALSTED RD 105, 105, FARMINGTON HILLS, MI 48335-3747

Mortgage

Document Number	0000167530
Date	Aug 21, 2020
Book Page	54697/175
Instrument	167530

Lender

Name	MERCANTILE BANK OF MICHIGAN
Type	Bank
Address	GRAND RAPIDS, MI 49504

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	241 Months
Due	Sep 1, 2040

August 2020: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	OAKLAND MI
Recording Date	Aug 19, 2020
Property Address	41633 TERA LN, NOVI, MI 48375-1867
Document Number	0000165455
Book / Page	054682 / 000893
Instrument Date	Aug 14, 2020
Instrument	165455
Transaction Type	Transfer
Record Updated	Sep 10, 2020
Title Company	PARAMOUNT TITLE AGENCY LLC, PARAMOUNT TITLE AGCY LLC

Transaction

Amount	Amount on Record
Tax	$2,262.00
Amount Accuracy	Confirmed
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	41633 TERA LN NOVI MI 483751867, NOVI, MI 48375-1867

July 2018: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	OAKLAND MI
Recording Date	Jul 30, 2018
Property Address	41633 TERA LN, NOVI, MI 48375-1867
Document Number	0000125934
Book / Page	052040 / 000795
Instrument Date	Jul 24, 2018
Instrument	125934
Transaction Type	Transfer
Record Updated	Sep 11, 2018
Title Company	TITLE ONE

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$2,107.00
Amount Accuracy	Confirmed
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	42872 POTOMAC NOVI MI 483751770, NOVI, MI 48375-1770

Mortgage

Document Number	125935
Date	Jul 30, 2018
Book Page	052040/000798
Instrument	125935

Lender

Name	CALIBER HM LOANS
Type	Funding / Finance Company
Address	IRVING, TX 75063

Agreement

Type	Conventional with PMI
Amount	Amount on Record
Term	180 Months
Due	Jul 29, 2033

Tax Assessment & Valuation

The 2025 property tax bill for 41633 Tera Ln was $4,364 with a homeowner's exemption.

Source: Oakland County assessment roll, as of January 21, 2026

Property Jurisdictions

Type	Name
State	Michigan
County	Oakland County
Municipality	Novi City
Unified School District	Novi Community School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$4,364.00
2023	$4,964.00 (+6.48%) Homeowner's exemption	$134,950	$269,900
2022	$4,662.00

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

Flood

FEMA maps place 41633 Tera Ln in Zone X, an area of minimal flood risk.

Source: FEMA National Flood Hazard Layer, effective December 8, 2024

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

The area around 41633 Tera Ln has no burnable land within ember reach, so its wildfire risk is not rated.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Not rated no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	CITY OF NOVI serves 56,780 people · EPA ID MI0004870
Water Source	Purchased surface water from GREAT LAKES WATER AUTHORITY
Last State Inspection	Oct 2025
Lead	Under 1 ppb (2025) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. The service area is an EPA estimate; the actual supplier may differ.

Internet Providers

Source: FCC Broadband Data Collection, based on 162 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Spectrum Cable · Fiber in parts of the area	1,000 / 1,000
Verizon Fixed Wireless	300 / 20
T-Mobile Fixed Wireless	100 / 20

May also be available: AT&T, Xfinity.

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