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41641 Tera Ln, Novi, MI 48375 Property Records

Oakland County property record for 41641 Tera Ln, Novi, MI 48375

Property Summary

Property TypeCondominium
Details2 bd · 2.5 ba · 1,838 sqft · built 2003
Lot Size7.24 acres (315,567 sqft)
Owner2 Individual Names on File
Last Sale$340,000 (Apr 2024)
Tax Bill$4,192 (2025)
Deeds & MortgagesApr 2024 Sale & Mortgage
Flood ZoneZone X (minimal risk)
APN50-22-23-227-050

Property Details

APN / Parcel Number

Primary APN50-22-23-227-050

Interior

Bedrooms2 Beds
Full Baths2.5 Baths
Half Baths1 Half Bath
Stories2 Stories
Building Area1,838 sqft Living Area
Fireplaces1 Fireplace
FireplaceFireplace

Exterior

Year BuiltBuilt 2003
Effective Year BuiltEffective 2003
Architectural StyleCondo/Apartment
Lot Area315,567 sqft (7.24 acres)
Parking Spaces1 Parking Space

Utilities, Heating & Cooling

Cooling SystemHVAC
Heating SystemForced Air with A/C
SewerMunicipal

Location & Zoning

Street Address41641 TERA LN
CityNOVI
StateMI
Zip48375-1867
Property CategoryResidential
Property TypeResidential > Condominium / Townhouse > Condominium
Local Zoning CodeNCC
Legal DescriptionT1N, R8E, SEC 23 OAKLAND COUNTY CONDOMINIUM PLAN NO 1430 GATEWAY VILLAGE OFNOVI UNIT 50, BLDG 1 L 25305 P 808 4-10-02 FR
Legal Range08E
Legal Township01N
Legal Section23
Legal SubdivisionOAKLAND COUNTY CONDOMINIUM
Legal Unit50
JurisdictionOAKLAND MI
Township / Civil DivisionNOVI
Census Block Group5
Census Block5012
Census Tract136602

Owner

41641 Tera Ln, a condominium, is owned and occupied by two individuals who bought it in April 2024.

Source: Oakland County records, as of August 12, 2026

Owner of Record2 Individual Names on File
Mailing Address28395 CLYMER DR, NOVI, MI 48377-2588
OccupancyOwner Occupied
Owner TypeIndividual
VestingHusband 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

Assessor's Deed Record

Deed Names2 Names on Deed
Last SaleApr 15, 2024 · Amount on File
Deed SaleApr 15, 2024 · Amount on File
Prior SaleOct 24, 2012 · Amount on File
Deed Document Number202441237
Deed Book / Page59287 / 416
Prior Transfer DateFeb 24, 2016
Prior Transfer Doc0000080960
Record UpdatedSep 20, 2026

April 2024: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionOAKLAND MI
Recording DateApr 15, 2024
Property Address41641 TERA LN, NOVI, MI 48375-1867
Document Number0000041237
Book / Page59287 / 416
Map ReferenceLB 25305 PG 808-882
Instrument DateMar 28, 2024
Instrument41237
Transaction TypeTransfer
Record UpdatedMay 1, 2024

Transaction

AmountAmount on Record
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$2,550.00
Amount AccuracyFull Amount Stated
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name
Address41641 TERA LN, NOVI, MI 48375-1867

Transferred To (Grantee/Buyer)

NameVerified Name
Address41641 TERA LN, NOVI, MI 48375-1867

Mortgage

Document Number0000032476
DateApr 3, 2024
Book Page59260/691
Instrument32476
Lender
NameVEMA MORTGAGE LLC
TypeMortgage Company
AddressTROY, MI 48084
Agreement
TypeConventional Mortgage
AmountAmount on Record
Term360 Months
DueApr 1, 2054

Tax Assessment & Valuation

The 2025 property tax bill for 41641 Tera Ln was $4,192 with a homeowner's exemption.

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

Property Jurisdictions

TypeName
StateMichigan
CountyOakland County
MunicipalityNovi City
Unified School DistrictNovi Community School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$4,192.00
2023$3,041.00 (+8.88%) Homeowner's exemption$127,630$255,260
2022$2,793.00

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 41641 Tera Ln in Zone X, an area of minimal flood risk.

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

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it

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

Wildfire

The area around 41641 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 RiskNot 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 SystemCITY OF NOVI
serves 56,780 people · EPA ID MI0004870
Water SourcePurchased surface water from GREAT LAKES WATER AUTHORITY
Last State InspectionOct 2025
LeadUnder 1 ppb (2025)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
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

ProviderMax 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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