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7231 Cress Ter

New Kent, VA 23124

4 bd 2 ba 1,826 sqft Built 2021 single_family
Most recent sale
$374,900
Jan 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 27, 2022 Sold $374,900 MLS #2136158
Dec 23, 2021 Price changed $369,900 MLS #2136158
Dec 15, 2021 Listed $379,900 MLS #2136158
Jun 10, 2021 Sold $338,560 MLS #2104043
Nov 6, 2020 Sold $708,758 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $310,900 $82,400 $393,300 $2,359
2024 $310,900 $82,400 $393,300 $2,320
2023 $262,100 $75,900 $338,000 $2,264
2022 $262,100 $75,900 $338,000 $2,264
2021 $61,400 $61,400 $485
2020 $61,400 $61,400 $2,660

Property facts

Year built
2021
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
1,826 sqft
Lot size
ZIP code
23124
City
New Kent
Street
Cress Ter
Coordinates
37.51298, -77.08428

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,739
Gross rental yield
8.77%
Implied cap rate
5.70%
Trend-extrapolated value

Frequently asked questions

When did 7231 Cress Ter last sell?
7231 Cress Ter most recently sold on Jan 27, 2022 for $374,900.
What is the current tax assessment for 7231 Cress Ter?
The most recent total assessment for 7231 Cress Ter (year 2025) is $393,300 with $2,359 in property tax.
How does 7231 Cress Ter's assessment compare to its last sale price?
The current assessment is 4.9% above the last sale price of $374,900.
When was 7231 Cress Ter built?
7231 Cress Ter was built in 2021.
How does 7231 Cress Ter compare to others on Cress Ter?
We track 8 other properties on Cress Ter. Browse the list under "Other properties on Cress Ter" to compare beds, baths, and sale history.
What are the property facts for 7231 Cress Ter?
7231 Cress Ter is a 4 bed, 2 bath, 1,826 sqft single_family.
Is 7231 Cress Ter a flip candidate?
No — 7231 Cress Ter does not appear in our flips dataset.
Is 7231 Cress Ter a tax-appeal candidate?
No — 7231 Cress Ter is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.2%
Implied 1-yr
-0.8%
2026 Q3
$417.7K
2026 Q4
$416.9K
ZIP 23124 — Median Price History + Forecast

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