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7724 Lovegrass Ter

New Kent, VA 23124

5 bd 3 ba 3,052 sqft Built 2022 single_family
Most recent sale
$489,990
Sep 23, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 7, 2024 Listing removed $2,700 Williamsburg
Sep 18, 2024 Price changed for rent $2,700 Williamsburg
Sep 9, 2024 Price changed for rent $2,800 Williamsburg
Jul 19, 2024 Listed for rent $2,950 Williamsburg
Jun 6, 2024 Listed $520,000 CVRMLS
Sep 23, 2022 Sold $489,990 MLS #2212065
Jul 15, 2022 Price changed $489,990 MLS #443-44308-443100000-0049
Jul 13, 2022 Price changed $489,990 MLS #2212065
Jun 23, 2022 Listed $493,990 MLS #443-44308-443100000-0049
Jun 23, 2022 Price changed $493,890 MLS #2212065
Jun 20, 2022 Price changed $493,990 MLS #2212065
May 5, 2022 Listed $503,990 MLS #2212065
Nov 15, 2021 Sold $258,000 Public Record
Aug 4, 2021 Sold $643,639 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $422,400 $79,800 $502,200 $3,013
2024 $422,400 $79,800 $502,200 $2,962
2023 $373,500 $73,600 $447,100 $2,995
2022 $73,600 $73,600 $493
2021 $53,700 $53,700 $424
2020 $53,700 $53,700 $2,599

Property facts

Year built
2022
Property type
single_family
Stories
3
Beds
5
Baths
3
Living area
3,052 sqft
Lot size
ZIP code
23124
City
New Kent
Street
Lovegrass Ter
Coordinates
37.51609, -77.08822

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,578
Gross rental yield
11.21%
Implied cap rate
7.29%
Trend-extrapolated value

Frequently asked questions

When did 7724 Lovegrass Ter last sell?
7724 Lovegrass Ter most recently sold on Sep 23, 2022 for $489,990.
What is the current tax assessment for 7724 Lovegrass Ter?
The most recent total assessment for 7724 Lovegrass Ter (year 2025) is $502,200 with $3,013 in property tax.
How does 7724 Lovegrass Ter's assessment compare to its last sale price?
The current assessment is 2.5% above the last sale price of $489,990.
When was 7724 Lovegrass Ter built?
7724 Lovegrass Ter was built in 2022.
How does 7724 Lovegrass Ter compare to others on Lovegrass Ter?
We track 8 other properties on Lovegrass Ter. Browse the list under "Other properties on Lovegrass Ter" to compare beds, baths, and sale history.
What are the property facts for 7724 Lovegrass Ter?
7724 Lovegrass Ter is a 5 bed, 3 bath, 3,052 sqft single_family.
Is 7724 Lovegrass Ter a flip candidate?
Yes — 7724 Lovegrass Ter appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 7724 Lovegrass Ter a tax-appeal candidate?
No — 7724 Lovegrass 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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