7861 Lovegrass Ter
New Kent, VA 23124
5 bd 3 ba 3,052 sqft Built 2021 single_family
Most recent sale
$451,990
Dec 29, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Dec 29, 2021 | Sold | $451,990 | MLS #2129811 |
| Oct 14, 2021 | Price changed | $451,990 | MLS #2129811 |
| Oct 13, 2021 | Price changed | $451,990 | MLS #443-44308-443100000-0030 |
| Oct 11, 2021 | Price changed | $441,990 | MLS #2129811 |
| Oct 1, 2021 | Price changed | $448,990 | MLS #443-44308-443100000-0030 |
| Sep 30, 2021 | Listed | $438,990 | MLS #443-44308-443100000-0030 |
| Sep 28, 2021 | Listed | $438,990 | MLS #2129811 |
| Jun 9, 2021 | Sold | $720,925 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $383,100 | $98,800 | $481,900 | $2,891 |
| 2024 | $383,100 | $98,800 | $481,900 | $2,833 |
| 2023 | $368,100 | $91,100 | $459,200 | $3,076 |
| 2022 | $361,800 | $91,100 | $452,900 | $3,034 |
| 2021 | — | $66,500 | $66,500 | $525 |
| 2020 | — | $66,500 | $66,500 | $2,700 |
Property facts
Year built
2021
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
37.51712, -77.08603
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,578
Gross rental yield
12.15%
Implied cap rate
7.90%
Trend-extrapolated value
—
Frequently asked questions
When did 7861 Lovegrass Ter last sell?
7861 Lovegrass Ter most recently sold on Dec 29, 2021 for $451,990.
What is the current tax assessment for 7861 Lovegrass Ter?
The most recent total assessment for 7861 Lovegrass Ter (year 2025) is $481,900 with $2,891 in property tax.
How does 7861 Lovegrass Ter's assessment compare to its last sale price?
The current assessment is 6.6% above the last sale price of $451,990.
When was 7861 Lovegrass Ter built?
7861 Lovegrass Ter was built in 2021.
How does 7861 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 7861 Lovegrass Ter?
7861 Lovegrass Ter is a 5 bed, 3 bath, 3,052 sqft single_family.
Is 7861 Lovegrass Ter a flip candidate?
No — 7861 Lovegrass Ter does not appear in our flips dataset.
Is 7861 Lovegrass Ter a tax-appeal candidate?
No — 7861 Lovegrass Ter is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.2%
Implied 1-yr
-0.8%
2026 Q3
$417.7K
2026 Q4
$416.9K
ZIP 23124 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Lovegrass Ter