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7872 Lovegrass Ter

New Kent, VA 23124

4 bd 3 ba 2,527 sqft Built 2021 single_family
Most recent sale
$434,990
Feb 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 28, 2022 Sold $434,990 MLS #2131522
Jan 27, 2022 Price changed $434,990 MLS #2131522
Nov 7, 2021 Price changed $421,990 MLS #2131522
Nov 4, 2021 Price changed $424,990 MLS #2131522
Oct 14, 2021 Listed $421,990 MLS #2131522
Jul 8, 2021 Sold $642,281 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $370,400 $94,600 $465,000 $2,790
2024 $370,400 $94,600 $465,000 $2,743
2023 $339,900 $87,300 $427,200 $2,862
2022 $287,800 $87,300 $375,100 $584
2021 $63,700 $63,700 $503
2020 $63,700 $63,700 $2,678

Property facts

Year built
2021
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,527 sqft
Lot size
ZIP code
23124
City
New Kent
Street
Lovegrass Ter
Coordinates
37.51765, -77.08575

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
$3,791
Gross rental yield
10.46%
Implied cap rate
6.80%
Trend-extrapolated value

Frequently asked questions

When did 7872 Lovegrass Ter last sell?
7872 Lovegrass Ter most recently sold on Feb 28, 2022 for $434,990.
What is the current tax assessment for 7872 Lovegrass Ter?
The most recent total assessment for 7872 Lovegrass Ter (year 2025) is $465,000 with $2,790 in property tax.
How does 7872 Lovegrass Ter's assessment compare to its last sale price?
The current assessment is 6.9% above the last sale price of $434,990.
When was 7872 Lovegrass Ter built?
7872 Lovegrass Ter was built in 2021.
How does 7872 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 7872 Lovegrass Ter?
7872 Lovegrass Ter is a 4 bed, 3 bath, 2,527 sqft single_family.
Is 7872 Lovegrass Ter a flip candidate?
No — 7872 Lovegrass Ter does not appear in our flips dataset.
Is 7872 Lovegrass Ter a tax-appeal candidate?
No — 7872 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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