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7873 Lovegrass Ter

New Kent, VA 23124

4 bd 3 ba 2,527 sqft Built 2021 single_family
Most recent sale
$421,990
Dec 30, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 30, 2021 Sold $421,990 MLS #2129869
Nov 3, 2021 Price changed $424,990 MLS #443-44308-443100000-0031
Oct 12, 2021 Price changed $421,990 MLS #443-44308-443100000-0031
Oct 11, 2021 Price changed $421,990 MLS #2129869
Sep 29, 2021 Listed $418,990 MLS #443-44308-443100000-0031
Sep 28, 2021 Listed $418,990 MLS #2129869
Jul 8, 2021 Sold $642,281 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $382,800 $88,900 $471,700 $2,830
2024 $382,800 $88,900 $471,700 $2,783
2023 $347,300 $81,900 $429,200 $2,875
2022 $335,800 $81,900 $417,700 $2,798
2021 $59,800 $59,800 $472
2020 $59,800 $59,800 $2,647

Property facts

Year built
2021
Property type
single_family
Stories
3
Beds
4
Baths
3
Living area
2,527 sqft
Lot size
ZIP code
23124
City
New Kent
Street
Lovegrass Ter
Coordinates
37.51707, -77.08564

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
10.78%
Implied cap rate
7.01%
Trend-extrapolated value

Frequently asked questions

When did 7873 Lovegrass Ter last sell?
7873 Lovegrass Ter most recently sold on Dec 30, 2021 for $421,990.
What is the current tax assessment for 7873 Lovegrass Ter?
The most recent total assessment for 7873 Lovegrass Ter (year 2025) is $471,700 with $2,830 in property tax.
How does 7873 Lovegrass Ter's assessment compare to its last sale price?
The current assessment is 11.8% above the last sale price of $421,990.
When was 7873 Lovegrass Ter built?
7873 Lovegrass Ter was built in 2021.
How does 7873 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 7873 Lovegrass Ter?
7873 Lovegrass Ter is a 4 bed, 3 bath, 2,527 sqft single_family.
Is 7873 Lovegrass Ter a flip candidate?
No — 7873 Lovegrass Ter does not appear in our flips dataset.
Is 7873 Lovegrass Ter a tax-appeal candidate?
No — 7873 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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