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7875 Lovegrass Ter

New Kent, VA 23124

5 bd 3 ba 3,052 sqft Built 2021 single_family
Most recent sale
$450,990
Feb 11, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 11, 2022 Sold $450,990 MLS #2131547
Dec 7, 2021 Price changed $450,990 MLS #2131547
Nov 23, 2021 Price changed $450,990 MLS #443-44308-443100000-0032
Nov 19, 2021 Listed $447,990 MLS #443-44308-443100000-0032
Nov 12, 2021 Price changed $447,990 MLS #2131547
Nov 7, 2021 Price changed $444,990 MLS #2131547
Oct 14, 2021 Listed $441,990 MLS #2131547
Jul 8, 2021 Sold $642,281 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $380,200 $88,700 $468,900 $2,813
2024 $380,200 $88,700 $468,900 $2,766
2023 $363,600 $81,800 $445,400 $2,984
2022 $359,300 $81,800 $441,100 $548
2021 $59,700 $59,700 $471
2020 $59,700 $59,700 $2,646

Property facts

Year built
2021
Property type
single_family
Stories
2
Beds
5
Baths
3
Living area
3,052 sqft
Lot size
ZIP code
23124
City
New Kent
Street
Lovegrass Ter
Coordinates
37.51725, -77.08548

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
$4,578
Gross rental yield
12.18%
Implied cap rate
7.92%
Trend-extrapolated value

Frequently asked questions

When did 7875 Lovegrass Ter last sell?
7875 Lovegrass Ter most recently sold on Feb 11, 2022 for $450,990.
What is the current tax assessment for 7875 Lovegrass Ter?
The most recent total assessment for 7875 Lovegrass Ter (year 2025) is $468,900 with $2,813 in property tax.
How does 7875 Lovegrass Ter's assessment compare to its last sale price?
The current assessment is 4.0% above the last sale price of $450,990.
When was 7875 Lovegrass Ter built?
7875 Lovegrass Ter was built in 2021.
How does 7875 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 7875 Lovegrass Ter?
7875 Lovegrass Ter is a 5 bed, 3 bath, 3,052 sqft single_family.
Is 7875 Lovegrass Ter a flip candidate?
No — 7875 Lovegrass Ter does not appear in our flips dataset.
Is 7875 Lovegrass Ter a tax-appeal candidate?
No — 7875 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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