NOT LISTED FOR SALE

7864 Lovegrass Terrace New Kent, VA 23124

Estimated Value: $482,000 - $535,000

5 Beds
3 Baths
3,124 Sq Ft
$159/Sq Ft Est. Value

Last Sold December 01, 2023

Last sale price $460,000 $147 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,070/month

90 Days on Market

Highlights

  • Outdoor Pool
  • Deck
  • Separate Formal Living Room
  • Craftsman Architecture
  • Main Floor Bedroom
  • 2 Car Direct Access Garage

About This Home

As of December 2023

Welcome to this stunning, still newer 5 bedroom, 3 full bath, over 3,000 sqft home w/partially finished basement located in The Arbors. Main level features a flex room adjacent to the foyer, ideal for a formal dining room/home office. Kitchen offers the perfect space for entertaining w/an oversized island for extra seating, walk-in pantry, ample cabinetry, opening to the dining area and a spacious living room. A bedroom with a full bathroom completes the main level. The owner’s suite on the second level offers a luxurious owner’s bath with a soaking garden tub and separate shower, private water closet, double vanity, and a large WIC. 3 additional bedrooms, full bathroom, walk-in laundry room and loft-style living room complete the second level. Need even more space? Walk downstairs to the basement where you have a spacious finished recreation room & rough-in for an additional bedroom and full bath. 2-car garage w/direct entry & large back deck looking out into your park-like backyard. Located minutes from shopping/dining/vineyards & interstate access, this growing community offers bike & pedestrian paths, a playground, tot-lot, picnic & rec areas, and more to come!

Last Agent to Sell the Property

Chelsea Ferguson

1st Class Real Estate -Capital City Group License #0225209499 Listed on: 07/25/2023

1st Class Real Estate -Capital City Group

Last Buyer's Agent

Cindi Lucas

Keller Williams Realty License #0225231327

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,988

Year Built

  • Built in 2022

Lot Details

  • 8,538 Sq Ft Lot
  • Cul-De-Sac
  • Split Rail Fence
  • Back Yard Fenced

HOA Fees

  • $135 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Oversized Parking
  • Garage Door Opener
  • Driveway

Home Design

  • Craftsman Architecture
  • Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,124 Sq Ft Home
  • 3-Story Property
  • Window Treatments
  • Separate Formal Living Room
  • Partially Finished Basement
  • Interior Basement Entry

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Partially Carpeted
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms

Outdoor Features

  • Outdoor Pool
  • Deck
  • Rear Porch

Schools

  • G. W. Watkins Elementary School
  • New Kent Middle School
  • New Kent High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Water Heater

Listing and Financial Details

  • Tax Lot 35
  • Assessor Parcel Number 22A9 1 2 35

Community Details

Overview

  • Arbors Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,988

Year Built

Built in 2022

Lot Details

0

HOA Fees

$135 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2022
  • Property Attached Yn: No
  • Lot Size Acres: 0.196
  • Ownership: Individuals
  • Subdivision Name: Arbors
  • Architectural Style: Craftsman, Two Story
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Single Family Residence
  • General Property Information Below Grade Unfinished Area: 533.0
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Partially Carpeted, Vinyl
  • Basement: Interior Entry, Partially Finished
  • Appliances: Dishwasher, Electric Water Heater, Disposal, Microwave, Refrigerator
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Interior Amenities: Bedroom on Main Level, Separate/Formal Dining Room, Eat-in Kitchen, Pantry, Walk-In Closet(s), Window Treatments
  • Living Area: 3124.0
  • Stories: 3
  • Window Features: Window Treatments
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Roof: Shingle
  • Fencing: Back Yard, Fenced, Split Rail
  • Lot Features: Cul-De-Sac
  • Pool Features: Community, Pool
  • Waterfront: No
  • Construction Type: Drywall, Frame, Vinyl Siding
  • Exterior Features: Deck, Paved Driveway
  • Patio And Porch Features: Rear Porch, Deck
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Direct Access, Driveway, Garage, Garage Door Opener, Oversized, Paved

Utilities

  • Heating: Electric, Zoned
  • Cooling: Central Air, Zoned
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Home Owners Association
  • Association Fee: 135.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Clubhouse, Common Areas, Pool(s), Recreation Facilities, Road Maintenance

Schools

  • Middle Or Junior School: New Kent

Lot Info

  • Parcel Number: 22A9 1 2 35
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2988.0
  • Tax Lot: 35

MLS Schools

  • Elementary School: G. W. Watkins
  • High School: New Kent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2023
Closed on
Nov 28, 2023
Sold by
Seals Danny Ray and Armstrong Jacqueline R
Bought by
Moore Kira Anne and Wilson Caleb Todd
Seller's Agent
Chelsea Ferguson
1st Class Real Estate -Capital City Group
Buyer's Agent
Cindi Lucas
Keller Williams Realty
List Price
$474,750
Sold Price
$460,000
Premium/Discount to List
-$14,750
-3.11%
Views
136
Current Estimated Value
$497,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,786
Avg. Annual Appreciation
4.81%
Original Mortgage
$460,000
Interest Rate
7.63%
Mortgage Type
VA

Purchase Details

Listed on
Nov 7, 2021
Closed on
Mar 11, 2022
Sold by
Dr Horton Inc
Bought by
Armstrong Jacqueline R and Seals Danny Ray
Seller's Agent
Kathleen Cassidy
D R Horton Realty of Virginia,
Buyer's Agent
NON MLS USER MLS
NON MLS OFFICE
List Price
$451,990
Sold Price
$458,990
Premium/Discount to List
$7,000
1.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.13%
Original Mortgage
$364,015
Interest Rate
3.85%
Mortgage Type
VA

Purchase Details

Closed on
Jul 6, 2021
Sold by
Kent Farms Holding Company Llc
Bought by
D R Horton Inc
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Moore Kira Anne $460,000 First American Title
Armstrong Jacqueline R $458,990 Dhi Title
D R Horton Inc $642,281 Premier Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moore Kira Anne $471,000
Closed Moore Kira Anne $460,000
Previous Owner Armstrong Jacqueline R $364,015
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2023 12/01/23 Sold $460,000 +2.2% $147 / Sq Ft
10/23/2023 10/23/23 Pending -- -- --
10/20/2023 10/20/23 Price Changed $449,950 -3.2% $144 / Sq Ft
09/23/2023 09/23/23 Price Changed $465,000 -2.1% $149 / Sq Ft
08/25/2023 08/25/23 Price Changed $474,750 0.0% $152 / Sq Ft
08/25/2023 08/25/23 For Sale $474,750 0.0% $152 / Sq Ft
08/13/2023 08/13/23 Pending -- -- --
08/02/2023 08/02/23 Price Changed $474,900 -3.1% $152 / Sq Ft
07/25/2023 07/25/23 For Sale $489,900 +6.7% $157 / Sq Ft
03/11/2022 03/11/22 Sold $458,990 0.0% $152 / Sq Ft
01/24/2022 01/24/22 Pending -- -- --
01/17/2022 01/17/22 Price Changed $458,990 +0.4% $152 / Sq Ft
01/11/2022 01/11/22 Price Changed $456,990 +0.7% $151 / Sq Ft
01/05/2022 01/05/22 Price Changed $453,990 +0.4% $150 / Sq Ft
12/08/2021 12/08/21 For Sale $451,990 0.0% $149 / Sq Ft
11/23/2021 11/23/21 Pending -- -- --
11/12/2021 11/12/21 Price Changed $451,990 +0.7% $149 / Sq Ft
11/07/2021 11/07/21 For Sale $448,990 -- $148 / Sq Ft
Source: Central Virginia Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,681 $454,400 $89,300 $365,100
2023 $2,988 $445,900 $78,400 $367,500
2022 $525 $442,300 $78,400 $363,900
2021 $452 $57,200 $57,200 $0
2020 $2,627 $57,200 $57,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2317899

Central Virginia Regional MLS

APN: 22A9 1 2 35