3114 Taylor Ave · West Point, VA 23181

$260,000

3 bd · 2.5 ba · 1,520 sqft · Townhouse public records · 18 Days on market

Built 2013 Est $286k · 9% under

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Why this score? — see what drove the C- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +18.2/30.0
• ARV discount +11.6/15.0
• Schools +6.1/10.0
• DSCR +5.7/10.0
• Livability +3.8/5.0
• 1% rule +3.5/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to this end-unit townhouse in the West Point School District with NO HOA! This 2-story townhouse features hardwood floors throughout the first floor, open concept living room and dining room, eat-in kitchen with recessed lighting, and master bedroom with double closet and full master bath. Two additional bedrooms and 1.5 additional bathrooms provide plenty of space for the entire family. The exterior features a rear deck and privacy fenced backyard fully enclosed. Don't miss an opportunity to own this one. It won't last long!

Key facts

• Meticulous lawn
• Wood floor
• Spacious floor plan

Tags

• WOOD FLOOR
• SPACIOUS FLOOR PLAN
• METICULOUS LAWN
• BACK DECK

Property features AI

Finance

• HOA & community: No HOA or POA fees listed

Exterior

• Parking: Off-street parking for 2 vehicles
• Utilities: City/County water; City/County sewer; Electric service
• Home design: Attached townhouse; End unit; 2 stories; Crawlspace foundation
• Construction: Vinyl siding; Asphalt shingle roof
• Exterior features: Deck; Back privacy fence

Interior

• Kitchen: Dishwasher; Disposal; Microwave; Electric range; Refrigerator; Pantry
• Bedrooms: Master bedroom; Additional bedroom
• Flooring: Carpet; Vinyl; Wood
• Bathrooms: 2 full bathrooms; 1 half bathroom
• Heating & cooling: Heat pump and electric heating; Central air conditioning; Electric water heater
• Interior features: Window treatments; Carpet, vinyl and wood flooring; 7 total rooms including living room, great room, dining room, family room and kitchen; Pantry
• Laundry & utility: Washer; Dryer; Utility room

What this means for you Summary

Snapshot

• This is a 3-bed/2.5-bath townhouse listed at $260k.

Deal economics

• At list price, monthly cash flow is $231 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $222k (14.7% below list).
• Recommended offer: $222k (14.7% below list) — sets the bar for 1% rule.
• Cap rate 7.4% vs local median 3.4% in West Point — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 76/100 on livability (#111 in VA, #3,458 nationally) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, housing A+; Watch: amenities F, commute F.
• West Point Public School District (town): math 63% / reading 80% proficiency, ranked #17 of 131 in VA (top 13%) — strong family-tenant draw, lease renewals of 3-5y typical.
• Zoned schools: West Point Elementary (math 72% / reading 82%, grade A, #171 of 1,108 statewide, top 17%, 370 students, 40% FRL); West Point Middle/High (math 57% / reading 80%, grade B, #178 of 319 statewide, top 56%, 440 students, 34% FRL).
• Market conditions: 63 active listings in the ZIP; 129 units permitted in King William County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $8k of value loss. Plan a longer hold.

Negotiation context

• It's been on market 18 days — a 2% lower offer ($256k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 14y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $145k; list at $260k implies a 79% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 63% chance of damaging wind over 30y; extreme-heat days projected 7→17/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $221,800 (14.7% below list)

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
3. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
4. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
5. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.85% ✗
• Cap rate: 7.36%
• Cash-on-cash: 3.81%
• DSCR: 1.17
• GRM: 9.8

CMA / ARV

• ARV (on-the-fly): $285,760
• Comps found: 2

Show comp detail 2 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3109 Taylor Ave	0.03mi	3/2.5	1,360 (-10%)	2mo	$255,000	$188	80
210 Patriots Village Ct #210	0.75mi	3/2.5	1,580 (+4%)	14mo	$295,000	$187	47

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -10.4%
• Equity multiple: 0.62×
• Total profit: $-27,562
• Equity at exit: $38,767

10-year hold

• IRR: -1.1%
• Equity multiple: 0.92×
• Total profit: $-5,617
• Equity at exit: $22,480

Cash invested: $72,800 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 55 Moderately Landlord-Leaning
• State Virginia: 55 Moderately Landlord-Leaning · D+2
• County: — inherits STATE
• City: — inherits STATE

VRLTA gives some tenant protections; Northern Virginia courts slower; rural VA landlord-leaning.

Methodology + full state rankings →

ZIP-level market 23181

• Home prices YoY: -29.9%
• Active inventory: 63
• Price-to-rent: 9.8×

Monthly cashflow live

• Estimated rent: $2,218 medium
• Mortgage (P&I): −$1,363
• Tax from tax record: −$50 /mo · $594/yr
• Insurance: −$108
• HOA: −$0
• Vacancy / Maint / Mgmt: −$466
• Net cashflow: $231

Break-even live

Break-even rent $1,926

Max offer price $260,000

Occupancy floor 85%

Sensitivity live

Price	-10% $378	-5% $304	+0% $231	+5% $157	+10% $84
Rent	-10% $56	-5% $143	+0% $231	+5% $318	+10% $406
Rate	-1.0pp $362	-0.5pp $297	base $231	+0.5pp $164	+1.0pp $95

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $65,000
• Closing costs: $7,800
• Reserves months: —
• Total cash needed: —

Listing history 16 events

1. 2026-06-08
   statusdays on market $260,000 Under Contract 18 DOM
2. 2026-06-08
   days on market $260,000 Active Under Contract 17 DOM
3. 2026-06-07
   days on market $260,000 Active Under Contract 16 DOM
4. 2026-06-03
   days on market $260,000 Active Under Contract 13 DOM
5. 2026-06-02
   days on market $260,000 Active Under Contract 12 DOM
6. 2026-06-01
   days on market $260,000 Active Under Contract 11 DOM
7. 2026-05-31
   days on market $260,000 Active Under Contract 10 DOM
8. 2026-05-21
   listed $260,000 Active
9. 2019-12-30
   soldstatus $145,000
10. 2019-12-23
    soldstatus $145,000 539-char remark

    Show marketing remark (539 chars)

    Welcome to this end-unit townhouse in the West Point School District with NO HOA! This 2-story townhouse features hardwood floors throughout the first floor, open concept living room and dining room, eat-in kitchen with recessed lighting, and master bedroom with double closet and full master bath. Two additional bedrooms and 1.5 additional bathrooms provide plenty of space for the entire family. The exterior features a rear deck and privacy fenced backyard fully enclosed. Don't miss an opportunity to own this one. It won't last long!

11. 2019-10-18
    listed $147,900 539-char remark

    Show marketing remark (539 chars)

    Welcome to this end-unit townhouse in the West Point School District with NO HOA! This 2-story townhouse features hardwood floors throughout the first floor, open concept living room and dining room, eat-in kitchen with recessed lighting, and master bedroom with double closet and full master bath. Two additional bedrooms and 1.5 additional bathrooms provide plenty of space for the entire family. The exterior features a rear deck and privacy fenced backyard fully enclosed. Don't miss an opportunity to own this one. It won't last long!

12. 2014-07-30
    soldstatus $131,000 357-char remark

    Show marketing remark (357 chars)

    Great Open Concept Floor Plan, All REAL hardwood Floors on First Floor, Powder Room, Kitchen includes Refrigerator, Dishwasher, Range, Pantry; Second Floor has Master Suite, 2 additional bedrooms, Full Baths, and Laundry w/ Washer & Dryer to Convey; Has Plantation Blinds, Storm Door & Privacy Fence in Back yard, Great Value for all the Extras!

13. 2014-03-11
    listed $131,000 357-char remark

    Show marketing remark (357 chars)

    Great Open Concept Floor Plan, All REAL hardwood Floors on First Floor, Powder Room, Kitchen includes Refrigerator, Dishwasher, Range, Pantry; Second Floor has Master Suite, 2 additional bedrooms, Full Baths, and Laundry w/ Washer & Dryer to Convey; Has Plantation Blinds, Storm Door & Privacy Fence in Back yard, Great Value for all the Extras!

14. 2013-03-22
    soldstatus $125,000
15. 2013-03-22
    soldstatus $131,000
16. 2012-05-03
    listed $124,900

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast VA · Resets to sale price

• Current annual tax: $594 · $50/mo
• Projected year-2 tax: $2,132 · $178/mo
• Expected delta: +$1,538/yr (+$128/mo · 258.6%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 9/10 Extreme 7 d/yr ≥111°F today · 17 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 63% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $26,616
• − Mortgage interest: −$14,564
• − Property taxes: −$594
• − Insurance: −$1,300
• − Repairs & maintenance: −$2,129
• − Management: −$2,129
• − Depreciation: −$7,564
• Taxable loss: −$1,665
• Est. tax savings @ 24.0%: +$400
• After-tax cash flow: $3,170/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: West Point Public School District
• NCES district ID: 5103950
• Math proficiency: 63% ▼ -30.00%
• Reading proficiency: 80% ▼ -12.00%
• Median HH income: $59,177
• Composite: 61.42/100
• National rank: #761
• State rank: #17 of 131 in VA

Livability — West Point

• Score: 76/100
• State rank: #111
• US rank: #3458

Category grades

Amenities F Commute F Cost of living B+ Crime A+ Employment A+ Housing A+ Health & safety A+ User ratings A

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: West Point, VA
• Population (ZIP): 5,386

Population outlook (King William County) Hauer SSP2

• Today (2025): 16,840 people
• By 2030: 16,990 · +0.9%
• By 2040: 16,965 · +0.7%
• By 2050: 16,483 · -2.1%
• By 2075: 15,292 · -9.2%
• By 2100: 12,764 · -24.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (79%)
• Race & ethnicity: White 79% Black 9% Two or more races 8% Hispanic / Latino 5% Native American 1%
• Hispanic origin (detail): Mexican 4%
• Common ancestry: Romanian 4% Lithuanian 2% Italian 2%
• Foreign-born: 2% · Canada
• Languages at home: 97% English-only · Spanish 2% Tagalog/Filipino 1%

Political lean MEDSL · King William

• 2024 margin: Solid R (+40.6) · D 29.3% · R 69.9%
• 2008→2024 swing: -21.2pp toward R · 2008: -19.3pp · 2024: -40.6pp
• All cycles: 2024: R+40.6 2020: R+37.8 2016: R+35.3 2012: R+23.9 2008: R+19.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -76.32%
• Current HPI: 179.2453
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 2.40%
• F500 in state: 50

Industry mix (Fortune 500 HQ in VA)

Industry	F500 HQs	Revenue
▸Aerospace / Defense	4	$236B
▸Technology / Defense	3	$32B
▸Financial Services	2	$176B
▸Utilities	2	$27B
▸Insurance	2	$25B
▸Technology	2	$15B

Price history

+108.2% since first listed

9 events — show timeline

• 2026-05-21 Listed $260,000 REINMLS
• 2019-12-30 Sold (Public Records) $145,000 Public Records
• 2019-12-23 Sold (MLS) $145,000 CVRMLS
• 2019-10-18 Listed $147,900 CVRMLS
• 2014-07-30 Sold (MLS) $131,000 CBRAR
• 2014-03-11 Listed $131,000 CBRAR
• 2013-03-22 Sold (Public Records) $131,000 Public Records
• 2013-03-22 Sold (MLS) $125,000 WMLS
• 2012-05-03 Listed $124,900 WMLS

Property tax history

-8.1%/yr

Latest (2025): $594 · +13.0% YoY. Source: county tax records.