tomo logo

$220,000

Beds
3
Baths
2.0
sq ft
1,172

418 Nottingham Drive, Lexington, NC 27292

418 Nottingham Drive

Lexington, NC 27292

  • 2 days on market
Are you looking for a lake house? Look no further! Enjoy sitting out on the screened-in front porch overlooking High Rock Lake with your morning coffee. 3 bedrooms, 2 baths with a gorgeous view of the lake. Oversized paved driveway with plenty of room for parking and a boat. Was used as a successful Air BNB in the past. Nice open floor plan. Mudroom is an extra bonus. Plenty of room to entertain. Comes with a shed too. Check out this property before it's too late. Would make a great summer getaway!

Details

Property type

Manufactured Home

Est. home value

$189,775

Lot size

0.28 acres

Price per sq ft

$188

Year built

1983

Annual property taxes

$620

Monthly HOA fee

$8.33

Price History

04/06/2025
TriadMLS

TriadMLS #1176327

Listed
$220,000
+10%
10/26/2023
TriadMLS

TriadMLS #1114022

Sold
$200,000
+34.23%
07/02/2021
TriadMLS

TriadMLS #1027523

Sold
$149,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$5,255
Asking price
$220,000
Closing costs (~8% of asking)
-$17,600
Est. remaining loan balance
-$197,145
Cash to seller
$5,255

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Navy Fcu

Loan start date

October 2023

Original loan amount

$200,000

Est. remaining balance

$197,145

Interest rate

7.12%

Loan type

VA, 30 year

Seller

Jimmy Dorsett and Jimmy R Dorsett

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/09/2025 at 12:35 PM

Listing updated: 04/07/2025 at 10:56 PM

Listed by: Gina Johnson, Southern Roots Realty Group Phone #: (336) 520-0001

MLS: TriadMLS #1176327

TriadMLS logo

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