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3116 Kensington Place
Burlington, NC 27215
Angie Howe with Choice Residential Real Estate, original listing - (919) 985-6305
$695,000
Conventional
Property
Bedroom
4
Bathroom
Full: 3, ½: 1
Property Type
Conventional
Square ft
3554 Square Feet
Property Description
Fall in love with this charming 4-bedroom home that offers the possibility of a 6-bedroom in the highly sought-after Somerton neighborhood of West Burlington. Nestled at the end of a quiet cul-de-sac, this beautifully updated brick and vinyl home sits on a sprawling 0.67-acre lot, offering both privacy and luxury with paved sidewalks, brick mailboxes, and no competing inventory in the area—a truly rare opportunity! An Entertainer's Dream with Unmatched Outdoor Spaces Step outside to your very own private oasis, featuring a 400+ sqft covered veranda, 300 sqft flagstone patio, and a gazebo with a swinging bench and ambient lighting—perfect for outdoor dining, entertaining, or simply unwinding while watching the kids enjoy the in-ground 14-ft trampoline. Mature landscaping and a charming greenhouse crafted from vintage windows, attached to the 10 X 12 brick outbuilding and doors add to the charm of this park-like backyard. The new black powder-coated aluminum fencing provides both elegance and security. Elegant Interiors with Space to Spare Inside, you'll find first-floor hardwoods, 9-foot ceilings, and a thoughtfully designed floor plan. The formal living room—currently a stylish home office—boasts cathedral ceilings and expansive windows, flooding the space with natural light. The family room is the heart of the home, showcasing custom built-ins, a wrap-around stone fireplace, and French doors opening to the backyard retreat. The chef's kitchen offers abundant white cabinetry, ample granite counter space, and a seamless flow to the formal dining and living areas. A dedicated laundry room with a drop zone makes everyday living effortless. First-Floor Primary Suite - Your Private Sanctuary Escape to the primary suite, where French doors lead to the covered veranda—perfect for late-night relaxation. The spa-like en suite features dual sinks and a spacious tiled shower, ensuring a retreat-like experience. Expansive Second Level with a Secret Bonus Room! Upstairs, a large loft with oversized windows overlooks the serene backyard. You'll find 2 additional bedrooms, with walk-in closets, plus a dedicated office and guest suite. The second-floor offers 2 full guest bathrooms equipped with bathtub/shower combination and freshly painted. But the real showstopper? A hidden ''secret room''—accessible through a small door inside a walk-in closet or a private staircase from the garage. Perfect as a hobby room, playroom, or artist's studio, this hidden retreat adds a whimsical touch of luxury! Upgrades & Features That Elevate This Home ✔ New landscape lighting (2025) ✔ Freshly painted exterior, including trim & peaks (2025) ✔ New front door hardware & updated lighting fixtures ✔ HVAC serviced quarterly & professionally cleaned carpets (2025) ✔ 9-station smart irrigation system with rain sensor ✔ Enclosed crawl space with vapor barrier & humidifier ✔ Tankless water heater for endless hot water This home checks every box—location, space, upgrades, and unparalleled outdoor living. With no other inventory in Somerton, this is your chance to own a one-of-a-kind home in one of Burlington's most coveted neighborhoods. Schedule your private tour today and be ready to fall in love!
Property Information
Lot Size
0 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
1998
MLS Number
--
Location
Address
3116 Kensington Place
City
Burlington
State
NC
Zip Code
27215
County
ALAMANCE
Listing
Name
Phone
(760) 880-3577
Office Name
Office Phone
(919) 985-6305
Agent Name
Angie Howe
Agency Phone
(919) 720-4991

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HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

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Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.