$775,000
SOLD AUG 28, 2020

113 Wexford Way Basking Ridge, NJ 07920

5 Beds
4.5 Baths
-- Sq Ft
1.16 Acres

Recently Sold

10% Below List Price

103 Days on Market

Highlights

  • Home Theater
  • Custom Home
  • Family Room with Fireplace
  • Liberty Corner Elementary School Rated A
  • Deck
  • Recreation Room

About This Home

As of March 2024

WOW Truly breathtaking & dramatic design will have you entertaining & relaxing like a star!Totally renovated!Skylights & fabulous wndw walls for natural light & gorgeous sunset views!Multi-level deck! Enter into a stylish open great room accented by columns to a stunning lounge by a stone frplc & a white chefs KIT w lrg gathering bar, SS applncs, granite counters, & farmhouse sink. Work from home in your office. Mstr suite w 2 full bths including one in a loft w lavish boutique-style dressing rm and glass block wall leading to a glass enclosed multi-spray shower for an at-home spa experience! 3 addl bdrms & full bth. Fin bsmnt is an entertainers dream w frplc, bar, conversation areas, theater/media rm & full bth w dbl jetted tub. Sliders thru out lead to the outrageous deck for plenty of outdoor fun!

Last Agent to Sell the Property

Michele Klug

KELLER WILLIAMS TOWNE SQUARE REAL Listed on: 03/14/2020

KELLER WILLIAMS TOWNE SQUARE REAL

Last Buyer's Agent

Hui Lu

RE/MAX SELECT

RE/MAX SELECT

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,029

Year Built

  • Built in 1981 | Remodeled

Lot Details

  • 1.16 Acre Lot
  • Wooded Lot

Parking

  • 2 Car Attached Garage
  • Inside Entrance
  • Garage Door Opener

Home Design

  • Custom Home
  • Contemporary Architecture
  • Vinyl Siding
  • Tile

Interior Spaces

  • Mud Room
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Theater
  • Home Office
  • Recreation Room
  • Game Room
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Recirculated Exhaust Fan
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Cedar Closet
  • Walk-In Closet
  • Powder Room

Finished Basement

  • Walk-Out Basement
  • Exterior Basement Entry

Home Security

  • Intercom
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Storage Shed
  • Porch

Schools

  • Ridge High School

Utilities

  • Forced Air Heating and Cooling System
  • Multiple Heating Units
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2702-07002-0000-00011-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,029

Year Built

Built in 1981 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Style: Contemporary, Custom Home
  • Primary Style: Contemporary
  • Subproperty Type: Single Family
  • Year Built: 1981
  • Year Built Description: Renovated
  • County Name: Somerset
  • Renovated Year: 2019
  • Street Number Display: 113
  • Directions: Mt Airy Rd to Gristmill, right on Wexford Way
  • I D: 4971443
  • Modified: 2021-09-23
  • Number Images: 25
  • Section Subdiv Development: Gristmill Estates
  • First Name: MICHELE
  • First Name3: HUI
  • Last Name: KLUG
  • Last Name3: LU
  • Office Phone: 908-766-0085
  • Office Phone3: 973-635-5000
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2019

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Fireplace Description: Family Room, Living Room
  • Number of Fireplaces: 2
  • Appliances: Carbon Monoxide Detector, Central Vacuum, Dishwasher, Kitchen Exhaust Fan, Range/Oven-Gas, Self Cleaning Oven
  • Interior Amenities: Carbon Monoxide Detector, Cedar Closets, Intercom, Security System, Smoke Detector
  • Number Rooms: 12
  • Bedrooms: 5
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished, Walkout
  • Basement Level Rooms: Bath(s) Other, Family Room, GameRoom, Media Room, Office, Outside Entrance, Rec Room, Walkout
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: Basement
  • Kitchen Area: Eat-In Kitchen, Pantry
  • Kitchen Dim: 25x11
  • Kitchen Level: First
  • Living Room Dim: 24x13
  • Living Room Level: First
  • Other Room 1: Office
  • Other Room1 Dim: 12x13
  • Other Room1 Level: Basement
  • Other Room 2: Media Room
  • Other Room2 Dim: 24x16
  • Other Room2 Level: Third
  • Other Room 3: Game Room
  • Other Room3 Dim: 20x11
  • Other Room3 Level: Basement
  • Other Room 4: Exercise Room
  • Other Room4 Dim: 23x11
  • Other Room4 Level: Basement
  • Level 1 Rooms: Bath(s) Other, Kitchen, Living Room, MudRoom, Powder Room
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other, Laundry Room
  • Level 3 Rooms: Media Room
  • Phone: 908-766-0085

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Deck, Open Porch(es), Storage Shed
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Built-In Garage, Finished Garage, Garage Door Opener, InEntrnc
  • Number Garage Spaces: 2
  • Number Parking Spaces: 6
  • Parking Driveway Description: 1 Car Width, Blacktop

Utilities

  • Cooling: 3 Units, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 3 Units, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

  • High School: RIDGE
  • High School: RIDGE

Lot Info

  • Lot Size: 1.16AC
  • Assessed Improvement Value: 235400
  • Assessed Land Value: 257700
  • Assessment: 493100
  • Easement: Unknown
  • Lot Description: Wooded Lot
  • Lot Identifier: 11
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 1.16

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 10029
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-07002-0000-00011-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.034
  • Tax Rate Tax: *
  • Tax Rate Year: 2019
  • Tax Year Tax: *
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2024
Closed on
Mar 19, 2024
Sold by
Korfmacher Joseph and Korfmacher Elizabeth
Bought by
Lieberum Joel Kenneth and Lieberum Jenna Leigh
Seller's Agent
Alyssa Stanek
CORCORAN SAWYER SMITH
Buyer's Agent
Michele Klug
KELLER WILLIAMS TOWNE SQUARE REAL
List Price
$999,000
Sold Price
$999,000
Views
133
Current Estimated Value
$1,148,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,147
Avg. Annual Appreciation
9.72%
Original Mortgage
$899,000
Outstanding Balance
$888,034
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$247,391

Purchase Details

Listed on
Apr 5, 2022
Closed on
May 7, 2022
Sold by
Zhu Ming and Zhang Qianyi
Bought by
Korfmacher Joseph and Korfmacher Elizabeth
Seller's Agent
Hui Lu
RE/MAX SELECT
Buyer's Agent
MARYALICE RYAN
COLDWELL BANKER REALTY
List Price
$899,000
Sold Price
$980,000
Premium/Discount to List
$81,000
9.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.03%
Original Mortgage
$882,000
Interest Rate
4.67%
Mortgage Type
Balloon

Purchase Details

Listed on
Mar 14, 2020
Closed on
Aug 20, 2020
Sold by
Allotrope Capital Llc
Bought by
Zhang Qianyi and Zhu Ming
Seller's Agent
Michele Klug
KELLER WILLIAMS TOWNE SQUARE REAL
Buyer's Agent
Hui Lu
RE/MAX SELECT
List Price
$858,800
Sold Price
$775,000
Premium/Discount to List
-$83,800
-9.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.80%
Original Mortgage
$620,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 9, 2018
Closed on
May 17, 2019
Sold by
Deutsche Bank National Trust Company
Bought by
Allotrope Capital Llc
Seller's Agent
DAVID TORRES
REALHOME SERVICES & SOLUTIONS INC
Buyer's Agent
William Schmaling
RE/MAX SELECT
List Price
$685,000
Sold Price
$462,643
Premium/Discount to List
-$222,357
-32.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
50.11%
Original Mortgage
$521,000
Interest Rate
4%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Deed $999,000 Stewart Title
Deed $980,000 Acres Land Title
Deed $775,000 Stewart Title Guaranty Co
Deed $485,775 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $899,000 New Conventional
Previous Owner $882,000 Balloon
Previous Owner $620,000 New Conventional
Previous Owner $521,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2024 03/22/24 Sold $999,000 0.0% --
02/20/2024 02/20/24 Pending -- -- --
02/01/2024 02/01/24 For Sale $999,000 +1.9% --
05/10/2022 05/10/22 Sold $980,000 +9.0% $325 / Sq Ft
04/12/2022 04/12/22 Pending -- -- --
04/05/2022 04/05/22 For Sale $899,000 +16.0% $299 / Sq Ft
08/28/2020 08/28/20 Sold $775,000 -3.0% --
06/25/2020 06/25/20 Pending -- -- --
04/11/2020 04/11/20 Price Changed $799,000 -7.0% --
03/14/2020 03/14/20 For Sale $858,800 +85.6% --
05/22/2019 05/22/19 Sold $462,643 0.0% $140 / Sq Ft
10/29/2018 10/29/18 Off Market $462,643 -- --
08/29/2018 08/29/18 Pending -- -- --
03/09/2018 03/09/18 For Sale $685,000 -- $207 / Sq Ft
Source: Garden State 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 $16,630 $934,800 $255,600 $679,200
2023 $16,989 $900,800 $255,600 $645,200
2022 $15,619 $776,700 $242,600 $534,100
2021 $15,874 $752,300 $242,600 $509,700
2020 $16,911 $807,600 $242,600 $565,000
2019 $10,030 $493,100 $257,700 $235,400
2018 $14,520 $724,200 $312,300 $411,900
2017 $14,923 $750,300 $333,100 $417,200
2016 $15,544 $796,700 $379,300 $417,400
2015 $15,280 $797,500 $379,300 $418,200
2014 $15,110 $781,300 $379,300 $402,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3623838

Garden State MLS

APN: 02-07002-0000-00011