NOT LISTED FOR SALE

2540 Grace Farm Way Marietta, GA 30062

Estimated Value: $1,210,000 - $1,318,000

5 Beds
5.5 Baths
5,325 Sq Ft
$237/Sq Ft Est. Value

Last Sold July 23, 2021

Last sale price $966,000 $181 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $7,550/month

Highlights

  • Separate his and hers bathrooms
  • Dining Room Seats More Than Twelve
  • Deck
  • Murdock Elementary School Rated A
  • Fireplace in Primary Bedroom
  • Private Lot

About This Home

As of July 2021

This immaculate brick and stone executive home is located in desirable Pope HS. This floor plan boasts vaulted ceilings in the foyer and great room as well as 10' foot ceilings on the main level and 9 foot ceilings on the upper level. Grand master bedroom suite with vaulted ceiling and sitting room with fireplace. Richly stained hardwood floors and custom cabinetry throughout. Upgraded 4 burner gas cook-top and grill with double ovens, dishwasher, and built-in microwave. A spacious walk-in pantry and center island. Large keeping room that also has a bar area for 4 stools which opens into 2 story family room flanked with built-ins on each side of the fireplace. Four additional bedrooms upstairs each with their own private bathroom and spacious closets. Over-sized private backyard large enough for a pool. Three car garage with additional parking pad. No HOA fees. Light fixtures in the breakfast area. Owner spent over $100,000 worth of upgrades in the backyard kitchen. The resort style entertainment areas are complete with backyard grilling (custom built grill) area, covered back porches and patio and dining area.

Last Agent to Sell the Property

Sharad Patel

Homeland Realty Group, LLC. License #248563 Listed on: 05/21/2021

Last Buyer's Agent

Jen Cole

Compass License #351106

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,612

Year Built

  • Built in 2006

Lot Details

  • 0.53 Acre Lot
  • Property fronts a county road
  • Private Lot
  • Level Lot
  • Wooded Lot
  • Back Yard

Parking

  • 3 Car Garage

Home Design

  • Traditional Architecture
  • Cluster Home
  • Brick Foundation
  • Composition Roof
  • Three Sided Brick Exterior Elevation

Interior Spaces

  • 5,325 Sq Ft Home
  • 2-Story Property
  • Bookcases
  • Tray Ceiling
  • Ceiling height of 10 feet on the lower level
  • Factory Built Fireplace
  • Gas Log Fireplace
  • Insulated Windows
  • Private Rear Entry
  • Two Story Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room
  • Dining Room Seats More Than Twelve
  • Formal Dining Room
  • Keeping Room
  • Pull Down Stairs to Attic

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Walk-In Pantry
  • Double Self-Cleaning Oven
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Wood Stained Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • Oversized primary bedroom
  • Fireplace in Primary Bedroom
  • Separate his and hers bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub
  • Shower Only

Laundry

  • Laundry Room
  • Laundry on upper level

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Stubbed For A Bathroom
  • Natural lighting in basement

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom
  • Accessible Kitchen
  • Accessible Hallway
  • Ceiling Track
  • Accessible Doors
  • Accessible Electrical and Environmental Controls

Eco-Friendly Details

  • Energy-Efficient HVAC

Outdoor Features

  • Deck
  • Enclosed Patio or Porch
  • Outdoor Kitchen
  • Outdoor Gas Grill

Schools

  • Murdock Elementary School
  • Dodgen Middle School
  • Pope High School

Utilities

  • Central Heating and Cooling System
  • Electric Air Filter
  • Heating System Uses Natural Gas
  • Underground Utilities
  • 110 Volts
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 16062200600

Community Details

Overview

  • Grace Farm Subdivision

Recreation

  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,612

Year Built

Built in 2006

Lot Details

0

Parking

3

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cluster Home, Traditional
  • Property Condition: Resale
  • Year Built: 2006
  • Accessibility Features: Accessible Bedroom, Ceiling Track, Accessible Doors, Accessible Electrical and Environmental Controls, Accessible Full Bath, Accessible Hallway(s), Accessible Kitchen
  • Levels Stories: Two
  • Body Type: Other
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Factory Built, Family Room, Gas Log, Master Bedroom
  • Number Of Fireplaces: 2
  • Appliances: Dishwasher, Disposal, Double Oven, Self Cleaning Oven
  • Interior Amenities: Bookcases, Disappearing Attic Stairs, Double Vanity, Entrance Foyer 2 Story, High Ceilings 10 ft Lower, High Speed Internet, Tray Ceiling(s)
  • Basement: Bath/Stubbed, Daylight, Exterior Entry, Full, Interior Entry, Unfinished
  • Kitchen Features: Cabinets Stain, Eat-in Kitchen, Keeping Room, Kitchen Island, Pantry Walk-In, Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room, Living Room
  • Dining Room Features: Seats 12+, Separate Dining Room
  • Square Footage: 5325.00
  • Spa Features: Community
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 5
  • Bedroom Features: Oversized Master
  • Main Bedrooms: 1
  • Total Bathrooms: 6
  • Total Full Baths: 5
  • Total Half Baths: 1
  • Main Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate His/Hers, Shower Only, Soaking Tub

Exterior Features

  • Other Structures: Outdoor Kitchen
  • Construction Materials: Brick 3 Sides
  • Roof Type: Composition
  • Patio And Porch Features: Covered, Deck, Enclosed, Front Porch
  • Exterior Features: Gas Grill, Private Rear Entry
  • Foundation: Brick/Mortar

Garage/Parking

  • Carport or Garage: 3
  • Number of Garage Spaces: 3
  • Parking Features: Garage

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: Central Air, Electric Air Filter
  • Heating: Central, Natural Gas
  • Laundry Features: Laundry Room, Upper Floor
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Available
  • Electric: 110 Volts

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Subdivision Complex: GRACE FARM

Schools

  • Elementary School: Murdock
  • Middle School: Dodgen
  • High School: Pope

Lot Info

  • Acres: 0.5250
  • Lot: 2
  • Land/Lot: 622
  • Plat Book: 245
  • Plat Page: 95
  • Lot Features: Back Yard, Level, Private, Wooded
  • Lot Dimensions: x 0000
  • Parcel Number: 16062200600
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Efficiency: HVAC
  • Green Energy Generation: None

Tax Info

  • Taxes: 7612.00
  • Assessor Parcel Number: 16-0622-0-060-0
  • Close Date: 2021-07-23
  • Tax Year: 2020

MLS Schools

  • Elementary School: Murdock
  • High School: Pope
  • Middle School: Dodgen

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 15, 2021
Sold by
Patrick Marzolf Steven
Bought by
Steven Patrick Marzolf Revocable Trust
Current Estimated Value
$1,259,522

Purchase Details

Listed on
May 21, 2021
Closed on
Jul 23, 2021
Sold by
Patel Jayna G
Bought by
Marzolf Steven Patrick and Marzolf Lauren Kokemor
Seller's Agent
Sharad Patel
Homeland Realty Group, LLC.
Buyer's Agent
Jen Cole
Compass
List Price
$949,999
Sold Price
$966,000
Premium/Discount to List
$16,001
1.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.29%
Original Mortgage
$772,800
Interest Rate
2.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 2020
Sold by
Patel Bhavesh J
Bought by
Patel Jayna G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 7, 2014
Closed on
Jul 3, 2014
Sold by
Nca Equity Fund Llc
Bought by
Patel Bhavesh J and Patel Jayna G
Seller's Agent
SARAH SPICHER
Haven Brokers LLC
Buyer's Agent
Joel Roberts
Keller Williams Rlty, First Atlanta
List Price
$685,000
Sold Price
$640,000
Premium/Discount to List
-$45,000
-6.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.11%
Original Mortgage
$512,000
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2011
Sold by
Cobb County Tax Commission
Bought by
Nca Equity Fund Llc
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
Steven Patrick Marzolf Revocable Trust -- Herman Law Firm Llc
Marzolf Steven Patrick $966,000 None Available
Patel Jayna G -- None Available
Patel Bhavesh J $640,000 --
Nca Equity Fund Llc $271,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marzolf Steven Patrick $772,800
Previous Owner Patel Jayna G $510,000
Previous Owner Patel Bhavesh J $512,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2021 07/23/21 Sold $966,000 +1.7% $181 / Sq Ft
06/12/2021 06/12/21 Pending -- -- --
06/10/2021 06/10/21 For Sale $949,999 -1.7% $178 / Sq Ft
05/21/2021 05/21/21 Off Market $966,000 -- --
05/21/2021 05/21/21 For Sale $949,999 +48.4% $178 / Sq Ft
07/03/2014 07/03/14 Sold $640,000 -6.6% $120 / Sq Ft
05/29/2014 05/29/14 Pending -- -- --
04/07/2014 04/07/14 For Sale $685,000 -- $128 / Sq Ft
Source: First Multiple Listing Service (FMLS)

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 $10,461 $381,104 $90,000 $291,104
2023 $9,918 $381,104 $90,000 $291,104
2022 $10,535 $381,104 $90,000 $291,104
2021 $8,847 $291,492 $58,000 $233,492
2020 $7,612 $250,800 $58,000 $192,800
2019 $7,612 $250,800 $58,000 $192,800
2018 $7,612 $250,800 $58,000 $192,800
2017 $7,096 $246,800 $54,000 $192,800
2016 $7,096 $246,800 $54,000 $192,800
2015 $6,605 $224,216 $64,400 $159,816
2014 $6,661 $224,216 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Sharad Patel

    Homeland Realty Group, LLC.

    (678) 525-6655

    33 Total Sales

    Sharad Patel
    Section Image

  • J

    Buyer's Agent in 2021

    Jen Cole

    Compass

    (404) 245-1041

    82 Total Sales

    Jen Cole
    Section Image

  • S

    Seller's Agent in 2014

    SARAH SPICHER

    Haven Brokers LLC

    (678) 640-2962

    11 Total Sales

    SARAH SPICHER
    Section Image
  • Joel Roberts

    Buyer's Agent in 2014

    Joel Roberts

    Keller Williams Rlty, First Atlanta

    (404) 316-3295

    174 Total Sales

    Joel Roberts
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6881202

First Multiple Listing Service (FMLS)

APN: 16-0622-0-060-0

Georgia Cobb County Marietta 30062

2540 Grace Farm Way, Marietta, GA

This home is located at 2540 Grace Farm Way, Marietta, GA 30062 since 21 May 2021 and is currently estimated at $1,259,522, approximately $236 per square foot. This property was built in 2006. 2540 Grace Farm Way is a home located in Cobb County with nearby schools including Murdock Elementary School, Hightower Trail Middle School, and Pope High School.

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