Stylish and Income-Generating Foley Home with Assumable Mortgage! This beautiful 3-bedroom, 2-bathroom home is a rare find in Foley, Alabama. Built in 2017 and recently painted, the property is in excellent condition and boasts modern features throughout. With an assumable mortgage and reliable tenant already in place, you can enjoy immediate rental income for the year, making this a smart investment opportunity you won't want to miss! Located in a neighborhood close to schools, parks, and entertainment options, while still offering a peaceful retreat away from the bustling city. HOME IS OCCUPIED. DO NOT DISTURB TENANTS. SELLER NOW OFFERING $5,000 TOWARDS BUYERS CLOSING COSTS WITH ACCEPTABLE OFFER. Buyer to verify all information during due diligence.
Active
$259,999
15142 Marem Dr, Foley, AL 36535
3beds
1,236sqft
Single Family Residence
Built in 2017
7,927 Square Feet Lot
$256,200 Zestimate®
$210/sqft
$9/mo HOA
What's special
Recently paintedModern features throughout
- 146 days
- 146
- 2
Zillow last checked:
Listing updated:
Listed by:
Rachel M Romash Reese PHONE:251-651-2800,
Elite Real Estate Solutions, LLC
Source: Baldwin Realtors,MLS#: 379337
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Electric
Appliances
- Included: Cooktop, Microwave, Dishwasher
Features
- Internet
- Flooring: Tile, Carpet
- Has fireplace: No
- Fireplace features: No Fireplace
Interior area
- Total interior livable area: 1,236 sqft
Property
Parking
- Parking features: Single Garage
- Has garage: Yes
Features
- Stories: 1
- Patio & porch: Covered Patio
- Pool features: None
- Has view: Yes
- View description: None/Not Applicable
- Waterfront features: No Waterfront
Lot
- Size: 7,927 Square Feet
- Features: Less Than 1 Acre
Details
- Parcel number: 6005150000006.035
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cottage
- Property subtype: Single Family Residence
Materials
- Roof: Composition Shingle
Condition
- Year built: 2017
Utilities & green energy
- Utilities for property: Baldwin EMC, Baldwin Co Sewer Service
Community & HOA
Community
- Features: More Than Two Pets Allowed
- Subdivision: Marem Place
HOA
- Has HOA: Yes
- Services included: Association Management, Common Area Maintenance
- HOA fee: $110 annually
- HOA phone: 251-256-6819
Location
- Region: Foley
Financial & listing details
- Price per square foot: $210/sqft
- Tax assessed value: $221,000
- Annual tax amount: $1,222
- Date on market: 5/28/2025
- Ownership type: Whole Full
Estimated market value
$256,200
$243,000 - $269,000
$1,777/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/18/2026 | Listing removed | $1,850$1/sqft |
Source: Baldwin Realtors #393134 Report a problem | ||
| 3/10/2026 | Listed for rent | $1,850$1/sqft |
Source: Baldwin Realtors #393134 Report a problem | ||
| 1/12/2026 | Price change | $259,999-3.7%$210/sqft |
Source:  Baldwin Realtors #379337 Report a problem | ||
| 5/28/2025 | Listed for sale | $270,000+13.7%$218/sqft |
Source: Baldwin Realtors #379337 Report a problem | ||
| 4/7/2025 | Listing removed | $1,850$1/sqft |
Source: Baldwin Realtors #375076 Report a problem | ||
| 3/4/2025 | Listed for rent | $1,850+5.7%$1/sqft |
Source: Baldwin Realtors #375076 Report a problem | ||
| 10/5/2024 | Listing removed | $1,750$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/17/2024 | Price change | $1,750-5.4%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/27/2024 | Listed for rent | $1,850+15.6%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/7/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 8/17/2023 | Listed for rent | $1,600$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/6/2022 | Sold | $237,500$192/sqft |
Source: Baldwin Realtors #329575 Report a problem | ||
| 5/9/2022 | Pending sale | $237,500$192/sqft |
Source: Baldwin Realtors #329575 Report a problem | ||
| 5/1/2022 | Price change | $237,500-1%$192/sqft |
Source: Baldwin Realtors #329575 Report a problem | ||
| 4/23/2022 | Listed for sale | $240,000+125.9%$194/sqft |
Source: Baldwin Realtors #329575 Report a problem | ||
| 12/16/2016 | Sold | $106,250$86/sqft |
Source: Baldwin Realtors #243450 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,222 +7% | $43,640 +7% |
| 2024 | $1,142 +7.2% | $40,800 +7.2% |
| 2023 | $1,066 | $38,060 +20.8% |
| 2022 | -- | $31,500 +139.4% |
| 2021 | $327 +4.1% | $13,160 +2.5% |
| 2020 | $315 -4.3% | $12,840 -45.3% |
| 2019 | $329 -47.1% | $23,460 +5.8% |
| 2018 | $621 +1779.7% | $22,180 +1779.7% |
| 2017 | $33 | $1,180 +40.5% |
| 2016 | $33 +40.5% | $840 +20% |
| 2015 | $24 +82.6% | $700 +52.2% |
| 2014 | $13 | $460 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 36535
Nearby schools
Schools provided by the listing agent
- Elementary: Magnolia School
- Middle: Foley Middle
- High: Foley High
Source: Baldwin Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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