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. Buyer to verify all information during due diligence. SELLER NOW OFFERING $5,000 TOWARDS BUYERS CLOSING COSTS WITH ACCEPTABLE OFFER.
Active
$259,999
15142 Marem Dr, Foley, AL 36535
3beds
1,236sqft
Residential
Built in 2017
7,927 Square Feet Lot
$251,900 Zestimate®
$210/sqft
$9/mo HOA
What's special
- 419 days |
- 150 |
- 4 |
Zillow last checked:
Listing updated:
Listed by:
Clint Adam PHONE:251-651-2800,
Elite Real Estate Solutions, LLC
Source: Baldwin Realtors,MLS#: 379337
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Features: 1st Floor Primary
Heating
- Electric
Appliances
- Included: Dishwasher, Convection Oven, Microwave, Cooktop
Features
- High Speed Internet
- Flooring: Carpet, Tile
- Has basement: No
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 1,236
- Total interior livable area: 1,236 sqft
Property
Parking
- Total spaces: 1
- Parking features: Garage
- Has garage: Yes
- Covered spaces: 1
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered
- Has view: Yes
- View description: None
Lot
- Size: 7,927 Square Feet
- Features: Less than 1 acre
Details
- Parcel number: 6005150000006.035
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cottage
- Property subtype: Residential
Materials
- Vinyl Siding, Frame
- Foundation: Slab
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 2017
Utilities & green energy
- Electric: Baldwin EMC
- Sewer: Baldwin Co Sewer Service
Community & HOA
Community
- Features: None
- Subdivision: Marem Place
HOA
- Has HOA: Yes
- Services included: Association Management, Maintenance Grounds
- HOA fee: $110 annually
Location
- Region: Foley
Financial & listing details
- Price per square foot: $210/sqft
- Tax assessed value: $221,000
- Annual tax amount: $1,142
- Price range: $260K - $260K
- Date on market: 5/16/2025
- Ownership: Whole/Full
Estimated market value
$251,900
$239,000 - $264,000
$1,725/mo
Price history
| Date | Event | Price |
|---|---|---|
| 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: | ||
| 5/28/2025 | Listed for sale | $270,000+13.7%$218/sqft |
Source: | ||
| 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: | ||
| 5/9/2022 | Pending sale | $237,500$192/sqft |
Source: | ||
| 5/1/2022 | Price change | $237,500-1%$192/sqft |
Source: | ||
| 4/23/2022 | Listed for sale | $240,000+125.9%$194/sqft |
Source: | ||
| 12/16/2016 | Sold | $106,250$86/sqft |
Source: | ||
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 | $460 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 36535
Nearby schools
GreatSchools rating
- 8/10Magnolia SchoolGrades: PK-6Distance: 5.3 mi
- 4/10Foley Middle SchoolGrades: 7-8Distance: 6.3 mi
- 7/10Foley High SchoolGrades: 9-12Distance: 5.2 mi
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.
A local agent can set up tours, give advice and negotiate with sellers.
- Alabama
- Baldwin County
- Foley
- 36535
- 15142 Marem Dr



