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$259,999 -$10,001 (-3.7%) Price Reduced
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Property Description
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.
Full Property Details
Full Property Details for 15142 Marem Dr
General
- Price: $259,999
- HOA FEE: $9/month
- HOA FEE FREQ.: Annually
- Taxes: $1,142
- Status: Active
- Type: Single Family
- Source: 934
- MLS ID: 379337
- Updated: 1/12/2026
- Added to Site: 244 day(s) ago
Interior
- Interior Features: Internet
- Fireplace(s): None
- Appliances: Dishwasher, Convection Oven, Microwave, Cooktop
- Furnishings: Unfurnished
- Flooring: Carpet, Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
- Primary Bedroom: 1st Floor Primary
Additional Information
- Shared Amenities: None
Exterior
- Porch/Patio/Deck: Covered
Parking
- Garage: Yes
- Covered Spaces: 1
- Parking Features: Single Garage
Location
- Area: Foley 1
- County: Baldwin
- Subdivision: Marem Place
- Driving Directions: From I-10, take Exit 44 for AL-59 S toward Foley/Gulf Shores. Merge onto AL-59 S and continue for about 1.2 miles. Turn right onto W Fern Ave and continue for about 1.2 miles. Turn left onto S Pine St and continue for about 0.5 miles. Turn right onto E Rose Ave and continue for about 0.8 miles. Turn left onto Marem Dr. The destination, 15142 Marem Dr, Foley, AL 36535, will be on your right.
School Information
- Elementary School: Magnolia School
- Middle School: Foley Middle
- High School: Foley High
Community
- Association: Yes
- Assoc. Fees Include: Association Management, Maintenance Grounds
- Pets Allowed: Yes
Heating & Cooling
- Heating Type: Electric
Utilities
- Sewer: Baldwin Co Sewer Service
Structural Information
- Architectural Style: Cottage
- Exterior Const.: Vinyl Siding, Wood Frame
- Roof: Composition
- Stories/Levels: 1
- Building Size: 1236
- Square Feet: 1,236
- Sq. Ft. Source: Seller
- Year Built: 2017
- Property Condition: Resale
Lot Features
- Property View: None/Not Applicable
- Lot Size (Acres): 0.182
- Lot Size (Sq. Ft.): 7,927.92
- Lot Features: Less than 1 acre
Water Features
- Water Front View: No Waterfront
Financial Considerations
- Association Fee: $110
- Assoc Fee Freq.: Annually
- Tax Amount: $1,142
Disclosures and Reports
- Ownership: Whole/Full
- Legal Description: 60 X 132.6 Lot 28 Marem Sub Slide 2355-A Sec 15-T8s-R3e (W D)
- Property ID: 6005150000006.035
- Block: 28
- Lot Number: 28
Listed by Elite Real Estate Solutions, LLC
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Price & Sales History for 15142 Marem Dr
Date
Details
Price
Change
Source
1/12/2026
Price Reduced
$259,999
-3.7%
MLS
5/28/2025
Listed
$270,000
13.68%
MLS
6/06/2022
Sold
$237,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 15142 Marem Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,142
7%
$40,800
7%
2023
$1,066
162%
$38,060
136%
2022
$407
24%
$16,160
23%
2021
$327
—
$13,160
2%
2021
$327
-1%
$12,840
-45%
2019
$329
-47%
$23,460
6%
2018
$621
1782%
$22,180
4%
2017
$33
38%
$21,420
2450%
2016
$24
20%
$840
20%
2015
$20
54%
$700
52%
2014
$13
117%
$460
—
2013
$6
—
$460
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 15142 Marem Dr
15142 Marem Drive, Foley, AL 36535 (MLS# 379337) is a Single Family property with 3 bedrooms and 2 full bathrooms. 15142 Marem Drive is currently listed for $259,999 and was received on May 16, 2025. Want to learn more about 15142 Marem Drive? Do you have questions about finding other Single Family real estate for sale in Foley? You can browse all Foley real estate or contact a Coldwell Banker agent to request more information.

