15142 Marem Drive, Foley, AL 36535
Marem Place · Baldwin County
Key Facts
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.
Property Information
Property Type
Residential
Style
Cottage
Year Built
2017
Living Area
1,236 sq ft
Lot Size
0.18 acres
Garage Spaces
1
Ownership
Whole/Full
MLS® Listing#
379337
Property Features
- Appliances:
- Dishwasher, Convection Oven, Microwave, Cooktop
- Heating:
- Electric
- Flooring:
- Carpet, Tile
- Fireplace:
- None
- Patio:
- Covered
- Construction:
- Vinyl Siding
- Foundation:
- Slab
- Roof:
- Composition
- Community:
- None
Schools
- Elementary:
- Magnolia School
- Middle:
- Foley Middle
- High:
- Foley High
HOA & Tax
- HOA:
- $110/Annually
- Annual Tax:
- $1,142
- Parcel #:
- 6005150000006.035
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.
Affordability Calculator
$52,000
Estimated monthly payment
$1,384/mo
Principal $207,999 · Est. interest $290,177 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Foley, AL
- $328,417
- Median Listing Price
- 59
- Median Days on Market
- 1,815
- Median Sq Ft
- $188
- Median Price / Sq Ft
- 379
- Active Listings
- This home’s price is 21% below the area median.
- Its price per sq ft is 12% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Foley, AL.
Location
- 15142 Marem Drive, Foley, AL 36535
Nearby Schools
Swift Elementary School
Elementary · 3.0 mi away
Mathis Elementary
Elementary · 5.1 mi away
South Baldwin Christian Academy
School · 5.2 mi away
Foley High School
Secondary · 5.2 mi away
Foley Intermediate School
School · 5.2 mi away
Magnolia School
Elementary · 5.3 mi away
Daphne High School
Secondary · 5.9 mi away
Foley Middle School
Secondary · 6.3 mi away
Foley Elementary School
Elementary · 6.3 mi away
Gulf Shores City Schools
School · 7.2 mi away
Gulf Shores Elementary School
Elementary · 7.3 mi away
Gulf Shores Middle School
Secondary · 7.5 mi away
Gulf Shores High School
Secondary · 7.5 mi away
Ob Conservatory of Fine Arts
School · 9.7 mi away
Orange Beach Middle & High School
Secondary · 9.7 mi away
J Larry Newton School
Elementary · 10.4 mi away
Jubilee Shores Wee School
School · 10.5 mi away
Summerdale School
Elementary · 10.7 mi away
St Benedict School
School · 10.8 mi away
Good Shepherd Lutheran School
School · 11.1 mi away
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EXIT Agents in Foley
Listing Courtesy: Elite Real Estate Solutions, LLC - PHONE: 251-651-2800
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or renting.