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Active · MLS #20261074865
$299,900 3 bd2 ba1,920 sqft

5058 Marathon, Marathon Township, MI 48432

Est. $2,173/mo with current taxes · · See the breakdown

TypeSingle family residence
Built1900
Lot2.62 acres
Garage2.5 spaces
Price/sqft$156
On market25 days

About this home

OUR BUYER WAS STRUCK WITH BUYERS REMORSE- Now is this home is back on the market. This updated country farmhouse on 2.5 acres surrounded by farmland, with views of the original 100 acres that once belonged to the home. Located just one mile north of all-sports Holloway Reservoir and the charming town of Columbiaville. This classic farmhouse combines rural character with loads of mechanical updates. Enjoy the long wraparound porch, mature trees lining the property, and a large red pole barn that adds to the farm feel while offering room for livestock, hobbies, storage, or a workshop. Inside, French doors from the front porch open to a spacious dining room, while the updated country kitchen features new vinyl plank flooring. New fresh plush carpet runs throughout the home, with vinyl plank flooring in the first- and second-floor bathrooms. Living room features a flex room 11 x 8 with window to use as an office, home school area, kids room etc. All rooms have 10ft ceilings, crown molding, and cove ceilings. First floor laundry is a plus with access to the garden. The side entry leads directly into an oversized heated garage, making it easy to unload groceries out of the wind and providing extra space for hobbies or projects. Newer windows through-out. The home has Genrac Generator. This home is move in ready,

Monthly payment

$2,173per month
Principal & interest$1,706
Property tax, current$143
Homeowners insurance$200
Mortgage insurance (PMI)$124

The tax line is the seller's current bill from the MLS. Michigan uncaps the taxable value the year after a sale, so tap See uncapped taxes for what a buyer will likely pay then. Insurance is a $2,400/yr placeholder and PMI 0.55% of the loan below 20% down. An estimate, not a loan quote.

The facts

Price$299,900
Beds3
Baths2 full
Square feet1,920
TypeSingle family residence
Subdivision—
CountyLapeer
MLS #20261074865
Listed2026-09-26
Days on market25
Year built1900
PossessionAt closing
Stories2 stories
BasementFull
HeatingForced air, Propane
FoundationMichigan basement
Garage spaces2.5
Water / SewerWell / Septic
Parcel number01302202600
Listing officeColdwell Banker Professionals

Property taxes: the seller's bill vs. yours

This seller today You, the year after buying
Taxable value$80,100about $149,950
Yearly property tax$1,714about $3,499

Michigan caps a homeowner's taxable value until the home sells, then it resets. That's about $1,785 a year more than this seller pays. The assessor's state equalized value (SEV) is $80,100. Your taxable value resets to the SEV the year after you buy, and assessors usually raise it to about half the sale price. Estimate uses Marathon Township's 2025 homestead rate of 23.34 mills and assumes you claim the homestead exemption. See Marathon Township's full tax breakdown or run the uncapping calculator.

Location

IDX provided courtesy of Realcomp II Ltd. via Match Realty LLC and Realcomp II Ltd, ©2026 Realcomp II Ltd. Shareholders. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listings refreshed 2026-11-03T10:57+00:00; refreshed at least twice daily.

$299,900Est. $2,173/mo
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