3895 Levalley RD, Marathon Township, MI 48421
Price cut $8,900 since it was listed at $399,900
Est. $2,757/mo with current taxes · · See the breakdown
About this home
Land Contract Available. - Wow check out this amazing opportunity to own not one but TWO 2-bedroom homes on just under an acre in Marathon Township. These homes could be used as multi-generational living or possibly used for rental income. Both homes have been newly and totally renovated inside and out and are ready to move right in! You have to see these homes to fully appreciate them! New bathrooms, kitchens, roofs, windows, appliances, central air, and so much more! This is a great opportunity to live in one home and rent out the other or rent out both homes.
Monthly payment
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.The uncapped tax line is this home's bill after it uncaps: half the price times 23.34 mills, the 2025 homestead rate here. 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 | $391,000 |
| Original price | $399,900 |
| Price cut | −$8,900 |
| Beds | 4 |
| Baths | 3 full |
| Square feet | 1,808 |
| Type | Single family residence |
| Subdivision | N/A |
| County | Lapeer |
| MLS # | 5050161281 |
| Listed | 2024-11-15 |
| Days on market | 675 |
| Year built | 1940 |
| Possession | At closing |
| Stories | 1 story |
| Basement | Unfinished |
| Heating | Forced air, Propane |
| Foundation | Basement |
| Garage spaces | 1.5 |
| Water / Sewer | Well / Septic |
| Parcel number | 01303502900 |
| Listing office | REMAX Edge |
Property taxes: the seller's bill vs. yours
| This seller today | You, the year after buying | |
|---|---|---|
| Taxable value | — | about $195,500 |
| Yearly property tax | $2,057 | about $4,562 |
Michigan caps a homeowner's taxable value until the home sells, then it resets. That's about $2,505 a year more than this seller pays. 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 East Central Association of REALTORS, ©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.