$529,000
$80K PRICE DROP

586 Schaeffer Dr Coldwater, MI 49036

Estimated payment $3,020/month

Total Views 18,752
4 Beds
5 Baths
3,243 Sq Ft
$163 Price per Sq Ft

Highlights

  • Private Waterfront
  • Living Room with Fireplace
  • Mud Room
  • Contemporary Architecture
  • Loft
  • No HOA

About This Home

Multigenerational Living Along the Sauk River! This 4 bedroom, 5 bathroom home offers a flexible layout designed for today's needs. The main side of the home features three bedrooms, including a spacious primary suite with an en suite bathroom. An open floor plan highlights a double sided fireplace between the living room and kitchen, along with ample storage throughout. The additional wing provides an independent living space with its own private entrance. This area includes one bedroom, a master bathroom en suite, an additional full bath, and a full kitchen remodeled in 2023. Perfect for extended family, guests, or anyone needing privacy while staying connected. Recent updates include a new roof, new flooring, new furnace, a beautifully remodeled master bathroom in the guest wing, and a stamped concrete patio making this home move-in ready with modern comforts. For peace of mind, a whole-house Generac generator ensures you're covered no matter the season. Set along the Sauk River and just minutes from town and amenities, this property offers versatility, comfort, and a picturesque setting. This company makes no warranty or representations about the contents of this data. It is the responsibility of the parties looking at the property to satisfy themselves as to accuracy of this information. Taxes were obtained from the local assessor and the taxes could change for the buyer after a closed transaction.

Listing Agent

Angie Marsh

Southern Marsh Realty License #6501372897 Listed on: 09/25/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,991

Year Built

  • Built in 1992

Lot Details

  • 0.52 Acre Lot
  • Lot Dimensions are 108x212
  • Private Waterfront
  • 108 Feet of Waterfront
  • River Front
  • Property has an invisible fence for dogs
  • Shrub
  • Level Lot
  • Garden

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,243 Sq Ft Home
  • 2-Story Property
  • Garden Windows
  • Mud Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Room
  • Den with Fireplace
  • Loft
  • Utility Room
  • Water Views
  • Crawl Space
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Kitchen Island

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • En-Suite Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Water Access
  • Covered Patio or Porch
  • Shed
  • Storage Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Generator Hookup
  • Power Generator
  • Well
  • Septic Tank
  • Septic System
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,991

Year Built

Built in 1992

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Contemporary
  • Stories: 2
  • Year Built: 1992
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 163.12
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 108x212
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 3243.0
  • General Property Info:Main Level Primary: Yes
  • Tax Info:Annual Property Tax: 2990.81
  • Waterfront Options:Water Access YN: Yes
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Sewer:Septic System: Yes
  • Landscape:ShrubsHedges: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 2.0
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Lot Description:Level: Yes
  • Utilities Attached:Natural Gas: Yes
  • Waterfront Options:Water Frontage3: 108.0
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • General Property Info:Fireplace: Yes
  • Substructure:Crawl Space: Yes
  • Landscape:Flower Garden: Yes
  • Additional Items:Generator: Yes
  • Additional Items:Ensuite: Yes
  • Additional Items:Generator Hook-up: Yes
  • General Property Info:SqFt Above Grade: 3243.0
  • Laundry Features Laundry Room: Yes
  • Laundry Features Main Level: Yes
  • General Property Info Garage YN: Yes
  • Architectural Style:Contemporary: Yes
  • Flooring:Vinyl Floor: Yes
  • Flooring:Carpet Floor: Yes
  • Security Features:Security System: Yes
  • Fencing Invisible Fence: Yes
  • Other Equipment Generator2: Yes
  • Other Structures:Storage Shed: Yes
  • Remarks Misc: Public Remarks: Multigenerational Living Along the Sauk River! This 4 bedroom, 5 bathroom home offers a flexible layout designed for today's needs. The main side of the home features three bedrooms, including a spacious primary suite with an en suite bathroom. An open floor plan highlights a double sided fireplace between the living room and kitchen, along with ample storage throughout. The additional wing provides an independent living space with its own private entrance. This area includes one bedroom, a master bathroom en suite, an additional full bath, and a full kitchen remodeled in 2023. Perfect for extended family, guests, or anyone needing privacy while staying connected. Recent updates include a new roof, new flooring, new furnace, a beautifully remodeled master bathroom in the guest wing, and a stamped concrete patio making this home move-in ready with modern comforts. For peace of mind, a whole-house Generac generator ensures you're covered no matter the season.
  • Remarks Misc: Agent Only Remarks: Preapproval letter or proof of funds must accompany any and all offers. Buyer's agents to be physically present for ALL showings and inspections unless prior written express consent is given by the listing agent and/or seller to the contrary.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Vinyl
  • Interior Amenities: Center Island, Eat-in Kitchen, Pantry
  • Fireplace Features: Den, Living Room
  • Fireplace: Yes
  • Fireplaces: 2
  • Total Bedrooms: 4
  • Main Level Bedrooms: 2
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bathrooms: 5
  • Basement: Crawl Space
  • LivingArea: 3243.0
  • Other Equipment: Generator
  • Window Features: Garden Window
  • General Property Info:Stories2: 2.0
  • Kitchen Features:Eating Area: Yes
  • Kitchen Features:Center Island: Yes
  • Kitchen Features:Mud Room Access: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:Living: Yes
  • Kitchen Features:Garden Window: Yes
  • Fireplace:DenStudy: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • Fencing: Invisible Fence
  • List Price: 529000.0
  • Lot Features: Level
  • Other Structures: Shed(s)
  • Patio and Porch Features: Covered, Patio, Porch(es)
  • Road Surface Type: Paved
  • Roof: Composition
  • Water Body Name: Sauk River
  • Waterfront Features: River
  • Waterfront: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Wood Siding: Yes
  • Patio and Porch Features:Porch(es): Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Covered: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Garage Faces Front, Garage Door Opener, Attached
  • Parking Features Garage Door Opener2: Yes
  • Parking Features Attached2: Yes
  • Parking Features:Garage Faces Front: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Electric: Generator
  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: Laundry Room, Main Level
  • Security Features: Security System
  • Sewer: Septic Tank
  • Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected
  • Water Source: Well
  • Water Well: Yes

Association/Amenities

  • Water Fea Amenities:Private Frontage: Yes
  • Water Fea Amenities:View: Yes

Lot Info

  • Lot Size Acres: 0.52
  • Lot Size Area: 0.52
  • Lot Dimensions: 108x212
  • Lot Size Sq Ft: 22651.0

Tax Info

  • Tax Annual Amount: 2990.81
  • Tax Year: 2024

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,991 $239,000 $0 $0
2024 $1,197 $240,500 $0 $0
2023 $1,087 $214,900 $0 $0
2022 $2,736 $203,200 $0 $0
2021 $942 $207,500 $0 $0
2020 $942 $99,500 $0 $0
2019 -- $94,200 $0 $0
2018 -- $101,400 $0 $0
2017 -- $100,100 $0 $0
2016 -- $115,000 $0 $0
2015 -- $90,100 $0 $0
2014 -- $96,600 $0 $0
2013 -- $95,300 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/12/2025 12/12/25 Price Changed $529,000 -8.8% $163 / Sq Ft
10/27/2025 10/27/25 Price Changed $579,900 -4.8% $179 / Sq Ft
09/25/2025 09/25/25 For Sale $609,000 -- $188 / Sq Ft
Source: MichRIC

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Warranty Deed $145,000 --
Source: Public Records

Source: MichRIC

MLS Number: 25049245

MichRIC

APN: 070-026-200-010-01