1024 Sheridan, Chico, California 95926, Chico, 95926 - 3 bed, 1 bath
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Chico, California 95926
This Centrally Located Value-Add Asset is listed at $379,000, representing a market-aligned entry point relative to its $363,810 Fair Market Value. Maintaining a Fair Condition Rating, the 1947 residence features original hardwood floors and a 2-Car Garage, though it requires modern updates to maximize its ROI. The property’s primary strength lies in its 10,019 Square Foot Lot with a private patio, ensuring consistent rental demand near Chico State University. This is a high-potential acquisition for Buy-and-Hold Investors or first-time buyers looking to execute a value-add strategy in a prime location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1024 Sheridan Subject | $379,000* List Price | 3 | 1 | 1,217 | $300 | - |
A 7 Terrace Drive Sold | $325,000 | 3 | 1 | 1,328 | $245 | 0.6 mi |
B 1280 Dale Sold | $365,000 | 3 | 1 | 1,050 | $348 | 0.8 mi |
C 1276 Dale Way Sold | $346,500 | 3 | 1 | 1,050 | $330 | 0.7 mi |
D 12 Lakewood Way Sold | $382,450 | 3 | 2 | 1,144 | $334 | 0.8 mi |
E 1407 Sunset Avenue Sold | $398,000 | 3 | 2 | 1,344 | $296 | 0.4 mi |
F 1280 Calla Lane Pending | $399,000 List Price | 4 | 2 | 1,412 | $283 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1947, this home is well-maintained and clean but remains largely unrenovated. The kitchen features dated tile countertops and older white appliances, while the single bathroom retains a vintage configuration. While the original hardwood floors add charm, the overall aesthetic, light fixtures, and systems reflect a property that has been maintained through regular upkeep rather than modern updates, placing it firmly in the fair category.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10019, living area = 1217.
Ideally situated minutes from Chico State University and downtown, this property offers exceptional convenience for students, faculty, and those seeking proximity to local amenities.
The generous 10,019 square foot lot provides a large backyard with a storage shed, offering rare outdoor space for gardening, entertaining, or potential ADU expansion.
The property was recently sold within the past year on 2025-08-15. The sold price is $379,000.00.
The 3-bedroom layout is serviced by only one bathroom, which may be a drawback for families or multiple tenants and could necessitate future remodeling.
Built in 1947, the property may require updates to its older systems and finishes to meet modern energy efficiency and aesthetic standards.
Welcome to this inviting and centrally located 3-bedroom, 1-bathroom home offering 1,217 square feet of comfortable living space. Ideally situated just minutes from Chico State University, downtown Chico, the local library, In Motion Fitness, and easy freeway access. This home provides both convenience and charm. Inside, you’ll find a spacious layout filled with natural light, a whole house fan to help keep the home cool and energy efficient during warmer months, and plenty of room to make it your own. Step outside to enjoy the large backyard featuring a storage shed and ample space for gardening, entertaining, or relaxing. The property also includes a 2-car garage, offering extra storage and parking. Whether you're looking for a comfortable primary residence or a great investment opportunity near campus and downtown amenities, this centrally located Chico home is full of potential.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 20% |
| Square foot | 1,217 | 1,663 | 22% |
| Lot Size | 10,019 | 8,712 | 66% |
| Price | $379.0K | $442.5K | 27% |
| Price per sq ft | $311 | $293 | 65% |
| Built year | 1947 | 1964 | 11% |
| HOA | $0 | $0 | 50% |
| Days on market | 40 | 177 | 3% |
Mar 13, 2026
$379,000
Initial Listing
Aug 15, 2025
$379,000
Public Record
Jul 27, 2005
$292,000
Public Record
Jul 24, 2002
$184,000
Public Record
Apr 16, 2002
$134,000
Public Record
Aug 15, 2000
$115,000
Public Record