1058 Stevie Joe, Chico, California 95926, Chico, 95926 - 4 bed, 3 bath
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1058 Stevie Joe
Chico, California 95926
ACTIVE
CONDITION: FAIR
4Beds
3Baths
2,245Sq Ft
13,504Lot Size
Property Price
LIST PRICE$465,000
EST. MARKET VALUE
$465,000
SUMMARY
This Hybrid Income-Generating Property is a Strong Value Opportunity, listed at $475,000—positioned at its $475,000 Fair Market Value. While the home requires modernization, its Condition Rating of 4 is offset by a durable lifetime roof and a versatile studio unit perfect for rental income. The expansive .31-acre lot and proximity to Bidwell Park provide significant lifestyle appeal. This property is an ideal acquisition for Buy-and-Hold Investors seeking a house-hack or Owner-Occupants looking to build equity through cosmetic updates.
Estimated Market Value
$465,000
Based on Realkey algorithm analyzing recent comparable sales in Chico.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1058 Stevie Joe Subject | $465,000* List Price | 4 | 3 | 2,245 | $207 | - |
A 1474 Hawthorne Avenue Sold | $433,570 | 4 | 2 | 1,794 | $242 | 0.8 mi |
B 1339 Laburnum Avenue Active | $539,000 List Price | 5 | 4 | 2,135 | $252 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1953, the home features a significantly dated kitchen with older oak cabinetry and tile countertops likely exceeding 25 years in age. While the property benefits from a 'lifetime' roof and dual-pane windows, the cracked driveway, covered pool, and interior finishes indicate a need for modernization and minor repairs to meet current market standards.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13504, living area = 2245.
- Income Potential
The property features a versatile studio unit with a private entrance, kitchenette, and dedicated climate control, offering a turnkey opportunity for rental income or multi-generational living.
- Prime Location
Situated on a generous 0.31-acre lot just a short distance from Bidwell Park, the home occupies a highly desirable Chico neighborhood known for its proximity to outdoor recreation.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 5.
- Extended Market Stagnation
With 236 days on the market and four consecutive price reductions, the property has struggled to gain traction, which may lead to buyer concerns regarding its initial valuation or underlying demand.
- Potential Pool & Age Maintenance
Built in 1953, the home may require updates to older systems, and the gunite pool is currently covered, potentially necessitating significant inspection or refurbishment costs to return it to service.
About 1058 Stevie Joe
INCOME POTENTIAL! A home that pays you back—live comfortably while the extra unit brings in income! This home offers a rare blend of space, flexibility, and location! Set on a generous .31-acre lot and just a short distance to Bidwell Park, it includes a versatile studio unit in addition to the 3 bedrooms and 2 baths in the main home. The studio—accessed just off the laundry area—features its own bathroom, kitchenette, ductless heating and cooling, and a private entrance to the backyard. The main home includes a durable GERARD “lifetime” roof, oak hardwood floors, dual-pane windows, a gas fireplace, and a fully enclosed sunroom. The primary bedroom features a walk-in closet, and both bathrooms showcase custom tile work with dual shower heads. The fully fenced backyard includes a separately fenced gunite pool (currently professionally covered), several fruit trees, and a private courtyard area—perfect for enjoying the outdoors. With solid features throughout and a highly desirable location, this home is ready to welcome its next owner.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1953
- Lot Size
- 13,504 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,245 | 1,721.208 |
| Lot Size | 13,504 | 8,138.524 |
| Price | $465.0K | $494.6K |
| Price per sq ft | $207 | $304 |
| Built year | 1953 | 1992 |
| HOA | $0 | $166 |
| Days on market | 275 | 54 |
Pricing History
Listed for Sale
Aug 8, 2026
$465,000
$475,000
-2% Price Drop
Initial Listing
Price Change
Apr 22, 2026
$475,000
$499,000
-5% Price Drop
Initial Listing
Price Change
Apr 4, 2026
$499,000
$512,000
-3% Price Drop
Initial Listing
Price Change
Mar 29, 2026
$512,000
$519,000
-1% Price Drop
Initial Listing
Price Change
Mar 12, 2026
$519,000
Initial Listing
Price Change
Dec 8, 2025
$525,000
Initial Listing
Sold
Jun 25, 2025
$512,500
Public Record