106 Degarmo Drive, Chico, California 95973, Chico, 95973 - 3 bed, 2 bath
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106 Degarmo Drive
Chico, California 95973
ACTIVE
CONDITION: GOOD
3Beds
2Baths
1,447Sq Ft
3,920Lot Size
Property Price
LIST PRICE$399,000
EST. MARKET VALUE
$415,466
3% BelowMARKET VALUE
SUMMARY
This 2013-built residence presents a High-Potential Investment Opportunity with a List Price of $399,000—positioned well below the $415,467 Fair Market Value by 3%. This valuation gap offers $16,467 in Instant Equity for buyers. Featuring a Good Condition Rating, the home requires minor cosmetic updates to maximize its value. Located near DeGarmo Park, this property is an ideal Buy-and-Hold Investor asset or a project for first-time buyers seeking to build equity through sweat equity.
Estimated Market Value
$415,466+$16,466 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 106 Degarmo Drive Subject 3 bd · 2 ba · 1,447 sqft · $287 | $399,000* List Price | 3 | 2 | 1,447 | $287 | - |
A 56 Bentwater Loop Sold 3 bd · 2 ba · 1,313 sqft · $343 · 0.1 mi | $450,000 | 3 | 2 | 1,313 | $343 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 2013, the property is approximately 11 years old, placing it in the 'Good' category. While the listing notes a need for cosmetic updates, minor drywall repairs, and cleanup, the home features modern systems, solar panels, and functional kitchen/bath fixtures that do not yet require full replacement.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Recreational Location
The property is ideally situated near DeGarmo Park and the upcoming Chico Aquatic & Recreation Center, offering residents immediate access to sports fields, playgrounds, and premium outdoor amenities.
- Modern Construction
Built in 2013, this home features contemporary building standards and systems, providing a more efficient and reliable foundation compared to older inventory in the Chico market.
- Value-Add Potential
Priced competitively for the neighborhood, this property offers a significant opportunity for buyers or investors to build immediate equity through minor cosmetic updates and landscaping.
CONSRISKS & DEFICIENCIES
- Deferred Maintenance
The home requires immediate investment in interior paint, drywall repairs, and general cleanup, which may deter buyers looking for a turnkey, move-in-ready residence.
- Limited Outdoor Space
With a lot size of approximately 3,920 square feet, the backyard is relatively compact, which may be a drawback for those seeking extensive private outdoor living or gardening space.
About 106 Degarmo Drive
OPPORTUNITY KNOCKS IN NORTH CHICO! Welcome to 106 DeGarmo Drive, a fantastic opportunity to own a 3-bedroom, 2-bathroom home offering approximately 1,447 square feet in a desirable Chico neighborhood! Whether you're an investor searching for your next project or a buyer looking to build equity through improvements, this property offers incredible potential. The home is ready for some cosmetic updates, including interior paint, minor drywall repairs, general cleanup, and a little attention to the backyard. Bring your vision, add your personal touches, and transform this property into something special! Location is a major highlight, with nearby DeGarmo Park offering walking paths, playgrounds, sports fields, and outdoor recreation. Golf enthusiasts will appreciate the exciting new Beyond Golf Chico facility, featuring a 9-hole par-3 course designed for short-game fun. The new Chico Aquatic & Recreation Center is also being developed nearby, bringing even more recreational opportunities to North Chico. With a sought-after location, exciting neighborhood amenities, and an attractive price point, this is your chance to unlock the potential of a home with plenty of possibilities. Priced to sell — don't miss this opportunity!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2013
- Lot Size
- 3,920 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 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 | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,447 | 1,720.576 |
| Lot Size | 3,920 | 7,994.042 |
| Price | $399.0K | $487.0K |
| Price per sq ft | $276 | $303 |
| Built year | 2013 | 1992 |
| HOA | $0 | $154 |
| Days on market | 9 | 56 |
Pricing History
Listed for Sale
Oct 15, 2026
$399,000
Initial Listing
Sold
Aug 20, 2013
$230,000
Public Record