1111 Olive, Chico, California 95928, Chico, 95928 - 3 bed, 2 bath
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1111 Olive
Chico, California 95928
ACTIVE
CONDITION: GOOD
3Beds
2Baths
1,200Sq Ft
6,098Lot Size
Property Price
LIST PRICE$369,950
EST. MARKET VALUE
$390,155
5% BelowMARKET VALUE
SUMMARY
This Move-In Ready Single Family Residence is a Strong Value Opportunity, listed at $369,950—positioned well below the $390,155 Fair Market Value by 5%. This valuation gap offers $20,205 in Instant Equity for the buyer. Featuring a Good Condition Rating, the home includes Owned Solar, a Tankless Water Heater, and a Custom Granite Kitchen. Its peaceful Creekside Location provides a unique lifestyle benefit. This property is an ideal acquisition for first-time buyers or Owner-Occupants seeking energy-efficient, low-maintenance living in Chico.
Estimated Market Value
$390,155+$20,205 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 |
|---|---|---|---|---|---|---|
★ 1111 Olive Subject 3 bd · 2 ba · 1,200 sqft · $325 | $369,950* List Price | 3 | 2 | 1,200 | $325 | - |
A 754 E 8th Sold 3 bd · 2 ba · 1,387 sqft · $327 · 0.3 mi | $453,000 | 3 | 2 | 1,387 | $327 | 0.3 mi |
B 782 E 8th Sold 2 bd · 1 ba · 1,080 sqft · $334 · 0.3 mi | $360,725 | 2 | 1 | 1,080 | $334 | 0.3 mi |
C 1162 E 7th Street Sold 3 bd · 1 ba · 1,008 sqft · $370 · 0.5 mi | $372,500 | 3 | 1 | 1,008 | $370 | 0.5 mi |
D 1514 Salem Street Sold 2 bd · 1 ba · 1,008 sqft · $332 · 0.5 mi | $335,000 | 2 | 1 | 1,008 | $332 | 0.5 mi |
E 969 Humboldt Avenue Sold 4 bd · 2 ba · 1,400 sqft · $264 · 0.3 mi | $370,000 | 4 | 2 | 1,400 | $264 | 0.3 mi |
F 1761 Elm Street Sold 3 bd · 2 ba · 1,667 sqft · $222 · 0.4 mi | $370,000 | 3 | 2 | 1,667 | $222 | 0.4 mi |
G 1608 Broadway Sold 3 bd · 2 ba · 1,141 sqft · $337 · 0.5 mi | $385,000 | 3 | 2 | 1,141 | $337 | 0.5 mi |
H 573 E 19th Sold 3 bd · 2 ba · 1,063 sqft · $309 · 0.5 mi | $328,000 | 3 | 2 | 1,063 | $309 | 0.5 mi |
I 667 E 8th Street Pending 2 bd · 1 ba · 1,261 sqft · $337 · 0.2 mi | $425,000 List Price | 2 | 1 | 1,261 | $337 | 0.2 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 2012, this 12-year-old property falls within the 10-20 year range for 'Good' condition. It is well-maintained and move-in ready with a functional kitchen featuring granite countertops and hickory cabinetry, brand-new carpet, and updated systems including owned solar and a tankless water heater.
PROSSTRENGTHS & OPPORTUNITIES
- Energy Efficiency
The home features owned solar panels and a tankless water heater, offering significant long-term utility savings and modern sustainability.
- Creekside Location
Backing directly to Little Chico Creek, the property provides a rare, peaceful natural setting and enhanced privacy compared to standard residential lots.
- Modern Custom Finishes
Built in 2012, the interior is upgraded with high-quality custom hickory cabinetry, granite countertops, and brand-new carpeting, ensuring a move-in-ready experience.
CONSRISKS & DEFICIENCIES
- Compact Square Footage
At 1,200 square feet for a three-bedroom configuration, the interior living areas and bedrooms may feel small or restricted for some buyers.
- Limited Lot Size
The 6,098 square foot lot is relatively small, which limits space for extensive outdoor recreation, gardening, or future property expansions.
About 1111 Olive
Welcome home to this beautifully maintained 3-bedroom, 2-bathroom Chico charmer, built in 2012 and ideally situated on a low-maintenance lot backing to Little Chico Creek. Enjoy the peaceful creekside setting while still being close to everything Chico has to offer. Step inside to a warm and inviting interior featuring classic Saltillo tile, brand-new carpet, and a thoughtfully designed custom kitchen with beautiful hickory cabinetry, granite countertops, and plenty of storage and workspace. Designed with comfort and efficiency in mind, the home features owned solar and a tankless water heater, helping keep energy costs down while adding modern convenience. The two-car garage with built-in shelving provides plenty of room for vehicles, tools, hobbies, and additional storage. Outside, the low-maintenance lot means less time spent on yardwork and more time enjoying the peaceful setting along Little Chico Creek. With its creekside location, owned solar, custom finishes, energy-efficient upgrades, and move-in-ready condition, this home offers a combination that's hard to find. Come experience the charm, comfort, and easy Chico lifestyle this special property has to offer!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2012
- Lot Size
- 6,098 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 | 1,200 | 1,720.576 |
| Lot Size | 6,098 | 7,994.042 |
| Price | $369.9K | $487.0K |
| Price per sq ft | $308 | $303 |
| Built year | 2012 | 1992 |
| HOA | $0 | $154 |
| Days on market | 11 | 56 |
Pricing History
Listed for Sale
Oct 13, 2026
$369,950
Initial Listing
Sold
Mar 1, 2013
$209,000
Public Record
Sold
Jul 17, 2012
$22,500
Public Record
Sold
Sep 29, 2011
$20,000
Public Record
Sold
Jun 1, 2006
$297,000
Public Record