
Chico, California 95926
This 2008-built Single Family Residence is a Strong Value Opportunity, listed at $359,000—positioned well below the $377,561 Fair Market Value by 4%. This valuation gap offers $18,561 in Instant Equity for the buyer. Featuring owned solar, a private patio, and a Good Condition Rating, the home provides a low-maintenance, energy-efficient lifestyle. Its proximity to Chico State and lack of HOA dues make it an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a turnkey, cost-effective property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1304 Purcell Lane Subject | $359,000* List Price | 2 | 2 | 1,172 | $322 | - |
A 1017 Windsor Sold | $365,000 | 3 | 2 | 1,215 | $300 | 0.4 mi |
B 1044 Southampton Sold | $375,000 | 3 | 3 | 1,379 | $272 | 0.5 mi |
C 1041 Raven Active | $439,000 List Price | 3 | 2 | 1,502 | $292 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2008, this 16-year-old property is well-maintained and move-in ready. The interior features fresh paint, laminate flooring, and a brand new front door. While the kitchen and bathrooms appear to have original 2008 cabinetry and finishes, they are functional and clean. The inclusion of owned solar and a low-maintenance yard adds value, fitting the 10-20 year age criteria for a Good rating.
The property features owned solar panels for reduced utility costs and a low-maintenance backyard with pavers and astro turf, ideal for buyers seeking a lock-and-leave lifestyle.
Built in 2008, this home offers a contemporary open floor plan with extra high ceilings, recessed lighting, and a freshly painted interior, ensuring a move-in-ready experience.
Situated in a quiet residential pocket with no HOA dues, the home provides excellent proximity to Chico State, Raley’s supermarket, and the 99 Freeway for maximum convenience.
The property relies on driveway parking and a small storage shed rather than a traditional garage, which may limit secure storage and vehicle protection.
With a lot size of 3,485 square feet, the outdoor space is relatively small, potentially restricting buyers who desire a large garden or significant separation from neighbors.
This 2008 built low maintenance cottage with owned solar is the 2 bedroom/2 bath open floor plan you've been waiting for! No HOA dues in this neighborhood, close enough to Chico State but far enough removed to be in a quiet residential pocket, this property is perfect for those wanting character and low maintenance. As you drive up to this property you will appreciate the covered front porch for sipping morning coffee. Step through the brand new front door where you will find a freshly painted interior, laminate floors, extra high ceilings, and recessed lighting. The kitchen looks out to the living room and offers ample storage and counter space for its size. An interior laundry area with more storage rests right off the kitchen. The guest bathroom is adjacent to the guest bedroom and offers a tub shower combo. The primary bedroom boasts a walk in closet in addition to a standard closet for extra storage and flows into the primary second bathroom. The fully fenced backyard has pavers, a gated dog run area, and some astro turf. The backyard leads to the driveway parking area with a small storage shed. Minutes to Raley's supermarket, the 99 Freeway, Chico State, and more! This home is nicely situated!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 17% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,172 | 1,580 | 20% |
| Lot Size | 3,485 | 7,841 | 9% |
| Price | $359.0K | $445.0K | 19% |
| Price per sq ft | $306 | $294 | 61% |
| Built year | 2008 | 1974 | 94% |
| HOA | $0 | $0 | 50% |
| Days on market | 26 | 126 | 6% |
May 20, 2026
$359,000
Initial Listing
Dec 3, 2018
$325,000
Public Record
Jun 17, 2016
$232,000
Public Record
Jun 5, 2008
$250,000
Public Record