
Chico, California 95928
This Spacious Traditional Home is a Strong Value Opportunity, listed at $349,500—positioned well below the $353,151 Fair Market Value by 1%. This valuation gap offers $3,651 in Instant Equity. The property maintains a Condition Rating of 4, featuring refinished hardwoods and a large covered deck on a 0.21-acre lot. While the single-bath layout requires consideration, the detached garage and mature orchard provide significant utility. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a value-add property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1335 Martin St Subject 3 bd · 1 ba · 1,288 sqft · $274 | $349,500* List Price | 3 | 1 | 1,288 | $274 | - |
A 754 E 8th Sold 3 bd · 2 ba · 1,387 sqft · $327 · 0.5 mi | $453,000 | 3 | 2 | 1,387 | $327 | 0.5 mi |
B 1193 Olive Street Sold 3 bd · 2 ba · 1,512 sqft · $225 · 0.5 mi | $340,000 | 3 | 2 | 1,512 | $225 | 0.5 mi |
C 573 E 19th Sold 3 bd · 2 ba · 1,063 sqft · $309 · 0.4 mi | $328,000 | 3 | 2 | 1,063 | $309 | 0.4 mi |
D 23 Betsey Way Sold 3 bd · 2 ba · 1,730 sqft · $260 · 1.0 mi | $450,000 | 3 | 2 | 1,730 | $260 | 1.0 mi |
E 1640 Hemlock Street Sold 2 bd · 1 ba · 974 sqft · $318 · 0.5 mi | $310,000 | 2 | 1 | 974 | $318 | 0.5 mi |
F 782 E 8th Sold 2 bd · 1 ba · 1,080 sqft · $334 · 0.5 mi | $360,725 | 2 | 1 | 1,080 | $334 | 0.5 mi |
G 1761 Elm Street Sold 3 bd · 2 ba · 1,667 sqft · $222 · 0.3 mi | $370,000 | 3 | 2 | 1,667 | $222 | 0.3 mi |
H 858 Cleveland Avenue Pending 3 bd · 1 ba · 1,108 sqft · $279 · 0.2 mi | $309,000 List Price | 3 | 1 | 1,108 | $279 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1910, the home has received recent cosmetic updates including fresh paint and refinished original hardwoods. However, the kitchen features dated tile countertops and oak cabinetry consistent with a renovation from over 20 years ago. While move-in ready, the age of the structure and dated finishes in key areas like the kitchen and the single bathroom indicate a need for modernization.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9147, living area = 1288.
Built in 1910, this home perfectly balances original character with modern updates, featuring freshly painted interiors and exteriors, beautifully refinished original hardwood floors, and updated stainless steel appliances.
The nearly quarter-acre lot is a standout feature, offering a fully fenced backyard, a large covered deck for entertaining, and a diverse private orchard with mature cherry, citrus, and pomegranate trees.
With three bedrooms but only one bathroom, the home's layout may be less convenient for larger families or those accustomed to modern multi-bath configurations.
Given the home's 1910 construction date, buyers should anticipate the ongoing maintenance and potential infrastructure updates typically associated with century-old properties.
Affordable Opportunity on a Spacious Corner 0.21-Acre Lot! This charming home offers an excellent opportunity for a first-time home buyer or investor looking for value, character, and plenty of outdoor space. The interior and exterior have just been freshly painted, and the original hardwood floors have been beautifully refinished, giving the home a clean, refreshed feel while preserving its original charm. Other updates include a brand new hot water heater, dual paned windows, and new mini blinds. A wood burning stove in the dining room adds warmth to family gatherings around the dinner table. The nearly quarter-acre, fully fenced backyard is a true highlight, featuring mature landscaping, a large lush lawn, and a large covered backyard deck—perfect for outdoor dining. Mature fruit trees includes two varieties of cherry, lime, key lime, pomegranate, orange, mandarin, pear and banana. A detached garage with built-in workbench, additional storage shed, and a large rear gate provide plenty of flexibility for parking, projects, storage, and outdoor equipment. The gated access allows you to pull vehicles, travel trailers, or other equipment into the backyard with ease. Conveniently located just blocks from schools, the Dorothy Johnson Community Center, Chapman Park, and Community Park, this property offers a great combination of affordability, space, and convenience. With its generous lot, established landscaping, flexible outdoor space, and original character, this home is an opportunity worth seeing today!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,288 | 1,720.576 |
| Lot Size | 9,147.6 | 7,994.042 |
| Price | $349.5K | $487.0K |
| Price per sq ft | $271 | $303 |
| Built year | 1910 | 1992 |
| HOA | $0 | $154 |
| Days on market | 25 | 56 |
Sep 29, 2026
$349,500
Initial Listing
Sep 30, 2005
$157,000
Public Record
Apr 4, 2005
$60,000
Public Record
Feb 10, 2000
$54,000
Public Record