1412 N Cherry 2, Chico, California 95926, Chico, 95926 - 3 bed, 2 bath
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Chico, California 95926
This condominium presents a Prime Investment Opportunity with a List Price of $205,000—positioned well below the $210,631 Fair Market Value by 2%. This valuation gap offers $5,631 in Instant Equity. Featuring a Condition Rating of 4, the unit includes updated flooring and countertops alongside a private balcony with tree views. Its proximity to CSU Chico ensures high rental demand, making this an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a low-maintenance, centrally located asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1412 N Cherry 2 Subject | $205,000* List Price | 3 | 2 | 960 | $219 | - |
A 1114 Nord Avenue 11 Sold | $197,000 | 3 | 2 | 960 | $205 | 0.4 mi |
B 1114 Nord Avenue 8 Sold | $209,000 | 3 | 2 | 960 | $218 | 0.4 mi |
C 1244 Magnolia 9 Sold | $205,670 | 3 | 2 | 960 | $214 | 0.5 mi |
D 1114 Nord Active | $230,000 List Price | 3 | 2 | 960 | $240 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1982 (42 years old), the property falls into the >20y category. While it features recent cosmetic updates like vinyl plank flooring and stone countertops, the kitchen cabinets appear original, and popcorn ceilings remain throughout. The unit is functional and move-in ready but remains dated in key areas.
Situated in the desirable Avenues neighborhood, the property is minutes from CSU Chico, downtown, and Bidwell Park, making it highly attractive for students and professionals.
The home features updated flooring, countertops, and dual-pane vinyl windows, providing a move-in-ready aesthetic and improved energy efficiency.
With a 3-bedroom layout priced at $205,000 in a high-demand rental market, this property offers excellent potential for cash flow or affordable homeownership.
At only 960 square feet for a three-bedroom unit, the interior layout may feel restrictive for larger households or those desiring spacious common areas.
As a condominium with a very small lot footprint, outdoor utility is limited primarily to a private balcony, which may not suit buyers looking for yard space.
Tucked into Chico’s desirable Avenues neighborhood, this inviting condominium offers comfort, convenience, and an ideal location just moments from California State University, Chico, downtown dining and shopping, Bidwell Park, and the historic Bidwell Mansion. Featuring 3 bedrooms and 2 bathrooms, the home showcases an open-concept layout filled with natural light, updated flooring and countertops, dual-pane vinyl windows, and a sliding glass door leading to a private balcony retreat. The thoughtfully designed floor plan creates a comfortable flow for both everyday living and entertaining, while the surrounding tree-lined neighborhood captures the charm and character Chico is known for. Conveniently located near schools, parks, biking routes, and local amenities, this property offers an excellent opportunity for homeowners, students, or investors seeking low-maintenance living in a prime central location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 54% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 960 | 960 | 50% |
| Lot Size | 871 | 871 | 50% |
| Price | $205.0K | $226.0K | 23% |
| Price per sq ft | $214 | $224 | 31% |
| Built year | 1982 | 1978 | 54% |
| HOA | $0 | $465 | 8% |
| Days on market | 24 | 142 | 8% |
May 13, 2026
$205,000
Initial Listing
Jan 2, 2024
$190,000
Public Record
Jan 17, 2020
$125,000
Public Record
Jun 14, 2007
$157,000
Public Record
Jun 22, 2004
$130,000
Public Record