16 Niagara, Chico, California 95928, Chico, 95928 - 4 bed, 2 bath
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16 Niagara
Chico, California 95928
ACTIVE
CONDITION: POOR
4Beds
2Baths
1,645Sq Ft
10,019Lot Size
Property Price
LIST PRICE$364,900
EST. MARKET VALUE
$379,900
3% BelowMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $379,900—positioned well below the $394,069 Fair Market Value by 3%. This valuation gap offers $14,169 in Instant Equity for buyers willing to execute a renovation plan. With a Condition Rating of 5, the home requires significant modernization, yet the 10,019 sqft lot and functional open floorplan provide a solid foundation for value-add improvements. This is a high-reward acquisition ideal for Fix-and-Flip Investors or Contractors seeking a project in the Chico Unified district.
Estimated Market Value
$379,900+$15,000 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 |
|---|---|---|---|---|---|---|
★ 16 Niagara Subject 4 bd · 2 ba · 1,645 sqft · $231 | $364,900* List Price | 4 | 2 | 1,645 | $231 | - |
A 23 Betsey Way Sold 3 bd · 2 ba · 1,730 sqft · $260 · 0.7 mi | $450,000 | 3 | 2 | 1,730 | $260 | 0.7 mi |
B 2154 Talbert Sold 3 bd · 2 ba · 1,610 sqft · $277 · 0.4 mi | $445,250 | 3 | 2 | 1,610 | $277 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1978 with no apparent updates, this property fits the criteria for a full rehab. The interior features heavily stained carpeting, popcorn ceilings, and a dated kitchen that is missing appliances. The listing description explicitly targets investors and flippers, confirming the need for significant modernization and repair.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10019, living area = 1645.
- Generous Living Space
Featuring 4 bedrooms and a functional open floorplan across 1,645 square feet, this home provides a versatile layout suitable for families and entertaining.
- Substantial Lot Size
The property sits on a large 10,019 square foot lot with covered outdoor areas, offering significant room for landscaping, storage, or future exterior improvements.
CONSRISKS & DEFICIENCIES
- Significant Updating Required
The home is noted as needing TLC and modernization throughout, which will require an immediate and potentially large capital investment from the buyer.
- Dated Infrastructure
Built in 1978 and requiring updates, the property likely lacks modern energy-efficient features and contemporary finishes found in newer or renovated homes in the area.
About 16 Niagara
Bring Your Vision To This Spacious 4 Bedroom, 2 Bath Home With Plenty Of Potential To Add Value And Make It Your Own! This Spacious Property Features A Functional Open Floorplan With A Generous Kitchen And Dining Area That Opens To The Great Room, Creating A Versatile Space For Everyday Living And Entertaining. The Home Offers A Well-Laid-Out Floorplan With Plenty Of Room To Modernize And Customize To Your Vision. Outside, The Property Provides A Spacious Yard And Additional Covered Areas, Offering Plenty Of Potential For Outdoor Living, Storage, Or Future Improvements. The Home Needs TLC And Updating, Making It An Ideal Opportunity For Investors, Flippers, Or Buyers Looking To Build Equity Through Improvements. Bring Your Vision, Roll Up Your Sleeves, And Unlock The Potential This Property Has To Offer!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1978
- Lot Size
- 10,019 Sq. Ft.
Interior
- Total Bedrooms
- 4
- 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 | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,645 | 1,720.576 |
| Lot Size | 10,019 | 7,994.042 |
| Price | $364.9K | $487.0K |
| Price per sq ft | $222 | $303 |
| Built year | 1978 | 1992 |
| HOA | $0 | $154 |
| Days on market | 36 | 56 |
Pricing History
Listed for Sale
Sep 26, 2026
$364,900
$379,900
-4% Price Drop
Initial Listing
Price Change
Sep 18, 2026
$379,900
Initial Listing