1761 Elm Street, Chico, California 95928, Chico, 95928 - 3 bed, 2 bath
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Chico, California 95928
This Spacious Single Family Residence is a Strong Value Opportunity, listed at $439,000—positioned well below the $473,719 Fair Market Value by 7%. This valuation gap offers $34,719 in Instant Equity for the buyer. The property maintains a Condition Rating of 3, featuring recent cosmetic refreshes and solar panels. With a versatile bonus room and an oversized detached garage with workshop, it offers significant functional utility. This is an ideal acquisition for Owner-Occupants seeking lifestyle convenience or first-time buyers looking for long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1761 Elm Street Subject | $429,000* List Price | 3 | 2 | 1,667 | $263 | - |
A 1805 Hemlock Street Sold | $474,575 | 3 | 3 | 1,522 | $312 | 0.2 mi |
B 1871 Auburn Oak Way Sold | $404,500 | 3 | 2 | 1,316 | $307 | 0.7 mi |
C 1422 Ridgebrook Way Sold | $429,500 | 3 | 2 | 1,544 | $278 | 1.0 mi |
D 951 Cleveland Avenue Sold | $345,000 | 3 | 3 | 1,062 | $325 | 0.2 mi |
E 370 Yarrow Drive Active | $435,000 List Price | 3 | 2 | 1,585 | $274 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1996 (28 years old), the home has been recently refreshed with new paint, carpet, and modern light fixtures/fans. While the bathroom cabinetry and countertops appear to be original 90s oak and laminate, the overall condition is well-maintained and move-in ready. The addition of solar panels and a clean exterior elevates it above a 'Fair' rating despite the dated core components.
The inclusion of a versatile bonus room allows for a variety of uses such as a home office, gym, or media room, providing significant functional value for modern families.
The oversized detached garage featuring a dedicated workshop room offers exceptional space for hobbies, storage, or DIY projects, a rare find in this price point.
Located just down the street from a new community splash pad and park, the property offers excellent lifestyle convenience and appeal for families with children.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1667, other record living area = 1469.
With a lot size of 5,662 square feet and a large detached garage, the remaining private outdoor space may feel constrained for those desiring a large backyard.
Built in 1996, the property is approaching a 30-year milestone where major components like the roof or HVAC may require evaluation or upcoming capital investment.
Fresh and filled with great vibes, this adorable 3 bedroom, 2 bathroom home is truly a happy house from the moment you pull into the drive. Recently refreshed and centrally located, it sits just down the street from the new community splash pad and park, making it the perfect place to enjoy both comfort and convenience. The charming screened-in front porch sunroom is ideal for sipping coffee or tea, offering a warm and welcoming place to relax and enjoy the day. With a wonderful flow and inviting energy throughout, this home offers a flexible bonus room ready to become whatever your family needs most, from a second living room or game room to a gym, office, playroom, or movie room; you decide! An oversized detached garage with a workshop room adds even more value and functionality for projects, storage, or extra space to spread out. This is a home that feels good the moment you arrive, with a vibe that makes everyday living easy and enjoyable.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,667 | 1,670 | 50% |
| Lot Size | 5,662 | 6,970 | 27% |
| Price | $429.0K | $477.0K | 35% |
| Price per sq ft | $257 | $301 | 15% |
| Built year | 1996 | 1991 | 59% |
| HOA | $0 | $0 | 50% |
| Days on market | 29 | 144 | 2% |
Jun 8, 2026
$429,000
$439,000
-2% Price Drop
Initial Listing
May 18, 2026
$439,000
Initial Listing