
Chico, California 95928
This High-Potential Investment Opportunity is listed at a List Price of $275,000, positioned above the $216,591 Fair Market Value. While the property carries a Fair Condition Rating due to its 1991 build date, it offers unique features including a Private Side Yard and access to a Community Pool. Located just 15 minutes from Chico State, the unit provides strong rental demand for students and faculty. This asset is best suited for Buy-and-Hold Investors or first-time buyers seeking a value-add property in a gated community.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2055 Amanda Way 39 Subject | $275,000* List Price | 3 | 2 | 1,008 | $215 | - |
A 2055 Amanda Way 40 Sold | $290,000 | 3 | 2 | 1,244 | $233 | 0.0 mi |
B 26 Sierra Lakeside Lane Sold | $260,000 | 2 | 2 | 1,146 | $227 | 0.9 mi |
C 2055 Amanda 26 Active | $219,900 List Price | 2 | 1 | 864 | $255 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1991 (35 years old), the property exceeds the 20-year threshold for 'Good.' While described as well-maintained and clean, the age suggests original or dated kitchen, baths, and systems that likely require modern updates, fitting the 'Fair' criteria.
The property is located within a secure gated community that offers residents access to a pool, providing both peace of mind and enhanced lifestyle appeal.
A rare feature for a condominium, this unit includes a private side yard, offering a dedicated outdoor area for relaxation, gardening, or pets.
Conveniently positioned near shopping, freeway access, and just 15 minutes from Chico State University, making it highly attractive for students, faculty, or commuters.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1225, other record lot size in square feet = 871.
At 1,008 square feet for a 3-bedroom configuration, the interior layout may feel cramped, with smaller individual room sizes compared to detached single-family homes.
The $368 monthly HOA fee represents a significant recurring expense that buyers must factor into their monthly budget alongside the mortgage payment.
Welcome to this clean and spacious 3-bedroom, 2-bath condo located in a gated community with great amenities. This well-maintained unit features large bedrooms, a convenient laundry area, and a private side yard perfect for relaxing or enjoying outdoor space. The community also offers a pool for residents to enjoy. Conveniently located near shopping, freeway access, and approximately 15 minutes from Chico State University, this condo offers comfort, convenience, and value. Don’t miss this great opportunity!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 58% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,008 | 1,272 | 17% |
| Lot Size | 1,225 | 1,266 | 50% |
| Price | $275.0K | $285.0K | 42% |
| Price per sq ft | $273 | $263 | 58% |
| Built year | 1991 | 1989 | 67% |
| HOA | $368.0 | $428 | 33% |
| Days on market | 24 | 142 | 8% |
May 21, 2026
$275,000
Initial Listing
Oct 8, 2021
$225,000
Public Record
May 30, 2017
$152,000
Public Record
Sep 21, 2012
$83,000
Public Record
Apr 26, 2006
$189,500
Public Record