2220 Mariposa Avenue, Chico, California 95926, Chico, 95926 - 4 bed, 2 bath
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2220 Mariposa Avenue
Chico, California 95926
ACTIVE
CONDITION: FAIR
4Beds
2Baths
1,782Sq Ft
7,405Lot Size
Property Price
LIST PRICE$430,000
EST. MARKET VALUE
$435,000
SUMMARY
This Spacious Single Family Residence represents a High-Potential Investment Opportunity, listed at $435,000—positioned well below the $447,640 Fair Market Value by 2%. This valuation gap provides $12,640 in Instant Equity. Featuring a Condition Rating of 4, the home offers a modern 5-year-old HVAC and Granite Kitchen countertops, while allowing for cosmetic personalization. Located near top-rated schools and Wildwood Park, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term value.
Estimated Market Value
$435,000
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 |
|---|---|---|---|---|---|---|
★ 2220 Mariposa Avenue Subject | $430,000* List Price | 4 | 2 | 1,782 | $244 | - |
A 886 Lynn Lane Sold | $454,000 | 4 | 2 | 1,803 | $252 | 0.5 mi |
B 12 Jean Lane Sold | $450,000 | 3 | 2 | 1,577 | $285 | 0.1 mi |
C 1288 Palmetto Avenue Sold | $404,000 | 4 | 2 | 1,451 | $278 | 0.6 mi |
D 1688 Park View Sold | $450,000 | 3 | 2 | 1,747 | $258 | 1.0 mi |
E 9 Mione Sold | $420,000 | 3 | 3 | 1,430 | $294 | 0.3 mi |
F 78 Ceres Circle Sold | $400,000 | 3 | 3 | 1,892 | $211 | 0.6 mi |
G 9 Trieste Way Sold | $485,000 | 3 | 2 | 1,701 | $285 | 0.6 mi |
H 1280 Calla Lane Sold | $415,000 | 4 | 2 | 1,412 | $294 | 0.1 mi |
I 923 Moss Avenue Active | $449,000 List Price | 3 | 2 | 1,774 | $253 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1964, the home is functional but dated. While the HVAC system is excellent (5 years old) and the kitchen has been updated with granite countertops, the cabinetry, popcorn ceilings, and visible wear on the interior doors suggest the main renovations are 15-25 years old. The property requires minor cosmetic repairs and landscaping to reach modern standards.
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 = 7405, living area = 1782.
- Prime Location
Situated in a highly desirable, quiet neighborhood near top-rated schools, Wildwood Park, and local shopping, offering excellent convenience for families.
- Versatile Bonus Space
Features a unique bonus room with electricity and HVAC connectivity, providing flexible space for a home office, gym, or studio beyond the four standard bedrooms.
CONSRISKS & DEFICIENCIES
- Vintage Construction
Built in 1964, the property may require ongoing maintenance or updates to older systems typical of homes from this era despite recent cosmetic improvements.
- Corner Lot Exposure
As a corner property, it faces increased street frontage which may result in higher traffic visibility and noise compared to interior neighborhood lots.
About 2220 Mariposa Avenue
Do not miss this opportunity to own this spacious and rare (4) bedroom and (2) bathroom home located in a well desired and quiet location. This home sits just under 1800 SQFT. This corner home is located near shopping centers, restaurants, Pleasant Valley High School, Marigold Elementary School, Wildwood Park, and Bidwell Junior High School. The exterior features a beautifully landscaped lawn, a front yard sprinkler system, a fully fenced front and back yard for privacy, and a (5) year old HVAC system. The back yard further features a large back patio perfect for barbecues and or hosting. As you walk through the interior of the home you will be greeted with a beautiful kitchen that has beautiful granite counter tops, and a living room with laminate flooring, and hand made book shelves which is perfect for all readers that wish to read a book while in the comfort of their living room. Furthermore, this home features (4) spacious bedrooms and all with spacious closets. Additionally, this home features a bonus room near the garage that has electricity, connected to the HVAC unit, and can be used as a loft, office, or exercise room.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1964
- Lot Size
- 7,405 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 | 1,782 | 1,721.208 |
| Lot Size | 7,405 | 8,138.524 |
| Price | $430.0K | $494.6K |
| Price per sq ft | $241 | $304 |
| Built year | 1964 | 1992 |
| HOA | $0 | $166 |
| Days on market | 19 | 54 |
Pricing History
Listed for Sale
Sep 5, 2026
$430,000
$435,000
-1% Price Drop
Initial Listing
Price Change
Aug 21, 2026
$435,000
Initial Listing
Sold
Aug 2, 2017
$283,000
Public Record
Sold
Apr 9, 2014
$198,000
Public Record