234 W 3rd, Chico, California 95926, Chico, 95926 - 2 bed, 2 bath
Loading property details...
234 W 3rd
Chico, California 95926
ACTIVE
CONDITION: GOOD
2Beds
2Baths
1,155Sq Ft
4,356Lot Size
Property Price
LIST PRICE$450,000
EST. MARKET VALUE
$401,448
12% AboveMARKET VALUE
SUMMARY
This Charming Single Family Residence represents a Strong Value Opportunity, listed at $465,000—positioned above the $405,056 Fair Market Value. While priced at a premium, the property offers a Condition Rating of 3, featuring significant modern updates like Anderson windows and a renovated kitchen. The detached flex space provides a versatile asset for rental income or a home office. Located in the desirable Avenues, this home is an ideal fit for Owner-Occupants seeking a move-in ready lifestyle or first-time buyers prioritizing location and flexibility.
Estimated Market Value
$401,448
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 |
|---|---|---|---|---|---|---|
★ 234 W 3rd Subject | $450,000* List Price | 2 | 2 | 1,155 | $348 | - |
A 119 W 11th Avenue Sold | $399,000 | 2 | 1 | 930 | $429 | 0.6 mi |
B 486 E 5th Avenue Sold | $367,000 | 3 | 2 | 1,059 | $347 | 0.5 mi |
C 236 West 1st Avenue Sold | $367,000 | 3 | 2 | 1,068 | $344 | 0.2 mi |
D 243 W 3rd Avenue Sold | $380,000 | 3 | 2 | 1,261 | $301 | 0.0 mi |
E 1421 Hobart Street Sold | $360,000 | 3 | 2 | 1,248 | $288 | 0.3 mi |
F 1017 Windsor Sold | $365,000 | 3 | 2 | 1,215 | $300 | 1.0 mi |
G 451 Hideaway Sold | $429,000 | 3 | 2 | 1,394 | $308 | 0.9 mi |
H 146 W 7th Avenue Pending | $320,000 List Price | 2 | 1 | 876 | $365 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
While originally built in 1931, the property has undergone significant renovations within the 5-15 year range. The kitchen features modern subway tile and stone countertops, and the bathroom has been updated. With Anderson windows, refinished hardwood floors, and a newer mini-split HVAC system in the flex space, the home is well-maintained and move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Versatile Detached Flex Space
The property features a detached bonus room with a full bathroom and dedicated mini-split HVAC system, offering excellent potential for a home office, guest suite, or rental income.
- Prime Avenues Location
Situated in the heart of Chico's desirable Avenues neighborhood, the home is ideally located near Enloe Medical Center, downtown amenities, and local parks, ensuring strong long-term value.
- Modernized Historic Charm
This 1931 residence blends classic character like hardwood floors and bay windows with high-end modern updates, including Anderson windows and a fully remodeled kitchen and bathroom.
CONSRISKS & DEFICIENCIES
- Limited Primary Living Space
With only two bedrooms and one bathroom in the main house, the layout may be restrictive for growing families or buyers requiring more internal square footage.
- Small Lot Footprint
The 4,356 square foot lot is relatively compact, which limits outdoor recreational space and may not appeal to buyers seeking a large private yard.
About 234 W 3rd
Welcome to 234 W. 3rd Avenue, a Chico charmer tucked into the Avenues neighborhood. This property offers a flexible layout with 2 bedrooms and 1 bathroom in the main home, plus a detached potential ADU space featuring an additional room, full bathroom, and mini-split heating and air system. It adds a fantastic layer of versatility. Inside the main home you will find hardwood floors, Anderson windows, an updated kitchen and bathroom, generous bedrooms and closets (with shelving), fresh ceiling fixtures, and bay-window seat (with hidden storage). A separate sunroom, with laundry connection, is a bonus space to enjoy, as well as the oversized, covered front porch. Outside, the shaded, low-maintenance backyard is a peaceful retreat (especially welcome during Chico summers) along with gutters with guards and a low-water-use landscape. The covered carport with a garage door provides privacy, security, and peace of mind while offering covered parking. Then there’s the location. You’re right in the heart of the Aves, close to Enloe Medical Center and just minutes from neighborhood parks, downtown Chico, and more. Nearby Enloe Park is a sweet bonus for families, with room for kiddos to play and seasonal decorations that make it especially fun around the holidays. Charming, flexible, and wonderfully Chico, 234 W. 3rd Avenue is ready for its next chapter.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1931
- Lot Size
- 4,356 Sq. Ft.
Interior
- Total Bedrooms
- 2
- 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 | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,155 | 1,721.208 |
| Lot Size | 4,356 | 8,138.524 |
| Price | $450.0K | $494.6K |
| Price per sq ft | $390 | $304 |
| Built year | 1931 | 1992 |
| HOA | $0 | $166 |
| Days on market | 30 | 54 |
Pricing History
Listed for Sale
Aug 27, 2026
$450,000
$455,000
-1% Price Drop
Initial Listing
Price Change
Aug 12, 2026
$455,000
$465,000
-2% Price Drop
Initial Listing
Price Change
Aug 10, 2026
$465,000
Initial Listing
Sold
Sep 15, 2023
$417,000
Public Record
Sold
Jul 10, 2009
$240,000
Public Record
Sold
Jul 7, 2004
$285,000
Public Record
Sold
Aug 17, 1999
$115,000
Public Record