
Chico, California 95973
This Value-Add Residential Asset is listed at $355,000, positioned near its $333,279 Fair Market Value, reflecting the price stability of the North Chico market. Boasting a Condition Rating of 4, the home features original 1985 finishes and dated infrastructure, presenting a clear opportunity for forced appreciation through cosmetic renovations. Highlights include vaulted ceilings, a spacious backyard with mature citrus trees, and a private patio. Situated in the Chico Unified School District, this property is a strategic acquisition for Buy-and-Hold Investors or first-time buyers looking to build equity through modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2744 Ceres Avenue Subject | $355,000* List Price | 3 | 2 | 1,039 | $321 | - |
A 16 Silkwood Sold | $385,000 | 3 | 2 | 1,077 | $357 | 0.3 mi |
B 64 Lexington Drive Sold | $390,000 | 3 | 2 | 1,374 | $284 | 0.1 mi |
C 73 Artesia Sold | $410,000 | 3 | 2 | 1,302 | $315 | 0.5 mi |
D 2754 Ceres Avenue Pending | $365,000 List Price | 3 | 2 | 1,039 | $351 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1985, the property is well-maintained but largely in its original condition. The kitchen and bathrooms feature dated cabinetry, laminate countertops, and older appliances that, while functional, show significant stylistic age. The flooring consists of older carpeting and tile, and the overall infrastructure requires cosmetic and functional updates to meet modern standards.
The spacious backyard features established lemon and orange trees along with grapevines, offering a unique and productive outdoor retreat that is rare at this price point.
Vaulted ceilings and abundant windows throughout the living areas create an airy, light-filled atmosphere that makes the home feel more expansive than its footprint suggests.
Situated in a quiet North Chico neighborhood, the property offers a prime location known for its residential tranquility while remaining close to local amenities.
At 1,039 square feet for a three-bedroom, two-bathroom layout, the interior proportions may feel restrictive for larger families or those requiring significant storage.
Built in 1985 and featuring original-style amenities like an electric range, the home likely requires cosmetic and functional updates to meet modern efficiency and design standards.
Tucked away in a quiet North Chico neighborhood, this 3-bedroom, 2-bathroom home offers an excellent opportunity to step into homeownership. Inside, you’ll find vaulted ceilings, abundant windows that fill the space with natural light, and a spacious living area perfect for cozy movie nights or gathering with loved ones. The kitchen is designed with everyday living in mind, featuring generous counter space, ample cabinetry for all your essentials, an electric range for easy meal prep, and a convenient dining area just off the kitchen—ideal for hosting friends and family. The primary bedroom provides a comfortable retreat with a well-sized closet and a private en suite bathroom to simplify your daily routine. Additional highlights include ceiling fans throughout, two generously sized guest bedrooms, and an attached two-car garage. Step outside to a spacious backyard ready for entertaining, complete with a patio area for barbecues, plenty of lawn space for outdoor activities or pets to enjoy, and mature lemon and orange trees along with grapevines—perfect for enjoying fresh, homegrown fruit right at home. Located in desirable North Chico, this home blends comfort, functionality, and location—making it a wonderful place to call your own. Don’t miss out on this opportunity!
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 | 1,039 | 1,712 | 5% |
| Lot Size | 5,663 | 8,020.5 | 31% |
| Price | $355.0K | $488.5K | 6% |
| Price per sq ft | $342 | $302 | 86% |
| Built year | 1985 | 2001 | 24% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 180 | 1% |
Apr 17, 2026
$355,000
Initial Listing
Sep 17, 2002
$159,000
Public Record
Aug 9, 2000
$117,000
Public Record