2820 Pennyroyal, Chico, California 95928, Chico, 95928 - 2 bed, 2 bath
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2820 Pennyroyal
Chico, California 95928
ACTIVE
CONDITION: GOOD
2Beds
2Baths
904Sq Ft
871Lot Size
Property Price
LIST PRICE$219,000
EST. MARKET VALUE
$218,601
SUMMARY
This Turnkey Condominium is a Strong Value Opportunity, listed at $229,000—positioned slightly above the $223,352 Fair Market Value. While the price reflects a premium, the property features a Condition Rating of 3, highlighted by a brand new roof, fresh paint, and updated laminate flooring. Located in the desirable Windmill Falls neighborhood, this home offers immediate access to Bidwell Park and local hiking trails. It is an ideal, low-maintenance sanctuary for first-time buyers or owner-occupants seeking a move-in ready lifestyle in a prime Chico location.
Estimated Market Value
$218,601
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 |
|---|---|---|---|---|---|---|
★ 2820 Pennyroyal Subject 2 bd · 2 ba · 904 sqft · $242 | $219,000* List Price | 2 | 2 | 904 | $242 | - |
A 2849 Pennyroyal Sold 2 bd · 2 ba · 1,103 sqft · $236 · 0.0 mi | $260,000 | 2 | 2 | 1,103 | $236 | 0.0 mi |
B 2908 Pennyroyal Sold 2 bd · 2 ba · 904 sqft · $248 · 0.1 mi | $224,500 | 2 | 2 | 904 | $248 | 0.1 mi |
C 2887 Pennyroyal Dr Sold 1 bd · 1 ba · 715 sqft · $301 · 0.1 mi | $215,000 | 1 | 1 | 715 | $301 | 0.1 mi |
D 26 Sierra Lakeside Lane Sold 2 bd · 2 ba · 1,146 sqft · $227 · 0.7 mi | $260,000 | 2 | 2 | 1,146 | $227 | 0.7 mi |
E 2932 Pennyroyal Drive Active 2 bd · 2 ba · 904 sqft · $264 · 0.0 mi | $239,000 List Price | 2 | 2 | 904 | $264 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 1985 but exceptionally well-maintained, featuring a brand new roof, fresh interior paint, and updated laminate flooring. The property is functional, clean, and completely move-in ready, demonstrating strong pride of ownership.
PROSSTRENGTHS & OPPORTUNITIES
- Recent Capital Improvements
The property features a brand-new roof and fresh interior paint, offering immediate peace of mind and reducing near-term maintenance expenses for the new owner.
- Prime Location & Accessibility
Situated in the desirable Windmill Falls neighborhood, the home provides excellent proximity to Bidwell Park, hiking trails, and local lakes, catering to an active lifestyle.
- Turnkey Value
This move-in-ready unit includes essential appliances like a refrigerator, washer, and dryer, combined with an open floor plan and abundant natural light.
CONSRISKS & DEFICIENCIES
- High Monthly Carrying Costs
The association fee of $465 per month is significant relative to the listing price, which may impact the overall debt-to-income ratio for prospective buyers.
- Compact Living Area
With only 904 square feet of living space, the interior layout is relatively small for a two-bedroom configuration, potentially limiting appeal for those needing more room.
About 2820 Pennyroyal
Welcome Home !!! She's a beauty !! This very popular Windmill Falls neighborhood is close to just about everything !! lakes, hiking trails, and even not far from Bidwell Park ! A brand new roof and fresh paint, open floor plan and windows galore !! This relaxed and easy living shows pride of ownership! Sit on the front fenced porch/court yard and listen for the birds and hear the breeze in the trees - ahhhh, this just could be what you've been waiting for !! This is NOT a 55 and older community, all ages are welcome ! The appliances refrigerator, washer, and the dryer are also included with this one !!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1985
- Lot Size
- 871 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $465.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.7 |
| Baths | 2.0 | 2.0 |
| Square foot | 904 | 1,163 |
| Lot Size | 871 | 1,161.5 |
| Price | $219.0K | $243.0K |
| Price per sq ft | $242 | $206 |
| Built year | 1985 | 1982 |
| HOA | $465.0 | $499 |
| Days on market | 46 | 58 |
Pricing History
Listed for Sale
Oct 7, 2026
$219,000
$229,000
-4% Price Drop
Initial Listing
Price Change
Sep 8, 2026
$229,000
Initial Listing
Sold
Dec 4, 2015
$145,000
Public Record
Sold
Jun 22, 2005
$217,000
Public Record
Sold
Jun 29, 2001
$105,000
Public Record