
Chico, California 95928
This Fully Renovated Creekside Residence is a Strong Value Opportunity, listed at $469,000—positioned well below the $511,305 Fair Market Value by 8%. This valuation gap provides $42,305 in Instant Equity for the incoming buyer. Boasting an Excellent Condition Rating, the home features a 2026 Roof and HVAC system, new oak flooring, and a private deck overlooking Little Chico Creek. Located in the Chico Unified district just blocks from downtown and Chico State, it balances natural serenity with high rental demand. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 505 W 9th Street Subject | $469,000* List Price | 4 | 2 | 1,552 | $329 | - |
A 324 W 16th Street Sold | $435,000 | 4 | 2 | 1,132 | $384 | 0.5 mi |
B 1805 Hemlock Street Sold | $474,575 | 3 | 3 | 1,522 | $312 | 0.8 mi |
C 1805 Hemlock Street Sold | $474,575 | 0 | 0 | 1,522 | $312 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1950, the property has undergone an extensive and complete renovation within the last year. Key upgrades include a brand-new roof and HVAC system (2026), new windows, and new oak flooring throughout. The kitchen is fully modernized with new cabinetry, butcher block countertops, and stainless steel appliances, while the bathrooms feature new tile work, vanities, and fixtures. The home meets the 'excellent' criteria as all major components are new or virtually new with no deferred maintenance.
Situated less than a mile from Chico State University and blocks from downtown, this property offers exceptional convenience and high rental potential in a sought-after area.
The home features a brand-new roof and HVAC system completed in 2026, along with new windows and oak flooring, significantly reducing near-term maintenance costs for the buyer.
The property boasts a private deck overlooking Little Chico Creek with direct Greenway access, offering a unique blend of natural beauty and urban convenience.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4356, other record lot size in square feet = 435.
The property was recently sold within the past year on 2025-07-31. The sold price is $180,000.00.
With a lot size of approximately 4,356 square feet, outdoor space is limited, which may be a drawback for buyers seeking a large yard or significant gardening space.
Welcome to 505 W 9th Street—a move-in ready 4-bedroom, 2-bath home in one of Chico’s most sought-after and convenient locations. Inside, an open-concept layout showcases new oak flooring, abundant natural light from brand-new windows, and a seamless connection between living, dining, and kitchen spaces—perfect for both everyday living and entertaining. The kitchen features stainless steel appliances and a clean, modern design that feels both functional and inviting. Thoughtfully updated and modern, the home includes a new HVAC system and roof completed in March 2026, offering comfort and peace of mind for years to come. A dedicated laundry room, generously sized bedrooms, and a true primary suite enhance the home’s livability. Step outside to a private back deck overlooking Little Chico Creek, where mature trees provide a tranquil, shaded backdrop. With direct access to the Little Chico Creek Greenway, the setting offers a unique blend of natural beauty and in-town convenience. Located just 0.8 miles from Chico State University and only blocks from downtown Chico, this home places you close to shopping, dining, and campus life while enjoying a serene, creekside setting.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 70% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,552 | 1,640 | 44% |
| Lot Size | 4,356 | 6,969.8 | 20% |
| Price | $469.0K | $466.5K | 52% |
| Price per sq ft | $302 | $295 | 58% |
| Built year | 1950 | 1993 | 28% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 166 | 1% |
Apr 17, 2026
$469,000
Initial Listing
Jul 31, 2025
$180,000
Public Record
Mar 28, 2025
$65,000
Public Record