
Chico, California 95973
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $399,975—positioned slightly above the $388,732 Fair Market Value. While priced at market, the property features a rare 2.75% assumable FHA loan, offering significant long-term interest savings. With an Excellent Condition Rating (3), the home boasts a Modernized Kitchen with leathered granite and a spacious 8,276 sqft lot. Located in the Chico Unified district, this move-in ready home provides a stable, high-quality lifestyle. It is an ideal acquisition for first-time buyers or owner-occupants seeking immediate comfort.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 588 El Reno Dr Subject | $399,975* List Price | 3 | 2 | 1,260 | $309 | - |
A 2530 Ceres Sold | $385,000 | 3 | 2 | 1,152 | $334 | 0.9 mi |
B 598 El Reno Drive Sold | $367,000 | 3 | 2 | 1,440 | $255 | 0.0 mi |
C 29 Glenshire Sold | $412,500 | 3 | 2 | 1,236 | $334 | 0.9 mi |
D 16 El Cerrito Dr Sold | $462,500 | 3 | 2 | 1,636 | $283 | 0.0 mi |
E 744 Kings Canyon Sold | $450,000 | 3 | 2 | 1,374 | $328 | 0.9 mi |
F 34 Garden Park Sold | $440,000 | 3 | 2 | 1,236 | $356 | 1.0 mi |
G 39 Franciscan Active | $349,900 List Price | 3 | 2 | 1,092 | $320 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1956, the property is immaculately maintained and move-in ready. It features a recently updated kitchen with modern leathered granite countertops and stainless steel, along with updated wood flooring and a newer fence, placing it in the 5-15 year renovation category.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8276, living area = 1260.
The property features a rare 2.75% assumable FHA loan for qualified buyers, providing a significant financial advantage and lower monthly payments compared to current market interest rates.
The kitchen has been tastefully updated with premium leathered granite countertops, freshly painted cabinetry, and stainless steel appliances, offering a move-in-ready experience for the new owner.
Built in 1956, the home may feature older plumbing or electrical systems that could require future maintenance or upgrades despite its well-maintained appearance.
At 1,260 square feet for a three-bedroom, two-bathroom layout, the interior living spaces and bedrooms may feel small for families requiring more substantial indoor room.
This adorable home is move-in ready and full of charm from the moment you arrive! Immaculately maintained and sparkling clean, it offers a warm, welcoming feel both inside and out. The updated kitchen features beautiful leathered granite countertops, freshly painted cabinetry, and a stainless steel sink, creating a stylish and functional space to cook and gather. Enjoy your morning coffee in the cozy breakfast nook, while the flexible dining area offers plenty of options—it can serve as a formal dining room, a comfortable den, a home office, or an inviting sitting area. Rich wood flooring, a cozy wood-burning fireplace with an insert, and a large front picture window that fills the home with natural light create an inviting atmosphere you'll love coming home to. Step outside to the shady backyard, where the covered patio provides the perfect spot to relax, entertain, or unwind after a long day. Beyond the cross-fenced area, there's still plenty of room to expand your garden, create additional outdoor living space, or simply enjoy the extra yard. There is an assumable FHA loan at 2.75% for qualified buyers. Don't miss out on this Chico charmer !
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,260 | 1,797 |
| Lot Size | 8,276 | 8,276 |
| Price | $400.0K | $496.1K |
| Price per sq ft | $317 | $301 |
| Built year | 1956 | 1992 |
| HOA | $0 | $196 |
| Days on market | 13 | 52 |
Jul 9, 2026
$399,975
Initial Listing
Jul 27, 2020
$340,000
Public Record
Apr 18, 2018
$1,500
Public Record