805 Madrone Avenue, Chico, California 95926, Chico, 95926 - 3 bed, 2 bath
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805 Madrone Avenue
Chico, California 95926
ACTIVE
CONDITION: GOOD
3Beds
2Baths
1,578Sq Ft
6,970Lot Size
Property Price
LIST PRICE$510,000
EST. MARKET VALUE
$477,958
6% AboveMARKET VALUE
SUMMARY
This Single Family Residence is a Strong Value Opportunity, listed at $510,000—positioned well below the $477,958 Fair Market Value by -6%. While the list price exceeds the current estimate, the property maintains a Condition Rating of 3, featuring a Granite Kitchen and Vaulted Wood Ceilings that provide immediate aesthetic appeal. Located in the Chico Unified district near Bidwell Park, this home offers a desirable lifestyle for Owner-Occupants or first-time buyers seeking a move-in ready home in an established, recreation-rich neighborhood.
Estimated Market Value
$477,958
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 |
|---|---|---|---|---|---|---|
★ 805 Madrone Avenue Subject | $510,000* List Price | 3 | 2 | 1,578 | $303 | - |
A 1688 Park View Sold | $450,000 | 3 | 2 | 1,747 | $258 | 0.4 mi |
B 1288 Palmetto Avenue Sold | $404,000 | 4 | 2 | 1,451 | $278 | 0.6 mi |
C 5 Nancy Lane Sold | $495,000 | 3 | 2 | 1,637 | $302 | 0.4 mi |
D 27 Amber Way Sold | $505,000 | 3 | 2 | 1,542 | $327 | 0.2 mi |
E 7 Jenny Sold | $430,000 | 3 | 2 | 1,360 | $316 | 0.8 mi |
F 886 Lynn Lane Sold | $454,000 | 4 | 2 | 1,803 | $252 | 0.5 mi |
G 728 Wayne Lane Sold | $463,000 | 4 | 2 | 1,449 | $320 | 0.1 mi |
H 13 Joy Lane Sold | $448,000 | 3 | 2 | 1,510 | $297 | 0.5 mi |
I 831 Shepard Pending | $421,000 List Price | 3 | 2 | 1,450 | $290 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1976, the property shows signs of a mid-range renovation (likely 5-15 years ago) featuring granite countertops, stainless steel appliances, and updated flooring. The interior is well-maintained, functional, and move-in ready with no immediate major repairs visible.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location
Ideally situated in a highly desirable neighborhood between Bidwell Park and Verbena Fields, offering exceptional access to outdoor recreation and top-rated schools.
- Architectural Character
The home features dramatic vaulted wood ceilings and exposed beams, creating a unique and spacious great-room feel that stands out from standard designs.
- Modernized Kitchen
Equipped with granite countertops and a large breakfast bar, the kitchen is designed for modern functionality and seamless entertaining within the open floor plan.
CONSRISKS & DEFICIENCIES
- Dated Construction
Built in 1976, the property may require updates to major systems or cosmetic finishes to align with modern energy efficiency and aesthetic standards.
- Lack of Scenic Views
Despite its proximity to natural landmarks, the property is noted as having no significant views, which may be a drawback for buyers seeking a vista.
About 805 Madrone Avenue
Tucked into a desirable, established Chico neighborhood between Bidwell Park and Verbena Fields, this inviting home is filled with character. Dramatic vaulted wood ceilings and exposed beams create an impressive great-room feel, while the open living, dining and kitchen spaces make everyday living and entertaining easy. The kitchen features granite countertops and a large breakfast bar overlooking the main living area. Step outside the backyard with mature landscaping and patio space, perfect for enjoying Chico’s outdoor lifestyle. An attached two-car garage adds everyday convenience. With Sierra View Elementary nearby and Bidwell Park, trails and recreation close to home, this is a wonderful opportunity to enjoy one of Chico’s well-loved neighborhoods.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1976
- Lot Size
- 6,970 Sq. Ft.
Interior
- Total Bedrooms
- 3
- 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 | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,578 | 1,721.208 |
| Lot Size | 6,970 | 8,138.524 |
| Price | $510.0K | $494.6K |
| Price per sq ft | $323 | $304 |
| Built year | 1976 | 1992 |
| HOA | $0 | $166 |
| Days on market | 10 | 54 |
Pricing History
Listed for Sale
Aug 30, 2026
$510,000
Initial Listing
Sold
Sep 24, 2021
$499,000
Public Record
Sold
Jul 15, 2020
$422,500
Public Record