831 Shepard, Chico, California 95926, Chico, 95926 - 3 bed, 2 bath
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Chico, California 95926
This Single Family Residence represents a High-Potential Investment Opportunity, listed at a List Price of $425,000—positioned well above the $412,153 Fair Market Value by -3%. While the property requires modernization due to its Condition Rating of 4, the expansive lot size and functional layout provide a solid foundation for value-add renovations. Featuring a generously sized deck and fully fenced backyard, this home offers significant outdoor utility. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking to build equity through strategic cosmetic updates.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 831 Shepard Subject | $425,000* List Price | 3 | 2 | 1,450 | $284 | - |
A 5 Nancy Lane Sold | $495,000 | 3 | 2 | 1,637 | $302 | 0.2 mi |
B 21 Sunflower Court Sold | $405,000 | 3 | 2 | 1,511 | $268 | 0.8 mi |
C 27 Amber Way Sold | $505,000 | 3 | 2 | 1,542 | $327 | 0.4 mi |
D 1280 Calla Lane Sold | $415,000 | 4 | 2 | 1,412 | $294 | 0.6 mi |
E 12 Lakewood Way Sold | $382,450 | 3 | 2 | 1,144 | $334 | 0.4 mi |
F 13 Kimberlee Sold | $440,000 | 3 | 2 | 1,541 | $286 | 0.6 mi |
G 9 Mione Active Under Contract | $419,000 List Price | 3 | 3 | 1,430 | $293 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1977, the property is well-maintained but dated. The kitchen features older dark wood cabinetry, laminate countertops, and white appliances that appear to be over 20 years old. While bathrooms show minor cosmetic updates to fixtures and lighting, the overall finishes and systems are aged and require modernization to meet current standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 1450.
The property features a generously sized deck and a fully fenced backyard, providing excellent areas for outdoor recreation, entertaining, and privacy.
The inclusion of a 100-Day Home Warranty offers significant peace of mind for buyers, mitigating initial maintenance concerns common with older homes.
Built in 1977, the residence may require modernization of its core systems or cosmetic updates to align with contemporary design standards.
The property does not offer any significant scenic views, which may be a drawback for buyers seeking a more picturesque setting.
Imagine everyday comfort at 831 Shepard Ln, providing a layout centered on practical living. The interior features a warm fireplace, creating a cozy atmosphere within the living space. Outside, a generously sized deck extends directly to a fully fenced backyard, providing distinct areas for outdoor enjoyment and recreational activities. This residence effectively blends interior comfort with accessible exterior amenities for various uses. A must-see for comfort and practical outdoor enjoyment. Included 100-Day Home Warranty with buyer activation
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 | 1,450 | 1,575.5 | 40% |
| Lot Size | 7,405 | 7,841 | 46% |
| Price | $425.0K | $434.5K | 45% |
| Price per sq ft | $293 | $291 | 50% |
| Built year | 1977 | 1972 | 57% |
| HOA | $0 | $0 | 50% |
| Days on market | 11 | 129 | 3% |
May 26, 2026
$425,000
Initial Listing
Jun 7, 2001
$166,500
Public Record