9803 Cohasset Road, Chico, California 95973, Chico, 95973 - 3 bed, 2 bath
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9803 Cohasset Road
Chico, California 95973
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,316Sq Ft
32,234Lot Size
Property Price
LIST PRICE$235,000
EST. MARKET VALUE
$265,090
5% BelowMARKET VALUE
SUMMARY
This property presents a Strong Value Opportunity with a List Price of $250,000—positioned well below the $265,091 Fair Market Value by 5%. This valuation gap offers $15,091 in Instant Equity. Featuring a Condition Rating of 4, the home is functional but dated, offering significant potential for cosmetic modernization. With a 32,234 sqft lot and Mountain Views, this residence is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking an affordable, spacious retreat in the Chico Unified district.
Estimated Market Value
$265,090+$30,090 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 9803 Cohasset Road Subject | $235,000* List Price | 3 | 2 | 1,316 | $201 | - |
A 9803 Cohasset Road Active | $279,000 List Price | 3 | 2 | 1,176 | $237 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1962, this property is well-maintained and functional but remains dated. While it features some newer appliances and laminate flooring, the kitchen cabinetry and overall aesthetic reflect a renovation age of over 20 years, requiring cosmetic updates to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 32234, living area = 1316.
- Exceptional Value
Priced at $250,000 for a 3-bedroom, 2-bath residence, this property offers a highly affordable entry point into the market compared to similar homes in central Chico.
- Expansive Lot Size
The nearly three-quarter-acre lot provides significant space for gardening, outdoor entertaining, and privacy, which is a rare and desirable feature at this price point.
CONSRISKS & DEFICIENCIES
- Aging Infrastructure
Built in 1962, the home may require modernization of its systems and interior finishes to meet the expectations of contemporary buyers.
- Commute Distance
While offering a tranquil mountain lifestyle, the property's location requires a dedicated drive to access the main shopping, dining, and employment centers of Chico.
About 9803 Cohasset Road
Escape to the cooler mountain air of Cohasset while remaining just a short drive from Chico. Set on nearly three-quarters of an acre, this inviting 3 bedroom, 2 bath home offers a comfortable split-bedroom floor plan, a spacious living room with a cozy wood-burning stove, and a bright front sunroom that's perfect for relaxing or enjoying your morning coffee. Adding even more value, this home features a low-interest rate of 2.375% that is assumable by qualified buyers, offering a potentially attractive financing option in today's market. Outside, the generous lot offers plenty of room for gardening, entertaining, or simply enjoying the peaceful surroundings. If you're looking for an affordable home with space, privacy, and the charm of mountain living, this property is ready to welcome you home.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1962
- Lot Size
- 32,234 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 | 1,316 | 1,721.208 |
| Lot Size | 32,234 | 8,138.524 |
| Price | $235.0K | $494.6K |
| Price per sq ft | $179 | $304 |
| Built year | 1962 | 1992 |
| HOA | $0 | $166 |
| Days on market | 33 | 54 |
Pricing History
Listed for Sale
Aug 23, 2026
$235,000
$250,000
-6% Price Drop
Initial Listing
Price Change
Aug 7, 2026
$250,000
Initial Listing
Sold
Feb 19, 2021
$225,000
Public Record
Sold
Dec 5, 2012
$127,500
Public Record
Sold
Jun 15, 2005
$185,000
Public Record
Sold
Jan 16, 1998
$78,000
Public Record