Sold for $525,000

Listed by: Masiv Real Estate Inc. • Peter Farsai • Contact: 858-868-1801

Bought with: NONMEMBER MRML

$525,000

429 W 1st Ave, Chico, CA 95926

4beds

1,430sqft

Single Family Residence

Built in 2010

9,148 Square Feet Lot

$529,900 Zestimate^®

$367/sqft

$2,560 Estimated rent

Home value

$529,900

$503,000 - $556,000

$2,560/mo

Zestimate^® history

Owner options

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$2,560/mo

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$2,560/mo

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$3,337/mo

Est. payment

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$3,337/mo

Est. payment

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What's special

Modern upgradesModern comfortOpen kitchen

Unlock the potential of this exceptional investment property in the heart of Chico, California. The 4-bedroom, 4.5-bathroom residence offers a rare blend of spaciousness and modern comfort, making it a lucrative addition to your portfolio. Designed to attract high-paying tenants seeking quality living, each bedroom features its own en-suite bathroom for tenant privacy, modern upgrades, and an open kitchen. Centrally located to shopping, downtown Chico, Bidwell Park and walking distance to Chico State University. Don't miss the opportunity to capitalize on this income-generating asset. Schedule a viewing today and secure your future returns.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 5
Full bathrooms: 4
1/2 bathrooms: 1
Main level bathrooms: 5
Main level bedrooms: 4

Rooms

Room types: Bedroom, Entry/Foyer, Kitchen, Living Room

Bedroom

Features: All Bedrooms Down

Kitchen

Features: Granite Counters, Remodeled, Self-closing Cabinet Doors, Self-closing Drawers, Updated Kitchen

Cooling

Central Air

Appliances

Included: Dryer, Washer
Laundry: Inside, Stacked

Features

Ceiling Fan(s), In-Law Floorplan, All Bedrooms Down
Flooring: Laminate, Tile, Wood
Has fireplace: No
Fireplace features: None
Common walls with other units/homes: No Common Walls

Interior area

Total interior livable area: 1,430 sqft

Property

Parking

Total spaces: 1
Parking features: Concrete, Direct Access, Driveway, Garage, Deck
Garage spaces: 1

Features

Levels: One
Stories: 1
Entry location: Sidewalk to front of property.
Pool features: None
Spa features: None
Has view: Yes
View description: None

Lot

Size: 9,148 Square Feet
Features: Back Yard, Front Yard, Sprinklers None

Details

Parcel number: 003085003000
Zoning: R3
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Foundation: Raised
Roof: Shingle

Condition

Updated/Remodeled,Turnkey
New construction: No
Year built: 2010

Utilities & green energy

Electric: 220 Volts in Laundry
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Community & HOA

Community

Features: Biking, Curbs, Foothills, Fishing, Golf, Park

Location

Region: Chico

Financial & listing details

Price per square foot: $367/sqft
Tax assessed value: $535,500
Annual tax amount: $6,199
Date on market: 9/14/2023
Cumulative days on market: 101 days
Listing terms: Cash,Conventional,FHA,Owner May Carry,Trade,VA Loan

Price history

Date	Event	Price
2/6/2024	Sold	$525,000$367/sqft
Source: CRMLS #SN23171798 Report a problem
11/8/2023	Price change	$525,000-4.4%$367/sqft
Source: CRMLS #SN23171798 Report a problem
10/12/2023	Price change	$549,000-4.5%$384/sqft
Source: CRMLS #SN23175805 Report a problem
9/20/2023	Price change	$575,000+6.7%$402/sqft
Source: CRMLS #SN23171798 Report a problem
9/14/2023	Listed for sale	$539,000+107.3%$377/sqft
Source: CRMLS #SN23171798 Report a problem
6/30/2023	Listing removed	--
Source: Zillow Rentals Report a problem
6/8/2023	Listed for rent	$3,200+113.3%$2/sqft
Source: Zillow Rentals Report a problem
4/28/2018	Sold	$260,000-3.5%$182/sqft
Source: Agent Provided Report a problem
1/7/2018	Pending sale	$269,500$188/sqft
Source: C21 Jeffries-Lydon #CH17164016 Report a problem
1/5/2018	Listing removed	$1,500$1/sqft
Source: CENTURY 21 Jeffries Lydon #SN17252378 Report a problem
1/1/2018	Listed for rent	$1,500$1/sqft
Source: CENTURY 21 Jeffries Lydon #SN17252378 Report a problem
11/22/2017	Listing removed	$1,500$1/sqft
Source: CENTURY 21 Jeffries Lydon #SN17252378 Report a problem
11/7/2017	Listed for rent	$1,500$1/sqft
Source: CENTURY 21 Jeffries Lydon #SN17252378 Report a problem
9/22/2017	Price change	$269,500-2%$188/sqft
Source: CENTURY 21 Jeffries Lydon #CH17164016 Report a problem
7/18/2017	Listed for sale	$275,000-3.5%$192/sqft
Source: Century 21 Jeffries Lydon #CH17164016 Report a problem
3/17/2006	Sold	$285,000$199/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$6,199 +21.1%	$535,500 +15.7%
2024	$5,120 -49%	$463,015 +2%
2023	$10,039 +101.6%	$453,937 +2%
2022	$4,979 +1.9%	$445,037 +2%
2021	$4,885 +54.8%	$436,312 +56.2%
2020	$3,155 +5.2%	$279,352 +5.3%
2019	$3,000 +3.9%	$265,200 +4%
2018	$2,889 +2.1%	$255,000 +2%
2017	$2,830 +9.6%	$250,000 +2%
2016	$2,582 +12.7%	$245,000 +8.9%
2015	$2,291	$225,000 +4.7%
2014	$2,291	$215,000 +2.4%
2013	--	$210,000 +10.5%
2012	--	$190,000
2011	--	$190,000 -11.6%
2010	--	$215,000 -25.9%
2009	--	$290,000 -2.2%
2008	--	$296,514 +2%
2007	--	$290,700 +578.2%
2006	--	$42,866 +2%
2005	--	$42,026 +2%
2004	--	$41,203 +1.9%
2003	--	$40,449 +2%
2002	--	$39,657 +2%
2001	--	$38,880