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432 Nord Ave, Chico, CA, 95926

$550,000

Home List Price

$6,531*

Closing Credit

0 Baths
House

Location

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432 Nord Ave, Chico$550,000

Buyer Closing Credits

$6,531*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1938
HeatingCentral
CoolingCentral Air
MLS #SN24200192
Lot Size0.55 Acres
StatusActive

About 432 Nord Ave

Exciting Investment Opportunity Near Chico State! This expansive property, over half an acre in size, is a prime investment located just steps from CSU Chico. Positioned conveniently off Nord Avenue, it offers quick access to local shopping, transportation, and the vibrant energy of Downtown Chico. The property includes a well-maintained 3-bedroom, 1-bath home featuring a welcoming layout with a functional kitchen, spacious laundry room, and thoughtful design. Beyond the existing home, the land holds great potential for further development, making it an ideal rental location due to its proximity to the University. For those seeking to capitalize on its location, two exciting development concepts have been explored: First option: Adding three duplexes, each two stories with 3-bed, 2-bath units, plus a 1-bedroom manager’s quarters near the front. This design retains the existing house, resulting in a total of eight rental units. Second option: Replacing the current home with nine three-story units, inspired by a successful previous project, and enhanced with unique Craftsman-style exteriors. Whether you choose to keep the current home or develop it further, this property’s unbeatable proximity to the University and local amenities makes it an exceptional investment in Chico.

Property Details

Property Features

Property Information:

  • Year Built: 1938
  • Stories: 1

Listing Office:

  • Office Name: Re/Max of Chico
  • Office Phone: (530) 896-9300
  • Listing Agent: Matt Depa

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot: Back Yard
  • Lot Size: 0.55 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Home is located on Nord Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $550,000

Tax Information:

  • Annual Amount: $1,251
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Chico, CA.

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Chico, CA

City

Med. Sold Price

$465.1K

Med. Price/SqFt

$296

Avg. Days On Market

30

# of Sold Homes

75

432 Nord Ave vs Chico

41 DAYS ON ROCKET

+11 Days

$550,000

+$84.8K More

KEY TAKEAWAY

This property is $84.8K more than the Median Sold Price in Chico, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SN24200192

Listing Office:

  • Office Name: Re/Max of Chico
  • Office Phone: (530) 896-9300
  • Listing Agent: Matt Depa

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/18/2024, 6:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 03, 1998Home Sold
$50,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,251$110,611
2020$1,247$109,478
2019$1,202$107,333
2018$1,203$105,229
2017$1,186$103,167

History based on county public records data.

Payment Calculator

$2,813

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,715

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-699592
6
/10

  • Rosedale Elementary School

  • 100 Oak St

  • 0.30 miles

  • Public District Grades KG-5

school-card-donut-699593
4
/10

  • Citrus Elementary School

  • 1350 Citrus Ave

  • 0.75 miles

  • Public District Grades KG-5

school-card-donut-699594
7
/10

  • Emma Wilson Elementary School

  • 1530 W 8th Ave

  • 1.02 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,987. Typical income of Chico, CA residents is less than $35k annually. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 432 Nord Ave

What is the listing price of this property?

The listing price of 432 Nord Ave property is $550,000.

What type of property is this?

The property 432 Nord Ave is a house located in Chico, California, 95926.

Is this property for sale now?

Active Listing: 432 Nord Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,251 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on April 3, 1998 for $50,000. (source: MLS/tax record).

Which year was this property built?

The year of construction for 432 Nord Ave is 1938.

Rocket Homes›California›Butte County›Chico›95926›432 Nord Ave

This home is located at 432 Nord Ave in Chico, CA and zip code 95926. This home, which was built in 1938, sits on a 0.55 acre lot. It has been listed on Rocket Homes since October 07, 2024 and is currently priced at $550,000.

In October 2024, from all listings sold in Chico, CA there were more than 33 sold above asking price, over 29 sold below and more than 13 were sold right at the asked price. The number of homes for sale in Chico, CA decreased by 7.9% between September 2024 and October 2024. The median list price of listings available in October 2024 was $465,126, while the average time on the real estate market was 30 days.

From Rocket Homes Real Estate and based on county public records data.

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