Calling all Investors! GREAT Downtown and Chico State location! This home offers a big central kitchen, four bedrooms, and a large bathroom. It has been updated with a new shower, remodeled bathroom, and new inside laundry. There is a huge front covered porch as well as high ceilings throughout the house. In the backyard there is a concrete pad if you wanted to add a new garage or carport, as well as the potential to build a patio or garden. This home is constantly rented out. Check it out!
Single-familyProperty Type
1910Year Built
4,792 sq ftLot Size
$319Est. Price/Sq.Ft.
Listed by Steve Valencia Jr.•DRE #01885087• Chico Discount Realty
Bought with Jayme Foster•DRE #02002903• Becky Prater Real Estate
Opportunity Awaits! This Classic Old Chico House is Ready for Some Loving Restoration! Ultimate Downtown and Chico State Location. This home offers a big central kitchen plus four bedrooms and a large bathroom. They don't build them like this anymore, solid wood craftsmanship with potential for restoration. Lots of space for updating and improvements. There's a concrete pad in the back yard if you want to add a new garage or carport or whatever? Spacious back yard for any garden or patio additions. Lot's of possibilities for this property! Check it out!
Public Records
Jan 1, 1984
Sold
$44,500
$35/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$5,023 (+2.4%)
$169,793 + $259,995
$429,788
2025
$4,907 (+6.8%)
$169,793 + $259,995
$429,788
2024
$4,593 (+1.2%)
$166,464 + $254,898
$421,362
2023
$4,539 (+25.8%)
$163,200 + $249,900
$413,100
2022
$3,609 (+193.4%)
$160,000 + $245,000
$405,000
2021
$1,230
$160,000 + $160,000
$320,000
2020
$1,229 (+1.6%)
$38,267 + $68,894
$107,161
2019
$1,210 (+2.0%)
$37,875 + $68,188
$106,063
2018
$1,187 (+2.4%)
$37,133 + $66,851
$103,984
2017
$1,159 (+9.3%)
$35,692 + $64,256
$99,948
2016
$1,061
$35,692 + $64,256
$99,948
2015
$1,060 (+2.0%)
$34,993 + $62,997
$97,990
2014
$1,039 (−1.1%)
$33,793 + $60,836
$94,629
2013
$1,050 (+7.0%)
$33,793 + $60,836
$94,629
2012
$982
$33,641 + $60,562
$94,203
Tax history for 706 Chestnut St
Year
Property tax
Land + Additions
Assessment*
2026
$5,023 (+2.4%)
$169,793 + $259,995
$429,788
2025
$4,907 (+6.8%)
$169,793 + $259,995
$429,788
2024
$4,593 (+1.2%)
$166,464 + $254,898
$421,362
2023
$4,539 (+25.8%)
$163,200 + $249,900
$413,100
2022
$3,609 (+193.4%)
$160,000 + $245,000
$405,000
2021
$1,230
$160,000 + $160,000
$320,000
2020
$1,229 (+1.6%)
$38,267 + $68,894
$107,161
2019
$1,210 (+2.0%)
$37,875 + $68,188
$106,063
2018
$1,187 (+2.4%)
$37,133 + $66,851
$103,984
2017
$1,159 (+9.3%)
$35,692 + $64,256
$99,948
2016
$1,061
$35,692 + $64,256
$99,948
2015
$1,060 (+2.0%)
$34,993 + $62,997
$97,990
2014
$1,039 (−1.1%)
$33,793 + $60,836
$94,629
2013
$1,050 (+7.0%)
$33,793 + $60,836
$94,629
2012
$982
$33,641 + $60,562
$94,203
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
4
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
4,792 Sq. Ft.
Year renovated
1910
Sq. Ft.
1,280
Year built
1910
Style
Single Family Residential
County
Butte County
APN
004273004000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 15, 2026.
R3
FP
Medium-High Density Residential District
The R3 zoning district is applied to areas appropriate for medium-high density residential neighborhoods. Permitted densities range from a minimum of 14.1 to a maximum of 22 units per acre. Multi-family residential uses may be permitted to develop up to 30 dwelling units per acre when at least 15 Percent of the units are deed restricted housing affordable to low-income households at or below 80 Percent of Area Median Income (AMI). The R3 zoning district is primarily intended to implement the Medium-High Density Residential land use designation of the General Plan.
Zone overlays
Chico Urban Flood Protection
Permitted uses
Include but are not limited to:
Garden center
Day care facility
Housing-Multiple units
Housing-Senior
Housing-Other
Recreation
Housing-Mobile home park
Jan 3, 2023 • Final
Mechanical residential
Install a heat pump wall mount mini split system.
HVAC
May 4, 2022 • Final
Electrical residential
Replace the electrical service panel with a new unit of the same capacity. No additional electrical load will be added.
Electrical
Electric meter
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.