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33 Chico Ct
Oakland, CA

33 Chico Ct

$800,000
3 bd • 2 ba • 1,174 sf

This analysis was generated by artificial intelligence on 1/16/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

List Price

$800,000

Price/Sq.Ft

$681

Year Built

1959

AI Property Analysis

A comprehensive evaluation of this property's features, market position, and investment potential.

The Good

The property at 33 Chico Ct offers a serene setting in the Forestland neighborhood of Montclair Hills, surrounded by beautiful redwood trees and a nearby creek, providing ample privacy. The home is bright and airy with large windows allowing abundant natural light. Key features include a charming brick fireplace, spacious living room, updated kitchen with stainless steel appliances, and a new roof installed a year ago. The private backyard patio and deck are ideal for outdoor entertaining.

The Bad

While the property is well-maintained, it requires additional work to reach its full potential. The home is part of a probate sale, which may introduce complexities in the purchasing process. Potential buyers should be prepared for necessary updates and renovations.

The Ugly

The property is located in a flood zone, albeit an area of minimal flood hazard, which may impact insurance costs and future risk considerations. Buyers should evaluate the need for flood insurance and potential future flooding risks.

Who is this property for?

These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.

Best For

This property is best suited for first-time homebuyers who are looking for a tranquil, nature-filled setting and are eager to personalize their home. It appeals to those who appreciate a peaceful neighborhood and the opportunity to create a customized living space.

Not For

This home may not be ideal for buyers seeking a move-in-ready property with no additional work required. Those who are deterred by flood zone concerns or the complexities of a probate sale may want to consider other options.
Demographics
Area Median Income

$147,080

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Risk Assessment

Risk Analysis

The property is located in a flood zone, which could lead to higher insurance premiums and potential flooding concerns. As a probate sale, buyers should be aware of possible legal and procedural complexities. The Montclair Hills area is prone to market volatility due to its desirability and high competition.

Financials

Monthly Costs

Location & Comparables

Subject Property
Comparable Sales
View on Zillow

Stats in the Area

Average Price

$791,667

-1.0% below list price

Median Price

$725,000

Based on 3 recent sales

Price per Sq.Ft

$702

Comparable Properties

161 Beauforest Dr, Oakland, CA 94611
Price: $1,050,000
Sq.Ft: 1,376
Beds/Baths: 3/2
$/Sq.Ft:
$76312.0%
Sale Date: 9/27/2024
6261 Merced Ave, Oakland, CA 94611
Price: $600,000
Sq.Ft: 960
Beds/Baths: 2/1
$/Sq.Ft:
$6258.3%
Sale Date: 9/26/2024
2451 Stockbridge Dr, Oakland, CA 94611
Price: $725,000
Sq.Ft: 1,009
Beds/Baths: 2/1
$/Sq.Ft:
$7195.4%
Sale Date: 8/30/2024

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