1530 Citrus Ave, Chico, CA 95926
3 beds · 2 baths · 940 sqft
NESTLED IN THE HEART OF CHICO, 1530 Citrus Ave is a beautifully updated 3-bedroom, 2-bathroom home that seamlessly blends CLASSIC CHARM with MODERN UPGRADES. With 940 square feet of thoughtfully designed living space and sitting on a spacious lot, this property offers endless possibilities—whether you're looking for a cozy primary residence, an income-generating investment, or the perfect spot to build an Accessory Dwelling Unit (ADU). Come inside and be greeted by the warmth of ORIGINAL HARDWOOD floors that flow throughout the home, adding character and elegance to every room. The inviting living area is bathed in natural light, creating a bright and airy ambiance perfect for relaxation or entertaining guests. The updated kitchen is a true showstopper, featuring sleek countertops, modern cabinetry, and stylish finishes that make cooking a delight. Whether you're preparing a quick breakfast or hosting a small dinner party, this space is both functional and beautiful. Each of the three bedrooms offers comfort and versatility, while the two well-appointed bathrooms provide contemporary fixtures and finishes. Outside, the large backyard presents a world of opportunity! With plenty of room to garden, entertain, or expand, this property is ideal for adding an ADU or guest house—perfect for additional rental income or multi-generational living. Located just minutes from DOWNTOWN CHICO and CHICO STATE UNIVERSITY, this home is in a prime location for students, faculty, or anyone who enjoys the vibrant energy of the city. Enjoy easy access to charming local shops, fantastic dining, lively entertainment, and beautiful parks, all just moments away. Whether you're a first-time homebuyer, a seasoned investor, or someone looking for a property with future potential, 1530 CITRUS IS THE PERFECT PLACE!!!
Source: CRMLS #SN25070829
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: CRMLS #SN25070829
To qualify, you must meet the current FHA or VA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50%. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.
An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.
When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.
Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Save search” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.
Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 620, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.