
Chico, California 95926
This Turnkey Condominium represents a Prime Investment Opportunity, listed at $179,990—positioned well below the $186,026 Fair Market Value by 3%. This valuation gap provides $6,036 in Instant Equity. Featuring an updated granite kitchen and a Condition Rating of 3, the unit is move-in ready. Its proximity to CSU and Enloe Hospital ensures consistent rental demand. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a low-maintenance, high-value asset in a strategic location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1110 W 8th 3 Subject 3 bd · 2 ba · 988 sqft · $193 | $179,990* List Price | 3 | 2 | 988 | $193 | - |
A 1244 Magnolia Avenue 3 Sold 2 bd · 2 ba · 960 sqft · $204 · 1.0 mi | $196,000 | 2 | 2 | 960 | $204 | 1.0 mi |
B 1114 Nord Avenue 17 Sold 3 bd · 2 ba · 960 sqft · $210 · 0.5 mi | $201,999 | 3 | 2 | 960 | $210 | 0.5 mi |
C 522 Nord 14 Sold 3 bd · 2 ba · 960 sqft · $177 · 1.0 mi | $170,000 | 3 | 2 | 960 | $177 | 1.0 mi |
D 1110 W 8th Avenue 4 Pending 3 bd · 2 ba · 985 sqft · $182 · 0.0 mi | $179,000 List Price | 3 | 2 | 985 | $182 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1983 but features a well-maintained, turnkey interior with a 5-15 year old renovation. The kitchen includes updated granite countertops, stainless steel appliances, and a mosaic backsplash. The property is move-in ready with clean carpets and modern laundry units.
The property features a fully updated kitchen with granite countertops, stainless steel appliances, and refinished cabinetry, offering an immediate move-in ready experience for buyers.
Conveniently situated near CSU Chico and Enloe Hospital, this location ensures high rental demand and appeal for students and healthcare professionals.
The association fee includes essential services such as water, trash, landscaping, and exterior maintenance, providing a low-maintenance lifestyle and simplified budgeting.
At $530 per month, the HOA dues are significant relative to the listing price, which may impact the overall affordability and debt-to-income ratio for some buyers.
With only 988 square feet allocated across three bedrooms, the individual living spaces and common areas may feel congested compared to standard residential detached homes.
This is a rare chance to own an immaculate and completely turnkey 3-bedroom, 2-bathroom condo located in the beautifully maintained gardens of Meadow Wood Commons. Conveniently situated near CSU and Enloe Hospital, this spacious condo offers tremendous value at an affordable price. The kitchen has been updated with granite countertops, a mosaic glass backsplash, stainless steel appliances, a newer refrigerator, and refinished cherry-stained cabinetry. All three bedrooms, including the master suite, are spacious and provide ample closet space. Additionally, the unit features a covered patio, ideal for relaxing outdoors. Inside, you'll find laundry facilities that include a washer and dryer. The association fees cover all exterior maintenance, landscaping, water, covered parking, and trash removal. Don’t miss this fantastic investment opportunity with so much value!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.7 |
| Baths | 2.0 | 2.0 |
| Square foot | 988 | 1,163 |
| Lot Size | 871 | 1,161.5 |
| Price | $180.0K | $243.0K |
| Price per sq ft | $182 | $206 |
| Built year | 1983 | 1982 |
| HOA | $530.0 | $499 |
| Days on market | 33 | 58 |
Sep 21, 2026
$179,990
Initial Listing
May 14, 2018
$145,000
Public Record
Mar 3, 2017
$151,500
Public Record
Jan 7, 2011
$107,000
Public Record
Jul 28, 2000
$60,000
Public Record