
Chico, California 95926
This Strategic Residential Investment is listed at $235,000, positioned near its $220,773 Fair Market Value. Maintaining a Condition Rating of 4, the unit offers a functional 3-bedroom layout featuring Granite Bathroom Countertops and access to a Private Gated Pool. Located steps from Chico State University within the Chico Unified School District, the property is primed for high rental demand and consistent occupancy. The $325 Monthly HOA provides low-maintenance living by covering water, trash, and security. This is an optimal acquisition for Buy-and-Hold Investors or Owner-Occupants prioritizing location and convenience.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1114 Nord Subject | $230,000* List Price | 3 | 2 | 960 | $193 | - |
A 1114 Nord Avenue 8 Sold | $209,000 | 3 | 2 | 960 | $218 | 0.0 mi |
B 1114 Nord Avenue 11 Sold | $197,000 | 3 | 2 | 960 | $205 | 0.0 mi |
C 1244 Magnolia 9 Sold | $205,670 | 3 | 2 | 960 | $214 | 0.8 mi |
D 1114 Nord Avenue 17 Active | $212,000 List Price | 3 | 2 | 960 | $221 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1990, this property is over 30 years old and shows a mix of original features and minor updates. While the listing describes it as 'turn key,' the interior features dated oak-style cabinetry, older carpeting, and basic light fixtures. Some updates are present, such as the stainless steel refrigerator and granite bathroom countertops, but the overall aesthetic and systems like the stackable washer/dryer appear aged. The exterior stairs show significant moss growth, suggesting some deferred maintenance. It fits the 'fair' category as a functional, maintained home that is showing its age and would benefit from modern updates.
Situated near Chico State University and downtown, this property is ideally positioned for high rental demand or convenient student living.
The gated community offers comprehensive HOA coverage including water, trash, and exterior maintenance, plus desirable amenities like a private pool and in-unit laundry.
This lower-level unit is move-in ready with a functional 3-bedroom layout and assigned parking, making it an attractive option for immediate occupancy or rental income.
With 3 bedrooms packed into 960 square feet, the living spaces may feel constrained for larger households or those seeking spacious common areas.
The $325 monthly association fee represents a significant recurring expense that impacts overall affordability and monthly cash flow for investors.
Welcome to 1114 Nord Unit #29, Chico 95926 ! This gem can be your perfect investment property or make this beautiful condo your own home! Woodland Commons is a wonderful gated community with 45 units. The HOA covers trash, water, landscaping, exterior maintenance, insurance, pool and security. Located close to Chico State university, grocery stores, restaurants, downtown and lots of other amenities. This lower unit is turn key and ready to go with great layout, washer/dryer in unit, microwave and very spacious with 3 bedrooms and 2 bathrooms. The covered patio in the front has a storage closet that can be locked. The private pool is gated and only for the residents. For parking, there are 2 assigned spots and 2 remote controlled automatic gate openers that are included.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 71% |
| Baths | 2.0 | 1.0 | 53% |
| Square foot | 960 | 920 | 59% |
| Lot Size | 871 | 871 | 50% |
| Price | $230.0K | $226.0K | 53% |
| Price per sq ft | $240 | $257 | 47% |
| Built year | 1990 | 1978 | 71% |
| HOA | $325.0 | $460 | 18% |
| Days on market | 29 | 160 | 6% |
Apr 15, 2026
$230,000
$235,000
-2% Price Drop
Initial Listing
Mar 24, 2026
$235,000
Initial Listing
May 1, 2007
$193,000
Public Record