29 Northwood Commons Place, Chico, California 95973, Chico, 95973 - 2 bed, 2 bath
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29 Northwood Commons Place
Chico, California 95973
ACTIVE
CONDITION: FAIR
2Beds
2Baths
1,410Sq Ft
2,614Lot Size
Property Price
LIST PRICE$315,000
EST. MARKET VALUE
$315,180
SUMMARY
This Single Family Residence represents a Strong Value Opportunity, listed at $325,000—positioned well below the $343,551 Fair Market Value by 5%. This valuation gap provides $18,551 in Instant Equity for the buyer. Featuring a Condition Rating of 4, the home offers a low-maintenance lifestyle with HOA-covered exterior upkeep, though the interior presents a prime canvas for cosmetic modernization. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a well-located, value-add asset in Chico.
Estimated Market Value
$315,180
Based on Realkey algorithm analyzing recent comparable sales in Chico.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 29 Northwood Commons Place Subject 2 bd · 2 ba · 1,410 sqft · $224 | $315,000* List Price | 2 | 2 | 1,410 | $224 | - |
A 2665 Waverly Court Active 2 bd · 2 ba · 1,357 sqft · $249 · 0.2 mi | $338,000 List Price | 2 | 2 | 1,357 | $249 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1979, this home is exceptionally clean and well-maintained but remains largely in its original state. The kitchen and bathrooms are dated, featuring 1970s-style dark wood cabinetry, fluorescent light boxes, and older tile countertops that exceed the 20-30 year update threshold. While the HOA maintains the roof and exterior, the interior finishes and appliances require modernization to meet current market standards.
PROSSTRENGTHS & OPPORTUNITIES
- Architectural Character
The home features stunning wood-beamed ceilings and multiple skylights that flood the interior with natural light, creating a warm and unique aesthetic rarely found in standard builds.
- Low-Maintenance Lifestyle
The comprehensive HOA covers major exterior maintenance including the roof, driveway, and paint, significantly reducing the owner's long-term upkeep responsibilities and costs.
- Enhanced Privacy
Positioned with no rear neighbors and featuring a fully fenced front patio, this property offers an exceptional level of seclusion and quiet within the desirable Northwood Commons community.
CONSRISKS & DEFICIENCIES
- High Association Fees
The monthly HOA fee of $680 is relatively high for the area, which may impact monthly affordability and debt-to-income ratios for prospective buyers.
- Potential for Modernization
Built in 1979 and held by the same owner for over 20 years, the property likely requires cosmetic updates to meet contemporary design preferences and maximize its market value.
About 29 Northwood Commons Place
Nestled among mature trees in the highly desirable Northwood Commons community, this charming single-story home offers comfort, character, and a beautifully planned setting. Step inside to discover stunning wood-beamed ceilings, a cozy fireplace with an efficient gas insert, and newer sliding doors that open to a peaceful covered porch with no rear neighbors. Throughout the home, various skylights bring in natural light and brightness, enhancing the warm and inviting atmosphere.The spacious main bedroom, convenient in-home laundry closet, and fully fenced front patio off the kitchen/dining area create an ideal blend of privacy and functionality. A lovely double-door side entrance adds to the home's inviting appeal.With the HOA maintaining the roof, driveway, exterior paint, and sewer/septic systems, you'll enjoy more time relaxing at home and less time worrying about upkeep. Lovingly cared for by the same owner for over 20 years, this clean and well-kept home is ready for its next chapter and new potential. Home is a PUD.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1979
- Lot Size
- 2,614 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $680.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,410 | 1,720.576 |
| Lot Size | 2,614 | 7,994.042 |
| Price | $315.0K | $487.0K |
| Price per sq ft | $223 | $303 |
| Built year | 1979 | 1992 |
| HOA | $680.0 | $154 |
| Days on market | 22 | 56 |
Pricing History
Listed for Sale
Oct 17, 2026
$315,000
$325,000
-3% Price Drop
Initial Listing
Price Change
Oct 2, 2026
$325,000
Initial Listing
Sold
Jul 2, 2009
$230,000
Public Record
Sold
Sep 22, 2000
$128,500
Public Record
Sold
Jan 22, 1999
$121,000
Public Record