
Chico, California 95973
This Turnkey Condominium represents a Prime Investment Opportunity, listed at $385,000—positioned well below the $394,965 Fair Market Value by 2%. This valuation gap offers $9,965 in Instant Equity for the buyer. Featuring an Excellent Condition Rating, the home includes a renovated kitchen, new skylights, and modern finishes. Residents enjoy a low-maintenance lifestyle with access to a pool, spa, and tennis courts. This property is an ideal acquisition for Owner-Occupants seeking a move-in-ready sanctuary or first-time buyers prioritizing community amenities.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 40 Northwood Commons Place Subject 3 bd · 2 ba · 1,651 sqft · $239 | $385,000* List Price | 3 | 2 | 1,651 | $239 | - |
A 31 Northwood Commons Sold 2 bd · 2 ba · 1,410 sqft · $243 · 0.0 mi | $342,500 | 2 | 2 | 1,410 | $243 | 0.0 mi |
B 32 Northwood Commons Place Sold 2 bd · 2 ba · 1,776 sqft · $186 · 0.0 mi | $329,500 | 2 | 2 | 1,776 | $186 | 0.0 mi |
C 41 Northwood Commons Place Sold 2 bd · 2 ba · 1,410 sqft · $262 · 0.0 mi | $370,000 | 2 | 2 | 1,410 | $262 | 0.0 mi |
D 56 Northwood Commons Place Sold 3 bd · 2 ba · 1,776 sqft · $207 · 0.1 mi | $367,000 | 3 | 2 | 1,776 | $207 | 0.1 mi |
E 294 Saint Michael Court A Sold 3 bd · 2 ba · 1,249 sqft · $272 · 0.8 mi | $340,000 | 3 | 2 | 1,249 | $272 | 0.8 mi |
F 26 Northwood Commons Place Sold 2 bd · 2 ba · 1,410 sqft · $227 · 0.1 mi | $320,000 | 2 | 2 | 1,410 | $227 | 0.1 mi |
G 2 Northwood Commons Active 3 bd · 2 ba · 1,840 sqft · $211 · 0.2 mi | $389,000 List Price | 3 | 2 | 1,840 | $211 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1979 but extensively updated within the last 5-15 years. Features a renovated kitchen with stone countertops and stainless steel appliances, newer flooring, fresh interior paint, new skylights, and a new water heater. The property is well-maintained and move-in ready.
The property features significant recent improvements including new flooring, fresh interior paint, new skylights, and a remodeled kitchen with stone countertops and stainless steel appliances, offering a move-in-ready experience.
Located in Northwood Commons, residents enjoy a low-maintenance lifestyle with HOA-managed landscaping and access to high-end amenities including a pool, spa, tennis courts, and a clubhouse.
The interior boasts unique design elements such as beamed ceilings, charming archways, and a spacious open-concept layout that provides more personality and warmth than a standard condominium.
The association fee of $680 per month is substantial and may impact the overall affordability and debt-to-income ratio for prospective buyers.
While the interior is beautifully updated, the 1979 construction year suggests that underlying structural components and systems may be nearing the end of their typical lifespan.
Welcome to the highly desirable Northwood Commons community! Nestled among beautiful mature trees in an established neighborhood, this lovely 3-bedroom, 2-bathroom home offers 1,651 square feet of comfortable living space. The open-concept layout creates a bright, spacious, and welcoming atmosphere, perfect for both everyday living and entertaining. The beautiful beamed ceiling in the living room, along with the charming archways adds warmth, architectural character, and a unique touch of charm. The kitchen is truly the heart of this home, offering a beautiful and welcoming space for cooking, gathering, and entertaining. Elegant cabinetry provides abundant storage, while gorgeous stone countertops and a charming backsplash add warmth and character. A deep basin sink, built-in microwave and oven, and stainless steel appliances complete this thoughtfully designed kitchen. With three spacious bedrooms, including an exceptionally large primary suite that feels like its own private retreat, this home offers plenty of room to relax and unwind. The primary suite features two closets and a private ensuite bathroom complete with a dual-sink vanity, a walk-in shower, generous counter space, and an abundance of storage. Additional highlights of this lovely home include a charming fireplace with a beautiful brick hearth, newer flooring, new doors, fresh interior paint, new skylights that bring in an abundance of natural light, recessed lighting, charming French doors, updated hardware and faucets, and a new 40-gallon water heater. Outside, the beautiful park-like setting with lush, mature landscaping creates a peaceful and inviting atmosphere. These thoughtful updates and lovely surroundings add to the overall charm and appeal of this home. One of the many perks of living in Northwood Commons is the wonderful amenities the HOA has to offer! Enjoy access to a community pool, relaxing spa, tennis courts, bocce ball, and a clubhouse. Imagine spending your weekends doing more of what you love instead of worrying about yard work! With the HOA taking care of the landscaping, you'll have more time to relax, enjoy the amenities, and make the most of this wonderful community. With its charming features, thoughtful updates, and desirable location, this home truly has so much to offer. Come see for yourself what makes Northwood Commons such a special place to call home!
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 | 1,651 | 1,163 |
| Lot Size | 2,614 | 1,161.5 |
| Price | $385.0K | $243.0K |
| Price per sq ft | $233 | $206 |
| Built year | 1979 | 1982 |
| HOA | $680.0 | $499 |
| Days on market | 11 | 58 |
Oct 13, 2026
$385,000
Initial Listing
Jul 2, 2021
$365,000
Public Record
Sep 20, 2016
$260,000
Public Record
Apr 22, 1998
$122,500
Public Record