
Chico, California 95973
This Spacious Condominium represents a Strong Value Opportunity, listed at $343,000—positioned well below the $362,292 Fair Market Value by 5%. This valuation gap provides $19,292 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home offers a Granite Kitchen, vaulted beamed ceilings, and a Private Patio. With the HOA covering exterior maintenance and community amenities like a pool, this property is an ideal, low-maintenance choice for Owner-Occupants or first-time buyers seeking a move-in ready lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 56 Northwood Commons Place Subject | $343,000* List Price | 3 | 2 | 1,776 | $204 | - |
A 7 Northwood Commons Place Sold | $275,000 | 3 | 2 | 1,776 | $155 | 0.2 mi |
B 26 Northwood Commons Place Sold | $320,000 | 2 | 2 | 1,410 | $227 | 0.1 mi |
C 72 Northwood Commons Place Sold | $325,000 | 4 | 3 | 2,260 | $144 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1978 but shows clear evidence of a mid-range renovation within the last 10-15 years. The kitchen features updated granite countertops, a modern subway tile backsplash, and newer laminate flooring. The interior is well-maintained, move-in ready, and features functional systems and a roof maintained by the HOA.
The HOA covers exterior maintenance, roof, water, and garbage, paired with premium amenities like a pool and clubhouse for a truly low-maintenance lifestyle.
Vaulted beamed ceilings, plantation shutters, and a brick fireplace provide a bright, sophisticated interior that stands out from typical condominium units.
Currently listed at $343,000, the property is priced significantly below its 2022 sale price of $423,000, offering a compelling entry point into a sought-after community.
The monthly HOA fee of $680 is relatively high and may impact the overall affordability and debt-to-income ratio for prospective buyers.
Built in 1978, the home may require future updates to older mechanical systems or infrastructure that are not covered by the recent cosmetic renovations.
Northwood Commons! Located in a highly sought-after community known for its beautifully maintained landscaping, sparkling pool, clubhouse, and recreational courts, this inviting 3 bedroom, 2 bathroom condo offers comfort, convenience, and a lifestyle you’ll love. With its peaceful setting, manicured grounds, and well-kept surroundings, the neighborhood offers the feel of a gated community without the gates. From the moment you walk inside, you’ll appreciate the bright and welcoming atmosphere created by the vaulted beamed ceilings, abundant natural light, plantation shutters throughout, and attractive flooring that flows throughout the home. The spacious living room is warm and inviting, featuring a charming brick fireplace that creates the perfect focal point for relaxing evenings or entertaining guests. The thoughtfully designed kitchen comes equipped with granite countertops, ample cabinetry for storage, a stylish tile backsplash, and an electric cooktop that makes preparing meals simple and enjoyable. Nearby dining and living spaces provide an easy flow for both everyday living and hosting family and friends. The generously sized primary suite offers a peaceful place to unwind, while the additional bedrooms provide flexibility for guests, a home office, or hobbies. You’ll also appreciate the indoor laundry area, abundant storage throughout, and a private patio space perfect for enjoying your morning coffee or relaxing outdoors after a long day. Adding even more value, the HOA takes care of the water and garbage bill along with exterior maintenance including the roof, lawns, and beautifully maintained gardens, allowing for truly low-maintenance living. Beyond the home itself, Northwood Commons offers an array of amenities designed to enhance everyday living, from the community clubhouse and pool to the recreational areas and lush greenbelts. Conveniently located near shopping, dining, parks, and everyday amenities, this wonderful condo combines comfort, charm, and ease of living all in one exceptional property.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,776 | 1,776 | 50% |
| Lot Size | 3,049 | 2,614 | 60% |
| Price | $343.0K | $325.0K | 60% |
| Price per sq ft | $193 | $193 | 50% |
| Built year | 1978 | 1979 | 40% |
| HOA | $680.0 | $680 | 50% |
| Days on market | 19 | 309 | 20% |
May 18, 2026
$343,000
Initial Listing
May 18, 2022
$423,000
Public Record
Mar 19, 2021
$385,000
Public Record
Oct 7, 1999
$142,500
Public Record