7 Northwood Commons, Chico, California 95973, Chico, 95973 - 3 bed, 2 bath
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7 Northwood Commons
Chico, California 95973
ACTIVE
CONDITION: EXCELLENT
3Beds
2Baths
1,776Sq Ft
3,049Lot Size
Property Price
LIST PRICE$398,500
EST. MARKET VALUE
$410,000
SUMMARY
This Turnkey Condominium represents a Strong Value Opportunity, listed at $410,000—positioned well below the $451,628 Fair Market Value by 9%. This valuation gap provides $41,628 in Instant Equity for the buyer. Featuring a Mint Condition Rating with recent renovations, this 1,776 sqft unit includes a private Patio and modern interior finishes. Located in the Chico Unified School District, this property balances lifestyle convenience with financial upside, making it an ideal acquisition for Owner-Occupants or first-time buyers.
Estimated Market Value
$410,000
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 |
|---|---|---|---|---|---|---|
★ 7 Northwood Commons Subject 3 bd · 2 ba · 1,776 sqft · $231 | $398,500* List Price | 3 | 2 | 1,776 | $231 | - |
A 41 Northwood Commons Place Sold 2 bd · 2 ba · 1,410 sqft · $262 · 0.2 mi | $370,000 | 2 | 2 | 1,410 | $262 | 0.2 mi |
B 56 Northwood Commons Place Sold 3 bd · 2 ba · 1,776 sqft · $207 · 0.2 mi | $367,000 | 3 | 2 | 1,776 | $207 | 0.2 mi |
C 31 Northwood Commons Sold 2 bd · 2 ba · 1,410 sqft · $243 · 0.1 mi | $342,500 | 2 | 2 | 1,410 | $243 | 0.1 mi |
D 294 Saint Michael Court A Sold 3 bd · 2 ba · 1,249 sqft · $272 · 0.9 mi | $340,000 | 3 | 2 | 1,249 | $272 | 0.9 mi |
E 2 Northwood Commons Active 3 bd · 2 ba · 1,840 sqft · $211 · 0.0 mi | $389,000 List Price | 3 | 2 | 1,840 | $211 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
While originally built in 1979, the property has undergone a comprehensive recent renovation (likely <5 years) as evidenced by the new wide-plank flooring, fresh interior paint, modern recessed lighting, and updated fixtures. The unit is in mint, move-in ready condition with no visible maintenance needs, meeting the criteria for a recent high-quality renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Modernized Interior
The property has been beautifully updated, offering a move-in-ready experience that blends contemporary style with the established character of the Northwood Commons community.
- Generous Living Space
Boasting 1,776 square feet of living space, this three-bedroom unit provides a spacious and functional floor plan rarely found in typical condominium listings.
- Prime Community Setting
Situated in the peaceful and highly regarded Northwood Commons, the property offers a serene residential environment while remaining conveniently located within Chico.
CONSRISKS & DEFICIENCIES
- Recently Sold Property
The property was recently sold within the past year on 2025-12-08. The sold price is $275,000.00.
- High Association Fees
The monthly association fee of $680 is relatively high, which may deter budget-conscious buyers or impact the overall debt-to-income ratio for financing.
- Lack of Scenic Views
The property is noted as having no specific views, which may be a disadvantage for buyers seeking the aesthetic appeal of the surrounding landscape.
About 7 Northwood Commons
NEW PRICE!! Welcome to this beautifully updated condominium in peaceful Northwood Commons! Tucked away at the end of a quiet court, this move-in-ready home offers a park-like setting and a comfortable, relaxed atmosphere. Recent updates include fresh interior paint, new flooring and appliances, a new electrical panel, and a newly added pass-through from the kitchen to the dining area. The bathroom in the main bedroom has been modified with an updated shower for added comfort and convenience. Step outside and unwind on the covered back patio while enjoying the tranquil surroundings. Northwood Commons offers a wonderful selection of amenities including a pool, spa, clubhouse, tennis courts and bocce ball court. The HOA provides additional convenience by covering roof maintenance, garbage services, water, and a shared septic system. With its peaceful location, thoughtful updates, community amenities, and low-maintenance lifestyle this home is ready for you to move and and enjoy!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1979
- Lot Size
- 3,049 Sq. Ft.
Interior
- Total Bedrooms
- 3
- 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 | 3.0 | 2.7 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,776 | 1,163 |
| Lot Size | 3,049 | 1,161.5 |
| Price | $398.5K | $243.0K |
| Price per sq ft | $224 | $206 |
| Built year | 1979 | 1982 |
| HOA | $680.0 | $499 |
| Days on market | 22 | 58 |
Pricing History
Listed for Sale
Oct 17, 2026
$398,500
$410,000
-3% Price Drop
Initial Listing
Price Change
Oct 2, 2026
$410,000
Initial Listing
Sold
Dec 8, 2025
$275,000
Public Record
Sold
Jan 24, 2001
$167,000
Public Record
Sold
Sep 4, 1998
$132,000
Public Record