$549,000

2842 Jolyn Way Chico, CA 95973

Estimated payment $3,435/month

5 Beds
4 Baths
2,426 Sq Ft
$226 Price per Sq Ft

Highlights

  • Contemporary Architecture
  • Wooded Lot
  • Living Room
  • Bidwell Junior High School Rated A-
  • Beamed Ceilings
  • Laundry Room

About This Home

Duplex in the Morseman Village and a great opportunity for investors! Fully rented and Unit A is a 3 bedroom, 2 bathroom with an attached 1 car garage and laundry hook up in the garage. Unit B is a 2 bedroom 2 bathroom with an attached 1 car garage and laundry hookups in the garage. Both units have very nice size backyards and fully fenced. The property is located at the end of the cul-de-sac and makes this very diserable for the tenants. There is a HOA of $164.00 a month that covers front yard landscaping.

Listing Agent

Sandy Stoner

Century 21 Select Real Estate, Inc. Brokerage Phone: 530-514-5555 License #01131795 Listed on: 11/19/2025

Century 21 Select Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,466

Year Built

  • Built in 1978

Lot Details

  • 0.31 Acre Lot
  • 1 Common Wall
  • Wood Fence
  • Wooded Lot
  • Back and Front Yard
  • Density is up to 1 Unit/Acre

HOA Fees

  • $164 Monthly HOA Fees

Parking

  • 1 Car Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Front Facing Garage
  • Single Garage Door
  • Driveway

Home Design

  • Duplex
  • Contemporary Architecture
  • Entry on the 1st floor
  • Planned Development
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,426 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Sliding Doors
  • Living Room

Kitchen

  • Electric Cooktop
  • Dishwasher
  • Formica Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Water Heater

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 007320003000

Community Details

Overview

  • 2 Units
  • Morseman Village Association

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,391
  • Maintenance Expense $240
  • Other Expense $1,098
  • Professional Management Expense $2,685
  • Water Sewer Expense $1,596
  • Operating Expense $7,010
  • Gross Income $30,790
  • Net Operating Income $30,790

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,466

Year Built

Built in 1978

Lot Details

0

HOA Fees

$164 per month

Parking

1

Listing Details

  • Assessments: Yes
  • Professional Management Expense: 2685.00
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Water Sewer Expenses: 1596.00
  • Architectural Style: Contemporary
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 007320003000
  • Year Built: 1978
  • Special Features: None

Interior Features

  • Interior Amenities: Beamed Ceilings, Formica Counters
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Door Features: Sliding Doors
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 226.30
  • Room Type: All Bedrooms Down, Kitchen, Living Room, Primary Bathroom, Primary Bedroom

Exterior Features

  • Foundation: Slab
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Garage Faces Front, Garage - Single Door
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Cooktop, Disposal, Water Heater
  • Heating Type: Central
  • Laundry Features: In Garage, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 164.00
  • Association Fee Frequency: Monthly
  • Association Name: Morseman Village
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Curbs, Gutters

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard, Treed Lot
  • Lot Size Sq Ft: 13504.00
  • Lot Size Acres: 0.3100

Multi Family

  • Gross Income: 30790.00
  • Gross Scheduled Income: 37800.00
  • Insurance Expense: 1391.00
  • Lot Size Area: 13504.0000 Square Feet
  • Maintenance Expense: 240.00
  • Net Operating Income: 30790.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Carpet: 2
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 7010.00
  • Other Expense: 1098.00
  • Other Expense Description: Repairs
  • Rent Control: No
  • Total Actual Rent: 3150.00
  • Total Expenses: 7010.00

Tax Info

  • Tax Lot: 3

Map

Range of Values:

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Value Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,466 $411,769 $147,972 $263,797
2024 $4,466 $402,716 $145,071 $257,645
2023 $4,413 $395,821 $142,227 $253,594
2022 $4,343 $388,081 $139,439 $248,642
2021 $4,261 $380,492 $136,705 $243,787
2020 $4,249 $376,602 $135,304 $241,298
2019 $4,178 $369,238 $132,651 $236,587
2018 $4,101 $362,018 $130,050 $231,968
2017 $4,019 $354,940 $127,500 $227,440
2016 $1,846 $174,430 $53,822 $120,608
2015 $1,846 $171,811 $53,014 $118,797
2014 $1,801 $168,446 $51,976 $116,470
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/19/2025 11/19/25 For Sale $549,000 +57.3% $226 / Sq Ft
04/27/2016 04/27/16 Sold $349,000 0.0% $144 / Sq Ft View Prior Sale
04/06/2016 04/06/16 Pending -- -- --
04/01/2016 04/01/16 For Sale $349,000 -- $144 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- New Title Company Name
Trustee Deed -- New Title Company Name
Interfamily Deed Transfer -- Fidelity National Title Co O
Grant Deed $349,000 Mid Valley Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $203,500 New Conventional
Closed $203,500 New Conventional
Previous Owner $210,000 New Conventional
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN25262984

California Regional Multiple Listing Service (CRMLS)

APN: 007-320-003-000