$547,000
SOLD NOV 12, 2024

2884 Jolyn Way Chico, CA 95973

4 Beds
3 Baths
2,096 Sq Ft
0.31 Acres

Recently Sold

$261 Per Sq Ft

1% Above List Price

6 Days on Market

Highlights

  • View of Trees or Woods
  • Open Floorplan
  • Wooded Lot
  • Bidwell Junior High School Rated A-
  • Contemporary Architecture
  • Private Yard

About This Home

As of November 2024

Morseman Village Duplex! This income property shows pride of ownership reflected in its well-maintained appearance and thoughtful upgrades including new paint, flooring, baseboards, energy efficient windows and landscaping. The backyards are well-groomed providing space for gardening, entertainment and your four legged pets. Both units have a garage for parking or storage. This property would be a great investment or live in one side and rent the other. An HOA fee covers front yard landscaping with weekly maintenance. Unit A is 2 bedroom, 1 bath, Unit B is 2 bedroom, 2 bath.

Last Agent to Sell the Property

Sandy Stoner

Century 21 Select Real Estate, Inc. Brokerage Phone: 530-514-5555 License #01131795 Listed on: 09/28/2024

Century 21 Select Real Estate, Inc.

Last Buyer's Agent

Stephanie Jensen

Parkway Real Estate Co. License #01990102

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,983

Year Built

  • Built in 1978

Lot Details

  • 0.31 Acre Lot
  • 1 Common Wall
  • Wood Fence
  • Fence is in average condition
  • Landscaped
  • Front Yard Sprinklers
  • Wooded Lot
  • Private Yard
  • Lawn
  • Garden
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Front Facing Garage
  • Single Garage Door
  • Driveway
  • Off-Street Parking

Property Views

  • Woods
  • Neighborhood

Home Design

  • Duplex
  • Contemporary Architecture
  • Slab Foundation
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 2,096 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Beamed Ceilings
  • Wood Burning Fireplace
  • Double Pane Windows
  • Blinds
  • Window Screens
  • Sliding Doors
  • Living Room with Fireplace

Kitchen

  • Electric Oven
  • Dishwasher
  • Formica Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Electric Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Connected
  • Gas Water Heater
  • Shared Septic

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 7
  • Assessor Parcel Number 007320007000

Community Details

Overview

  • Property has a Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,616
  • Other Expense $1,920
  • Trash Expense $552
  • Water Sewer Expense $768
  • Operating Expense $4,856
  • Gross Income $34,264
  • Net Operating Income $32,344

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,983

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Price Per Unit: 269500
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 768.00
  • Zoning: R2
  • Architectural Style: Contemporary
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 007320007000
  • Year Built: 1978
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Beamed Ceilings, Formica Counters, Open Floorplan
  • Stories: 1
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Door Features: Sliding Doors
  • Entry Level: 1
  • Fireplace Features: Living Room, Wood Burning
  • Levels: One
  • Price Per Square Foot: 260.97
  • Room Type: All Bedrooms Down, Kitchen, Living Room, Main Floor Bedroom
  • Window Features: Blinds, Double Pane Windows, Screens

Exterior Features

  • Foundation: Slab
  • Exterior Features: Rain Gutters
  • View: Neighborhood, Trees/Woods
  • Fence: Yes
  • Fencing: Average Condition, Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Concrete, Garage, Garage Faces Front, Garage - Single Door, Off Street
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Disposal, Gas Water Heater, Refrigerator, Vented Exhaust Fan, Water Heater
  • Heating Type: Central
  • Laundry Features: Electric Dryer Hookup, In Garage
  • Sewer: Shared Septic
  • Trash Expense: 552.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Front Yard, Garden, Landscaped, Lawn, Sprinkler System, Sprinklers In Front, Sprinklers Manual, Treed Lot, Yard
  • Lot Size Sq Ft: 13504.00
  • Lot Size Acres: 0.3100

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 34264.00
  • Gross Scheduled Income: 37200.00
  • Insurance Expense: 1616.00
  • Lot Size Area: 13504.0000 Square Feet
  • Net Operating Income: 32344.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Carpet: 1
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 4856.00
  • Other Expense: 1920.00
  • Other Expense Description: HOA
  • Rent Control: No
  • Total Expenses: 4856.00

Tax Info

  • Tax Census Tract: 2.01
  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2024
Closed on
Nov 6, 2024
Sold by
Daniel And Christine Gobba Living Trust and Gobba Daniel B
Bought by
Kerry Bradford E and Kerry Tracina
Seller's Agent
Sandy Stoner
Century 21 Select Real Estate, Inc.
Buyer's Agent
Stephanie Jensen
Parkway Real Estate Co.
List Price
$539,000
Sold Price
$547,000
Premium/Discount to List
$8,000
1.48%
Total Days on Market
6
Current Estimated Value
$572,554

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,554
Avg. Annual Appreciation
8.19%
Original Mortgage
$410,250
Outstanding Balance
$408,219
Interest Rate
6.08%
Mortgage Type
New Conventional
Estimated Equity
$164,335

Purchase Details

Closed on
Jul 1, 2014
Sold by
Gobba Daniel B and Gobba Christine M
Bought by
The Daniel & Christine Gobba Living Trus
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $547,000 Mid Valley Title & Escrow
Grant Deed $547,000 Mid Valley Title & Escrow
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $410,250 New Conventional
Closed $410,250 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2024 11/12/24 Sold $547,000 +1.5% $261 / Sq Ft
10/04/2024 10/04/24 Pending -- -- --
09/28/2024 09/28/24 For Sale $539,000 -- $257 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

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
2024 $1,983 $178,623 $60,040 $118,583
2023 $1,959 $175,121 $58,863 $116,258
2022 $1,927 $171,688 $57,709 $113,979
2021 $1,891 $168,323 $56,578 $111,745
2020 $1,885 $166,598 $55,998 $110,600
2019 $1,856 $163,332 $54,900 $108,432
2018 $1,823 $160,130 $53,824 $106,306
2017 $1,785 $156,991 $52,769 $104,222
2016 $1,630 $153,914 $51,735 $102,179
2015 $1,630 $151,603 $50,958 $100,645
2014 $1,604 $148,634 $49,960 $98,674
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN24201634

California Regional Multiple Listing Service (CRMLS)

APN: 007-320-007-000