$565,000
SOLD APR 16, 2025

2940 Jolyn Way Chico, CA 95973

4 Beds
3 Baths
2,096 Sq Ft
0.31 Acres

Recently Sold

$270 Per Sq Ft

9 Days on Market

Highlights

  • Attic
  • Lawn
  • Beamed Ceilings
  • Bidwell Junior High School Rated A-
  • Neighborhood Views
  • Double Pane Windows

About This Home

As of April 2025

Check out this great opportunity to own this well maintained duplex in a sought after neighborhood. This duplex offers Unit A 2 bedrooms, 1 bathroom and Unit B 2 bedrooms, 2 bathroom. Each unit has their own garage which includes laundry hook ups. Inside has a beautifully beamed livingroom, tons of natural light, and a spacious kitchen. The sliding glass doors lead you to the fully fenced, spacious backyard perfect for a garden. Upgrades includes a new driveway, new roof, all new windows on both sides, and recent tree work. Come take a look at this fantastic opportunity.

Last Agent to Sell the Property

Carly Wolf

Re/Max of Chico Brokerage Phone: 530-896-9300 License #02074740 Listed on: 03/13/2025

Re/Max of Chico

Last Buyer's Agent

Kim Tonge

Century 21 Select Real Estate, Inc. License #01318330

Century 21 Select Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,026

Year Built

  • Built in 1978

Lot Details

  • 0.31 Acre Lot
  • 1 Common Wall
  • Wood Fence
  • Lawn
  • Back and Front Yard

HOA Fees

  • $164 Monthly HOA Fees

Parking

  • 2 Car Garage
  • 6 Open Parking Spaces
  • Parking Available
  • Front Facing Garage
  • Driveway

Home Design

  • Duplex
  • Entry on the 1st floor
  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,096 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Ceiling Fan
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Living Room with Fireplace
  • Neighborhood Views
  • Attic

Kitchen

  • Electric Oven
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Shed

Utilities

  • Central Heating and Cooling System
  • 220 Volts in Garage
  • Natural Gas Connected
  • Gas Water Heater
  • Conventional Septic
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 11
  • Assessor Parcel Number 007320011000
  • Seller Considering Concessions

Community Details

Overview

  • Front Yard Maintenance
  • 2 Units
  • Hignell Association, Phone Number (530) 894-0404

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,100
  • Other Expense $1,968
  • Trash Expense $501
  • Water Sewer Expense $1,000
  • New Taxes Expense $4,025
  • Operating Expense $8,594
  • Gross Income $19,800
  • Net Operating Income $11,206

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,026

Year Built

Built in 1978

Lot Details

0

HOA Fees

$164 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Price Per Unit: 282500
  • 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: 1000.00
  • Zoning: R2
  • Architectural Style: Ranch
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 007320011000
  • Year Built: 1978
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Beamed Ceilings, Ceiling Fan(s)
  • Stories: 1
  • Entry Location: Groud
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 269.56
  • Room Type: All Bedrooms Down, Attic, Kitchen, Living Room, Walk-In Closet
  • Window Features: Double Pane Windows, ENERGY STAR Qualified Windows

Exterior Features

  • Foundation: Slab
  • Other Structures: Shed(s)
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage Faces Front
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 6.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Gas Water Heater, Refrigerator
  • Electric: 220 Volts in Garage
  • Heating Type: Central, Fireplace(s)
  • Laundry Features: Gas & Electric Dryer Hookup, In Garage, Washer Hookup
  • Sewer: Conventional Septic
  • Trash Expense: 501.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Maintenance Front Yard
  • Association Fee: 164.00
  • Association Fee Frequency: Monthly
  • Association Name: Hignell
  • Phone: 530-894-0404
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Lawn
  • Lot Size Sq Ft: 13503.60
  • Lot Size Acres: 0.3100

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 19800.00
  • Gross Scheduled Income: 19800.00
  • Insurance Expense: 1100.00
  • Lot Size Area: 0.3100 Acres
  • Net Operating Income: 11206.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 8594.00
  • Other Expense: 1968.00
  • Rent Control: No
  • Total Actual Rent: 1650.00
  • Total Expenses: 8594.00

Tax Info

  • New Taxes Expense: 4025.00
  • Tax Census Tract: 2.01
  • Tax Lot: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2024
Closed on
Apr 26, 2024
Sold by
Mirande Lindsay and Mirande Scott
Bought by
Russo Anthony Joseph and Russo Caitlin Sieferman
Seller's Agent
Raeann Titus
Titus Properties
Buyer's Agent
Carly Wolf
Re/Max of Chico
List Price
$485,000
Sold Price
$532,000
Premium/Discount to List
$47,000
9.69%
Views
39
Current Estimated Value
$607,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,925
Avg. Annual Appreciation
9.85%
Original Mortgage
$478,800
Outstanding Balance
$471,905
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$136,020

Purchase Details

Closed on
Jun 29, 2017
Sold by
Mirande Lindsay and Matheu Lndsay Dorene
Bought by
Mirande Lindsay and Mirande Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,500
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2009
Sold by
Castellano Eric T and Castellano Julie J
Bought by
Matheu Lindsay Dorene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,500
Interest Rate
5.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 16, 2004
Sold by
Bailey Mary Louise
Bought by
Castellano Eric T and Castellano Julie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
5.39%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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 -- Timios Title
Interfamily Deed Transfer -- Timios Inc
Grant Deed $287,500 Fidelity Natl Title Co Of Ca
Grant Deed $175,000 Fidelity Natl Title Co Of Ca
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $478,800 New Conventional
Previous Owner $227,500 New Conventional
Previous Owner $137,500 Purchase Money Mortgage
Previous Owner $170,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2025 04/16/25 Sold $565,000 0.0% $270 / Sq Ft
03/22/2025 03/22/25 Pending -- -- --
03/13/2025 03/13/25 For Sale $565,000 +6.2% $270 / Sq Ft
04/29/2024 04/29/24 Sold $532,000 +9.7% $254 / Sq Ft
04/08/2024 04/08/24 Pending -- -- --
04/01/2024 04/01/24 For Sale $485,000 -- $231 / 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
2025 $4,026 $542,640 $193,800 $348,840
2024 $4,026 $363,820 $132,871 $230,949
2023 $3,978 $356,687 $130,266 $226,421
2022 $3,914 $349,694 $127,712 $221,982
2021 $3,841 $342,838 $125,208 $217,630
2020 $3,830 $339,324 $123,925 $215,399
2019 $3,765 $332,672 $121,496 $211,176
2018 $3,401 $300,000 $130,000 $170,000
2017 $3,117 $275,000 $115,000 $160,000
2016 $2,902 $275,000 $115,000 $160,000
2015 $2,732 $255,000 $115,000 $140,000
2014 $2,626 $245,000 $90,000 $155,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN25049840

California Regional Multiple Listing Service (CRMLS)

APN: 007-320-011-000