NOT LISTED FOR SALE

2950 Jolyn Way Chico, CA 95973

Estimated Value: $519,999 - $657,000

5 Beds
4 Baths
2,426 Sq Ft
$231/Sq Ft Est. Value

Sale Details

Date Sold: March 17, 2025

Last sale price $535,000 $221 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,376 / mo

42 Days on Market

Highlights

  • Neighborhood Views
  • Beamed Ceilings
  • Park
  • Bidwell Junior High School Rated A-
  • Cul-De-Sac
  • Laundry Room

About This Home

As of March 2025

Duplex in Highly Desirable Morseman Village – A Prime Investment Opportunity! This well-maintained duplex offers an excellent investment opportunity in one of the most sought-after neighborhoods in Morseman Village. Here’s a breakdown of the key features: Property Features:
Unit A: 3 Bedrooms / 2 Bathrooms
Attached 1-Car Garage
Laundry Hookups
Fully Fenced Yard
Unit B: 2 Bedrooms / 2 Bathrooms
Attached 1-Car Garage
Laundry Hookups
Fully Fenced Yard (recently updated with new paint and vinyl plank flooring in the dining, kitchen, and bathrooms)
Additional Highlights:
Location: Positioned at the end of a cul-de-sac on a spacious lot with mature trees, offering a serene and private setting.
Generously Sized Yards: Both units feature large, fully fenced yards, perfect for outdoor activities and privacy.
HOA: $164/month, covering front yard maintenance. This ensures beautifully maintained lawns, tree-lined streets, sidewalks, and streetlights, creating a pleasant, welcoming neighborhood atmosphere.
Long-Term Value: With steady value appreciation in this desirable area, this property offers not just rental income potential but long-term capital growth.
Ideal Investment:
This duplex is a fantastic opportunity for investors looking for a property in a growing neighborhood with a strong potential for future appreciation. With the possibility of rental income from both units, it's a great option for maximizing returns. The well-kept units, HOA amenities, and prime location make this property a smart and desirable choice.

Last Agent to Sell the Property

Robert Jeffries

Re/Max of Chico Brokerage Phone: 530-896-9300 License #01716956 Listed on: 12/18/2024

Re/Max of Chico

Last Buyer's Agent

Alice Zeissler

Century 21 Select Real Estate, Inc. License #01312354

Century 21 Select Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1978

Lot Details

  • 18,295 Sq Ft Lot
  • 1 Common Wall
  • Cul-De-Sac
  • Wood Fence
  • Level Lot
  • Back and Front Yard

Parking

  • 1 Car Garage
  • Parking Available
  • Front Facing Garage
  • Single Garage Door
  • Driveway

Home Design

  • Duplex
  • Entry on the 1st floor
  • Turnkey
  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 2,426 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Neighborhood Views
  • Formica Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • 220 Volts In Laundry

Outdoor Features

  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Septic Type Unknown

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 007320012000

Community Details

Overview

  • Property has a Home Owners Association
  • 2 Units

Recreation

  • Park
  • Dog Park
  • Bike Trail

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,121
  • Other Expense $1,968
  • Trash Expense $732
  • Water Sewer Expense $1,428
  • Operating Expense $6,249
  • Gross Income $38,400
  • Net Operating Income $32,151

Property Details

Home Type

Multi-Family

Year Built

Built in 1978

Lot Details

0.42 Acres

Parking

1

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Water Sewer Expenses: 1428.00
  • Property Condition: Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 007320012000
  • Year Built: 1978
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Beamed Ceilings, Formica Counters
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Fireplace Features: Living Room, Wood Burning
  • Levels: One
  • Price Per Square Foot: 220.53
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Neighborhood
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Brick, Stucco, Wood Siding

Garage/Parking

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

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: 220 Volts in Laundry
  • Heating Type: Central, Natural Gas
  • Laundry Features: In Garage
  • Sewer: Unknown
  • Trash Expense: 732.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Biking, Curbs, Dog Park, Gutters, Park, Sidewalks, Storm Drains

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Cul-De-Sac, Front Yard, Level with Street
  • Lot Size Sq Ft: 18295.00
  • Lot Size Acres: 0.4200

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 38400.00
  • Gross Operating Income: 38400.00
  • Gross Scheduled Income: 38400.00
  • Insurance Expense: 2121.00
  • Lot Size Area: 18295.0000 Square Feet
  • Net Operating Income: 32151.00
  • 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 Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 6249.00
  • Other Expense: 1968.00
  • Other Expense Description: HOA
  • Rent Control: No
  • Total Expenses: 6249.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2024
Closed on
Feb 21, 2025
Sold by
Thomas James W
Bought by
Baird Michael
Seller's Agent
Robert Jeffries
Re/Max of Chico
Buyer's Agent
Alice Zeissler
Century 21 Select Real Estate, Inc.
List Price
$590,000
Sold Price
$535,000
Premium/Discount to List
-$55,000
-9.32%
Views
45
Current Estimated Value
$560,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,250
Avg. Annual Appreciation
3.92%

Purchase Details

Closed on
Mar 8, 2010
Sold by
Ditter Jeanette M and The Jeanette M Ditter Family T
Bought by
Thomas James W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 2006
Sold by
Ditter Jeanette M
Bought by
Ditter Jeanette M and The Jeanette M Ditter Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,500
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 2, 2006
Sold by
Britton Gary and Albrightson Courtney
Bought by
Ditter Jeanette M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,500
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 26, 2001
Sold by
Mulholland William P and Mulholland Patricia Y
Bought by
Britton Gary and Albrightson Courtney

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
7.06%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Baird Michael $531,500 Mid Valley Title
Thomas James W $290,000 Mid Valley Title & Escrow Co
Ditter Jeanette M -- None Available
Ditter Jeanette M $410,000 Bidwell Title & Escrow
Britton Gary $180,000 Bidwell Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner Thomas James W $232,000
Previous Owner Ditter Jeanette M $307,500
Previous Owner Britton Gary $130,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/17/2025 03/17/25 Sold $535,000 -9.3% $221 / Sq Ft
01/29/2025 01/29/25 Pending -- -- --
12/18/2024 12/18/24 For Sale $590,000 -- $243 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $4,061 $374,320 $116,165 $258,155
2024 $4,061 $366,982 $113,888 $253,094
2023 $4,013 $359,787 $111,655 $248,132
2022 $3,948 $352,733 $109,466 $243,267
2021 $3,874 $345,818 $107,320 $238,498
2020 $3,863 $342,273 $106,220 $236,053
2019 $3,719 $335,563 $104,138 $231,425
2018 $3,649 $328,985 $102,097 $226,888
2017 $3,574 $322,536 $100,096 $222,440
2016 $2,828 $275,000 $115,000 $160,000
2015 $2,871 $275,000 $115,000 $160,000
2014 $2,711 $260,000 $90,000 $170,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN24251268

California Regional Multiple Listing Service (CRMLS)

APN: 007-320-012-000

Your Personal Tour Guide

Ask me questions while you tour the home.