NOT LISTED FOR SALE

5861 E North St Tucson, AZ 85712

Rose Hill Estates Neighborhood

Estimated Value: $324,000 - $456,000

Studio
3 Baths
2,872 Sq Ft
$128/Sq Ft Est. Value

Sale Details

Date Sold: April 16, 2024

Last sale price $355,000 $124 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,204 / mo

57 Days on Market

Highlights

  • Golf Course Community
  • 0.21 Acre Lot
  • Deck
  • Fitness Center
  • Mountain View
  • Ranch Style House

About This Home

As of April 2024

Rare opportunity to own this well built masonry triplex in an ideal location close to essential amenities, parks, medical facilities, shopping and bus line. These units are always rented. East corner unit has been remodeled and rents for the highest amount. Roo for improvements and rental income increases in the other 2 units. Middle unit is month to month, end units are on 1 year leases.

Last Agent to Sell the Property

Jose Rincon

TR Realty & Investments LLC License #SA102080000 Listed on: 02/21/2024

Co-Listed By

Adriana Rincon

TR Realty & Investments LLC License #BR116779000

Last Buyer's Agent

Jose Rincon

TR Realty & Investments LLC License #SA102080000 Listed on: 02/21/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 48 Sq Ft Lot
  • Lot Dimensions are 90x110
  • Property fronts an alley
  • Slump Stone Wall
  • Block Wall Fence
  • Corner Lot

Home Design

  • Triplex
  • Ranch Style House
  • Brick or Stone Mason
  • Built-Up Roof
  • Lead Paint Disclosure

Interior Spaces

  • 2,872 Sq Ft Home
  • Ceiling Fan
  • Window Treatments
  • Family Room
  • Combination Dining and Living Room
  • Storage
  • Ceramic Tile Flooring
  • Mountain Views
  • Window Bars

Kitchen

  • Breakfast Area or Nook
  • Gas Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Split Bedroom Floorplan
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Located Outside
  • Laundry in Kitchen

Parking

  • 6 Parking Spaces
  • Parking Pad

Schools

  • Whitmore Elementary School
  • Dodge Traditional Magnet Middle School
  • Catalina High School

Utilities

  • Air Source Heat Pump
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Level Entry For Accessibility
  • North or South Exposure
  • Deck
  • Ground Level

Listing and Financial Details

  • $2,491 special tax assessment

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Park
  • Trails

Building Details

  • Insurance Expense $1,348
  • Professional Management Expense $2,150
  • Water Sewer Expense $3,000
  • New Taxes Expense $2,491
  • Operating Expense $8,989
  • Gross Income $42,958
  • Net Operating Income $33,969

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

48 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Horses: No
  • Lot Size: 90x110
  • Road Surface Type: Paved
  • CapRate: 9.57
  • Professional Management Expense: 2150.0
  • Co List Office Mls Id: 4513
  • Co List Office Phone: 520-349-9700
  • Co List Office Mls Id: 4513
  • Subdivision Name: Rainbow Vista Estates
  • General Property Information: List Price/SqFt: 156.69
  • General Property Information: Lot Size Price/SqFt: 48.8
  • Special Features: None

Interior Features

  • Appliances: Disposal, Electric Range, Gas Range, Dishwasher, Refrigerator

Exterior Features

  • ExteriorFeatures: None
  • Roof: Built-Up - Reflect
  • View: Mountain(s)
  • Construction Type: Brick, Slump Block
  • Patio And Porch Features: Deck

Utilities

  • Electric Electric Company: TEP
  • Utilities: Sewer Connected
  • Laundry Features: In Kitchen, Outside
  • Cooling: Heat Pump
  • Heating Yn: Yes
  • Water Source: Public

Fee Information

  • Expenses Figures Presented: Actual
  • Expenses Taxes Assessments: 2491.0
  • Annual Water Sewer Expense: 3000.0

Schools

  • Junior High Dist: TUSD
  • Middle Or Junior School: Dodge Traditional Magnet

Lot Info

  • Lot Features: Adjacent to Alley, North/South Exposure, Decorative Gravel, Corner Lot
  • Lot Size Sq Ft: 48.0
  • Zoning: Tucson - R2

Building Info

  • Year Built: 1962

Rental Info

  • Utilities Paid Landscaping: Tenant
  • Utilities Paid Trash: Owner

Tax Info

  • Tax Year: 2023
  • New Taxes Expense: 2491.0

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 42957.5
  • Insurance Expense: 1348.0
  • Property Net Operating Income: 33968.5
  • Annual Operating Expense: 8989.0

MLS Schools

  • Elementary School: Whitmore
  • High School: Catalina

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2024
Closed on
Apr 15, 2024
Sold by
Chowhan Ramanjot
Bought by
Rincon Jose L and Rincon Adriana
Seller's Agent
Jose Rincon
TR Realty & Investments LLC
Buyer's Agent
Jose Rincon
TR Realty & Investments LLC
List Price
$450,000
Sold Price
$355,000
Premium/Discount to List
-$95,000
-21.11%
Views
17
Current Estimated Value
$366,301

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,301
Avg. Annual Appreciation
1.58%

Purchase Details

Listed on
Feb 21, 2024
Closed on
Apr 5, 2024
Sold by
Chowhan Ramanjot
Bought by
Rincon Jose L and Rincon Adriana
Seller's Agent
Jose Rincon
TR Realty & Investments LLC
Buyer's Agent
Jose Rincon
TR Realty & Investments LLC
List Price
$450,000
Sold Price
$355,000
Premium/Discount to List
-$95,000
-21.11%
Views
17

Purchase Details

Closed on
Apr 5, 1996
Sold by
Block Anna L and Block Charles B
Bought by
Chowhan Harinder and Chowhan Ramanjot

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,500
Interest Rate
7.34%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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 Buyer Sale Price Title Company
Rincon Jose L $355,000 First American Title Insurance
Rincon Jose L $355,000 First American Title Insurance
Chowhan Harinder $175,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chowhan Harinder $122,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/16/2024 04/16/24 Sold $355,000 -21.1% $124 / Sq Ft
04/12/2024 04/12/24 Pending -- -- --
02/15/2024 02/15/24 For Sale $450,000 -- $157 / Sq Ft
Source: MLS of Southern Arizona

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
2026 $3,147 $24,983 -- --
2025 $3,147 $23,793 -- --
2024 $2,519 $22,660 -- --
2023 $2,519 $21,581 -- --
2022 $2,511 $20,554 $0 $0
2021 $2,519 $18,643 $0 $0
2020 $2,418 $18,643 $0 $0
2019 $2,407 $20,104 $0 $0
2018 $2,296 $16,503 $0 $0
2017 $2,191 $16,503 $0 $0
2016 $2,455 $15,717 $0 $0
2015 $2,372 $14,969 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    Jose Rincon

    TR Realty & Investments LLC

    (520) 360-9619

    1 in this area

    22 Total Sales

    Jose Rincon
    Section Image
  • Adriana Rincon

    Seller Co-Listing Agent in 2024

    Adriana Rincon

    TR Realty & Investments LLC

    (520) 549-7272

    1 in this area

    49 Total Sales

    Adriana Rincon
    Section Image
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Map

Source: MLS of Southern Arizona

MLS Number: 22404491

MLS of Southern Arizona

APN: 121-04-0010

Arizona Pima County Tucson 85712 Rose Hill Estates

5861 E North St, Tucson, AZ

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS of Southern Arizona The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Ten-X are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. Listing information Copyright 2026 MLS of Southern Arizona. All Rights Reserved.

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