printout House: Katuyama, Fukui

Asset type
House
Yield
49.2%
Rank
★★☆☆☆
Bid period ended

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Base bid price 3,340,000yen You could bid above 2,672,000yen
Bid period ended

Results

Court classification House Sale price -
Bid opening No sale Number of bidders -
Winner qualification -

Location

Location Katuyama, Fukui
Traffic access on report(japanese) えちぜん鉄道勝山永平寺線「勝山」駅 北方 約2.0km(道路距離)
Reference(japanese) えちぜん鉄道勝山永平寺線 比島駅 北東方 0.93km

Property data

Type Building Property number 1
Building number 331-1
Registered type Factory Actual -
Registered structure WoodenTile・Painted steel sheet roofedOne-story Actual Wood・steel structuredTile・Painted steel sheet roofed2F building
Registered floor area 431.09m2 Actual 1F 431.09m2,2F 300.83m2
Layout Others Land right Land lease
Occupant debtor・owner Year/month built 1970/06
Type Building Property number 2
Building number 331-2
Registered type Factory Actual -
Registered structure Lightsteel structuredZinc-coated steel sheetroofedOne-story Actual -
Registered floor area 194.40m2 Actual -
Layout Others Land right Land lease
Occupant debtor・owner Year/month built 1973/03
Type Building Property number 3
Building number 331-3
Registered type Residence Actual -
Registered structure WoodenTile・Painted steel sheet roofed2F building Actual -
Registered floor area 1F 87.67m2,2F 52.06m2 Actual -
Layout Others Land right Land lease・Others
Occupant debtor・owner Year/month built 1981/12
Type Building Property number 4
Building number 331-4
Registered type Factory Actual -
Registered structure WoodenZinc-coated steel sheet roofedOne-story Actual Wood・steel structuredZinc-coated steel sheet roofedOne-story
Registered floor area 198.90m2 Actual -
Layout Others Land right Land lease
Occupant debtor・owner Year/month built 2015/11

Numerical data

Cap rate 49.2% Area 731㎡
Gross yield 67.7% Base bid price 3,340,000yen
Lease demand 4 / 25pt Minimum bid price 2,672,000yen
Ratio of years passed
to depreciable years
159% Earnest money deposit 668,000yen

Court data

Case number 2023(M)45 Announced 2024/04/16
Court Fukui District Court (Main) Start of viewing 2024/04/16
Sale type Sealed bid auction (1 times) Bid period 2024/05/01 ~ 2024/05/10
Farm land - Result 2024/05/15
Sale decision 2024/06/05 Special sale 2024/05/16 ~ 2024/05/17

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Points to note

Property price for assets not on court auctions does not include miscellaneous purchase expenses of about 7.5%.

Thus buying the asset at 3340000yen in court auction is the same as buying the asset out of court auction at 3110000yen(excluding misc. expenses).

In foreclosed properties, expenses for purchasing differ from ordniary purchase. Generally, however, it takes about 30%, depending on location and asset, in intermediary margins. Court auction is the sole market in which general public can eliminiate this margin.

For the same money, one can acquire better quality in foreclosed properties: auction concierges of 981.jp provide useful assistance.

*Above figures are based on base bid prices. For actual total costs, see 「bid simulation」.

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