printout House: Hagi, Yamaguchi

Asset type
House
Yield
70%以上
Rank
★☆☆☆☆
To the bid due2 days left

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Property URL

Base bid price 1,324,000yen You can bid above 1,059,200yen
To the bid due 2 days left

Location

Location Hagi, Yamaguchi
Traffic access on report(japanese) JR山陰本線「東萩」駅 南西方 約900m【道路距離】 「吉田町角」バス停 北西方 約100m【道路距離】
Reference(japanese) JR山陰本線 玉江駅 北東方 2.43km

Property data

Type Land Property number 1
Registered category Residential land Actual category -
Registered area 272.49m2 Actual area -
Zoning Commercial Usage -
Building to land ratio 80% Floor area ratio 400%
Type Land Property number 2
Registered category Residential land Actual category -
Registered area 3.77m2 Actual area -
Zoning Commercial Usage -
Building to land ratio 80% Floor area ratio 400%
Type Building Property number 3
Building number 52-3
Registered type Residence Actual -
Registered structure WoodenTile roofedOne-story Actual Tiled roofed wooden 2 storey structure
Registered floor area 99.17m2 Actual 1F ca.200m2,2F ca.78m2
Layout Others Land right Ownership
Occupant debtor・owner Year/month built -

Numerical data

Cap rate 70%以上 Area 278㎡
Gross yield 96%以上 Base bid price 1,324,000yen
Lease demand 3 / 25pt Minimum bid price 1,059,200yen
Ratio of years passed
to depreciable years
150% Earnest money deposit 264,800yen

Court data

Case number 2023(M)18 Announced 2024/04/17
Court Yamaguchi District Court (Main) Start of viewing 2024/04/17
Sale type Sealed bid auction (3 times) Bid period 2024/05/08 ~ 2024/05/15
Farm land - Result 2024/05/21
Sale decision 2024/06/11 Special sale -
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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 1324000yen in court auction is the same as buying the asset out of court auction at 1230000yen(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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