printout House: Otaru, Hokkaido

Asset type
House
Yield
58.3%
Rank
★★☆☆☆
To the bid due13 days left

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Property URL

Base bid price 2,310,000yen You can bid above 1,848,000yen
To the bid due 13 days left

Location

Location Otaru, Hokkaido
Traffic access on report(japanese) JR函館本線「小樽」駅 北西方 道路距離 約5.2km JR函館本線「塩谷」駅 北東方 道路距離 約4.0km 北海道中央バス「中央自動車学校前」停留所 北方 道路距離 約550m
Reference(japanese) -

Property data

Type Land Property number 1
Registered category Residential land Actual category -
Registered area 206.33m2 Actual area -
Zoning Low residential Class I Usage -
Building to land ratio 40% Floor area ratio 60%
Type Building Property number 2
Building number 14-185
Registered type Residence Actual -
Registered structure WoodenZinc-coated steel sheetroofed2F building Actual -
Registered floor area 1F 61.56m2,2F 46.37m2 Actual 1F ca.89.49m2,2F ca.48.05m2
Layout 4LDK+Garage Land right Ownership
Occupant debtor・owner Year/month built 1993/01

Numerical data

Cap rate 58.3% Area 137㎡
Gross yield 80.2% Base bid price 2,310,000yen
Lease demand 6 / 25pt Minimum bid price 1,848,000yen
Ratio of years passed
to depreciable years
140% Earnest money deposit 462,000yen

Court data

Case number 2024(M)80001 Announced 2024/06/14
Court Sapporo District Court (Main) Start of viewing 2024/06/14
Sale type Sealed bid auction (1 times) Bid period 2024/06/28 ~ 2024/07/08
Farm land - Result 2024/07/11
Sale decision 2024/07/17 Special sale 2024/07/16 ~ 2024/07/19
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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 2310000yen in court auction is the same as buying the asset out of court auction at 2150000yen(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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