printout House: Karumai, Iwate

Asset type
House
Yield
16.7%
Rank
★★☆☆☆
Bid deadline is 2025/05/22

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Base bid price 9,820,000yen
You can bid above 7,856,000yen

Location

Location Karumai, Iwate
Traffic access on report(japanese) いわて銀河鉄道線「金田一温泉駅」 東方 約8.2km(道路距離・徒歩圏外) JRバス東北・町民バス「観音林バス停留所」 西方 約100m(道路距離・徒歩約02分) 

Property data

Type Land Property number 1
Address 九戸郡軽米町大字晴山第28地割字下栃沢 69番1
Registered category Residential land Actual category
Registered area 671.50m2 Actual area
Zoning Undesignated out of urban plan area Usage
Building to land ratio Floor area ratio
Type Building Property number 2
Address 九戸郡軽米町大字晴山第28地割字下栃沢69番地1
Building number 69-1
Registered type Residence Actual
Registered structure WoodenTile roofed2F building Actual
Registered floor area 1F 96.00m2,2F 68.00m2 Actual
Layout Others Land right Ownership
Occupant debtor・owner Year/month built 2010/08

Numerical data

Cap rate 16.7% Area 164㎡
Gross yield 23.0% Base bid price 9,820,000yen
Lease demand 2 / 25pt Minimum bid price 7,856,000yen
Ratio of years passed
to depreciable years
63% Earnest money deposit 1,964,000yen

Court data

Case number 2025(M)1 Result 2025/05/28
Court Morioka District Court (Main) Start of viewing 2025/04/30
Sale type Sealed bid auction (1 times) Bid period 2025/05/15 ~ 2025/05/22
Sale decision 2025/06/06 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 9820000yen in court auction is the same as buying the asset out of court auction at 9130000yen(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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