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Property information

House: Happo, Akita

Asset type
House
Yield
70%以上
Rank
★☆☆☆☆
Bid period ended

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Base bid price 830,000yen
You could bid above 664,000yen

Results

Court classification House
Bid opening Sale
Sale price 708,880yen
Winner qualification Individual
Number of bidders 1

Location

Location Happo, Akita
Traffic access on report(japanese) JR五能線「東八森」駅 北北東方 道路距離 約2.8km 

Property data

Type Land Not for saleYes
Property number 1
Address 山本郡八峰町八森字本館 58番1
Building number
Registered category Residential land
Actual category
Registered area 1380.56m2
Actual area
Zoning Undesignated out of urban plan area
Usage
Type Building
Property number 2
Address 山本郡八峰町八森字本館58番地1
Building number 58-1
Registered type Residence
Actual
Registered structure WoodenZinc-coated steel sheetroofed2story building
Actual
Registered floor area 1F 140.40m2,2F 33.12m2
Actual
Layout Others
Land right Ownership・Others
Occupant debtor・owner
Year/month built 1979/03

Numerical data

Base bid price 830,000yen Area 173㎡
Cap rate 70%以上
Gross yield 96%以上
Lease demand 1 / 25pt Minimum bid price 664,000yen
Ratio of years passed
to depreciable years
209% Earnest money deposit 166,000yen

Court data

Case number 2024(M)5 Result 2025/10/16
Court Akita District Court(Noshiro) Start of viewing 2025/09/12
Sale type Sealed bid auction (3 times) Bid period 2025/10/03 ~ 2025/10/10
Sale decision 2025/11/05
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 830000yen in court auction is the same as buying the asset out of court auction at 770000yen(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」.

Bid simulation

Estimate the total costs here

Simulate the total cost of acquisition

Bid 0,000yen Support service 0,000yen
Registration tax 0,000yen Liabilities 0,000yen
Eviction etc. 0,000yen Renovations 0,000yen
Others 0,000yen
Input the desired price, calculate the acquisition cost
Calculation result↓
Total cost of acquisition 0,000yen

Simulate return from the asset

Rental income 0,000yen Upkeep costs 0,000yen
Calculte estimated return from the total cost
Calculation result↓
Projected yield %
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