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Property information

House: Hanamaki, Iwate

Asset type
House
Yield
70% or more
Rank
★★☆☆☆
Bid deadline is 2026/02/09

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Base bid price 1,713,600yen
You can bid above 1,370,880yen

Location

Location Hanamaki, Iwate
Traffic access on report(japanese) JR東北本線「石鳥谷」駅 南東方 約3.7km(道路距離) 最寄バス停「新堀」停 南西方 約1.7km(道路距離) 

Property data

Type Land Not for saleYes
Property number 2
Address 花巻市石鳥谷町新堀第52地割 170番1
Building number
Registered category Residential land
Actual category
Registered area 1901.31m2
Actual area
Zoning Undesignated in urban plan area
Usage
Building to land ratio 70%
Floor area ratio 200%
Type Building
Property number 3
Address 花巻市石鳥谷町新堀第52地割170番地1
Building number 170-1-2
Registered type Residence
Actual
Registered structure WoodenZinc-coated steel sheetroofed2story building
Actual
Registered floor area 1F 169.11m2,2F 52.17m2
Actual
Layout Others
Land right Ownership・Others
Occupant debtor・owner
Year/month built 1962/01

Numerical data

Base bid price 1,713,600yen Area 221㎡
Cap rate 70% or more
Gross yield 96% or more
Lease demand 7 / 25pt Minimum bid price 1,370,880yen
Ratio of years passed
to depreciable years
290% Earnest money deposit 343,000yen

Court data

Case number 2024(M)7 Result 2026/02/12
Court Morioka District Court(Hanamaki) Start of viewing 2026/01/15
Sale type Sealed bid auction (3 times) Bid period 2026/02/02 ~ 2026/02/09
Sale decision 2026/02/25
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Analysis data

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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 1713600yen in court auction is the same as buying the asset out of court auction at 1590000yen(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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