printout House: Tokushima, Tokushima

Asset type
House
Yield
22.3%
Rank
★★★☆☆
Bid period ended

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Base bid price 2,460,000yen You could bid above 1,968,000yen
Bid period ended

Results

Court classification House Sale price 2,100,000yen
Bid opening Sale Number of bidders 2
Winner qualification Individual

Location

Location Tokushima, Tokushima
Traffic access on report(japanese) JR徳島線「佐古」駅 北東方 道路距離 約830m 最寄バス停「三ツ合橋東」 北方 道路距離 約370m
Reference(japanese) JR高徳線 佐古駅 東方 0.65km JR牟岐線 徳島駅 北西方 0.97km JR徳島線 徳島駅 北西方 0.97km

Property data

Type Land Property number 1
Registered category Residential land Actual category -
Registered area 84.72m2 Actual area -
Zoning Residential Class I Usage -
Building to land ratio 60% Floor area ratio 200%
Type Building Property number 2
Building number 1-205
Registered type Residence Actual -
Registered structure WoodenTile roofedOne-story Actual -
Registered floor area 26.44m2 Actual ca.56m2
Layout Others Land right Ownership
Occupant debtor・owner Year/month built -

Numerical data

Cap rate 22.3% Area 56㎡
Gross yield 30.7% Base bid price 2,460,000yen
Lease demand 15 / 25pt Minimum bid price 1,968,000yen
Ratio of years passed
to depreciable years
150% Earnest money deposit 492,000yen

Court data

Case number 2023(M)53 Announced 2024/03/12
Court Tokushima District Court (Main) Start of viewing 2024/03/12
Sale type Sealed bid auction (2 times) Bid period 2024/04/04 ~ 2024/04/10
Farm land - Result 2024/04/17
Sale decision 2024/05/08 Special sale 2024/04/18 ~ 2024/04/19

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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 2460000yen in court auction is the same as buying the asset out of court auction at 2290000yen(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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