printout House: Sakura, Chiba

Asset type
House
Yield
19.6%
Rank
★★★☆☆
Bid period ended

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Property URL

Base bid price 4,980,000yen You could bid above 3,984,000yen
Bid period ended

Results

Court classification House Sale price 12,394,000yen
Bid opening Sale Number of bidders 13
Winner qualification Corporation

Location

Location Sakura, Chiba
Traffic access on report(japanese) JR総武本線「佐倉」駅 南東方 道路距離 約1.5km 路線バス「倉庫前」停 南東方 約970m
Reference(japanese) JR成田線 佐倉駅 南東方 1.16km 京成本線 京成佐倉駅 南方 2.33km JR総武本線 南酒々井駅 西方 2.66km

Property data

Type Land Share sale Property number 1
Registered category Public road Actual category -
Registered area 138m2 Actual area -
Zoning Low residential Class I Usage -
Building to land ratio 50% Floor area ratio 100%
Share 138分-10
Type Land Property number 2
Registered category Residential land Actual category -
Registered area 173.50m2 Actual area -
Zoning Low residential Class I Usage -
Building to land ratio 50% Floor area ratio 100%
Type Building Property number 3
Building number 81-30
Registered type Residence Actual -
Registered structure WoodenSlate roofed2F building Actual -
Registered floor area 1F 52.17m2,2F 44.30m2 Actual -
Layout 4LDK Land right Ownership
Occupant debtor・owner Year/month built 2005/11

Numerical data

Cap rate 19.6% Area 96㎡
Gross yield 27.0% Base bid price 4,980,000yen
Lease demand 18 / 25pt Minimum bid price 3,984,000yen
Ratio of years passed
to depreciable years
81% Earnest money deposit 996,000yen

Court data

Case number 2023(M)350 Announced 2024/03/13
Court Chiba District Court (Main) Start of viewing 2024/03/13
Sale type Sealed bid auction (1 times) Bid period 2024/04/03 ~ 2024/04/10
Farm land - Result 2024/04/17
Sale decision 2024/05/08 Special sale 2024/04/18 ~ 2024/04/22

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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 4980000yen in court auction is the same as buying the asset out of court auction at 4630000yen(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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