printout House: Keisen, Fukuoka

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

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Base bid price 930,000yen You could bid above 744,000yen
Bid period ended

Results

Court classification House Sale price 1,650,000yen
Bid opening Sale Number of bidders 10
Winner qualification Individual

Location

Location Keisen, Fukuoka
Traffic access on report(japanese) JR九州筑豊本線「桂川」駅 北東方 約2.9km(直線距離) バス停「又手」 北方 約110m(直線距離)
Reference(japanese) JR筑豊本線 天道駅 南東方 1.98km JR篠栗線 桂川駅 東方 2.80km

Property data

Type Land Property number 1
Registered category Residential land Actual category -
Registered area 88.00m2 Actual area -
Zoning Undesignated in urban plan area Usage -
Building to land ratio 70% Floor area ratio 200%
Type Building Property number 2
Building number 256-25
Registered type Residence Actual -
Registered structure WoodenCement tile roofedroofed2F building Actual -
Registered floor area 1F 52.17m2,2F 28.98m2 Actual -
Layout 3K Land right Ownership
Occupant debtor・owner Year/month built 1974/03

Numerical data

Cap rate 70%以上 Area 81㎡
Gross yield 96%以上 Base bid price 930,000yen
Lease demand 10 / 25pt Minimum bid price 744,000yen
Ratio of years passed
to depreciable years
227% Earnest money deposit 186,000yen

Court data

Case number 2023(M)12 Announced 2024/03/13
Court Fukuoka District Court (Iizuka) 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 2024/05/01 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 930000yen in court auction is the same as buying the asset out of court auction at 870000yen(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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