printout House: Toyama, Toyama

Asset type
House
Yield
9.8%
Rank
★★☆☆☆
Bid period ended

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Property URL

Base bid price 10,280,000yen You could bid above 8,224,000yen
Bid period ended

Results

Court classification House Sale price 21,360,000yen
Bid opening Sale Number of bidders 13
Winner qualification Corporation

Location

Location Toyama, Toyama
Traffic access on report(japanese) 富山地方鉄道上滝線「南富山」駅 南西方 道路距離 約1.0km
Reference(japanese) 富山地鉄不二越・上滝線 朝菜町駅 西方 0.77km 富山地鉄市内線 南富山駅前駅 南方 0.91km

Property data

Type Land Property number 1
Registered category Residential land Actual category -
Registered area 150.00m2 Actual area -
Zoning High residential Class I Usage -
Building to land ratio 60% Floor area ratio 200%
Type Building Property number 2
Building number 387-1
Registered type Residence Actual -
Registered structure WoodenSlate roofed2F building Actual -
Registered floor area 1F 56.72m2,2F 50.30m2 Actual -
Layout Others Land right Ownership
Occupant debtor・owner Year/month built 2016/07

Numerical data

Cap rate 9.8% Area 107㎡
Gross yield 13.5% Base bid price 10,280,000yen
Lease demand 13 / 25pt Minimum bid price 8,224,000yen
Ratio of years passed
to depreciable years
31% Earnest money deposit 2,056,000yen

Court data

Case number 2023(M)37 Announced 2024/03/14
Court Toyama District Court (Main) Start of viewing 2024/03/14
Sale type Sealed bid auction (1 times) Bid period 2024/04/03 ~ 2024/04/10
Farm land - Result 2024/04/16
Sale decision 2024/05/07 Special sale 2024/04/17 ~ 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 10280000yen in court auction is the same as buying the asset out of court auction at 9560000yen(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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