printout House: Kita, Sakai, Osaka

Asset type
House
Yield
20.7%
Rank
★★★☆☆
Bid period ended

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Base bid price 5,350,000yen You could bid above 4,280,000yen
Bid period ended

Results

Court classification House Sale price 14,152,951yen
Bid opening Sale Number of bidders 9
Winner qualification Corporation

Location

Location Kita, Sakai, Osaka
Traffic access on report(japanese) 大阪メトロ御堂筋線「北花田」駅 南東方 道路距離 約1.9km 最寄バス停「南花田町東」停留所 南西方 道路距離 約550m
Reference(japanese) 大阪メトロ御堂筋線 新金岡駅 北東方 1.16km 近鉄南大阪線 布忍駅 南西方 1.30km

Property data

Type Land Property number 1
Registered category Residential land Actual category -
Registered area 91.79m2 Actual area -
Zoning Residential Class I Usage -
Building to land ratio 60% Floor area ratio 200%
Type Land Property number 2
Registered category Residential land Actual category -
Registered area 9.99m2 Actual area -
Zoning Residential Class I Usage -
Building to land ratio 60% Floor area ratio 200%
Type Building Property number 3
Building number 349-4
Registered type Residence・Garage Actual -
Registered structure WoodenSlate-roofedroofed2F building Actual -
Registered floor area 1F 45.94m2,2F 43.56m2 Actual -
Layout 3LDK+Garage Land right Ownership
Occupant debtor・owner Year/month built 1998/11

Numerical data

Cap rate 20.7% Area 89㎡
Gross yield 28.5% Base bid price 5,350,000yen
Lease demand 22 / 25pt Minimum bid price 4,280,000yen
Ratio of years passed
to depreciable years
113% Earnest money deposit 1,070,000yen

Court data

Case number 2023(M)92 Announced 2024/03/15
Court Osaka District Court (Sakai) Start of viewing 2024/03/15
Sale type Sealed bid auction (1 times) Bid period 2024/04/03 ~ 2024/04/11
Farm land - Result 2024/04/18
Sale decision 2024/05/02 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 5350000yen in court auction is the same as buying the asset out of court auction at 4980000yen(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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