printout House: Kaizuka, Osaka

Asset type
House
Yield
8.8%
Rank
★★☆☆☆
Bid period ended

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Property URL

Base bid price 10,310,000yen You could bid above 8,248,000yen
Bid period ended

Results

Court classification House Sale price 18,631,000yen
Bid opening Sale Number of bidders 12
Winner qualification Corporation

Location

Location Kaizuka, Osaka
Traffic access on report(japanese) JR阪和線 東貝塚駅 東方 道路距離 約630m
Reference(japanese) JR阪和線 東岸和田駅 南西方 1.21km 水間鉄道水間線 近義の里駅 東方 1.37km

Property data

Type Land Property number 1
Registered category Residential land Actual category -
Registered area 116.36m2 Actual area -
Zoning Residential Class I Usage -
Building to land ratio 60% Floor area ratio 200%
Type Building Property number 2
Building number 312-7
Registered type Residence Actual -
Registered structure WoodenShingle sand asphalt etc. roofingroofed2F building Actual -
Registered floor area 1F 55.48m2,2F 48.85m2 Actual -
Layout 4LDK Land right Ownership
Occupant debtor・owner Year/month built 2013/12

Numerical data

Cap rate 8.8% Area 104㎡
Gross yield 12.1% Base bid price 10,310,000yen
Lease demand 17 / 25pt Minimum bid price 8,248,000yen
Ratio of years passed
to depreciable years
45% Earnest money deposit 2,062,000yen

Court data

Case number 2023(M)75 Announced 2024/03/15
Court Osaka District Court (Kishiwada) Start of viewing 2024/03/15
Sale type Sealed bid auction (1 times) Bid period 2024/04/05 ~ 2024/04/12
Farm land - Result 2024/04/19
Sale decision 2024/05/10 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 10310000yen in court auction is the same as buying the asset out of court auction at 9590000yen(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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