printout House: Ohda, Shimane

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

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Property URL

Base bid price 8,046,000yen You could bid above 6,436,800yen
Bid period ended

Results

Court classification House Sale price -
Bid opening No sale Number of bidders -
Winner qualification -

Location

Location Ohda, Shimane
Traffic access on report(japanese) JR山陰本線「波根」駅 北東方 道路距離 約150m 最寄バス停「波根駅前」 北東方 約130m(徒歩約2分)
Reference(japanese) -

Property data

Type Land Property number 3
Registered category Residential land Actual category -
Registered area 80.66m2 Actual area -
Zoning Undesignated in urban plan area Usage -
Building to land ratio 70% Floor area ratio 200%
Type Land Property number 4
Registered category Residential land Actual category -
Registered area 621.48m2 Actual area -
Zoning Undesignated in urban plan area Usage -
Building to land ratio 70% Floor area ratio 200%
Type Land Not for saleYes Property number 5
Registered category Residential land Actual category -
Registered area 231.40m2 Actual area -
Zoning Undesignated in urban plan area Usage -
Building to land ratio 70% Floor area ratio 200%
Type Land Property number 6
Registered category Residential land Actual category -
Registered area 181.81m2 Actual area -
Zoning Undesignated in urban plan area Usage -
Building to land ratio 70% Floor area ratio 200%
Type Building Property number 7
Building number 1339-
Registered type Residence Actual -
Registered structure Tiled roofed wooden 2 storey structure Actual -
Registered floor area 1F 106.97m2,2F 77.35m2 Actual -
Layout Others Land right Ownership
Occupant debtor・owner Year/month built 2002/11
Type Building Property number 10
Building number 1338-1
Registered type Shop Actual -
Registered structure WoodenTile roofedOne-story Actual -
Registered floor area 95.99m2 Actual ca.110.19m2
Layout Others Land right Ownership・Others
Occupant debtor・owner Year/month built 2003/11
Type Building Property number 11
Building number 1338-1-2
Registered type Shop Actual -
Registered structure WoodenSlate roofedOne-story Actual -
Registered floor area 98.00m2 Actual ca.112.80m2
Layout Others Land right Ownership
Occupant debtor・owner Year/month built 2010/10

Numerical data

Cap rate 8.8% Area 184㎡
Gross yield 12.1% Base bid price 8,046,000yen
Lease demand 4 / 25pt Minimum bid price 6,436,800yen
Ratio of years passed
to depreciable years
81% Earnest money deposit 1,609,200yen

Court data

Case number 2022(M)6 Announced 2024/03/15
Court Matsue District Court (Main) Start of viewing 2024/03/15
Sale type Sealed bid auction (2 times) Bid period 2024/04/05 ~ 2024/04/12
Farm land - Result 2024/04/15
Sale decision 2024/05/02 Special sale 2024/04/16 ~ 2024/04/16

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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 8046000yen in court auction is the same as buying the asset out of court auction at 7480000yen(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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