printout House: Obihiro, Hokkaido

Asset type
House
Yield
16.2%
Rank
★★★☆☆
Bid period ended

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Property URL

Base bid price 4,110,000yen You could bid above 3,288,000yen
Bid period ended

Results

Court classification House Sale price 3,511,000yen
Bid opening Sale Number of bidders 2
Winner qualification Corporation

Location

Location Obihiro, Hokkaido
Traffic access on report(japanese) JR「帯広」駅 西方 道路距離 約1.8km 最寄バス停「西14条13丁目」 北方 道路距離 約160m
Reference(japanese) JR根室本線 柏林台駅 南東方 2.00km

Property data

Type Land Share sale Property number 1
Registered category Other land Actual category Residential land
Registered area 208m2 Actual area -
Zoning High residential Class II Usage -
Building to land ratio 60% Floor area ratio 200%
Share Half
Type Land Share sale Property number 2
Registered category Other land Actual category Residential land
Registered area 393m2 Actual area -
Zoning High residential Class II Usage -
Building to land ratio 60% Floor area ratio 200%
Share Half
Type Building Share sale Property number 3
Building number 1-81
Registered type Residence Actual -
Registered structure WoodenZinc-coated steel sheet roofed2F building Actual -
Registered floor area 1F 69.56m2,2F 66.24m2 Actual -
Layout 5SLDK Land right Ownership・Others
Occupant Yes Year/month built 2012/07

Numerical data

Cap rate 16.2% Area 135㎡
Gross yield 22.3% Base bid price 4,110,000yen
Lease demand 11 / 25pt Minimum bid price 3,288,000yen
Ratio of years passed
to depreciable years
50% Earnest money deposit 822,000yen

Court data

Case number 2023(O)9 Announced 2024/03/19
Court Kushiro District Court (Obihiro) Start of viewing 2024/03/19
Sale type Sealed bid auction (1 times) Bid period 2024/04/04 ~ 2024/04/11
Farm land - Result 2024/04/17
Sale decision 2024/05/01 Special sale 2024/04/18 ~ 2024/04/22

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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 4110000yen in court auction is the same as buying the asset out of court auction at 3820000yen(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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