printout House: Kawagoe, Saitama

Asset type
House
Yield
5.4%
Rank
★★☆☆☆
Bid period ended

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Property URL

Base bid price 23,010,000yen You could bid above 18,408,000yen
Bid period ended

Results

Court classification House Sale price 22,100,000yen
Bid opening Sale Number of bidders 8
Winner qualification Corporation

Location

Location Kawagoe, Saitama
Traffic access on report(japanese) JR川越線「西川越」駅 東方 約1.2km(道路距離)
Reference(japanese) 東武東上線 川越市駅 北西方 1.03km 西武新宿線 本川越駅 北西方 1.34km JR川越線 川越駅 北西方 2.00km

Property data

Type Land Property number 1
Registered category Residential land Actual category -
Registered area 169.40m2 Actual area -
Zoning Residential Class I Usage -
Building to land ratio 60% Floor area ratio 200%
Type Building Property number 2
Building number 9-13
Registered type Residence Actual -
Registered structure WoodenTile roofed2F building Actual -
Registered floor area 1F 54.12m2,2F 43.79m2 Actual -
Layout Others Land right Ownership
Occupant debtor・owner Year/month built 2013/07

Numerical data

Cap rate 5.4% Area 97㎡
Gross yield 7.4% Base bid price 23,010,000yen
Lease demand 16 / 25pt Minimum bid price 18,408,000yen
Ratio of years passed
to depreciable years
45% Earnest money deposit 4,602,000yen

Court data

Case number 2023(M)113 Announced 2024/03/19
Court Saitama District Court (Kawagoe) Start of viewing 2024/03/19
Sale type Sealed bid auction (1 times) Bid period 2024/04/04 ~ 2024/04/11
Farm land - Result 2024/04/18
Sale decision 2024/05/09 Special sale 2024/04/22 ~ 2024/04/26

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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 23010000yen in court auction is the same as buying the asset out of court auction at 21400000yen(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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Others 0,000yen
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