printout House: Nishio, Aichi

Asset type
House
Yield
43.5%
Rank
★★★☆☆
Bid period ended

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Property URL

Base bid price 520,000yen You could bid above 416,000yen
Bid period ended

Results

Court classification House Sale price 434,000yen
Bid opening Sale Number of bidders 1
Winner qualification Corporation

Location

Location Nishio, Aichi
Traffic access on report(japanese) 名鉄蒲郡線「東幡豆」駅 北東方 道路距離 約370m
Reference(japanese) 名鉄蒲郡線 こどもの国駅 西方 1.33km

Property data

Type Land Share sale Property number 1
Registered category Residential land Actual category -
Registered area 150.54m2 Actual area -
Zoning Residential Class I Usage -
Building to land ratio 60% Floor area ratio 200%
Share 6分-1
Type Building Share sale Property number 2
Building number 67-6
Registered type Residence Actual -
Registered structure Tiled roofed wooden 2 storey structure Actual -
Registered floor area 1F 82.81m2,2F 49.68m2 Actual -
Layout 6K Land right Ownership・Others
Occupant Yes Year/month built 1983/11

Numerical data

Cap rate 43.5% Area 132㎡
Gross yield 59.8% Base bid price 520,000yen
Lease demand 16 / 25pt Minimum bid price 416,000yen
Ratio of years passed
to depreciable years
181% Earnest money deposit 104,000yen

Court data

Case number 2023(O)46 Announced 2024/03/19
Court Nagoya District Court (Okazaki) 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 2024/05/08 Special sale 2024/04/24 ~ 2024/04/24

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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 520000yen in court auction is the same as buying the asset out of court auction at 480000yen(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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Eviction etc. 0,000yen Renovations 0,000yen
Others 0,000yen
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