printout House: Toyota, Aichi

Asset type
House
Yield
17.1%
Rank
★★☆☆☆
Bid period ended

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Property URL

Base bid price 8,780,000yen You could bid above 7,024,000yen
Bid period ended

Results

Court classification House Sale price 13,800,000yen
Bid opening Sale Number of bidders 5
Winner qualification Corporation

Location

Location Toyota, Aichi
Traffic access on report(japanese) 名鉄瀬戸線「尾張瀬戸」駅 東方 道路距離 約11,000m 藤岡地域バス ふじバス「ファーツリー」停 南方 道路距離 約90m
Reference(japanese) -

Property data

Type Land Property number 1
Registered category Residential land Actual category -
Registered area 201.31m2 Actual area -
Zoning Preserved Usage -
Building to land ratio 60% Floor area ratio 200%
Type Building Property number 2
Building number 545-17
Registered type Residence Actual -
Registered structure Lightsteel structuredSlate roofed2F building Actual -
Registered floor area 1F 73.25m2,2F 55.00m2 Actual -
Layout 4LDK+Storage Land right Ownership
Occupant debtor・owner Year/month built 2004/04

Numerical data

Cap rate 17.1% Area 128㎡
Gross yield 23.5% Base bid price 8,780,000yen
Lease demand 14 / 25pt Minimum bid price 7,024,000yen
Ratio of years passed
to depreciable years
76% Earnest money deposit 1,756,000yen

Court data

Case number 2023(M)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 8780000yen in court auction is the same as buying the asset out of court auction at 8170000yen(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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