printout House: Tosu, Saga

Asset type
House
Yield
44.2%
Rank
★★☆☆☆
Bid period ended

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Base bid price 4,157,000yen You could bid above 3,325,600yen
Bid period ended

Results

Court classification House Sale price 5,157,000yen
Bid opening Sale Number of bidders 5
Winner qualification Individual

Location

Location Tosu, Saga
Traffic access on report(japanese) JR鹿児島本線「久留米」駅 北方 道路距離 約2.3km 最寄バス停「下野中」 北西方 約320m(徒歩約4分)
Reference(japanese) JR久大本線 久留米駅 北方 1.51km 九州新幹線 久留米駅 北方 1.52km JR鹿児島本線 肥前旭駅 南方 1.84km

Property data

Type Land Property number 5
Registered category Residential land Actual category -
Registered area 765.50m2 Actual area -
Zoning Preserved Usage -
Building to land ratio 60% Floor area ratio 200%
Type Building Property number 6
Building number 2530-
Registered type Residence・Warehouse Actual -
Registered structure WoodenCement tile roofed・Tile roofed2F building Actual WoodenCement tile roofed・Tile roofedOne-story
Registered floor area 1F 326.39m2,2F 76.50m2 Actual 1F 209.48m2
Layout Others Land right Ownership・Statutory superficies
Occupant debtor・owner Year/month built 1953/07

Numerical data

Cap rate 44.2% Area 209㎡
Gross yield 60.8% Base bid price 4,157,000yen
Lease demand 13 / 25pt Minimum bid price 3,325,600yen
Ratio of years passed
to depreciable years
318% Earnest money deposit 831,400yen

Court data

Case number 2022(M)26 Announced 2024/03/19
Court Saga District Court (Main) 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 2024/05/07 Special sale -

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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 4157000yen in court auction is the same as buying the asset out of court auction at 3870000yen(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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