printout House: Kushiro, Hokkaido

Asset type
House
Yield
70%以上
Rank
★★☆☆☆
Bid period ended

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Property URL

Base bid price 3,310,000yen You could bid above 2,648,000yen
Bid period ended

Results

Court classification House Sale price 2,890,000yen
Bid opening Sale Number of bidders 1
Winner qualification Individual

Location

Location Kushiro, Hokkaido
Traffic access on report(japanese) JR根室本線「釧路」駅 南東方 道路距離 約1,850m くしろバス「城山十字街」停留所 南東方 道路距離 約250m
Reference(japanese) JR釧網本線 東釧路駅 南西方 2.16km JR根室本線 東釧路駅 南西方 2.16km

Property data

Type Land Property number 1
Registered category Residential land Actual category -
Registered area 761.56m2 Actual area -
Zoning Residential Class I Usage -
Building to land ratio 60% Floor area ratio 200%
Type Building Property number 2
Building number 47-5-2
Registered type Residence Actual -
Registered structure WoodenZinc-coated steel sheetroofed2F building Actual -
Registered floor area 1F 60.73m2,2F 38.83m2 Actual 1F ca.62.21m2,2F ca.54.53m2
Layout 6DKタイプ Land right Ownership
Occupant debtor・owner Year/month built 1969/06
Type Building Property number 3
Building number 47-5-1
Registered type Factory・Workshop-office Actual Workshop・Warehouse
Registered structure WoodenZinc-coated steel sheetroofed2F building Actual -
Registered floor area 1F 367.57m2,2F 91.98m2 Actual 1F ca.380.80m2,2F 91.98m2
Layout Others Land right Ownership
Occupant debtor・owner Year/month built 1952/07

Numerical data

Cap rate 70%以上 Area 116㎡
Gross yield 96%以上 Base bid price 3,310,000yen
Lease demand 12 / 25pt Minimum bid price 2,648,000yen
Ratio of years passed
to depreciable years
283% Earnest money deposit 662,000yen

Court data

Case number 2023(M)23 Announced 2024/03/21
Court Kushiro District Court (Main) Start of viewing 2024/03/21
Sale type Sealed bid auction (1 times) Bid period 2024/04/05 ~ 2024/04/12
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 3310000yen in court auction is the same as buying the asset out of court auction at 3080000yen(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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