printout House: Fudai, Iwate

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

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Base bid price 6,590,000yen You could bid above 5,272,000yen
Bid period ended

Results

Court classification House Sale price -
Bid opening No sale Number of bidders -
Winner qualification -

Location

Location Fudai, Iwate
Traffic access on report(japanese) 三陸鉄道リアス線 普代駅 西方 道路距離 約630m バス停(村営上普代) 約470m(道路距離,徒歩約6分)
Reference(japanese) -

Property data

Type Land Property number 2
Registered category Residential land Actual category -
Registered area 364.95m2 Actual area -
Zoning Undesignated out of urban plan area Usage -
Building to land ratio - Floor area ratio -
Type Land Share sale Property number 3
Registered category Forest Actual category -
Registered area 10497m2 Actual area -
Zoning Undesignated out of urban plan area Usage -
Building to land ratio - Floor area ratio -
Share 500分-1
Type Building Property number 4
Building number 51-2
Registered type Residence Actual -
Registered structure WoodenTile roofed2F building Actual -
Registered floor area 1F 63.00m2,2F 49.80m2 Actual -
Layout Others Land right Ownership
Occupant debtor・owner Year/month built 2007/12

Numerical data

Cap rate 17.1% Area 112㎡
Gross yield 23.5% Base bid price 6,590,000yen
Lease demand 11 / 25pt Minimum bid price 5,272,000yen
Ratio of years passed
to depreciable years
72% Earnest money deposit 1,318,000yen

Court data

Case number 2023(M)36 Announced 2024/03/22
Court Morioka District Court (Main) Start of viewing 2024/03/22
Sale type Sealed bid auction (1 times) Bid period 2024/04/12 ~ 2024/04/19
Farm land - Result 2024/04/23
Sale decision 2024/05/10 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 6590000yen in court auction is the same as buying the asset out of court auction at 6130000yen(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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Bid 0,000yen Support service 0,000yen
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Eviction etc. 0,000yen Renovations 0,000yen
Others 0,000yen
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Total cost of acquisition 0,000yen

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Projected yield %