printout House: Engaru, Hokkaido

Asset type
House
Yield
47.9%
Rank
★☆☆☆☆
Bid period ended

Property image

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Property URL

Base bid price 2,750,000yen You could bid above 2,200,000yen
Bid period ended

Results

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

Location

Location Engaru, Hokkaido
Traffic access on report(japanese) JR石北本線「遠軽」駅 南東方 道路距離 約550m 北見バス停「げんき21」 北西方 約100m
Reference(japanese) -

Property data

Type Land Not for saleYes Property number 1
Registered category Residential land Actual category -
Registered area 274.38m2 Actual area -
Zoning Residential Class I Usage -
Building to land ratio 60% Floor area ratio 200%
Type Building Property number 4
Building number 2-8
Registered type Residence Actual Residence・Office
Registered structure WoodenZinc-coated steel sheetroofed2F building Actual -
Registered floor area 1F 72.90m2,2F 63.99m2 Actual 1F ca.82.62m2,2F 63.99m2
Layout 5L+K+Office Land right Ownership・Others
Occupant debtor・owner Year/month built 1965/05
Type Building Property number 5
Building number 2-8-2
Registered type Warehouse・Residence Actual Residence・Warehouse・Office
Registered structure WoodenZinc-coated steel sheetroofed2F building Actual -
Registered floor area 1F 62.14m2,2F 63.85m2 Actual -
Layout 1LDK+Office・Warehouse Land right Ownership・Others
Occupant debtor・owner Year/month built 1981/05

Numerical data

Cap rate 47.9% Area 146㎡
Gross yield 65.9% Base bid price 2,750,000yen
Lease demand 3 / 25pt Minimum bid price 2,200,000yen
Ratio of years passed
to depreciable years
226% Earnest money deposit 550,000yen

Court data

Case number 2023(M)10 Announced 2024/03/26
Court Kushiro District Court (Kitami) Start of viewing 2024/03/26
Sale type Sealed bid auction (1 times) Bid period 2024/04/10 ~ 2024/04/17
Farm land - Result 2024/04/23
Sale decision 2024/05/09 Special sale 2024/04/24 ~ 2024/04/26

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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 2750000yen in court auction is the same as buying the asset out of court auction at 2560000yen(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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