printout House: Koshigaya, Saitama

Asset type
House
Yield
8.7%
Rank
★★☆☆☆
Bid period ended

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Property URL

Base bid price 15,112,000yen You could bid above 12,089,600yen
Bid period ended

Results

Court classification House Sale price 22,172,500yen
Bid opening Sale Number of bidders 8
Winner qualification Corporation

Location

Location Koshigaya, Saitama
Traffic access on report(japanese) 東武伊勢崎線「北越谷」駅 南東方 約740m(道路距離) 東武伊勢崎線「越谷」駅 北方 約1.2km(道路距離) バス停「大沢一丁目」 約50m(道路距離)
Reference(japanese) JR武蔵野線 南越谷駅 北方 2.50km 東武伊勢崎線 新越谷駅 北方 2.52km

Property data

Type Land Share sale Property number 1
Registered category Residential land Actual category Other land
Registered area 2.35m2 Actual area -
Zoning Semi-commercial Usage -
Building to land ratio 80% Floor area ratio 200%
Share Third
Type Land Property number 2
Registered category Residential land Actual category -
Registered area 104.70m2 Actual area -
Zoning Semi-commercial Usage -
Building to land ratio 80% Floor area ratio 200%
Type Building Property number 3
Building number 3852-10
Registered type Residence Actual -
Registered structure WoodenSlate-roofedroofed2F building Actual -
Registered floor area 1F 52.17m2,2F 49.68m2 Actual -
Layout Others Land right Ownership
Occupant debtor・owner Year/month built 2001/12

Numerical data

Cap rate 8.7% Area 101㎡
Gross yield 12.0% Base bid price 15,112,000yen
Lease demand 21 / 25pt Minimum bid price 12,089,600yen
Ratio of years passed
to depreciable years
100% Earnest money deposit 3,022,400yen

Court data

Case number 2023(M)100 Announced 2024/03/26
Court Saitama District Court (Koshigaya) Start of viewing 2024/03/26
Sale type Sealed bid auction (1 times) Bid period 2024/04/10 ~ 2024/04/17
Farm land - Result 2024/04/24
Sale decision 2024/05/15 Special sale 2024/04/30 ~ 2024/05/10

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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 15112000yen in court auction is the same as buying the asset out of court auction at 14060000yen(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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