printout House: Taishi, Hyogo

Asset type
House
Yield
26.4%
Rank
★★★☆☆
Bid period ended

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Base bid price 9,440,000yen You could bid above 7,552,000yen
Bid period ended

Results

Court classification House Sale price 12,240,000yen
Bid opening Sale Number of bidders 1
Winner qualification Corporation

Location

Location Taishi, Hyogo
Traffic access on report(japanese) JR線 網干駅 北西方 約3.9km(道路距離)
Reference(japanese) -

Property data

Type Land Property number 1
Registered category Residential land Actual category -
Registered area 255.15m2 Actual area -
Zoning High residential Class I Usage -
Building to land ratio 60% Floor area ratio 150%
Type Building Property number 2
Building number 264-3
Registered type Residence・Shop・Warehouse・Garage Actual -
Registered structure Wood・steel structuredZinc-coated steel sheetroofed2F building Actual -
Registered floor area 1F 132.04m2,2F 133.73m2 Actual 1F ca.141.04m2,2F 133.73m2
Layout Others Land right Ownership
Occupant debtor・owner Year/month built 1982/10
Type Land Property number 3
Registered category Residential land Actual category -
Registered area 27.85m2 Actual area -
Zoning High residential Class I Usage -
Building to land ratio 60% Floor area ratio 150%
Type Land Property number 4
Registered category Residential land Actual category -
Registered area 5.71m2 Actual area -
Zoning High residential Class I Usage -
Building to land ratio 60% Floor area ratio 150%

Numerical data

Cap rate 26.4% Area 274㎡
Gross yield 36.3% Base bid price 9,440,000yen
Lease demand 15 / 25pt Minimum bid price 7,552,000yen
Ratio of years passed
to depreciable years
164% Earnest money deposit 1,888,000yen

Court data

Case number 2023(M)10013 Announced 2024/03/26
Court Kobe District Court (Himeji) Start of viewing 2024/03/26
Sale type Sealed bid auction (1 times) Bid period 2024/04/11 ~ 2024/04/18
Farm land - Result 2024/04/24
Sale decision 2024/05/15 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 9440000yen in court auction is the same as buying the asset out of court auction at 8780000yen(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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