printout House: Chikuzen, Fukuoka

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

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Property URL

Base bid price 5,800,000yen You could bid above 4,640,000yen
Bid period ended

Results

Court classification House Sale price 10,369,900yen
Bid opening Sale Number of bidders 15
Winner qualification Corporation

Location

Location Chikuzen, Fukuoka
Traffic access on report(japanese) 甘木鉄道「山隈」駅 北東方 約150m(直線距離) 甘木観光バス「山隈駅前」停留所 北東方 約100m(直線距離)
Reference(japanese) 甘木鉄道 太刀洗駅 西方 0.54km

Property data

Type Land Property number 1
Registered category Residential land Actual category -
Registered area 213.06m2 Actual area -
Zoning Undesignated in urban plan area Usage -
Building to land ratio 60% Floor area ratio 200%
Type Building Property number 2
Building number 1574-34
Registered type Residence Actual -
Registered structure WoodenSlate-roofedroofed2F building Actual -
Registered floor area 1F 81.97m2,2F 54.64m2 Actual -
Layout Others Land right Ownership
Occupant debtor・owner Year/month built 1997/06

Numerical data

Cap rate 17.1% Area 136㎡
Gross yield 23.5% Base bid price 5,800,000yen
Lease demand 14 / 25pt Minimum bid price 4,640,000yen
Ratio of years passed
to depreciable years
118% Earnest money deposit 1,160,000yen

Court data

Case number 2023(M)162 Announced 2024/03/26
Court Fukuoka District Court (Main) 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 2024/05/15 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 5800000yen in court auction is the same as buying the asset out of court auction at 5400000yen(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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