printout House: Chikuzen, Fukuoka

Asset type
House
Yield
5.9%
Rank
★★☆☆☆
Bid period ended

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Base bid price 13,950,000yen You could bid above 11,160,000yen
Bid period ended

Results

Court classification House Sale price 24,500,000yen
Bid opening Sale Number of bidders 9
Winner qualification Individual

Location

Location Chikuzen, Fukuoka
Traffic access on report(japanese) 甘木鉄道「高田」駅 北方 約1.5km(直線距離) 西鉄バス「依井」停留所 南西方 約760m(直線距離)
Reference(japanese) 甘木鉄道 甘木駅 北西方 1.81km 西鉄甘木線 甘木駅 北西方 2.01km

Property data

Type Land Property number 1
Registered category Residential land Actual category -
Registered area 162.50m2 Actual area -
Zoning Residential Class I Usage -
Building to land ratio 60% Floor area ratio 200%
Type Land Property number 2
Registered category Residential land Actual category -
Registered area 133.50m2 Actual area -
Zoning Residential Class I Usage -
Building to land ratio 60% Floor area ratio 200%
Type Building Property number 3
Building number 2070-72
Registered type Residence Actual -
Registered structure WoodenAlloyplatingsteel sheet roofed2F building Actual -
Registered floor area 1F 63.75m2,2F 50.25m2 Actual -
Layout 3LDK+Storage Land right Ownership
Occupant debtor・owner Year/month built 2021/01

Numerical data

Cap rate 5.9% Area 114㎡
Gross yield 8.1% Base bid price 13,950,000yen
Lease demand 12 / 25pt Minimum bid price 11,160,000yen
Ratio of years passed
to depreciable years
13% Earnest money deposit 2,790,000yen

Court data

Case number 2023(M)166 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 13950000yen in court auction is the same as buying the asset out of court auction at 12980000yen(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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