printout House: Hanamaki, Iwate

Asset type
House
Yield
27.2%
Rank
★★☆☆☆
Bid period ended

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Property URL

Base bid price 9,840,000yen You could bid above 7,872,000yen
Bid period ended

Results

Court classification House Sale price 9,858,710yen
Bid opening Sale Number of bidders 1
Winner qualification Corporation

Location

Location Hanamaki, Iwate
Traffic access on report(japanese) JR東北本線 花巻駅 北西方 道路距離 約1.2km バス停(ふくろう号 松雲台) 至近
Reference(japanese) JR釜石線 花巻駅 西方 0.84km

Property data

Type Land Property number 1
Registered category Residential land Actual category -
Registered area 677.12m2 Actual area -
Zoning Residential Class I Usage -
Building to land ratio 60% Floor area ratio 200%
Type Building Property number 2
Building number 18-1
Registered type Residence Actual -
Registered structure WoodenZinc-coated steel sheetroofed2F building Actual -
Registered floor area 1F 44.71m2,2F 29.81m2 Actual -
Layout Others Land right Ownership
Occupant debtor・owner Year/month built 1976/04
Type Building Property number 3
Building number 18-1-2
Registered type Office Actual -
Registered structure steel structuredFlat-roofed2F building Actual steel structuredFlat-roofed3story building
Registered floor area 1F 164.82m2,2F 170.22m2 Actual 1F 164.82m2,2F 概測217.7m2,3F 概測 17.8m2
Layout Others Land right Ownership
Occupant debtor・owner Year/month built 1986/08

Numerical data

Cap rate 27.2% Area 74㎡
Gross yield 37.4% Base bid price 9,840,000yen
Lease demand 10 / 25pt Minimum bid price 7,872,000yen
Ratio of years passed
to depreciable years
180% Earnest money deposit 1,968,000yen

Court data

Case number 2023(M)15 Announced 2024/03/29
Court Morioka District Court (Hanamaki) Start of viewing 2024/03/29
Sale type Sealed bid auction (1 times) Bid period 2024/04/15 ~ 2024/04/22
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 9840000yen in court auction is the same as buying the asset out of court auction at 9150000yen(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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