printout House: Hidakagawa, Wakayama

Asset type
House
Yield
17.8%
Rank
★★★☆☆
Bid period ended

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Property URL

Base bid price 7,140,000yen
You could bid above 5,712,000yen

Results

Court classification House Sale price 8,500,000yen
Bid opening Sale Number of bidders 1
Winner qualification Individual

Location

Location Hidakagawa, Wakayama
Traffic access on report(japanese) JR紀勢本線「和佐」駅 北東方 道路距離 約700m 

Property data

Type Land Share sale Property number 1
Address 和歌山県日高郡日高川町大字和佐字清水川 487番4
Registered category Public road Actual category
Registered area 0.49m2 Actual area
Zoning Undesignated out of urban plan area Usage
Building to land ratio Floor area ratio
Share Quarter
Type Land Share sale Property number 2
Address 和歌山県日高郡日高川町大字和佐字清水川 489番4
Registered category Public road Actual category
Registered area 130m2 Actual area
Zoning Undesignated out of urban plan area Usage
Building to land ratio Floor area ratio
Share Quarter
Type Land Property number 3
Address 和歌山県日高郡日高川町大字和佐字清水川 490番1
Registered category Residential land Actual category
Registered area 240.66m2 Actual area
Zoning Undesignated out of urban plan area Usage
Building to land ratio Floor area ratio
Type Building Property number 4
Address 和歌山県日高郡日高川町大字和佐字清水川490番地1
Building number 490-1
Registered type Residence Actual
Registered structure WoodenAlloyplatingsteel sheet roofed2F building Actual
Registered floor area 1F 72.20m2,2F 51.44m2 Actual
Layout Others Land right Ownership
Occupant debtor・owner Year/month built 2018/07

Numerical data

Cap rate 17.8% Area 123㎡
Gross yield 24.5% Base bid price 7,140,000yen
Lease demand 3 / 25pt Minimum bid price 5,712,000yen
Ratio of years passed
to depreciable years
27% Earnest money deposit 1,428,000yen

Court data

Case number 2024(M)5 Result 2025/06/05
Court Wakayama District Court (Gobo) Start of viewing 2025/04/24
Sale type Sealed bid auction (1 times) Bid period 2025/05/22 ~ 2025/05/29
Sale decision 2025/06/26 Special sale 2025/06/19 ~ 2025/06/19

Search similar properties

Search similar properties Pro Basic List of similar properties nearby and sold out List of similar properties.
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 7140000yen in court auction is the same as buying the asset out of court auction at 6640000yen(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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Bid simulation

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Others 0,000yen
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