Land: Iwakuni, Yamaguchi

Asset type
Land
Yield
Rank
☆☆☆☆☆
Bid deadline is 2025/07/15

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Property URL

Base bid price 692,000yen
You can bid above 553,600yen

Location

Location Iwakuni, Yamaguchi
Traffic access on report(japanese) JR岩徳線『周防高森』駅 南東方 約3.2km【道路距離】 『神幡』バス停 北西方 約150m【道路距離】 

Property data

Type Land Share sale Not for saleYes Property number 1
Address 岩国市周東町上久原字内午王 1544番1
Registered category Residential land Actual category
Registered area 1599.25m2 Actual area
Zoning Undesignated in urban plan area Usage
Building to land ratio 60% Floor area ratio 100%
Share Third
Type Land Share sale Not for saleYes Property number 2
Address 岩国市周東町上久原字内午王 1544番2
Registered category Residential land Actual category
Registered area 1627.25m2 Actual area
Zoning Undesignated in urban plan area Usage
Building to land ratio 60% Floor area ratio 100%
Share Third

Numerical data

Base bid price 692,000yen Area 3,226㎡
Lease demand 3 / 25pt Minimum bid price 553,600yen
Ratio of years passed
to depreciable years
0% Earnest money deposit 138,400yen

Court data

Case number 2024(O)4 Result 2025/07/18
Court Yamaguchi District Court(Iwakuni) Start of viewing 2025/06/17
Sale type Sealed bid auction (1 times) Bid period 2025/07/08 ~ 2025/07/15
Sale decision 2025/08/08
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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 692000yen in court auction is the same as buying the asset out of court auction at 640000yen(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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Total cost of acquisition 0,000yen

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