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Property information

Land: Kitakami, Iwate

Asset type
Land
Yield
Rank
★☆☆☆☆
Bid deadline is 2026/03/16

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Base bid price 86,400yen
You can bid above 69,120yen

Location

Location Kitakami, Iwate
Traffic access on report(japanese) JR東北本線「北上」駅 北西方 約10.1km(道路距離) 

Property data

Type Land(Farm)
Property number 63
Address 北上市和賀町藤根13地割 217番1
Building number
Registered category Rice field
Actual category Farm
Registered area 1688m2
Actual area
Zoning Undesignated in urban plan area
Usage
Building to land ratio 70%
Floor area ratio 200%

Numerical data

Base bid price 86,400yen Area 1,688㎡
Lease demand 10 / 25pt Minimum bid price 69,120yen
Ratio of years passed
to depreciable years
0% Earnest money deposit 18,000yen

Court data

Case number 2023(M)11 Result 2026/03/18
Court Morioka District Court(Hanamaki) Start of viewing 2026/01/15
Sale type Sealed bid auction (3 times) Bid period 2026/03/09 ~ 2026/03/16
Sale decision 2026/04/08
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Analysis data

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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 86400yen in court auction is the same as buying the asset out of court auction at 80000yen(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」.

Bid simulation

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Projected yield %
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