Foreclosure Auction: 1LDK Apartment in Ito City, Shizuoka
This property is a 1LDK apartment located at 1317-4228, Futogo, Ito City, Shizuoka Prefecture. The apartment is part of a 39-unit reinforced concrete building constructed in January 1992 (Heisei 4), with a total floor area of 50.05 square meters. The current owner occupies the unit, but it is in a vacant state. The property is being sold via a foreclosure auction administered by the Shizuoka District Court Numazu Branch (Case Number: Reiwa 07 (Ke) No. 70).
Critical agent notes and risk factors have been identified. There are substantial unpaid management fees and other charges totaling 3,285,944 yen, which exceeds the property's appraisal value. The unit has deteriorated due to long-term vacancy, with specific issues including floor damage and warping. There is also a need for equipment updates. The condominium complex has no plans for major renovations. The property faces a private road that is under shared ownership, and verification is required regarding the Izu Kogen "Midori no Kankyo Kitei" (Green Environment Regulations). While the owner occupies the unit, it is vacant, meaning the handover process could involve significant time and cost. The owning company has been dissolved and is currently under the management of a liquidator.
The auction has a minimum bid price of 10,000 yen. The buyer must submit a purchase application deposit of 0 yen. The bidding deadline is April 15, 2026, with the opening date set for April 22, 2026, and the final sale decision date on May 13, 2026. The monthly management fee for the unit is 42,172 yen.
