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[Assessed 90.9%] Detached house in Suginami, Tokyo — 7 min from Kugayama Sta.
Listing endedAssessed 90.9%Detached houseSuginami Ward, TokyoKugayama Sta. 7 min walk

[Assessed 90.9%] Detached house in Suginami, Tokyo — 7 min from Kugayama Sta.

Published: Aug 4, 2026Updated: Aug 31, 2026

Property Overview

LocationSuginami Ward, Tokyo
Nearest StationKeio Inokashira Line Kugayama Sta.
Walk7 min walk
Assessed Ratio90.9%Assessed 90.9%
Price¥107,700,000
TypeDetached house
StructureWooden
BuiltBuilt Mar 1996 (30 years old)
Land Area171.81㎡
Building Area214.11㎡

Where This Property Is Listed

This property appears on the sites below. Listings matching on location, land area and building area are merged into a single article as the same property.

athome¥107,700,000View listing

Assessed Value Breakdown

Land assessed value¥97,931,700
Building assessed value¥0
Total assessed value¥97,931,700
Asking price¥107,700,000
Assessed ratio90.9%

Calculation basis

  • Land = road price ¥570,000/m² × land area 171.81m²
  • Building = replacement cost ¥220,000/m² × floor area 214.11m² × remaining life 0y ÷ statutory life 22y
  • Built Mar 1996 (30 years old)

Official Road Price Trend (last 3 years)

Cumulative change 2024 → 2026: +16.3%
YearRoad price (JPY/m²)YoY
2024490,000
2025540,000+10.2%
2026570,000+5.6%

Based on inheritance-tax road prices published each July — a reference for the trend in land collateral value.

How We Checked This Property

Rather than reproducing the listing as-is, we worked through the FY2026 road price map and the listing's private-road burden field to establish the land area actually used in the valuation.

Locating the road price

On the FY2026 road price map for Suginami Ward (sheet 43046), we took ¥570,000/m² from a block street in Kugayama 4-chome. The area runs ¥570,000–590,000/m² and the Inokashira-dori frontage reaches ¥710,000/m², but since the address is disclosed only to the district level we used the conservative ¥570,000/m².

View source
Effective land area

Against a registered area of 179.33 m², the listing states a private-road burden of 67.66 m² with a 1/9 shared interest. We deducted the 7.52 m² share, leaving 171.81 m² for the land valuation — the figure also shown in the property overview.

Building valuation assumptions

Against the 22-year statutory life for wood-frame construction, the building dates from March 1996 and is 30 years old, so its assessed value is zero. This is a land-value-only assessment.

Rights and restrictions

The land is held in freehold, and the listing notes no cliff ordinance, retaining wall, level difference, land development control zone or restriction on rebuilding. The leasehold ratio symbol is D.

What We Could Not Confirm

  • The frontage is described as "northwest, 4.0 m private road, 2.0 m of contact" — exactly the minimum required by the Building Standards Act. The plot may be a flagpole shape, and the listing gives no area for the pole section.
  • The private road in front is shared by nine owners. Whether passage and excavation consents have been obtained is not stated in the listing, so we recommend confirming with the seller.

Rather than reproducing the listing as-is, we verified the figures against public sources such as the official road price maps and the listing photos. This is not based on a site visit, so please confirm on site and with the seller before deciding.

Neighborhood ① Shopping Near the Station

Peacock Store Kugayama
1 min walk from the station

A grocery supermarket just outside the north exit of Kugayama Station, operated by Aeon Market.

Source
Summit Store Kugayama
3 min walk from the station

A grocery supermarket at 3-25-1 Kugayama, Suginami Ward, about 130 m beyond Peacock Store Kugayama.

Source

Neighborhood ② Dining Near the Station

Chuka Soba Tsukemen Kai
1 min walk from the station

About 48 m from the south exit of Kugayama Station. A ramen shop with house-made noodles run by an owner who trained at Harukiya in Ogikubo.

Source
Hidakaya Kugayama Ekimae Store
1 min walk from the station

At 4-1-9 Kugayama, Suginami Ward, about 39 m from Kugayama Station. A Chinese diner open until late.

Source

About This Property

An owner-occupied rental property in Kugayama 4-chome, Suginami Ward, Tokyo, a 7-minute walk from Kugayama Station on the Keio Inokashira Line. Peacock Store Kugayama and Hidakaya Kugayama Ekimae sit in front of the station, with Summit Store Kugayama about 130 m further on. Both Shibuya and Kichijoji are a single ride away on the Inokashira Line, supporting rental demand from single occupants.

The building is wooden, two storeys above ground with one basement level, 214.11 sqm of usable floor area, built in March 1996. It combines a 5LDK plus kitchen owner's section with three 1R rental units, and includes fittings such as a tea room, attic storage and a basement store room. It is currently tenanted as an owner-change sale, so the existing leases will be taken over. Zoning is Category I Low-Rise Exclusive Residential in a quiet neighbourhood, with a 50% building coverage ratio and a 100% floor area ratio.

On the assessment side, against the 2026 inheritance-tax roadside land value of 570,000 yen/sqm, and after deducting the share of the private road held in common, the effective site of 171.81 sqm assesses at roughly 97.93 million yen. The building has passed the 22-year statutory useful life for wooden construction and so assesses at zero, putting the assessed value at about 90.9% of the 107.70 million yen asking price. That roadside value has risen 16.3% in three years from 490,000 yen in 2024.

On the other hand, the frontage is narrow: 2.0 m onto a 4.0 m private road to the north-west, and the private road is held in common by nine parties. Whether consent for passage and excavation of the private road has been obtained, and the area of the flagpole portion, cannot be confirmed from the listing, so please treat a site survey and document review as prerequisites.

Estimated Financing

Assessed value ¥97,931,700 → estimated loan ¥97,930,000 (91% of the asking price)

Actual loan availability, amounts and terms are subject to each bank's screening.

Suggested Lenders

静岡銀行
Regional bankLand-value focusedStrong with detached housesGood with older buildings
本業年収700万円以上が検討対象。 相続税路線価から算出した「土地の積算」が60%以上出ていれば、基本的にフルローンとなる。 修正後バランスシートも重視しており、属性枠だけで終了する訳ではない為、可能な限り「土地」が高積算の物件を買い進めていきたい。
L&Fアセットファイナンス
Non-bank lenderLand-value focusedStrong with detached housesGood with older buildings
土地値が出る築古系が得意。 属性はほぼ問わない。 どんなに担保評価が付いたとしても8割融資が目安。 建物の価値に対してはほぼ担保評価を付けてくれない為、新築や築浅の物件は要注意。 但し、建売の売れ残りや変形地等の場合は、土地が広くて担保評価が伸びたり、賃料が高くて収益還元評価が伸びたりして、思わずハマるケースがある。 また、産休中でも行けた、貴重な存在の金融機関である。
関西みらい銀行
Regional bankAssessed-value focusedStrong with detached houses
土地から新築OK。 築古過ぎず、好立地で積算割合が高く、キャッシュフローが回る物件であれば、検討対象となる。 産休中はNG。 築古過ぎる場合は、信用金庫・信用組合のセゾンファンデックス保証付の不動産担保ローンが適す。

General tendencies of lenders covering this area, for information only. This does not guarantee or suggest any specific financing outcome.

Listing endedThe listing for this property has ended. The information reflects the time of listing and the property is no longer available.
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