![[Assessed 94.1%] Condominium building in Ageo, Saitama — 8 min from Kita-Ageo Sta.](https://img.rakumachi.jp/c/property/7IcYO3fcy65wgy5gW4ql7Q__/116925369)
[Assessed 94.1%] Condominium building in Ageo, Saitama — 8 min from Kita-Ageo Sta.
Property Overview
| Location | Ageo, Saitama |
| Nearest Station | JR Takasaki Line Kita-Ageo Sta. |
| Walk | 8 min walk |
| Assessed Ratio | 94.1%Assessed 94.1% |
| Price | ¥420,000,000 |
| Type | Condominium building |
| Expected Yield | 6.44% |
| Structure | Reinforced concrete (RC) |
| Built | Built May 1995 (31 years old) |
| Land Area | 1,403㎡ |
| Building Area | 2,020.81㎡ |
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.
| Kenbiya | ¥420,000,000View listing |
Assessed Value Breakdown
| Land assessed value | ¥168,360,000 |
| Building assessed value | ¥227,018,655 |
| Total assessed value | ¥395,378,655 |
| Asking price | ¥420,000,000 |
| Assessed ratio | 94.1% |
Calculation basis
- Land = road price ¥120,000/m² × land area 1,403m²
- Building = replacement cost ¥330,000/m² × floor area 2,020.81m² × remaining life 16y ÷ statutory life 47y
- Built May 1995 (31 years old)
Official Road Price Trend (last 3 years)
Cumulative change 2024 → 2026: ±0.0%| Year | Road price (JPY/m²) | YoY |
|---|---|---|
| 2024 | 120,000 | — |
| 2025 | 120,000 | ±0.0% |
| 2026 | 120,000 | ±0.0% |
※ 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 all nine listing photos to confirm both the figures and the site conditions.
What We Could Not Confirm
- The listing's frontage field is blank, giving no road width or category. The photos show a corner plot fronting two public roads, one with a tactile-paved pavement.
- Dividing 2,020.81 m² by 19 units gives about 106 m² per unit, which is large for the stated layouts. Common areas may take a high share, or the building may include non-residential use; we recommend confirming the actual number of leasable units with the agent. This does not affect the assessed value.
- The projected full-occupancy income of ¥27,045,600 across 19 units works out to about ¥119,000 per unit per month, above local rents for comparable layouts. Whether retail or parking income is included is also worth confirming.
※ 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
Neighborhood ② Dining Near the Station
About This Property
A whole condominium building for sale in Sengendai 1-chome, Ageo City, Saitama, an 8-minute walk from Kita-Ageo Station on the JR Takasaki Line. Yaohiro Sengendai is in neighbouring Sengendai 2-chome, and the PAPA Ageo Shopping Avenue connected to the station is also usable. From Kita-Ageo, Omiya is about 11 minutes away and Ueno around 40. It sits in a Category II Mid/High-Rise Exclusive Residential zone.
Built in May 1995, the building is reinforced concrete and six storeys with 19 units, all 2K. At 1,403.00 sqm of land and 2,020.81 sqm of total floor area it is a large property, on a corner plot fronting public roads on two sides. It is currently tenanted, with projected full-occupancy annual income of 27.04 million yen and a gross yield of 6.44%. The land is held in freehold, registered as residential land, with no private-road burden.
The 2026 inheritance-tax roadside land value is 120,000 yen/sqm, putting the land assessment at roughly 168.36 million yen. The building is calculated at the reinforced concrete replacement unit price of 330,000 yen/sqm over a 47-year statutory useful life; at 31 years old with 16 remaining it comes to roughly 227.02 million yen. The total assessed value is about 395.38 million yen, or 94.1% of the 420 million yen asking price.
The building makes up 57% of the assessed value, with the 16 years of remaining reinforced-concrete life doing the work. The roadside value has been flat at 120,000 yen/sqm for the three years since 2024. Note that dividing the projected full-occupancy income across 19 units gives about 119,000 yen per unit per month, so the breakdown of that income is a point to check.
Estimated Financing
Suggested Lenders
※ General tendencies of lenders covering this area, for information only. This does not guarantee or suggest any specific financing outcome.
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