![[Assessed 88.7%] Detached House a 12-Minute Walk from Mizue Station, Edogawa, Tokyo](https://img01.suumo.com/jj/resizeImage?src=gazo%2Fbukken%2F030%2FN010000%2Fimg%2F476%2F76047476%2F76047476_0001.jpg&w=1200&h=900)
[Assessed 88.7%] Detached House a 12-Minute Walk from Mizue Station, Edogawa, Tokyo
Property Overview
| Location | Edogawa, Tokyo |
| Nearest Station | Toei Shinjuku Line Mizue Sta. |
| Walk | 12 min walk |
| Assessed Ratio | 88.7%Assessed 88.7% |
| Price | ¥15,800,000 |
| Type | Detached house |
| Structure | Wooden |
| Built | Built Oct 1963 (62 years old) |
| Land Area | 59.49㎡ |
| Building Area | 49.59㎡ |
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.
| SUUMO | ¥15,800,000View listing |
Assessed Value Breakdown
| Land assessed value | ¥14,019,500 |
| Building assessed value | ¥0 |
| Total assessed value | ¥14,019,500 |
| Asking price | ¥15,800,000 |
| Assessed ratio | 88.7% |
Calculation basis
- Land assessed value was entered manually by the operator.
- Building = replacement cost ¥220,000/m² × floor area 49.59m² × remaining life 0y ÷ statutory life 22y
- Built Oct 1963 (62 years old)
Official Road Price Trend (last 3 years)
Cumulative change 2024 → 2026: +7.8%| Year | Road price (JPY/m²) | YoY |
|---|---|---|
| 2024 | 255,000 | — |
| 2025 | 260,000 | +2.0% |
| 2026 | 275,000 | +5.8% |
※ 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 narrowed the position within the district from walk times and deducted the setback after verifying the listed figure by our own calculation.
What We Could Not Confirm
- The extent of the superficies right (depth and plan area), its duration and any construction restrictions should be confirmed from the certified register and with the railway operator.
- The floor plan and room sizes are listed as "unknown, being confirmed"; nothing beyond 2DK and 49.59 m² is established.
※ 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 detached house a 12-minute walk from Mizue Station on the Toei Shinjuku Line, in Nishi-Mizue 3-chome, Edogawa Ward. Ichinoe Station on the same line is 14 minutes on foot, and Shinjuku is about 30 minutes away. The listing notes a flat walk to the station and a supermarket within 10 minutes - this is the flat Edogawa lowland.
The house was built in October 1963: a two-story wooden structure with a 2DK layout and 49.59 sqm of floor area, facing southwest for sunlight and ventilation. The land is 59.49 sqm (17.99 tsubo, registry) freehold with no private-road burden, and the listing explicitly records the terrain as flat.
The inheritance-tax roadside land price is 275,000 yen/sqm. The fronting road is about 2.72m wide and requires a setback of 8.51 sqm, so deducting that leaves an effective site of 50.98 sqm and a land assessed value of about 14.02 million yen. The building's assessed value is zero at 62 years old, giving an assessed-value ratio of 88.7% against the 15.8 million yen price.
Note that the listing states part of the property has a railway running underground with a registered surface right. See the research notes below regarding this sectional surface right and other points.
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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