![[Assessed 88.9%] Detached House a 17-Minute Walk from Ishikawacho Station, Minami-ku, Yokohama](https://img01.suumo.com/jj/resizeImage?src=gazo%2Fbukken%2F030%2FN010000%2Fimg%2F271%2F21386271%2F21386271_0003.jpg&w=1200&h=900)
[Assessed 88.9%] Detached House a 17-Minute Walk from Ishikawacho Station, Minami-ku, Yokohama
Property Overview
| Location | Minami-ku, Yokohama, Kanagawa |
| Nearest Station | JR Negishi Line Ishikawacho Sta. |
| Walk | 17 min walk |
| Assessed Ratio | 88.9%Assessed 88.9% |
| Price | ¥9,800,000 |
| Type | Detached house |
| Structure | Wooden |
| Built | Built Feb 1975 (51 years old) |
| Land Area | 62.24㎡ |
| Building Area | 47.19㎡ |
Assessed Value Breakdown
| Land assessed value | ¥8,713,600 |
| Building assessed value | ¥0 |
| Total assessed value | ¥8,713,600 |
| Asking price | ¥9,800,000 |
| Assessed ratio | 88.9% |
Calculation basis
- Land = road price ¥140,000/m² × land area 62.24m²
- Building = replacement cost ¥220,000/m² × floor area 47.19m² × remaining life 0y ÷ statutory life 22y
- Built Feb 1975 (51 years old)
Official Road Price Trend (last 3 years)
Cumulative change 2024 → 2026: +7.7%| Year | Road price (JPY/m²) | YoY |
|---|---|---|
| 2024 | 130,000 | — |
| 2025 | 135,000 | +3.8% |
| 2026 | 140,000 | +3.7% |
※ Based on inheritance-tax road prices published each July — a reference for the trend in land collateral value.
About This Property
A detached house a 17-minute walk from Ishikawacho Station on the JR Negishi Line, in Karasawa, Minami-ku, Yokohama. Yamate Station and Isezaki-chojamachi Station on the Blue Line subway are both 19 minutes on foot, giving access to three stations and putting central Yokohama — Kannai and Motomachi — close at hand. The listing places a 7-Eleven a 3-minute walk away, Heiraku Junior High and Yamamoto Elementary both 6 minutes, and Yokohama Kyoritsu Gakuen High School 10 minutes.
The house was built in February 1975: a two-story wooden structure with a 3K layout and 47.19 sqm of floor area (24.84 sqm on the ground floor, 22.35 sqm above). The land is 62.24 sqm freehold with no private-road burden. It is unrenovated, retaining its original tatami rooms, wooden fittings and tiled entrance floor, and the seller presents it as suitable for either owner-occupation or investment following a renovation.
The inheritance-tax roadside land price is 140,000 yen/sqm, putting the land's assessed value at about 8.71 million yen; the building's assessed value is zero as a 51-year-old wooden structure. Against the asking price of 9.8 million yen, the assessed-value ratio is 88.9%. The roadside price has risen for three consecutive years from 130,000 yen in 2024 (+7.7% cumulative).
Note that the listing gives no width or direction for the fronting road, and there is only one exterior photograph. See the research notes below for details.
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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