[Assessed 155%] Detached house in Kawagoe, Saitama — 16 min from Kawagoe Sta.

A 16-minute walk from Kawagoe Station on the Tobu Tojo Line, this detached house sits in Kishimachi 1-chome, Kawagoe City, Saitama. Kawagoe Station serves both the Tobu Tojo Line and the JR Kawagoe Line, and an express reaches Ikebukuro in roughly 30 minutes. A 7-Eleven stands about 54 m from the property, and the Kawagoe Mine complex and a Yaoko supermarket sit on the west side of the station.

The building is a two-storey wooden house completed in November 1972, with a floor area of 42.9 sqm laid out as a 4DK. The land is 62 sqm of freehold with no private-road burden, fronting a 4 m wide road to the north. Zoning is Category I Residential, with 60% building coverage and 200% floor area ratios. It has municipal water and public sewerage, individual LPG, and no parking space. It is sold as-is with belongings left in place, and viewings are available.

The inheritance-tax roadside land value is 125,000 yen per sqm, putting the land component at 7.75 million yen. The building is 53 years old, past the 22-year statutory life for wooden construction, so its assessed value is zero. Against the asking price of 5 million yen the assessed ratio works out to 155.0% - the land value alone exceeds the asking price. The roadside value rose from 120,000 yen in 2024 to 125,000 yen in 2025, up 4.2% over three years.

The exterior photograph shows no step between the road and the site, and no retaining wall, stepped approach or flag-pole lot. However, the listing carries only one exterior photograph, and the east, west and rear boundaries could not be checked. Please see the research notes below for the basis of the assessment and the limits of what the photographs show.