
[Assessed 89.8%] Apartment building in Matsudo, Chiba — 12 min from Matsudo Sta.
Property Overview
| Location | Matsudo, Chiba |
| Nearest Station | JR Joban Line Matsudo Sta. |
| Walk | 12 min walk |
| Assessed Ratio | 89.8%Assessed 89.8% |
| Price | ¥25,200,000 |
| Type | Apartment building |
| Structure | Wooden |
| Built | Built Sep 1977 (49 years old) |
| Land Area | 122.31㎡ |
| Building Area | 133.84㎡ |
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.
| Rakumachi | ¥25,200,000View listing |
Assessed Value Breakdown
| Land assessed value | ¥22,627,350 |
| Building assessed value | ¥0 |
| Total assessed value | ¥22,627,350 |
| Asking price | ¥25,200,000 |
| Assessed ratio | 89.8% |
Calculation basis
- Land = road price ¥185,000/m² × land area 122.31m²
- Building = replacement cost ¥220,000/m² × floor area 133.84m² × remaining life 0y ÷ statutory life 22y
- Built Sep 1977 (49 years old)
Official Road Price Trend (last 3 years)
Cumulative change 2024 → 2026: +19.4%| Year | Road price (JPY/m²) | YoY |
|---|---|---|
| 2024 | 155,000 | — |
| 2025 | 165,000 | +6.5% |
| 2026 | 185,000 | +12.1% |
※ 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 corrected our own earlier road-price error and evaluated against all three listings of the same property.
What We Could Not Confirm
- With the frontage width of the plot undisclosed, the setback area cannot be computed, so we calculated on the listed 122.31 m². Conservatively allowing a 10–15 m² loss puts the ratio at 82.5–78.8% — possibly below 80%.
- With no site photos, retaining walls and steps remain unverified.
※ 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 12-minute walk from Matsudo Station on the JR Joban Line, this apartment building sits in Iwase, Matsudo City, Chiba. The Joban Rapid reaches Ueno in about 20 minutes. A FamilyMart stands roughly 140 m from the property, a Choshimaru sushi restaurant about 130 m away and a cafe about 210 m away, with the city hall and shopping district within walking distance.
The building is a wooden structure completed in September 1977, with a floor area of 133.84 sqm across four units. The land is 122.31 sqm of freehold, and the listing records a private-road burden of 0.00 sqm. Note, however, that the frontage is a 1.9 m wide road designated under Article 42-2 of the Building Standards Act, so rebuilding requires a setback of about 1.05 m from the road centreline. Vehicles cannot enter.
The inheritance-tax roadside land value is 185,000 yen per sqm, putting the land component at 22.63 million yen. The building is 48 years old, past the 22-year statutory life for wooden construction, so its assessed value is zero. Against the asking price of 25.2 million yen the assessed ratio works out to 89.79%. The roadside value has risen for three straight years from 155,000 yen in 2024, up 19.4% in total — the steepest rise among the current candidates.
Deducting the setback area would lower the ratio: allowing for a loss of 10 to 15 sqm puts it in the range of 78.8% to 82.5%. The listing also carries no photographs of the site. Please see the research notes below.
Estimated Financing
Suggested Lenders
※ General tendencies of lenders covering this area, for information only. This does not guarantee or suggest any specific financing outcome.
Learn About Assessed Value and Financing
Our blog explains the basics you need to read the numbers on this page.
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