[Assessed 1179.5%] Detached house in Hachioji, Tokyo — 20 min from Hachioji Sta.
Property Overview
| Location | Hachioji, Tokyo |
| Nearest Station | JR Chuo Main Line Hachioji Sta. |
| Walk | 20 min walk |
| Assessed Ratio | 1179.5%Assessed 1179.5% |
| Price | ¥2,800,000 |
| Type | Detached house |
| Structure | Wooden |
| Built | Built Sep 1967 (58 years old) |
| Land Area | 213.07㎡ |
| Building Area | 47.49㎡ |
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 | ¥2,800,000View listing |
Assessed Value Breakdown
| Land assessed value | ¥33,025,850 |
| Building assessed value | ¥0 |
| Total assessed value | ¥33,025,850 |
| Asking price | ¥2,800,000 |
| Assessed ratio | 1179.5% |
Calculation basis
- Land = road price ¥155,000/m² × land area 213.07m²
- Building = replacement cost ¥220,000/m² × floor area 47.49m² × remaining life 0y ÷ statutory life 22y
- Built Sep 1967 (58 years old)
Official Road Price Trend (last 3 years)
Cumulative change 2024 → 2026: +10.7%| Year | Road price (JPY/m²) | YoY |
|---|---|---|
| 2024 | 140,000 | — |
| 2025 | 145,000 | +3.6% |
| 2026 | 155,000 | +6.9% |
※ Based on inheritance-tax road prices published each July — a reference for the trend in land collateral value.
How We Checked This Property
The asking price falls below a tenth of the assessed land value. We separate what the listing discloses about that discount from what it leaves unsaid.
What We Could Not Confirm
- The 2.8 million yen asking price falls below a tenth of the 33.02 million yen assessed land value. Even allowing for the disclosure, clearance of contents and demolition, the listing does not explain that gap. Confirmation with the seller is needed.
- The width and classification of the road in front are not given. Whether rebuilding is permitted needs confirming; five properties with the same gap have previously been declined.
- There are apparently unregistered buildings and outbuildings on the plot. How demolition and registration will be handled is not stated in the listing.
- The interior is filled with left-behind contents to the point the floor is not visible. The listing does not say who bears the clearance cost.
- The property is sold directly by the owner. There is no agent's commission, but equally no third party standing behind the listing details.
※ 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 pre-owned detached house in Owada-machi 7-chome, Hachioji City, Tokyo, a 20-minute walk from Hachioji Station on the JR Chuo Main Line. A convenience store sits about 269 metres away and a grocery supermarket about 354 metres. A primary school adjoins to the north and a park lies about 150 metres west.
The land measures 213.07 sqm and the building 47.49 sqm, two storeys, built in September 1967. The land is held in freehold and registered as residential land; zoning is Category 2 Residential with a 60 percent building coverage ratio and a 200 percent floor area ratio. The house is vacant with immediate handover, sold directly by the owner.
Applying the fiscal 2026 inheritance-tax road price of 155,000 yen per sqm to the 213.07 sqm plot gives a land value of 33.03 million yen. The structure field reads "other", so we treated it conservatively as wooden. At 58 years old it exceeds the statutory service life either way, so the building is valued at zero. Against the 2.8 million yen asking price the assessed ratio is 1179.5 percent. The road price has risen 10.7 percent over three years, from 140,000 to 155,000 yen.
The listing's notes carry three disclosures: the property is sold as-is; a death from natural causes occurred in October 2025 and was discovered about a day later; and there are unregistered outbuildings on the plot. The road-access field is also blank. Why the asking price falls below a tenth of the assessed land value cannot be explained from the listing alone. The research section below sets out what we were able to verify.
Estimated Financing
Suggested Lenders
※ General tendencies of lenders covering this area, for information only. This does not guarantee or suggest any specific financing outcome.