![[Assessed 154.8%] Land in Kawagoe, Saitama — 18 min from Matoba Sta.](https://img01.suumo.com/jj/resizeImage?src=gazo%2Fbukken%2F030%2FN010000%2Fimg%2F287%2F21224287%2F21224287_0002.jpg&w=1600&h=1200)
[Assessed 154.8%] Land in Kawagoe, Saitama — 18 min from Matoba Sta.
Property Overview
| Location | Kawagoe, Saitama |
| Nearest Station | JR Kawagoe Line Matoba Sta. |
| Walk | 18 min walk |
| Assessed Ratio | 154.8%Assessed 154.8% |
| Price | ¥20,800,000 |
| Type | Land |
| Land Area | 522.47㎡ |
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 | ¥20,800,000View listing |
Assessed Value Breakdown
| Land assessed value | ¥32,189,270 |
| Building assessed value | - |
| Total assessed value | ¥32,189,270 |
| Asking price | ¥20,800,000 |
| Assessed ratio | 154.8% |
Calculation basis
- Land assessed value was entered manually by the operator.
Official Road Price Trend (last 3 years)
Cumulative change 2024 → 2026: +2.9%| Year | Road price (JPY/m²) | YoY |
|---|---|---|
| 2024 | 69,000 | — |
| 2025 | 71,000 | +2.9% |
| 2026 | 71,000 | ±0.0% |
※ Based on inheritance-tax road prices published each July — a reference for the trend in land collateral value.
How We Checked This Property
The address stops at the district name with no lot number, and the road price map spans sixteen sheets whose bands differ almost twofold. Here is how we pinned the location using walking times and the coordinates of nearby facilities.
What We Could Not Confirm
- The restrictions field states this is an irregular plot, flagpole-shaped on both sides, and the assessed value carries no correction for shape. The real valuation should be discounted from this figure.
- The asking price works out at 39,800 yen per sqm, 56 percent of the 71,000 yen road price. The 158-tsubo size and the double flagpole shape explain some of that, but the gap against market value makes an on-site check essential.
- Connecting water, sewerage and gas is at the buyer's expense.
- There is only one site photograph, taken from a single direction, so the northern frontage (4.0-metre public road, 2.7-metre frontage) could not be checked.
- With no lot number published, distances to nearby facilities are measured from the centre of the area we narrowed the property to, not from the property itself.
※ 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 plot of land for sale in Matoba, Kawagoe City, Saitama, an 18-minute walk from Matoba Station on the JR Kawagoe Line. A FamilyMart sits about 375 metres away, a Belc supermarket about 550 metres, and the sushi restaurant Oshimaya about 366 metres. Kasumigaseki Station on the Tobu Tojo Line is also 30 minutes on foot.
The 522.47 sqm plot (registered, about 158 tsubo) is vacant, freehold, with no building conditions attached. It meets a 4.0-metre public road to the north across a 2.7-metre frontage and a 4.2-metre public road to the south across a 4.6-metre frontage, directly on both sides. Zoning is Category 1 low-rise residential (50 percent coverage, 80 percent floor-area ratio). Connecting water, sewerage and gas is at the buyer's expense.
Applying the fiscal 2026 inheritance-tax road price of 71,000 yen per sqm to an effective area of 453.37 sqm — the plot less 69.1 sqm of flagpole strips — gives an assessed value of 32.19 million yen. Against the 20.8 million yen asking price the assessed ratio is 154.8 percent. The road price has risen 2.9 percent over three years, from 69,000 to 71,000 yen.
⚠️ The listing's restrictions field states plainly that this is an irregular plot, flagpole-shaped on both sides. The assessed value is simply area multiplied by road price and carries no correction for irregular shape, so the real valuation should be discounted from this figure. See the research section 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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