[Assessed 105.1%] Condominium building in Koshigaya, Saitama — 3 min from Obukuro Sta.
Property Overview
| Location | Koshigaya, Saitama |
| Nearest Station | Tobu Isesaki Line Obukuro Sta. |
| Walk | 3 min walk |
| Assessed Ratio | 105.1%Assessed 105.1% |
| Price | ¥258,000,000 |
| Type | Condominium building |
| Structure | Reinforced concrete (RC) |
| Built | Built Mar 2002 (24 years old) |
| Land Area | 819.3㎡ |
| Building Area | 1,095.93㎡ |
Assessed Value Breakdown
| Land assessed value | ¥94,219,500 |
| Building assessed value | ¥176,981,036 |
| Total assessed value | ¥271,200,536 |
| Asking price | ¥258,000,000 |
| Assessed ratio | 105.1% |
Calculation basis
- Land = road price ¥115,000/m² × land area 819.3m²
- Building = replacement cost ¥330,000/m² × floor area 1,095.93m² × remaining life 23y ÷ statutory life 47y
- Built Mar 2002 (24 years old)
Official Road Price Trend (last 3 years)
Cumulative change 2024 → 2026: +4.5%| Year | Road price (JPY/m²) | YoY |
|---|---|---|
| 2024 | 110,000 | — |
| 2025 | 110,000 | ±0.0% |
| 2026 | 115,000 | +4.5% |
※ Based on inheritance-tax road prices published each July — a reference for the trend in land collateral value.
How We Checked This Property
A single road price sheet here carries both D and E leasehold bands, and which side the property falls on changes the answer. The lot-number coordinates were unusable, so we fixed the position from map tiles.
What We Could Not Confirm
- No yield or assumed rent is published at all, and occupancy has to be confirmed with the agent. The building is tenanted and sold with tenants in place, but the occupancy rate is unknown.
- There is only one site photograph, an exterior shot, so the west and south elevations and the interior condition could not be checked.
- With 23 years remaining on a reinforced-concrete building, the assessed value rests mainly on the building, so the actual condition of the structure and services is where reality may diverge from the figure. No repair history beyond the June 2025 rooftop waterproofing is published.
- In Koshigaya City both Miyamoto-cho and Onma fall in leasehold band E. This property in Fukuroyama is band D, but properties in Koshigaya cannot be judged without fixing their exact position on the road price map.
※ 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 whole-block apartment building for sale in Fukuroyama, Koshigaya City, Saitama, a 3-minute walk from Obukuro Station on the Tobu Isesaki Line. A 7-Eleven sits about 282 metres away, a Lopia supermarket about 994 metres, and a Gyomu Super about 1,093 metres. Koshigaya Municipal Kita Junior High School is about 632 metres away and Sakurai Minami Elementary about 953 metres.
The 819.30 sqm plot (registered) carries a 1,095.93 sqm reinforced-concrete building of five storeys dating from March 2002, with 18 two-bedroom units. Built by the former housing supply corporation, it is tenanted and sold with tenants in place; rooftop waterproofing was renewed in June 2025. It fronts a 6.2-metre public road to the east across 18 metres, zoned Category 1 residential (60 percent coverage, 200 percent floor-area ratio).
Applying the fiscal 2026 inheritance-tax road price of 115,000 yen per sqm gives a land value of 94.22 million yen, and the reinforced-concrete building adds 176.98 million yen, for an assessed total of 271.20 million yen. Against the 258 million yen asking price the assessed ratio is 105.1 percent. The road price has risen 4.5 percent over three years, from 110,000 to 115,000 yen.
At 24 years old with 23 of the statutory 47 years remaining, the building carries more assessed value than the land. No yield is published and occupancy has to be confirmed with the agent. 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.