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[Assessed 90.4%] Land, 20 min from Higashi-Totsuka Station, Totsuka Ward, Yokohama, Kanagawa
Assessed 90.4%LandTotsuka Ward, Yokohama, KanagawaHigashi-Totsuka Sta. 20 min walk

[Assessed 90.4%] Land, 20 min from Higashi-Totsuka Station, Totsuka Ward, Yokohama, Kanagawa

Published: Aug 29, 2026Updated: Aug 29, 2026

Property Overview

LocationTotsuka Ward, Yokohama, Kanagawa
Nearest StationJR Yokosuka Line Higashi-Totsuka Sta.
Walk20 min walk
Assessed Ratio90.4%Assessed 90.4%
Price¥14,000,000
TypeLand
Land Area105.9㎡

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.

athome¥14,000,000View listing

Assessed Value Breakdown

Land assessed value¥12,660,000
Building assessed value-
Total assessed value¥12,660,000
Asking price¥14,000,000
Assessed ratio90.4%

Calculation basis

  • Land assessed value was entered manually by the operator.

Official Road Price Trend (last 3 years)

Cumulative change 2024 → 2026: +3.4%
YearRoad price (JPY/m²)YoY
2024145,000
2025150,000+3.4%
2026150,000±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 site plan in the listing says plainly that this is a flagpole plot with a 2 m frontage. The pole's area is not stated, so we measured it off the plan. We also worked out which block the site sits in, from the facility distances in the listing, because the roadside value map for this district spans four sheets.

Effective land area

The site plan states "this is a flagpole plot with a 2 m frontage", and the frontage field reads "east, 4.0 m public road, 2.0 m of frontage". Neither the depth nor the area of the pole is given, so we measured the outline on the site plan. Scaling the perimeter polygon to the stated 105.90 sqm gives 20.39 px/m, and at that scale the pole comes out 1.96 m wide — within 2% of both the "2 m" annotated on the plan and the "2.0 m of frontage" in the listing, which makes the calibration sound. The pole is 10.45 m deep, giving about 21.5 sqm. Usable land is therefore 105.90 − 21.5 = 84.40 sqm. Since this is a judgement call we show both figures: deducting the pole gives an assessed ratio of 90.4%, not deducting gives 113.5%. We took the conservative deduction as the headline. There is no private road burden (the listing shows "−") and no jointly held separate parcel, so nothing beyond the pole is deducted.

Locating the road price

Hirado 2-chome spans four roadside value map sheets (68038, 68039, 68052 and 68053), with residential street values from 145D to 195D — a spread of 35%. The coordinates in the listing HTML are a chome-level geocode with no lot number, and plotting them puts the site in neighbouring Hirado 3-chome, so they were unusable. Instead we used the real coordinates of three facilities annotated on the map (Hirado Kindergarten, Yokohama Hirado Post Office and Hirado Fifth Park) to fit an affine calibration within sheet 68038 alone (residuals within 1.2 m per point, scale about 1:2500). No extrapolation across sheet boundaries was used. We then solved for the position by least squares from the six facility distances in the listing (Sanno-yama Park 350 m, Sakaigi Junior High 650 m, Hirado Elementary 950 m, convenience store 500 m, bus stop 2 min, Higashi-Totsuka Station 20 min). The answer falls inside block 34 of Hirado 2-chome: Sanno-yama Park at 349 m against the listed 350 m, and the bus stop at 153 m against about 150 m — a fit five times better than the listing's own map pin.

View source
Locating the road price

The residential streets around block 34 read 165D to the west, 170D to the north and 150D to the east and south. We took the conservative reading, the lowest at 150D (150,000 yen/sqm). On sensitivity: even the lowest value anywhere in Hirado 2-chome, 145D, gives 87.4%, while the district mode of 170 to 180D gives 102.5 to 108.5%. Even after deducting the 21.5 sqm pole, no band in the district takes it below 80% (the roadside value needed to reach 80% is 132,701 yen/sqm, and no street in Hirado 2-chome falls below that). The three-year series follows the same street on the same sheet: 145,000 yen in 2024, 150,000 in 2025 and 150,000 in 2026. The leasehold ratio symbol is D (60%). The listing notes the site is "within a land readjustment area", so we first checked whether it fell in an individually assessed zone with no published roadside values; the streets around this block carry values in all three years, so it is a readjustment area where the replotting is already complete.

On-site check from photos

We opened the eight site photos and the site plan. The pole is a flat concrete apron level with the road, with no step at the boundary (about 10 cm against the gutter top at most). The photo taken from the entrance looking down the pole shows not a single step from the access strip through the gate to the front door, and the entrance photo shows the door set directly onto the tiled threshold with no external steps. This is neither stepped access nor a road step. The southern boundary is a decorative block wall facing the road; measuring the horizontal joints gives two courses, about 0.40 m. The concrete boundary wall along the access strip is between a half and two-thirds the height of the aluminium mesh fence above it (standard 80 cm), giving a retaining height of about 0.4 to 0.6 m with the neighbouring side higher. Two reference objects agree closely, and even the upper estimate of 0.6 m is under 1 m. On the garden side an iron fence rises straight from the ground with the neighbouring wall at much the same level, and there is no step.

On-site check from photos

We checked what the "elevated" terrain note and the view photos actually mean. Hirado 2-chome as a whole sits on a ridge at 52 to 58 m above sea level looking down over the Higashi-Totsuka valley; that is the source of the views, not the site standing on a terrace. Measuring a 32 m square around the site on a 4 m mesh using national 1 m laser survey data gave 52.0 to 56.2 m — a gentle slope falling about 11% to the east — with a maximum difference of about 1.0 m between adjacent 4 m cells. No jump of 1 m or more, the signature of a retaining wall or terrace step, was detected.

View source
Rights and restrictions

The land is held in freehold with no private road burden, in an urbanisation promotion area zoned Category I Low-Rise Exclusive Residential with 50% building coverage and 80% floor area ratio, Category I Height District, Article 22 zone. Land use notification, setback and conditions are all "−", and nothing in the body text, highlights or remarks mentions non-rebuildable status, proviso roads or cliff ordinances. It is not sold subject to building conditions. Mains water, sewerage, city gas, electricity and gutters are in place. The property is sold with the existing house as-is, with immediate handover available, on a brokerage basis.

What We Could Not Confirm

  • The stone-effect wall on the northern boundary is completely covered in ivy, hiding the ground line on the neighbouring side, so its retaining height could not be settled. The access strip is flat right up to the foot of the wall, and the same boundary seen from the entrance side is a 0.3 to 0.4 m footing with a timber-effect fence, but there is no positive confirmation that it retains less than 1 m.
  • The 21.5 sqm pole area is our own measurement off the site plan. The listing gives no dimensions for the pole, so a survey plan or a site visit is needed to confirm it. A longer pole means less usable land and a lower assessed ratio.
  • This is a flagpole plot with a 2 m frontage. That just satisfies the Building Standards Act requirement of 2 m, but a 2 m-wide pole constrains construction vehicle access and any future rebuild. Parking also depends on the width of the pole.
  • The existing house was built in December 1978 (47 years old), but no structure or floor area is given. The building's assessed value is taken as zero, but a demolition quote needs both figures.
  • Zoning is restrictive — Category I Low-Rise Exclusive Residential at 50% coverage and 80% floor area ratio — so 84.40 sqm of usable land limits what can be built. Anyone considering a rental use should confirm the achievable volume.

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

Big-A Yokohama Hirado
21 min walk from the station

Discount supermarket about 360 m from the property; about 1.3 km from Higashi-Totsuka Station.

Source
Aeon Higashi-Totsuka
7 min walk from the station

Large shopping complex in front of Higashi-Totsuka Station, about 420 m from the station.

Source
Lopia
30 min walk from the station

Supermarket about 700 m from the property.

Source

Neighborhood ② Dining Near the Station

Bimien
23 min walk from the station

Chinese restaurant about 210 m from the property — the closest place to eat.

Source
Masaji
25 min walk from the station

Japanese restaurant about 220 m from the property.

Source
Sushi Sei
22 min walk from the station

Sushi restaurant about 310 m from the property.

Source

About This Property

A 14 million yen plot with an old house in Hirado 2-chome, Totsuka Ward, Yokohama, a 20-minute walk from Higashi-Totsuka Station on the JR Yokosuka Line. Land 105.90 sqm (registered). By bus it is 15 minutes to the Hirado 2-chome stop and 2 minutes on foot from there. The existing house was built in December 1978 (47 years old), but with no structure or floor area given its assessed value is counted as zero, so demolition costs need budgeting separately.

The assessed ratio is 90.4%. The inheritance-tax roadside land value for fiscal 2026 is 150,000 yen/sqm (roadside value map 68038). However, the site plan in the listing states plainly that this is a flagpole plot with a 2 m frontage, so the pole (access strip) has to come out of the assessment. Measuring the site plan puts the pole at about 1.96 m wide by 10.45 m deep, or about 21.5 sqm, leaving 84.40 sqm of usable land. At 150,000 yen/sqm that is 12.66 million yen, or 90.4% of the 14 million yen price. Without the deduction it would be 15.88 million yen and 113.5%, but we have taken the conservative figure as the headline.

Pinning down the location took some work. Hirado 2-chome spans four roadside value map sheets, with residential street values ranging from 145D to 195D — a spread of 35%. The coordinates in the listing HTML are a chome-level geocode with no lot number, and plotting them on the map puts the site in neighbouring Hirado 3-chome, so they were unusable. Instead we calibrated the map against the real coordinates of three facilities annotated on it (a kindergarten, a post office and a park), then solved for the position by least squares from the six facility distances given in the listing. The answer falls inside block 34 of Hirado 2-chome, with Sanno-yama Park at 349 m (listing says 350 m) and the bus stop at 153 m (listing says about 150 m) — a good match.

The residential streets around this block read 165D to the west, 170D to the north and 150D to the east and south, and we took the conservative 150D. On sensitivity, even the lowest value anywhere in Hirado 2-chome, 145D, gives 87.4%, while the district mode of 170 to 180D gives 102.5 to 108.5%. The roadside value needed to reach 80% is 132,701 yen/sqm, and no street in Hirado 2-chome falls below that.

The listing describes the terrain as "elevated" and includes views from the first and second floors. That reflects Hirado 2-chome sitting on a ridge at 52 to 58 m above sea level looking down over the Higashi-Totsuka valley, rather than the site itself standing on a terrace. Measuring a 32 m square around the site on a 4 m mesh using national 1 m laser survey data gave 52.0 to 56.2 m — a gentle slope falling about 11% to the east — with a maximum difference of about 1.0 m between adjacent cells. No abrupt jump of the kind a retaining wall or terrace step would produce was detected.

The pole is a flat concrete apron level with the road, with no step at the boundary. There is not a single step between there and the entrance, so this is not stepped access either. The southern boundary is two courses of decorative block, giving a retaining height of 0.4 to 0.6 m. Only the northern boundary could not be settled: the stone-effect wall is completely covered in ivy, hiding the ground line on the neighbouring side.

Estimated Financing

Assessed value ¥12,660,000 → estimated loan ¥12,660,000 (90% of the asking price)

Actual loan availability, amounts and terms are subject to each bank's screening.

Suggested Lenders

関西みらい銀行
Regional bankAssessed-value focusedStrong with lands
土地から新築OK。 築古過ぎず、好立地で積算割合が高く、キャッシュフローが回る物件であれば、検討対象となる。 産休中はNG。 築古過ぎる場合は、信用金庫・信用組合のセゾンファンデックス保証付の不動産担保ローンが適す。
滋賀銀行
Regional bankAssessed-value focusedStrong with lands
土地から新築OK。 好立地で積算割合が高く、キャッシュフローが回る物件であれば、検討対象となる。 但し、産休中はNG。
信用金庫・信用組合のセゾンファンデックス保証付の不動産担保融資
Shinkin bankAssessed-value focusedStrong with lands
築古でも可。 築年数は問わず、土地の積算さえ出ていれば、20年程度の期間で融資してくれるケースが多い。 但し、立地が良くないと、担保評価が付かず取扱不可となる。 新築や築浅に関しても、建物の価値を適切に判断してくれる為、やりやすい。

General tendencies of lenders covering this area, for information only. This does not guarantee or suggest any specific financing outcome.

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