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[Assessed 87.2%] Detached house, 19 min from Kasumigaseki Station, Kawagoe City, Saitama
Assessed 87.2%Detached houseKawagoe City, SaitamaKasumigaseki Sta. 19 min walk

[Assessed 87.2%] Detached house, 19 min from Kasumigaseki Station, Kawagoe City, Saitama

Published: Aug 30, 2026Updated: Sep 14, 2026

Property Overview

LocationKawagoe City, Saitama
Nearest StationTobu Tojo Line Kasumigaseki Sta.
Walk19 min walk
Assessed Ratio87.2%Assessed 87.2%
Price¥19,800,000
TypeDetached house
StructureWooden
BuiltBuilt Dec 1989 (36 years old)
Land Area193.89㎡
Building Area109.5㎡

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¥19,800,000View listing

Assessed Value Breakdown

Land assessed value¥17,256,210
Building assessed value¥0
Total assessed value¥17,256,210
Asking price¥19,800,000
Assessed ratio87.2%

Calculation basis

  • Land = road price ¥89,000/m² × land area 193.89m²
  • Building = replacement cost ¥220,000/m² × floor area 109.5m² × remaining life 0y ÷ statutory life 22y
  • Built Dec 1989 (36 years old)

Official Road Price Trend (last 3 years)

Cumulative change 2024 → 2026: +3.5%
YearRoad price (JPY/m²)YoY
202486,000
202588,000+2.3%
202689,000+1.1%

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 was given as "Oaza Odutsumi". Oaza place names often sit in urbanisation control areas or multiplier areas, and multiplier areas carry no roadside land value, which makes an assessment impossible. This is a record that begins by settling that question.

Locating the road price

Oaza Odutsumi spans six roadside value map sheets (26012, 26016, 26017, 26018, 26023 and 26024), and most of its area is marked as a multiplier area — that is, an urbanisation control area. Multiplier areas carry no roadside land value, so no assessment can be calculated there. However, the listing states the city planning field as "urbanisation promotion area" and the zoning as Category II Low-rise Exclusive Residential (50% building coverage, 100% floor area ratio). Multiplier areas carry no zoning designation, so the moment those two fields coexist a multiplier area is ruled out. We confirmed the site lies in a pocket of urbanisation promotion area with roadside values assigned.

View source
Locating the road price

Odutsumi has only two pockets of urbanisation promotion area. One is a subdivision called Family Town Kasuga (lots in the 38s and 62s, lower right of sheet 26017, right of 26023, upper left of 26024), at 89D to 90D. The other is a north-western pocket nearer Tsurugashima Station (lots 899, 900 and the 240 to 245 range, sheet 26016), at 93D to 98D with 100D around it. We placed the site in the former from the listed walking times (19 minutes to Kasumigaseki, 27 to Tsurugashima). The latter includes a point 198 m in a straight line from Tsurugashima Station, equivalent to a three-minute walk, which contradicts the listing. Within the pocket 89D and 90D are split roughly evenly, so we erred to the conservative side and took the lower end of the modal band, 89,000 yen/sqm, as the representative value.

Locating the road price

We checked the sensitivity. At 89,000 yen/sqm the ratio is 87.2%; the neighbouring 90D gives 88.1%; the north-western pocket's 93D would give 91.1% and 100D would give 97.9%. The cheapest roadside value assigned anywhere in Odutsumi's urbanisation promotion area is 89,000 yen/sqm, and every band exceeds the 81,696 yen/sqm needed to reach 80%. Last year's 88,000 yen gives 86.2% and the year before's 86,000 yen gives 84.2%, so neither a misread band nor a different year changes the conclusion. To fix the location, the listing HTML carried no property coordinates — the two it did contain were both stations (Tsurugashima and Kasumigaseki), so we did not use them. Instead we geocoded the lot-number annotations on the roadside value map through the Geospatial Information Authority's address API to calibrate, and established that the subdivision corresponds to lot 62 of Odutsumi. For the three-year series we followed the same roads by the same lot annotations (62-199, 62-222, 62-267) on the same sheet by eye. The leasehold ratio symbol is D on every road (the 83E to 91E common on the adjacent sheet 26012 are Kamihiroya and Gomigaya in Tsurugashima City, not Odutsumi).

On-site check from photos

We obtained and inspected all eight exterior photographs and both parking photographs (the usual extraction picked up only three, so we downloaded every file manually from the image list in the HTML). Having checked the entire perimeter of the site, we found no retaining wall with a retaining height of 1 m or more, no step and no stepped access. On the southern entrance side the boundary is a brick-look decorative kerb and planting strip, with a difference of about 0.15 to 0.3 m from the road apron. Three steps lead to the entrance, a total rise of 0.4 to 0.5 m. We cross-checked the measurement two ways — counting the horizontal joints of the brick wall beside the gate post (9 to 10 courses x about 6.7 cm = about 0.6 to 0.7 m) and against a 200 cm door height with about 15 cm risers — and even at the upper bound the retaining height at the boundary stops at about 0.3 m. The brick wall beside the gate post (0.6 to 0.85 m) is a decorative screen wall; the ground is level on both sides, so it does not function as a retaining wall. On the western road a telescopic gate and fence sit on a low concrete kerb with the site close to level (0.2 to 0.3 m); the eastern neighbour has only a low footing under a white mesh fence; and the northern parking area is asphalt, level with the adjoining land.

On-site check from photos

One point is easy to misread, so we record it. A concrete retaining wall with a guardrail appears to the right of the photographs, but it belongs to a separate site on the slope across the road surface and is not this property's boundary. We confirmed this by enlarging the image. For terrain we sampled seven points across the subdivision using national elevation data and confirmed a gentle plateau of 19.1 to 22.7 m with a 0.9% gradient over about 400 m. There is no metre-scale step, which is consistent with the reading from the photographs. There is no slope face, no protective sheeting and no flagpole shape.

View source
Rights and restrictions

The land is held in freehold, in an urbanisation promotion area zoned Category II Low-rise Exclusive Residential with 50% building coverage and 100% floor area ratio, and the land category is residential. The site is a north-west corner plot fronting two public roads, 9.0 m to the west and 9.0 m to the north. Both are 9 m class, the type that attracts a corner-plot adjustment, and a corner-plot relaxation of the building coverage ratio can be expected. There is no private road burden and no mention of a setback. There is no mention of non-rebuildable status, a cliff ordinance, a retaining wall, a level difference, an Article 43 proviso or leasehold; the only remark is a disclaimer of liability for non-conformity. The property is vacant, handover is negotiable, and the transaction is an exclusive agency listing. Mains water, sewerage and city gas are all connected, and parking is for two cars under a carport.

What We Could Not Confirm

  • The remarks note a disclaimer of liability for non-conformity. Under that condition the seller cannot be held responsible for defects found after handover, so the condition of the building needs checking in advance. At 36 years old and vacant, the working state of the fixtures also needs looking at.
  • Because the address is given as an oaza name, we could confirm from the listed zoning that the site lies within a pocket of urbanisation promotion area, but the lot number is not published. If the lot number becomes known, the individual roadside value would be settled. The band across Odutsumi's urbanisation promotion area runs 89D to 100D.
  • It is 19 minutes on foot to Kasumigaseki Station and 27 to Tsurugashima, so the stations are some distance away. Nearby supermarkets are 1,300 m to Yaoko and about 860 m to Ecos Tairaya, making this a location that assumes car use.
  • This is a Category II Low-rise Exclusive Residential zone with 50% building coverage and 100% floor area ratio. The scale that can be built on 193.89 sqm is limited, so anyone planning a rebuild should check the achievable volume.
  • The retaining wall with guardrail to the right of the photographs belongs to a separate site across the road, but it is also a sign that plots with level differences are mixed through the surrounding area. We measured the subdivision itself as gently sloping, but a site visit is recommended.

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

Yaoko
3 min walk from the station

Supermarket about 160 m from Kasumigaseki Station; about 890 m from the property.

Source
Ecos Tairaya
12 min walk from the station

Supermarket about 680 m from Kasumigaseki Station; about 860 m from the property.

Source
FamilyMart
13 min walk from the station

The nearest convenience store, about 600 m from the property.

Source

Neighborhood ② Dining Near the Station

Gusto
25 min walk from the station

Family restaurant about 500 m from the property.

Source
Tokijuan
24 min walk from the station

Japanese restaurant about 680 m from the property.

Source
Chestnut
26 min walk from the station

About 560 m from the property.

Source

About This Property

A 19.8 million yen resale detached house in Odutsumi, Kawagoe City, Saitama, a 19-minute walk from Kasumigaseki Station on the Tobu Tojo Line. Land 193.89 sqm (registry, about 58 tsubo), building 109.50 sqm, wooden two-storey 4LDK, built December 1989 (36 years old). Currently vacant, with parking for two cars under a carport.

The assessed ratio is 87.2%. The inheritance-tax roadside land value for fiscal 2026 is 89,000 yen/sqm (roadside value map 26024), which across 193.89 sqm gives 17.25 million yen. At 36 years the building is 14 years past the 22-year statutory life for timber construction, so its assessed value is zero and this figure comes from the land alone.

The first thing we checked was whether a roadside value exists at all. The address is given as "Oaza Odutsumi", and oaza place names often sit in urbanisation control areas or multiplier areas. Indeed, Odutsumi spans six roadside value map sheets and most of its area is marked as a multiplier area (urbanisation control area). However, the listing states the city planning field as "urbanisation promotion area" and the zoning as Category II Low-rise Exclusive Residential (50% coverage, 100% floor area ratio). Multiplier areas carry no zoning designation, so the moment those two coexist a multiplier area is ruled out. The site therefore lies inside a pocket of urbanisation promotion area with roadside values assigned.

Odutsumi has only two such pockets. One is a subdivision called Family Town Kasuga, at 89D to 90D; the other is a north-western pocket nearer Tsurugashima Station at 93D to 98D, with 100D around it. From the listed walking times (19 minutes to Kasumigaseki, 27 to Tsurugashima) we placed the site in the former. The latter includes a point just 198 m in a straight line from Tsurugashima Station, which contradicts the listed 27 minutes. Within the pocket 89D and 90D are split roughly evenly, so we took the conservative 89,000 yen/sqm as the representative value.

On sensitivity: the neighbouring 90D still gives 88.1%, the north-western pocket's 93D would give 91.1%, and 100D would give 97.9%. The cheapest roadside value assigned anywhere in Odutsumi's urbanisation promotion area is 89,000 yen/sqm, and every band exceeds the 81,696 yen/sqm needed to reach 80%. Last year's 88,000 yen gives 86.2% and the year before's 86,000 yen gives 84.2%, so neither a misread band nor a different year changes the conclusion.

To fix the location, we found the listing HTML carried no property coordinates — the two it did contain were both station points, so we did not use them. Instead we geocoded the lot-number annotations on the roadside value map through the Geospatial Information Authority's address API to calibrate, and established that the subdivision corresponds to lot 62 of Odutsumi.

The site is a north-west corner plot fronting two public roads, 9.0 m to the west and 9.0 m to the north. Both are 9 m class, the type that attracts a corner-plot adjustment, and a corner-plot relaxation of the building coverage ratio can be expected. There is no private road burden and no mention of a setback.

We examined all eight exterior photographs and both parking photographs. On the southern entrance side the boundary is a brick-look decorative kerb and planting strip, with a 0.15 to 0.3 m difference from the road. Three steps lead to the entrance, a total rise of 0.4 to 0.5 m. The brick wall beside the gate post stands 0.6 to 0.85 m but the ground is level on both sides, so it does not function as a retaining wall. The western road is also close to level with the site, the eastern neighbour has only a low footing under a white mesh fence, and the northern parking area is level with the adjoining land. Elevation data confirms the subdivision as a gentle plateau of 19.1 to 22.7 m with a 0.9% gradient over about 400 m — no metre-scale step.

One thing worth noting: the concrete retaining wall with guardrail visible to the right of the photographs belongs to a separate site on the slope across the road, not to this property's boundary. We confirmed this by enlarging the image.

Estimated Financing

Assessed value ¥17,256,210 → estimated loan ¥17,250,000 (87% of the asking price)

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

Suggested Lenders

静岡銀行
Regional bankLand-value focusedStrong with detached housesGood with older buildings
本業年収700万円以上が検討対象。 相続税路線価から算出した「土地の積算」が60%以上出ていれば、基本的にフルローンとなる。 修正後バランスシートも重視しており、属性枠だけで終了する訳ではない為、可能な限り「土地」が高積算の物件を買い進めていきたい。
L&Fアセットファイナンス
Non-bank lenderLand-value focusedStrong with detached housesGood with older buildings
土地値が出る築古系が得意。 属性はほぼ問わない。 どんなに担保評価が付いたとしても8割融資が目安。 建物の価値に対してはほぼ担保評価を付けてくれない為、新築や築浅の物件は要注意。 但し、建売の売れ残りや変形地等の場合は、土地が広くて担保評価が伸びたり、賃料が高くて収益還元評価が伸びたりして、思わずハマるケースがある。 また、産休中でも行けた、貴重な存在の金融機関である。
関西みらい銀行
Regional bankAssessed-value focusedStrong with detached houses
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。

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

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