[Assessed 124.6%] Detached house in Tsurugashima, Saitama — 20 min from Sakado Sta.

⚠️ The lot fronts a 4 m wide private road on the southeast side, and the listing states neither the legal road type, nor whether a share of the road is included, nor whether rebuilding is permitted. The listing appears only on Kenbiya and we could not find the same property on any other site, so these points must be confirmed with the broker. We list properties whose road access could not be verified with a warning, but similar properties have turned out to be unrebuildable.

⚠️ The listing gives Sakado Station on the Tobu Tojo Line as a 20-minute walk. From the block of lot 582 identified on the road price map, Sakado Station is about 1.4 to 1.5 km in a straight line, which may translate to a 20 to 25 minute walk by road. The "Wakaba Station 15 min" shown in Kenbiya's list view is about 2.2 km away and does not appear on the detail page.

The property is a pre-owned house at Shimoshinden 582, Tsurugashima. The land is 67.91 ㎡ (about 20.5 tsubo); the building is a two-story wooden 4K house built in August 1974 with 63.69 ㎡ of floor area and a built-in garage for one car on the ground floor. The owner currently lives there and the handover date is negotiable. The land is freehold, zoned Category 1 residential with a 60% building coverage ratio and a 200% floor area ratio. The listing has three small exterior photos and a floor plan. The front road and the lot are at about the same level with no stepped access, and the neighbors on both sides are separated by fences and block walls that do not retain earth.

The road price was taken from the 2026 road price map (sheet 26346), where the block containing the lot numbers 582-1 to 582-85 could be identified directly. The north, west and south sides of the block carry 73,000 yen/㎡, the east side 76,000 yen/㎡, and the three-year series is 71,000 → 72,000 → 73,000 yen. The building is 52 years old and beyond its statutory useful life, so it is valued at zero. The assessed land value is 73,000 yen × 67.91 ㎡ = 4,957,430 yen, or 124.6% of the 3,980,000 yen asking price. Using the 76,000 yen east side gives 129.7% and the lowest nearby value of 70,000 yen still gives 119.4%.

The price sits well below the assessed land value because the 52-year-old building carries no value, the owner still lives there so the handover will come later, and the rebuilding conditions on the private road cannot be read from the listing. Although listed in Kenbiya's rental-house category, no expected rent is given, so any rental cash flow has to be worked out independently. Tsurugashima lies outside National Route 16, between Kawagoe and Sakado, both of which this site covers.