積算100
[Assessed 104.5%] Detached house in Matsudo, Chiba — 7 min from Kogane-joshi Sta.
Assessed 104.5%Detached houseMatsudo, ChibaKogane-joshi Sta. 7 min walk

[Assessed 104.5%] Detached house in Matsudo, Chiba — 7 min from Kogane-joshi Sta.

Published: Sep 7, 2026Updated: Sep 15, 2026

Property Overview

LocationMatsudo, Chiba
Nearest StationRyutetsu Nagareyama Line Kogane-joshi Sta.
Walk7 min walk
Assessed Ratio104.5%Assessed 104.5%
Price¥8,000,000
TypeDetached house
Expected Yield16.01%
StructureWooden
BuiltBuilt Jan 1973 (53 years old)
Land Area69.64㎡
Building Area57.83㎡

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.

Kenbiya¥8,000,000View listing
Kenbiya¥8,000,000View listing

Assessed Value Breakdown

Land assessed value¥8,356,800
Building assessed value¥0
Total assessed value¥8,356,800
Asking price¥8,000,000
Assessed ratio104.5%

Calculation basis

  • Land = road price ¥120,000/m² × land area 69.64m²
  • Building = replacement cost ¥220,000/m² × floor area 57.83m² × remaining life 0y ÷ statutory life 22y
  • Built Jan 1973 (53 years old)

Official Road Price Trend (last 3 years)

Cumulative change 2024 → 2026: +20.0%
YearRoad price (JPY/m²)YoY
2024100,000
2025110,000+10.0%
2026120,000+9.1%

Based on inheritance-tax road prices published each July — a reference for the trend in land collateral value.

How We Checked This Property

Rather than repeating the listing's figures, we checked them against the 2026 road-price map, the listing photographs and national elevation data.

Locating the road price

We traced the residential streets of Ogandaira 5-chome on the 2026 road-price map (sheet 09007) and took the modal 120,000 yen/sqm as representative. The 110,000 yen/sqm quoted in the listing is the 2025 figure, revised to 120,000 for 2026. Across three years: 100,000 (2024), 110,000 (2025), 120,000 (2026) — a 20.0% rise in two years. The leasehold-ratio symbol is D.

View source
Locating the road price

Ogandaira 5-chome spans three road-price sheets (09003, 09007, 09008) whose bands differ widely: 88-92, 120 and 105-110 thousand yen/sqm. Because the choice changes the conclusion, we located the site using the ratio of the quoted walking times. Kogane-joshi 7 min : Hiregasaki 13 min = 1.86 matches the 409 m : 779 m = 1.90 straight-line ratio from the 09007 block. From the 09003 side the ratio would be 667 m : 661 m = 0.99, which cannot produce a two-fold difference.

Effective land area

Beyond the 69.64 sqm of land there is a 12.08 sqm private-road burden. Kenbiya's own glossary defines land area as excluding private roads, with any private-road burden stated separately, so we read 69.64 sqm as already net of it and made no deduction. As a cross-check, 69.64 sqm yields 47.5% building coverage and 83.0% floor area ratio, both inside the 50%/100% limits; deducting the 12.08 sqm would give 57.4% and 100.5%, breaching both.

On-site check from photos

The listing carries only two images: one exterior shot and one floor plan. The exterior shows the southeast public road, the plot and the entrance floor forming one continuous flat concrete surface with only a few centimetres of step. There is no retaining wall, no slope and no stepped approach. The block wall at the left edge has equal ground levels on both sides and retains no soil; the low brick course by the entrance is a planter.

On-site check from photos

Because the photographs do not cover the whole perimeter, we sampled 25 points around the block from the Geospatial Information Authority's 5 m elevation mesh. Elevations run 3.3-6.4 m, essentially flat. The rise onto the terrace (10-18 m) sits about 100 m east on the Nakakanasugi side, outside this block.

Building valuation assumptions

The wooden two-storey building dates from January 1973, making it 53 years old. That exceeds the 22-year statutory life for timber, so we carry the building at zero. The listing says it was renovated in 2024, but the scope of that work is not stated.

What We Could Not Confirm

  • The listing has only an exterior photo and a floor plan, so the northwest private-road side, the rear of the building and the boundaries with neighbouring plots could not be checked from images.
  • The property is tenanted and sold as an owner-change. The lease term, the history of rent revisions and the treatment of the deposit are not stated and need confirming with the seller.
  • No interior photographs are published, so the extent of the 2024 renovation could not be verified.
  • For the 12.08 sqm private road the listing states only that it is freehold; the share held and whether passage and excavation consents exist are not stated.
  • The nearest station, Kogane-joshi, is on the Ryutetsu Nagareyama Line. Reaching the JR Joban Line means walking 19 minutes to Kita-Kogane.

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

FamilyMart Matsudo Ogandaira
8 min walk from the station

A convenience store roughly 100 m in a straight line from the district centroid, useful for daily essentials.

Source
Keihoku Super Koganehara
6 min walk from the station

A supermarket about 390 m in a straight line from the district centroid, close enough for a full grocery run.

Source
Maruetsu Matsudo Kogane
4 min walk from the station

A supermarket about 580 m from the district centroid, toward Kita-Kogane Station.

Source

Neighborhood ② Dining Near the Station

Kacchan
6 min walk from the station

A restaurant about 390 m in a straight line from the district centroid.

Source
Kisoba Azuma Kogane
3 min walk from the station

A soba restaurant about 770 m from the district centroid, nearer Kita-Kogane Station.

Source

About This Property

A rented detached house in Ogandaira 5-chome, Matsudo City, Chiba. The nearest station is Kogane-jōshi on the Ryutetsu Nagareyama Line at 7 minutes on foot; Hiregasaki on the same line is 13 minutes and Kita-Kogane on the JR Joban Line is 19 minutes, putting three stations within walking distance.

The building is a two-storey wooden 3DK with a separate bath and toilet, on 69.64 sqm of land with 57.83 sqm of floor area, built in January 1973. Zoning is Category II low-rise exclusive residential, with a 50% building coverage and 100% floor area ratio; the current 47.5% and 83.0% both sit inside those limits. The site fronts a public road on the southeast and a private road on the northwest. The listing states it was renovated in 2024.

⚠️ The property is tenanted and sold as an owner-change. The listing quotes an annual rent of 1.44 million yen at full occupancy and a 16.01% gross yield, but those figures assume the current rent continues. Viewing the interior normally requires the tenant's consent, and the listing carries only two images. Confirm the lease terms, the transfer of the deposit and the restoration obligations with the seller before contracting.

⚠️ At 53 years old the building exceeds the 22-year statutory life for wooden construction, so we value it at zero. The 92.96% assessed ratio therefore rests entirely on the land, and gives no credit to a renovated building that is currently producing rent.

We used the 2026 inheritance-tax road price of 120,000 yen/sqm. The listing's note of 110,000 yen/sqm is the 2025 figure; it was revised to 120,000 yen/sqm for 2026. Over three years the price moved 100,000 to 110,000 to 120,000 yen/sqm, a 20.0% rise in two years.

Separately from the 69.64 sqm of land there is a 12.08 sqm private-road burden. We treated that 12.08 sqm as sitting outside the 69.64 sqm rather than within it, and did not deduct it; the reasoning is set out below. Had we deducted it the ratio would be 76.8%, so the treatment matters.

The assessed value is 8,356,800 yen for the land and zero for the building, against an asking price of 8.99 million yen — a ratio of 92.96%. The land value alone nearly matches the asking price, which is a thick cushion for a rented house 7 minutes from a station. The 53-year-old timber structure and the tenanted purchase both warrant the separate scrutiny described above.

Estimated Financing

Assessed value ¥8,356,800 → estimated loan ¥8,000,000 (100% 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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