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[Assessed 93.2%] Detached house in Kawagoe City, Saitama — 17 min from Shingashi Sta.
Assessed 93.2%Detached houseKawagoe City, SaitamaShingashi Sta. 17 min walk

[Assessed 93.2%] Detached house in Kawagoe City, Saitama — 17 min from Shingashi Sta.

Published: Sep 10, 2026Updated: Sep 10, 2026

Property Overview

LocationKawagoe City, Saitama
Nearest StationTobu Tojo Line Shingashi Sta.
Walk17 min walk
Assessed Ratio93.2%Assessed 93.2%
Price¥18,480,000
TypeDetached house
StructureWooden
BuiltBuilt Jan 1985 (41 years old)
Land Area123.08㎡
Building Area94.36㎡

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¥18,480,000View listing

Assessed Value Breakdown

Land assessed value¥17,231,200
Building assessed value¥0
Total assessed value¥17,231,200
Asking price¥18,480,000
Assessed ratio93.2%

Calculation basis

  • Land = road price ¥140,000/m² × land area 123.08m²
  • Building = replacement cost ¥220,000/m² × floor area 94.36m² × remaining life 0y ÷ statutory life 22y
  • Built Jan 1985 (41 years old)

Official Road Price Trend (last 3 years)

Cumulative change 2024 → 2026: +7.7%
YearRoad price (JPY/m²)YoY
2024130,000
2025135,000+3.8%
2026140,000+3.7%

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

How We Checked This Property

We noticed that the valuation index lists the chome and the oaza on separate rows, reselected the sheet accordingly, and fixed the position from five block coordinates before choosing a representative value. We opened two photographs including the frontage road and two exteriors, confirmed by hash comparison that the exterior is this property, and checked the steps and retaining heights.

Locating the road price

Searching the valuation index for "Sunashinden" returns the Oaza Sunashinden row (26116/26127/26137/26138/26147/26156), but Sunashinden 1-chome is a separate row: 26115/26116/26126/26127/26136. Rendering 26137 showed only Sunashinden 2-4 chome and the oaza, while 26127 caught just block 5 of 1-chome at its left edge. Blocks 4 to 14 appear together on 26126, and that is the sheet we read.

View source
Locating the road price

Matching the map coordinates in the listing HTML (latitude 35.89273, longitude 139.48794) against five block coordinates for Sunashinden 1-chome from the Geospatial Information Authority address API (blocks 10, 12, 5, 15 and 20) put the site about 49 m from block 10, within blocks 10 to 8. Enlarging that part of sheet 26126 to 260 dpi, the local streets in 1-chome are dominated by 140D (nine observations of 140D, six of 145D, one of 155D), and every street bounding blocks 10 and 8 is 140D. Our earlier measurement of 140,000 yen per sqm at Sunashinden 1-12-16, about 110 m to the south-west, sits in the same band.

Locating the road price

Taking the next step down, 135,000 yen per sqm, still gives 89.9 per cent. The ratio only falls below 80 per cent at 120,000 yen per sqm, and no 120D street exists in Sunashinden 1-chome. Kishimachi 3-chome and Nakadai-Motomachi to the west carry bands of 110D-135D and 83D-100D, but those are different chome and we did not use them. We traced the same street across three years: 130D in 2024, 135D in 2025, 140D in 2026, consistent with the parallel 145D line moving 135D-140D-145D.

On-site check from photos

We opened two site photographs including the frontage road and two exterior shots, confirming by hash comparison that the exterior is this property. The 4 m road to the north is flat asphalt at a crossroads with a stop marking, and the road surface sits at much the same level as the plot. The car space is a concrete apron flush with the road, with no step, and a car is driven straight onto it. There are two or three steps up to the entrance, a rise of about 0.4 m. A two-course block wall (about 0.4 m) runs along the south-east boundary, but the ground is level on both sides so it is not acting as a retaining structure. We found no retaining wall, slope or sloping ground of 1 m or more anywhere around the plot, and it is not a flag lot.

Building valuation assumptions

Built in January 1985 in timber, the house is 41 years old, 19 years past the 22-year statutory life. Our valuation treats the building as nil, so the whole of the 93.2 per cent is land. With 94.36 sqm of floor area carrying no value at all in the calculation, how habitable the house actually is, and how much work it needs, changes the reading of this price considerably.

Effective land area

The listing records no private-road burden, and the 4 m road to the north qualifies as an Article 42-1 road, so no setback arises (the listing mentions none either). There is no flag-lot pole and no sloping portion. We therefore made no deduction and used the registered area of 123.08 sqm as the effective land area.

What We Could Not Confirm

  • The listing records nothing about renovation history, repair history or seismic assessment for a 41-year-old house. It falls within the period covered by the post-June 1981 seismic standard, but the actual condition needs checking on site.
  • Under other restrictions the listing notes "regulated under the Landscape Act". Notification requirements or standards may apply to rebuilding or changes to the exterior, and the detail needs checking against Kawagoe City's landscape plan.
  • Handover timing is given as "negotiable", and the listing does not say whether the house is occupied or vacant.
  • No rent or yield is published, so anyone treating this as an income property would need to establish an expected rent separately.
  • Both land and building areas are registered areas, so they may differ from a survey. The listing also says nothing about whether boundaries are demarcated.

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
4 min walk from the station

A convenience store about 270 m from the property.

Source
Inageya
8 min walk from the station

A grocery supermarket about 600 m from the property.

Source
Tobu Store Shingashi
10 min walk from the station

A grocery supermarket about 790 m from the property, near Shingashi Station.

Source

Neighborhood ② Dining Near the Station

Asakuma
6 min walk from the station

A steak restaurant about 470 m from the property.

Source
Marugen Ramen Kawagoe Kishimachi
9 min walk from the station

A ramen restaurant about 650 m from the property.

Source

About This Property

A detached house in Sunashinden 1-chome, Kawagoe City, a 17-minute walk from Shingashi Station on the Tobu Tojo Line. Built in January 1985, the two-storey timber house is 41 years old, with 123.08 sqm of land (about 37.2 tsubo) and 94.36 sqm of floor area as a 3LDK. Kawagoe Station on the JR Kawagoe Line is also 26 minutes on foot, giving a choice of two lines. The Category I mid-to-high-rise exclusive residential zone allows 60 per cent site coverage and 200 per cent floor area ratio; there is no private-road burden and the 4 m frontage road lies to the north. Against the 18.48 million yen asking price the assessed value comes to 93.2 per cent - all of it land. At 41 years the house is 19 years past the 22-year statutory life for timber construction, so our valuation treats the building as nil. Put another way, land alone accounts for 93 per cent of the price while 94.36 sqm of house carries no value in the calculation at all. How much of that house is actually usable therefore shapes how this property should be read. It offers a 17-tatami first-floor living room, a Japanese-style room, two toilets and parking for two cars, with Takashina-Kita Elementary School 240 m away and Takashina Daisan Nursery 89 m away.

Estimated Financing

Assessed value ¥17,231,200 → estimated loan ¥17,230,000 (93% 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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[Assessed 93.2%] Detached house in Kawagoe City, Saitama — 17 min from Shingashi Sta.|積算100