積算100
[Assessed 108.3%] Apartment building in Tokorozawa, Saitama — 10 min from Sayamagaoka Sta.
Assessed 108.3%Apartment buildingTokorozawa, SaitamaSayamagaoka Sta. 10 min walk

[Assessed 108.3%] Apartment building in Tokorozawa, Saitama — 10 min from Sayamagaoka Sta.

Published: Updated:

Property Overview

LocationTokorozawa, Saitama
Nearest StationSeibu Ikebukuro Line Sayamagaoka Sta.
Walk10 min walk
Assessed Ratio108.3%Assessed 108.3%
Price¥47,800,000
TypeApartment building
Expected Yield8.23%
StructureWooden
BuiltBuilt Nov 1986 (39 years old)
Land Area493㎡
Building Area218.12㎡

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¥47,800,000View listing

Assessed Value Breakdown

Land assessed value¥51,765,000
Building assessed value¥0
Total assessed value¥51,765,000
Asking price¥47,800,000
Assessed ratio108.3%

Calculation basis

  • Land = road price ¥105,000/m² × land area 493m²
  • Building = replacement cost ¥220,000/m² × floor area 218.12m² × remaining life 0y ÷ statutory life 22y
  • Built Nov 1986 (39 years old)

Official Road Price Trend (last 3 years)

Cumulative change 2024 → 2026: ±0.0%
YearRoad price (JPY/m²)YoY
2024105,000—
2025105,000±0.0%
2026105,000±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

We checked three sheets of the 2026 route price maps, all seven listing photos and GSI elevation data to confirm which route price band applies and the ground levels around the lot.

Locating the road price

Wakasa 3-chome spans three sheets of the 2026 route price maps (34032, 34045, 34046). Counting the local streets on sheet 34046, where the property sits, 105,000 yen/㎡ appears on about 13 sections, the most frequent value, so we used it. Bands on the adjoining sheets are 97,000–115,000 yen/㎡, and any of them keeps the assessed ratio above 100%. The value has stayed at 105,000 yen/㎡ for three years since 2024.

View source
Effective land area

No private road burden is listed, and the 4.0 m-wide private road in front needs no setback, so the listed land area of 493.00㎡ (registered) is used as is.

Building valuation assumptions

The wooden building was completed in November 1986. At 39 years old it exceeds the 22-year statutory useful life for wooden buildings, so its assessed value is zero. The 108.3% ratio reflects the land only.

On-site check from photos

We reviewed all 7 listing photos (5 exterior, 2 floor plans). The lot is level with the road, with no steps or stairs. The roadside block wall (about 1.2 m) is a screening wall, not a retaining wall, as the garden behind it is at road level. The northeast side, not shown in the photos, was checked with GSI elevation data (1 m mesh); the maximum height difference around the lot is 0.7 m.

What We Could Not Confirm

  • The front road is a 4.0 m-wide private road. The private road burden is shown as "–", and the listing does not state whether there is a share of the road or consent for passage and excavation. The road type (e.g. a designated road) and rights should be confirmed with the agent.
  • The transaction terms say owner-change (with tenants), but the current-status field says "occupied by the owner." Occupancy and per-unit rents are not shown in the listing.
  • The zoning field in the listing is blank.
  • The northeast boundary is not shown in the photos and was checked only with elevation data.

※ 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

Inageya Tokorozawa Sayamagaoka

Supermarket in Wakasa 1-chome, Tokorozawa. 238 m from the property according to the listing (athome).

Source
7-Eleven Tokorozawa Wakasa 4-chome

Convenience store. 282 m from the property according to the listing (athome).

Source
Olympic Tokorozawa Nishi

Discount store. 304 m from the property according to the listing (athome).

Source

Neighborhood ② Dining Near the Station

McDonald's (Wakasa 1-chome, Tokorozawa)

Fast food restaurant. About 110 m in a straight line from the listing coordinates (OpenStreetMap).

Source
Kienro (Wakasa 3-chome, Tokorozawa)

Chinese restaurant. About 250 m in a straight line from the listing coordinates (OpenStreetMap).

Source
Saizeriya (Wakasa 4-chome, Tokorozawa)

Italian family restaurant. About 490 m in a straight line from the listing coordinates (OpenStreetMap).

Source

About This Property

An apartment building in Wakasa 3-chome, Tokorozawa, Saitama, a 10-minute walk from Sayamagaoka Station on the Seibu Ikebukuro Line. A two-story wooden apartment building completed in November 1986 (total floor area 218.12㎡, 6 units) stands on 493.00㎡ of land (registered area, freehold). The building coverage ratio is 60% and the floor area ratio 200%; the zoning field in the listing is blank. Parking is available.

⚠️The lot faces a 4.0 m-wide private road on the southwest side. The listing shows "–" for the private road burden and does not state whether the owner holds a share of the private road or consent for passage and excavation. The road type and rights should be confirmed with the agent. The lot is level with the road, with no steps or stairs, and it is not a flag-shaped lot.

The gross yield is 8.23%, with expected annual rent of about 3.936 million yen. The transaction terms describe an owner-change sale (with tenants), but the current-status field says "occupied by the owner," so the two entries conflict. Occupancy and the rent breakdown are not shown in the listing and should be confirmed with the agent.

The 2026 route price is 105,000 yen/㎡, unchanged for three years since 2024. The building is 39 years old, beyond the 22-year statutory useful life for wooden buildings, so its assessed value is set at zero; the land alone exceeds the 47.8 million yen asking price, giving an assessed ratio of 108.3%. Inageya, 7-Eleven and Olympic are about 300 m away according to the listing.

Estimated Financing

Assessed value ¥51,765,000 → estimated loan ¥47,800,000 (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 apartment buildingsGood 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 apartment buildingsGood 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 apartment buildings
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.

Ask About This PropertyWe offer purchase consultation, brokerage and consulting services.Found an error in this listing? Let us know here

Learn About Assessed Value and Financing

Our blog explains the basics you need to read the numbers on this page.

不動産担保ローンとは?手持ちの不動産で次の物件を買う方法
不動産担保ローン

不動産担保ローンとは?手持ちの不動産で次の物件を買う方法

不動産担保ローンは、持っている不動産を担保にお金を借りるローンです。仕組みや借りられる金額の目安、次の物件購入に使う方法、メリット・デメリットを解説します。

積算評価・担保評価とは?計算方法と調べ方をわかりやすく解説
不動産担保ローン

積算評価・担保評価とは?計算方法と調べ方をわかりやすく解説

積算評価(担保評価)とは、銀行が物件の担保価値を土地と建物から計算する方法です。計算式・再調達価格・法定耐用年数の目安、路線価を使った調べ方、融資が付きやすい物件の特徴を計算例つきで解説します。

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