[Assessed 123%] Detached house in Kanagawa Ward, Yokohama, Kanagawa — 11 min from Kamihoshikawa Sta.

A pre-owned detached house in Hazawaminami 1-chome, Kanagawa Ward, Yokohama, an 11-minute walk from Kamihoshikawa Station on the Sotetsu Main Line and a 16-minute walk from Hazawa-yokohama-kokudai Station on the Sotetsu Shin-Yokohama Line. The area is a Category 1 low-rise residential zone. Measured in a straight line from the centroid of Hazawaminami 1-chome, Lawson Yokohama National University is about 280 m away, and the Lopia Yokohama Hazawa supermarket and a Create SD drugstore are each about 450 m away (OpenStreetMap; these are distances from the town-block centroid, not from the property).

The building is a two-story wooden 3LDK built in July 1983, with 67.15 m² of floor area on 74.21 m² of freehold land (registered area). There is one parking space (vehicle size limits apply). The owner currently lives in the house and the handover date is negotiable. Utilities are a septic tank, public water and propane gas. ⚠️ The site fronts a 3.7 m-wide private road on the west with 6.8 m of frontage. Because the road is narrower than 4 m, the site may have to be set back to 2 m from the road centerline when rebuilt, even though the listing's setback field shows "-". The private road share is 5.71 m² (1/3 co-ownership).

The listing photos show the private road and the site at almost the same level, with no retaining wall or steps. For the assessment we used the FY2026 route price of 200,000 yen/m² (up about 11.1% over three years) on 73.19 m², after deducting about 1.02 m² for a possible setback. The building is 43 years old and beyond the statutory useful life for wooden structures, so it is valued at zero; the land alone gives an assessed-value ratio of about 123.0%. Even if the 5.71 m² private road share is treated as part of the site and deducted, the ratio is about 113.4%. Because the lot number is not disclosed, we used the most common route price among the block's local roads; using the lower band in the southern part of the block (170,000 yen/m²), which the walking times suggest is likely, gives about 104.6%, or about 96.4% with the private road share also deducted.

The building is old and valued at zero, and the land value alone exceeds the asking price. There are points to confirm, however: the front road is a 3.7 m private road, the property appears not to be connected to public sewer or city gas (septic tank and propane), and the seller is a real estate company while the owner still lives in the house. We recommend confirming with the listing agent whether a setback is required, whether consent for passage and excavation on the private road is in place, and the timing and conditions of handover.