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2505 Foster Avenue

2505 Foster Avenue, Janesville, WI 53545
Property in Janesville
This has been categorized as a industrial property type. The linear feet across the front of the lot is 9,990 ft and the linear feet between the front and back of the lot is 4,460. In total, the area measurement of the land is 445,967 square feet.

Learn more about the property and building on this page. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2505 Foster Avenue sold most recently in Sep 23, 2016 for a total of $14,200,000. Before that, the property was also sold for $5,150,000 in Dec 22, 2006. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $93,004 in taxes each year. 2505 Foster Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $5,371,100. If we break it down further, the land itself was valued at $347,800. Improvements to the property, however, were assessed at a total of $5,023,300. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 445,967
  • Lot Size Depth Feet: 4,460
  • Lot Size Frontage Feet: 9,990
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Industrial
  • Land Acres: 10.238
  • Standard Land Use Code: Manufacturing (light)
  • Legal Description 1: LOT 1 CSM 919268 VOL 9 PGS 181-182 AND LOT 2 CSM 1121941 VOL 14 PGS 410-411 LOC IN NE1/4 NW1/4 SEC 19-3-13 0219100109

Ownership

  • Current Owner : RATH WISC LLC
  • Current Owner 2: SEALAX LLC
  • Previous Owner : AGNL RATHGIBSON LLC
  • Owner Before Previous Owner: RATHGIBSONN INC CORP
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Janesville School District
  • Census Tract: 001202

Zoning

  • Zoning: M1

Geography

  • Account Number: 241 0219100109
  • Parcel: 0219100109
  • Lot: 1,2
  • Municipality: CITY OF JANESVILLE
  • Latitude: 42.7127
  • Longitude: -89.0078

    Address

  • Full Address: 2505 Foster Ave
  • Address - House Number: 2505
  • Address - Street Name: Foster
  • Address - Suffix Type: Ave
  • State: WI
  • City Name: Janesville
  • Carrier Code: C032
  • 4-Digit Zip Code: 0814
  • Zip Code: 53545

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $93,004
  • Tax Rate Code Area: 241

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $9,500,000
  • First Open Lien Mortgage Lender: GOLDMAN SACHS MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Oct 24, 2016
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $9,500,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Oct 24, 2046

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,371,100
  • Assessed Land Value: $347,800
  • Assessed Improvements Value: $5,023,300

    Sales

  • Current Sale Contract Date: Sep 23, 2016
  • Current Sale Recording Date: Oct 24, 2016
  • Current Sale Transaction ID: 1840533869
  • Current Sale Price: $14,200,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2064056
  • Previous Sale Recording Date: Dec 29, 2006
  • Previous Sale Contract Date: Dec 22, 2006
  • Previous Sale Amount: $5,150,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GOLDMAN SACHS MORTGAGE CO
  • First Mortgage Transaction Date: Oct 24, 2016
  • First Mortgage Loan Amount: $9,500,000
  • First Mortgage Loan Type: Commercial

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Janesville



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Frequently Asked Questions

What neighborhood is 2505 Foster Avenue located in?
The 2505 Foster Avenue is a located in the neighborhood of Janesville in Janesville, Janesville.
What is the average sales price for listings in 2505 Foster Avenue?
The average sales price for units in 2505 Foster Avenue is $0 currently.

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