121 A READING AVE
Sheriff sale Berks County Sheriff sale portal · checked Aug 28, 2026
Sale dateOct 9, 2026Case #26-04488PlaintiffMIDFIRST BANKDefendantDAVIS, JASON WAttorneyPURCELL, KRUG & HALLER · 717-234-4178Judgment$172,312Opening bid$1Parcel77439507791836Sourcecounty listing ↗
AVM value$236,000
RealEstateAPI estimate, Aug 21, 2026 — not an appraisal
Judgment$172,312
county filing
Opening bid / upset$1
Bid4Assets (cost-only starting bid) — costs-only start; plaintiff can credit-bid to judgment
Title position1st? Likely senior
model from REAPI mortgage records — not a title search
Rehab (modeled)$63,000
model: heavy tier · $55/sqft × 1,148 sqft — no inspection; range $44,000–$88,000
Potential profit$-18,192
model — breakdown below
Title position (model): Foreclosing lien appears to be the senior mortgage (Mortgage Research Center Llc, recorded First) (matched by judgment-to-loan amount only — plaintiff name doesn't match, likely an assignment). Junior liens are typically divested; taxes/municipal claims can still prime. Inputs: the open-mortgage records shown below.
How the profit estimate is computed methodology
| Line | Source | Amount |
|---|---|---|
| AVM value | RealEstateAPI, fetched Aug 21, 2026 | $236,000 |
| Purchase basis (judgment) | county filing — actual price is set by bidding and can exceed this | − $172,312 |
| Rehab (heavy tier) | model: $55/sqft × 1,148 sqft, no inspection | − $63,000 |
| Selling & holding | model: 8% of AVM value | − $18,880 |
| Potential profit | screening estimate — not underwriting | $-18,192 |
Valuation RealEstateAPI · Aug 21, 2026
AVM value (estimate)$236,000Est. open loans$173,000Owner equity$74,791Assessed value$70,600County market value$70,600Annual taxes$1,140
Property RealEstateAPI (county assessor data)
TypeSingle Family ResidenceBeds3Baths2Living area1,148 sqftLot2,178 sqftYear built1920ConditionAverage
Ownership RealEstateAPI (deed/assessor records)
OwnerJoseph CordoraOwner occupiedYesVacantNoYears owned3.6Last saleDec 23, 2022 · $173,000Distress flagsNone reported
Flags come from RealEstateAPI's nationwide database and can miss county-level (Prothonotary) filings — treat "none" as "none reported", not clear title.
Open mortgages RealEstateAPI recorded-mortgage data — original amounts, not payoff balances
| Position | Date | Lender | Original amount | Type |
|---|---|---|---|---|
| First | Dec 23, 2022 | Mortgage Research Center Llc | $173,000 | Va |
Mortgage history RealEstateAPI recorded-mortgage data
| Date | Lender | Amount | Type |
|---|---|---|---|
| Dec 23, 2022 | Mortgage Research Center Llc | $173,000 | Va |
| Nov 25, 2025 | Mortgage Electronic Registration Systems Inc As Mortgagee As Nominee For Mortgage Research Center Llc D/B/A Veterans United Home Loans Its Successors And Assigns | $173,000 | — |
Sale history RealEstateAPI deed records
| Date | Amount | Buyer | Seller |
|---|---|---|---|
| Dec 23, 2022 | $173,000 | Joseph Cordora | Todd F Erb, Estate Of David D Boyer |