1220 MUHLENBERG STREET
Sheriff sale Berks County Sheriff sale portal · checked Aug 28, 2026
Sale dateSep 11, 2026Case #26-00761PlaintiffWILMINGTON SAVINGS FUNDS SOCIETY, FSB, NOT IN ITS INDIVIDUAL CAPACITY BUT SOLELY AS OWNER TRUSTEE OF NYMT LOAN TRUST 2024-INVIDefendantJM DIAMOND ENTERPRISES INVESTMENTS LLCAttorneyFRIEDMAN VARTOLO LLP · 2124715100Judgment$135,356Opening bid$1Parcel10531630187181Sourcecounty listing ↗
AVM value$129,000
RealEstateAPI estimate, Aug 21, 2026 — not an appraisal
Judgment$135,356
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)$46,000
model: heavy tier · $55/sqft × 830 sqft — no inspection; range $32,000–$64,000
Potential profit$-62,676
model — breakdown below
Title position (model): Foreclosing lien appears to be the senior mortgage (Silver Star Estates Ltd, 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 | $129,000 |
| Purchase basis (judgment) | county filing — actual price is set by bidding and can exceed this | − $135,356 |
| Rehab (heavy tier) | model: $55/sqft × 830 sqft, no inspection | − $46,000 |
| Selling & holding | model: 8% of AVM value | − $10,320 |
| Potential profit | screening estimate — not underwriting | $-62,676 |
Valuation RealEstateAPI · Aug 21, 2026
AVM value (estimate)$129,000Est. open loans$78,200Owner equity$46,908Assessed value$19,400County market value$19,400Annual taxes$548
Property RealEstateAPI (county assessor data)
TypeSingle Family ResidenceBeds3Baths1Living area830 sqftLot871 sqftYear built1900ConditionFair
Ownership RealEstateAPI (deed/assessor records)
OwnerJm Diamond Enterprises Investments LlcOwner occupiedNoVacantNoYears owned2.8Last saleOct 31, 2023 · $48,000Distress 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 | Oct 31, 2023 | Silver Star Estates Ltd | $78,200 | Purchase Money Mortgage |
| Second | Jul 19, 2024 | Cv3 Financial Services Llc | $8,250 | Open End Mortgage / Open End With Future Advance Clause |
Mortgage history RealEstateAPI recorded-mortgage data
| Date | Lender | Amount | Type |
|---|---|---|---|
| Jul 19, 2024 | Cv3 Financial Services Llc | $8,250 | Open End Mortgage / Open End With Future Advance Clause |
| Oct 31, 2023 | Silver Star Estates Ltd | $78,200 | Purchase Money Mortgage |
| Dec 16, 2024 | Not Provided | $110,250 | — |
Sale history RealEstateAPI deed records
| Date | Amount | Buyer | Seller |
|---|---|---|---|
| Oct 31, 2023 | $48,000 | Jm Diamond Enterprises Investments Llc | M&T Real Estate Llc |
| Oct 17, 2018 | $18,333 | M&T Real Estate Llc | Barry C Arndt |
| Jan 27, 2012 | $15,000 | Barry C Arndt | Philip B Raifsnider Iii, Pamela A Raifsnider |