2550 GRANT STREET
Sheriff sale Berks County Sheriff sale portal · checked Aug 28, 2026
Sale dateSep 11, 2026Case #26-02197PlaintiffPENNYMAC LOAN SERVICES LLCDefendantDAVIS, ELWOODAttorneyMCCABE, WEISBERG & CONWAY, LLC · 2157901010Judgment$200,171Opening bid$2,626Parcel64531608975885Sourcecounty listing ↗
AVM value$253,000
RealEstateAPI estimate, Aug 21, 2026 — not an appraisal
Judgment$200,171
county filing
Opening bid / upset$2,626
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)$54,000
model: medium tier · $35/sqft × 1,544 sqft — no inspection; range $38,000–$76,000
Potential profit$-21,411
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 | $253,000 |
| Purchase basis (judgment) | county filing — actual price is set by bidding and can exceed this | − $200,171 |
| Rehab (medium tier) | model: $35/sqft × 1,544 sqft, no inspection | − $54,000 |
| Selling & holding | model: 8% of AVM value | − $20,240 |
| Potential profit | screening estimate — not underwriting | $-21,411 |
Valuation RealEstateAPI · Aug 21, 2026
AVM value (estimate)$253,000Est. open loans$175,900Owner equity$89,089Assessed value$60,100County market value$60,100Annual taxes$2,074
Property RealEstateAPI (county assessor data)
TypeSingle Family ResidenceBeds3Baths2Living area1,544 sqftLot1,742 sqftYear built1965ConditionAverage
Ownership RealEstateAPI (deed/assessor records)
OwnerElwood Davis & Paulette DavisOwner occupiedYesVacantNoYears owned3.7Last saleDec 2, 2022 · $175,900Distress 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 2, 2022 | Mortgage Research Center Llc | $175,900 | Va |
Mortgage history RealEstateAPI recorded-mortgage data
| Date | Lender | Amount | Type |
|---|---|---|---|
| Dec 2, 2022 | Mortgage Research Center Llc | $175,900 | Va |
| Aug 18, 2025 | Mortgage Electronic Registration Systems Inc As Mortgagee As Nominee For Mortgage Research Center Llc Dba Veterans United Home Loans Its Successors And Assigns | $175,900 | — |
| Aug 18, 2025 | Mortgage Electronic Registration Systems Inc As Mortgagee As Nominee For Mortgage Research Center Llc Dba Veterans United Home Loans Its Successors And Assigns | $175,900 | — |
| Jan 15, 2014 | Fulton Bank Na | $30,000 | Credit Line (Revolving) / HELOC |
| Aug 12, 2006 | Wachovia Bank Na | $32,900 | Credit Line (Revolving) / HELOC |
| Jan 31, 2006 | Wachovia Bank Na | $19,000 | Credit Line (Revolving) / HELOC |
Sale history RealEstateAPI deed records
| Date | Amount | Buyer | Seller |
|---|---|---|---|
| Dec 2, 2022 | $175,900 | Elwood Davis, Paulette Davis | Susan Golembiski, Susan Moyer |
| Apr 15, 2011 | $0 | Susan Moyer | Robert J Moyer, Susan Moyer |