205 SAGE DRIVE
Sheriff sale Berks County Sheriff sale portal · checked Aug 28, 2026
Sale dateOct 9, 2026Case #26-04587PlaintiffFULTON BANK, N.A.DefendantFARRARA, PHILLIP DAttorneyMCCABE, WEISBERG & CONWAY, LLC · 2157901010Judgment$6,670Opening bid$1Parcel80438517124026Sourcecounty listing ↗
AVM value$416,000
RealEstateAPI estimate, Aug 21, 2026 — not an appraisal
Judgment$6,670
county filing
Opening bid / upset$1
Bid4Assets (cost-only starting bid) — costs-only start; plaintiff can credit-bid to judgment
Title positionJR Junior lien
model from REAPI mortgage records — not a title search · ~$178,400 senior debt may survive
Rehab (modeled)$73,000
model: medium tier · $35/sqft × 2,084 sqft — no inspection; range $51,000–$102,000
Potential profit$124,650
model — breakdown below
Title position (model): Foreclosing lien appears junior (Fulton Bank Na); ~$178,400 of senior mortgage debt (original amounts) likely survives the sale. Inputs: the open-mortgage records shown below.
How the profit estimate is computed methodology
| Line | Source | Amount |
|---|---|---|
| AVM value | RealEstateAPI, fetched Aug 21, 2026 | $416,000 |
| Purchase basis (judgment) | county filing — actual price is set by bidding and can exceed this | − $6,670 |
| Rehab (medium tier) | model: $35/sqft × 2,084 sqft, no inspection | − $73,000 |
| Selling & holding | model: 8% of AVM value | − $33,280 |
| Senior debt that may survive | title model (original amounts, not payoffs) | − $178,400 |
| Potential profit | screening estimate — not underwriting | $124,650 |
Valuation RealEstateAPI · Aug 21, 2026
AVM value (estimate)$416,000Est. open loans$178,400Owner equity$285,925Assessed value$160,600County market value$160,600Annual taxes$2,864
Property RealEstateAPI (county assessor data)
TypeSingle Family ResidenceBeds4Baths3Living area2,084 sqftLot15,682 sqftYear built1987ConditionGood
Ownership RealEstateAPI (deed/assessor records)
OwnerPhillip Farrara & Colleen FarraraOwner occupiedYesVacantNoLast saleAug 25, 1992 · $165,000Distress 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 26, 2012 | Fulton Bank Na | $178,400 | Conventional |
| Second | Dec 26, 2012 | Fulton Bank Na | $11,150 | Credit Line (Revolving) / Heloc |
Mortgage history RealEstateAPI recorded-mortgage data
| Date | Lender | Amount | Type |
|---|---|---|---|
| Dec 26, 2012 | Fulton Bank Na | $178,400 | Conventional |
| Dec 26, 2012 | Fulton Bank Na | $11,150 | Credit Line (Revolving) / Heloc |
| May 23, 2007 | Fulton Bank | $118,600 | Unknown |
Sale history RealEstateAPI deed records
| Date | Amount | Buyer | Seller |
|---|---|---|---|
| Aug 25, 1992 | $165,000 | Paulette R Chatman | Khwaja,Jamil A |