1647 GARFIELD ROAD
Sheriff sale Berks County Sheriff sale portal · checked Aug 28, 2026
Sale dateOct 9, 2026Case #25-18170PlaintiffFIRST BANK SUCCESSOR TO MALVERN BANK NATIONAL ASSOCIATION F/K/A MALVERN FEDERAL SAVINGS BANKDefendantROBERT SIMKO A/K/A ROBERT P. SIMKO, JR.AttorneyKOZLOFF STOUDT · 610-670-2552Judgment$150,933Opening bid$1Parcel36448001189332Sourcecounty listing ↗
AVM value$371,000
RealEstateAPI estimate, Aug 21, 2026 — not an appraisal
Judgment$150,933
county filing
Opening bid / upset$1
Bid4Assets (cost-only starting bid) — costs-only start; plaintiff can credit-bid to judgment
Title position1st Senior lien
model from REAPI mortgage records — not a title search
Rehab (modeled)$41,000
model: medium tier · $35/sqft × 1,164 sqft — no inspection; range $29,000–$57,000
Potential profit$149,387
model — breakdown below
Title position (model): Foreclosing lien appears to be the senior mortgage (Malvern Fsb, recorded First). 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 | $371,000 |
| Purchase basis (judgment) | county filing — actual price is set by bidding and can exceed this | − $150,933 |
| Rehab (medium tier) | model: $35/sqft × 1,164 sqft, no inspection | − $41,000 |
| Selling & holding | model: 8% of AVM value | − $29,680 |
| Potential profit | screening estimate — not underwriting | $149,387 |
Valuation RealEstateAPI · Aug 21, 2026
AVM value (estimate)$371,000Est. open loans$176,000Owner equity$242,654Assessed value$107,400County market value$107,400Annual taxes$1,031
Property RealEstateAPI (county assessor data)
TypeSingle Family ResidenceBeds3Baths2Living area1,164 sqftLot43,996 sqftYear built1998ConditionGood
Ownership RealEstateAPI (deed/assessor records)
OwnerRobert Simko JrOwner occupiedYesVacantNoYears owned17.9Last saleJul 31, 2008 · $0Distress flagspreForeclosure
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 | Jul 31, 2008 | Malvern Fsb | $176,000 | Stand Alone Refi (Refinance Of Original Loan) |
| Second | Sep 3, 2008 | Angelina F Simko Etal | $60,000 | Unknown |
Mortgage history RealEstateAPI recorded-mortgage data
| Date | Lender | Amount | Type |
|---|---|---|---|
| Sep 3, 2008 | Angelina F Simko Etal | $60,000 | Unknown |
| Jul 31, 2008 | Malvern Fsb | $176,000 | Stand Alone Refi (Refinance Of Original Loan) |
| Sep 29, 2008 | Malvern Fsb | $16,000 | Unknown |
| Sep 3, 2008 | Malvern Fsb | $11,000 | Unknown |
Sale history RealEstateAPI deed records
| Date | Amount | Buyer | Seller |
|---|---|---|---|
| Jul 31, 2008 | $0 | Robert Simko | Robert Simko, Michelle Simko |
| Jul 26, 2002 | $151,000 | Robert Simko, Michelle Simko | Adam S Collett, Jennifer A Collett |