356 SOUTH READING AVENUE
Sheriff sale Berks County Sheriff sale portal · checked Aug 28, 2026
Sale dateOct 9, 2026Case #24-13967PlaintiffUS BANK TRUST COMPANY, NATIONAL ASSOCIATION, AS TRUSTEE, AS SUCCESSOR-IN-INTEREST TO U.S. BANK NATIONAL ASSOCIATION, NOT IN ITS INDIVIDUAL CAPACITY BUT SOLEY AS INDENTURE TRUSTEE, FOR THE HOLDERS OF TDefendantWENDY KAUFF, KNOWN HEIR OF DAVID SHROM, DECEASEDAttorneyFRIEDMAN VARTOLO LLP · 212-471-5100Judgment$73,509Opening bid$1Parcel33538607698997Sourcecounty listing ↗
AVM value$232,000
RealEstateAPI estimate, Aug 21, 2026 — not an appraisal
Judgment$73,509
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)$70,000
model: heavy tier · $55/sqft × 1,272 sqft — no inspection; range $49,000–$98,000
Potential profit$69,931
model — breakdown below
Title position (model): Foreclosing lien appears to be the senior mortgage (Household Finance Consumer Discount Co, 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 | $232,000 |
| Purchase basis (judgment) | county filing — actual price is set by bidding and can exceed this | − $73,509 |
| Rehab (heavy tier) | model: $55/sqft × 1,272 sqft, no inspection | − $70,000 |
| Selling & holding | model: 8% of AVM value | − $18,560 |
| Potential profit | screening estimate — not underwriting | $69,931 |
Valuation RealEstateAPI · Aug 21, 2026
AVM value (estimate)$232,000Est. open loans$112,773Owner equity$183,612Assessed value$70,900County market value$70,900Annual taxes$1,496
Property RealEstateAPI (county assessor data)
TypeSingle Family ResidenceBeds3Baths1Living area1,272 sqftLot2,178 sqftYear built1920ConditionAverage
Ownership RealEstateAPI (deed/assessor records)
OwnerDavid Shrom & Shirley ShromOwner occupiedYesVacantYesDistress 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 | Jul 18, 2005 | Household Finance Consumer Discount Co | $112,773 | Unknown |
Mortgage history RealEstateAPI recorded-mortgage data
| Date | Lender | Amount | Type |
|---|---|---|---|
| Jul 18, 2005 | Household Finance Consumer Discount Co | $112,773 | Unknown |