1103 MOUNT LAUREL AVENUE
Sheriff sale Berks County Sheriff sale portal · checked Aug 28, 2026
Sale dateNov 6, 2026Case #26-00644PlaintiffMORTGAGE ASSETS MANAGEMENT LLCDefendantSHAY, DONALD GAttorneySTERN & EISENBERG PC · 215-572-8111Judgment$136,179Opening bid$1Parcel66531905070993Sourcecounty listing ↗
AVM value$236,000
RealEstateAPI estimate, Aug 21, 2026 — not an appraisal
Judgment$136,179
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)$54,000
model: heavy tier · $55/sqft × 980 sqft — no inspection; range $38,000–$76,000
Potential profit$26,941
model — breakdown below
Title position (model): Foreclosing lien appears to be the senior mortgage (Wells Fargo Bank Na, 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 | $236,000 |
| Purchase basis (judgment) | county filing — actual price is set by bidding and can exceed this | − $136,179 |
| Rehab (heavy tier) | model: $55/sqft × 980 sqft, no inspection | − $54,000 |
| Selling & holding | model: 8% of AVM value | − $18,880 |
| Potential profit | screening estimate — not underwriting | $26,941 |
Valuation RealEstateAPI · Aug 21, 2026
AVM value (estimate)$236,000Est. open loans$153,000Owner equity$160,547Assessed value$53,400County market value$53,400Annual taxes$802
Property RealEstateAPI (county assessor data)
TypeSingle Family ResidenceBeds3Baths1Living area980 sqftLot3,485 sqftYear built1940ConditionAverage
Ownership RealEstateAPI (deed/assessor records)
OwnerDonald ShayOwner occupiedYesVacantNoYears owned24.8Last saleOct 19, 2001 · $0Distress 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 | Apr 17, 2008 | Wells Fargo Bank Na | $153,000 | Reverse Mortgage / Hecm |
Mortgage history RealEstateAPI recorded-mortgage data
| Date | Lender | Amount | Type |
|---|---|---|---|
| Apr 17, 2008 | Wells Fargo Bank Na | $153,000 | Reverse Mortgage / Hecm |
Sale history RealEstateAPI deed records
| Date | Amount | Buyer | Seller |
|---|---|---|---|
| Oct 19, 2001 | $0 | Donald G Shay | John G Kramer |