18 N VILLAGE AVE
Sheriff sale Chester County sheriff sales on Bid4Assets · checked Aug 28, 2026
Sale dateSep 17, 2026Case #26-4-96 / 2025-07115-SSHPlaintiffUS BANK TRUST COMPANY NATIONAL ASSOCIATION TRUSTEEDefendantRAD DIVERSIFIED REIT INCAttorneyKELLY, STEVENJudgment$1,083,662Sourcecounty listing ↗
AVM value$531,850
RealEstateAPI estimate, Aug 21, 2026 — not an appraisal
Judgment$1,083,662
county filing
Opening bid / upset—
not published yet — most counties post near/on sale day
Title position1st? Likely senior
model from REAPI mortgage records — not a title search
Rehab (modeled)$185,000
model: medium tier · $35/sqft × 5,297 sqft — no inspection; range $129,000–$259,000
Potential profit$-779,360
model — breakdown below
Title position (model): Foreclosing lien appears to be the senior mortgage (Velocity Commercial Capital 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 | $531,850 |
| Purchase basis (judgment) | county filing — actual price is set by bidding and can exceed this | − $1,083,662 |
| Rehab (medium tier) | model: $35/sqft × 5,297 sqft, no inspection | − $185,000 |
| Selling & holding | model: 8% of AVM value | − $42,548 |
| Potential profit | screening estimate — not underwriting | $-779,360 |
Valuation RealEstateAPI · Aug 21, 2026
AVM value (estimate)$531,850Est. open loans$997,500Owner equity$0Assessed value$531,850County market value$531,850Annual taxes$20,263
Property RealEstateAPI (county assessor data)
TypeOffice BuildingLiving area5,297 sqftLot130,680 sqftYear built1990
Ownership RealEstateAPI (deed/assessor records)
OwnerRad Diversified Reit IncOwner occupiedNoVacantNoYears owned4.2Last saleApr 21, 2022 · $1,425,000Distress 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 | May 17, 2022 | Velocity Commercial Capital Llc | $997,500 | Commercial |
Mortgage history RealEstateAPI recorded-mortgage data
| Date | Lender | Amount | Type |
|---|---|---|---|
| May 17, 2022 | Velocity Commercial Capital Llc | $997,500 | Commercial |
Sale history RealEstateAPI deed records
| Date | Amount | Buyer | Seller |
|---|---|---|---|
| Apr 21, 2022 | $1,425,000 | Dad Diversified Reit Inc | North Village Llc |
| Nov 6, 2007 | $1,000,000 | North Village Llc | Aqua Pennsylvania Inc, Pennsylvania Suburban Water Co |