1417 PONDS EDGE RD
Sheriff sale Chester County sheriff sales on Bid4Assets · checked Aug 28, 2026
Sale dateSep 17, 2026Case #26-9-147 / 2025-11800-SSHPlaintiffATLX 2024-RPL1 TRUSTDefendantWHEELER, ADAM D. et alAttorneyKELLY, STEVENJudgment$350,939Sourcecounty listing ↗
AVM value$761,000
RealEstateAPI estimate, Aug 21, 2026 — not an appraisal
Judgment$350,939
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)$133,000
model: heavy tier · $55/sqft × 2,414 sqft — no inspection; range $93,000–$186,000
Potential profit$216,181
model — breakdown below
Title position (model): Foreclosing lien appears to be the senior mortgage (Countrywide Home Loans Inc, 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 | $761,000 |
| Purchase basis (judgment) | county filing — actual price is set by bidding and can exceed this | − $350,939 |
| Rehab (heavy tier) | model: $55/sqft × 2,414 sqft, no inspection | − $133,000 |
| Selling & holding | model: 8% of AVM value | − $60,880 |
| Potential profit | screening estimate — not underwriting | $216,181 |
Valuation RealEstateAPI · Aug 21, 2026
AVM value (estimate)$761,000Est. open loans$255,900Owner equity$683,873Assessed value$202,610County market value$202,610Annual taxes$6,578
Property RealEstateAPI (county assessor data)
TypeSingle Family ResidenceBeds4Baths3Living area2,414 sqftLot43,560 sqftYear built1967
Ownership RealEstateAPI (deed/assessor records)
OwnerAdam Wheeler & Susan WheelerOwner occupiedYesVacantNoYears owned24.1Last saleJul 1, 2002 · $319,900Distress 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 1, 2002 | Countrywide Home Loans Inc | $255,900 | — |
Mortgage history RealEstateAPI recorded-mortgage data
| Date | Lender | Amount | Type |
|---|---|---|---|
| Jul 1, 2002 | Countrywide Home Loans Inc | $255,900 | — |
| Sep 18, 2025 | Mortgage Electronic Registration Systems Inc (Mers) As Nominee For Countrywide Home Loans Inc Its Successors And Assigns | $302,600 | — |
| Jul 6, 2020 | Not Provided | $302,600 | — |
Sale history RealEstateAPI deed records
| Date | Amount | Buyer | Seller |
|---|---|---|---|
| Jul 1, 2002 | $319,900 | Adam D Wheeler, Susan C Wheeler | Benjamin Stone, Pamela A Margalis Stone |
| Jul 31, 1998 | $250,000 | Benjamin Stone, Pamela A Margulis Stone | Jessie E Engan |