529 SOUTH 16 1/2 STREET
Sheriff sale Berks County Sheriff sale portal · checked Oct 27, 2026
Sale dateDec 11, 2026Case #2025-02577PlaintiffMIDFIRST BANKDefendantFLORES, ELIAS R.AttorneyMANLEY DEAS KOCHALSKI LLC · 614-220-5611Judgment$34,719Opening bid$1Parcel16531632472502Sourcecounty listing ↗
AVM value$143,000
RealEstateAPI estimate, Sep 30, 2026 — not an appraisal
Judgment$34,719
county filing
Opening bid / upset$1
Bid4Assets (cost-only starting bid) — costs-only start; plaintiff can credit-bid to judgment
Title positionJR Junior lien · high confidence
model from REAPI mortgage records — not a title search · ~$100,000 senior debt may survive
Rehab (modeled)$50,000
model: heavy tier · $55/sqft × 900 sqft — no inspection; range $35,000–$70,000
Potential profit$-53,159
model — breakdown below
Title position (model): Foreclosing lien appears junior (Citizens Bank Na) (plaintiff also holds a small subordinate loan, likely an FHA partial claim; judgment aligns with the senior loan); ~$100,000 of senior mortgage debt (original amounts) likely survives the sale.
Confidence basis: plaintiff name matches a junior-position mortgage with senior debt recorded ahead of it.
Inputs: the open-mortgage records shown below.
How the profit estimate is computed methodology
| Line | Source | Amount |
|---|---|---|
| AVM value | RealEstateAPI, fetched Sep 30, 2026 | $143,000 |
| Purchase basis (judgment) | county filing — actual price is set by bidding and can exceed this | − $34,719 |
| Rehab (heavy tier) | model: $55/sqft × 900 sqft, no inspection | − $50,000 |
| Selling & holding | model: 8% of AVM value | − $11,440 |
| Senior debt that may survive | title model (original amounts, not payoffs) | − $100,000 |
| Potential profit | screening estimate — not underwriting | $-53,159 |
Valuation RealEstateAPI · Sep 30, 2026
AVM value (estimate)$143,000Est. open loans$100,000Owner equity$31,381Assessed value$34,700County market value$34,700Annual taxes$980
Property RealEstateAPI (county assessor data)
TypeSingle Family ResidenceBeds3Baths1Living area900 sqftLot1,742 sqftYear built1900ConditionFair
Ownership RealEstateAPI (deed/assessor records)
OwnerElias FloresOwner occupiedYesVacantNoYears owned13.7Last saleJan 25, 2013 · $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 16, 2018 | Lexington National Insurance Corporation | $100,000 | Unknown |
| Second | Jul 29, 2022 | Citizens Bank Na | $25,000 | Credit Line (Revolving) / Heloc |
| Third | Jan 23, 2024 | Midfirst Bank | $6,140 | Fha |
Mortgage history RealEstateAPI recorded-mortgage data
| Date | Lender | Amount | Type |
|---|---|---|---|
| Jan 23, 2024 | Midfirst Bank | $6,140 | Fha |
| Jul 29, 2022 | Citizens Bank Na | $25,000 | Credit Line (Revolving) / Heloc |
| Apr 16, 2018 | Lexington National Insurance Corporation | $100,000 | Unknown |
Sale history RealEstateAPI deed records
| Date | Amount | Buyer | Seller |
|---|---|---|---|
| Jan 25, 2013 | $0 | Elias Flores | Angelica Hores |
| Jul 19, 2012 | $0 | Angelica Flores | Elias Flores |
| Mar 25, 2002 | $40,000 | Elias R Flores | Viktor A Gortman, Elena A Gortman |