805 BELMONT AVENUE
Sheriff sale Berks County Sheriff sale portal · checked Oct 27, 2026
Sale dateDec 11, 2026Case #2026-10465PlaintiffPROVIDENT FUNDING ASSOCIATES, L.P.DefendantUNKNOWN HEIRS, SUCCESSORS, ASSIGNS AND ALL PERSONS, FIRMS OR ASSOCIATIONS CLAIMING RIGHT, TITLE OR INTEREST FROM OR UNDER ROBERT CARL RAIFSNIDER, JR. A/K/A ROBERT C. RAIFSNIDER, DECEASEDAttorneyPOWERS KIRN, LLC · 215-942-2090Judgment$109,549Opening bid$1Parcel57530808982641Sourcecounty listing ↗
AVM value$283,000
RealEstateAPI estimate, Sep 30, 2026 — not an appraisal
Judgment$109,549
county filing
Opening bid / upset$1
Bid4Assets (cost-only starting bid) — costs-only start; plaintiff can credit-bid to judgment
Title position1st Senior lien · high confidence
model from REAPI mortgage records — not a title search
Rehab (modeled)$81,000
model: heavy tier · $55/sqft × 1,480 sqft — no inspection; range $57,000–$113,000
Potential profit$69,811
model — breakdown below
Title position (model): Foreclosing lien appears to be the senior mortgage (Provident Funding Associates Lp, recorded First). Junior liens are typically divested; taxes/municipal claims can still prime.
Confidence basis: plaintiff name matches the recorded first-position mortgage.
Inputs: the open-mortgage records shown below.
How the profit estimate is computed methodology
| Line | Source | Amount |
|---|---|---|
| AVM value | RealEstateAPI, fetched Sep 30, 2026 | $283,000 |
| Purchase basis (judgment) | county filing — actual price is set by bidding and can exceed this | − $109,549 |
| Rehab (heavy tier) | model: $55/sqft × 1,480 sqft, no inspection | − $81,000 |
| Selling & holding | model: 8% of AVM value | − $22,640 |
| Potential profit | screening estimate — not underwriting | $69,811 |
Valuation RealEstateAPI · Sep 30, 2026
AVM value (estimate)$283,000Est. open loans$123,000Owner equity$183,501Assessed value$69,000County market value$69,000Annual taxes$1,126
Property RealEstateAPI (county assessor data)
TypeSingle Family ResidenceBeds3Baths2Living area1,480 sqftLot3,920 sqftYear built1920ConditionAverage
Ownership RealEstateAPI (deed/assessor records)
OwnerRobert RaifsniderOwner occupiedYesVacantNoYears owned9.2Last saleJul 5, 2017 · $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 | Jul 5, 2017 | Provident Funding Associates Lp | $123,000 | Conventional |
Mortgage history RealEstateAPI recorded-mortgage data
| Date | Lender | Amount | Type |
|---|---|---|---|
| Jul 5, 2017 | Provident Funding Associates Lp | $123,000 | Conventional |
| Feb 20, 2007 | Virtualbank | $167,000 | Conventional |
| Jul 14, 2005 | Argent Mortgage Company Llc | $128,250 | Fannie Mae/Freddie Mac (Phased out keying in 2008 because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.) |
Sale history RealEstateAPI deed records
| Date | Amount | Buyer | Seller |
|---|---|---|---|
| Jul 5, 2017 | $0 | Robert C Raifsnider | Robert C Raifsnider, Robert C Raisnider |
| Apr 20, 2001 | $95,000 | Robert C Raifsnider, Robert C Raifsnider Jr | Ronald B Hix, Karen L Hix |