228 WALNUT STREET
Sheriff sale Dauphin County Sheriff portal · checked Oct 27, 2026
Sale dateJan 14, 2027Case #2026-CV-06828 (27)PlaintiffR.R.F. BUILDING, LLCDefendant1422 ROUTE 179 FLORIDA REALTY LLCAttorneyMETTE ATTORNEYS AT LAW · 717-232-5000Judgment$13,799,755Parcel04-011-001Sourcecounty listing ↗
AVM value$4,330,000
RealEstateAPI estimate, Oct 1, 2026 — not an appraisal
Judgment$13,799,755
county filing
Opening bid / upset—
not published yet — most counties post near/on sale day
Title position1st Senior lien · high confidence
model from REAPI mortgage records — not a title search
Rehab (modeled)$6,863,000
model: medium tier · $35/sqft × 196,075 sqft — no inspection; range $4,804,000–$9,608,000
Potential profit$-16,679,155
model — breakdown below
Title position (model): Foreclosing lien appears to be the senior mortgage (Rrf Building Llc, 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 Oct 1, 2026 | $4,330,000 |
| Purchase basis (judgment) | county filing — actual price is set by bidding and can exceed this | − $13,799,755 |
| Rehab (medium tier) | model: $35/sqft × 196,075 sqft, no inspection | − $6,863,000 |
| Selling & holding | model: 8% of AVM value | − $346,400 |
| Potential profit | screening estimate — not underwriting | $-16,679,155 |
Valuation RealEstateAPI · Oct 1, 2026
AVM value (estimate)$4,330,000Est. open loans$10,000,000Owner equity$0Assessed value$4,330,000County market value$4,330,000Annual taxes$216,874
Property RealEstateAPI (county assessor data)
TypeCommercial Office (General)Living area196,075 sqftLot30,928 sqftYear built1968
Ownership RealEstateAPI (deed/assessor records)
OwnerSphinx Global IncorporatedOwner occupiedNoVacantNoYears owned1.1Last saleJul 14, 2025 · $1,000,000Distress 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 | Jul 14, 2025 | Rrf Building Llc | $10,000,000 | Building Or Construction Loan |
Mortgage history RealEstateAPI recorded-mortgage data
| Date | Lender | Amount | Type |
|---|---|---|---|
| Jul 14, 2025 | Rrf Building Llc | $10,000,000 | Building Or Construction Loan |
Sale history RealEstateAPI deed records
| Date | Amount | Buyer | Seller |
|---|---|---|---|
| Jul 14, 2025 | $1,000,000 | Sphinx Global Incorporated | 1422 Route 179 Florida Realty Llc |
| Feb 8, 2023 | $13,130,000 | 1422 Route 179 Florida Realty Llc | R R F Building Llc |
| Jan 27, 2022 | $10,010,000 | Rrf Building Llc | United States Of America |