4 LONG LANE
Sheriff sale Berks County Sheriff sale portal · checked Oct 27, 2026
Sale dateJan 8, 2027Case #2025-17041PlaintiffU.S. BANK TRUST NATIONAL ASSOCIATION NOT IN ITS INDIVIDUAL CAPACITY BUT SOLELY AS OWNER TRUSTEE FOR RCF 2 ACQUISTION TRUSTDefendantCATHIE J. PETERS N/K/A CATHIE STRAUSEAttorneyRAS CITRON, LLCJudgment$61,016Opening bid$888Parcel48436701097375Sourcecounty listing ↗
AVM value$123,000
RealEstateAPI estimate, Oct 8, 2026 — not an appraisal
Judgment$61,016
county filing
Opening bid / upset$888
Bid4Assets (cost-only starting bid) — costs-only start; plaintiff can credit-bid to judgment
Title position1st? Likely senior · low confidence
model from REAPI mortgage records — not a title search
Rehab (modeled)$42,000
model: medium tier · $35/sqft × 1,200 sqft — no inspection; range $29,000–$59,000
Potential profit$10,144
model — breakdown below
Title position (model): No open mortgages in REAPI records — the foreclosing judgment appears to be the senior encumbrance (unrecorded/missing liens possible).
Confidence basis: based on ABSENCE of mortgage records, not a positive match — records can be incomplete.
Inputs: the open-mortgage records shown below.
How the profit estimate is computed methodology
| Line | Source | Amount |
|---|---|---|
| AVM value | RealEstateAPI, fetched Oct 8, 2026 | $123,000 |
| Purchase basis (judgment) | county filing — actual price is set by bidding and can exceed this | − $61,016 |
| Rehab (medium tier) | model: $35/sqft × 1,200 sqft, no inspection | − $42,000 |
| Selling & holding | model: 8% of AVM value | − $9,840 |
| Potential profit | screening estimate — not underwriting | $10,144 |
Valuation RealEstateAPI · Oct 8, 2026
AVM value (estimate)$123,000Est. open loans$0Owner equity$123,000Assessed value$91,800County market value$91,800Annual taxes$988
Property RealEstateAPI (county assessor data)
TypeManufactured, Modular, Pre-Fabricated HomesBeds3Baths1Living area1,200 sqftLot92,783 sqftYear built1980ConditionAverage
Ownership RealEstateAPI (deed/assessor records)
OwnerCathie Strause & Michael PetersOwner occupiedYesVacantNoDistress flagsNone reported
Flags come from RealEstateAPI's nationwide database and can miss county-level (Prothonotary) filings — treat "none" as "none reported", not clear title.
Mortgage history RealEstateAPI recorded-mortgage data
| Date | Lender | Amount | Type |
|---|---|---|---|
| Jul 31, 2025 | Mortgage Electronic Registration Systems Inc As Mortgagee As Nominee For Gmac Mortgage Corporation Its Successors And Assigns | $79,200 | — |
| Dec 6, 2019 | Mers, Inc., As Nominee For Gmac Mortgage Corporation, It's Successors And Assigns | $79,200 | — |
| Sep 24, 2018 | Mers, Inc. As Nominee For Gmac Mortgage Corporation Its Successors And Assigns | $79,200 | — |
| Feb 17, 2006 | Pennsylvania Housing Finance Agency | $4,500 | Open End Mortgage / Open End with Future Advance Clause |