217 N NEW ST
Sheriff sale Chester County sheriff sales on Bid4Assets · checked Oct 27, 2026
Sale dateNov 19, 2026Case #26-4-67 / 2025-06867-SSHPlaintiffVELOCITY COMMERCIAL CAPITAL, LLCDefendantMILLER JR., JOSEPH R.AttorneyFALLINGS, MATTHEWJudgment$177,709Sourcecounty listing ↗
AVM value$578,000
RealEstateAPI estimate, Oct 9, 2026 — not an appraisal
Judgment$177,709
county filing
Opening bid / upset—
not published yet — most counties post near/on sale day
Title position1st? Likely senior · low confidence
model from REAPI mortgage records — not a title search
Rehab (modeled)$84,000
model: heavy tier · $55/sqft × 1,532 sqft — no inspection; range $59,000–$118,000
Potential profit$270,051
model — breakdown below
Title position (model): Foreclosing lien appears to be the senior mortgage (Ans Financial Llc, 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.
Confidence basis: judgment amount aligns with the senior loan, but the plaintiff name doesn't match any lender.
Inputs: the open-mortgage records shown below.
How the profit estimate is computed methodology
| Line | Source | Amount |
|---|---|---|
| AVM value | RealEstateAPI, fetched Oct 9, 2026 | $578,000 |
| Purchase basis (judgment) | county filing — actual price is set by bidding and can exceed this | − $177,709 |
| Rehab (heavy tier) | model: $55/sqft × 1,532 sqft, no inspection | − $84,000 |
| Selling & holding | model: 8% of AVM value | − $46,240 |
| Potential profit | screening estimate — not underwriting | $270,051 |
Valuation RealEstateAPI · Oct 9, 2026
AVM value (estimate)$578,000Est. open loans$151,750Owner equity$431,467Assessed value$88,060County market value$93,980Annual taxes$3,226
Property RealEstateAPI (county assessor data)
TypeDuplex (2 Units, Any Combination)Beds3Baths1Living area1,532 sqftLot1,869 sqftYear built1900
Ownership RealEstateAPI (deed/assessor records)
OwnerJoseph Miller JrOwner occupiedYesVacantNoYears owned6.1Last saleSep 18, 2020 · $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 | Nov 13, 2024 | Ans Financial Llc | $151,750 | Commercial |
Mortgage history RealEstateAPI recorded-mortgage data
| Date | Lender | Amount | Type |
|---|---|---|---|
| Nov 13, 2024 | Ans Financial Llc | $151,750 | Commercial |
| Feb 11, 2014 | Not Provided | $457,500 | — |
| Sep 7, 2010 | World Alliance Financiel, Corp. | $300,000 | — |
Sale history RealEstateAPI deed records
| Date | Amount | Buyer | Seller |
|---|---|---|---|
| Sep 18, 2020 | $0 | Joseph R Miller Jr | Megan M Miller |
| Apr 20, 2016 | $128,500 | Megan M Miller | Nationstar Hecm Acquisition Trust 2015-1, Lres Corporation |
| Jan 11, 2016 | $0 | Wilmington Savings Fund Society Fsb | Mildred F Cornelius, Maurice V Loper Ii |
| Jun 11, 2014 | $0 | Maurice Loper Ii | Maurice Loper Ii, Estate Of Mildred F Cornelius |
| May 18, 2011 | $0 | Mildred F Cornelius | Mildred G Cornelius, Maurice Loper |
| Sep 17, 2010 | $0 | Mildred G Cornelius, Maurice Loper | Mildred G Cornelius, Ann E Aerie |