654 ROCKWOOD DRIVE
Sheriff sale Lancaster County Sheriff sale listings · checked Aug 28, 2026
Sale dateSep 30, 2026Case #CI-25-09808PlaintiffWELLS FARGO BANK, N.A.DefendantGATES A/K/A IAN MATHEW GATES, IAN M.AttorneyBROCK & SCOTT, PLLC · 844-856-6646Judgment$108,495Parcel460-18750-0-0000Sourcecounty listing ↗
AVM value$260,000
RealEstateAPI estimate, Aug 21, 2026 — not an appraisal
Judgment$108,495
county filing
Opening bid / upset—
not published yet — most counties post near/on sale day
Title position? Unknown
model from REAPI mortgage records — not a title search · ~$148,469 senior debt may survive
Rehab (modeled)$42,000
model: medium tier · $35/sqft × 1,200 sqft — no inspection; range $29,000–$59,000
Potential profit$-59,764
model — breakdown below
Title position (model): Plaintiff doesn't match any open mortgage lender (assignments/trustees are common) — 2 open mortgage(s), ~$148,469 original total. Verify position via title search. Inputs: the open-mortgage records shown below.
How the profit estimate is computed methodology
| Line | Source | Amount |
|---|---|---|
| AVM value | RealEstateAPI, fetched Aug 21, 2026 | $260,000 |
| Purchase basis (judgment) | county filing — actual price is set by bidding and can exceed this | − $108,495 |
| Rehab (medium tier) | model: $35/sqft × 1,200 sqft, no inspection | − $42,000 |
| Selling & holding | model: 8% of AVM value | − $20,800 |
| Senior debt that may survive | title model (original amounts, not payoffs) | − $148,469 |
| Potential profit | screening estimate — not underwriting | $-59,764 |
Valuation RealEstateAPI · Aug 21, 2026
AVM value (estimate)$260,000Est. open loans$148,469Owner equity$85,928Assessed value$140,400County market value$140,400Annual taxes$3,822
Property RealEstateAPI (county assessor data)
TypeTownhouseBeds3Baths2Living area1,200 sqftLot6,970 sqftYear built1996
Ownership RealEstateAPI (deed/assessor records)
OwnerIan Gates & Ian GatesOwner occupiedYesVacantNoYears owned14.1Last saleJul 16, 2012 · $145,500Distress flagsauction, preForeclosure
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 16, 2012 | Gmh Mortgage Services Llc | $148,469 | Conventional |
| Second | Oct 5, 2023 | Psecu | $78,090 | Credit Line (Revolving) / Heloc |
Mortgage history RealEstateAPI recorded-mortgage data
| Date | Lender | Amount | Type |
|---|---|---|---|
| Oct 5, 2023 | Psecu | $78,090 | Credit Line (Revolving) / Heloc |
| Jul 16, 2012 | Gmh Mortgage Services Llc | $148,469 | Conventional |
| Jun 18, 2026 | Mortgage Electronic Registration Systems Inc As Mortgagee As Nominee For Gmh Mortgage Services Llc Its Successors And Assigns | $148,469 | — |
| Jan 19, 2010 | Members 1st Fcu | $142,000 | Unknown |
| Aug 25, 2007 | Members 1st Fcu | $26,000 | Unknown |
| Dec 30, 2006 | Members 1st Fcu | $21,500 | Unknown |
Sale history RealEstateAPI deed records
| Date | Amount | Buyer | Seller |
|---|---|---|---|
| Jul 16, 2012 | $145,500 | Ian M Gates | Monroe W Mumma, Ina F Mumma |
| Apr 25, 2005 | $117,900 | Monroe W Mumma, Ina F Mumma | Randall G Kreider, Alison R Kreider |