131 EAST PENN AVENUE
Sheriff sale Berks County Sheriff sale portal · checked Aug 28, 2026
Sale dateOct 9, 2026Case #26-02682PlaintiffMIDFIRST BANKDefendantFISCHER, CHRISTINA AAttorneyPURCELL, KRUG & HALLER · 717-234-4178Judgment$70,642Opening bid$1Parcel74435713049923Sourcecounty listing ↗
AVM value$251,000
RealEstateAPI estimate, Aug 21, 2026 — not an appraisal
Judgment$70,642
county filing
Opening bid / upset$1
Bid4Assets (cost-only starting bid) — costs-only start; plaintiff can credit-bid to judgment
Title position1st? Likely senior
model from REAPI mortgage records — not a title search
Rehab (modeled)$83,000
model: heavy tier · $55/sqft × 1,506 sqft — no inspection; range $58,000–$116,000
Potential profit$77,278
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). Inputs: the open-mortgage records shown below.
How the profit estimate is computed methodology
| Line | Source | Amount |
|---|---|---|
| AVM value | RealEstateAPI, fetched Aug 21, 2026 | $251,000 |
| Purchase basis (judgment) | county filing — actual price is set by bidding and can exceed this | − $70,642 |
| Rehab (heavy tier) | model: $55/sqft × 1,506 sqft, no inspection | − $83,000 |
| Selling & holding | model: 8% of AVM value | − $20,080 |
| Potential profit | screening estimate — not underwriting | $77,278 |
Valuation RealEstateAPI · Aug 21, 2026
AVM value (estimate)$251,000Est. open loans$0Owner equity$251,000Assessed value$71,300County market value$71,300Annual taxes$1,352
Property RealEstateAPI (county assessor data)
TypeSingle Family ResidenceBeds3Baths2Living area1,506 sqftLot6,534 sqftYear built1920ConditionAverage
Ownership RealEstateAPI (deed/assessor records)
OwnerKenneth Fischer & Christina FischerOwner occupiedYesVacantNoYears owned22.9Last saleAug 27, 2003 · $73,900Distress 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 |
|---|---|---|---|
| Sep 9, 2013 | New Century Mortgage Corporation | $50,000 | — |
Sale history RealEstateAPI deed records
| Date | Amount | Buyer | Seller |
|---|---|---|---|
| Aug 27, 2003 | $73,900 | Kenneth W Fischer, Christina A Fischer | Robert S Derr, Cindy L Hollinger Derr |
| Apr 20, 2001 | $69,900 | Robert S Derr, Cindy L Hollinger Derr | Thomas J Algier, Daisy N Algier |