1008 COTTON STREET
Sheriff sale Berks County Sheriff sale portal · checked Aug 28, 2026
Sale dateSep 11, 2026Case #25-14451PlaintiffUS BANK TRUST NATIONAL ASSOCIATION, NOT IN ITS INDIVIDUAL CAPACITY BUTSOLELY AS OWNER TRUSTEE FOR VRMTG ASSET TRUSTDefendantPABLO VASQUEZ, AS ADMINISTRATOR OF THE ESTATE OF GLORIA SHEAFERMANDS A/K/A GLORIA SHEAPERMANDS, DECEASEDAttorneyHLADIK ONORATO AND FEDERMAN, LLP · 2158559521Judgment$26,184Opening bid$1Parcel10531629076748Sourcecounty listing ↗
AVM value$120,000
RealEstateAPI estimate, Aug 21, 2026 — not an appraisal
Judgment$26,184
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)$63,000
model: heavy tier · $55/sqft × 1,144 sqft — no inspection; range $44,000–$88,000
Potential profit$21,216
model — breakdown below
Title position (model): Foreclosing lien appears to be the senior mortgage (State Farm Bank Fsb, 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. Inputs: the open-mortgage records shown below.
How the profit estimate is computed methodology
| Line | Source | Amount |
|---|---|---|
| AVM value | RealEstateAPI, fetched Aug 21, 2026 | $120,000 |
| Purchase basis (judgment) | county filing — actual price is set by bidding and can exceed this | − $26,184 |
| Rehab (heavy tier) | model: $55/sqft × 1,144 sqft, no inspection | − $63,000 |
| Selling & holding | model: 8% of AVM value | − $9,600 |
| Potential profit | screening estimate — not underwriting | $21,216 |
Valuation RealEstateAPI · Aug 21, 2026
AVM value (estimate)$120,000Est. open loans$35,000Owner equity$102,721Assessed value$27,200County market value$27,200Annual taxes$768
Property RealEstateAPI (county assessor data)
TypeSingle Family ResidenceBeds2Baths1Living area1,144 sqftLot871 sqftYear built1890ConditionAverage
Ownership RealEstateAPI (deed/assessor records)
OwnerJose Alvarado & Gloria SheafermandsOwner occupiedYesVacantNoYears owned19.4Last saleMar 2, 2007 · $35,000Distress flagspreForeclosure
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 | Mar 2, 2007 | State Farm Bank Fsb | $35,000 | Conventional |
Mortgage history RealEstateAPI recorded-mortgage data
| Date | Lender | Amount | Type |
|---|---|---|---|
| Mar 2, 2007 | State Farm Bank Fsb | $35,000 | Conventional |
| Jul 21, 2022 | Mortgage Electronic Registration Systems Inc As Mortgagee As Nominee For State Farm Bank Fsb Its Successors And Assigns | $35,000 | — |
Sale history RealEstateAPI deed records
| Date | Amount | Buyer | Seller |
|---|---|---|---|
| Mar 2, 2007 | $35,000 | Jose Alvarado, Gloria Sheafermands | Gary Sweigert, Donna Sweigert |
| Jul 6, 2006 | $20,000 | Gary Sweigert, Donna Sweigert | Centex Home Equity Corporation, Centex Home Equity Company Llc |
| Mar 24, 2006 | $1,800 | Centex Home Equity Corporation, Centex Home Equity Company Llc | Carlos Gonzalez, Carlos Rafel Gonzalez |