16 W 5TH STREET
Sheriff sale Berks County Sheriff sale portal · checked Aug 28, 2026
Sale dateSep 11, 2026Case #25-10950PlaintiffFREEDOM MORTGAGE CORPORATIONDefendantINGRAM, IRENE EAttorneyORLANS ASSOCIATES PC · 484-367-4191Judgment$167,648Opening bid$2,362Parcel33538720910929Sourcecounty listing ↗
AVM value$277,000
RealEstateAPI estimate, Aug 21, 2026 — not an appraisal
Judgment$167,648
county filing
Opening bid / upset$2,362
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)$92,000
model: heavy tier · $55/sqft × 1,668 sqft — no inspection; range $64,000–$129,000
Potential profit$-4,808
model — breakdown below
Title position (model): Foreclosing lien appears to be the senior mortgage (Philadelphia Mortgage Advisors Inc, 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 | $277,000 |
| Purchase basis (judgment) | county filing — actual price is set by bidding and can exceed this | − $167,648 |
| Rehab (heavy tier) | model: $55/sqft × 1,668 sqft, no inspection | − $92,000 |
| Selling & holding | model: 8% of AVM value | − $22,160 |
| Potential profit | screening estimate — not underwriting | $-4,808 |
Valuation RealEstateAPI · Aug 21, 2026
AVM value (estimate)$277,000Est. open loans$181,800Owner equity$98,386Assessed value$70,900County market value$70,900Annual taxes$1,496
Property RealEstateAPI (county assessor data)
TypeSingle Family ResidenceBeds4Baths3Living area1,668 sqftLot1,307 sqftYear built1910ConditionAverage
Ownership RealEstateAPI (deed/assessor records)
OwnerRobert Otoole & Irene IngramOwner occupiedYesVacantNoYears owned5.8Last saleNov 20, 2020 · $180,000Distress 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 | Nov 20, 2020 | Philadelphia Mortgage Advisors Inc | $181,800 | Conventional |
| Second | Nov 2, 2023 | Citizens Bank Na | $18,000 | Credit Line (Revolving) / Heloc |
Mortgage history RealEstateAPI recorded-mortgage data
| Date | Lender | Amount | Type |
|---|---|---|---|
| Nov 2, 2023 | Citizens Bank Na | $18,000 | Credit Line (Revolving) / Heloc |
| Nov 20, 2020 | Philadelphia Mortgage Advisors Inc | $181,800 | Conventional |
| May 7, 2025 | Mortgage Electronic Registration Systems Inc As Mortgagee As Nominee For Philadelphia Mortgage Advisors Inc Its Successors And Assigns | $181,800 | — |
| Nov 28, 2005 | Susquehanna Patriot Bank | $85,000 | Fannie Mae/Freddie Mac (Phased out keying in 2008 because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.) |
Sale history RealEstateAPI deed records
| Date | Amount | Buyer | Seller |
|---|---|---|---|
| Nov 20, 2020 | $180,000 | Robert A Otoole, Ierene E Ingram | David M Kern, Jazmin I Kern |
| May 24, 2019 | $160,000 | David M Kern, Jazmin I Kern | David Cronrath, Marilyn Cronrath |
| Feb 14, 2018 | $56,000 | David Cronrath, Marilyn Cronrath | Branch Banking & Trsut Co |
| Apr 17, 2017 | $2,300 | Branch Banking And Trust Company | Kimberly Giacherio, Kimberly M Giacherio |
| Oct 14, 2002 | $84,000 | Kimberly Giacherio | Elmer V Ruoss Jr, Jackie L Ruoss |