5140 OLEY TURNPIKE ROAD
Sheriff sale Berks County Sheriff sale portal · checked Aug 28, 2026
Sale dateSep 11, 2026Case #25-01590PlaintiffPENNSYLVANIA HOUSING FINANCE AGENCYDefendantMOWER III, CHRISTOPHER EAttorneyPURCELL, KRUG & HALLER · 717-234-4178Judgment$160,715Opening bid$2,682Parcel43533703402622Sourcecounty listing ↗
AVM value$396,000
RealEstateAPI estimate, Aug 21, 2026 — not an appraisal
Judgment$160,715
county filing
Opening bid / upset$2,682
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)$44,000
model: medium tier · $35/sqft × 1,258 sqft — no inspection; range $31,000–$62,000
Potential profit$159,605
model — breakdown below
Title position (model): Foreclosing lien appears to be the senior mortgage (Mortgage America Inc, recorded First) (plaintiff also holds a small subordinate loan, likely an FHA partial claim; judgment aligns with the senior loan). 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 | $396,000 |
| Purchase basis (judgment) | county filing — actual price is set by bidding and can exceed this | − $160,715 |
| Rehab (medium tier) | model: $35/sqft × 1,258 sqft, no inspection | − $44,000 |
| Selling & holding | model: 8% of AVM value | − $31,680 |
| Potential profit | screening estimate — not underwriting | $159,605 |
Valuation RealEstateAPI · Aug 21, 2026
AVM value (estimate)$396,000Est. open loans$185,478Owner equity$230,105Assessed value$107,900County market value$107,900Annual taxes$1,655
Property RealEstateAPI (county assessor data)
TypeSingle Family ResidenceBeds3Baths2Living area1,258 sqftLot80,150 sqftYear built1962ConditionGood
Ownership RealEstateAPI (deed/assessor records)
OwnerChristopher Mower IiiOwner occupiedYesVacantNoYears owned9.8Last saleSep 27, 2016 · $188,900Distress 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 | Sep 27, 2016 | Mortgage America Inc | $185,478 | Fha |
| Second | Jun 20, 2024 | Secretary Of Housing And Urban Developme | $20,158 | Fha |
Mortgage history RealEstateAPI recorded-mortgage data
| Date | Lender | Amount | Type |
|---|---|---|---|
| Jun 20, 2024 | Secretary Of Housing And Urban Developme | $20,158 | Fha |
| Sep 27, 2016 | Mortgage America Inc | $185,478 | Fha |
| May 25, 2023 | Pennsylvania Housing Finance Agency | $17,818 | FHA |
| Sep 27, 2016 | Pennsylvania Housing Finance Agency | $5,693 | Unknown |
| Nov 12, 2010 | New Penn Financial Llc | $172,862 | Conventional |
| Apr 29, 2010 | Diamond Cu | $10,000 | Credit Line (Revolving) / HELOC |
Sale history RealEstateAPI deed records
| Date | Amount | Buyer | Seller |
|---|---|---|---|
| Sep 27, 2016 | $188,900 | Christopher E Mower Iii | Nathan T Lenker, Erin B Lenker |
| Oct 29, 2004 | $192,500 | Nathan T Lenker, Erin B Lenker | Winifred H Mosteller |