265 MOUNTAIN VIEW ROAD
Sheriff sale Berks County Sheriff sale portal · checked Aug 28, 2026
Sale dateOct 9, 2026Case #26-04653PlaintiffNEWREZ LLCDefendantWILLIAMS, DAVID DAttorneyLEOPOLD & ASSOCIATES, PLLCJudgment$361,100Opening bid$1Parcel39530507694059Sourcecounty listing ↗
AVM value$447,000
RealEstateAPI estimate, Aug 21, 2026 — not an appraisal
Judgment$361,100
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)$96,000
model: medium tier · $35/sqft × 2,756 sqft — no inspection; range $67,000–$134,000
Potential profit$-45,860
model — breakdown below
Title position (model): Foreclosing lien appears to be the senior mortgage (Magnolia Bank, 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 | $447,000 |
| Purchase basis (judgment) | county filing — actual price is set by bidding and can exceed this | − $361,100 |
| Rehab (medium tier) | model: $35/sqft × 2,756 sqft, no inspection | − $96,000 |
| Selling & holding | model: 8% of AVM value | − $35,760 |
| Potential profit | screening estimate — not underwriting | $-45,860 |
Valuation RealEstateAPI · Aug 21, 2026
AVM value (estimate)$447,000Est. open loans$354,000Owner equity$104,075Assessed value$144,500County market value$144,500Annual taxes$2,870
Property RealEstateAPI (county assessor data)
TypeSingle Family ResidenceBeds4Baths3Living area2,756 sqftLot20,473 sqftYear built1970ConditionAverage
Ownership RealEstateAPI (deed/assessor records)
OwnerCatherine Williams & David WilliamsOwner occupiedYesVacantNoYears owned5Last saleAug 16, 2021 · $320,000Distress flagsNone reported
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 8, 2024 | Magnolia Bank | $354,000 | Va |
Mortgage history RealEstateAPI recorded-mortgage data
| Date | Lender | Amount | Type |
|---|---|---|---|
| Nov 8, 2024 | Magnolia Bank | $354,000 | Va |
| Oct 16, 2017 | Penn Savings Bank Fsb | $80,000 | — |
Sale history RealEstateAPI deed records
| Date | Amount | Buyer | Seller |
|---|---|---|---|
| Aug 16, 2021 | $320,000 | David D Williams, Catherine E Williams | Ronald C Noll |