203 DEVON DR
Sheriff sale Chester County sheriff sales on Bid4Assets · checked Aug 28, 2026
Sale dateSep 17, 2026Case #26-5-117 / 2025-03382-SSHPlaintiffWELLS FARGO BANK NA (TRUSTEE)DefendantKNOTT, ERIC et alAttorneyWENDT, ROBERT PJudgment$114,814Sourcecounty listing ↗
AVM value$660,000
RealEstateAPI estimate, Aug 21, 2026 — not an appraisal
Judgment$114,814
county filing
Opening bid / upset—
not published yet — most counties post near/on sale day
Title position1st? Likely senior
model from REAPI mortgage records — not a title search
Rehab (modeled)$115,000
model: heavy tier · $55/sqft × 2,098 sqft — no inspection; range $81,000–$161,000
Potential profit$377,386
model — breakdown below
Title position (model): Foreclosing lien appears to be the senior mortgage (Irwin Union Bank & Trust Co, 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 | $660,000 |
| Purchase basis (judgment) | county filing — actual price is set by bidding and can exceed this | − $114,814 |
| Rehab (heavy tier) | model: $55/sqft × 2,098 sqft, no inspection | − $115,000 |
| Selling & holding | model: 8% of AVM value | − $52,800 |
| Potential profit | screening estimate — not underwriting | $377,386 |
Valuation RealEstateAPI · Aug 21, 2026
AVM value (estimate)$660,000Est. open loans$295,200Owner equity$462,435Assessed value$174,810County market value$174,810Annual taxes$6,660
Property RealEstateAPI (county assessor data)
TypeSingle Family ResidenceBeds4Baths3Living area2,098 sqftLot18,955 sqftYear built1970
Ownership RealEstateAPI (deed/assessor records)
OwnerEric Knott & Amy KnottOwner occupiedYesVacantNoYears owned20.7Last saleNov 28, 2005 · $340,500Distress 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 | Mar 4, 2007 | Irwin Union Bank & Trust Co | $105,000 | Stand Alone Second / Subordinate Position |
| Second | Mar 3, 2007 | Franklin American Mortgage Co | $295,200 | Unknown |
Mortgage history RealEstateAPI recorded-mortgage data
| Date | Lender | Amount | Type |
|---|---|---|---|
| Mar 4, 2007 | Irwin Union Bank & Trust Co | $105,000 | Stand Alone Second / Subordinate Position |
| Mar 3, 2007 | Franklin American Mortgage Co | $295,200 | Unknown |
| Nov 23, 2005 | Citadel Fcu | $34,050 | Unknown |
Sale history RealEstateAPI deed records
| Date | Amount | Buyer | Seller |
|---|---|---|---|
| Nov 28, 2005 | $340,500 | Eric Knott, Amy Knott | James E Morris, Shirley C Morris |