506 JOSHUA WAY
Sheriff sale Chester County sheriff sales on Bid4Assets · checked Aug 28, 2026
Sale dateOct 15, 2026Case #26-10-161 / 2025-03513-SSHPlaintiffUS BANK TRUST COMPANY NATIONAL ASSOCIATION (S/I/I)DefendantSEARCH, JOHN D. et alAttorneyKELLY, STEVENJudgment$191,211Sourcecounty listing ↗
AVM value$1,366,000
RealEstateAPI estimate, Aug 21, 2026 — not an appraisal
Judgment$191,211
county filing
Opening bid / upset—
not published yet — most counties post near/on sale day
Title positionJR Junior lien
model from REAPI mortgage records — not a title search · ~$1,529,000 senior debt may survive
Rehab (modeled)$354,000
model: heavy tier · $55/sqft × 6,435 sqft — no inspection; range $248,000–$496,000
Potential profit$-817,491
model — breakdown below
Title position (model): Foreclosing lien appears junior (Hometap Equity Partners Llc) (matched by judgment-to-loan amount only — plaintiff name doesn't match, likely an assignment); ~$1,529,000 of senior mortgage debt (original amounts) likely survives the sale. Inputs: the open-mortgage records shown below.
How the profit estimate is computed methodology
| Line | Source | Amount |
|---|---|---|
| AVM value | RealEstateAPI, fetched Aug 21, 2026 | $1,366,000 |
| Purchase basis (judgment) | county filing — actual price is set by bidding and can exceed this | − $191,211 |
| Rehab (heavy tier) | model: $55/sqft × 6,435 sqft, no inspection | − $354,000 |
| Selling & holding | model: 8% of AVM value | − $109,280 |
| Senior debt that may survive | title model (original amounts, not payoffs) | − $1,529,000 |
| Potential profit | screening estimate — not underwriting | $-817,491 |
Valuation RealEstateAPI · Aug 21, 2026
AVM value (estimate)$1,366,000Est. open loans$769,000Owner equity$411,298Assessed value$511,700County market value$511,700Annual taxes$21,069
Property RealEstateAPI (county assessor data)
TypeSingle Family ResidenceBeds4Baths7Living area6,435 sqftLot36,198 sqftYear built2005
Ownership RealEstateAPI (deed/assessor records)
OwnerJohn Search & Sherry Flinn SearchOwner occupiedYesVacantNoYears owned21.5Last saleFeb 4, 2005 · $951,677Distress 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 | Feb 4, 2005 | Trident Mortgage Company Lp | $760,000 | Unknown |
| Second | Feb 1, 2005 | Trident Mortgage Company Lp | $769,000 | Conventional |
| Third | Sep 1, 2022 | Hometap Equity Partners Llc | $350,000 | Purchase Money Mortgage |
Mortgage history RealEstateAPI recorded-mortgage data
| Date | Lender | Amount | Type |
|---|---|---|---|
| Sep 1, 2022 | Hometap Equity Partners Llc | $350,000 | Purchase Money Mortgage |
| Feb 1, 2005 | Trident Mortgage Company Lp | $769,000 | Conventional |
| Feb 4, 2005 | Trident Mortgage Company Lp | $760,000 | Unknown |
| Sep 30, 2024 | Mortgage Electronic Registration Systems Inc Mortgagee As Nominee For Trident Mortgage Company Lp Its Successors And `as Assigns | $760,000 | — |
| Sep 30, 2008 | Pnc Bank Delaware | $75,000 | Credit Line (Revolving) / HELOC |
| Nov 16, 2007 | Citibank Na | $210,300 | Credit Line (Revolving) / HELOC |
Sale history RealEstateAPI deed records
| Date | Amount | Buyer | Seller |
|---|---|---|---|
| Feb 4, 2005 | $951,677 | John D Search, Sherry L Flinn Search | Cpr Land Partners Lp, Cpr Land Associates Inc |