320 FAIR STREET
Sheriff sale Berks County Sheriff sale portal · checked Sep 21, 2026
Sale dateDec 11, 2026Case #18-18524PlaintiffNEWTEK SMALL BUSINESS FINANCE, LLCDefendantCARL R BIEBER INC INDIVIDUALLY AND D/B/A BIEBER TOURWAYS/BIEBER TRANSPORTATION/BIEBER TOURSAttorneyTHE CHARTWELL LAW OFFICES, LLPOpening bid$1Parcel55544311773033Sourcecounty listing ↗
AVM value$430,300
RealEstateAPI estimate, Sep 18, 2026 — not an appraisal
Judgment—
county filing
Opening bid / upset$1
Bid4Assets (cost-only starting bid)
Title positionJR Junior lien · high confidence
model from REAPI mortgage records — not a title search · ~$5,534,337 senior debt may survive
Rehab (modeled)$168,000
model: medium tier · $35/sqft × 4,788 sqft — no inspection; range $118,000–$235,000
Potential profit$-5,306,462
model — breakdown below
Title position (model): Foreclosing lien appears junior (Newtek Small Business Finance Inc); ~$5,534,337 of senior mortgage debt (original amounts) likely survives the sale.
Confidence basis: plaintiff name matches a junior-position mortgage with senior debt recorded ahead of it.
Inputs: the open-mortgage records shown below.
How the profit estimate is computed methodology
| Line | Source | Amount |
|---|---|---|
| AVM value | RealEstateAPI, fetched Sep 18, 2026 | $430,300 |
| Purchase basis (opening bid) | Bid4Assets (cost-only starting bid) | − $1 |
| Rehab (medium tier) | model: $35/sqft × 4,788 sqft, no inspection | − $168,000 |
| Selling & holding | model: 8% of AVM value | − $34,424 |
| Senior debt that may survive | title model (original amounts, not payoffs) | − $5,534,337 |
| Potential profit | screening estimate — not underwriting | $-5,306,462 |
Valuation RealEstateAPI · Sep 18, 2026
AVM value (estimate)$430,300Est. open loans$5,534,337Owner equity$0Assessed value$430,300County market value$430,300Annual taxes$6,417
Property RealEstateAPI (county assessor data)
TypeOffice BuildingLiving area4,788 sqftLot37,897 sqftYear built1979
Ownership RealEstateAPI (deed/assessor records)
OwnerBieber Carl R IncOwner occupiedNoVacantNoDistress 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 | Sep 15, 2006 | Sovereign Bank | $5,534,337 | Commercial |
| Second | Dec 31, 2013 | Newtek Small Business Finance Inc | $2,850,000 | Commercial |
| Third | Oct 31, 2017 | Jaindl Land Co | $60,000 | Conventional |
Mortgage history RealEstateAPI recorded-mortgage data
| Date | Lender | Amount | Type |
|---|---|---|---|
| Oct 31, 2017 | Jaindl Land Co | $60,000 | Conventional |
| Dec 31, 2013 | Newtek Small Business Finance Inc | $2,850,000 | Commercial |
| Sep 15, 2006 | Sovereign Bank | $5,534,337 | Commercial |
| Sep 15, 2006 | Sovereign Penn Bank | $1,800,000 | Open End Mortgage / Open End with Future Advance Clause |