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HomeMy WebLinkAbout08-06-07 (2) ---I 15056051058 REV.1500 EX (06-05) PA Department of Revenue '* Bureau of Individual Taxes . PO BOX 280601 Harrisburg, PA 17128-0601 ENTER DECEDENT INFORMATION BELOW Social Security Number Date of Death OFFICIAL USE ONLY County Code Year INHERITANCE TAX RETURN RESIDENT DECEDENT 21 06 File Number 1065 Date of Birth 201-16-2544 11/16/2006 09/23/1925 Decedent's Last Name Suffix Decedent's First Name L1NSENBACH JR FRANK (If Applicable) Enter Surviving Spouse's Information Below Spouse's Last Name Suffix Spouse's First Name Spouse's Social Security Number THIS RETURN MUST BE FILED IN DUPLICATE WITH THE REGISTER OF WILLS FILL IN APPROPRIATE OVALS BELOW .. 1. Original Return 2. Supplemental Return 3. Remainder Return (date of death prior to 12-13-82) 5. Federal Estate Tax Return Required 4. limited Estate 4a. Future Interest Compromise (date of death after 12-12-82) 7. Decedent Maintained a living Trust (Attach Copy of Trust) 10. Spousal Poverty Credit(date of death 11. Election to tax under Sec. 9113(A) between 12-31-91 and 1-1-95) (Attach Sch. 0) CORRESPONDENT - THIS SECTION MUST BE COMPLETED. ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SHOULD BE DIRECTED TO: Name Daytime Telephone Number 6. Decedent Died Testate (Attach Copy of Will) 9. litigation Proceeds Received 8. Total Number of Safe Deposit Boxes FRANK W L1NSENBACH, III t." Firm Name (If Applicable) (717) 245-043p :=:-:: m;C~~ ..... ...~~ REGISTER OF. VVI~ ~E ON~ r- J iT1 I ~~ en 00 ::>::- ~:d " First line of address 880 CREEK ROAD Second line of address City or Post Office ZIP Code .::0 _" --J )> DATE FILED \..D N ~ State CARLISLE PA 17015 Correspondent's e-mail address: Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct and complete. Declaration of preparer other than the personal representative is based on all information of which preparer has any knowledge. ~IG:~::g~Z~411NGR:~URN_ ___. ____. __ __ _ --___a~~ -~7 ADDRESS 880 CREEK ROAD, CARLISLE, PA 17015 ~-_..__.._~----~_...._--~------~._~,-~- "-'- ._--~--_. ----~_._---- SIGNAT(l;E OF PREPARE~EPRESENTATlVE ADDRESS ()~---_. POBOX 668, CARLISLE, PA 17013 ----~----l-n~~l___ PLEASE USE ORIGINAL FORM ONLY L 15056051058 Side 1 15056051058 ---I MI W MI oJ ..J 15056052059 REV-1500 EX Decedent's Name: FRANK W L1NSENBACH RECAPITULATION 1. Real estate (Schedule A). .... . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 1. 2. Stocks and Bonds (Schedule B) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 2. 3. Closely Held Corporation, Partnership or Sole-Proprietorship (Schedule C) . . . .. 3. 4. Mortgages & Notes Receivable (Schedule D) . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 4. 5. Cash, Bank Deposits & Miscellaneous Personal Property (Schedule E) . . . . . . .. 5. 6. Jointly Owned Property (Schedule F) Separate Billing Requested . . . . . .. 6. 7. Inter-Vivos Transfers & Miscellaneous Non-Probate Property (Schedule G) Separate Billing Requested.. . . . . .. 7. 8. Total Gross Assets (total Lines 1-7). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 8. 9. Funeral Expenses & Administrative Costs (Schedule H). . . . . . . . . . . . . . . . . . . .. 9. 10. Debts of Decedent, Mortgage Liabilities, & Liens (Schedule I). . . . . . . . . . . . . . . . 10. 11. Total Deductions (total Lines 9 & 10). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 11. 12. Net Value of Estate (Line 8 minus Line 11) .............................. 12. 13. Charitable and Governmental Bequests/Sec 9113 Trusts for which an election to tax has not been made (Schedule J) . . . . . . . . . . . . . . . . . . . . . . . . 13. 14. Net Value Subject to Tax (Line 12 minus Line 13) . . . . . . . . . . . . . . . . . . . . . . . . 14. TAX COMPUTATION - SEE INSTRUCTIONS FOR APPLICABLE RATES 15. Amount of Line 14 taxable at the spousal tax rate, or transfers under Sec. 9116 (a)(1.2)X .0_ 16. Amount of Line 14 taxable at lineal rate x.o 45 698,271.00 17. Amount of Line 14 taxable at sibling rate X .12 18. Amount of Line 14 taxable at collateral rate X .15 201-16-2544 Decedent's Social Security Number 542,000.00 167,228.00 686,595.00 9,136.00 1,821.00 10,957.00 698,271.00 698,271.00 19. TAX DUE. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . .. . . . . . . . . . 19. 20. FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT L 15056052059 Side 2 15. 16. 17. 18. 31,422.00 31,422.00 15056052059 --.J REV-1500 EX Page 3 Decedent's Complete Address: 21 1065 DECEDENTS NAME DECEDENT'S SOCIAL SECURITY NUMBER FRANK W L1NSENBACH 201-16-2544 -- -----'-----_._~...,---_..__._---_._- -----._~---_._-- STREET ADDRESS 350 HOY ROAD .__._._"--_.._,._--------_._._--._---_._-_.__._._---~---- .._--------~~_.._- CITY I STATE I ZIP CARLISLE PA 17013 Tax Payments and Credits: 1. Tax Due (Page 2 Line 19) 2. CreditsJPayments A. Spousal Poverty Credit B. Prior Payments C. Discount (1) 31,422.00 29,000.00 1,526.00 Total Credits ( A + B + C ) (2) 3. InterestlPenalty if applicable D. Interest E. Penalty 30,526.00 ----- ~--------- Total Interest/Penalty (D + E) (3) 4. If Line 2 is greater than Line 1 + Line 3, enter the difference. This is the OVERPAYMENT. Fill in oval on Page 2, Line 20 to request a refund. (4) 5. If Line 1 + Line 3 is greater than Line 2, enter the difference. This is the TAX DUE. B. Enter the total of Line S + SA. This is the BALANCE DUE. (5) (5A) (5B) 896.00 A. Enter the interest on the tax due. 896.00 Make Check Payable to: REGISTER OF WILLS, AGENT PLEASE ANSWER THE FOllOWING QUESTIONS BY PLACING AN "X" IN THE APPROPRIATE BLOCKS 1. Did decedent make a transfer and: Yes No a. retain the use or income of the property transferred;.......................................................................................... 0 iii b. retain the right to designate who shall use the property transferred or its income; ............................................ 0 iii c. retain a reversionary interest; or.......................................................................................................................... 0 liJ d. receive the promise for life of either payments, benefits or care? ...................................................................... 0 liJ 2. If death occurred after December 12, 1982, did decedent transfer property within one year of death without receiving adequate consideration? .............................................................................................................. 0 0 3. Did decedent own an "in trust for" or payable upon death bank account or security at his or her death? .............. 0 iii 4. Did decedent own an Individual Retirement Account, annuity, or other non-probate property which contains a beneficiary designation? ........................................................................................................................ 0 iii IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS YES, YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETURN. For dates of death on or after July 1, 1994 and before January 1, 1995, the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is three (3) percent [72 P.S. ~9116 (a) (1.1) (i)]. For dates of death on or after January 1, 1995, the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is zero (0) percent [72 P.S. 39116 (a) (1.1) (ii)]. The statute does not exempt a transfer to a surviving spouse from tax, and the statutory requirements for disclosure of assets and filing a tax return are still applicable even if the surviving spouse is the only beneficiary. For dates of death on or after July 1, 2000: The tax rate imposed on the net value of transfers from a deceased child twenty-one years of age or younger at death to or for the use of a natural parent, an adoptive parent, or a stepparent of the child is zero (0) percent [72 P.S. ~9116(a)(1.2)]. The tax rate imposed on the net value of transfers to or for the use of the decedent's lineal beneficiaries is four and one-half (4.5) percent, except as noted in 72 P.S. S9116(1.2) [72 P.S. ~9116(a)(1)]. The tax rate imposed on the net value of transfers to or for the use of the decedent's siblings is twelve (12) percent [72 P.S. s9116(a)(1.3)]. A sibling is defined, under Section 9102, as an individual who has at least one parent in common with the decedent, whether by blood or adoption. i'lEV-1502 EX + (6-98) COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE A REAL ESTATE ESTATE OF FILE NUMBER FRANK w. LINSENBACH 21 06 1065 All real property owned solely or as a tenant in common must be reported at fair market value. Fair market value is defined as the price at which property would be exchanged between a willing buyer and a willing seller, neither being compelled to buy or sell, both hailing reasonable knowledge of the relevant facts. Real property which is jolntly-owned with right of survivorship must be disclosed on Schedule F. ITEM NUMBER 1. DESCRIPTION VALUE AT DATE OF DEATH 1.5A LOT, N MOUNTAIN RD NEWVILLE,PA 12,000 2 HOUSE + 1 A. 333 NORTH MOUNTAIN RD NEWVILLE, PA 175,000 3 RESIDENCE 350 HOY ROAD CARLISLE, PA 355,000 TOTAL (Also enter on line 1, Recapitulation) $ 542,000 3W46951.000 (If more space is needed, insert additional sheets of the same size) REV-l508 EX + (6-98) COMMONVIJEAL TH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE E CASH, BANK DEPOSITS, & MISC. PERSONAL PROPERTY ESTATE OF FRANK W. LINSENBACH FILE NUMBER 21 06 1065 Include the proceeds of litigation and the date the proceeds were receilll!d by the estate. All property jolntly-owned with the right of survivorship must be disclosed on Schedule F. ITEM NUMBER DESCRIPTION VALUE AT DATE OF DEATH 1 DODGE GRAND CARAVAN 5,555 2 GIFTS IN EXCESS OF $3,000 PER RECIPIENT 36,000 3 HOUSEHOLD GOODS AND TOOLS 22,633 4 JEEP GRAND CHEROKEE 5,765 5 M & T BANK - CHECKING 23,288 6 M & T BANK - SAVINGS 73,987 3W46AD 1.000 TOTAL (Also enter on line 5 Recanitulation\ $ (If more space is needed, insert additional sheets of the same size) 167,228 REV-1511 EX + (12-99) COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF FRANK W. LINSENBACH ITEM NUMBER A. 1. B. FUNERAL EXPENSES: HOLLINGER FUNERAL HOME 1. ADMINISTRATIVE COSTS: Personal Representative's Commissions SCHEDULE H FUNERAL EXPENSES & ADMINISTRATIVE COSTS Debts of decedent must be reported on Schedule I. DESCRIPTION Street Address Social Security Number(s) I EIN Number of Personal Representative(s) Claimant Street Address City Relationship of Claimant to Decedent 4. Probate Fees Name of Personal Representative(s) City Year(s) Commission Paid: 2. Attorney Fees State Zip 3. Family Exemption: (If decedent's address is not the same as claimant's, attach explanation) 3W46AG 1.000 5. Accountant's Fees 6. Tax Return Preparer's Fees 7. 1 PROPERTY MAINTENANCE 2 RE APPRAISALS 3 REAL ESTATE TAXES State Zip Total from continuation schedules . . . . . . . . . FILE NUMBER 21 06 1065 TOTAL (Also enter on line 9, Recapitulation) (If more space is needed, insert additional sheets of the same size) AMOUNT $ 2,467 570 1,500 2,746 900 938 15 9.136 Estate of: FRANK W. LINSENBACH 201-16-2544 Schedule H Part 7 (Page 2) 4 REGISTER OF WILLS- FILING FEE 15 Total (Carry forward to main schedule) 15 .<'lEV-1512 EX + (12-03) COMMONWEALTH OF PENNSYLVANIA INI-ERlTANCE TAX RETURN RESIDENT DECEDENT ESTATE OF FRANK W. LINSENBACH SCHEDULE I DEBTS OF DECEDENT, MORTGAGE LIABILITIES, & LIENS FILE NUMBER 21 06 1065 Report debts incurred by the decedent prior to death which remained unpaid as of the date of death, including unreimbursed medical expenses. ITEM NUMBER 1. DESCRIPTION VALUE AT DATE OF DEATH CHIMNEY SWEEP SYSTEMS 159 2 CRDIT CARD 153 3 MEDICAL EXPENSES 1,259 4 UTILITIES 250 3W46AH 2.000 TOTAL (Also enter on line 10, Recapitulation) $ (If more space is needed. insert additional sheets of the same size) 1,821 REV-1513 EX+ (9-00) SCHEDULE J BENEFICIARIES COMMONVVEAL TH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF FRANK W LINSENBACH FilE NUMBER 21 06 1065 NUMBER I 1 NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY TAXABLE DISTRIBUTIONS [indude outright spousal distributions, and transfers under Sec. 9116 (a) (1.2)] WENDY K. HANSEN 82 LONESOME ROAD NEWVILLE, PA 17241 RELATIONSHIP TO DECEDENT Do Not list Trustee(s) AMOUNT OR SHARE OF ESTATE 50% Residue: 349,136 Daughter 349,136 2 FRANK W. LINSENBACH, III 880 CREEK ROAD CARLISLE, PA 17015 50% Residue: 349,136 Son 349,136 ENTER DOLLAR AMOUNTS FOR DISTRIBUTIONS SHOWN ABOVE ON LINES 15 THROUGH 18, AS APPROPRIATE, ON REV-1500 COVER SHEET II NON-TAXABLE DISTRIBUTIONS: A. SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT BEING MADE B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS TOTAL OF PART II - ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET 3W46AI 1.000 (If more space IS needed, Insert additional sheets of the same sIZe) $ o last )I1ill aub Qf~stamtttl I, FRANK W. LINSENBACH, JR., of Upper Frankford Township, Cumberland County, Pennsylvania, declare this instrument to be my last will and testament, hereby expressly revoking all wills and codicils heretofore made bv me. 1. I direct my executrix to pay all of my debts, funeral I I I \ I i I I herein. at either Dublic or private sale, and to give good and I i ! ! and administrative expenses as soon as may be done conveniently after mv decease. 2. I authorize and empower my executrix to sell any realty owned by me at my death and not specifically devised or bequeathed sufficient deeds therefor, in fee simple, as I could do if living. 3. I devise and bequeath all of my estate of every nature and wherever situate to my wife, Beryl C. Linsenbach, providing she shall survive me by sixty days. 4. Should the gift in Paragraph No.3 not take effect, I devise and bequeath all of my estate of every nature and wherever situate to my two children, share and share alike, the child or children of any deceased child taking the share their parent would have taken if living. 5. I nominate and apnoint Beryl C. Linsenhach to he the executrix of this mv last will and testament; she is to serve as such without bond. Should she die before my death, renounce or refuse to serve for any reason, or die leaving any of my estate unadministered. I nominatp and appoint Frank W. Linsenbach, III and Wendy Kay Hansen, as substitute executors, also to serve as such I, I ! I I without bond, with the same powers as are given herein to my executrix. ' ! I I i services of Irwin, Irwin & Irwin, as attorneys in the settlement of my estate. 6. I hereby suggest that my personal representative retain the IN WITNESS WHEREOF, I have hereunto set my hand and seal this day of April, 1981. .... 0 ~~J l...... ~~ /' ./ "J ''j, ""1 ,--/-r", ^ 'I . J);. /1 i../,.l-::LNJ,\ I j. ot.i~U->'~.....k-?.'<...,.- I ~.:::,r-I FRANK W. LINSENB~7~ JR. ( SEA L ) Signed, sealed, published and declared by Frank W. Linsenbach, Jr., the above named testator, as and for his last will and testament, in the presence of us, who at his request, in his presence and in the presence of each other have subscribed our names as witnesses hereto. ..., I /J --+- , f")?\ ;)~~ I , A . ~J~t!') l:r)(S);\ (;;r~ \ ~.0-<jC:L/-t'?C/ -2- mM&rBank ............................ ...........................,.... ....._................, d. .>~CC01JNtNO/<< .....,................... ................................................. ..."...................,-..-....-............ ..,...-.......,......-.......-................... ..............StATii<MEitttiSlttoo<.<>.. . ........................-..........., 2671046403 M&T SELECT WITH INTEREST NOV.10-DEC.08,2006 1 OF 1 00 0 04319M NM 017 58430 FRANK W LINSENBACH JR 350 HOY RD CARLISLE PA 17013-8540 INTEREST PAID YEAR TO DATE 44.65 HIGH STREET-CARLISLE 41,374.11 .. . ....... "'0' lllli'O"$I' :r:$..&.... ....... . .........- ... .." ...-... ......MkERJiliDiTI8~M>.. NO. AMOUNT 2 30,616.00 .............::::.:::.oTUsil;<.:::.......... .:.:.:.... ..<.tuMEN,r...:... .<<. ..:...ENP;J;NG..<<::.. ...SUSTAACT100S>>...... .:INTEREST}PD ......... ....BAWdf<....>.> AMOUNT 616.00 2.00 23,290.30 . ... 2' 'EG:1.' NN' :1.' 'N'G'" ..... ....... .. . - ---.... .>.>>}>.SALANCf.<:....: NO. 5 PoSt;tNl:; .....DATE>..... ACTIVITY t;lSl?QS;J;TE>'IN:'1'~~~E>T: .C~~C~~<Q'1'U~R .....Dl\:tLY... .... .. S:.OTHER>:ADDiTiONS. : ....SUBTAACTioNS }.:. ...<........<.BALANCE...}...... 11-10-06 BEGINNING BALANCE '1-10-06 CHECK NUMBER 1915 1-13-06 Requested transfer to/from account 11-13-06 CHECK NUMBER 1923 11-13-06 CHECK NUMBER 1921 11-13-06 CHECK NUMBER 1922 11-13-06 CHECK NUMBER 1924 ~\~.L.S:t:~___io~LijpjJ;IJQ.._ 12-01-'06 US TREASURY 303 SOC SEC 12-04-06 REVERSE DIRECT DEPOSIT 12-08-06 INTEREST PAYMENT 85.81 $41,374.11 41,288.30 30,000.00 -_._.._._~,---- 616.00 12,000.00 12,000.00 12,000.00 12,000.00 616.00 22~ 288 '_:~_~ . 23,904.30 23,288.30 23,290.30 -...-.~...._...".-,~ 2.00 ENDING BALANCE $23,290.30 I>>>>>>' .....................-..............................-...-...-.......... . ......-....................-....................................... .... .. ... . .<<<Ci@;:I<S~.idD~lti< I 1915 11-10-06 1923 11-13-06 85.81 12,000.00 1921* 11-13-06 1924 11-13-06 12,000.00 12,000.00 1922 11-13-06 12,000.00 ANNUAL PERCENTAGE YIELD EARNED 0.10 % M&T BANK HAS JOINED THE PLUS NETWORK, THE WORLD'S LARGEST ATM NETWORK - WITH MORE THAN ONE MILLION ATM LOCATIONS FOUND IN OVER 160 COUNTRIES. WHEN YOU TRAVEL AND NEED TO TRANSACT SOME BUSINESS AT A NON-M&T ATM WITH YOUR M&T CARD, SIMPLY LOOK FOR THE PLUS, STAR (R), AND VISA (R) NETWORK LOGOS. AS A RESULT OF OUR NEW AFFILIATION WITH PLUS, M&T BANK IS NO LONGER PARTICIPATING IN THE CIRRUS AND NYCE NETWORKS. FOR QUESTIONS, PLEASE CALL THE M&T TELEPHONE BANKING CENTER AT 1-800-724-2440. THANK YOU FOR BANKING WITH M&T. Page: 1 Document Name: untitled CULO - -'TION .OD CODE DDA CURR CODE ACTN POST EFFECTIVE TRACE ID 10/20 I-GEN106102000008108 11/13 CO STFD 5 96 OP EBRN COlD ACCT THF TRANSACTION STMT FORMAT 06/12/19 12.05.44 MS 50861 LAST PAGE OF TRANSACTIONS 15004202071566 SHORT NAME LINSENBACH JR FRANK W PAGE 1 SEARCH FROM 106/10/20 THRU 106/12/01 CHECK NUMBER TRAN AMOUNT D/C BALANCE DESCRIPTION 283.81 11/21 I-GENI06112100002868 INTEREST PAYMENT 12/01 I-GENI06120100000001 INTEREST PAYMENT 12/01 335434596 74,326.33 MQWBKP99 CLOSEOUT 56.79 C 103,987.15 D 73,987.15 account C 74,269.54 C 74,326.33 D .00 6504730536 INTEREST PAYMENT 30,000.00 Requested transfer to/from 282.39 PF: I-HELP 3-PLVL 6-INQ 7-SB 8-SF 9-ASUM ll-CUTO -STSM Date: 12/19/2006 Time: 12:06:26 PM Keliey Blue Book - Private Party Pricing Report - Jeep, Grand Cherokee ~.~~~~ ti~ i,;~. , THE TRt-HFD RE!>OlJRrE. : :(:.l':.([':'~ ~ '.J:J'J JE.E!"",:; ':h.J J.j;::d J.!.JE..;~ "I:.-I';ji c4JrE. 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Devlin 141 West High Street Carlisle, PA 17013 File Number: 06-0530 Dear Sir; In accordance with your request. I have appraised the real property at: North Mountain Road Newville, PA 17241 The purpose of this appraisal is to develop an opinion of the market value of the subject property, as vacant. The property rights appraised are the fee simple interest in the site. In my opinion, the market value of the property as of November 27,2006 is: $12,000 Twelve Thousand Dollars The attached report contains the description, analysis and supportive data for the conclusions, final opinion of value, descriptive photographs, limiting conditions and appropriate certifications. Respectfully submitted, ~--\ (' ..-\ / \1 ._~~ A, ,&)t..~r,-.~~. Stan A. Skowronek Certified Residential Appraiser r.r' :":'~'-"+ ,",..,lo. 5. W. Barrett Real Estate & Appraisal Services 12/07/2006 Boyer and Ritter, % M. Devlin 141 West High Street Carlisle, PA 17013 File Number: 06-0532 Dear Sir; In accordance with your request, I have appraised the real property at: 350 Hoy Road Carlisle, PA 17013-8540 File No. 06-0532 The purpose of this appraisal is to develop an opinion of the market value of the subject property, as improved. The property rights appraised are the fee simple interest in the site and improvements. In my opinion, the market value of the property as of November 27,2006 $355,000 Three Hundred Fifty-Five Thousand Dollars is: The attached report contains the description, analysis and supportive data for the conclusions, final opinion of value, descriptive photographs, limiting conditions and appropriate certifications. Respectfully submitted, ~~G .~~r~~~ Stan A. Skowronek Certified Residential Appraiser S. W. Barrett Real Estate & Appraisal Services File No. 06-0531 12/07/2006 Boyer and Ritter, % M. Devlin 141 West High Street Carlisle, PA 17013 File Number: 06-0531 Dear Sir: In accordance with your request, I have appraised the real property at: 333 North Mountain Road Newville, PA 17241-9730 The purpose of this appraisal is to develop an opinion of the market value of the subject property, as improved. The property rights appraised are the fee simple interest in the site and improvements. In my opinion, the market value of the property as of November 27,2006 is: $175,000 One Hundred Seventy-Five Thousand Dollars The attached report contains the description, analysis and supportive data for the conclusions, final opinion of value, descriptive photographs, limiting conditions and appropriate certifications. Respectfully submitted, ~~G-~~f,~~' Stan A. Skowronek Certified Residential Appraiser