HomeMy WebLinkAbout08-14-07
REV-1500 EX + (6-00)
'* COMMONWEALTH OF
'.' PENNSYLVANIA
' , ' DEPARTMENT OF REVENUE
DEPT. 280601
HARRISBURG, PA 17128-0601
REV-1500
INHERITANCE TAX RETURN
RESIDENT DECEDENT
OFFICIAL USE ONLY
FILE NUMBER
2 1 -07 0 5 2 0
COuNTYCOoE -vE~ - - NDMiiER- -
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DECEDENT'S NAME (LAST, FIRST, AND MIDDLE INITIAL)
Baker Earl R.
DATE OF DEATH (MM-DD-Year)
SOCIAL SECURITY NUMBER
DATE OF BIRTH (MM-DD-Year)
1 83- 1 2 - 2 083
THIS RETURN MUST BE FILED IN DUPLICATE WITH THE
REGISTER OF WILLS
05/18/2007 07/16/1922
(IF APPLICABLE) SURVIVING SPOUSE'S NAME (LAST, FIRST, AND MIDDLE INITIAL)
SOCIAL SECURITY NUMBER
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[X] 1. Original Return
o 4, Limited Estate
[X] 6. Decedent Died Testate (AttachcopyoIWill)
o 9. Litigation Proceeds Received
o 2. Supplemental Return
o 4a, Future I nterest Compromise (date 01 death after 12-12-82)
o 7. Decedent Maintained a Living Trust (Attach copyofTrus~
o 10. Spousal Poverty Credit (date 01 death between 12-31-91 and 1-1-95)
o 3. Remainder Return (date 01 death prior to 12-13-82)
o 5. Federal Estate Tax Return Required
Q... 8. Total Number of Safe Deposit Boxes
o 11. Election to tax under Sec. 9113(A) (Attach Sch 0)
THIS SECTION MUST BE COMPLETED. ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SHOULD BE DIRECTED TO:
NAME COMPLETE MAILING ADDRESS
Joel R.Zullin er 14 North Main Street, Suite 200
FIRM NAME (If Applicable)
Zullin er Davis P.C.
TELEPHONE NUMBER
717 264-6029 Chambersbur PA 17201
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1. Real Estate (Schedule A)
2. Stocks and Bonds (Schedule B)
3. Closely Held Corporation, Partnership or Sole-Proprietorship
4, Mortgages & Notes Receivable (Schedule D)
5. Cash, Bank Deposits & Miscellaneous Personal Property
(Schedule E)
6. Jointly Owned Property (Schedule F)
o Separate Billing Requested
7. Inter-Vivos Transfers & Miscellaneous Non-Probate Property
(Schedule G or L)
8. Total Gross Assets (total Lines 1-7)
9. Funeral Expenses & Administrative Costs (Schedule H)
10. Debts of Decedent, Mortgage Liabilities, & Liens (Schedule I)
11. Total Deductions (total Lines 9 & 10)
12. Net Value of Estate (Line 8 minus Line 11)
13. Charitable and Governmental Bequests/See 9113 Trusts for which an election to tax has not been
made (Schedule J)
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(1)
(2)
(3)
(4)
(5)
OFFICIAL,L!~E ONLY
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25,963.21
(6)
80,500.00
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(7)
9,000.00
(8)
115,463.21
(9)
(10)
11,988.53
8,000.00
(11)
(12)
(13)
19,988.53
95,474.68
0.00
14. Net Value Subjectto Tax (Line 12 minus Line 13)
SEE INSTRUCTIONS ON REVERSE SIDE FOR APPLICABLE RATES
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15. Amount of Line 14 taxable at the spousal tax
rate, or transfers under Sec. 9116 (a)(1.2)
16. Amount of Line 14 taxable at lineal rate
17. Amount of Line 14 taxable at sibling rate
18. Amount of Line 14 taxable at collateral rate
19. Tax Due
(14)
95,474.68
0.00 X _(15) 0.00
95,474.68 X .045 (16) 4,296.36
0.00 X .12 (17) 0.00
0.00 X .15 (18) 0.00
(19) 4,296.36
20. D
CHECK HERE IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT
> > BE SURE TO ANSWER ALL QUESTIONS ON REVERSE SIDE AND RECHECK MATHi < <
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ece en s ample e ress:
STREET ADQRESS
704 Baltimore Road
CITY I STATE I ZIP
Shippensburg PA 17257
Tax Payments and Credits:
1. Tax Due (Page 1 Line 19)
2. Credits/Payments
A. Spousal Poverty Credit
B. Prior Payments
C. Discount
(1 )
4,296.36
214.82
3. InteresUPenalty if applicable
D. Interest
E. Penalty
Total Credits (A + B + C)
(2)
214.82
TotallnteresUPenalty ( 0 + E) (3)
4. If Line 2 is greater than Line 1 + Line 3, enter the difference. This is the OVERPAYMENT.
Check box on Page 1 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. (5)
A. Enter the interest on the tax due. (5A)
B. Enter the total of Line 5 + 5A. This is the BALANCE DUE. (5B)
Make Check Payable to: REGISTER OF WILLS, AGENT
0.00
0.00
4,081.54
4,081.54
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 IKI
b. retain the right to designate who shall use the property transferred or its income; ........................................ 0 IKI
c. retain a reversionary interest; or ...................................................................................................... 0 IKI
d. receive the promise for life of either payments, benefits or care? ............................................................. 0 IKI
2. If death occurred after December 12, 1982, did decedent transfer property within one year of death
without receiving adequate consideration?... ........ ...................... .......... .................................. ................. IKI 0
3. Did decedent own an 'in trust for' or payable upon death bank account or security at his or her death? ................. 0 IKI
4. Did decedent own an Individual Retirement Account, annuity, or other non-probate property which
contains a beneficiary designation? ....................................................................................................... 0 IKI
IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS YES, YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETURN.
Under penalties of pe~ury, I declare that I have examined this retum, 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.
SIGNATURE OF PERSON RESPONSIBLE FOR FILING RETURN DATE
PA
PA 17201
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 3%
[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 0% [72 P.S. ~9116 (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 retum 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 0% [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 4.5%, except as noted in 72 P.S. ~9116(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 12% [72 P.S. ~9116(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.
REV-1508 EX + (6-98)
.
SCHEDULE E
CASH, BANK DEPOSITS, & MISC.
PERSONAL PROPERTY
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
ESTATE OF
Baker Earl R.
FILE NUMBER
21 07
Include the proceeds of litigation and the date the proceeds were received by the estate.
All property jointly.owned with right of survivorship must be disclosed on Schedule F.
0520
ITEM
NUMBER
1.
DESCRIPTION
Account #551457, Orrstown Bank, including
interest accrued to date of death
VALUE AT DATE
OF DEATH
25,963.21
TOTAL (Also enter on line 5, Recapitulation) $
(If more space is needed, insert additional sheets of the same size)
25963.21
REV-1509 EX + (6-98)
.
SCHEDULE F
JOINTLY-OWNED PROPERTY
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
ESTATE OF
Baker. Earl R.
FILE NUMBER
21 07
If an asset was made joint within one year of the decedent's date of death, it must be reported on Schedule G.
0520
SURVIVING JOINT TENANT(S) NAME
ADDRESS
RELATIONSHIP TO DECEDENT
A. Dennis R. Baker
704 Baltimore Road
Shippensburg, PA 17257
son
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JOINTL Y.OWNED PROPERTY:
LETTER DATE DESCRIPTION OF PROPERTY '10 OF DATE OF DEATH
ITEM FOR JOINT MADE INCLUDE NAME OF FINANCIAL INSTITUTION AND BANK ACCOUNT NUMBER OR SIMILAR DATE OF DEATH DE CD'S VALUE OF
NUMBER TENANT JOINT IDENTIFYING NUMBER. ATTACH DEED FOR JOINTLY-HELD REAL ESTATE. VALUE OF ASSET INTEREST DECEDENT'S INTEREST
1. A. 7/1982 Tract of real estate situate at 704 Baltimore Road, 156,000.00 50. 78,000.00
Shippensburg, Pennsylvania, appraised by BK Real
Estate Appraisals, with copy attached
2. A 2000 2000 Oldsmobile Alero 4 door, wI 53,000 miles 5,000.00 50. 2,500.00
sold privately
TOTAL (Also enter on line 6, Recapitulation) $ 80 500.00
(If more space is needed, insert additional sheets of the same size)
REV-1510 EX + (6-98)
'*
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
ESTATE OF
Baker. Earl R.
SCHEDULE G
INTER.VIVOS TRANSFERS &
MISC. NON.PROBA TE PROPERTY
FILE NUMBER
21 07
0520
This schedule must be completed and filed if the answer to any of questions 1 through 4 on the reverse side of the REV-1500 COVER SHEET is yes.
DESCRIPTION OF PROPERTY
ITEM INCLUDE THE NAME OF THE TRANSFEREE, THEIR RELATIONSHIP TO DECEOENT AND DATE OF DEATH % OF DECD'S EXCLUSION TAXABLE
NUMBER THE DATE OFTRANSFER ATTACH A COPY OF THE DEED FOR REAL ESTATE. VALUE OF ASSET INTEREST VALUE
(IF APPLICABLE)
1. Cash distribution made by decedent on 5/16/2007 to 4,800.00 100. 3,000.00 1,800.00
Donna K. McNaughton
2. Cash distribution made by decedent on 5/16/2007 to 4,800.00 100. 3,000.00 1,800.00
Richard E. Baker
3. Cash distribution made by decedent on 5/16/2007 to 4,800.00 100. 3,000.00 1,800.00
Dennis R. Baker
4. Cash distribution made by decedent on 5/16/2007 to 4,800.00 100. 3,000.00 1,800.00
Joyce A. Pequipnot
5. Cash distribution made by decedent on 5/16/2007 to 4,800.00 100. 3,000.00 1,800.00
Beverly A. Wilson
TOTAL (Also enter on line 7 Recapitulation) $ 9000.00
(If more space is needed, insert additional sheets of the same size)
REV-1511 EX + (12-99)
'*
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
ESTATE OF
Baker Earl R
SCHEDULE H
FUNERAL EXPENSES &
ADMINISTRATIVE COSTS
Debts of decedent must be reported on Schedule I.
FILE NUMBER
21
07
0520
ITEM
NUMBER DESCRIPTION AMOUNT
A. FUNERAL EXPENSES:
1. Fogelsanger-Bricker Funeral Home, funeral services 8,226.53
2. Meal after funeral 75.00
3. Ministers for funeral service 150.00
4. Spring Hill Cemetery Association, grave opening 475.00
B. ADMINISTRATIVE COSTS:
1. Personal Representative's Commissions
Name of Personal Representative (s)
Social Security Numbe~s)/EIN Number of Personal Representative(s)
Street Address
City State Zip
Yea~s) Commission Paid:
2. Attorney Fees Joel R. Zullinger 2,500.00
3. Family Exemption: (If decedenfs address is not the same as claimanfs, attach explanation)
Claimant
Street Address
City State Zip
Relationship of Claimant to Decedent
4. Probate Fees Letters - 210.00; will 15.00; short certificates 8.00; JCP fee 10.00; 262.00
automation fee 5.00; filing return 14.00
5. Accountanfs Fees
6. Tax Retum Prepare~s Fees
7. BK Real Estate Appraisals, appraisal of the real estate 300.00
TOTAL (Also enter on line 9, Recapitulation) $ 11 988.53
(If more space is needed, insert additional sheets of the same size)
REV-1512 EX + (6-98),
.
SCHEDULE.
DEBTS OF DECEDENT,
MORTGAGE LIABILITIES & LIENS
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
ESTATE OF
Baker. Earl R.
FILE NUMBER
21
07
0520
Include unreimbursed medical expenses.
ITEM
NUMBER DESCRIPTION
1. Donna K. McNaughton, check written by decedent on 5/16/2007, but not cashed until
after death, in the amount of $8,000.00, which amount is included in the date of death
value of Item #1 on Schedule E, of this return. NOTE - the decedent wrote 3 checks each
for the sum of $8,000.00 to three of his children two days prior to death with instructions
that the total amount of $24,000.00 be divided in equal shares among all five of his
children. The transfers to the five children of $4,800.00 each is shown on Schedule G
of this return.
VALUE AT DATE
OF DEATH
8,000.00
TOTAL (Also enter on line 10, Recapitulation) $
(If more space is needed. insert additional sheets of the same size)
8000.00
,,,.,,,, ""'*
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
ESTATE OF
SCHEDULE J
BENEFICIARIES
FILE NUMBER
Baker El rl R 21 07 0520
RELATIONSHIP TO DECEDENT AMOUNT OR SHARE
NUMBER NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY Do Not List Trustee(s) OF ESTATE
I. TAXABLE DISTRIBUTIONS [include outright spousal distributions, and transfers under
Sec. 9116 (a) (1.2)]
1. Dennis R. Baker Lineal
704 Baltimore Road $80,537.50- Items 1 &2
Shippensburg, PA 17257 on Sch.F; 1/5 of residue
2. Donna K. McNaughton Lineal
331 Polecat Road 1/5 of residue
Landisburg, PA 17040
3. Richard E. Baker Lineal
2 Cleversburg Road 1/5 of residue
Shippensburg, PA 17257
4. Joyce A. Pequipnot Lineal
1/5 of residue
5. Beverly A. Wilson Lineal
1/5 of residue
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
1. 0.00
B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS
1. 0.00
TOTAL OF PART II - ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET $ 0.00
(If more space is needed, insert additional sheets of the same size)
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JRZ 5.1 baker.l September 3, 2002
LAST WILL AND TESTAMENT
I, Earl R. Baker, of 704 Baltimore Road, Shippensburg,
Pennsylvania, being of sound and disposing mind, memory and
understanding, do hereby declare this to be my will, hereby
revoking any and all former wills and codicils thereto by me
heretofore made.
I.
I direct that all my just debts and funeral expenses,
including all expenses of my last illness, shall be paid from my
estate as soon as practicable after my decease as a part of the
expense of the administration of my estate.
II.
I give, devise and bequeath the residue of my estate of every
nature and wherever situate to my children, namely Richard E.
Baker, Donna K. McNaughton, Beverly A. Wilson, Joyce A. Pequipnot,
and Dennis R. Baker, in equal shares, provided that the share of
any child who predeceases me or dies on or before the thirtieth day
following my death shall be distributed to my remaining
beneficiaries living on the thirty-first day following my death, in
equal shares.
"
III.
Any fiduciary under this will shall have the following powers
in addition to those vested in them by law and by other provisions
of my will applicable to all property whether principal or income,
including property held for minors, exercisable without Court
approval, and effective until actual distribution of all property:
A. To retain any and all of the assets of my estate, real or
personal,
without
regard
to
any
principle
of
diversification of risk.
B. To invest in all forms of property including stock,
common trust funds and mortgage investment funds without
restriction to investments authorized for Pennsylvania
fiduciaries as they deem proper, without regard to any
4
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principle of diversification of risk.
C.
To sell at public or private sale, to exchange or to
lease for any period of time any real or personal
property and to give options for sales, exchanges or
leases, for such prices and upon such terms or conditions
as they deem proper.
D. To allocate receipts and expenses to principal or income
or partly to each as they from time to time think proper.
E. To compromise any claim or controversy.
F. To distribute in cash or in kind or partly in each.
G. To hold property in their names without designation of
Page 2
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any fiduciary capacity or In the name of a nominee or
unregistered.
IV.
I direct that all taxes that may be assessed in consequence of
my death of whatever nature and by whatever jurisdiction imposed,
shall be paid from my residuary estate as a part of the expense of
the administration of my estate.
V.
I appoint Donna K. McNaughton and Richard E. Baker as
executors of this my will.
VI.
No bond shall be required of any fiduciary hereunder In any
jurisdiction.
IN WITNESS WHEREOF, I hereunto set my hand and seal to this my
last will and testament, consisting of five typewritten pages, the
first three of which bear my signature in the margin for the
Page 3
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purpose
of
identification
this
-3~
day
of
c)~
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t~CffJ~
(SEAL)
Signed, sealed, published and declared by the above-named
testator as and for his last will and testament in our presence,
who in his presence, at his request and in the presence of each
other have
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hereunto set our hands as attesting witnesses.
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and the witnesses respectively,
])vb;' ~E~e B::::~tor
whose names are signed to the attached or foregoing instrument,
being first duly sworn, do hereby declare to the undersigned
authority that the testator signed and executed the instrument as
his last will and testament and that he executed it as his free and
voluntary act for the purposes therein expressed and that each of
the witnesses, in the presence and hearing of the said testator
signed the will as witnesses and to the best of their knowledge
said signer was at that time eighteen years of age or older, of
Page 4
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sound mind and under no constraint or undue influence.
Subscribed, sworn to and acknowledged
before me by the above-named signer and
subscribed and sworn to befor~me by the
abov \ m d witnesses this ~day of
,2~
Notarial Seal ,
Nichole J. Kellert. Notary Public
Shippensburg Boro. qUmbertand Countx 1
My Commission Expires Aug. 18, 200"'_.
Page 5
*** INVOICE ***
BK Real Estate Appraisals, INC.
14 N. Main St., Suite 550
Chambersburg, PA 17201
Invoice #: 070631
Date Invoiced 06/19/2007
Terms: 30 Days
Date Due: 07/19/2007
TAX ID 35-2171968
To: Earl R. Baker Estate
Borrower: Earl R. Baker Estate
For Property located at
704 Baltimore St.
Shippensburg
PA
17257
Fee: $
300
Remittance Copy
Please remit payment to: BK Real Estate Appraisals, INC.
14 N. Main St., Suite 550
Chambers burg, PA 17201
Invoice #: 070631
File #: 070621
Total Amount Due: $
Amount Remitted (if different) $
300
BK Real Estate Appraisals, INC.
['
BK Real Estate Appraisals, INC.
APPRAISAL OF
A SINGLE FAMILY RESIDENCE
L 0 CAT ION : 704 Baltimore 51.
5hippensburg
PA
17257
CLIENT
: Earl R. Baker Estate
AS OF DATE
: 0611912007
A P P R A I S E R : Craig A. Kauffman
BK Real Estate Appraisals, INC.
070621
I
BK Real Estate Appraisals, INC.
14 N. Main St., Suite 550
Chambersburg, PA 17201
Earl R. Baker Estate
Dear Lender,
In accordance with your request, I have personally
inspected and appraised the property located at:
704 Baltimore St.
Shippensburg
PA
17257
The purpose of the appraisal was to estimate the market
value of the property, as improved, in unencumbered fee
simple title of ownership.
The subject property consists of:
6 Rooms
4 Bedroorrls-
~~ath~_
The cape cod style residence contains
Gross Living Area.
It is my opinion that the estimated market value of the
property as of 06/19/2007 is $ 156,000
1,560 square feet of
The above information has been automatically extracted
from the appraisal and inserted in this cover page.
Respectfully SUbmitt. ed, /.. ~.~..... // .
~7 @?~=~~
Craig A. Kauffman
BK Real Estate Appraisals, INC.
SUMMARY OF SALIENT FEATURES
fi~~~~~1iC "O:~'-"
Subject Address 704 Baltimore SI.
Legal Description Franklin County Deed Book W.479
City Shippensburg
State PA ,.
- -
Zip Code 1725~~____~__
-------..--..-------
Census Tract 131.98
-------- .., -- -------_._-------~--~-
Map Reference 39-35-2385-48 ,.
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Sale Price $ n/a
Date of Sale n/a
. .~IE .' li~f
..
Borrower Earl R. Baker Estate
Lender/Client Earl R. Baker Estate
t. ., ; .. ".'it.,~;-~~~~9~t~a!?.,,~M~~[J;,l:j!~iiji!M!lf,t~~~~iil'.;!~,
Size (Square Feet) 1560.000000
-- ---------~--,_._------
Price per Square Foot $ 0.000000 u_ ... ------------- ---~--
Location Suburban _._-------~-----------
Age 49 -~--_.._.._-
Condition average -
Total Rooms 6
Bedrooms 4
Baths 1.0
" . ,;;;
-
Appraiser Craig A. Kauffman
Date of Appraised Value .~19/~OQL______..__ -------'-----------_._-~---
'u :l<!~~l4~~j~~Y...,.~l;!,L~~~.ff.i~~!l,~~~~~~'l::
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Final Estimate of Value $ 156,000
File No, 070621
Case No
BK Real Estate Appraisals, INC.
Property Description
UNIJ-UKM Kt:~IDENTIAL At"t"KAI~AL Kt:t"UK I
Property Address 704 Baltimore St. ~ensburg State P A Zip Code 17257
~~~criQtiQr1 Franklin County OeedBook W.479 County Cumberland
Assessor's Parcel No. ~9.35.2385-48 Tax Year 2007 R.E. Taxes $ 1,540Special Assessments~ 0
Borrower Earl R. Baker Estate Current Owner Earl R. Baker Estate Occunan!: X I Owner O~~nt r l Vacant
Property riqhts appraised I X i Fee Sirt}!)le Leasehold Pro'eclTvne I I PUD I I Condominium IHUDNA onl'" HOA$ /Mo.
. Neighborhood or Proiect Name none Map Reference 39.35.2385-48 Census Tract 131.98
.~ Sale Price $ n/a Date of Sale nla Description and $ amount of loan charges/concessions to be paid by sel~____
----
-1; Lender/Client Earl R. Baker Estate Address
:V! Annraiser Craio A. Kauffman Address
:,~ Location '- Urban ~ Suburban I- Rural Predominant ~m~~ family hO~S~'l:9 Present land use % Land use chOe
:~ Built up '- Over 75% ~ 25-75% I- Under 25% ~cupancy $(OOW (yrs) One family _____~ B Not likely Likely
;.'8 Growth rate I- Rapid ~ Stable I- Slow 0- Owner ._~ Low __J! 2-4 family _ In process
{~ Property value e-- Increasing ~ Stable I- Declining I.- Tenant --- 500 High 100+ _ Multi-family_. To:_~_ --
:,~ Demand/supply '- Shortage 0- In balancel- Over supply 0- Vacant (0-5%) . Predominant Commercial -- ~-~---
~ Marketino time Under 3 mos. X 3-6 mos Over 6 mos Vacant lover 5%' 175 35lvac 50
;) Note: Race and the racial composition of the neighborhood are not appraisal factors.
~ Neighborhood boundaries and characteristics: The subject is located in a rural ~on ofthe state. .A substantial JlQ!!i.on of the surrounding
land in the area is woodland and farrn.land. See attached map for neighborhood boundaries. ------
Factors that affect the marketability of the properties in the neighborhood (proximity to employment and amenities, empioyment stability, appeal to market, etc.):
There are no apparent adverse factors which should affect the subject's marketability. The subject has access to all necessary supportinL
, facilities inclUding schools, shopping, recreation, and employment.
-
--
Market conditions in the subject neighborhood (Including suppcrt for the above conclusions related to the trend of property values, demand/supply, and marketing time
- - such as data on competitive properties for sale in the neighborhood, description of the prevalence of sales and financing concessions, etc.):
The MLS indicates a narrow list-sell ratio of 95% and typical marketing times of 3 to 6 months in this area.~ellers are !lot requirec!l9..c>!feL_
sal!., or financ.ir1.g concessions as financing_is~~~~:.'a"aila~l~ from a variety of sources. ----~~~._~._-
___~O -_._-----------------~~--- ------ _0____-
------------ -------.-.-- ---- -~--------------.._-------------- .---
Project Information for PUDs (If applicable) - - Is the developer/builder in control of the Home Owner's Association (HOA)? UYes UNo
Approximate total number of units in the subject project ___ Approximate total number of units for sale in the subject project _~____
Describe common elements and recreational facilities:
'I~ Dimensions See legal description _ Topography level
. --.--.---.--- Cor';;rL:;;!l]vesTKlN;;' ___._______ 0 ____ ___
;!J Site area ,54 ac Size .54ac -~-
--------.
~1 Specific zoning classification and description no zoning ._ Shape rectangular
~~ Zoning compliance 0 Le~'~r~egal nonconM:ng (Grandfathered use) ~TXJNo zoning Drainage avglinto st
'~ Hinhest & best use as imoroved: X Present use Other use 'exnlain' View avglinto st
.;]' Utilities P~c Other Off-site Improvements Type P,.'lQIic p~te Landscaping averag~~___ -~
ij Electricity X __~ Street macadam ~ Driveway surface macadam -~-
,of Gas u Curb/gutter I--- Apparent easements average
~: Water 111------- Sidewalk 1-' FEMA Special Flood Hazard Area U Yes W No
1~ Sanitary sewer X . Street lights I- F FEMA Zone X Map Date ~04/1988 _
,~ Stomn sewer I AIIev FEMA Mao No. 421587 0015B
1 Comments (apparent adverse easements, encroachments, special assessments, slide areas, illegal or legal nonconfonming zoning use, etc.): Normal utility easements
i~ for electric, telephone, etc. There are no apparent adverse easements, encroachments or other apparent adverse conditions.
1~~:
~(; GENERAL DESCRIPTION EXTERIOR DESCRIPTION FOUNDATION BASEMENT INSULATION
:; No. of Units _-------.1 Foundation conc.blk Slab ~._...__ Area Sq. Ft. ._~ Roof ---- ~
.~ No. of Stories 1.50 Exterior Walls ran. rock Crawl Space _~__ ~. % Finished 50% Ceiling
comp.shale -~.- ----
;Jil Type (Del./Att.) detached Roof Surface Basement 100% ~_ Ceiling joist Walls --
Design (Style) cape cod Gutters & Dwnspts. alum Sump Pump }'I!!~___ Walls conc.blk Floor ---
Existing/Proposed existing Window Type dbl.hung Dampness non~ observ Floor 91L_ None -
Age (Yrs.) 49 Stomn/Screens storm Settlement none observ Outside Entry yes Unknown -
Effectve Aae Yrs.l 25 Manufactured House Infestation none observ
ROOMS ,__J'Q~er Livino Dinl!!9..__ _Kitchen Den Famill'Brrh. Rec. Rm. Bedrooms # Baths Laundru Other Area Sn. EL..
Basement --~ --- 1,040
Level 1 1 1 2 ---.L._ 1,040
Level 2 2 520
Finished area above nrade contains: 6 Rooms' 4 Bedroom's" 1.0 Bath1s" 1 ,560 Snuare Feet of Gross Livinn Area
i INTERIOR Materials/Condition HEATING KITCHEN EQUIP~ ATTIC X AMENITIES - CAR STORAGE:
, Floors wI/cot/avo Type H~_ Refrigerator ~ None "'"- Fireplace(s) # __ None 0
, Walls dry/avg Fuel oil Range/Oven ~ Stairs - Patio --~- Garage 2# of cars
'~Trim/Finish wood/avg Condition avo - Disposal _ Drop Stair - Deck ----- Attached ~-
~ Bath Floor vyl/avg COOLING Dishwasher I--- Scuttle - Porch ------- Detached ~---
(~ Bath Wainscot ~r/avg_ Central NoCAC._ Fan/Hood ~ Floor - Fence --- Built-In ---- ---
'" Doors hollow Other 0______- Microwave I.- Heated - Pool ------- - Carport ~-
*~ Condition Washer/D"'er Finished Encl.Porch X Drivewav
''I Additional features (special energy efficient items. etc.): The subject has a 6.5 x 29 enclosed porch.
e!!
.' Condition of the improvements, depreciation (physical, functional and external), repairs needed, quality of construction, remodeling/additions, etc.:
Physical incurable only due to normal wear and tear associated with age. There are no apparent functional or external inadequaci~. The_.
construction qua~pical for the area. -
,
'~ Adverse environmental conditions (such as, but not limited to, hazardous wastes, toxic substances: etc.) present in .t~e improvements, on t~e stte,
~ or in the immediate vicinity of the subject property: There are no known or apparent adverse environmental conditions that would negatlvely"'_
i.. imnact the value of the orooertv.
rerrrrle ----gacl=Orm 0 6-93 PAGE 1 OF 2 -rBnmefiJae1=Orm 1004 6--93
File No 070621
BK Real Estate Appraisals, INC.
Valuation Section
Y ESTIMATED SITE VALUE. . . _ $
.... ESTIMATED REp,RODUCTION COST-NEW-OF IMPROVEMENTS:
Dwelling u_. ..1,560 Sq. Ft. @ ._ = $. . 0
Bsml____u1 ,040 Sq Ft. @ -= == = =--===:.:.Q
File No 070621
Comments on Cost Approach (such as, source of cost estimate,
site value, square foot calculation and for HUD, VA and FmHA,
the estimated remaining economic life of the property):
Garage/Carport ?51.25 Sq. Ft @ __ = ___. 0
Total Estimated Cost New = $ __ ..-.!!
Physical Functional External
Less
Depreciation I I -- $
Depreciated Value of Improvements . ~ $
"As-is" Value of Site Improvements . ~ $
INDICATED VALUE BY COST APPROACH. . . . . . . . . . = $ 0
ITEM I SUBJECT COMPARABLE NO.1 COMPARABLE NO.2 COMPARABLE NO.3
Address 704 Baltimore St. 957 Baltimore Rd. 231 Reading Rd. 1564 Orrstown Rd.
::: ~pensb~ Shiooensbura ~p-ensburg ~ensburg _
~ Proximity to Subject -@~;iilll~liJ';1!:~cl!;';jil~i" .25 mile 1.5 mile 1.5 mile
Ii Sales Price 1$ nla;jiFfl:r'llliJ;';Ji.'1:I$ 161,000 "]'~!~.q;:1,:1~1!~g~,~rl$ 166,000 ~~~I~;i"1111'1~~h 162000
[,;, Er.ice/Gross Liv. Area $ 0 $ 112.90t:%'t<iJ,fi~)ii;~ $ 107.101""}li,:,,!:,~-'Ij;~'f:. $ 95.911i;(.lf:<;;"tYi,,:-'1
t; Data and/or courthouse MRIS/ext.insp MRISlext.insp MRIS/ext.insp
;; Verification Source site inSD
-~';""...'."'. VALUE AD~~USTMENTS DESCRIPTI _DESC~IPTION ~:) $ Adjustme"L __ DESg~PTION +(.) $ Adiustment DESCRIPTION + (_) $ Adiustment
~. Sales or Financing conventional conventional conventional
I: Concessions none none subsidy
jj Date of SalelTime n/a 11/14/2006 0 08/18/2006 0 10/3112006
W Loca~__ Suburban ~___'puburban ..._______-----.!l ~uburba~. .. 0 Suburban _______
~:' Leasehold/Fee Simole ee simple __ fee simple fee s.i!!!P~_ =--- Jee simple ___ __
~( Site .54 ac .60 ac 0 ,25 ac 0 .551 ac _______ ______ 0
!~ ~_ ayglinto st___ JlI'lIlinto st 0 ayg/into st 0 avg/into st_ ____ 0
~\ Desion and Anneal caDe cod ranch 0 caDe cod 0 cape cod 0
,~ Qualitv of Construction avalran,rk avg/brick 0 avg/br/alum 0 JlI'lIlalum
j:~ 9 45 042 059
Condition averaae averaQe 0 aood -5,000 averaQe
Above Grade Total I Bdrms I Baths TotallBdrmsl Baths 0 TotallBdrmsl Baths 0 Total IBdrmsl Baths
Room Count 61 41 1.0 61 31 1 0 ___ 6 ___ L:..1 -2,000 61 31 1.5
Gross Livino Area 1,560So. Ft. 1,426Sn. Ft. 1,340 1,550Sg. Ft. 100 1,689So. Ft.
Basement & Finished ull full 0 full 0 full
Rooms Below Grade ~ part fin part fin I Dart fin
Functional Utilitv average _ ave@9!'___ 0 averag!.__ _Q~~~_ 0
HeatinQ/CoolinQ HW/NoCAC FA/CAC -3,000 FA/CAC ___ -3,000 HW/CAC _~ ___._ -3,000
EnerQv Efficient Item averaQe average averag~__e------~~ averg~_
Garaqe/Carport 21Attached _____ 2clg~_ ____ 0 1clQar _____ 2,500 Jc:Ig~______ ~ 2,500
Porch, Patio, Deck, encl.porch encl.porch breezeway porch/porch
,~Finenlacels' etc. none _fireplace._u__~ ______-1,500 _fireplace. _____ _ __ -1,500 Jireplace_ __..1,5.0.0
, Fence, Pool~~_ !!.~______ ~on~_________ nonll_.______ ________n~_____ __ .____
o
o
-~
o
o
o
o
o
.1,000
__ -1,290
o
ii, Net Ad;. (total) I 1+ I X 1- 1$ -3,160 n;-~ $ '---. -8,9001 r l+ I X 1- 1$
jf Adjusted Sales Price -1.96 % Net I -5.36 % Net -1- .3.81 % Net I
i~' of Comnarable 3.63 % Grs 1$ 157 840 8.49 % Grs 1 ~ 157 100 8.75 % Grs 1 ~ 155 823
m Comments on Sales Comparison (including the subject property's compatibility to the neighborhood, etc.): A search of courthouse and MLS
.\5 records shows the three closed sales displayed to be the most comparable and the best indicators of value for the subject property. Sale #
~ 2 & 3 exceed 6 months since closing, but ithey are the best sale available in this market. Sale # 2 site size differs but the value remains __ __
i~ similar. The sales used are the closest and best sales available. Most weight is given to Sale # 1 because it is the most similar to the
f: subiect. All sales were considered in arrivina at the final value.
,t ITEM SUBJECT COMPARABLE NO.1 COMPARABLE NO.2 COMPARABLE NO.3
,~"
i~ Date, Prioe, and Data none none none none
.fi! Sou roe, for prior sales
I within vear of annraisal courthouse courthouse courthouse courthouse
~ Analysis of any current agreement of sale, option, or listing of the subject property and analysis of any prinr sales of subject and comparables
~ within one year of the date of appraisal: Prior sales !l!.!he subject l)~curred more than thr~~l!!'~_;l,go,_ a!lll_llrior salesl1f the comll~abl~__._
ti occurred more than one year ago. ________
'ii1INDICATED VALUE BY SALES COMPARISON APPROACH. .. . , . . . , . . . . . . . . . . . . . . . . . , . . . . . .. . . . . . . . . . . .. . $
:i,1' INDICATED VALUE BY INCOME APPROACH Ilf Annlicablel Estimated Market Rent $ n/a /Mo. x Gross Rent Multi lier n/a = ~ 0
~ This appraisal is made lK.J'as is' WSubject to repairs, alterations, inspections or conditions listed below Usubject to completion per plans and specificauons.
:1(") Conditions of Appraisai: No warrant of the appraised is given or implied. No liability is assumed for the structural or mechanical elements of
:~ !~~~ . - ----
~~ Final Reconciliation: The most weight is given to the Sales Comparison Approach because it reflects the buyers and sellers actions in the
"'1 market. ______
.6,177
: The purpose of this appraisal is to estimate the market value of the real property that is the subject of this report, based on the above condITions and the certification, contingent
,! and limITing conditions, and market value definition that are stated in the attached Freddie Mac Form 439/Fannie Mae Form 1004B (Revised ).
I (WE) ESTIMATE THE MARKET VALUE, AS DEFINED, OF THE REAL PROPERTY THAT is THE SUBJECT OF THIS REPORT, AS OF 06/19/2007
!,: (WHICH IS THE DATE OF INSPECZION AN THE EFFECTIVE DATE OF THIS REPORT) TO BE $ 156,000
,,! APPRAISER: // // /2 g-z / SUPERViSORY APPRAISER (ONLY IF REQUIR~:
jl Sionature/' ~'zv-; ,:// _~~!'7~~ SiQnature. UDid ODid Nnt
.~ Name Cra111 A. Kauffrot'n ~ Name Inspect Property
iii1 Date Renort Sinnerl A6119/2007 /___ ~ Date Report SiQned __~_
~1 State Certificatinfi# RL 138890 State PA State Certification # State
:~ n... ~:a~tCl -I i,..QncoQ -if. ------- ~tl:lt.:ll - nr 1:'4...+.... ! ;,...""......., H - -- --- ~t::ttA
reddie Mac Form 70 6-93 --p;4,Gt: :l. ut" ~ annie Mae arm 004 6-93
SUBJECT PHOTOGRAPH ADDENDUM
070621
. Borrower Earl a. Baker Estate
Prope(1y Address 704 Baltimore 51.
City 5hippensburg
Lender/Client Earl R. Baker Estate
Cumberland
State ~Zip Code 17257
County
BK Real Estate Appraisals, INC.
FRONT OF
SUBJECT PROPERTY
REAR OF
SUBJECT PROPERTY
STREET SCENE
COMPARABLES PHOTOGRAPH ADDENDUM
070621
. Borrower Earl R. Baker Estate
Propel;ty Address 704 Baltimore St.
City Shippensburg County
Lender/Client Earl R. Baker Estate
Cumberland
Stale ~ZipCode 17257
BK Real Estate Appraisals, INC.
COMPARABLE SALE # 1
957 Baltimore Rd.
Shippensburg
Dale of Sale : 11/14/2006
Sale Price 161,000
Sq. Ft. 1,426
$ / Sq. Ft. 112.90
COMPARABLE SALE # 2
231 Reading Rd.
Shippensburg
Dale of Sale: 08/18/2006
Sale Price 166,000
Sq. Fl. 1,550
$/Sq.Fl. 107.10
COMPARABLE SALE # 3
1564 Orrstown Rd.
Shippensburg
Dale of Sale : 10/31/2006
Sale Price 162,000
Sq. Fl. 1,689
$ / Sq. Fl. 95.91
SKETCH ADDENDUM
File No' 070621
'Borrower Earl R. Baker Estate
Property Address 704 Baltimore St.
City Shippensburg
Lender/Client Earl R. Baker Estate
County
Cumberland
State ~Zip Code
17257
040.0'
;1 2nd Floor LNirlg Alee 1
G..... "
'"'
" Encb$~Porch
22.5'
...,
b
~ 1st FborLivOg Pfeil
S"""h_IV'"
Can",,"",
AREA CALCULATIONS SUMM6.RY LIVING AREA BREAKDOWN
ea. Description s.. NBlTotaIs ""'''down &blolllts
0LAl Piu:t Floor 1040.00 l()lO.OO Pirst Fleer
GLA:l Seax>d 1'loor 520.00 520.00 26.0 x 40.0 1040.00
pIp BnC:l. pordl 188.50 ]s8.S0 semnd 1'loor
GAR Gange 551.25 551.25 >3.0 x 40.0 520.00
TOTAL LIVABLE (rounded) 1560 2 Calculations Total (rounded) 1560
BK Real Estate Appraisals. INC.
LOCA lION MAP ADDENDUM
070621
,Borrower Earl R. Elaker Estate
Property Address 704 Baltimore St.
City Shippensburg
Lender/Clieot Earl R. Baker Estate
County Cumberland
State ~ Zip Code 17257
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COMPARABLE SALES INFORMA nON
COMPARABLE SALE #] COMPARABLE SALE #6
Address' 957 Baltimore Rd. Address:
DateofSalc: 11/1412006 ISalePricc; 161,000 Date of Sale; ISale Price:
Room Count. Total: 6lBedrooms: 3 lB."" 1 Room Count - Tolal' IBedrooms: ISaths:
Gross Livin Area, 1,426 Gross Livioa Area:
Proximitv to Sub"ect: .25 mile Proximity to Subject:
COMPARABLE SALE #2 COMPARABLE SALE #7
Address: 231 Reading Rd. Address:
Date of Sale: 08/18/2006 ISale Price: 166 000 Date of Sale: ISale Price:
Room Count ~ Total: 6lBedrooms: 3IB.th" 2 Room Count - T ota!: lBedrooms. IB.tM'
Gross Livimr: Area: 1550 Gross Livin Area:
Proximity to Subiect: 1.5 mile Proximitv to Sub "ect"
COMPARABLE SALE #3 COMPARABLE SALE #8
Address: 15640rrstown Rd. Address:
Date of Sale: 10/31/2006 ISale Price: 162 000 Date of Sale: lSale Price:
Room Counl- Total: 61Bedrooms 3IB.th" 1.5 Room Count. Tota]: I Bedrooms: IB.tM'
Gross LivinlZ Area" 1689 Gross Livimr: Area:
Proximity to Subiet:t: 1.5 mile Proximity to Sub 'ect:
COMPARABLE SALE #4 COMPARABLE SALE #9
Address: Address:
Date of Sale ISalePrice: Date of Sale: ISale Price:
Room Count - Total: lBedrooms: IB"M' Room Count. Total: IBedrooms: IB.th ,
Gross Livimz Area: Gross Livinl!: Area
Proximitv to Sub'eet" Proximity to Subiect
COMPARABLE SALE #5
Address:
Date of Sale: ISales Price"
Room Count - TotaL lBedrooms" IB.th"
Gross Livin" Area:
Proximi to I:."b"ect
BK Real Estate Appraisals, INC.
2003 USPAP COMPLIANCE ADDENDUM
070621
APPRAISER'S CERTIFICATION:
The following Certification statements are in addition to and may supercede the signed Appraiser's
Certification attached to this appraisal report. This Appraiser's Certification is compliant with the current
edition of the Uniform Standards of Professional Appraisal Practice.
I certifY that, to the best of my knowledge and belief:
The statements of fact contained in this report are true and correct.
The reported analyses, opinions, and conclusions are limited only by the reported assumptions and limiting
conditions and are my personal, impartial, and unbiased professional analyses, opinions, and conclusions.
I have no present or prospective interest in the property that is the subject of this report and no personal
interest with respect to the parties involved.
I have no bias with respect to the property that is the subject of this report or to the parties involved in this
assignment.
My engagement in this assignment was not contingent upon developing or reporting predetermined results.
My compensation for completing this assignment is not contingent upon the development or reporting of a
predetermined value or direction in value that favors the cause of the client, the amount of the value
opinion, the attainment of a stipulated result, or the occurence of a subsequent event directly related to the
intended use of this appraisal.
My analyses, opinions, and conclusions were developed, and this report has been prepared, in conformity
with the Uniform Standards of Professional Appraisal Practice.
I have (or have not) made a personal inspection of the property that is the subject of this report. (If more
than one person signs this certification, the certification must clearly specifY which individuals did and
which individuals did not make a personal inspection of the appraised property.)
No one provided significant real property appraisal assistance to the person signing this certification. (If
there are exceptions, the name of each individual providing significant real property appraisal assistance
must be stated.)
PURPOSE, INTENDED USE, AND INTENDED USER OF THE APPRAISAL:
The purpose of this appraisal is to estimate the market value of the subject property, as defined in this
report, as of the effect date of this report. The intended use of the appraisal is to assist the client and any
other intended users in the underwriting, approval, and funding of the mortgage loan. The intended users of
this report are the stated client and any other institutions involved in underwriting, approval, and funding of
the mortgage loan. No one else, including the purchaser and seller, should rely on the estimate of value or
any other conclusion contained in this appraisal report.
ANALYSIS AND REPORT FORM:
The appraisal is based on the information gathered by the appraiser from public records, other identified
sources, inspection of the subject property and neighborhood, and selection of comparable sales, listings,
and/or rentals within the subject market area.
The original source of the comparable data described in the Data Source section of the market grid along
with the source of confmnation is provided, where available. The original source is presented first. The
sources and data are considered reliable. When conflicting information was provided, the source deemed
most reliable has been used. Data believed to be unreliable was not included in the report or used as a basis
for the value conclusion. The extent of the analysis to this assignment is stated in the Appraiser's
Certification included above and attached to this report.
DEFINITION OF INSPECTION:
The term "inspection", as used in this report, is not the same level of inspection that is required for a
"Professional Home Inspection". The appraiser does not fully inspect the electrical system, plumbing
system, mechanical systems, foundation system, floor structure, or subfloor. The appraiser is not an expert
in construction materials and the purpose of the appraisal is to make an economic evaluation of the subject
property. If the client needs a more detailed inspection of the property, a home inspection, by a Professional
Home Inspector, is suggested.
BK Real Estate Appraisals, INC.
070621
DIGITAL SIGNATURES:
Tbe signature(s) affixed to this report, and certification, were applied by the original appraiser(s) or
supervisory appraiser and represent their acknowledgements of the facts, opinions, and conclusions found in
the report. Each appraiser(s) applied bis or ber signature electronically using a password encrypted method.
Hence these signatures have more safeguards and carry the same validity as the individual's hand applied
signature. If the report has a hand-applied signature, this comment does not apply.
OPINION OF MARKET VALUE VS ESTIMATE OF MARKET VALUE:
The current Uniform Standards of Professional Practice defines the market value conclusion as an opinion
of market value and not an estimate of market value.
THREE YEAR SALES HISTORY FOR THE SUBJECT PROPERTY:
The appraiser has complied with Standards Rules l-Sb and 2-2b(ix) requiring the appraiser to analyze and
report all sales ofthe subject property that occurred within the three (3) years prior to the effective date of
the appraisal. If this information was available to the appraiser(s), it is reported in the Subject column of
Sales Comparison Analysis section of the appraisal report.
EXPOSURE PERJOD:
By studying tbe sales of similar comparable residential properties with value ranges as identified in the
Neighborhood section ofthis report and discussions with individuals knowledgeable of current
neighborhood trends in the subject area, the appraiser feels that the exposure time for the subject property
is equal to the indicated Marketing Time identified in the Neighorhood section of this appraisal report.
APPRAISER:
SUPERVISORY APPRAISER (ONLY IF REQUIRED):
nDid ODid Not Inspect Property
Signature:
Name:
State Certification #:
Or State License #:
Date:
State;
State;
~
ORRSTOWN
BANK
A Tradition of Excellence
July 16, 2007
77 East King Street
P.O. Box 250
Shippensburg, PA 17257
To: Zullinger - Davis
14 North Main Street
Suite 200
Chambersburg Pa 17201
From: Traci Shaffer
Orrstown Bank
Customer Service Center
PO BOX 250
Shippensburg, Pa 17257
Re: Estate of Earl R Baker
Date of death May 18, 2007
IT IS HERERBY CERTIFIED THAT THE ABOVE NAMED DECEDENT, ON THE
ABOVE DATE. HAD THE FOLLOWING ACCOUNTS WITH ORRSTOWN BANK.
CHECKING ACCOUNT
Account # Title of Account
551457 EarlRBaker
Date opened
01/06/92
Principle
25961.53
Accrued Interest
1.68
SA VINGS ACCOUNT
Account # Title of Account
Date opened
Principle
Accrued Interest
CERTIFIL~ TE OF DEPOSIT
Account # Title of Account
Date Opened Principle
Accrued Interest
IRA ACCOUNT
Account # Title of Account
Date Opened Principle
Accrued Interest
www.orrstown.com
LAW OFFICES OF
ZULLINGER - DAVIS
PROFESSIONAL CORPORATION
JOEL R. ZULLINGER
14 North Main Street
Suite 200
Chambersburg, P A 17201
717-264-6029
Fax: 717-264-1884
J oelZullinger@zullingerlaw.com
Dale F. Shughart, Jr.
of counsel
HAMILTON C. DAVIS
20 East Burd Street, Suite 6
P.O. Box 40
Shippensburg, P A 17257
717-532-5713
Fax: 717-530-5222
hamiltondavislaw@comcast.net
August 9,2007
Cumberland County Register of Wills
Cumberland County Courthouse
Carlisle, P A 17013
~=:
CO)
.r:-
-CJ
-
..
Dear Register:
W
\..0
RE: Estate of Earl R. Baker
File No. 21-07-0520
Enclosed for filing in your office are an original and one copy of the P A Inheritance
Tax Return for the above estate along with check in the amount of $14.00 for filing fee and
check in the amount of $4,081.54 for inheritance tax due. If you have any questions, please
contact me.
Very truly yours,
~1~
Encls.
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