HomeMy WebLinkAbout08-17-07
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15056051058
REV-1500 EX (06-05)
PA Department of Revenue '*
Bureau of Individual Taxes
PO BOX 280601
Hanisburg, PA 17128-0601
ENTER DECEDENT INFORMATION BELOW
Social Security Number Date of Death
OFFICIAL USE ONLY
County Code Year
INHERITANCE TAX RETURN Il\
RESIDENT DECEDENT (J'\
tJ~
Fi~ ~~~
Date of Birth
579-38-1441
04/26/2006
10/11/1930
Decedent's Last Name
Suffix
Decedent's First Name
MI
Cuspard
Ms
Marion
(If Applicable) Enter Surviving Spouse's Information Below
Spouse's Last Name Suffix
Spouse's First Name
MI
Spouse's Social Security Number
THIS RETURN MUST BE FILED IN DUPLICATE WITH THE
REGISTER OF WILLS
FILL IN APPROPRIATE OVALS BELOW
<a;i 1. Original Return C)
C)
4. Limited Estate
C)
3. Remainder Return (date of death
prior to 12-13-82)
5. Federal Estate Tax Return Required
2. Supplemental Return
C)
~
C) 4a. Future Interest Compromise (date of
death after 12-12-82)
C) 7. Decedent Maintained a Living Trust
(Attach Copy of Trust)
C) 10. Spousal Poverty Credit (date of death c::) 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
c8J
Mrs. Christine C. White
Firm Name (If Applicable)
REGISTER OF WILLS USE ONLY
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First line of address
()
,
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2097 Stonebridge Dr.
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Second line of address
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ZIP Code
)
'~~jC,-1
DATE ElbED
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City or Post Office
Ann Arbor
State
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MI
48108
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Correspondent's e-mail address:
Under penalties of perjury, 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 praparer other than the personal representative is based on all information of which preparer has any knowledge.
SIGNATUR F PERSON RESPON~LE F FI~ RETU DATE
~ C' i 08/09/07
ADDRESS
2097 Stonebridge Dr.W.Ann Arbor, MI 48108
J
~EP~Re: OT~PRESENTATIVE
RESS
James A. Holland, C.P.A. 101 Hibbard St. No. 22 Manchester, MI 48158
PLEASE USE ORIGINAL FORM ONLY
DATE
08/09/07
Side 1
L
15056051058
15056051058
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~
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15056052059
REV-1500 EX
Decedent's Name:
RECAPITULATION
Marion
Cuspard
579-38-1441
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) c;:) Separate Billing Requested . . . . . .. 6.
7. Inter-Vivos Transfers & Miscellaneous Non-Probate Property
(Schedule G) c;:) 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/See 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 99,286.00
17. Amount of Line 14 taxable
at sibling rate X .12
18. Amount of Line 14 taxable
at collateral rate X .15
Decedent's Social Security Number
90,000.00
24,280.00
2,944.00
5,381.00
122,605.00
23,319.00
0.00
23,319.00
99,286.00
0.00
99,286.00
15.
16.
17.
18.
19. TAX DUE. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19.
20. FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT
15056052059
Side 2
L
4,468.00
4,468.00
c:;,
15056052059
---I
REV-1500 EX Page 3
File Number
ow ~m~'~ ~
Decedent's Complete Address: ii i
DECEDENTS NAME DECEDENfS SOCIAL SECURITY NUMBER
Marion Cuspard 579-38-1441
STREET ADDRESS
CITY I STATE I ZIP
Tax Payments and Credits:
1. Tax Due (Page 2 Line 19)
2. Credits/Payments
A. Spousal Poverty Credit
B. Prior Payments
C. Discount
(1)
4,454.00
Total Credits ( A + B + C ) (2)
3. Interest/Penalty if applicable
D. Interest
E. Penalty
143.00
TotallnterestlPenalty ( 0 + 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)
B. Enter the total of Line 5 + 5A. This is the BALANCE DUE.
(5A)
(5B)
143.00
0.00
4,454.00
143.00
4,597.00
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.
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;.......................................................................................... D [i]
b. retain the right to designate who shall use the property transferred or its income; ............................................ D [i]
c. retain a reversionary interest; or.......................................................................................................................... D [iJ
d. receive the promise for life of either payments, benefits or care? ...................................................................... D [iJ
2. If death occurred after December 12, 1982, did decedent transfer property within one year of death
without receiving adequate consideration? .............................................................................................................. D [i]
3. Did decedent own an "in trust for" or payable upon death bank account or security at his or her death? .............. D [i]
4. Did decedent own an Individual Retirement Account, annuity, or other non-probate property which
contains a beneficiary designation? ........................................................................................................................ ~ D
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. ~9116 (a) (1.1) (ii)]. The statute does not exemot 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. ~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 twelve (12) percent [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-1502 EX+ (6-9W
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
SCHEDULE A
REAL ESTATE
ESTATE OF FILE NUMBER
Marion Cuspard
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 having reasonable knowledge of the relevant facts.
Real property which Is jolntly-owned wtth right of survivorship must be disclosed on Schedule F.
ITEM
NUMBER
1.
DESCRIPTION
116 West Penn Street Carlisle, PA (Residential-high density resident, appraisal attached)
122 West Penn Street Carlisle, PA (Residential- rental property, appraisal attached)
VALUE AT DATE
OF DEATH
2
55,000.00
35,000.00
TOTAL (Also enter on line 1, Recapitulation) $
(If more space is needed, insert additional sheets of the same size)
90,000.00
REV-1508 EX+ (6-98) *'
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
SCHEDULE E
CASH, BANK DEPOSITS, & MISC.
PERSONAL PROPERTY
ESTATE OF
Marion Cuspard
FILE NUMBER
Include the proceeds of litigation and the date the proceeds were received by the estate.
All property Jolntly-owned with right of survivorship must be disclosed on Schedule F.
ITEM VALUE AT DATE
NUMBER DESCRIPTION OF DEATH
1 Cash on hand at date of death 80.00
2 Sovereign Bank, checking Account No. 1671011465 1,533.00
3 Members 1st Credit Union, checking Account No. 8741 149.00
4 Sovereign Bank, savings Account No. 1674005291 136.00
5 Members 1st Credit Union, savings Account No. 8741 182.00
6 2003 Ford Windstar minivan (FMV at date of death) 12,200.00
7 Misce. personal belongings (estimated FMV at date of death) 10,000.00
TOTAL (Also enter on line 5, Recapitulation) $
(If more space is needed, insert additional sheets of the same size)
24,280.00
REV-1509 EX+ (6-98*
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
SCHEDULE F
JOINTLY-OWNED PROPERTY
ESTATE OF
Marion Cuspard
FILE NUMBER
If an asset was made Joint within one year of the decedent's date of death, It must be reported on Schedule G.
SURVIVING JOINT TENANT(S) NAME
ADDRESS
RELATIONSHIP TO DECEDENT
A. Christine VVhite
2097 Stonebridge Dr.
Ann Arbor, MI 48108
Daughter
B.
C.
JOINTLY-OWNED PROPERTY:
LETTER DATE DESCRIPTION OF PROPERTY %OF OATE OF DEATH
ITEM FOR JOINT MADE INCLUDE NAME OF FINANCIAL INSTITUTION AND BANK ACCOUNT NUMBER OR SIMILAR DATE OF DEATH DECO'S VALUE OF
NUMBER TENANT JOINT IDENTIFYING NUMBER. ATTACH DEED FOR JOtNTlY-HELD REAL ESTATE. VALUE OF ASSET INTEREST DECEDENT'S INTEREST
1. A. 06101/96 Commerce Bank, checking Account No. 51303n05 2,662.00 50 1,331.00
2 A Commerce Bank, savings Account No. 61616923 3,225.00 50 1,613.00
TOTAL (Also enter on line 6, Recapitulation) $ 2,944.00
(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
SCHEDULE G
INTER-VIVOS TRANSFERS &
MISC. NON-PROBATE PROPERTY
ESTATE OF
Marion Cuspard
This schedule must be completed and filed if the answer to any of questions 1 through 4 on the reverse side of the REV-l500 COVER SHEET is yes.
FILE NUMBER
DESCRIPTION OF PROPERTY DATE OF DEATH % OF DECO'S
ITEM INCLUDE THE NAME a TIE TRANSFEREE, THEIR RElATIONSHIP TO DECEDENT AND EXCLUSION TAXABLE
NUMBER THE DATE a 1RANSFER ATTACH A COPY OF THE DEED FOR REAL ESTATE. VAlUE OF ASSET INTEREST (IF APPlICAIllE) VAlUE
1. Individual Retirement Account, Christine White - daughter, 12/31/2006 1,793.70 100 1,793.70
2. Individual Retirement Account, Kathleen White - daughter, 12/31/2006 1,793.65 100 1,793.65
3. Individual Retirement Account, Steven Cuspard - son, 12/31/2006 1,793.65 100 1,793.65
TOTAL (Also enter on line 7 Recapitulation) $ 5,381.00
(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
SCHEDULE H
FUNERAL EXPENSES &
ADMINISTRATIVE COSTS
ESTATE OF
Marion Cuspard
FILE NUMBER
Debts of decedent must be reported on Schedule L
ITEM
NUMBER
A.
DESCRIPTION
AMOUNT
1.
FUNERAL EXPENSES:
Ewing Brothers Funeral Home (Invoice attached)
Muehlig Funeral Chapel (Invoice attached)
7,702.00
3,528.00
2
B. ADMINISTRATIVE COSTS:
1 . Personal Representative's Commissions
Name of Personal Representative(s)
Social Security Number(s)/EIN Number of Personal Representative(s)
Street Address
City
. State
Zip
Year(s) Commission Paid:
2. Attorney Fees
3. Family Exemption: (If decedent's address is not the same as claimant's, attach explanation)
Claimant
Street Address
City
State
. Zip
Relationship of Claimant to Decedent
4.
Probate Fees
193.00
5.
Accountanfs Fees
2,000.00
6.
Tax Return Preparer's Fees
500.00
7.
Expenses incurred by Estate for preservation of real property (property taxes, insurance, utilities)
all expenses were post date of death thru 12/31/2006
9,396.00
TOTAL (Also enter on line 9, Recapitulation) $
(If more space is needed, insert additional sheets of the same size)
23,319.00
REV-1737-7 EX + (9-00ltald_
REVERSE ~
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
NONRESIDENT DECEDENT
ESTATE OF
Marion Cuspard
SCHEDULE J
BINIFICIARIIS
FILE NUMBER
When flat rate method is elected, list the beneficiaries of the Pennsylvania property.
When proportionate method is elected, list all beneficiaries.
RELATIONSHIP TO
DECEDENT AMOUNT OR SHARE
NUMBER NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY Do Not list Trustee(l) OF ESTATE
I. TAXABLE DISTRIBUTIONS [indude outright spousal disbibutions, and transfers under Sec. 9116 (a)(1.2)]
1.
Christine White, 2097 Stonebridge Dr. Ann Arbor, MI48108 (1/3 interest) Daughter 31,558.00
2 Kathleen White, 4531 Cardway Dr. Jacksonville, FL 32257 (1/3 interest) Daughter 31,558.00
3 Steven Cuspard, 17515110th Land S.E. Renton, WA 98055 (1/3 interest) Son 31,559.00
ENTER DOLLAR AMOUNTS FOR DISTRIBUTIONS SHOWN ABOVE ON REV-1737 COVER SHEET OR THE PROPORTIONATE METHOD WORKSHEET ON THE REVERSE SIDE
OF REV-1737 COVER SHEET, AS APPROPRIATE.
II. NON-TAXABLE DISTRIBUTIONS:
A. SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT BEING MADE
1.
B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS
1.
TOTAL OF PARI II $94,675.00
ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1737 COVER SHEET
(If more space is needed, insert additional sheets of the same size)
Ewing Brothers Funeral Home, Inc.
630 South Hanover Street
Carlisle, PA 17013-
(717)243-2421
May 7,2006
Christine Cuspard White
2097 Stonebridge Dr. N.,
Ann Arbor, MI 48108
The Funeral Service for Marion D. Cuspard
We sincerely appreciate the confidence you have placed in us and will continue to assist you in every way we can. Please
feel free to contact us if you have any questions in regard to this statement.
THE FOLLOWING IS AN ITEMIZED STATEMENT OF THE SERVICES, FACILITIES, AUTOMOTIVE EQUIPMENT,
AND MERCHANDISE THAT YOU SELECTED WHEN MAKING THE FUNERAL ARRANGEMENTS.
1. PROFESSIONAL SERVICES
Services of Funeral Director/Staff. . . . . . .
FUNERAL HOME SERVICE CHARGES
SELECTED MERCHANDISE:
Batesville Stainless Steel Pink. . . . . . . . . . . . . . . . . .
THE COST OF OUR SERVICES, EQUIPMENT, AND MERCHANDISE
THA T YOU HAVE SELECTED . . . . . . . . . . . . .
$3500.00
$3500.00
$3575.00
$7075.00
Cash Advances
Clergy/Mass Offering,
Sentinel Obit
Patriot Obit.
Altar Servers
Cantor. .
Organist. .
TOTAL CASH ADVANCES AND SPECIAL CHARGES .
$125.00
$160.45
$226.80
$40.00
$50.00
$125.00
$727.25
Total
Total Cost .
. . . . . . . . . . . . . . . . . . . . . . . . .
$7802.25
S UB- TOTAL
INITIAL PAYMENT / DISCOUNT / CREDITS
TOTAL AMOUNT DUE
$7802.25
100.00
$7702.25
-(umb,Cov~7'1 \tA-
Co f DdlA.) of 1/(" r
To lSe ,terce; 1/"'01
The unpaid balance over 45 days is subjected to a 1.00 % service charge per month. 12.0000 % per annum.
fJ- '?~ ;?~
0{ -tt 1/ 5~
to I Zit ( 0 (p
Member of National Funeral Directors Association
Muehlig Funeral Chapel
Statement ot Funeral Goods and Services
Marion Cuspard
Contract Date - April 26, 2006
+117-2017+9
Christine White
2097 Stonebridge Dr. North
Ann Arbor, MI +8 108
F rotessional Services
Care and F reparation
Facilities and Staff
Transportation
Other Goods and Services
Merchandise
Cash Advance Items
Michigan Sales Tax
Total
Ck# 5766
Ck#++989
5alance Due
Ma'y 1 6, 2006
2,795.00
0.00
0.00
0.00
6)2.50
0.00
85.00
15.00
),527.50
-85.00
-),++2.50
LLL.D
-
0.00
Thank 'you tor allowing us to serve 'your tamil'y'
403 S. Fourth Avenue · Ann Arbor, MI 48104 · 734-663-3375 · Fax 734-663-6958 · Clayne D. Frazer, Manager
DignityMemorial.com
.,
LAST
&
TESTAMENT OF
MARION D. CUSP ARD, of 116 W. Penn Street, Carlisle, Cumberland County,
Pennsylvania, being of sound and disposing mind, memory and understanding, do hereby
make, publish and declare this as and for my Last Will and Testament, hereby revoking any
and all other wills and codicils heretofore made by me.
FIRST. I direct that all my just debts and funeral expenses be paid from my estate as
soon after my death as practically and conveniently may be done.
SECOND. I direct that my remains be interred within my family's burial plot in accord
with my expressed wishes.
THIRD. I authorize my personal representative to expend funds from my estate, in
such amounts as my personal representative shall consider necessary and desirable for the
purchase, erection and inscription of a suitable marker for my grave.
FOURTH. I give and bequeath to my son, Steven F. Cuspard, the grandfather clock.
FIFTH. I give, devise and bequeath any and all tangible personal property own~d by
me at the time of my death unto my children, Steven F. Cuspard, Christine C. White and
Kathleen C. White, in equal shares, per stirpes.
SIXTH. I give, devise and bequeath any and all real estate owned by me at the time of
my death, unto my children, Steven F. Cuspard, Christine C. White and Kathleen C. White, in
equal shares, per stirpes.
SEVENTH. I give, devise and bequeath all the rest, residue and remainder of my estate
unto my children, Steven F. Cuspard, Christine C. White and Kathleen C. White, in equal
shares, per stirpes.
EIGHTH. I direct that any and all Inheritance, Estate and Transfer taxes imposed upon
my estate passing under my will or otherwise, shall be paid out of the principal of my
residuary estate.
NINTH. I hereby nominate, constitute and appoint my daughter, Christine C. White, as
Executrix of this my Last Will and Testament. In the event of renunciation, death, resignation
or inability to act for any reason whatsoever of Christine C. White, I nominate, constitute and
appoint Steven F. Cuspard and Kathleen C. White as Co-Executors of this my Last Will and
Testament. I hereby relieve my Executrix from the necessity of posting security in connection
with her duties, as such, in any jurisdiction in which she may be called upon to act insofar as I
am able by law to do so. In addition to the powers conferred by law, I authorize my
Executrix, in her absolute discretion, to retain in the form received, and to sell either at public
or private sale any real or personal property owned by me at the time of my death.
,
,fjIi
:.."..,...",.;._.,...;~........,~-.;;...o;....,,~,~,
i"<";'J;';;;::;':;:Ii.:~;o.' "
TENTH. I have made, or may from time to time make, a: WI'itten memorandum
expressing my desire to give certain items of personal property to specific persons. I urge my
Executrix and beneficiaries to respect these wishes. Such a memorandum, if made, shall be
stored in conjunction with this Will.
IN WITNESS WHEREOF, I have hereunto set my ~Jlld and seal to this, my Last Will
and Testament, consisting of two typewritten pages thisjoktray of July, 2003.
~~jlr, ~
MARlOND. CUSPARD
Signed, sealed, published and declared by the above named Testatrix Marion D. Cuspard
as and for her Last Will and Testament, in the presence of us, who, at her request, in her sight
and presence and in the sight and presence of each other, have hereunto subscribed our names
as witnesses.
~~~
COMMONW~ALTH OF PENNSYLVANIA
,'~'~.;..J,-,..';.,,,,,;,,".~,,.
: SS.
COUNTY OF CUMBERLAND
I, Marion D. Cuspard, Testatrix whose name is signed to the attached or foregoing
instrument, having been duly qualified according to law, do hereby acknowledge that I signed
and executed the instrument as my Last Will; that I signed it willingly; and that I signed it as
my free and voluntary act for the purposes therein expressed.
~-vo--",b-. ~
MARION D. CUSP ARD
Sworn or affirmed to and
acknowledged before me, 1;>y
Marion D. Cuspard this j()~day
/JUlY, 200;",
~ It
tary Public
--~
NOTARiAL SEAL ~
Cynthia L. Darr, IlJotary Public ;J
South Middleton Tw~, County of_C~mb;rland
My Commission expires AlI'd' I <l" ~004
__ ~.....v .,"-""'"..._",."...,""'"'~-
COMMONWEALTH OF PENNSYL VANIA
SS.
COUNTY OF CUMBERLAND
We, .5uSI1N:X M(t rfmc'( {'vI and r; eO':Je. 'f]xJt.LS L.o.$} .7!t- the witnesses
whose names are signed to the attached or foregoing instrument, being duly qualified
according to law, do depose and say that we were present and saw Marion D.Cuspard sign
and execute the instrument as her Last Will; that she signed willingly and that she executed as
her free and voluntary act for the purposes therein expressed; that each of us in the hearing
and sight ofthe Testatrix signed the will as witnesses; and that to the best of our knowledge,
the Testatrix was at that time eighteen (18) or more years of age, of sound mind and under no
constraint or undue influence.
~~OI7_~
~~C~
Sworn or affirmed to and
subscribed before me by /
5 t.04",J .f. JJ/-t'r-f1n MNand
betJ rye, J:.: DCA. 1p-, witnesses,
thisj6t\tay July, 2
~
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WOLFE&SHEARER APPRAISAL SERVICES
File No. 07-058
APPRAISAL OF
Limited Appraisal Report
LOCATED AT:
116 West Penn Street
Carlisle, PA 17013
FOR:
Christine White
2097 Stonebridge Drive North
Ann Arbor, MI 48108
BORROWER:
N1A N1A
AS OF:
June 22, 2007
BY:
William A. Bassett
PA General Certified Appraiser
WOLFE&SHEARER APPRAISAL SERVICES
Fie No. 07-058
June 27. 3007
Christine White
2097 Stonebridge Drive North
Ann Arbor. MI 48108
File Number: 07-058
Dear Sir or Madam:
In accordance with your request. I have appraised the real property at:
116 West Penn Street
Carlisle. PA 17013
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 June 22.2007
is:
55,000
Fifty-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.
Sincerely yours
~:~wi"'~~
William A. Bassett
PA General Certified Appraiser
~ FannieMae
WOLFE & SHEARER APPRAISAL SERVICES
De.ktop Underwriter Qu8ntltllUve A....y... A........... ReIlOl1 File No.: 07-058
THIS SUMMARY APPRAISAL REPORT IS INTENDED FOR USE BY THE lEN~UENT FOR A MORTGAGE FI\IANCE TRANSACTION ONLY.
Pmoonv Address 116 West Penn Street Clv Carlisle State PA 110 Code 17013
Leaal Desaiotion Deed Book 28Q/Paae 629 Coo"'" Cumberland
Assesso(s Pan:eI No. Tax 05-20-17980138 Tax Year 20061200 RE.Taxes$ 984.00 SoedaI Asses9nerts $ NlA
Borrower NlA NlA CImnlOoiner Marion D. Cusoard Occuoant: f lOwner I ITenant IXJVacant
Nelnhbofhood or - Name Borough of Carlisle -T..... I IpUD nCondoninium HOA$ NlA /Mo.
Sales Price $ NlA Dale of Sale NlA Desainlil>rd amount 01 loan charues/concessions 10 be oaid bY seier NlA
a"""'ised rXIFee S- I lLeasehold I Man Reference Man 20-1798 Census Tract 0123.00
Note: Race and .... racial of.... nalahbarhood are not a nisei r-...
~Ion ~:man Fx Suburban ~~I 'I~W~ locma~.~ Stable ~: ~~~
Bull up X Over75% 25-75% Under 25% Demandlsupply Shortage X In balance Owr~ AGE PRICE AGE
$(000) b10 $~ Low ~
Growth rate RaPid X Stable Slow Marketino line Under 3 mos. 3-6 mos. Owr6 IOOS. 30 Low
Neighbofhood boundaries West North Street to the south, North Pitt to the east. Lincoln Street to the 80 Hioh 80 Hi!Ih -
north. North West Street to the west. Predominant Predomilant
50 50 NlA NlA
Dimensions See Leaal Description Site area .05 acres Shape Irreaular
Specific zoning cIasslication and description Residential-Hiah Density Residential
Zoning compliance 00 Legal 0 Legal noncooforming (Grandlathered use): 0 llegal, attach d~ion H No zoning
Hiohest and best use 01 subiect orooertv as imDroved (or as ns and soecificationsl: !Xl Present use Other use. attach desaDlion.
UtIlities Pubic Other Pubic Other I =.'~da~ Type ~bIc Fr
Electricly ~ Waler ~
Gas X Sanita.. ~ X Alev
he 1here anv.......... advI!rse ste lXlndiIions ,- - '1 side areas. etc.\? I I Yes I No If Yes. attach desaDtion.
n~S) used nthysical characteristics ofrd~ I 00 Interior and exterior inspection R ,Exterior inspection from streel U Previous appraisal files
MlS Assessment and tax records Prior Insoection n Prooertv owner Other 1Describe1:
No. 01 Slories 2 Tvoe IDetJAIlI Attached Exterior Wals Brick/Aluminum Roof Slriace Shinale Manufactla'ed Ilousm I J Yes Ixl No
Does the orooertv oeneralY conform 10 the neiohbofhood il tenns of stYle. condition. and construction materials? IX I Yes I I No If No. attach descrlntion.
n ~ anhn':orent physical defICiencies or condlions thaI would allect the soundness or structural integrly of the improvements or the livabilty rlthe property?
Yes X No If Yes. anach descriollon.
Ase lhere any apparent ~ enoomental conditions (hazardous wastes. 10xic substances. etc.) present in the improvements. on the site. or in the immediale vicinity of
the sub' Yes X No If Yes. attach descrlntlnn.
I researched lhe subject mar1tet area lor comparable istings and sales thaI are lhe most similar and proximale 10 the subject propeny.
My reseach revealed a total rI 2 sales ranging in sales price from $ 45,00010 $ 60.000.
My reseach revealed a total rI 6 listings rangilg illist price from $ 32.90010 $ 59,900.
The analvsis 01 the comoarable sales below reIIects market reaction 10 sionlicant wriations between the sales and the
FEATURE I SUBJECT SALE 1 SALE 2 SALE 3
116 West Penn Street 428 Factory Street 143 North Bedford Street 426 Factory Street
Address Carlisle PA Carlisle PA Carlisle PA Carlisle PA
Proximitv 10 Subiect 0.20 MI NW 0.29 MI ESE 0.20 MI NW
Sales Price $ NlA $ 59 900 $ 53 000 $ 56 000
Pri:eIGross LiI. Area $ 0.000$ 52.450 $ 63.100 $ 43.610
DIla .. Velf. Swtes Court House Records/Multi-List Court House Records/Multi-List Court House Records/Multi-List
VALUE AIlJUSlMENTS DESCRIPTION DESCRIPTION I .HS_ DESCRIPTION I .(.)S_ DESCRIPTION I 'Hs_
Sales or Filandng Conv Conv Conv
Concessions DOM 90 DOM2 DOM 81
Date rI SalelTme NlA 6/1/2007 : 12/15/2006 : 12/612006 :
Localion Urban Urban Urban Urban
s.e .05 acres .06 acres : .03 acres : .06 acres :
View Residential Residential : Residential : Residential :
Desion ISIW!I 2Stv/Attached 2 storY/Attached 2 storY/Attached 2 storY/Attached
Actual Aoo!Nrs.l 38 years 100 years : 100vears : 100vears :
Condition Averaae AVSNlCJe : Averaae : Averaae :
Above Grade TeM! I 8ctms I -- TaIaI I BcDns I Bat'" TCIbII I Bdrms ' -- ToIII . Bdrms I .....
Room Count 5 : 3 : 1.00 5 : 2 : 1.50 : -1.000 5 : 2 : 1.00 : 6 : 3 : 1.00 :
Qa;s lM10 /!tea 1 280 So. Ft. 1 142 So. Ft; 2070 840 So. FI; 6600 1 284 Sq. Ft; -60
Ilasemert and frisl1ed 0 Partial Bsmt Partial Bsmt Full Bsmt
Rooms Below Grade Unfinished -4 000 Unfinished -4 000 Unfinished -4 000
Gara""J(' .arnnrt None None : None : None :
Heatina OHW/NoCA GFHAlNoCA GFHAlNoCA GFHAlNoCA
: : :
Nel Adi. Itotan 1+ rxl- '$ 2930 xl + fl. '$ 2600 Ifl + IXI. , $ 4060
'4lSIed Sales Pri:e Gross: 11.8% Gross: 20.0% Gross: 7.2%
of Comoatllbles Net: -4.9% $ 56 970 Net: 4.9% $ 55 600 Net: -7.2% $ 51 940
Date rI Prior Sales
Price rI Prior Sales $ $ $ $
Analysis 01 any current agreemenl 01 sale. option. or listing 01 the subject property and analysis of the prior sales of sui!ject and comparables: The subiect Drooertv
has not been listed or sold within the oast three Years.
Summary 01 sales comparison and wkle conckIsion: The subiect orooertv and comoarables are located in within the Carlisle Market Area. County.
The comoarables are similar in aae stvle utilitv. and condition with Droner adiustments made for differences. All the comoarables are
verified sales and are the best available.
Tn appraisal is made IXJ "as-is", or U S&qecI 10 aJII1lIetion per plans and specIications on the basis rI a h)polhelicaI condition thallhe inprovements have been completed. or
subiectlo Ihe 10Nowino reoairs. alerations or conditions:
BASED ON AN UEXTERIOR IIIISPEC110N FROM nE STREET OR AN !2U1IITERIlRNC>EXIBIORNiPECTlON, I E:S1NATEnEMARKETVAlUE,ASDEFND,
OFnEREALPROPERTYTHATlSnESUBJECTOFTHlSREPORTTOBES 55,000 ,ASOF June 22 2007
lOCH.
PAGE I OF 3
Pruduced using AD..... 8llD.234.8721....lCiltetl.tonI
Fannie Mae Form 2055 9-96
WOLFE & SHEARER APPRAISAL SERVICES
De.ktop Underwriter QuantltaUve An.". AII....a.... Report Fie No.: 07-058
Project Infamllltlon for PUDs (W appUcablel--ls the developer/builder in control of the Home Owners' Association (HOAI? U Yes U No
Provide the following inlonnation for PUDs only J the developerlbuilder is in control of the HOA and the subject property is an attached dweling unit:
TllaI /1lIlD!r 01 phases N1A Total number of unils Total number of unils sold
T llaI /1lIlD!r 01 uniIs IllIted Total number 01 units for sale Data Sou1:e(sl
Was the project created by the conversion of existing buildings into a PUO? 0 Yes 0 No W yes, state date of conversion:
Does the project contain any rnuItklweIing units? 8 Yes 0 No Data SoIIl:e:
Are the common elements completed? 0 Yes No If No, descme status 01 completion:
Are any common elements leased to or by the Home Owners' Association? o Yes 0 No If yes, attach addendum desaibing rental terms and options.
Oescme common elements and recreational facilities:
Project Infannallon for Condominiums (if applicable)--Is the developer/builder in control of the Home Owners' Association (HOA)? U Yes U No
Provide the following information for al Condominium Projects:
TllaI /1lIlD!r 01 phases N1A Total number of units Total number of units sold
T llaI number 01 uniIs IllIted Total number 01 unils for sale Data Sou1:e(s)
Was the project created by the conversion 01 existing buildings into a condominium? LJ Yes 0 No 0' dale 01 COIM!ISion:
Prqject Type: 0 Primary Residence 0 Second Home or Recreational 0 Row or Townhouse Garden 0 MUise 0 Highrise I I
Condition 01 the project. quality 01 construction, unk mix. etc.:
Are the common elements completed? U Yes 0 No W No, descrIle status 01 completion:
Are any common elements leased to or by the Home Owners' Association? U Yes U No W yes, attach addendum describing rental terms and options.
0escrIle common elements and recreational facilities:
PURPOSE OF APPRAISAL: The purpose of this appraisal is to estimate the market value of the real property that is the subject of
this report based on a quantitative sales comparison analysis for use in the mortgage finance transaction.
DEFINITION OF MARKET VALUE: The most probable price which a property should bring in a competitive and open market under
all conditions requisite to a fair sale, the buyer and seller, each acting prudently, knowledgeably and assuming the price is not affected
by undue stimulus. Implicit in this definition is the consummation of a sale as of a specified date and the passing of title from seller
to buyer under conditions whereby: (1) buyer and seller are typically motivated; (2) both parties are well informed or well advised, and
each acting in what he considers his own best interest; (3) a reasonable time is allowed for exposure in the open market; (4) payment
is made in terms of cash in U.S. dollars or in terms of financial arrangements comparable thereto; and (5) the price represents the
normal consideration for the property sold unaffected by special or creative financing or sales concessions' granted by anyone
associated with the sale.
. Adjustments to the comparables must be made for special or creative financing or sales concessions. No adjustments are necessary
for those costs which are normally paid by sellers as a result of tradition or law in a market area; these costs are readily identifiable
since the seller pays these costs in virtually all sales transactions. Special or creative financing adjustments can be made to the
comparable property by comparisons to financing terms offered by a third party institutional lender that is not already involved in the
property or transaction. Any adjustment should not be calculated on a mechanical dollar for dollar cost of the financing or concession
but the dollar amount of any adjustment should approximate the market's reaction to the financing or concessions based on the
appraiser's judgment.
STATEMENT OF UMITING CONDITIONS AND APPRAISER'S CERTIFICATION
CONTINGENT AND LIMITING CONDITIONS: The appraiser's certification that appears in the appraisal report is subject to the
following conditions:
1. The appraiser will not be responsible for matters of a legal nature that affect either the property being appraised or the title to it. The
appraiser assumes that the title is good and marketable and, therefore, will not render any opinions about the title. The property is
appraised on the basis of it being under responsible ownership.
2. The appraiser has provided any required sketch in the appraisal report to show approximate dimensions of the improvements and
the sketch is included only to assist the reader of the report in visualizing the property and understanding the appraiser's determination
of its size.
3. The appraiser will not give testimony or appear in court because he or she made an appraisal of the property in question, unless
specific arrangements to do so have been made beforehand.
4. The appraiser has noted in the appraisal report any adverse conditions (such as, but not limited to, needed repairs, the presence
of hazardous wastes, toxic substances, etc.) observed during the inspection of the subject property or that he or she became aware
of during the normal research involved in performing the appraisal. Unless otherwise stated in the appraisal report, the appraiser has
no knowledge of any hidden or unapparent conditions of the property or adverse environmental conditions (including the presence of
hazardous wastes, toxic substances, etc.) that would make the property more or less valuable, and has assumed that there are no such
conditions and makes no guarantees or warranties, expressed or implied, regarding the condition of the property. The appraiser will
not be responsible for any such conditions that do exist or for any engineering or testing that might be required to discover whether
such conditions exist. Because the appraiser is not an expert in the field of environmental hazards, the appraisal report must not be
considered as an environmental assessment of the property.
5. The appraiser obtained the information, estimates, and opinions that were expressed in the appraisal report from sources that he
or she considers to be reliable and believes them to be true and correct. The appraiser does not assume responsibility for the accuracy
of such items that were furnished by other parties.
6. The appraiser will not disclose the contents of the appraisal report except as provided for in the Uniform Standards of Professional
Appraisal Practice.
7. The appraiser must provide his or her prior written consent before the lender/client specified in the appraisal report can distribute
the appraisal report (including conclusions about the property value, the appraiser's identity and professional designations, and
references to any professional appraisal organizations or the firm with which the appraiser is associated) to anyone other than the
borrower; the mortgagee or its successors and assigns; the mortgage insurer; consultants; professional appraisal organizations; any
state or federally approved financial institution; or any department. agency, or instrumentality of the United States or any state or the
District of Columbia; except that the lender/client may distribute the report to data collection or reporting service(s) without having to
obtain the appraiser's prior written consent. The appraiser's written consent and approval must also be obtained before the appraisal
can be conveyed by anyone to the public through advertising, public relations, news, sales, or other media.
8. The appraiser has based his or her appraisal report and valuation conclusion for an appraisal that is subject to completion per plans
and specifications on the basis of a hypothetical condition that the improvements have been completed.
9. The appraiser has based his or her appraisal report and valuation conclusion for an appraisal that is subject to completion, repairs,
or alterations on the assumption that completion of the improvements will be performed in a workmanlike manner.
1OCH.
PAGE 2 OF 3
PnxIuced usingACI.....lIOO.234.8nl--..:iwelLCOIII
Fanrie Mae Form 2055 9-96
WOLFE & SHEARER APPRAISAL SERVICES
De.ktop Underwriter QuanUtaUve AnalV". AIIlN'a.... Re...rt
APPRAISER'S CERTIFICATION: The Appraiser cerlifies and agrees that:
1. I performed this appraisal by (1) personally inspecling from the street the subject property and neighborhood and each of the
comparable sales (unless I have otherwise indicated in this report that I also inspected the interior of the subject property); (2) collecling.
confirming. and analyzing !lata from reliable public and/or private sources; and (3) reporting the results of my inspection and analysis
in this summary appraisal report. I further certify that I have adequate information about the physical characterislics of the subject
properly and the comparable sales to develop this appraisal.
File No.: 07-058
2. I have researched and analyzed the comparable sales and offerings/listings in the subject market area and have reported the
comparable sales in this report that are the best available for the subject property. I further certify that adequate comparable market
data exists in the general market area to develop a reliable sales comparison analysis for the subject property.
3. I have taken into consideration the factors that have an impact on value in my development of the eslimate of market value in the
appraisal report. I further certify that I have noted any apparent or known adverse conditions in the subject improvements. on the subject
site. or on any site within the immediate vicinity of the subject property of which I am aware. have considered these adverse conditions
in my analysis of the property value to the extent that I had market evidence to support them. and have commented about the effect
of the adverse condilions on the marketability of the subject property. I have not knowingly withheld any significant informalion from
the appraisal report and I believe. to the best of my knowledge. that all statements and information in the appraisal report are true and
correct.
4. I stated in the appraisal report only my own personal. unbiased. and professional analysis. opinions. and conclusions. which are
subject only to the conlingent and limiting conditions specified in this form.
5. I have no present or prospective interest in the property that is the subject of this report. and I have no present or prospective personal
interest or bias with respect to the participants in the transaction. I did not base. either partially or completely. my analysis and/or the
estimate of market value in the appraisal report on the race. color. religion. sex. age. marital status. handicap. familial status. or nalional
origin of either the prospective owners or occupants of the subject property or of the present owners or occupants of the properties
in the vicinity of the subject property or on any other basis prohibited by law.
6. I have no present or contemplated future interest in the subject property. and neither my current or future employment nor my
compensalion for performing this appraisal is conlingent on the appraised value of the property.
7. I was not required to report a predetermined value or direction in value that favors the cause of the client or any related party. the
amount of the value estimate. the attainment of a specific result. or the occurrence of a subsequent event in order to receive my
compensation and/or employment for performing the appraisal. I did not base the appraisal report on a requested minimum valuation.
a specific valuation. or the need to approve a specific mortgage loan.
8. I estimated the market value of the real property that is the subject of this report based on the sales comparison approach to value.
I further certify that I considered the cost and income approaches to value. but. through mutual agreement with the client. did not
develop them. unless I have noted otherwise in this report.
9. I performed this appraisal as a limited appraisal. subject to the Departure Provision of the Uniform Standards of Professional
Appraisal Practice that were adopted and promulgated by the Appraisal Standards Board of The Appraisal Foundation and that were
in the place as of the effective date of the appraisal (unless I have otherwise indicated in this report that the appraisal is a complete
appraisal. in which case. the Departure Provision does not apply).
10. I acknowledge that an estimate of a reasonable time for exposure in the open market is a condition in the definition of market value.
The exposure lime associated with the estimate of market value for the subject property is consistent with the marketing time noted
in the Neighborhood section of this report. The marketing period concluded for the subject property at the eslimated market value is
also consistent with the marketing lime noted in the Neighborhood section.
11. I personally prepared all conclusions and opinions about the real estate that were set forth in the appraisal report. I further certify
that no one provided significant professional assistance to me in the development of this appraisal.
SUPERVISORY APPRAISER'S CERTIFICATION: If a supervisory appraiser signed the appraisal report. he or she certified and agrees
that; I directly supervise the appraiser who prepared the appraisal report. have examined the appraisal report for compliance with the
Uniform Standards of Professional Appraisal Practice. agree with the statements and conclusions of the appraiser. agree to be bound
by the appraiser's certifications numbered 5 through 7 above. and am taking full responsibility for the appraisal and the appraisal report.
APPRAISER: ~
Signature: ~:~....... ~\. 3-..to..h .
Name: William A. Bassett
Company Name: Wolfe & Shearer Appraisal Services
Company Address: 33 South Pitt Street
Carlisle. PA 17013
Date of Report/SignaltJ'e: 06127/2007
Slate Certification #: GA-001618-L
or Slate License #:
Slate: PA
Expi"ation Date of Certification or license: June 30. 2007
SUPERVISORY APPRAISER (ONLY IF REQUIRED):
Signature:
Name:
Company Name:
Company Address:
Date of Report/SignaltJ'e:
Slate Certification #:
or Slate License #:
Slate:
Expiration Date of Certification or License:
ADDRESS OF PROPERTY APPRAISED:
116 West Penn Street
Carlisle. PA 17013
APPRAISEDVAWE OF THE SUBJECT PROPERTY $ 55.000
EFFECTIVE DATE OF APPRAISAUlNSPECTlON 6/22/2007
SUPERVISORY APPRAISER:
SUBJECT PROPERTY
~ Did not inspect subject property
Did inspect exterior of subject property from Slreet
Did inspect interior and exterior of subject property
COMPARABLE SAlES
B Did not inspect exterior of comparable sales from Slreet
Did inspect exterior of comparable sales from Slreet
LENDERlCUENT:
Name: Christine White
Company Name: Christine White
Company Address: 2097 Stonebridge Drive North. Ann Arbor. MI 48"
lOCH.
PAGE 30F 3
Produced usinJ ACI s61M. D.234.8121 www.aciMItl.CClIlt
Wolfe & Shearer Realtors
F....e Mae Form 2055 9-96
DIMENSION LIST ADDENDUM
GROSS BUILDING AREA (GBA)
GROSS LIVING AREA (GLA)
Areals)
Living
Levell
Level 2
Level 3
Other
Basement
Garage
Measw1lments
Area Measurements
Factor
~x~x...1.Jlll.
~x~x...1.Jlll.
Area
1.280
840
840
o
o
o
o
State: PA
% of GBA
100.00
50.00
50.00
0.00
0.00
0.00
0.00
File No.: 07-058
Case No.:
1.280
1.280
ZiD: 17013
Total
Area Type
Level1 Level 2 Level 3 Other Bsmt. Garage
840 00
640 00
This km 11M JII'Olb:8S on Ih8 ACI DMIoprneIl RlpidFCI1IIS.... (IlOO) 234-8121
SUBJECT PROPERTY PHOTO ADDENDUM
Borrower: N1A N1A File No.: 07-058
Prooertv Address: 116 West Penn Street Case No.:
City: Carlisle State: PA Zip: 17013
Lender: Christine White
1.,1 1;.1
tl ;
J
FRONT VIEW OF
SUBJECT PROPERTY
Appraised Date: June 22, 2007
Appraised Value: $ 55,000
REAR VIEW OF
SUBJECT PROPERTY
STREET SCENE
COMPARABLE PROPERTY PHOTO ADDENDUM
Borrower: N1A N1A File No.: 07-058
Prooertv Address: 116 West Penn Street Case No.:
City: Carlisle State: PA ZiD: 17013
Lender: Christine White
COMPARABLE SALE #1
428 Factory Street
Carlisle, PA
Sale Date: 6/112007
Sale Price: S 59,900
COMPARABLE SALE #2
143 North Bedford Street
Carlisle, PA
Sale Date: 1211512006
Sale Price: S 53,000
COMPARABLE SALE #3
426 Factory Street
Carlisle, PA
Sale Date: 121612006
Sale Price: S 56,000
Borrower: N1A N1A File No.: 07-058
Prooertv Address: 116 West Penn Street Case No.:
City: Carlisle State: PA ZiD: 17013
Lender: Christine White
20.0' 20.0'
0 FIRST FLOOR 0 SECOND FLOOR
0 0
l:i l:i l:i l:i
On Concrete Slap
20.0' 20.0'
Sketch by Apex IV Windows 1M
AREA CALCULATIONS SUMMARY LMNG AREA BREAKDOV\IN
~ o.crlpIIon SIze T_ e-__ Subtotals
GLI\1 Firat I"loor 6tO.00 6tO.00 1'1~t noor
GLA2 SeCJOnd I'loor 6t0.00 6tO.00 20.0 z 32.0 6tO. 00
Second Floor
20.0 z 32.0 6tO.00
TOTAL LIVABLE (rounded) 1280 2 Areas Total (rounded) 1280
FLOORPLAN
LOCATION MAP
Borrower: N1A N1A
Prooertv Address: 116 West Penn Street
City: Carlisle
Lender: Christine White
File No.: 07-058
Case No.:
State: PA
ZiD: 17013
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LOCUS T
LOUTNER
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SOU1N 0:
MAP(Cl1984-2002 TELE LAS NA. INC
Prepared by: WoWe Shearer Realtors 717-243-1551
110 AcId.... Date PrIce RM BR Beth SllFt Proximity
8 116 . PBIIII 8'1' RIA RIA 5 3 1 0.00 I([
1 428 I'AC'l'OItY 1'1' 6/1/2007 511,1I00 5 2 1.5 1,142 0.20 I([ ..
2 143 R IlBDI'OllD S'1' 12/15/2006 53,000 5 2 1 840 o .211 I([ BIB
3 426 rAC'l'OaY S'1' 12/6/2006 56,000 6 3 1 1,284 0.20 I([ ..
WOLFE&SHEARER APPRAISAL SERVICES
File No. 07-058
......... INVOICE .........
File Number: 07-058
June 27,2007
Christine White
2097 Stonebridge Drive North
Ann Arbor, MI48108
Borrower:
NJA N1A
Invoice # :
Order Date:
Reference/Case # :
PO Number:
116 West Penn Street
Carlisle, PA 17013
Appraisal Report
$
$
225.00
Invoice Total
State Sales Tax@
Deposit
Deposit
$
$
($
($
225.00
0.00
)
)
Amount Due
$
225.00
Terms: Upon Receipt
Please Make Check Payable To:
WOLFE&SHEARER APPRAISAL SERVICES
33 South Pitt Street
Carlisle, PA 17013
Fed. I.D. #: 23-2385405
Thank you
WOLFE&SHEARER APPRAISAL SERVICES
Fie No. 07-059
APPRAISAL OF
Limited Appraisal Report
LOCATED AT:
122 West Penn Street
Carlisle, PA 17013
FOR:
Christine White
2097 Stonebridge Drive North
Ann Arbor, MI48108
BORROWER:
N1A N/A
AS OF:
June 22, 2007
BY:
William A. Bassett
PA General Certified Appraiser
WOLFE&SHEARER APPRAISAL SERVICES
Fie No. 07-059
June 27,3007
Christine White
2097 Stonebridge Drive North
Ann Arbor, MI48108
File Number: 07-059
Dear Sir or Madam:
In accordance with your request, I have appraised the real property at:
122 West Penn Street
Carlisle, PA 17013
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 June 22, 2007
is:
35,000
Thirty-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.
Sincerely yours
~:~.~... ~~
William A. Bassett
PA General Certified Appraiser
i1 FannieMae
De ktop Unclerwrlt
WOLFE & SHEARER APPRAISAL SERVICES
Qu lltall A ...
. ... en ve -.,. . AII....e.... R_lIOrt Fie No.: 07-059
THIS SlMotARY APPRAISAL REPORT IS INTENDED FOR USE BY THE LENDERlCUENT FOR A MORTGAGE FINANCE TRANSACTION ONLY.
Pmoertv Address 122 West Penn Street Cn Carlisle Slate PA ZG Code 17013
Leosl Desai>1lon Deed Book 29R1Paae 229 Countv Cumberland
Assessor's Parcel No. Tax 05-20-1798-139 Tax Year 2006/200 RE.Taxes$ 818.00 SoeciaI A5sessmerts $ N1A
Borrower N1A N1A CtmntOv.erMarion D. Cusoard Ocamant: I IOwner I ITenant rxlvacant
_Neighborhood or Proiect Name Borouah of Carlisle Proiect Type I IpUD r I Condominium HOA$ N1A /Mo.
Sales Price $ N1A Date of Sale N1A DesaiDUln/$ amount of loan chames/concessions to be oaid bv seier N1A
Pmoertv rinhls aooraised IXIFeeSirmIe 1 JLeasehold I Man Reference MaD 20-1798 Census Tract 0123.00
Note: RKe and ltIe racial lIIIIDOSltIon of ltIe _barhood are not aPlnlsa1 factors.
Location ~:rban 'Fx Suluban ~ Iml ., Propertyvalues I- lnaeasing.~ Stable ~:ni1g ~RI~famIy AGE PRICE AG!
Buil up X Over 75% 25-75% Under 25% Demand/supply I- Shortage X In balance Over~ $(oog>O Low <>10 $~ LOW~
Growth rate Rapid X Stable Slow Marketi1a lime Under 3 mos. X 3-6 mos. Over 6 mas.
Neighborhood boundaries West North Street to the south. North Pitt to the east. Lincoln Street to the 80 Hi!Ih 80 Hiah
north. North West Street to the west. PredomiIant Predoninant
50 50 N1A N1A
Dimensions See LEllIlII Description Site area .05 aaes Shape Irregular
Speciic zoning classilcalion and ~1lon Residential-Hiah Densitv Residential
Zoning compiance 00 Legal 0 Legal nonconfoming (Grandfathered use); D llegal, allach desaiplion R No zoning
HilIhest and best use of subiect property as imoroved (or as ans and SIl8Cificationsl: IX] Present use Other use. allach -tion.
UtIlities ~Iic Other Public Other (JJ.siIIt .....___. Type Public PFr
Electricity X Water ~ Street Macadam ~
Gas X Sanilarv ~ X AIev
IVe there anv.......- adwrse ste condiIions 1- '1 side areas. elC.y fl Yes fl No If Yes allach desa1l1lon.
Source(s) used nthysical characteristics of'd~ I l!J Interior andn~ inspection H ,Exterior inspection from street U Previous appraisal flies
n MLS Assessment and tax recor'ds Prior Insoection Pmoertv owner Other IDescribeI:
No. of Stories 2 T_ lDetJAn.1 Attached Exterior Wals Aluminum Roof Swface Metal ManufaCl\n!d Housino I I Yes rxl No
Does the conform to the neiohborhood in terms of stvIe. condOln. and conSllUction materials? IX I Yes I I No W No. attach desaiDUln.
D~ an~orent physical deficiencies or conditions that would affect the soundness or structural integrity of the improvements or the ivabity of the property?
Yes X No If Yes. attach desertotion.
IVe there any apparent a~ enOO~1 conditions (hazar'dous wastes. toxic substances. etc.) present in the inprovements. on the sie. or in the immediate vicinity of
the sub' Yes X No W Yes. allach desaioIion.
I researched the subject market area for comparable listings and sales that are the most sinilar and proximate to the subject property.
My Il!5elIch IlM!8Ied a lOOII of 2 sales ranging in sales price from $ 45.000 to $ 60.000.
My Il!5elIch I8'Ie8Ied a lOOII of 6 listings ranging in is! price from $ 32.900 to $ 59,900.
The anaNsis of the comoarable sales below reflects market reaction to sionilicant variations between the sales and the sub
FEATURE I SUBJECT SALE 1 SALE 2 SALE 3
122 West Penn Street 155 Lincoln Street 150 West Penn Street 140 West Church Street
Address Carlisle Carlisle PA Carlisle PA Carlisle PA
. . to Subiect 0.12MINW 0.03 MI W 0.33 MI SSW
Sales Price $ N1A $ 32 900 $ 42 230 $ 41 500
Pli:eIGross Lit. Area $ 0.00 III $ 35.76 III $ 24.13 III $ 45.50 III
0aIlI '" Veri. Scutes Court House RecordslMulti-List Court Hause RecordslMulti-List Court Hause RecordslMulti-List
VAlUE ADJUSTMENTS DESCRIPTION DESCRIPTION I.(.)s_ DESCRIPTION I .HS_ DESCRIPTION I .(.)S_
Sales or Financing Cash Conv , Conv
Concessions DOM8 DOM 137 DOM 23
Date of Salefrme N1A 3/3012007 : 3/2112007 : 12/1312006 :
Location Urban Urban , Urban Urban
SIe .05 aaes .02aaes : .03 acres : .04 acres :
View Residential Residential : Residential : Residential :
I DesiQn 1SlW!1 2Stv/Attached 2 storY/Attached 2 storY/Attached 2 storY/Attached
Actual Ade IYrs.1 100:1: vears 100:1: years : 100 :I: years : 100:1: years :
Condition Fair to Averaae Fair to Averaae : Fair to Averaae : Averaae :
Above Grade TaIII I Bctrns I IloII1s 10181 I Bdrms I IloII1s , 1a181 I Bdrms I IloII1s . 10181 I Bctrns I IloII1s
Room Count 6 : 3 : 1.00 6 : 3 : 1.00 : 6 : 3 : 1.00 : 5 : 2 : 1.00 :
Gross LWn Area 1 060 So. Fl. 920 So. Ft~ 1400 1 750 Sq. Ft~ -6 900 912 Sq. Ft~ 1480
Basernentand frished Partial Bsmt Partial Bsmt Partial Bsmt Full Bsmt
Rooms Below Grade Unfinished Unfinished Unfinished Unfinished -2 000
GaraoeJCalDCllt None None : None : None :
Heatina OHW/NaCA GFHAlNoCA GFHAlNoCA GFHAlNaCA
: : :
Net Adl. /totaR IIXI + I 1- '$ 1400 II 1+ IXI- ' $ 6900 I + IXI- '$ 520
~ Sales PrIce Gross: 4.3% Gross: 16.3% Gross: 8.4%
of r.nmnorables Net: 4.3% $ 34 300 Net: -16.3% $ 35 330 Net: -1.3% $ 40 980
Date of Prior Sales
Price of PrIor Sales 1$ $ $ $
Analysis of any current agreement of sale. option. or listing of the subject propetty and analysis of the prior sales of subject and comparables: The subiect Drocertv
has not been listed or sold within the oast three vears.
Summary of sales comparison and vakJe COI1IiIsion: The subiect Draoerlv and comoarables are located in within the Carlisle Market Area. Countv.
The comoarables are similar in aae style utilitv. and condition with oroaer adiustments made for differences. All the comoarables are
verified sales and are the best available.
This appraisal is made ~ "as-is". or U suqea to ~ per plans and speciications on the basis of a hypolheIicaI condition that the inIprovements have been completed. or
n subiectto the followino reoairs. alerations or conditions:
BASED ON AN UEXTERIORIoISPEC11ON FROM THE STREET OR AN ~~ANJEXTERIJRI\lSPECI1OI\l.IESlWA1ETHEMARKETVAWE.ASDEFND.
OFTHEREALPROPERTYTHATISTHESUBJECTOFntSREPORTTOBE$ 35,000 ,AS OF June 22 2007
lOCH.
PAGE 1 OF 3
Produted ~ ACl5llflIIM. 800.234.8121....ltWeb.cont
Fame Mae Form 2055 9-96
Desk
Unclerwrlt
WOLFE & SHEARER APPRAISAL SERVICES
Qu U II AMlI.. I
lop er .n .. ve IY. a Ap........ Report fie No.: 07-059
Project Infarm8tIon for PUDs Of applicable)--Is the developerlbuilder in control of the Home Owners' Association (HOAI? U Yes U No
Provide the followi1g information for PUOs only I the developerlbulder is in control of the HOA and the subject property is an attached dwelling unit:
TOOIII1IIOOer of phases N1A Total number of units Total number of units sold
T otaIl1IIOOer of units rerted Total number of units for sale Data Solml(sl
Was the project aeated by the conversion of existilg buldings into a PUD? D Yes D No n yes, stale date of conversion:
Does the project contain any multl-dweling units? B Yes D No Data Soute:
Are the common elements completed? D Yes No If No, describe stabJs of completion:
Are any common elements leased to or by the Home Owners' Association? U Yes U No If yes, attach addendum desaibing remal terms and options.
Oesaibe common elements and recreational facilties:
Project lnfcInn8tIon for ConcIomInlums (if applicable)--Is the developer/bu~der in control of the Home Owners' Association (HOA)? U Yes 0 No
Provide the folowing infonnation for al CondorniniJm Projects:
TotaIl1IIOOer of phases N1A Total number of units Total number of units sold
T 00I11111OOer of units rerted Total number of units for sale Data Solml(s)
Was the project created by the COIM!rsion of existing buldings into a condorniniJm? DYes D No 0' date of alIM!rSion:
Project Type: D Primary Residence D Second Home or Recreational D Row or Townhollse Garden D Midrise 0 Highrise r l
Condition of the prqject. quality of construction, un' mix. etc.:
Are the common elements completed? o Yes 0 No n No, desaibe stabJs of completion:
Are any common elements leased to or by the Home Owners' Association? U Yes DNa n yes, attach addendum describing rental terms and options.
Describe convnon elements and recreational facilities:
PURPOSE OF APPRAISAL: The purpose of this appraisal is to estimate the market value of the real property that is the subject of
this report based on a quantitative sales comparison analysis for use in the mortgage finance transaction.
DEFINITION OF MARKET VALUE: The most probable price which a property should bring in a competitive and open market under
all conditions requisite to a fair sale, the buyer and seller, each acting prudently, knowledgeably and assuming the price is not affected
by undue stimulus. Implicit in this definition is the consummation of a sale as of a specified date and the passing of title from seller
to buyer under conditions whereby: (1) buyer and seller are typically motivated; (2) both parties are well informed or well advised. and
each acting in what he considers his own best interest; (3) a reasonable time is allowed for exposure in the open market; (4) payment
is made in terms of cash in U.S. dollars or in terms of financial arrangements comparable thereto; and (5) the price represents the
normal consideration for the property sold unaffected by special or creative financing or sales concessions' granted by anyone
associated with the sale.
. Adjustments to the comparables must be made for special or creative financing or sales concessions. No adjustments are necessary
for those costs which are normally paid by sellers as a result of tradition or law in a market area; these costs are readily identifiable
since the seller pays these costs in virtually all sales transactions. Special or creative financing adjustments can be made to the
comparable property by comparisons to financing terms offered by a third party institutional lender that is not already involved in the
property or transaction. Any adjustment should not be calculated on a mechanical dollar for dollar cost of the financing or concession
but the dollar amount of any adjustment should approximate the market's reaction to the financing or concessions based on the
appraiser's judgment.
STATEMENT OF UMITlNG CONDITIONS AND APPRAISER'S CERTlACATlON
CONTINGENT AND LIMITING CONDITIONS: The appraiser's certification that appears in the appraisal report is subject to the
fOllowing conditions:
1. The appraiser will not be responsible for matters of a legal nature that affect either the property being appraised or the title to it. The
appraiser assumes that the title is good and marketable and, therefore, will not render any opinions about the title. The property is
appraised on the basis of it being under responsible ownership.
2. The appraiser has provided any required sketch in the appraisal report to show approximate dimensions of the improvements and
the sketch is included only to assist the reader of the report in visualizing the property and understanding the appraiser's determination
of its size.
3. The appraiser will not give testimony or appear in court because he or she made an appraisal of the property in question, unless
specific arrangements to do so have been made beforehand.
4. The appraiser has noted in the appraisal report any adverse conditions (such as, but not limited to, needed repairs, the presence
of hazardous wastes, toxic substances, etc.) observed during the inspection of the subject property or that he or she became aware
of during the normal research involved in performing the appraisal. Unless otherwise stated in the appraisal report, the appraiser has
no knowledge of any hidden or unapparent conditions of the property or adverse environmental conditions (including the presence of
hazardous wastes, toxic substances, etc.) that would make the property more or less valuable, and has assumed that there are no such
conditions and makes no guarantees or warranties, expressed or implied, regarding the condition of the property. The appraiser will
not be responsible for any such conditions that do exist or for any engineering or testing that might be required to discover whether
such conditions exist. Because the appraiser is not an expert in the field of environmental hazards, the appraisal report must not be
considered as an environmental assessment of the property.
5. The appraiser obtained the information, estimates, and opinions that were expressed in the appraisal report from sources that he
or she considers to be reliable and believes them to be true and correct. The appraiser does not assume responsibility for the accuracy
of such items that were furnished by other parties.
6. The appraiser will not disclose the contents of the appraisal report except as provided for in the Uniform Standards of Professional
Appraisal Practice.
7. The appraiser must provide his or her prior written consent before the lender/client specified in the appraisal report can distribute
the appraisal report (including conclusions about the property value, the appraiser's identity and professional designations, and
references to any professional appraisal organizations or the firm with which the appraiser is associated) to anyone other than the
borrower; the mortgagee or its successors and assigns; the mortgage insurer; consultants; professional appraisal organizations; any
state or federally approved financial institution; or any department, agency, or instrumentality of the United States or any state or the
District of Columbia; except that the lender/client may distribute the report to data collection or reporting service(s) without having to
obtain the appraiser's prior written consent. The appraiser's written consent and approval must also be obtained before the appraisal
can be conveyed by anyone to the public through advertising, public relations, news, sales, or other media.
8. The appraiser has based his or her appraisal report and valuation conclusion for an appraisal that is subject to completion per plans
and specifications on the basis of a hypothetical condition that the improvements have been completed.
9. The appraiser has based his or her appraisal report and valuation conclusion for an appraisal that is subject to completion, repairs,
or alterations on the assumption that completion of the improvements will be performed in a workmanlike manner.
lOCH.
PAGE 2 OFJ
PnIduc8d USing ACtscftMre, 1OO.234.8n1_8tMb.cont
Fame Mae Form 2055 9-96
File No.: 07-059
1. I performed this appraisal by (1) personally inspecting from the street the subject property and neighborhood and each of the
comparable sales (unless I have otherwise indicated in this report that I also inspected the interior of the subject property); (2) collecting,
confirming. and analyzing data from reliable public and/or private sources; and (3) reporting the results of my inspection and analysis
in this summary appraisal report. I further certify that I have adequate information about the physical characteristics of the subject
property and the comparable sales to develop this appraisal.
2. I have researched and analyzed the comparable sales and offerings/listings in the subject market area and have reported the
comparable sales in this report that are the best available for the subject property. I further certify that adequate comparable market
data exists in the general market area to develop a reliable sales comparison analysis for the subject property.
3. I have taken into consideration the factors that have an impact on value in my development of the estimate of market value in the
appraisal report. I further certify that I have noted any apparent or known adverse conditions in the subject improvements. on the subject
site, or on any site within the immediate vicinity of the subject property of which I am aware, have considered these adverse conditions
in my analysis of the property value to the extent that I had market evidence to support them. and have commented about the effect
of the adverse conditions on the marketability of the subject property. I have not knowingly withheld any significant information from
the appraisal report and I believe, to the best of my knowledge, that all statements and information in the appraisal report are true and
correct.
4. I stated in the appraisal report only my own personal, unbiased, and professional analysis, opinions, and conclusions. which are
subject only to the contingent and limiting conditions specified in this form.
5. I have no present or prospective interest in the property that is the subject of this report. and I have no present or prospective personal
interest or bias with respect to the participants in the transaction. I did not base, either partially or completely, my analysis and/or the
estimate of market value in the appraisal report on the race, color, religion, sex, age, marital status, handicap, familial status, or national
origin of either the prospective owners or occupants of the subject property or of the present owners or occupants of the properties
in the vicinity of the subject property or on any other basis prohibited by law.
6. I have no present or contemplated future interest in the subject property. and neither my current or future employment nor my
compensation for performing this appraisal is contingent on the appraised value of the property.
7. I was not required to report a predetermined value or direction in value that favors the cause of the client or any related party, the
amount of the value estimate, the attainment of a specific result, or the occurrence of a subsequent event in order to receive my
compensation and/or employment for performing the appraisal. I did not base the appraisal report on a requested minimum valuation.
a specific valuation, or the need to approve a specific mortgage loan.
8. I estimated the market value of the real property that is the subject of this report based on the sales comparison approach to value.
I further certify that I considered the cost and income approaches to value. but, through mutual agreement with the client. did not
develop them, unless I have noted otherwise in this report.
9. I performed this appraisal as a limited appraisal, subject to the Departure Provision of the Uniform Standards of Professional
Appraisal Practice that were adopted and promulgated by the Appraisal Standards Board of The Appraisal Foundation and that were
in the place as of the effective date of the appraisal (unless I have otherwise indicated in this report that the appraisal is a complete
appraisal, in which case, the Departure Provision does not apply).
10. I acknowledge that an estimate of a reasonable time for exposure in the open market is a condition in the definition of market value.
The exposure time associated with the estimate of market value for the subject property is consistent with the marketing time noted
in the Neighborhood section of this report. The marketing period concluded for the subject property at the estimated market value is
also consistent with the marketing time noted in the Neighborhood section.
11. I personally prepared all conclusions and opinions about the real estate that were set forth in the appraisal report. I further certify
that no one provided significant professional assistance to me in the development of this appraisal.
SUPERVISORY APPRAISER'S CERTIFICATION: If a supervisory appraiser signed the appraisal report, he or she certified and agrees
that; I directly supervise the appraiser who prepared the appraisal report, have examined the appraisal report for compliance with the
Uniform Standards of Professional Appraisal Practice, agree with the statements and conclusions of the appraiser, agree to be bound
by the appraiser's certifications numbered 5 through 7 above, and am taking full responsibility for the appraisal and the appraisal report.
APPRAISER: ~
Signature: ~:~....... \'\..~ .
Name: William A. Bassett
Company Name: Wolfe & Shearer Appraisal Services
Company Address: 33 South Pitt Street
Carlisle, PA 17013
Date of ReportISignature: 0612712007
State Certification #: GA-001618-L
or State License #:
State: PA
Expi'ation Date of Certification or License: June 30, 2007
SUPERVISORY APPRAISER (ONLY IF REQUIRED):
Signature:
Name:
Company Name:
Company Address:
Date of Repor1/Signature:
State Certification #:
or State License #:
State:
Expi'ation Date of Certification or License:
ADDRESS OF PROPERTY APPRAISED:
122 West Penn Street
Carlisle, PA 17013
APPRAISEOVAWEOFTHESUlJECTPROPERTY$ 35,000
EFFECTIVE DATE OF APPRAISAUINSPECTlON 6/2212007
SUPERVISORY APPRAISER:
SUBJECT PROPERTY
~ Did not inspect subject property
Did inspect exterior of subject property from street
Did inspect interior and exterior of subject property
COMPARABLE SALES
B Did not inspect exterior of comparable sales from street
Did inspect exterior of comparable sales from street
LENDERlCUENT:
Name: Christine White
Company Name: Christine White
Company Address: 2097 Stonebridge Drive North, Ann Arbor, MI 48'
lOCH.
PAGE 3 OF3
Ploduced... ACI...... 8lII23U721_.-Meb.COIW
Wolfe & Shearer Realtors
Fannie Mae Form 2055 9-96
DIMENSION LIST ADDENDUM
Area(s)
GROSS BUILDING AREA (GBA)
GROSS LIVING AREA (GLA)
living
level I
level 2
level 3
Other
Basement
Garage
Measurements
Area Measurements
Factor
.-4ll.QQ x ---1.QJlQ x --1.JlQ
~ x ~ x --1.JlQ
.-4ll.QQ x ---1.QJlQ x --1.JlQ
~ x ~ x --1.JlQ
Total
Alea
1,060
530
530
o
112
o
o
State: PA
% of GBA
100.00
50.00
50.00
0.00
10.57
0.00
0.00
File No.: 07-059
Case No.:
1,060
1,060
Area Type
ZiD: 17013
400 00
13000
Level1 Level 2 level 3 Other Bsmt. Garage
400 00
13000
x
X
T1isfannWlmjl'QlU:edflll..AClOewlIclpnldRapidFIlfIIISS,..(8IXJl2J4..l127
Borrower: N1A N1A
Prooertv Address: 122 West Penn Street
City: Carlisle
Lender: Christine White
State: PA
ZiD: 17013
FRONT VIEW OF
SUBJECT PROPERTY
Appraised Date: June 22, 2007
Appraised Value: $ 35,000
REAR VIEW OF
SUBJECT PROPERTY
STREET SCENE
Borrower: NlA NlA
Prooertv Address: 122 West Penn Street
City: Carlisle
Lender: Christine White
COMPARABLE PROPERTY PHOTO ADDENDUM
File No.: 07-059
Case No.:
State: PA
ZiD: 17013
COMPARABLESALE'1
155 Lincoln Street
Carlisle, PA
Sale Date: 3/30/2007
Sale Price: $ 32,900
COMPARABLE SALE '2
150 West Penn Street
Carlisle, PA
Sale Date: 3/2112007
Sale Price: $ 42,230
COMPARABLESALE'3
140 West Church Street
Carlisle, PA
Sale Date: 12/1312006
Sale Price: $ 41,500
Borrower: NJA NJA File No.: 07-059
Prooertv Address: 122 West Penn Street Case No.:
City: Carlisle State: PA liD: 17013
Lender: Christine White
3.0' 5.0' 10.0' 10.0'
I I
;1 I b b
t. t.
I
5.0' 5.0'
5.0' FIRST FLOOR I"'--
3.0'
Partial
SECOND FLOOR
Basement b b
~ ~
b b
~ ~
15.0' 15.0'
Sketch by Apex IV Windows 1M
AREA CALCULATIONS SUMMARY LIVING AREA BREAKDOWN
Code o.crtptlon - Totals Brukdown Sulltotala
GLlU Firat Floor 530 . 00 530.00 I'int fioor
GI.A2 Second I'loor 530 .00 530 . 00 10.0 z 40.0 400 . 00
pip Porch 70.00 5.0 z 26.0 130.00
Porch 42.00 112 . 00 Seoond Floor
10.0 z 40.0 400. 00
5.0 z 26.0 130.00
TOTAL LIVABLE (rounded) 1060 4 Areas Total (rounded) 1060
FLOORPLAN
LOCATION MAP
Borrower: N1A N1A
Prooertv Address: 122 West Penn Street
City: Carlisle
Lender: Christine White
File No.: 07-059
Case No.:
State: PA
ZiD: 17013
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110 AdcIn.. om PrIce RM BR BlIIh SaFt Proximity
8 122 . I'DII 8T _/A _/A 6 3 0.00 III
1 155 LIIICOLII I'l' 3/30/2007 32,1100 6 3 1 1120 0.12 III ..
2 150 . I'DII 8T 3/21/2007 42,230 6 3 1 1750 0.03 III .
3 140 . CHUltCH AV 12/13/2006 41,500 5 2 1 '12 0.33 III 88.
WOlFE&SHEARER APPRAISAL SERVICES
File No. 07-059
......... INVOICE .........
File Number: 07-059
June 27,2007
Christine White
2097 Stonebridge Drive North
Ann Arbor, MI 48108
Borrower :
N1A N1A
Invoice # :
Order Date :
Reference/Case # :
PO Number:
122 West Penn Street
Carlisle, PA 17013
Appraisal Report
$
$
225.00
Invoice Total
State Sales Tax @
Deposit
Deposit
$
$
($
($
225.00
0.00
)
)
Amount Due
$
225.00
Terms: Upon Receipt
Please Make Check Payable To:
WOlFE&SHEARER APPRAISAL SERVICES
33 South Pitt Street
Carlisle, PA 17013
Fed. I.D. #: 23-2385405
Thank you
2097 Stonebridge Drive North
Ann Arbor, MI48108
August 15,2007
Register of Wills
1 Courthouse Square
Carlisle P A 17013
To Whom It May Concern:
Enclosed please find a check for $15 to cover the processing fee
for an inheritance tax filing. The account is for Marion D. Cuspard
who resided at 116 W. Penn Street in Carlisle, P A 17013.
The required documents are in your office for filing.
Thank you for the phone call informing me of the fee.
Sincerely, _
~~ (!.~~
Christine C. White (executrix)
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