Loading...
HomeMy WebLinkAbout07-11-78 -, IN RE: PETITION OF MABEL K. WARD FOR PRIVATE SALE OF REAL PROPERTY IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENN SYL VANIA ORPHANS' COURT DIVIS ION NO. 3(.. ~- ~ ,1978 t::h.p.Jt..~!:) ORDER OF COURT AND NOW, to wit this II day of July, 1978, upon consideration of the within PETITION FOR COURT ORDER AUTHORIZING THE PRIVATE SALE OF REAL PROPERTY, it is hereby ORDERED that: A hearing on the within Petition for private sale be held on the Cj day of ~ ;':7'~:O:::' the Petitioner shall give notice of the hearing to Vance Leroy Kemberling and all other interested parties by publication once a week for three (3) successive weeks in the Cumberland County Law Journal and the Evening Sentinel in accordance with Local Rule 51.2 of the Orphans' Court Division of Cumberland County. :6 f !.Y:t' ~ 1, ~ /" A I. I - ' ~ '-'-''2f .-tl/..v,V f I c:> J I.; ; B...."... 10-' -I. ~~ .... . ,. " .. ,_l f.,/~ /'-2] . . " IN RE: PETITION OF HABEL K. WARD FOR PRIVATE SALE OF REAL PROPERTY IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVA.~IA ORPHANS' COURT DIVISION NO. , 1978 PETITION FOR COURT ORDER AUTHORIZING THE PRIVATE SALE OF REAL PROPERTY AND NOW this ,Joil'- day of June, 1978, comes Petitioner, Mabel K. Ward, and petitions your Honorable Court to authorize the private sale of real property pursuant to Chapter 83 of the Probate, Estates and Fiduciaries Code of Pennsylvania, Act of 1974, December 10, P.L. No. 293, ~ 17 e t seq, 20 Pa. C.S.A. ~8301 et seq, and in support thereof avers as follows: 1. She is the Petitioner in the above matter and is an adult individual residing at l515A East Caracas Avenue, Hershey, Dauphin County, Pennsylvania. 2. She is the owner of an undivided two-thirds (2/3) interest in fee simple in the subject real property, 402 Chestnut Street, West Fairview Borough, Cumberland County, Pennsylvania, sought to be sold; she having acquired such title as follows: A. Mabel K. Ward (then Mabel Kemberling) acquired title to the property in question by deed dated October 17, 1945, and recorded in the office for recording of deeds in and for the County of Cumberland in Deed Book "B", Volume 13, Page 220, which parcel of land is bounded and described as follows, to wit: ALL THAT CERTAIN piece or parcel of land situated in the Borough of West Fairview, Cumberland County, and State of Pennsylvania, bounded and described as follows, to wi t : BEGINNING at a point in the Northeast comer of the intersection of Fourth Street with a twenty (20) feet wide BOO\ 105 ?,~Gf. 421. " alley; thence Northwardly along the Eastern line of Fourth Street, forty (40) feet to a point; thence Eastwardly along lands of Frank R. Bretz and Ester V. Bretz, one htmdred twenty-nine and two-tenths (129.2) feet, to the Western line of a twenty-five (25) feet wide alley; thence Southwardly along the Western line of said twenty-five (25) feet wide alley, forty (40) feet to the northern line of the twenty (20) feet wide alley aforesaid; thence Westwardly along the northern line of said twenty (20) feet wide alley, one htmdred thirty (130) feet to a point, the place of BEGINNING. B. Habel Kemberling subsequently granted and conveyed said parcel tmto Mabel Kemberling and Howard V. Ward by deed dated March II, 1949, said deed being recorded in the office for recording of deeds in and for the COtmty of Cumberland in Deed Book II e", Volume 14, Page 71. C. Mabel Kemberling and Howard V. Ward subsequently granted and conveyed said parcel tm to Mabel A. Kemberling, Howard V. Ward and Vance Leroy Kemberling by deed dated November 15, 1950, said deed being recorded on March 17, 1965, in the office for recording of deeds in and for the COtmty of Cumberland in Deed Book "P", Volume 14, Page 277. D. Mabel Kemberling and Howard V. Ward were married on Jtme 10, 1952, and on April 26, 1955, Howard V. Ward died testate, leaving his entire estate, real and personal, to Mabel Kemberling by his Will which is recorded in the office of the Register of Wills in and for the County of Cumberland in Will Book 49, Pages 257-258; said bequest leaving Mabel K. Ward as owner of an undivided two-thirds (2/3) interest in the parcel together with Vance L. Kemberling, an adult, owner of an tmdivided one-third (1/3) interest in the parcel, as tenants in connnon. 3. The above Vance L. Kemberling, who would now be fifty-three (53) years of age, owner of an tmdivided one-third (1/3) interest in the parcel as tenant in connnon, is a party in interest and his present address is tmknown to your Petitioner. ... t'"\,.... ~"I: AI ,.),) nOOK .L tlJ f,.L. "1~N -2- , . " 4. Petitioner has attempted to contact Vance L. Kemberling, her son, who on or about August 8, 1957, left his then place of residence, 320 Third Street, Borough of West Fairview, Cumberland County, Pennsylvania, and has been absent and unheard of since that date, through known relatives, i.e. his wife, Mabel Shaull Kemberling (now deceased) and by forwarding a letter by certified mail, return receipt requested, together with a self- addressed envelope to the Social Security Administration, Baltimore, Maryland, all of which effort proved to be of no avail. 5. On or about June 5, 1967, a Petition For Declaration of Death of a Presumed Decedent Residing in Pennsylvania was filed by Petitioner, seeking a Court Order decreeing the presumption of death of said Vance Leroy Kemberling, which Petition is filed in Will Book 96, Pages 95-97. 6. On or about August 1, 1967, a Motion to Withdraw Proceedings was filed by Keith B. Quigley, Esquire, Attorney for Mabel K. Ward, averring that investigation had disclosed the probable existence of said Vance Leroy Kemberling. 7. t.fuile inves tigation reveals that said Vance Leroy Kemberling is probably alive, in that the Social Security Administration reports tax withholdings by an employer under the social security number of said Vance Leroy Kemberling, the Social Security Administration will not reveal his whereabouts, such that said Vance Leroy Kemberling is not available to consent to or othenvise join in the sale of the subject property, nor will he otherwise voluntarily appear in the above proceeding. 8. The property in question is described as follows: A. That piece or parcel of land located at 402 Chestnut Street, Borough of Fairview, Cumberland County, Pennsylvania, the description of which BOO?: 105 r),C: , . . .' /~'rJ -, ,.." -3- appears more fully in Paragraph 2 A above and is incorporated herein by reference. B. Improvements on the land consist of a single family frame house and a garage. C. The land and improvements thereon are presently subject to a leasehold interest, said interest to expire July 1, 1978. D. The current rental value of the property is One Hundred Twenty- Five ($125.00) Dollars per month, all utilities excluded. E. The total tax assessmen t of the land and improvements for the year 1978, is Two Thousand Three Hundred Eighty ($2,380.00) Dollars ($2, 190-building; $190-land). F. The property is subject to no outstanding liens or charges. 9. It is in the best interest of Petitioner, Mabel K. Ward, and her son, Vance Leroy Kemberling, that the property identified in Paragraph 8 above should be sold at private sale, with one-third (1/3) of the proceeds representing the interest of Vance Leroy Kemberling being placed in trust for him or otherwise disposed of as this Court shall direct for the following reasons: A. Petitioner is of advanced age, being eighty-three (83) years of age, and is needful of income with which to meet her daily needs and requirements. B. Petitioner is no longer physically capable of caring for, maintaining or otherwise preserving the value of said property. C. Said property is in a state of physical deterioration. BOOX 105 F,'.CE 4~;:! -4- D. Petitioner does not possess the financial means to care for, maintain, or otherwise make productive said property. 10. The property is not subject to any trust, charity or any other purpose which would be prejudiced by private sale. 11. The limitation on alienability from which the title is to be freed is the absence and unavailability of Vance Leroy Kemberling, owner of an tmdivided one-third (1/3) interest in said land and tenant in common with Petitioner, for the purpose of consenting to or otllerwise joining in the sale of the subject property. 12. Samuel J. Lockey of 314 Fourth Street, West Fairview, Cumberland County has agreed to purchase the subject premises for the sum of Ten Thousand ($10,000.00) Dollars. 13. The sale of the subject premises is to be effected pursuant to an Agreement of Sale which requires payment of Two Thousand Five Hundred ($2,500.00) Dollars by the date of settlement, with the balance to be paid over a term of fifteen (15) years with interest at nine (9%) per cent per annum, provided that the buyer shall within two years from the date of settlement pay the outstanding balance or convert it to a permanent mortgage with a bank or savings and loan association or other appropriate financing institution. (A copy of the Agreement of Sale dated Harch 17, 1978 t is attached hereto and marked Exhibit "A"). 14. The purchase price of Ten Thousand ($10,000.00) Dollars agreed upon by your Petitioner and Samuel J. Lockey is better than can be obtained at a public sale, as said property has a current appraised value of Ten Thousand Five Hundred ($10,500.00) Dollars and is rapidly deteriorating. (A copy of the tin"\' 10 - r~r[ 4'":-. D\. v" :J I r ". - "".) -5- appraisal of the subject property is attached hereto and marked Exhibit liB"). 15. The purpose of this proceeding is to obtain a Decree pursuant to Chapter 83 of the Probate, Estates and Fiduciaries Code of Pennsylvania, Act of 1974, December 10, P.L. No. 293, U7 et seq, 20 Pa. C.S.A. ~830l et seq, stating that the title transferred to the purchaser at private sale shall be indefeasible by Petitioner, Mabel K. Ward, and Vance Leroy Kemberling. WHEREFORE, Petitioner, Mabel K. Ward, respectfully requests this Honorable Court, pursuant to Chapter 83 of the Probate, Estates and Fiduciaries Code, Act of 1974, December 10, P.L. No. 293, ~17 et seq, 20 Pa. C.S.A. ~830l et seq, to: A. Schedule a hearing on the within Petition; B. Direct that notice of the hearing be given to Vance Leroy Kemberling and all other interested parties by advertisement once a week for three (3) successive weeks in the Cumberland County Law Journal and the Evening Sentinel in accordance with Rule 51.2 of the local rules of the Orphans' Court of Cumberland County; C. Authorize the private sale of the real property identified as 402 Chestnut Street, West Fairview, Cumberland County, to Samuel J. Lockey for the sum of Ten Thousand ($10,000.00) Dollars and order that the title to said property be free and clear of any and all interests, liens, and encumbrances of whatsoever kind; D. Appoint a trustee to hold in trust that portion of the proceeds of the sale, less Attorney's fees and costs, as represents the undivided one- 1\'" .....' 10:::: F. . ,. A " -, ,J)....\ . d . t.i.;:~ i..~..:::.'I.) -6- " third (1/3) interest of Vance Leroy Kemberling. E. Any other relief as the Court shall deem appropriate. AND she will ever pray, "oJ!. 0 Itn / \~ 'J.-eL (;1'17 )L~f Mab 1 K. Ward James R. Humer, Esquire Farmers Trust Building One Wes t High Street Carlisle, PA. 17013 J. Stephen Feinour, Esquire of Nauman, Smith, Shissler & Hall 6 North Third Street P.O. Box 840 Harrisburg, PA. 17108 Attorneys for Petitioner ~JO?; 1,05 r,~I::- 4~;::7 -7- CO}1MONWEAL TH OF PENNSYL VANIA: ss: Com~TY OF DAUPHIN Personally appeared before me, the undersigned officer, l~EL K. WARD, who, being duly sworn according to law deposes and says that the facts set forth in the foregoing Petition For Court Order Authorizing The Private Sale of Real Property are true and correct to the best of her knowledge, or infonnation and belief. . i i/f' ','/) (?y"'.fL lv' . f,' _ ~ Mabel K. Ward ( ) 1/,;; ,d ,r,; ,~I'LL" SWORN and SUBSCRIBED BEFORE me this 3...""''; day .oLJune, 1978. ," " ,"'<.. It it 1/" ,." 0 \ .." " I ~('. _~-' ,"/. ,,,:, ~ C () ... " ,.,- -.-1'''''' ''/' . ;;:tJ .~. ..,y.... ~.'.' ~~ f j. ../ = . c^-~>:,:~~ ,~<~~~~/ ~ --<: ~ Net:~t')f~ql;lic /1" ~ ""0 'f /., , i>..; . : -:-;"'~~>~ ACl.\~i~o{ Expires: ---;'(/;.:......').>> ...... I~.. - .. 7..\-" '" If ," t f \" \ \".., ~ :::lOFF . NOTARY PUBLIC .. :)wi'sllp. DJl.:phin County :n:::isio:1 Expires March 15,1932 ""0'" 10;-' ,o.'r ""':3 n:; 'I' .) ',:'1'. C'.'. [r _.. lo ........' ,-'_ .'., .....", ('~"'~ .~ - ;........:.. ( :W'~~AGREEtM~ENT '{:lR THE~LE'OF REAL t'TATE ~~::, THIS AGREEMENT made and entered into this~ of ~""'A t7 L 19~etween C. M. Detweiler, Inc., . Camp Hill, Pa., as Agent for the 0 ner, hereinafter called'Seller, Nr;'+F ~.':C (.',J hereinafter called Buyer' The Buyer hereby agrees 0 buy from seller and seller hereby agrees to sell and convt;Y to buyer the property situ a e: 'i ').' ~ ../) ~ ~.^ )n ./::;.-.. ~~ '" upon the terms and conditions as follows: I. PRICE: $ /&/ OOCJ at signing this Agreement, receipt of which is hereby a~O~dged check~' note 0 cash n On or before the r.I. ay of ~h ~ ~ 'f.. , 19~ cash Cash, cashiers check, or certified c eck at settlement Financing: Type~Terminal date for obtaining mortgage comm. itment .- 6~h ~Term Maximum Interest Rate Y -no "'/ ~ Total Price . ?-. SPECIAL CLAU~ES .L ../. $ /S'71 - $ __-3 ~.-/\ $ :;:L ~ CJ r> rt '-;r) $ / .~ L.'C C' ~ /-.- ~ )<.1 -':< '1 /1 A _ :/. -/ .. _f) 0' - '7,..--r:--: ~h--. - . -J- .", "/ (/ I - L~ ~ ~r' , , _ {, ,. SEITLEMENti)?Pon the failure of the Buyer to make settlement by paying the purchase money in full on or before * -,~-' Ii ."" 1.9~ <?: w.ithin any extension o~ t~e s~ttlement date, this Agre,ement shall be void ~d the amount p~id by the Buy r sha e forfeIted as hqUldated damages. ~16S+en-i5~.-M.,..~t-we*e-r....-litE:.,..~.w~+ut-~F-floet~~ ItM+i~&,-4fle-~t1e-ffleM-.tJItt-e-t>f.-tftt~'^1:reement-f__lt'l'~~~l<Ceed-n-inety-(ge1-dftys. Formal tender of deed is hereby waived. It is understood and agreed that if after full cooperation of the Buyer, aforesaid financing is not approved, the deposit will be re- turned, less any expense incurred on behalf of the Buyer. Time to be the escence of this agreement. 4. PERSONALTY: All plumbing, heating and lighting fixtures, and systems appurtenant thereto and forming a part thereof, as well as all ranges, laundry tubs, T.V. antennas, masts and rotor systems, together with screen, storm sash and/or doors, shades, awnings. ven~- tian blinds, couplings for automatic washers and dryers, etc., radiator covers, cornices, kitchen cabinets, drapery rods; drapery rod hard. ware, curtain rods, curtain rod hardware, fixtures, other permanent fixtures, etc., all trees, shrubbery, plantings now in or on property, and remaining heating and cooking fuels stored on premises, if any, unless specifically excepted in this agreement, are included in the sale and purchase price. None of the above mentioned items shall be removed by Seller from premises after date of this agreement. Seil- er hereby warrants that he will deliver 'good title to all the articles d.:scribed in this paragraph, and any other fixtures or items of per- sonalty specifically scheduled and to be included in this sale, which are listed as follows: . \ S. TRANSFER TAXES: Real Estate transfer taxes shall be divided equally between Buyer and Seller unless otherwise indicated. .~ /J 6. POSSESSION: Possession is to be given of ------ dollars per day will be paid by Rental at the rate until --- is granted as above: 7. ADJUSTMENTS AT SETTLEMENT: Taxes, rent. water, sewer rents, trash disposal charges and other assessments shall be ap- portioned to date of settlement. 8. RISK OF LOSS: Seller assumes the risk of loss or damage through fire or other casualty prior to settlement. 9. TITLE: Title is to be good and marketable, free of all liens and encumbrances (excepting zoning regulations, reservations, ease- ments, and restrictions of record). 10. REJECTION OF TITLE: In case material defects are found in the title, and so reported, then, if such defects are not cured by the Seller within sixty (60) days of the notice, or on or before the settlement date, whichever later shall occur, the contract shall become null and void and moneys paid by the Buyer shall be returned, at the option of the Buyer. Seller agrees to the application of so much of the purchase money as required to the payment of liens and encumbrances at settlement. 11. AGENT: It is expressly understood and agreed between the parties hereto that C. M. Detweiler, Inc., his salesmen and employ- ees or any officer or partner of C. M. Detweiler, Inc., and any cooperating broker and his salesmen and employees and any officer or partner of the cooperating broker are acting as agent only and will in no case whatsoever be held liable either jointly or severally to ei- ther party for the performance of any term or covenant of this agreement or for damages for the nonperformance thereof. 12. REPRESENTATIONS: It is understood that Buyer has inspected the property or hereby waives the right to do so and he has agreed to purchase it as a result of such inspection and not because of or in reliance upon any representation made by the Seller or any officer, partner or employee of Sellfr, or by the agent of the Seller or any of the latter's salesmen and employees, or by a cooperating broker, if any, or any of his salesmen and employees and that he has agreed to purchase it in its present condition unless otherwise specified herein. It is further understood that this agreement contains the whole agreement between the Seller and the Buyer and there are no other terms, obligations, covenants, representations, statements or conditions, oral or otherwise of any kind whatsoever con- cerning this sale. Furthermore, this agreement shall not be altered, amended, changed or modified except in writing executed by the parties hereto. 13. DEPOSITS: Deposits or hand monies shall be paid to agent for Seller, who shall retain the same until consummation or termi- nation of this agreement in conformity with the Real Estate Brokers License Act of 1929, as amended. and Regulations thereto now ex- isting or hereafter published by the State Real Estate Commission. 14. APPROVAL, AND RECEIPT: This Agreement is subject to the approval of the Seller. All parties hereto hereby acknowledge receipt of a fully-executed copy of this Agreement. IS. BINDING EFFECT: This Agreement to be binding on the heirs, executors, administrators. and assigns of the parties hereto as well as the parties themselves. 16. DESCRIPTIVE HEADINGS: The descriptive headings used herein are for convenience only and they are not intended to in- dicate all of the matter in the sections which follow them. Accordingly, they shall have no effect whatsoever in determining the rights or obligations of the parties. JI jil ~ IN WITNESS WHEREOF, the parties hereto, intending to BUYER Y.. (/ be legally bound hereby, have hereunder set their hands and :c:- ".,.u\.C , .). AY seals the day and year first above written. ....;; (SEAL) WITNESS AS4 L ~./ ~ -::A BUYER ~. :~::~).n: '~/-. - -. 1J{~~j TO BUYER ...: AC:- Seller hereby approves the above contract this -:;-.-2/_ (SEAL) BUYER day of - .}"~ ~ '( C ;;" (SEALf 7f{ A.D. 19 WITNESS,^S/ / h1 /7 --/ TO SELLEr.z..-a:d.x-./--. :?~. i~ ..- WITN ESS AS . (j TO SELLER _7. ~J [) ! / ~ SELLER ~~~r=:~E)I,-~R; I~C.,./( C/. ;>/5 / / .t.. (SEAL) / ..' Agentfofaforesaid /: J!tmIBIT llA" Cl-0.1 /{ I SELLER , e.. ,'}n {'I/~ . SELLER I (SEAL) (SEAL) (SEAL) I ~ I I I ! j ASSOCIATES Real Estate · Appraiser + Counsellor (717) 761-6666 LTD. 1205 Market Street . Lemoyne, Pennsylvania 17043 December 14. 1977 "to r ~ " ~ Mrs. Mabel K. Ward 1515A East Caracus Hershey. Penna. ( '!:- ~l J :,1 J IN RE: 402 Chestnut Street West Fairview. Penna. <~ Dear Mrs. Ward: Pursuant to your request. I have appraised the above captioned property. This appraisal was made to estimate the market value of this property. 1 i i 1 > q 1 Market value is defined as: "At a given time, the li.ghest price in terms of money which a buyer would be warranted in paying and a seller justified in accepting, provided both parties are fully informed, acted intelligently and voluntarily, and further. that all rights and benefits inherit in or attributed to the property were included in tf1le transfer." j ~ This property. in my opinion, had an estimated market value as of December fl. 1977. of: .~ .. Ten Thousand Five Hundred ($10.500) Dollars :~ ..'! 'f Employment in and compensation for making this appraisal are in no manner contingent upon the value reported. and I certify that I have no financial interest in the property appraised, present or contemplated. Or in any mortgage secured thereby. ~ ~ I , , i I l J K. Jesse Reitenbach. SRA, ASA, SR/WA, CRA ~ ---------..;- ~ K. Jesse ASSOCIATES ~ EITENBACH LTD. PROPERTY AODRESS Real Estate · Appraiser . Counsellor (717) 761-6666 1205 Market Street . lernoyne, Pennsylvania 17043 c SUBDIVISION 402 Chestnut Street DIMENSIONS 40 x 127 lEVEL BASEMENT ',r FLOOR 2nd FLOOR OTHER ROOMS FOYER lIV. RM. c ARCHITECTURE - STYLE I YEAR BUilT 1920 YEAR REMODELED 19 o PROPOSED C LAS S: I8J Cusrom Built o Speculative o Prefabricated. Modular N U M B E R 0 F S TOR I E s: DOne o One and One-Half ~Two o Thr eP. OSPlit level o BI.Level o F 0 UNO A T ION: ~ H.I,emenr 100 % o Pouled Concrete ~ Concrete Block l8J Concrere Floor X outside entry E X T E RIO R W All S: o Won,! S'dlr1g . 0 Alurmnum Sldlr1g o Blick Veneer Facing o Br Ick Veneer o BlIck on Block OSIOlle e51 asphalt siding POSTAL ADDRESS TWP. West Fairview r STATE PENNA. 1TOPOGRAPHY BELOW ABOVE g) LEVEL OSLOPING 0 STREET 0 STREET ROOMS KIT. BEDRMS. DIN. RM. DINETTE 1 WIN 0 0 W S: (2g Wood o Aluminum ~ Double Hung o Casement o Flex Vent o Comb. Storm & Screens o o Steel o Thermo F L 0 0 R CON S T R U C T ION: o Concrete Slab IE] Std. Wood Joist o One Inch Sub Floor o Plywood Sub Floor 1?9 Hardwood Floor o Softwood Floor DVinyl Tile o Wall to Wall Carpel ~ linoleum H EAT I N G: o Gas ~ Oil ~ Air 0 Water o Forced G:Sl Gravity o Baseboard o Radiators or Convectors o Radiant Panels o ElectriC o Central Air Cond. 181 no heat on 2nd fl r. DCoal o Steam o Space P l U M BIN G: 181 Galv. Iron o Copper o Plastic o ITumble Over) r HIGH SClln,)l 11 mi " - --- ILANDSCAPING InNONE I8IAVERAGE DABOVEAVo~~Ci_E~ OEN FAMILY RM. BATHROOMS: linoleun (g) Tile Foor 11 II:) ~~i<: [8) Tile Wainslot 11 10 Fiberglass ~ Carpet Floor 1 I ~lXJl6(J" ub 1 11 Shower Over Tub 1 I O ~Metal Stall Shower (I Ceramic o Vanity <<I Fiberglass o Exhaust Fan<< I B Fixture Quality o Custom 0 Average ~Lower K I TC HEN: o Vinyl Floor 0 Carpet g) Free Standing Oven & Range o Built.ln Range & Oven o Dishwasher o Garbage Disposal o Exhaust Fan o Wood Cabinets o Metel Cabinets o Tile Counter Tops o Formica Counter Tops o Formica Splash Panels o BATHS PARTIAL BATHS IUTILlTY RM. L L r ROOMS PER UNIT Boro o CENTRAL CITY LIMITS DISTANCES \TRANSPORTATION1CENT. BUS. D1ST. I STORES 1 GRADE SCHOOL ~ ESTABLISHED SUBURBAN TO: 1 mi 1 1/2 mi 1/2mi! 1 mi o OUTLYING ODEVELOPING N E I G H 80 R HOOD TYPE OF DEVELOPMENT: 0CUSTOM BUILT OINDIVIDUAL SPECULATIVE OTRACT DEVELOPMENT BUILT UP 98 PRICE RANGE OF TYPICAL HOUSES r AGES OF TYPICAL HOUSES I INCOMt: RANGE OF TYPICAL FAMILIES S 5,000 TO $ 25,000 30 TO 100 YRS. $ 6,000 TO $ 10,000 .. STREET PAVING I WATER SYSTEM I SEWER SYSTEM o CONCRETE 0ASPHALT DGRAVEL 0PUBLlC o PRIVATE eg PUBLIC OPRIVATE OTHER IMPROVEMENTS: IGIVE ZONING OR OTHER PROTECTION NEIGHBORHOOD OCCUPANCY o CURB OSIDEWAlK (8JGAS !8JElECTRICITY Residential g]HOMOGENEOUS nTRANSlTIONAl lAND USE OTHER THAN SINGLE RESIDENTIAL WITHIN 500 FT.. OR BEYOND IF PERTINENT: Firehouse SITE 3 I TOTAL NUMBERS FINISHED ROOMS 6 FAMIL V UNITS CONSTRUCTION DETAilS ROOF: ~ Asphalt Shingles o Wood Shingles DSlate o Tar & Gravel o Metal o DHip ~ Gable OFlat 1 1 I N T E RIO R FIN ISH: o Plaster 0 Drvwall [gJ Softwood Trim o Panelled ~ compostition board CAR S TOR AGE: l2SJ Gara.98 0 Carport o Attached g) Detacherf o In Basement o Two Car o Overhead Door l8l Hinged Door o Concrete Drivewav D Asphalt Driveway o !.\terior Finished o ~ One Car o Automatic PO R C H: 121 Open Patio or Stoop o Screened Porch o Enclosed Porch o MIS C ELL A N E 0 U S: o Fireplaces I I o Roof Insulation o Wall Insulation o Water Softener ~ Circuits & Wiring InadeQu:lte ~ O Adequall' 0 . Inter-com [8) fence COMMENTS: R. room arrangement and condition of house and groundL Exp'aln any detrimental comment. House in need of rewiring, remodeling, painting, repairing. Heating system is anti- quated and should be replaced. No heat on the second floor. Wiring is a mass of extension cords. Interior walls need repai red and painted. C.., ODow'."" TAXES: .........J.?J......................... (approJC.t Ec~nomic life ....1.Q..y.f:ii\r..$............ Trend is 0 Up (8] Static COMMENT: Neighborhood Type stuctures ..~...~ ~Q.r.y...1..JLG...~.tQ r..'::I.,...8.QD.~b............................................. Condition .f.~tr...~Q..QQ.2.r. Any area detrimental influences: location next to firehouse This property could rent for $ .........?Q.............. per month: X G R M of 1 40 = $ .....~.,.f?Q.Q. This marketability of this property is ..f.9.!r.:....... Recommended necessary repairs and possible cost Perimeter drawing of building. :7 ;z/ )i It' IV '7 ESTIMATED REPLACEMENT COST: Main bu ild ing ...... ..... ............... ..... ...... ................ .........................1..1 J ~L.sCft. @I $ Pool. Barn. Out Buildings - ................................................................... ft. @ $ Garage or Car Port .......................................................................?.1.Q..:5Cft. @ $ .........?.1..,;;\.Q....... .... ................................ ." .....J.Q... .?l'?...... ..... la nd scapin 9, pay in 9, fence, ete. ................... ................................................ ................................ ............. Total present replacement cost of buildings and improvements ....................................................................... Allowance for depreciation and obsolescence ...........7.9........% Net condition .......~Q.......... % ............... Site va I ue by com par ison ............... ......... ........ .... ......... ...................... ................... ....... ........... ...?.~.J.9..t...... SUMMATION Addr... Data BUILDING Sala Price SQ.lcu. Ft. C' . . ..,: .::-,> $ .....G.$.,s.7..9.fl...................... $ ...... ............. ...... .................. $ ........?,s..l.Q~................ ...... $ .......J.~.Q.Q9....................... $ .....;??.\.1.?.;?....................... $ ........l?".g.?l............. $ ........?...QQQ................. $ ..... 19.0\ .g.? 7........ .......... ...... GARAGE SQ./cu. Ft. Lot 5i1. No.1 COMPARABLE No.2 PROPERTIES: No.3 424 State Road 7-77 14 900 1252 234 25x130 ......................................... ............. ............ ................. .... ..... .1..................................................................................... .. ~?.1...~ ~~.~~..'39. e9........................... ....?::??.... ..........~,..9. 9.9........ ..1.:! ~~......... -.. ................. ...!?-9 ?S~.Q....... .... ..f??.. E .':9D.~..~.~r..~.~t_................ ......... ~ .::? .?............ . ~,.. ?9.9 ..........1 .?!?9...............?. Q9....... .1..1. ~?<; 2.Q........... VALUE BY MARKET APPROACH: $ ..J.Q~.~9.Q.................. CERTIFICATION: I/we hereby certify that I/we have examined the property as described in this ap aisal and believe that its reasonable present market value is $ ................JP....QQQ........................ ......... and tt t I have no interest, ::::.~~~::.~.;:.t.~!~;~~.:=::.~::~~=:-:.:'..~:~. (", ", ~ ........................................................................................ r .. ~ ~ H zo ~ Z ??a i Ul~~ ~ ::r:: >~~ ~ ~ t:-< H .. :I MO~ Ul ~ :;dH ;Q T./J. OHO fg'"%j'\:l :!l m '"%jN2 OM (') Ul 111 ~ H ~:;d~ 0 m ;Q ~ r fgZ'"%j C:::c c: Gl ~ ~ 00 '\:l~ :;d c ;Q z E= ::i: ~ :;d '\:l:;dH ~ [ 9 111 ~(") :;dHO ;Q 0 O<:Z ~ t:::l " 11 m T./J. "T1 '\:lMO '\:l> \D H , 111 c: =: :!! ~ c::: M~O -...J <:.. z () O'\:l:;d :;d '"%j coH Z r ~ Ul lJ r/J. 111 ~~~ ~~~ en -< r/J. Ul H Z :;d<:0 ~ r Gl ~ < ~~~ ~ MM z ~ t:-< ~ ~ :;d 0 '"%j~ . = ~ ~ ~ :;d t:::l