HomeMy WebLinkAbout01-12-12 (3)1505611188
REV-1500 EX (02-">iFo
pennsyivania OFFICIAL USE ONLY
PA Department of Revenue •u~.mtn,~e,awc
County Code Year File Number
Bureau of Individual Taxes INHERITANCE TAX RETURN
PO BOX 280801 '-
Harrisburg, PA 17128-0801 RESIDENT DECEDENT 21 11 0 6 2 0
ENTER DECEDENT INFORMATION BELOW
Social Security Number Date of Death MMDDYYYY Date of Birth MMDDYYYY
171 28 7003 04 12 2011 06 24 1924
Decedent's Last Name Suffix Deceden's Frst Name MI
Mowery Donn H
(If Applicable) Enter Surviving Spouse's Information Below
Spouse's Last Name ~ Suffix Spouse's Frst Name MI
Mowery Helen P
Spou~'s Social Security Number THIS RETURN MUST BE FILED IN DUPLICATE WITH THE
369 28 3129 REGISTER OF WILLS
FILL IN APPROPRIATE OVALS BELOW
1• 1. Original Retum O 2. Supplemental Retum
Q 3. Remainder Retum (Date of Death
Prior to 12-13-82)
O 4. Limited Estate O 4a. Future Interest Compromise (date of ~ 5. Federal Estate Tax Retum Required
death after 12-12-82)
~ e. Decedent Died Testate o 7. Decedent Maintair~d a Living Trust 8. Total Number of Safe Deposit Boxes
(Attach Copy of Will) (Attach. Copy of Trust)
O 9. LRigation Proceeds Received O 10. Spousal Poverty Credit (Date of Death O 11. Election to Tax under Sec. 9113(A)
Between 12-31-91 and 1-1-95) (Attach Schedule O)
CORRESPONDENT -This section must be completed. All Correspondence and Confldential Tax Informatlon Should be Directed to:
Name Daytime Telephone Number
Robert C• Saidis 717 243,6222 _~
REGIST LS US LY - ~
-~7 +~
First Line of Address ~~~ ~ `^'
Saidis Sullivan & Rogers ~~`'~ ~ ,_.
Second Line of Address A ~ IV
t~n-'-
c.s
26 W• High Street N
City or Post Office State ZIP Code DATE FILED
Carlisle PA 17013
correspondent's e-mail address: rsaidis@ssr-attorneys.com
Under penalties of perjury,) declare that I have examined this return, including accompanyingachedules and statements, and tothe best of my knowledgeand belief,
it is true, correctand complete. Declaration of the preparer otherthan personal representative is based on all information of which preparar has any knowledge.
SIGNATUREOFP~~ONR~S,ONS(BLEf.6FI~FILIN~RJtTUR~ -_ e , " DATE
flH//~~ VV Y,YI ^nft ~ ~ t ~ 2
Newville, PA 17241
i Its-! 12
Carlisle, PA 17013
PLEASE USE ORIGINAL FORM ONLY
Side 1
1505611188. 1505611188 J
Rev-1500 EX (Fl)
1505611288
Decedent's Name: Donn H Mower y
.RECAPITULATION
1. Real. Estate (Schedule A) ......................................... 1.
2. Stocks and Bonds (Schedule B) .................................... 2,
3. Closely Held Corporation, Partnership or Sole-Proprietorship (Schedule C) ...... 3.
4. Mortgages and Notes Receivable (Schedule D) • • • . • • • • • • • • • • • • • • • • . • .. • 4.
5. Cash, Bank Deposits and Miscellaneous Personal Property (Schedule E) ....... 5.
6. Jointly Owned Property (Schedule ~ O Separate Billing Requested .... • . 6.
7. Inter-Vivos Transfers & Miscellaneous Non-Probate Property
(Schedule G) O Separate Billing Requested ...... 7.
8. Total Gross Assets (total Lines 1 through 7) ............................ 8.
Decedents Social Security Number
171 2B 7003
40,000.00
25,401.37
703,200.00
0.00
800•DO
0.00
0.00
?69,401.37
9. Fur>aral Expenses and Administrative Costs (Schedule H) .................. 9.
10. Debts of Decedent, Mortgage Liabilities, and Liens (Schedule I) ............. 10.
11. Total Deducflons (total Lines 9 and 10) .. • .... • ..... • • • • • • . • • • • . • • • • • 11.
12. Net Value of Estate (Line 8 minus Line 11) ............................. 12.
13. Charitable and GovemmeMal Bequests/Sec 9113 Trusts for which
an election to tax has not been made (Schedule J) ....................... 13.
14. Net Value Subject to Tax (Line 12 minus Line 13) ....................... 14.
35,493.00
4,004.56
39, 49? • 56
?29,903.81
0.00
729,903.81
TAX CALCULATION -SEE INSTRUCTIONS FOR APPLICABLE RATES
15. Amount of Line 14 taxable
at the spousal tax rate, or
transfers under Sec. 9116
(ax1.2) X .00 D • D D 15
16. Amount of Line 14 taxable 9 0 3.81
7 2 9
at lineal rate X .045 ,
1 s.
17. Amount of Line 14 taxable D • 0 0
at sibling rate X .12 17.
18. Amount of Line 14 taxable D • D 0
at collateral rate X .15 18.
19. TAX DUE .................................................... 19.
20. FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT
Side 2
L 1505611288 1505611288
0.00
32,845.67
0•DO
0•Do
32,845.6?
D
Rev-1500 EX (FI) Page 3
Decedent's Complete Address:
File Number
21 11 0620
DE NAME
Donn H. Mowery
STREET ADDRESS
1400 Doublin Ga Road
CITY
Nevwille STATE
PA ZIP
17241
Tax Payments and Credits:
1. Tax Due (Page 2 Line 19)
2. Credits/Payments
A. Prior Paymerns
B. Discourn
(1) 32.845.67
20, 000.00
1.052.60 Total Credits (A + B) (2) 21, 052.60
(3)
0.00
3. Interest
4. If Line 2 is greater than Line 1 + Line 3, erner the difference. This is the OVERPAYMENT.
FI11 In oval on Page 2, Llne 20 to request a refund.
5. If Line 1 + Line 3 is greater than Line 2, eater the difference. This is the TAX DUE.
(4)
(s)
11.793.07
Make check payable to: REGISTER OF WILLS, AGENT.
PLEASE ANSWER THE FOLLOWING G?UESTIONS 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 ..................................... ^
b. retain the right to designate who shall use the property transferred or its income • • • • • • • • • • • • • • • • ^
c. retainareversionaryirnerest •••••••.•••••••••••• ............................... ^
d. receive the promise for life of either payments, benefits or care? • .......................... ^
2. If death occurred after Dec. 12, 1982, did decedern transfer property within one year
of death without receiving adequate consideration? ....................................... ^
3. Did decedent own an in trust for" or payable-upon-death bank account or security at his or her death? • • ^
4. Did decedern own an individual retiremern accourn, annuity or other non-probate property,
which cornainsabeneficiarydesignation? ••.•••••••••••••••••.•.•••••••••••••••••••••• ^
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 Jan. 1, 1995, the tax rate imposed on the net value of transfers to or for the use of the surviving spouse
is 3 peroern [72 P.S. Sect. 9116(a)(1.1xi)].
For dates of death on or after Jan. 1, 1995, the tax rate. imposed on the net value of transfers to or for the use of the surviving spouse is 0 percent
[72 P.S. Sect. 9116(a)(1.1)(ii)]. The statue does not exempt a transfer to a surviving spouse from tax, and the statutory requiremerns for disclosure
of assets and filing a tax return are still applicable even 'rf 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 21 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 o peroern [72 P.S. Sect. 9116(a)(1.2)].
• The tax rate imposed on the net value of transfers to or for the use of the decedent's lineal beneficiaries is 4.5 peroern, except as noted in
[72 P.S. Sect. 9116(a)(1)].
• The tax rate imposed on the net value of transfers to or for the use of the decedent's siblings is 12 percent [72 P.S. Sect. 9116(ax1.3)]. 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+(Of-10)
Pennsylvania .SCHEDULE A
U&I'ARTr4HN7 OF NEVENUE
INHERITANCE TAX RETURN REAL ESTATE
RESIDENTDECEDENT~
ESTATE OF: FILE NUMBER:
Donn H. Mowery 21 11 0620
All real property owned solely or as a tenant in common must be reported affair market value. Fair market value is defined as the price at which property would be
If more space is needed, insert additional sheets of the same size.
REV-1503 EX+(8-98)
SCHEDULE B
COMMONWEALTH OF PENNSYLVANIA STOCKS & BONDS
INHERITANCETAX RETURN
RESIDENTDECEDENT
ESTATE OF FILE NUMBER
Donn H. Mowery 21 11 0620
All property jointly-owned with right of survivorhsip must be disclosed on Schedule F.
.ITEM VALUE AT DATE
NUMBER DESCRIPTION OF DEATH
1 Sprint Corporatipn 11,914.87
2093 certificate shares
426 dividend reinvestment shares
Per Estate Val
2 203 shares of Windstream 2,550.70
Book entry form
Per Estate Val
Dividend on above stock declared prior to decedent's death ~ 50.75
3 202 shares of Centurylink 8,085.05
Book entry form
Per Estate Val
4 28 shares Knouse Foods Cooperative, Inc. 2,800.00
TOTAL (Also enter on line 2, Recapitulation) 25,401.37
(If more space is needed, insert additional sheets of the same size)
REV -1b04 EX+{8-88)
COMMONWEALTH OF PENNSYLVANIA
INHERRANCETAXRETURN
RESIDENTDECEDENT
SCHEDULE C
CLOSELY-HELD CORPORATION,
PARTNERSHIP OR
SOLE-PROPRIETORSHIP
ESTATE OF FILE NUMBER
Donn H. Mowery 21 11 0620
Schedule C-t or C-2 (including all supporting information) must be attac hed for each closely-held corporation/partners hip interest of the decedent, other than a
sole-proprietors hip. See instructions forthe supporting information to be submitted for sole-proprietors hips.
(If more space is needed, insert additional sheets of the same size)
REV 1506 EX+ (9-00)
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENr DECEDENT
SCHEDULE C-2
PARTNERSHIP
INFORNL4TION REPORT
ESTATE OF FILE NUMBER
Donn H. Mowery 21-11-0620
1. Name of Partnership Midway Bowling Center Date Business Commenced August 1958
Address 1561 Holly Pike Business Reporting Year '
Ctty Carlisle State PA zip Code 17015
2. Federal Employer I.D. Number 2 3- 20 7 406 8
3. Type of Business Bowling/Skating Rink Producvsenrice Bowling/Skating Rink
4. 'Decedent was a ~ General ^ Limited partner. If decedent was a limited partner, provide initial investment $
5. PARTNER NAME - '• PERCENT PERCENT BALANCE=OF
NCOME .OF OWNERSHIP ;, ; . CAPITAL ACCOUNT
A. Donn H. Mowery 50~ 50~ $224,387
B. Helen P. Mowery 50~ 50~ $249,339
C.
D.
6. Value of the decedents interest $ 703, 200.00
7. Was the Partnership indebted to the decedent? ................................. ^ Yes ®No
If yes, provide amount of indebtedness $
8. Was there Ilfe insurance payable to the partnership upon the death of the decedent? ..... ^ Yes >~ No
If yes, Cash Surrender Value $ Net proceeds payable $
Owner of the policy
9. Did the decedent sell or transfer an interest in this partnership within one year prior to death or within two years if the date of death was
ptiorto 12-31-82?
^ Yes Q No ff yes, ^ Transfer ^ Sale Percentage transferred/sold
Transferee or Purchaser Consideration $ Date
Attach a separate sheet for additions! transfers and/or sales.
10. Was there a written partnership agreement in efred of the time of the decedent's death? ...... 6d Yes ^ No
df yes, provide a copy of the agreement.
11. Was the decedents partnersh~ interest sold? ....................................... ^ Yes ~ No
If yes, provide a copy of the agreement of sale, etc.
12. Was the partnership dissolved or liquidated after the decedents death? ................... ^ Yes C$ No
tt yes, provide a breakdown of distr>butions received by the estate, including dates and amounts received.
13. Was the decedent related to any of the partners? .................................... [~ Yes ^ No
If yes, explain .Spouse
14. Did the partnership have an Interest in other corporations or partnerships? ..:........... ^ Yes ~ No
If yes, report the necessary information on a separate sheet, including a Schedule C-1 or C-2 for each interest.
• • •- • ~ ~
A. Detailed calculations used in the valuation of the decedent's partnership interest
B. Complete copies of finanaal statements or Federal Partnership Income Tax returns (Form 1065) for the year of death and 4 preceding years.
C. If the partnership owned real estate, submit a ast showing the complete addresses and estimated fair market valuels. !f real estate appraisals have
been segued, attach copies.
D, Any other information relating to the valuation of the decedents partnership interest.
REV-1508 EX+111-10)
r ° Pennsylvania SCHEDULE E
OkNARTMENT pP NEV£NGk
CASH, BANK DEPOSITS, & MISC.
INHERITANCETAx RETURN PERSONAL PROPERTY
RESIDENTDECEDENT
ESTATE OF: FILE NUMBER:
Donn H. Mowery 21 11 0620
Include the proceeds of litigation and the date the proceeds were received by the estate.
Ail property jointly owned with Hght of survivorship must be disclosed on Schedule F.
If more space is needed, insert additional sheets of the same size
REV-1511 EX+(10-09)
~ ; Pennsylvania.
pEPAR1ME NT nG REVENUE
INHERITANCETAX RETURN
RESIDENTDECEDENT
SCHEDULE H
FUNERAL EXPENSES AND
ADMINISTRATIVE COSTS
ESTATE OF n~.c ~~umo~n
Donn H. Mowery 21 11 0620
Decedent's debts must be reported on Schedule L
ITEM
NUMBER DESCRIPTION AMOUNT
A. FUNERAL EXPENSES:
1 Egger Funeral Home 8,390.51
B.
1
ADMINISTRATIVE COSTS:
Personal Representative Commissions:
Name(s) 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.)
aaimant Helen P. Mowery
street Address 1400 Doubling Gap Road
qty Newville State PA zip 17241
Relationship of gaimant to Decedent $UrVIVInQ SpOUSe
4. Probate Fees:
5. Accountant Fees:
8. Tax Return Preparer Fees:
See schedule attached
15,000.00
3, 500.00
623.50
7,978.99
TOTAL (Also enter on Line 9, Recapitulation) I 35,493.00
If more space is needed, use additional sheets of paper of the same size.
Estate of: Donn H. Mowery
Schedule H, Part B -Administrative Costs
Miscellaneous Expenses
Page 2
21 11 0620
Item
Number _ Description ' Amount
7 Boyer & Ritter, partnership appraisal 6,650.00
8 Saidis, Sullivan & Rogers, reimbursement for payment to Cumberland Law 75.00
Journal for legal advertising
9 Computershare, lost certificate affidavit 147.69
10 Register of Wills, short certificates 8.00
11 Steven W. Barrett Real Estate, appraisal 350.00
12 Saidis, Sullivan & Rogers, reimbursement for payment to The Sentinel for 168.30
legal advertising
13 Cumberland County Register of Wills, filing fees 30.00
14 Saidis, Sullivan & Rogers, reserve for out of pocket expenses 150.00
15 Register of Wills, additional probate fee 400.00
TOTAL. (Carry forward to main schedule) ...... 7,978.99
REV-1812 EX+(12-08)
"Y Pennsylvania
' U@%~H1MFN7 OF HEVBNU£
INHERITANCETAX RETURN
RESIDENTDECEDENT
SCHEDULE I
DEBTS OF .DECEDENT,
MORTGAGE LIABILITIES & LIENS
ESTATE OF FILE NUMBER
Donn H. Mowery 21 11 0620
Report debts Incurred by decedent prior to death that remained unpaid at the date of death, Including unreimbursed medical expenses.
ITEM VALUE AT DATE
nil I~ARFR DESCRIPTION OF DEAT±i_
1 Geisinger Medical Center 44.82
2 Kinetic Imaging 1.75
3 Newville Ambulance 118.94
4 Geisinger Medical Center 1,132.00
5 Dept of Vet Affairs 1,228.00
6 Kinetic Imaging 28.55
7 Mt. Rock Inpatient 60.27
8 Carlisle Regional Medical Center 409.77
9 .Geisinger Medical Center 464.95
10 Helen Mowery, reimbursement for misc. medical expenses 515.51
TOTAL (Also enter on Line. 10, Recapitulation) I 4,004.56
If more space is needed, insert additional sheets of the same size.
REV-1513 EX+(07-10)
,~" Pennsylvania SCHEDULE J
p~PARiMEN7 O~~REVkNUt
INHERITANCETAx RETURN BENEFICIARIES
RESIDENTDECEDENT
ESTATE OF: FILE NUMBER:
Donn H. Mowery 21 11 0620
RELATIONSHIP TO DECEDENT AMOUNT OR SHARE
NuMBE NAME AND ADDRESS OF PERSONS RECEIVING PROPERTY Do Not Ust Tru s OF ESTATE
I TAXABLE DISTRIBUTIONS [Include outright spousal distributions, and
transfers under Sec. 9116(a)(1.2).]
Joseph H. Mowery Son 182,475.95
98 Hosfetd Road
Carlisle, PA 17013
James P. Mowery
340 Center Road
Newville, PA 17241
IZ
John P. Mowery
711 Centerville Road
Newville, PA 17241
Jay R. Mowery
354 Gameland Road
Newville, PA 17241
182,475.95
182,475.95
182,475.96
I I
ENTER DOLLAR AMOUNTS FOR DISTRIBUTIONS SHOWN ABOVE ON LINES 15 TH ROUGH 18 OF REV-1500 COVER SH EET, AS APPROPRIATE.
NON-TAXABLE DISTRIBUTIONS:
A SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT TAKEN:
8. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS:
TOTAL OF PART II -ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET.
If more space is needed, use additional sheets of paper of the same size.
t
LAST WILL AI~TD TES'!'AMENT
OF
DONN ~i. MOWERY
I ,' Donn H . Mowery, of Newvil l e , 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 all othex Wills
and Codicils heretofore made by me.
FIRST
I direct the payment of my just debts and expenses of my
Law Offices of
Saidis
Sullivan
& Rogers
.26 West High Street
Carlisle, PA 17013
.last illness and funeral from my estate.as soon after .my death
as conveniently may be done. If there be no cemetery lot
available for my .interment owned by me at the time of my death,
Z authorize my personal representative to .purchase such cemetery
lot with a contract f or perpetual care, using therefore funds
from my estate in such amount as they shall consider necessary
and desirable, and I authorize my .personal .representative to
cause title to ox ownership of such lot so purchased to be
vested in such person as my personal representative shall
des igns:te .
Further, I authorize my personal representative to expend.
funds from my estate, in such amount as my personal
representative shall consider necessary and desirable for the
1
purchase., erection and inscription of a suitable marker for my
grave.
SECOND
I give, devise and bequeath all the rest,~residue and
remainder of my estate equally to my beloved sons, Joseph H.
Mowery, Jahn P. Mowery, James P. Mowery and Jay R. Mowery, per
stirpes.
THIRD
I direct that any and all inheritance, estate, and transfer
taxes imposed upon my estate passing under this Wi11 or
otherwise shall be paid out of the principal of my residuary
estate.
FOURTH
In addition to the powers conferred by 1 aw, I authorize-any
personal representative, trustee or guardian acting under this
instrument, in .their absolute discretion:
A. To retain in the form received, or to sell either at;
Law Offices of
Saidi.s
Sullivan
& Rogers
26.WettHigh Street .
Culislc, PA 17013
pL~blic or private sale any real or personal .property;
B. To exercise any options to subscribe for stocks,
bonds, or other investments;
C. To join in any plan. of lease, mortgage,
,.consolidation, exchange, reorganization or foreclosure of
any corporation in which my estate or any trust may hold
stocks, bonds or other securities;
2
L
D. To sell, transfer, cor_vey, mortgage, pledge, lease
or. exchange any property, real or personal, which at any
time may form part of my estate, for the payment of debts
or taxes, or for any purpose of administration or
distribution, for such prices and upon such terms as my
personal representative, in their sole discretion, may deem
wise, and to execute and deliver deeds of conveyance or
tr••ansfer thereof ;
- E. To make settlements and compromises on such-terms as
my personal representative in their sole discretion may
deem wise without the necessity of obtaining any court
approval thereof;
F. To make distribution hereunder either .in cash or
kind, as my personal representative in their discretion may
deem wise.
.FIFTH
I •do hereby nominate, constitute and appoint my wife, Hahn
Law Offices of
S aidis
C„ 1 t,i» r-
oL .nV~cr~
26:.4Vur High Srceec
Gar{iak, PA 17013
P. Mowery, to act as Executrix of this my Last V7i11 and
Testament. Provided, however, that if Helan P. Mowery is
unwilling or unable to act as Executrix, I direct the duties of
Co-Executor to be performed by James P. -Mowery and Jay R.
iKowery .
6TXTH
I•direct that no personal representative, guardian, trustee
or other fiduciary appointed under this instrument shall be
3
required to give bond for the faithful performance of their
duties in any jurisdiction.
2N WITNESS WHEREOF, I, Donn H. Mowery, have hereunto set my
hand and seal to this my Last Will and Testament, .consisting of
four typewritten pages, the first three of which bear my
initials in the margin for identification, this .let day of April,
2011,
~~
Donn H . Mowery
Signed, sealed, published and declar-ed by the above-named
Law Offices of
Saudis
Sullivan
& Rogers
z~ Vlesr Higu saner
Garlislc, PA 17013
Donn H. Mowery, Testator, as and for his Last Will and Testament
in the presence of us, who have hereunto subscribed our names .at
his request as witnesses thereto, in the presence of said
Teetat nd of each other.
ADDRESS
Witness Si wre
ADDRESS
Witn s Signature
4
a~ ~ ~ ~~~-~ cS~
Z3~ ~ ~..T r+4 / ~'1 w~
~y~ ~ ~ s (,z ~ l'701
COMMONWEALTH OF PENNSYLVANSA
COUNTY OF CUMBERLAND .
We, Donn H. Mowery, ~i,6~f ~.~ ~~~~ anal
~nS~• She t(<r the Testator and witnesses, respectively
whose names are signed to the foregoing or attached instrument,
being .first duly sworn, do hereby declare to the undersigned
authority that the Testator signed and executed the instrument
as his Last Will and Testament and that he signed willingly and
that executed as his free and voluntary act f:or the purposes
therein expressed, and that each of the witnesses, in the
presence and hearing of the Testator signed the Will as
witnesses and that to the best of their knowledge the Testator
was at the time eighteen {18) or more years of age, of sound
mind and under no constraint or undue .influence.
Donn H. Mowery
,Witness
,Witness
Law O~ces of
Saidxs
Sullivaan
& Rogers
26 Wesr High Streer
Carlisle, PA 17013
Subscribed, sworn to and acknowledged before me by Donn H.
Mowery, the Testator, and subscribed to an_d sworn or affirmed to
,t~
before me by ~ p(~p~~- e. ~Q-i'~~ and -,.J DS ~ ~I.iL~, ~r
witnesses, this 1sT day of April, 2011.
~~. ~~p
Notary Public
NO A. AL, AL
gA1;BARA E. STEEL, Notary Public
Carlisle Born, Cumberland Cnunt3; PA
My Commission Ex 'res June 7, 2011
5
COMMONWEALTH OF PENNSYLVANIA
.DEPARTMENT OF REVENUE
BUflEAU OF INDIVIDUAL TAXES
DEPT. 280607
HARRISBURG, PA 77728-0801
RECEIVED FROM:
REV-1182 EXt77-98)
PENNSYLVANIA
INHERITANCE AND ESTATE TAX
OFFICIAL RECEIPT
CUMBERLAND DRIVE IN THEATRE
715 CENTERVILLE RD
NEWVILLE, PA 17241
ESTATE INFORMATION: ssN: 77~-2s-~oo3
FILE NUMBER: 211 1-0620
DECEDENT NAME: MOWERY DONN H
DATE OF PAYMENT; 07/12/2011
POSTMARK DATE: 07/12/201 1
COUNTY: CUMBERLAND
DATE OF DEATH: 04/12/2011
REMARKS: RECEIPT TO ATTY
CHECK~t 5419
5EAL
ACN
ASSESSMENT
CONTROL
NUMBER
N0. CD 014698
AMOUNT
101 ~ $20,000.00
TOTAL AMOUNT PAID:
520,000.00
1NITiALS: DS
RECEIVED SY: GLENDA EARNER STRASBAUGH
REGISTER OF WILLS
REGISTER OF WILLS
S. W. Barrett Real Estate 8 Appraisal Services
APPRAISAL OF
LOCATED AT:
4771 Laurel Run Road
Blain, PA 17008
CLIENT:
Donn H. Mowery
1400 Doubling Gap Rosd
Nevvvllle, PA 17241
AS OF:
November 30, 2011
BY:
Steven W. Bartell, SRPA, SRA, ASA
PA Certified General Rsai Estate Appraiser
S. W. Barrett Real Estate 8' Appraisal Services
rre rm.
12114/2011
Donn H. Mowery
1400 Doubifng Gap Road
Newville, PA 17241
File Number: 11-0312
Dear Sir:
In accordance with your request, I have appraised the real property at:
4771 Laurel Run Road
Blain, PA 17006
The purpose of this appraisal is to develop an opinion of the defined value of the subject property, as improved.
The property rights appraised are the leasehold interest in the site and improvements.
In my opinion, the defined value of the property as of November 30, 2011 is:
~to,ooo
Forty Thousand Dollars
The attached report contains the description, analysis and supportive data for the conclusions,
final opinion of value, descriptive photographs, assignment conditions and appropriate certifications.
Respectfully submitted,
Steven W. Barrett, SRPA, SRA, ASA
PA Certified General Reai Estate Appraiser
Summary
Residential Apprtaisal Report t71eNo. 11-0312
The purpose a tlds apgalsal repel b b provide the diem oval a credible opinion ante defined value a ale subJea property. paten the kaerded use of t!reappraisal.
pardNarrfeArdeadedtJSer Donn H. Maare E-~
CAaraAdtltess 1400 Doublin Road Nevwille Sbb PA 17241
Addbnai Inbrded user s The Intended User of this a sisal re Is the Client No additional Intended Users are ermitted without
the errrtllsslon of the a raise s .
Ilse The intended Use is to evaluate the ro that is the sub act of this a sisal to rovide the Client with an
acafrate and ale uatel su rted o anion of value.
Pro Address 4771 Laurel Run Road Blain Sbb PA 17006
OwnerdwbteRacordMowe Donn H. Cou Per
Leased Land
AssessoreParaflr 090 191.00-928.000 Tax Year 10-11 R.E.TaxesS 273.17
Noma Jackson Townshi R Glen Ma Reference 191.00-928 CerlsrlsTrecl9813
fee X Leaseibld Otlrer ~Cribe
reaeertdl did X did not reveal sales or iraradels a the br the three r b the elbpNe deb of tds e
wia,salelrrar~er: wb aorta Prka 0 sou s Courthouse
Amyasaprbrseleaaarrebrhistayalhesai)actproperty.(andcanperebbselas,Yeppfrsble) No further recent recorded transfers were found.
opborls and axareds as a the erec0ve date of the appraisal None
Castel lhban 5udaban X Rural Values X
Over TS% 26-T&9i X Ikaar 25% X of Balance Over PRICE AGE One-UnN
000 2-4 UNt 10 %
0 %
Olowrt Slebk Sbw Thre tlrldar 3 xdlls X 3.6 tells 1>rer 6 mtla
Ndpltborrood Boladarks Su act is bounded on the north b N. mountains east b Rt 34
south S. mountains west Rt 274.
Neghifodtood naspipYal There are no adverse factors to affect marketabii of the su act O
tlmtil dvrellin ~ however cabins/recreatlonal ro lea would be low of 25 000 hi 75 Low 0 0 %
250 100 ConalrerrJal 0 %
150 Pres. 80 Otller Vacant 90 %
ne unit housin fl urea are for sin le
of 100 000 and redominate of
000.
AtarNel Carditlons (Ytdrdplp suppatbr the above collcYrsbrls) See Attached Addendum
OYrrrAtsMs Leased land Area Leased land Leased land view Wooded
CkasMatiat No Zonin No zorlln within the townshi
Caardlethared llse X No describe ~
k tre highest and bell teas a Ole areject properlyas inproved (a u proposed per plarls end spedtcadorls) rre present use? X Yes No M No, descrtfe. .
UplWes Publie Other deeeribe Public Omer describe OM-saelm ovemards-T Publk Private
VIar.Y X Sweet X
Gas sewer X
SreCOmnlerds .Private water and senile s ems are common to the area and have no adverse affect u n marketabNi
One t]IevrlAtx.utt X CotlcrelBSleb txavl FOIaldal-pnl/yat5 Concrete Slab Flsore WOOd
a 1 FtsBasemem ParbelBasalrerd t~brbrtlraAs Wood Wad Wood/D all
X DeL AtL S•DeUEad Urdl BesemeraArea 0 . k Roof Surbce Shin a TdrrYFhieh Wood
lhder Caret Basement FYdeh 0 % tlabrs & b None Batll Root Wood
Cabin Outside Window WdlDouble hurt BalhtNeMrstwl Wood
Y Bra 1900 Sprm Ses111Nwrlabd No Car Hale
F.pecSw rs 25 screens Y es X aacara 4
Ark X Hale RNA HW X RaNard An reni6eS X wads s p1 Stabce Stone
Stair sobs gherE66 Fuel WoodlElec X Fk s t 1 Fence Ge aacers
Fbor SaAtle Ca>rvr Cenbal Ab X PaOdDeck Poch Car r a Cars
filed Fleabd Irdwidrrd X ghat Wdsty Pool Other ALL De4 Butl-in
R X DNaeadrer Miaowave Weller Otlrer tlespibe
FYrLvlred Brea above atle Cataellre: 2 Rooms 1 Bedrooms 1 Batll s 645 a Feel a Gross Area Above Grade
Addsonel FeaMes Stone slid. Flre lace with woodstove insert. Two units of electric baseboard
Comrnenlsondre anporemeas Im rovaments are in avers a condition with no h ical or functional Inade uacies a arent
~ .waoarl~c,..~....w.w...~,....a.oan ~A~,.ern...a+nw........~.~.4w,...~..~...,..,,...+-........
v.ar a a ~ trrAa*1 Defer rwrrwA~rr~m
:~;
. v~.
i~~
~::
r
ennCAlr11 IM
Gbnt: Donn H. FNe No.: 11-0312
P Address: 4771 Laurel Run Road Case No.:
qty: Blain State: PA Zip: 17006
Neighborhood Market Conditions
Property values have atablized in the aubJect's market area with an average marketing time also stabilized at g0-180
days. Economic trends and lending rates have remained favorable. Sales concessions are occuring more
frequently; however, there is no known prevalence of unusual sellerflnancing concessions or buydowns.
naaerpum raga , a i
Summary
Rocirtr+ntial Aonraisal ReDOrt FNeNo. 11-0312
FEATURE SUBJECT
4771 Laurel Run Road
Address Blain COMPARABLE SALE N0.1.
129 Bliss Ridge
Lo villa PA Per Cou COMPARABLE SALE N0.2
230 Snickers Lane
lckesbur PA Pe Coun COMPARABLE SALE N0.3
820 Lower Buck Ridge
New Germantown PA Pe
• p l
• Price i
gaiepdceGms9Lb.Arm S 0.00 IL
s
vertcaisa smace s
vALI~AD.IUSTMENTS oESCRVnoN 7.89 miles NE
=. 25 000
S 33.88 .A
Courthouse Records
CPMLS
tJESCRVTwN •: 8.39 miles N
S 61 000
S 73.32 .tL
Courthouse Records
CPMLS
DESCRIPTION : 4.98 miles WNW
i 84 000
E 71.43 iG
Courthouse Records
CPMIS
DESCRPnoN -:
SdeaRmncklp
Cabals None, Cash
DOM 17 None, Cash
DOM 387 None, Conv
DOM 5
tleleotSeldikne
Rurel 09/18/2010
Rural 08120!2010
Rural 09114!2071
Rural
Leasehdd Leasehold Fee Sim le Fee Sim e
Stte Leased land Leased land .19 Acre -10 000 .39 Acre -16 000
Iflew Wooded Wooded Wooded Wooded
Cabin
dCasma:bn Ave Frame Cabin
Avers Frame Cabin
Av Frame
~ Cabin
Avere Frema
111+1-- Years 41 +/. Years -2 500 108 +l- Years 29 +l- Years -3 000
Calddal Av
AhaeGrade TaW Bdh Ave
TWI edK Ave
TaUI Bdls Avers e
TaW azee
Room Cant 2 1 .5 2 1 0 2500 3 2 1 -2 600 3 2 1 - 500
Gores Nea15.00 845 . tt
tlaeeamd&Firli:dted Slab
RoarsBebwGmde Unfin(shed
Flradorri Avere
EBB1WdSty/Horn
EltcferdMlre T ical 738 . t.
Crawl
Aver
Pro ane/None
T ical -1 400
0
0 832 .4.
Crawl
Ave a
EBB/None
T cal -2 800
0
0 896 . IL
Crawl
Ave e
Pro anelNone
T ical -3 765
0
0
OSP
Patio OSP
Pado/Porch
- 000 OSP
Deck
0 OSP
Enc.Por/Deck
-3 000
Amenities 1 F/P 1 WiS None 000 Newer Shed 0 1 W/S 3 000
Watsr/Sewer S rn Hldn Tnk WeI1/None 000 WelUHldn Tank - 000 WeIUSe tic -3 000
X +. S 4600 + X - S 17 300 + X - S 27 265
AdJlabdSRlePtke NetAdj. 18.4% NetAd} -28.4% NetAr~. -42.6N
al Gross 65.8% ~ 800 Glow 28.4% S 43700 Gros 62.0% S 36 735
oiSeles 30 000 to 55 000 S 000. All tom rabies are similar ins a utlll and location to the
s are verified closed sales and are considered the best station of the market value. A search for
ble sales was undertaken for leased cabins in Coun results in the sale resented. The Pe Coun Court
tfottse and the State Fore for the su act area do sot kee records of sales of cablss/retxeational ro rtles on leased
land. Sales is the abutti coon of Cumberland as well as Adams were also reviewed and the best re station of
recreatlona/Ucabin sales on leased land were resented. Site ad ustments reflect local land salsa reviewed.
SMe VMue Canmaas Leased Land
TED REPROWCTIONOR REPLACEMENTCOSTNEW OPMX)NOFSfTEVALUE ........................................=5 N/A
Soraceeteostdata Oae .R ............=5 0
t'om aervke EtTeclNe dale of cosldals . Ft. S ............ = i
CaraYlaeal COel area adaia ek.
Cost new from Msrehall Swift Valuation Service Handbook
'and local cost anal is was condsidered but deemed not
Credible due to the a of the im rovements. GM .R 3 .......,.... ° s
ToW Esinale olCost•New ........ •.. • = s 0
Less P Flaadbaai t:l~rnal
=s 0
De ~edabdCoaoll nls ................................ = 3 0
`AS-IS" VaAre d Silee I res ................................ = S
INDICATED VALUE BY COST APPROACH ...................... o S NIA
Eagrmted Mo Market Rad i 0.00 X Gto~ Rera 0.00 =5 0 IndY:ated Value Income oath
Sumrary of karome Approach (kickMinp support br market rent end GRM) NIA
MdloztbVdw SWw COm nlaonn o.ahe40 000 CoctA tlavNo a NIA locomen oocM devalo 0
Market Anai is consistenti su orts m estimated market value. Coen roach and GRM anal is were found
In riate for this anal is. Greatest wei ht is a Iisd to the Market Data Anal is. Su orUn ftle Information
substantiates these estimates.
Thb appraisal a made X 'gs Is,' subject a compktlon per pkua sod sperdkadorq on dre basis of a hypodredcal waditlon diet Ble knWovemale have been conWlged.
^arbjectlo the lulbwYg repaks a alBmdsra on the basis of a OtryotllaBcnl condl6on tll8l~ mpeks or aletadals have been conpieted ^albjed t0 the bibailq:
sal is for client onl noMrensferabie.
Based on iheacope of vrork, assumptions, anitlnp l:alditiala ark appraisers cert0icatian, my(our) opinion ottlk defined value oflhe real property
thMlsthesubJ~tdtlasreportlsi 40,000 asof 11/30/2011 ,whichbtheeitacdvadaseofthkappraisaL
rr gp,nO,reApsMn,IG7Lllr[7wraM4me TklanCtPNtl~0A64160Itld,W~deaGi~eMov.e[.MaYbaMwtl.
py.zdi I'VM~aawdwpw~w~wmnieT°sa
VH..~w.w«ww:.+.w.< ~ S.W. Barrett Real Estate & Appraisal Services
~.
At1y
Summary
n~ Residential Appra isal Report RIeNO. 11-0312
. FEATURE SUBJECT
4771 Laurel Run Road
glajn
p
PtMx E
SsDRicaLL'w.A~ s 0.00 R
Oys $ COMPARABLE SALE N0.4
150 Wolfgang Lane
Blain PA Pe Coun
3.62 miles NNW
E 50 000
s 85.10 .R
Courthouse Records COMPARABLE SALE N0.5
233 Pine Grove Road
Bi erville PA Adams
22.55 miles S
E 45 000
E 56.25 .n
Courthouse Records COMPARABLE SALE NO• B
741 Pine Grove Road
Gardners PA Cumberland C•
19.23 miles SSE
E 47 500
E 70.27 .n
Courthouse Records
ypn
vAtuEAOJUSrt~+Errrs CPMLS
i7FSCR~TIOR
. s CPMLS
oESCRtPnort
-: CPMLS
t~ESatlPnoN
-:
SdeaF None, Cash
DOM 5S None, Cash
DOM 105 None, Cash
DOM 78
'; DeteatSekRYse 04i08/201D ~ 08!1512011 08119!2009
taceEsn Rural Rural Rural Rurei
Leeseltot4lFee Leasehold Fee Sim le Leasehold Leasehold
Ste
viay
dCOrmbuclf~ Lessed land
Wooded
Cabin
Avers Flame .37 Acre
Wooded
Cabin
Ave Frame -15 000 Leased land
Wooded
Cabin
Ave Frame Leased land
Wooded
Cabin
Av Frame/Blk
Aaud 111+1- Years 9 +/- Years -10 000 76 +/- Years 0 67 +/. Years
CatdEOtt Ave Ave Ave Avers e
AbotsGt9dE ToIY edi erls Tor! Bar TaW BeOs Twl BMIs
RoomCOUnt 2 1 .5 3 2 0 2500 3 2 1 -2 500 2 1 0 2500
puss Au3e 15.00 645 . R 768 . n -1 845 800 R -2 325 678 R 0
as8areM8FM4ehed
tiabwGr~e Slab
Urdin(shed Slab Crawl 0 Crawl 0
fRtncEsnM
EAeisntlmts Avers
EBB/WdStvfNont
cal
OSP Averse
Pro ene/None
cal
OSP Avers
Pr flAld/None
T Ica!
OSP Avere
EBBlNone
T ital.
OSP
;mac Patio porch -1000 Porch -1 000 ScrndPor/Porch -3 000
enhles 1 F/P 1 W/S None 4 000 1 F/P 1 W/S None 4 000
Water/Sewer S Hidn Tnk WaIl/None 4 000 S rn Hldn TnN NonelHidn Tnk 4 000
+ X - 3 17 345 + X - S 5 825 X + E 7500
L 11¢atadSekPtioe
al NetAdj. -34.7%
c;,o~ 76.7%
E
3 655 NetAdj. -12.9%
C~ 12.9%
S
39175 NetAO]. 15.8%
Gn~es 28.4%
E
55 000
mseie:
nruawy~aM4r~,~mTy.nz+wadwscao 71Y14AIarJ~I~lemO6aloMiW4nMSOG1MS6~M~r4NNprglMlNa
m r.s.aa~ sv~sw)an~rnuP~gr.wn.rsisct
- p.po.eeyp.rsnpx~
~1
~ ~• 11-0312
Scope of Work, Assumptions and Limiting Conditions
Segrsdwork b defared in the UnNam Saandards d Prdessbrrat Appraisal Practlce as • the type and extantotresearch and analyses b an
assigmmerd." In short, scope dwork k simply whatthe appraiser did and did rro[do Waing the ccuree dihe asslgnmenL ttincludas, but is not
Rmttsdto:'iheexbenttowhichthepropartyisideMiBedandinapacred, the type andextentddataresearched, the typo and extentdanalysesappeed
soarrNe atopiniorrs acarolusions.
The scope dthb appraisal and ensuhrg dku:usawafon inthis reportare specific to the needs dtha cnen4 oUxr MarlHbd irrtendod users and b the
krMrdad use dthe repot This repertwas prepared torthe sok and mabsive use dthe cBent and atlraridardified hrtended usere for the identlfied
irdsndsd use and Its use by arrydhaparttes is pralrttdbd. The appratsaric natresponsible for unauUrorbed use dthe report.
The appreker's eortlf~orr appearing ~~ aPPr~ raportis subJecttoUrefoilowing candinansand tosudr otlrer speclRc corrdWons asare
setforth bythe appreiser b the report. All extraordinary assumptions and hypothelicel conMdons are staffid in the reportantl atfghthave affected the
troslgnmanrasWts.
L The appraiser manes re responsarAAytor meBas m a legal retie agecdtg me gropers appraised a me lirereb.nor does nre appraiser reader ary~krbn as b the tltle, whidl is
sssrared b be good and merkemMe. The properly is eppreised as though under resporatble ownership.
2 Any sbldr b tlds report may slaw eppradrrete dmerrsans end is ardudad only b a~ the reamer h visueAtarg the progeny. The agixaiser has made ro survey o1Bre properly.
3. The appraiser a: not requked b give tes6rarry a appar h coat because of hav6q made the appreisaivrah rdererrce b the gropers ta question, unless artangemems have been
preybusy made Breteb.
4. NNnrer aA, rar ary pert of nre ranlerd d Bds repot, copy a atlra media Brereol (YrcYrdarg cen~ons as b the propertyvaare, Bre identis of the apprefser. prolessbrel desigreUons,
a the Arm wAh africh the ~ralser B arureded), aheB be reed 1a any Purposes by anyone buttlre caaa and olha aderrded users as (derrAAed M ihta repel, nor dma A be oerweyed by
anyone b Bra puhk isargh adverBsarp, pubAc retatkms, news. sales, a drer made, wlBraaBre wrYlert wrrserrt of the appraiser.
5. The appraiser rrs not t6cgse the ceraerrl6 or Bas appraisal report tbless required by appaceble law a as spedAed ar the lAtibrm Slarrdads of Prokssiorrel Appraisal Preece.
8. pdormeaon, ea0hrates, and opadons arished b the eppraea, end contained at the report, were oMekred from sources osnsidered reAable and beAeved b be sr>e and cortecL
However, no reaporrsbAAy to aaaueryaf such ilerrrs tarnished b the appref~ b assumed by the appraiser.
7. The appralea a~rsne9 tlrat Base ere m hidden a.urrappareM ctadRbns of the properly, subsea, or atucaxes, wNdr would renter a mae or kss va1a61e. The appreker assumes
re responsibilfsia sueh wrrdiAorrs, a br ergbeerap a testing. whk;h mpht be requred b discover arch lepers, Th's appraisal is rot an emaaarrenal assessrnentof the gropers and
tllarld rbt be considered as such.
8. The appreka apedehes h Bte vaaraAon of rat property and is rat a lame inspedor, buAdarg irorrlrador, atnrcarrel enghea, a simaar expert, urdessotlrerwise rated. The appraiser
dW notarrdrct the iaermMe type dBell observeADns of Ure kind Yrerded b seek sad tAaaver property dakcls. The VfafrHp dare progeny oral ary anprovements b to purposes of
devebparg an apirbn of Bre deArred value W Bra progeny. pNan Bre irsended use d tlris ewiprerent starrreres regarding cardlAon are based on solace observatiorrs ony. The
apprakzr cleans ra apedel expertise regadarg issues krckrdarg, but not Wrdled b: loadabn seaNmrere, basement molsbue problans, wood destoykrp (a other) brsacls, pest iniestatlar,
radon fps, lead based peYB, mold a enraorbrerrtel Issues. tlraess oBrenvise krdiwled, ntederrkal syslerre were not actlvagd a tesgd.
This appraisal regal shmW rot be used b dhCbse the corrdlnorr of the gropers es t relegs b the presencehibsence of deeds. The dlent is arvged and arcoaaged b.anpby quaAAed
azpells b arspectend address areas of rarrcem n rregaBre corldtioris ere discovered. tla grarbn oivalue may be aladed.
Unless d)rervvise rroted, the appreber assumes the components that rwnstltute the subject property Improvement(s) are fundamerrtalysaund and in
working ceder.
Anyvlerving dare gropers by the appreisawas irdled b readay observable eras. lhiass ottrerwise eed, slats and aawl space areas ware net amassed. The appraiser did rat move
tsrdase, Boacoverirgsaotlrer aerretladmay resMcttlreviewatpofBre prepeny
8. Apprelsels arveaiaq hypotlredcal arrdabrrs readed b cemptenon of new corewrtlon, repaks a albrenon are based on be aSasrrplbn tllat such. carpralfon, aAereAon a repeaswMl
be perbrmad. .
10. lArless Bra Yrlarded use ands apprakW spedacaay atdrrdes issrres of properly Yrssarsxr ceverepe, tlds appreisd should ratee used tx such purpoxs. Reprodur.Bon a
R~ecententoost Agrees used h Bre rnstapproach are brvetaaBon purposes ony, fpran tla inlerded use oithe assigrarrerrt. The DeAnAgn dValue used b tlris assgrsrrerd's unfirely
b becerrsisleMwahBre deArBBon of taarwbie Vaare br gropers arsaarrrs oevaagaarse.
91. Ths AG QMrerW Purpose ApprWat (aport((iPAR~ is notintended for uee In transactlons chat require aFarroie Mae dAOUFroddfe Mac 70tam,
also brown as the Uniform RasiderrUal Appraisal Raport(l)RAft).
Addttlorsal Comments RdatedTOScope Ot Work, Assrunptions and Limiting Conditlons
FYe No. 11-0312
Appraiser's Certification
The appnfear(s) carafies that, m the bastof the appraker's knowledge smd beliet:
1. The sletanenls Of ceclcadapled N UIIS report ere true and carecL
Z The reporced anayses, opbbrre, end cenrJUalms are tinrNeO ary by the reported assumptions and IMnNkrp condtibns and are the aPPr~e~ pesonel, btpartia4 and rarblased
proces>iorcel arbyses, opirttorre, and caradrrsions.
3. Urdess otirerwise sceted, the appraise ties ro presents prospective incelesl b the properly that is the subJeG of ttds repatand has ro per~lal Mrterest wth respell b the parlas
YrwNeil•
1, The epprebe has ro bees wltil respect b tire property that is the subject of tilb report a b the parties involved with dtls eSSiprlrtrent
5. The appraisers etgegenrent in tlds assgrarretdwas not corrlYgera ~ devebpirg a report'up predelanrrirred resuhs,
6. The trpaehe's caa4eresatlon br complelYtp drB assipmrerti Ls not eontlrNgaeM upon the devebpment a reporWrg of a predeceratirted vaMre a dbectiat rn vatre dretinvors the cause of
ate rdierr4 the anrerart m tire vahre opbbn, tits attahurrent of a stipuceced resrd6 a tire axurrence of a subsegrrent event dbectly related a the intended use of tlrh appraisal.
7. The appaisers arreysea, opiniacs, and mrrdrrebrre were devebped, and tllis report has been prepeed, b oonbrmky whh dre Urtibrm Standards of Professional Appeisel Practice.
& lJncesa dherwASe soled. the appraiser has made a persotrel bfspectlan of dre property tlMl ce the suhiactot ihls report.
9. Urtiess rr~d bebw, ro one provided sgnOCant real property appraisal assistance b the appraiser sgnhg tlds certltication SiprrlAcartt real propery appraisal asslscertce govided by.
Additional f:ertificxdiata:
DeAnMionotVaiue ^Marketvalue ^OtlrerVaWe:
Source oI DeMitlon:
ADDRESS OF TtiE PROPERTY APPRAISED:
4771 Laurel Run Road
Blain, PA 17008
t3:FECENE DATE OF THE APPRAISAL: November 30, 2011
APPRAISED VALUE OF THE SUBJECT PROPFJ2TY S 540,000
APPRAISER
s`..~~ -~
Name: Steven W. Barrett. SRPA, SRA. ASA
SadeCel)AcetlorlR GA000298L
a Licerae a RB028921 A
a Darer (die): stale t
Seale: PA
t~Metion oats d Certi4afiar a Lkerree: 06/30/2013
Dale of Siprreare and Repot 12114/2011
Gale d Properly Vrewbr~ 11130/2011
DaoraeaWoPery
~bfOStbrendE>derla DExceriorony DDarotperwnayview
SUPERVISORY APPRAISER
Signabre:
Name:
Shale Certiticadon a
a Liceree x
state:
Fxphetian Date of Certification a Lieer~:
Dace otsgnawre:
Date or Properly viewing:
Degree of poperty viewing:
^MderiaandExcedor ^Exterbrony ^Didnolpersonelyview
S.W. Barrett Reai Estate 8 Appraisal Services
FL:OORPLAN
AI IR 7Ff`1' DRADCCTV D1.1('1TA AnIlG61M lu
FRONT VIEW OF
SUBJECT PROPERTY
Appraised Date: November 30, 2011
Appraised Value: $ iao,ooo
REAR VIEW OF
SUBJECT PROPERTY
STREET SCENE
Great Room
Stone Fireplace with Woodstove
Bedroom
`..':
PR4nluigAOS~In.104AEfR/~.aR PM710NI010
~:~<
«w,
COMPARABLE PROPERTY PHOTO ADDENDUM
.ry;,ru• noon H_ Yrnuerv __ F7e No.: 11-0312
e ~- I COMPARABLE SALE #1
. ~;,_.
129 Bliss Ridge
Loysvllle, PA Perry County
Sale Date: 09!18/2010
Sale Price: $ 25,000
l- I
COMPARABLE SALE#2
230 Snickers Lane
Ickesburg, ~ PA Perry County
Sale Date: 08/20/2010
Sale Price: $ 6!,000
COMPARABLE SALE#3
820 Lowar Buck Ridge
New Germantown, PA Perry Cty.
Sale Date: b8N4/2011
Sale Price: $ 64,000
• COMPARABLE PROPERTY PHOTO ADDENDUM
COMPARABLE SALE #4
150 Wolfgang Lane
Blafn, PA Perry County
Sale Date: 04/08!2010
Sale Price: $ 50,000
;~ .
~' :.,
COMPARABLE SALE #5
233 Pine Grove Road
Biglerviite, PA Adams Cty.
Sale Date: 08!1512011
Sale Price: $45,000
COMPARABLE SALE #6
741 Pine Grove Road
Gardners, PA Cumberland Cty.
Sale Date: O8H9/2009
Sale Price: $ 47,500
LOCATION MAP
~p~~pp/~. ~t~onne~y:A9iJEs
mod' .14' .,:
'~ ''hlil jo!!I?. Fk
<:
Comparable sale 2 ~~+ .. J'4m' .ace j ~ •
230 Snickers Ln . ~~ ~~ ~• "
1~ Idcesburg, PA 17D37 '; •.. ,Savil ~~ ~•~
,•' ::~~gy~~i,. '(9.39 miles N) F f~ h'f~ifhsvNti• " . llew~rob~ el~'_
. ~~' ^~ .r~"''~ , °"'' Comparable Sale 1 ' .
`~~W '. ~ 129 Bliss Ridge
• •~'"~ 'lam Loysville, PA 17006 ~ , ~
' ~•~~• .
Comparable Sale•3 ~ ~- (7.89 miles NE)
Lower Budk Ridge Rd fiiir
.New Germantown, PA 17D71 "- ~ '•~ zia --~
(4.98 miles• WNW) ~,:..'.~' ;ii•1. _,
k_ n: ^~rom2dd .~.
l,,f '1` ~ ts61F36brg -' q"-P' 'P~} a 1 a .h• 1~'~f
.i' a~:~, ~ J ,
aeyoe`! .. Subject *.~ ,,~-'ary_` ~ shmnrcs~u~e
.. Laurel RUn Rd +
• ~ Blain, PA 17006 ,••'•
~, JMr ,..r.,.r~
,::
~7< ~~. y, f s
Sale 4 ''~ _. _... ~..:..•^`~
Comparable , ~ ~^ _ ei+?'~ gs
150 Wolfgang Lane ,+.• r, •~„r ~ t• ~
Blain, PA 17006 ' ~~~~ -,:--- r
(3.62 mi{e5 NNWj I , ~ -.; •~'i' ~ .
+'
i ~.o.u~`i'P'a~i n.s .'' ~ .., f`,~. ., ~•-"~ ,,,,,r ~ I~ftNil~ . 11• ._ d - ,..=,::.c• ~ ~ ~.3~.+.
.: } ~ f . ~`" ", r 'Stong~ sUOnvr1.. ~. -' ~ <';,•iEirrgs' ...-r' 34
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.P.Inbts- '°' . ~~~ .. _ tom. '~
~~ Comparable Sale 6 ~ j ~ ~
• ~ 'f ` 741 Pine Grove Rd l
.~ ~ ~ f,,::f~ ~ Gardners, PA 17324 ' •~~~,
~• o ..-~-= ^~ (19.23 miles SSE) .f"'_ ,
~ . ~ ~ ,•dS~2rd. ,
f r
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a ~'• Comparable Sale 5 ^• ~ ~~• /
~2If IU r;FL'rEf} ;` r1~10 ~~ 41.kficrcazu~!•euFpur4.ILlytllerst
233 Pine Grove Rd ~' ~
I ~ 'M1•"+~, Biglerville, P.A. 17307 _ ~ -!_~~~~ I) ~.
^ (22,55 miles S) 'r ,. •:~ .;ri,. ,•
,~~:.
as
**~'*"''* QUALIFICATIONS *****"*'''t
The following checked items are SPEgFlC SPECIAL CONDITIONS that were identified by this appraiser during the
inspection of the subject property, the comparables sales, and their neighborhoods and locations. Unless otherwise
noted, the conditions that apply to the subject propeRy or the comparable sales used DO NOT AFFECT THE MARKET
VALUE OR THE FUTURE MARKETABILITY OF THE SUBJECT PROPERTY BEING APPRAISED. This is not a home
inspection service. This is an appraisal to estimate market value.
x 1. The subject is located in a rural area and Is less than 25% built-up.
_2. Commercial/IndusMal uses are located within the subject's neighborhood. These uses are typica- of similar
neighborhoods.
x 3. Vacant and undeveloped land uses are located within the subject's neighborhood. These uses are typical for
the area.
4. The predominant value in the neighborhood is less than that of the market value of the subject property. This
is due to the very wide range of value of properties in the area and superior quality of the subject property.
'_5. The subject property is located in a F.E.M.A. Identifled Flood Zone. Flood insurance coverage is required and
suggested.
8. Dampness is rioted in the basement of the subject. Standing or running water was not present on basement
floor. This condition is considered typical in dwellings of this style.
x_7. The subject property Is serviced by private well andlor septic systems which is common for the area.
x 8. The subject is older than flve(5) years. All mechanical systems InGuding the heating, electrical and plumbing
systems appear upon a visual exterior inspection to'be in working order. No warranties are implied M this statement.
_9. Repair Items were noted in the comments section of the report These comments on repair Items are for,
deatxlptive purposes only and are not requirod repairs. The items listed are cosmetic In nature.
_10. The basement floor is a dirt floor. This condition is common and typical for the area. and does not pose a
health or safety hazard.
_11. The subject property does contain functional obsolescence as noted in the report. This condition is
considered typical and common for the area and this style dwelling.
_12. The land value exceeds 30% of total value due to the high demand for vacant land in this neighborhood. This
cw~dition is considered common and typical for the neighborhood.
_18. The land value exceeds 30% of total value. This is due to the large size of the site. This condition is
considered to be typical and common.
_14. Individual adjustments were requUed that exceed 15%. These adjustments were required due to lack of more
similar comparabies on that individual rating. Ail comparables used are the best available.
_15. Total adjustments exceed 25%. This is due to the lack of comparable sales that were more similar in the
subject's market area. All comparablss used are the best available.
x 18. Ono or more comparable sales are older than six(8) months. Although there are comparable properties in the
subject's area, none havo sold recently; therefore, sales in excess of six(8) months have to be used: All comparables
used are the best available.
1x 17. One or more comparables used were in excess of one (1) mile from the subject property. Although there are
comparable properties in the immediate area, none have sold recently. Therefore, it was necessary to use comparable
sales outside of the immediate area. All comparables used are located In similar neighborhoods and within the same
marketing area. All comparebles used are the best available.
_18. The electrical system was not connected during inspection.
_19. The water service was not connected during inspection.
_20. The heating system was shut down during inspection.
_21. Rooflng_Plumbing_Electrical_Heating_certification(s) islare suggested.
_22. Inground swimming pool_~ out buildings are included .not included_accord(ng to lender's
guidelines.
23. Accord(ng to lender's guidelines a maximum of acres were considered for this valuation. Remaining
acreage was given no value.
******'"*'~ QUALIFICATIONS *"***"*"*
_,24. The subject property Is located on a private road.
_25. Wood infestation inspection is suggested.
~c 26. Last recorded deed transfer: Date_Unknown .Consideration: S_Unknown
^27. Proposed constructioniranovation in accordance to plans and specifications to be completed in a workman-like
manner.
_,ZB. Seller is paying part or all of closing costs.
x 29. All comparable sales are verified closed sales.
x 30. There are nv special conditions or other requirements that would affect market value or future marketability in
the Appraisal Report
_,31. AMC fee was required in order to accept thts appraisal request.
v
**~**"*** QUALIFICATIONS ~**
Confldentiality and Security Policy
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We do not permit use of consumerlcustomer information for any otherpurpose nor do we permit third parties to rent,
sell, trade or otherwise release or disclose Information to any other party.
Education
As of the date of this report, land/or Steven W. Barrett, SRPA, SRA, ASA have completed the requirements under the
continuing education program of the Appraisal Institute and the American Society of Appraisers.
Estate Valuation
Date of Death: 09/12/2011 Estate of: Estate of Donn Mowery
Valuation Date: 09/12/2011 Report Type: Date of Death
Processing Date: 12/02/2011 Number of Securities: 3
File ID: Mowery, Donn H. Estate Stocks
Shares Security Mean and/or Div and Int Security
or Par Description High/Ask Low/Bid Adjustments Accruals Value
1) 203 WINDSTREAM CORP (97381W109)
COM
New York Stock Exchange
09/12/2011 12.63000 12.50000 H/L
12.565000 2,550.70
Div: 0.25 Ex: 03/29/2011 Rec: 03/31/2011 Pay: 09/15/2011 50.75
2) 202 CENTURYLINK INC (156700106)
COM
New York Stock Exchange
09/12/2011 90.35000 39.70000 H/L
90.025000 8,085.05
3) 2519 SPRINT NEXTEL CORP (852061100)
COM SER 1
New York Stock Exchange
09/12/2011 9.80000 9.66000 H/L
9.730000 11,919.67
Total Value:
Total Accrual:
Total: $22,601.37
$50.75
$22,550.62
Page 1
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