Loading...
HomeMy WebLinkAbout06-05-12 (2)150561014D REV-1500 EX `°'-'°' PA Department of Revenue A M E N D E D Coun Code Year b File Number Bureau of Individual Taxes INHERITANCE TAX RETURN PO BOX 280601 2 1 0 8 D 7 9 2 Harrisburg PA 17128-0601 RESIDENT DECEDENT ENTER DECEDENT INFORMATION BELOW Social Security Number Date of Death MMDDYYYY Date of Birth MMDDYYYY 7 2 8 2 0 0 8 1 0 2 5 1 9 2 3 Decedent's Last Name Suffix Decedent's First Name MI C O L S O N M Y R L E H (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 1. Original Return ~ 2. Supplemental Return ~ 3. Remainder Return (date of death prior to 12-13-82) 4. Limited Estate ~ 4a. Future Interest Compromise (date of ~ 5. Federal Estate Tax Return Required death after 12-12-82) 6. Decedent Died Testate ~ 7. Decedent Maintained a Living Trust 8. Total Number of Safe Deposit Boxes (Attach Copy of Will) (Attach Copy of Trust) 9. Litigation Proceeds Received ~ 10. Spousal Poverty Credit (date of death ~ 11. Election to tax under Sec. 9113(A) between 12-31-91 and 1-1-95) (Attach Sch. O) CORRESPONDENT -THIS SECTION MUST BE COMPLETED. ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SHVULU tat ulRtc I to I u: Name Daytime Telephone Number ~..,.~ D A V I D M B O G A C Z Y K E S Q 5 7 0 6 2 ,i5 1 c.... _ r~ri -- REGISTER .USE Y ~ ' ~~~ ;~ ~ t ~-+y -i '' Ct3 ...: CIi -1--~ r -ry First line of address ', ~ ~ ~~ t l 2 2 0 M A I N S T R E E T '~, ~~ =~`' Second line of address --+r ~ ," rt- t-rt City or Post Office State ZIP Code DATE FILED B L O S S B U R G P A 1 6 9 1 2 Correspondent's a-mail address: Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct and complete. Declaration of preparer other than the personal representative is based on all information of which preparer has any knowledge. SIGN RE OF PERSON RESPONSIBLE FOR FILIN,~TURN _ DATE ADDRESS ` 111 McII~i~E STREET BLOSSBURG PA 16912 SI ATU)`t - F~f2EP.AFtER'D"A-IER THAI REPRESENTATIVE DATE 220 MAIN~ET BLOSSBURG PA 16912 PLEASE USE ORIGINAL FORM ONLY Side 1 1505610140 1505610140 _ , Z ~~r. 1505610240 REV-1500 EX Decedent's Social Security Number Decedent's Name: M Y R L E H• C O L S O N 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 F) ^ Separate Billing Requested ..... .. 6. 7. Inter-Vivos Transfers & Miscellaneous Non-Probate Property arate Billing Requested le G) ^ Se h d S 7 8 5 0 ^ 0 . 0 ^ ..... p u ( c e .. . 8. Total Gross Assets (total Lines 1 through 7) ......................... .. 8. 8 5 0 0 0 • 0 0 9. Funeral Expenses and Administrative Costs (Schedule H) ................ .. 9. 10. Debts of Decedent, Mortgage Liabilities, and Liens (Schedule I) ........... .. 10. 11. Total Deductions (total Lines 9 and 10) ............................. .. 11. 12. Net Value of Estate (Line 8 minus Line 11) .......................... .. 12. 8 5 0 0 0 • 0 0 13. Charitable and Governmental Bequests/Sec 9113 Trusts for which an election to tax has not been made (Schedule J) .................... .. 13. 14. Net Value Subject to Tax (Line 12 minus Line 13) .................... .. 14. 8 5 0 0 0 • 0 0 TAX CALCULATION -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 _ 15. 16. Amount of Line 14 taxable 8 5 0 0 0 0 0 3 8 2 0 0 5 . at lineal rate X .045 1s. . 17. Amount of Line 14 taxable at sibling rate X .12 1 ~~ 18. Amount of Line 14 taxable at collateral rate X .15 18. 19. TAX DUE .................................................... ..19. 3 8 2 5• 0 0 20. FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT ^ Side 2 L 1505610240 1505610240 J REV-1500 EX Page 3 Decedent's Complete Address: DECEDENTS NAME i4MYRLE H. COLSON --- --- 'STREETADDRESS 101 POPLAR ST ---_ __ CITY SUMMERDALE STATE ~ ZIP PA 17083 Tax Payments and Credits: ~. Tax Due (Page 2, Line 19) 2. CreditslPayments A. Prior Payments - B. Discount 3. Interest 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. 5. If Line 1 + Line 3 is greater than Line 2, enter the difference. This is the TAX DUE. File Number 21 08 0792 Total Credits (A + B) (2) 0.00 (3) 555.47 (4) 0.00 (5) 4,380.47 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 : ................................................................. ..... ~ ^ b. retain the right to designate who shall use the property transferred or its income ^ : :::::::::::::::::::::::::: c. retain a reversionary interest; or .................................................. ::::: X^ d. receive the promise for life of either payments, benefits or care? .................................................. ..... ^ 2. If death occurred after December 12,1982, did decedent transfer property within one year of death without receiving adequate consideration? .................................................................................. ..... ^ 3. Did decedent own an "in trust for" or payable-upon~leath bank account or security at his or her death? ... ...... ^ ^X 4. Did decedent own an individual retirement account, annuity or other non-probate property, which contains a beneficiary designation? ............................................................................................ ...... ^ X^ 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 percent [72 P.S. §9116 (a) (1.1) (i)]. 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. §9116 (a) (1.1) (ii)]. The statute does not exempt a transfer to a surviving spouse from tax, and the statutory requirements for disclosure of assets and filing a tax 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 21 years of age or younger at death to or for the use of a natural parent, an adopiive parent or a stepparent of the child is 0 percent p2 P.S. §9116(a)(1.2)]. • The tax rate imposed on the net value of transfers to or for the use of the decedent's lineal beneficiaries is 4.5 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 decedents siblings is 12 percent [72 P.S. §9116(a)(1.3)]. Asibling is defined, under Section 9102, as an individual who has at least one parent in common with the decedent, whether by blood or adoption. (1) 3,825.00 REV-1510 EX+ (08-09) pennsylVania DEPARTMENT OF REVENUE INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE G INTER-VIVOS TRANSFERS AND MISC. NON-PROBATE PROPERTY ESTATE OF NUMBER MYRLE H. COLSON 21 08 0792 This schedule must be completed and filed if the answer to any of questions 1 through 4 on page three of the REV-1500 is yes. ITEM NUMBER DESCRIPTION OF PROPERTY INCLUDE THE NAME OF THE TRANSFEREE, THEIRRELATIONSHIPTODECEDENTAND THE DATE OF TRANSFER. ATTACH A COPY OF THE DEED FOR REAL ESTATE. DATE OF DEATH VALUE OF ASSET %OFDECD'S INTEREST EXCLUSION (IF Ar~icA~ TAXABLE VALUE 1. Real Estate located at 101 Poplar Street, Summerdale, Cumberland County; transferred by decedent to daughter for $1 consideration on 07/20/2004, retaining life estate which is noted in the Deed conveying ownership. The Date of 85,000.00 100.00 85,000.00 Death value is based upon the Uniform Residential Appraisal Report attached. TOTAL (Also enter on Line 7, Recapitulation) I ~ 85,000.00 If more space is needed, use additional sheets of paper of the same size. REV-1500 Discount, Interest and Penalty Worksheet Discount Calculation Total Amount Paid within three calendar months of the decedent's date of death: Discount: 0.00 Interest Table ~_ _ - -- ' -,---Y q Da s Delin went Balance Due Interest j i Year -- this time period ', - f this year ' - - - -- --- this period _ - -Before 1981 -- l -- - - - l - ~_ - 1982 - - 1983 I - 1I - - - - 1984 - - -- - ~ - - ! -- 1985 I i ; ' 1986 ~ - - ~ i , - - I - --- ii 1987 - - - ~ - -- ' _ - -- 1988 through 1991 - I i i --_ ~ - .-- --- -- - - -- - I 1992 ' ' 1993 through 1994 - ~ - - -___ I - - - - ~ 1995 through 1998 ~ -- ~ -_ _1 - - 1999 - - - - ~ ~ - - _ - - ~ --- - 2000 . ~ -~ - - _ ~ - -- I _2002 -- -- ~ 1 2003 -- - - ~ _ ~ - - l - -_ -_ --~ 2004 -- , - -- - - - - --- -- ~', 2005 f - I - . 2006 L -_ I - ~ --- --- ~~ I 1 _ - - _. -. -- ',. 2008 - _-_ - ,66 - -3 825.00'- .. _ -_48.47 (_.2009 - - I _ X365__ - I _ 3,825.00 - - _ -_- 191.2711 1 i 2010 - 365 - _ ~ 3 825.00 } - - 153.571 - f 2011 throw h 2012 - _ 517 ~ ~ -- 3 825.001 --- --162.16 - __ -_ -_- - ~ ----- -~ - - -- } --0.001 -- I - - - -1 ~ - ~ - -- 1 -- ~ -- -__ - --0.00.1, I - - - _ 1- TOTALS t ~ --- _- ~ x_1.313 -- - _- i _ -- ~ - _ - - -'-- - -- j _- .555 47_ Penalty Calculation If the decedent's date of death was on or before March 31, 1993, insert the applicable amount: Total Balance Due on January 17, 1996: - ____ -_ Penalty: SUMMARY APPRAISAL REPORT Uniform Residential Appraisal Report FdeNO, t>eoo,ooD i ne ur ose of [his summary a praiser) re rt is to provide the lender/client with an accurate. and ode erase) sup eel, opinion d the market value of the sub ect opert . Address 101 POPLAR STREET Ci SUMMERDALE Stare PA Zi Code 17093 Bonotwl MUNDIS OwnadPlrblicRecad MUNDIS Cou CUMBERLAND L - DEED BOOK 247, PAGE 2664 Assessors Parcel - 09122995099 Tax Yea 2008 RE. Tarts E 1,004.00 N - Name EAST PENNSBORO TWP. hW Retererlce ADC 3006, B-1 Cerrstrs Traa 25420-0101.00 Owner Tenant X Vanm S IASStxsmeritsfNONEKNOWN PUD HORS NA a ear ermontll iced X Fee Sim l.easettald Other dest~e ntad T Pwchase Transaction Rdutarrce Traasatliorl X Otlta describe POSSIBLE SALE LerrdalCreM SANDY MUNDIS Address 101 POPLAR STREET, SUMMERDALE, PA 17093 Is the ~tx1 ctlnen offered fa sale a has rt been otlaed fa sale in tle twelve month ~ to the eOecUve date d this a ~ h Yes X No Repot data souce{s) used. offering price(s). mid date(s). No rrsb of the was raurtd in the I did 1fir1 not analyse the arMau ra sale tar the st3ljea putctrase trarrsactiort. ExpWin the results dthe areh/sis d the rormact fa sak a "fiy the arelysis was riot ptafamed. Contratx Price S NA ate d Cattract NA Is the seller the owner d record? X YPS No DaU s Is [Isere arty financial assistance (ban chages, sale wncessias, gift a dotwlpatmtaR assistance. tsc.) b to paid by any party on hehaB d rte borrower? Yes No It Yes, report the rota) dotla arnam[ and describe the items to be paid. i NA Note: Race and the racial com [ion of the ~ horh ood are not a isal Factors. Neigfriort3oed Chaacterfstfcs OnrUnit housing Trends One-IIMt Housing Present lend Use % Loratlon Urban X Suburban Rtral Valdes Irruea X Stable PRICE AGE Ort~UnA 73 % BuiN- X Over 75% 25-75% llyda 25% X In Balance Ova 000 T-/ Unit 1 % Growth Ra ~ X Stable Slav - Time X Urda 3 mths }6 mtlts Ova 6 mtlts 58 Low 0 Mulfi-Fa ~ 1 % Neightwrfaod Boundaries SEE ATTACHED ADDENDUM 838 ~ 100+ Carmladal 10 % 215 Pred. 40 Otler VapM 15 % Neighbomaod Description SEE ATTACHED ADDENDUM Make[ CarMitbrts imdtt~ng support ra the above I13rld115kM15) The Cxrnent mo a market offers a wide vari of conventional loans with tbm tissue interest rates. As a resul the terms of financin have littlerf an im act on sales rice. Seiler concessions are ipl in some instances within this market and have little or no affect on value or markdabili Dimerabtts 68X81.55X6527X81-5 Neer .13 ACRE Sher RECTANGULAR Yrew AVERAGE Z Classtficadan CL Zorii err COMMERCIAL LIMITED Z ~ X L Nonconlomu Grandatlered Use No Zod II describe K the hghest and best use d tfe sutgect property as improved {a as proposed per plans atW specfiptlons) the present ttse? X Yes No tl No, describe. Utlllties Public Other describe Public Othrx tlescribe Off-site lm T Public Private Ekxtl" ~ X Water X Strew ASPHALT X Gas X PROPANE Sa Sexr~ X FEMA Food Hazard Area Yes X No FEMA Flood Zone C FEMA I 420359/00028 FEMA Ma Date 4/15!17 Are the trU~es and off-site i fa the make[ area? X Yes No tl No, describe. Are there arty adverse sire routs a e>manal FarYas (easenraa5, ericroartmtaas, emiomterttal rxrtditiais laM uses, ac.)? Yes X No If Yes. describe. SEE ATTACHED ADDENDUM GEI~&RALDFSCRIPfION FUIINOATION EXTERIORDESCRIPr101V m~ialsftnrtii9m wrERIOR nWerialsltnrtdtlon Urals X Ore One wqh Unit Carrcrele Slab X Qa~M Foundation Wags CEMENT BU AVG Floss CPT VNU AVG rr d Stories ONE FuN Basrntart X Partial easenerrt Exoaia Walls ALUMINUM/ AVG Walh DW,PW AVG T X bet. Aa S-DetlErldUnrt BasarentArea 68p ,R RoofSutace SH,RUBBER/AVG TrimlFmish WOOD/AVG X Exiso UriderCOnst. BasenentFirvsh UNFINISHED% Gtttber5& ALUMINUM/AVG BathFloar VINYL/AVG n S RANCH Year Bush 1940 X Qr6ide En Pu Evidenced hdestalion window T VARIES/ AVG Storm Sashllrrwlated YES/ AVG Bath Wainscot VINYU AYG Car Sta None Elfetfive 25 Dam Settlemera Srzeens Y ES /AVG X Orivewa ~ d Cars 1 Attic Nate FWA t1WB8 Raisam Am eMtes s)t Surface AS, ST Oro Stak Stairs Other Fuel OIL Fu s 1 Fence f d Cars Fbdr X Battle Cool CertUal I1M CrxtliUOrf PatidDeck X Path ere d Cars Finaled Heated Irdividtal Otlra Pod Otlra ALL per. Built-in A ~ ntzs P Relti [a X Ra Dishwasler Mictovrave Orhg Finished area above rode contains 5 Rooms 2 Bedrooms 1 ea 776 re FeM d Gross L~ ~ Area Above Grade Addtional feahres [special energy efficierrt starts, ac.). Some lacemt?i1t windows- U feel bath- 100 am st?rvice~ Electrical service new in 1988. Destoi6e tie tnrtdttiarl d the property {inckrrkrg seeded rty,a.s, dettaiaation rertovatior6, renrhrldmg, ac.l. The stl iS in overall avers condition. Some exterior trim is in need of aintin .Some windows have [teen re (aced. An enclosed front rch is heattad a roximatel 7x20 and could function as a second bedroom. There were no unfavorable external inad uacles observed. No furttxiorlai or h sip) inad uncles r airs nt~ded, modernization or factors that would adverse affect marketabil' .The utrl" of the floor Ian is ipl fora [tome of this a e and ual' and should receive averse nce in the market lace. Are there arty physical deficiencies a adverse coriditiorts that alNect the livabil4y. soundness, a stritwval integrdy d tle prapert)n. Yes X No If Yes, describe. Does the property genaalty condom to the rieightiortiood (hmctbrel udky, style, cortdiaon, Irse, conshucnal. ac.)? X Yes Nd tl fYO, tlesmbe. f rMap M.v Fmm m YaM >ms Pale 7 h 6 toot ¢5033005 SUAAAIARY APPRAISIlL REPORT Uniform Residential Appraisal Report rxNa aeoD,aoD There are 1 dlaed lar sak in the r - un - ken S 99,900 ro S 99.900 illefe are 4 saws at da witllin the trelve rrarltt6 in sale ~ hom S 69.900 ro S 108900 FEATURE SUBJECT COMPARABLE SALE NO. t COMPARABLE SALE NO.2 COMPARABLE SALE N0.3 101 POPLAR STREET Adttess SUMMERDALE 200 MAY STREET WEST FAIRVIEW. 17025 511 WEST CUMBERLAND ST ENOIA 17025 310 5TH STREET SUMMERDALE, 17093 Pmxim a 2.0 MI 5 1.4 Mt SSW 0.39 MI WNW Sale Price S NA S 95.000 f 109,900 S 69 900 Sale PrirxJC>ram liv. AI® S 0.00 ft. f 140.12 . R S 147.72 R f 98.73 . ft Data s INSPECTION MLS MLS MLS Verification s) COURTHOUSE RECORDS COURTHOUSE RECORDS COURTHOUSE RECORDS VALUEADJLST?AENiS DESCRIPTION DESCRIPTON .1~)f DESCRIPTION .tis DESCRIPTON .(js Sale a Finandng Corressiorts NA CONVENTIONAL NONE CONVENTIONAL C.C. 54066 -4.000 CONVENTIONAL NONE Date d SaMlfime NA 12/13/2007 1ty3120D7 3242D08 locatbn AVERAGE AVERAGE AVERAGE AVERAGE LeaseholdlFee S' FEE SIMPLE FEE SIMPLE FEE SIMPLE FEE SIMPLE Sae .13 ACRE .04 ACRE 1000 .16 ACRE NO ADJ .19 ACRE NO ADJ Yiew AVERAGE AVERAGE AVERAGE AVERAGE RANCH RANCH RANCH RANCH dConstrttlion AVERAGE AVERAGE AVERAGE AVERAGE Apual Condition Above Glade 68 YEARS AVERAGE Tml alts !f8 YEARS GOOD Tml 9atla -9,500 78 YEARS GOOD Tml aO~ B:tls -10,900 82 YEARS INFERIOR TR! arirs 7,000 Room Count 5 2 1 4 2 15 -1,000 5 2 1 3 1 1 2500 Gms ' Area 776 . ft 678 . IL 2,000 744 tt NO ADJ 708 . ft easement & Fnristad Roams BBIOw Grade FULL BASEMENT UNFINISHED FULL BASEMENT FINISHED -2,500 FULL BASEMENT FINISHED - 500 SIMILAR UNFINISHED Functrarol ~ AVERAGE AVERAGE AVERAGE AVERAGE Flea' OFA! NO CA GHW/ NO CA OFA/ CA -3,000 OHW/ NO CA E Elhdent Items STANDARD STANDARD STANDARD STANDARD Gar NONE NONE NONE NONE PadYPaAdDeck CVD PORCH CVD PORCH CVD PORCH CVD PORCH FIREPLACE NO FIREPLACE NONE NO FIREPLACE NONE NO FIREPLACE NONE NO FIREPLACE 12X20 SHOP -2 000 Net Drop X - S 10,000 + X - S 20,400 X + f 7,500 Adjusted Sale Price d Nd AtS. -10.5% Gems 168% f 85000 Net Ad. -18.6% Grass 16.6% S 89 500 Net Adj. 10.7% Gass 16.5% S 77 400 I X did did not research the sale a transfer ttistay d the wbjeR poperty and oomprable sales. It ral exqun research dd X tlid not reveal ~ sales a ttarrsfas d the fa the three m the etTeOive daAe d lh5 aaL Data s COUNTY RECORDS rT>S~earrJl X did did rat remal a ~ sales a trarts~s d file sales hr the ~a ro the date of sale d the ble sale Dafa s COUNTY RECORDS de rtxdh d the research and ~ d the sek a trarlsier ~ d the and sales additional sales on 3 . fiEAl SLIBJECi COMPARABLE SALE NO.1 COMPARABLE SALE ti0.2 COMPARABLE SALE N0.3 Dated Prior SaletTransta NONE WITHIN 36 MONTHS 3/152007 NONE WITHIN 1 YEAR NONE WffHIN 1 YEAR Price d Rio SalelTrarrster Data Eflectrve Date d Data s) NA COURTHOUSE RECORDS UPDATED MONTHLY 540790 COURTHOUSE RECORDS UPDATED MONTHLY NA COURTHOUSE RECORDS UPDATED MONTHLY NA COURTHOUSE RECORDS UPDATED MONTHLY Anaysis d pier sale a trarrster hlsfdry d dte stlhjeU papery and irorrlpaable sales The Sub ro has not heart listed or sold within the 36 months. Com table one sold for S40 970 on 3/15/2007and was then rehabed. 5unrmary d Sales Catltpariwn Approach. D on market 1 60 2 28 3 128. Althou h a rtion of the sir -act is over crawl ce the sub'etx's basement is considered to be a full basement in the market Com table #1 had a new roof new lances and sidin and had been extensive renovated. Com arable fkL had been Dom remodeled over the St three ears. IrMerior hotps of cAm arable #3 were viewed arld it a red to tae inferior to itle sub' dark rtellin bath not u ated . Com table 1y3 was demolished for new construt~on after iYs sale. Com arable #3 had on one bedroom and was ad~usted for 1 verses 2 bedrooms. Indicated Value Sales f 85 000 IndicatM Value Sales Corn S 85,000 Cost (i( ) f NA Incanre A (itdeve f NA The market a roach is considered to tre the best indicator of value for this ro and is iven the neatest wet ht The inrbme a roach is Trio ro to bepuse few sin le fami houses are rented in this market The Cost A reach altho h considered was not a livable due to the a of the im rovements and the difficul in estimatin d reciation, This appaisal is Irede X 'as is.' stdtject ro cattpletnn per pans and spedhcafiarls an the basis d a hypdhefiral rndaon that the irrtprovenleras have best mmpleMd, ^ subject to the Iolliwnng repairs a aaaations on the basis d a hypothetical tnrtdition that [he repairs a alteraUOrts have freer[ tnmPleted, a ^ wbject to the (dlowing required inspection based on the r~nraardurary assumpiar that the cadabrt a dtdrtiatcy does rat revue ahaattorr a repair: SEE ATTACHED ADDENDUM. Based on a complete visual inspection of the interior and exterior areas of the subject property. defined scope of work statement of assumptions and limiting conditions. and appraiser's certification, my (our) opinion of the market value, as defined, of the real property [hat is the subject of this report is f 85,000 as or 8/12Pt008 , wtrirh is the date of i -on and dte effective date or this iseL ub c..,,, rrtu w,n ant nvciwc.an rv.am mo ~"~~'~'~" P¢Zd6 _.•.~~- tnot_os auoas The Appraisal F'Irm, Really n,~. ~",?I.1 ~" l.~ ~ t~ R03E~iT ~'. ZIE=GI_ER RECORDS"OF DEEDS CUf,1BERLANO COUNi'Y-PA 0 ~. JUL Z 3 fl~ ~ 1 ~ ~ Tax Parcel No. 09-12-2995-099 D E E D EXCEPTING AND RE.`SER VI_N LI1G'~ ESTATE THIS INDENTURE, made this Z G ~ day of JN ~y , 2001. BETWEEN MYRLE H. COLSON, widow, of Cumberland County, Pennsylvania, hereinafter referred to as "Grantor" AND SANDRA L. MIJNDIS, an adult individual and daughter of the Grantor, of Tioga County, Pennsylvania, hereinafter referred to as "Grantee". WITNESSETH, That in consideration of ONE DOLLAR ($1.00), lawful money of the United States of America, in hand paid, the receipt whereof is hereby acknowledged, the said Grantor does hereby grant and convey to the said Grantee, her heirs and assigns: ALL THAT CERTAIN tract or parcel of land and premises, situate, lying and being in the Township of East Pennsboro, County of Cumberland and Commonwealth of Pennsylvania, more particularly bounded and described as follows: BEGINNING at a point in the western line of Poplar Street 136 feet south of the southwest comer of the intersection of Valley and Poplar Streets; thence along the western line of Poplar Street South 19 degrees 50 minutes East 68 feet to a point; thence along lands now or formerly of Harry M. Horner Estate South 72 degrees 5 minutes West 81.55 feet to a point; thence along lands now or formerly of Harry M. Horner Estate North 19 degrees 50 minutes West, 65.27 feet to a point; thence along lands now or formerly of Geprge M. and Gloria B. Stites, North 70 degrees 10 minutes East 81.5 feet to a point, the place of Beginning. HAVING thereon erected a frame bungalow know as No. 101 Poplar Street, formerly known as No. 5 Poplar Street, Summerdale. BEING the same premise which Earl L. Strauser, Executor under the Last Will and Testament of Esther S. Strauser being recorded in Will Book 106, Page 970 by his Deed dated July 12, 1988 and recorded July 14, 1988 in the Office of the Recorder of Deeds in and for Cumberland County in Boak L, Volume 33, Page 589, granted and conveyed onto Marshall K. Colson, Sr. and Myrle H. Colson, husband 194929. I „.~ V ~ ~:. J' / f ~ i I ,r ~ ~~ and wife. The said Marshall K. Colson, Sr. died on August 17, 1992 thereby vesting title in Myrle H. Colson, the Grantor herein. UNDER AND SUBJECT, NEVERTHELESS, to all building restrictions, zoning regulations, easements, rights-of--way, reservations and restrictions, either of record or visible on the property herein conveyed, and subject to all rights of and ownership in public roads, streets and highways, whether or not opened. THIS IS A CONVEYANCE FROM MOTHER TO DAUGHTER AND IS, THEREFORE, EXEMPT FROM REALTY TRANSFER TAX. EXCEPTING AND RESERVING THEREFROM AND THEREOUT, unto Grantor, a life estate in all that certain lot of land and in the improvements and premises being conveyed hereunder for the duration of her natural life. TOGETHER with all and singular, the tenements, hereditaments and appurtenances to the same belonging, or in anywise appertaining, and the reversion and reversions, remainder and remainders, rents, issues and profits thereof; AND ALSO all estate, right, title, interest, property, claim and demand whatsoever, both in law and equity, of the Grantor, of, in, to or out of the said tract of land, and every part and parcel thereof. TO HAVE AND TO HOLD the said tract of land, which all and singular the premises herein described together with appurtenances, unto the Grantee, her heirs and assigns, to and for the only proper use and behoof of Grantee, her heirs and assigns forever. AND the Grantor, for her heirs and assigns, hereby covenants and agrees to warrant specially and forever defend all and each of the hereditaments and premises herein above-described and granted, or mentioned and intended so to be, with the appurtenances, against all and every other person or persons, whomsoever, lawfully claiming or to claim the same or any part thereof, by, from or under it, them or any of them. IN WITNESS WHEREOF, Myrle H. Colson, the said Grantor, has hereunto set her hands and seals the day and year first above written. WITNESS: GRANTOR: / _ ~ ~`'~ (SEAL} Myrle H. Colson COMMONWEALTH OF PENNSYLVANIA SS: COUNTY OF ~ ~CC,~~-,~ ) On this, the ~U day of ,~- , 2001, before me, a Notary Public in and for said Commonwealth and County, persons yap ared Myrle H. Colson, adult individual, known to me (or satisfactorily proven) to be the person whose name is subscribed to the within document and acknowledged that she executed the same for the purposes therein contained. IN WITNESS WHEREOF, I hereunto set my and official seal. .-~.~ . ~~„ ,~~,p: t a•+~iJ r~ii'r f'~ No Public /` 3 . . , ., ~ : ~: . ,, , v''~ 'v ~, . 4 r , F _ ~~ Y ~ ~ ~,, ,~, ' My Commission Expires: (SEAL) Notarlel Seal Jo Ana Seker, Notary P~ubtt~o E~i~i ~.lur~ 3!T ~ Auodanon a I HEREBY CERTIFY that the precise address of the Grantee herein is: Mrs. Sandra L. Mundis 111 McIntyre Street Blossburg, PA 16912-1113 E !";~~rtify t11is to be recorded l.} .:'tun~erland County PA ,~t~,~ `"~ ~ Recorder of Deeds i~ Attorn r Agent for Grantee ~J~1~~, ~~~~~ f;~~E;c;~ub~