HomeMy WebLinkAbout10-29-12 15D56101D5
REV-1500 exl°'-"'(Ft>'~/
PA Department of Revenue pennsylvanta OFFICIAL USE ONLY
°'°°'"'^'°'^'°'°°' Count Code Year File Number
Bureau of Individual Taxes Y
INHERITANCE TAX RETURN
PO BOX 280601
~~
HarrlsburD, PA 17128-060t RESIDENT DECEDENT
ENTER DECEDENT INFORMATION BELOW
Social Securty Number Date of Death
,__ MMDDYYYY Date of Binh MMDDYVYY
__.
' 08/05/2012 05/03/1952
Decedent's Last Name Suftix Decedent's First Name MI
iVERNER 'GREGORY q
(If Applicable) Enter SurvlvingSpouse's Information Below
Spouse's Last Name Suffix Spouse's First Names MI
__.
_... _.
Spouse's Social Security Number _.
' THIS RETURN MUST BE FILED IN DUPLICATE WITH THE
_ ! REGISTER OF WILLS
FILL IN APPROPRIATE OVALS BELOW
t~ 1. Original Return O 2. Supplemental Return O 3. Remainder Return (Date of Death
Prior to 12-13-82)
O 4. Limited Estate O 4a. Future Interest Com romise date of
P (
O :i. Federal Estate Tax Return Required
death after 12-12.82)
O 8. Decedent Died Testate
(Attach Co
of Will) O 7. Decedent Maintained a Living Trust 0 8. Total Number of Sate Deposit Boxes
py (Attach Copy of Trust.)
O 9. Litigation Proceeds Received O 1 D. Spousal Poverty Credit (Date of Death O YI . Election to Tax untler Sec. 9113(A)
Between 12-31-91 and 1-1-95) (Attach Schedule O)
CORRESPONDENT - THIS SECTION MUST BE COMPLETED. ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SHOULD BE DIRECTED T0:
Name Dayllme Telephone Number
;MARY A. ETTER DISSINGER ~^ ~'
REGISTER O~IkL$•D$E ONLX;
~ „i-- .
r ~,
First Line of Address :i' :''~ i ~-, `-~
~ -.
400 SOUTH STATE ROAD p i -
O: -...
Second Line of Address -'~' ~ -~
_. ~ -_~ .:
r
C ~.
City or Post Office _.. State 21P Code DATE FILED
MARYSVILLE PA 17053
Correspondent's a-mall address:
Under penalties of perjury, I declare that I have examined this return, Inclutling accompanying schedules end statements, and to the best of my knowledge and belief,
it Is true, correct and complete. Declaration of preperer other than the personal representative Is based on all Information of which preparer has any knowledge.
SIGNATphIE OF PERSON f}fS`POTISIBLE FOR FILING RETURN . a „ ...__
111 BAST COLUMBIA AVENUE ENOLA, PA 17025 ~ lJ
DATE
400 SOUTH STATE ROAD MARYSVILLE, PA 17053
PLEASE USE ORIGINAL FORM ONLY
Side 1
1505610105 1505610105
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1505610205
REV-1500 EX (FI)
Decedent's Social Security Number
Decedent's Name:
RECAPITULATION
1. Real Estate (Schedule A) .......................................... ... 1. 226,000.00
2. Stocks and Bonds (Schedule B) .................................... ... 2 ', 34,092.15 '.
3. Closely Held Corporation, Partnership or Sole-Proprietorship (Schedule C) .. ... 3. 0.00 ',
4. Mortgages and Notes Receivable (Schedule D) ........................ ... 4.. 0.00
5. Cash, Bank Deposits and Miscellaneous Personal Property (Schedule E).... ... 5. 52,955.42
6. Jointly Owned Property (Schedule F) O Separate Billing Requested .... ... 6. 0.00
7. Inter-Vivos Transfers & Miscellaneous Non-Probate Property "" '
(Schedule G) O Separate Billing Requested..... ... 7. 279,388.25
B. Total Gross Assets (total Lines 1 through 7) .......................... ... 8. 592,435.82
9. Funeral Expenses and Administrative Costs (Schedule H) ................ ... 9. 30,997.87
10. Debts of Decedent, Mortgage Liabilities and Liens (Schedule I). _ ......... ... 10. ', 141,97074
11. Total Deductions (total Lines 9 and 10) . ......... ........ .. .... ... 11. 172,958.51
12. Net Value of Estate (Line 8 minus Line 11) ....... .. ....... ....... .. 12. 419,467.21
13. Charitable and Governmental Bequests/Sec 9113 Trusts for which "" """ " "
an election to tax has not been made (Schedule J) ...................... .. 13. '. 0.00
74. Net Value Subject to lax (Line 12 minus Line 13) ...................... .. 14. 479,467.21
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_ '. 0.00
15. !
0.00
16. Amount of Line 14 taxable _ _ ___ ..._.. _.....
at lineal rate x .0 45 ', 419,467.21 16. 18,876.02
17. Amount of Line l4 taxable ~ ~. --- ---- .. ...... ...._.
at sibling rate X .12 0.00 77,
18. Amount of Line 14 taxable "' . _. _. ......... ....._.. __.. _...... ...
at collateral rate X .15 0.00 18 '..
_.
19. TAX DUE ........................... ............................ .. 19. 78,876.02
20. FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT O
Side 2
1505612205 1505610205 J
REV-1500 EX (FI) Pa9e 3
Decedent's Complete Address:
File Number
DECEDENT'S NAME
GREGORY A. VERNER
STREET ADDRESS - - ----
39 COLLEGE HILL ROAD
crrv -
ENOLA ~ sTATE PA ilc 17025
Tax Payments and Credits:
1. Tax Due (Page 2, Line 19)
2. CreditslPayments
A. Prior Payments 17,932.22
--
B. Discount 943.80
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.
(1) 18, 876.02
Total Credits (A + B) (2) 18,876.02
(3)
(5)
0.00
(4)
0.00
Make check payable to: REGISTER OF WILLS, AGENT.
,.r; v.l ~ ~ h7 y 9 ~ ., i, F4 y ~,.i :'u,nI F ,l Ala:. i i=1 ~ ~,li ,,..~!~~;i`~, i. ~~ ~~,. ].i , pit ~., , i~r.,, ai ~t''.~ :.4 '
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 tmnsferred .................................................................................... ...... ^
b. retain the right to designate who shall use the property tmnsfemed or its income ...................................... ...... ^
c. retain a reversionary interest ........................................................................................................................ ...... ^
d. receive the promise for life of either payments, benefits or care? ................................................................ ...... ^
2. If death occurred after Dec. 12, 1982, did decedent transfer property within one year of death
without receiving adequate consideration? ........................................................................................................ ...... ^
3. Did decedent own an "intrust for" orpayable-upon-death bank account or security at his or her death? ........ ...... ^
4. Did decedent own an individual retirement account, annuity or other non-probate properly, which
contains a beneficiary designation? .................................................................................................................. ...... ~ ^
IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS YES, YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETURN.
.. ,.( ~, `ti .. ~ ~$.i3i r;ltx .., 11th Il in t.., ~I sh a;r
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
fling 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 lax 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 0 percent [72 P.S. §9116(a)(1.2)].
• The tax rate imposed on the net value of transfers to or for the use of the decedent's lineal beneficiaries is 4.5 percent, except as noted in [72 P.S. §9116(a)(1)].
• The tax rate imposed on the net value of transfers to or for the use of the decedent's siblings is 12 percent [72 P.S. §9116(a)(1.3)]. Asibling is defined,
under Section 9102, as an individual who has al least one parent in common with the decedent, whether by blood or adoption.
REV-1502 EX+ (01-10)
~~ _ ~ ~` Pennsylvania
DERARTMENT OF REVENUE
INHERITANCE TAX RET-RN
RESIDENT DECEDENT
SCHEDULER
REAL ESTATE
ESTATE OF: FILE NUMBER:
GREGORY A. VERNER 21-12-1879
All real property owned solely or as a tenant in common must be reported at fair market value. Fair market value is defined as the price at which property
would be exchanged between a willing buyer and a willing seller, neither being compelled to buy or sell, both having reasonable knowledge of the relevant facts.
Real property that is jointly-owned with right of survivorship must be disclosed on Schedule F.
Attach a copy of the settlement sheet if the property has been sold.
ITEM Include a copy of the deed showing decedent's interest if owned as tenant in common. VALUE AT DATE
NUMBER
DESCRIPTION OF DEATH
1 39 College Hill Road 226,000.00
Enola, PA 17025 (Appraisal attached)
TOTAL (Also enter on Line 1, Recapitulation.) # 226,000.00
If more space is needed, use additional sheets of paper of the same size.
REV-v5o3 EX+ (8-u)
~ Pennsylvania
OEPAATMENT OE REVENUE
INHERITANCE TAX RETURN
RESIDENT DECEDENT
SCNEDIILE B
STOCKS & BONDS
ESTATE OF FILE NUMBER
GREGORY A. VERNER 21-12-0879
All property jointly owned with right of survivorship must be disclosed on Schedule F.
it more space Iss neeoetl, Insert atltlitional sheets of the same size
REV-t5o8 EX+(o8-iz)
~i ' Pennsylvania
~iT DEPARTMENT OF REVENUE
INHE0.ITANCE TA% RETVRN
RESIDENT DECEDENT
SCHEDULE E
CASH, BANK DEPOSITS & MISC.
PERSONAL PROPERTY
ESTATE OF: FILE NUMBER:
GREGORY A. VERNER 21-12-0879
Include the proceeds of litigation and the date the proceeds were received by the estate.
All property jointly owned with right of survivorship must be disclosed on Schedule F.
u more space is neeaec, use adonional sheets of paper of the same size.
REV-1510 FX+ (08-09)
~ ;` pennsylvania
OEPARTMFNT OF REVENUE
INHERITANCE TAX RETURN
RESIDENT DECEDENT
SCHEDULE G
INTER-VIVOS TRANSFERS AND
MISC. NON-PROBATE PROPERTY
eelnEa yr FILE NUMBER
GREGORY A. VERNER 21-12-0879
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
mcwDF TxE nAME OP TnE TawsreREE, rnetR RFUnorvsxiP TO DECeoexT AnD
THE DATE OF iRAN5FE0., AIIACHACOPY OF THE DEED FO0.0.EAL ESTATE,
DATE OF DEATH
VALUE DF A$$ET
%OF DECD'$
INTEREST
EXCLUSION
(IF APttIGaIE
TAXABLE
VALUE
1 KSKJ Policy number 05-115620 (Statement attached)
1,316.25 100 0.00 1,316.2:
2 KSKJ Policy number OS-116815
65,719.79 100 0.00 . 65,719.7<,
3 KSKJ Policy number 09-120631
52,401.26 100 0.00 52,401.2E
4 KSKJ Policy number 10-124274
32,007.70 100 0.00 32,007.7(
5 Great Wester Investments -Deferred Compensation Plan
127,943.25 100 0.00 127,943.2E
TOTAL (Also enter on Line 7, Recapitulation) # I 279,388.25
If more space is needed, use additional sheets of paper of the same size.
REV-0.511 E%~~ (1tl-d9)
~ pennsylvania
DEPARTMENT OF REVENUE
INHERITANCE TAX RETURN
RESIDENT DECEDENT
SCHEDULE H
FUNERAL EXPENSES AND
ADMINISTRATIVE COSTS
ESTATE OF FILE NUMBER
GREGORY A. VERNER 21-12-DR7R
Decedent's debts must be reported on Schedule I.
ITEM
NUMBER DESCRIPTION AMOUNT
A. FUNERAL EXPENSES:
1.
e. ADMINISTRATIVE COSTS:
1. Personal Representative Commissions:
0.00
Name(s) of Personal Representative(s)
Street Address-
City State
ZIP
_
_
Year(s) Commission Paid:
Z~ Attorney Fees: 29,621.79
3~ Family Exemption: (If decedent's address is not the same as claimant's, attach explanation.)
Claimant
Street Address
City _ State
ZiP
_
_
Relationship of Ciaimant to Decedent
4. Probate Fees:
393.50
S~ Accountant Fees:
6. Tax Return Preparer Fees:
~ Cumberland Law Journal
75.00
a. Carlisle Sentinel
104.58
s. Register of Wills
24.00
tD Leon Gerlach (RE: Appraisal)
325.00
~ ~ Ron Hess (Personal Property Appraisal)
350.00
t2. Janney Montgomery Scott (Fee for DOD evaluation)
50.00
1 d
54.00
TOTAL (Also enter on Line 9, Recapitulation) S 30,997.87
tt more space is needed, use additional sheets of paper of the same size.
REV-1.512 EXr (12-DH)
~ 'pennsylvania SCHEDULE I
DEPARTMENT OFPEVENUE DEBTS OF DECEDENT,
INHERITANCE TA%RETURN MORTGAGE LIABILITIES & LIENS
RESIDENT DECEDENT
ESTATE OF FILE NUMBER
GREGORY A. VERNER 21-12-0879
Report debts Incurred by the decedent prior to death that remained unpaid at the date of death, including unreimbursed medical expenses.
ITEM VALUE AT DATE
NUMBER DESCRIPTION OF DEATH
t' CITI Mortgage, Inc. Account number 1120057049-4 140,738.13
2. PSECU Visa 38.74
3. Checks written on Metro Bank account 138.00
and paid after date of death 155.25
a. Pennsylvania American Water 42.30
5. Bradley's Property Management 148.40
6. PPL 94.57
7. Bradley's Property Management 148.40
8. UGI 18.63
9. Vedzon 129.43
~ 0. East Penns Boro Township 138.00
11. UGI 32.49
~ 2. Bradley Property Management 148.40
TOTAL (Also enter on Line 10, Recapitulation) # 141,970.74
If more space is needed, insert additional sheets of the same size.
REV-1513 EX+ (O1-10)
~ ' Pennsylvania SCHEDULE J
DEPARTMENT OF REVENUE
wneRITANCE TAx RETUaN BENEFICIARIES
RESIDENT DECEDENT
:STATE OF: FILE NUMBER:
GREGORY A. VERNER 21-12-0879
NUMBER
NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY RELATIONSHIP TO DECEDENT
Do Not List Truatee(s) AMOUNT OR SHARE
OF ESTATE
I TAXABLE DISTRIBUTIONS [Include outright spousal distributions and transfers under
Sec. 9116 (a) (1.2).]
1. Jennica Marie Heagy Hockley Stepchild 319,947.00
111 East Columbia Avenue
Enola, PA 17025
2. Anthony PeterVerhovshek Son 41,311.88
11855 Pomraning Road
Brogue, PA 17309
3. Gregory J. Verhovshek Son 26,200.63
2338 Ammokalee Road #275
Naples, FL 34110
4. Anthony Vedlovshek Father 32,007.70
ENTER DOLLAR AMOUNTS FOR DISTRIBUTIONS SHOWN ABOVE ON LINES 15 THROUGH 18 OF REV-1500 COVER SHEET, A S APPROPRIATE.
II NON-TAXABLE DISTRIBUTIONS
A. SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT TAKEN:
1.
B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS:
1.
TOTAL OF PART II -ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET. IS
If more space is needed, use additional sheets of paper of the same size.
LAST WILL AND TESTAMENT
OF
GREGORY A. VERNER
I, Gregory A. Verner, of 39 College Hill Rd., Enola,
Cumberland County, Pennsylvania, being of sound and disposing
mind, memory and understanding, do make, publish and declare this
to be my Last Will and Testament, hereby :revoking all Wills and
Codicils heretofore made by me.
ITEM I. I direct that all my debts and funeral expenses,
including my cemetery lot and grave marker and all expenses of my
last illness, shall be paid from my residuary estate as soon as
practicable after my death as part of the expense of the
administration of my estate.
ITEM II. I make the following specific devises and
bequeaths:
a• my gun safe, all guns, ammunition, gun cleaning
supplies, gun parts, and all gun related material
and pazaphernalia to Anthony Peter Verhovshek and
his issue per stirpes.
ITEM III. I devise and bequeath a17. of the resr_, rr-sidue and
remainder of my estate of every nature and wherever situate to
Jennica Marie Hagy Hockley. For reason I care not to disclose, I
leave nothing to Gregory John Verhovshek in my Will.
ITEM IV. I direct that any and all Inheritance, Estate and
Transfer taxes imposed upon my estate passing under my Will or
otherwise, shall be paid out of the principal of residual
~.,
estate. ,,,
-r,
CD'l7 r F'`I
~~~ ~, q ~
~ ,.
C:r
gr.,. =+:
r. _
ITEM V. I appoint Jennica Marie Hagy Hockley, Executrix of
this my Last Will and Testament. I relieve my Executrix from the
necessity of posting security in connection with her duties as
such in any jurisdiction in which she may be called upon to act.
IN WITNESS WHEREOF, I have hereunto sf=_t my hand to this my
Last Will and Testament, which consists of ~.
pages, to each of
which I have affixed my signature this ~ day of
two thousand and eleven (2011).
Liz~_
Greg ry }>,. Verner, Testator
Witness
Witness
Subscribed and sworn to and acknowledged
before me by Gregory A. Verner, Testator
and subscribed and sworn to and acknowledged
before me by ( ~ _ ~_" _ , , ~ ~ ~. • ,
and
5~a~-fie Y~~^ witness ~ this
~h day of ~,~1,_ 2011.
NOTARIAL SEAL
DANIELLE R VAN HORN
Notary PYOIIO
MARYSVILLE BOROUGH, PERRY COUN)Y
My Commission Expires Mar 31, 201
COMMONWEALTH OF PENNSYLVANIA .
ss ..
COUNTY OF > ~-
We, Gregory A. Verner, and i i ( and
~~(~~~' \~('~\~YZ~ Y the testator and the wi nesses
respectively, whose names are signed to the attached or foregoing
instrument, being first -duly swcrn, do hereby declare to the
undersigned authority that the testator signed and executed the
instrument as his Last Will and that he had signed willingly, and
that he executed it as his free and voluntary act for the purposes
therein expressed, and that each of the witnesses, in the presence
and hearing of the testator, signed the Will as witness and that
to the best of their knowledge the testator was at that time
eighteen years of age or older, of sound mind and under no
constraint or undue influence.
~~1~ ~/-.
Grego A.. Verner, Testator
.
.. _....._,. , f .........
~~.
Witne s
Witness
Subscribed and sworn to and acknowledged
before me by Gregory A. Verner, Testator
and subscribed and sworh to and acknowledged
before me by j~~,y~u,~,~ i~`~.tnGP/ and
.~~na1-fie (11 ltY'1tVYl~ witne ss7`es this
I day of 'TI°, v~, ~n~, ~~ 2011 .
n
~ '~ 1 ~ '~ ~ 1 d: ,
Nota y ublic
NOTARIAL SEAL
DANIELLE R VAN HORN
Notary Public
MARVSVILLE BOROUGH, PERRY COUNTY
My Commission Expires Mar 31, 2013
August 23, 2012
ESTATE APPRAISAL OF PERSONAL PROPERTY
RE: Estate of Greg Verner, DOD August 5, 2012
Personal property was examined on August20, 2012 at the residence (39 College Hill Rd , Enola, PA) in
the presence of Ms Jennica Hockley, Executrix and Tony yerhovshek, son of decedent; a nd, the following
valuations for the items described are provided:
ITEM DESCRIPTION APPR. VALUE
Chicago 3 hp air compressor $ 60
Snapper Model 7/24 snow blower 250
24' aluminum ext. ladder 20
Pruner with long handle 10
Werner fiberglass step ladder 25
Fire axe 10
Multiple extension cords (various lengths) 10
Black & Decker 16" elect. Hedge trimmer 10
Misc lawn & garden handled tools, incl rakes, shovels, planting spade, maul,
Coppers, hedge trimmers, snow shovels, ice scraper, sledge hammer,
Post hole digger, digging bar, etc. 65
10 gal, 4 hp Shopvac 20
Master Mechanic socket set S
Bicycle pump 2
Bale of twine S
Trash bags, flash light, broom & dust pan S
Wooden clothes trees (2) 10
Floor lamps 20
Sofa & chair (matching upholstery) S
Portable wooden bar w/3 stools 50
1
ITEM DESCRIPTION
Framed original artwork:
Residence by Charley Krone
St. Theresa Church, New Cumberland by Charley Krone
Barn by George Logan
Walnut St Bridge by Charley Krone
Small photo by Melissa White
Oil painting by Kitti Neill
Nude (pen & ink) by Edward Moclolr
Large Oriental silk screen painting
Pr frmd gamebird prints (Franklin Mint) by Ken Mickleson
Vacuum cleaners, incl Dyson, Shark & Hoov@r upright
Craftsman made pie cupboard
Card table, plant stand & pr TV trays
Dinette table & four chairs
China hutch cupboard
Microwave & stand
Kitchen utensils, incl flatware, tableware, small appliances, pots & pans, etc.
Mist lamps, incl matching dresser lamps, living rm end table lamps, occasionals, etc.
Matching sofa & chair(LaZboy)
LaZboy chair (beige)
Pr mist frmd prints (living rm)
Sony 32" TV
Tall display shelf (6' tall, modern) in living rm
Pr Broyhill end stands
Cherry wood desk w/corral & office chair
Wooden two drawer file cabinet
Fellowes paper shredder
APPR. VALUE
75
75
75
50
10
50
30
50
20
40
20
10
50
76
10
75
40
76
50
50
65
15
40
50
20
20
2
ITEM DESCRIPTION APPR. VALUE
Small Gardall combination safe 30
Modern wardrobe 10
Five pc Broyhill bedroom suite (queen size bed) 125
Small cast iron cannon w/brass barrel
15
Wall mount barometer & plastic clothes hamper
10
Window A/C units 100
Luggage & end stands
10
Oak plant stand
10
Small blue upholstered bedrm chair
15
Water filled, base board style electric heater
15
Kenmore refrigerator w/top freezer 75
Canned foods, dry goods, cleaning supplies, etc 100
Craftsman made cedar lined blanket chest & contents
30
Lawn chairs & garden hose
10
White porcelain top table w/drawer
15
Kenmore auto washer & electric dryer
140
Pr 1950's era chest of drawers
20
Metal top work table
20
Canteen
5
Fans, Cosco step stool, work lights on tripod'& small electric heater 25
Electrical & plumbing tools & mist hardware
50
Central Machine, Model 726, 12 speed, bench top drill press SO
Makita sawzall incase
40
BernZomatic mapp gas torch, Dremel tool & 3 ton bottle jack 20
Electrical cable (# 12 & #14, some shielded, i~pprox 1000 ft) + mist copper cable 250
Threaded rod, galvanized pipe, PVC sch 40 pipe & PVC fittings
50
Large qty of mist screws, nuts & bolts
50
3
ITEM DESCRIPTION
APPR.VALUE
Sears electric leaf blower
10
Pr lawn chairs & bookcase (shed contents),
10
Misc carpentry & household hand tools, incl hammers, hatchets, chisels, bolt:
Cutters, meas. Tapes, levels, square, screwdrivers, wrenches, pliers,
Coping & hack saws, crow bar, steel rule, machete, etc
150
Three electric drills
30
Craftsman scroll saw & Skil circular saw
25
Kraeutersocket set
20
Black & Decker 10" chop saw on stand
25
Ridgid 20 gal Shop Vac
30
Delco bench grinder
15
Ultrasonic hand held laser level & Skilsaw Batt powered wall clock
15
Three hardware caddies (all full)
30
Dell home computer sys, incl tower, crt, printer, keyboard, router, supplies, etc
100
Handmade wooden boxes (5+)
30
Gas grill & picnic table
35
Murray 6 hp, 22" push power mower
20
Stihl MS 250 chain saw
125
Galvanized tubs & gas can
25
Scotts spreader & small Gardenway cart
35
Large cast iron well hook
10
Push reel mower, saw horses, bird feeder, table top grill & orange plastic fence
35
Christmas decorations (2 tubs)
10
2010 Subaru Outback, 2.Si Limited, 4 door model having 15K miles
18,892
Auto valuation is TMV (trade-in) frorh Edmunds.com on 8/23/12.
4
Firearms, Ammo & Accessories
1. Ruger Ranch rifle, .223 cal, synthetic stock & forearm, s/n 581-40741 41:
2. Marlin Model 9, 9 mm semi auto, wood stock
s/n 011462
c. ,
Rem 870 Marine Mag, 12 ga pump, synthetic stk, s/n AB335949M 250
400
4. Marlin Mod 6055, .22LR, semi auto, s/n 91425947 125
5. Marlin Mod 981TS, .22 S, L, LR, bolt action, w/scope, s/n 91683697 175
6. Ruger Mod 77/22, .22 LR, all weather, 6x Redfield scope, s/n 700-90708 400
7. Rem 700, .223, Hart custom rifle, Leupold VX 3 scope, s/n 86684527 1600
8. Rem 700, .243, Hart custom rifle, Leupold 6.5-20x scope, s/n 86766761 1600
9. Rem 700, .308, Hart custom match rifle, Leupold 6.5-20x scope, s/n G5799291 1800
10. NAA .22LR, 5 shot revolver, 1.125" barrel, unknown s/n 100
11. Beretta Mod 95085, .25 cal, semi auto, s/n BU60568V 100
12. 5&W, M8eP R8, .22LR, 8 shot rev, cUStom Perf Ctr gun, unknown s/n 700
13. Glock Mod 23, .40 cal, semi auto, unknown s/n 350
14. Ruger Mk II, .22LR, semi auto, SS, uhknown s/n
15.
S&W Mod 5906, 9mm, semi auto, s/n TC16711 200
16.
Ruger Vaquero, .45 cal revolver, S5, s/n 58-80763 325
17.
Ruger GP100, .357 cal, revolver, SS, s/n172-47490 300
300
18. S&W Airlite, Mod 340 Sc Cent, .357 cal, hammerless, unknown s/n 400
19. Springfield Armory, Mod 1911-A1, .45 cal, semi auto, SS, s/n N499968 500
20. S&W, Mod 617-6, .22LR, 10 shot revolver, S5, s/n CPL-8051 225
21. SSeW Mod 629-3, .44 mag, Classic revolver, SS, unknown s/n 450
22. Ruger Super Redhawk, .454 Casull/.45 Colt, revolver, s/n 552-32915 400
23. Mossberg Mod SODA, 12 ga, Bullpup, s/n K749357
24.
Rem XP100 Hunter, .223 cal, bolt act w/Burris 3-12x scope, s/n 87519531 400
800
Ammo, incl .223, .243, 308, .40 S&W, .22LR & custom handloads 800
Commemorative knives & ammo tins 150
Custom cases to carry long guns 80
Weaver Classic 3-9x matte black scope 100
Leupold VX 3, 6.5-20x scope, target knobs, illuminated reticle, orig box 350
Total appraised value ................................................................$ 36.484.00
Appraiser: °~-..-O~Q "r• ~`~-e.t.a
onald F. Hess
Auctioneer:
Dave Ma ee
PA Lic AU 3753 L
Ph (717) 957-4878
none urt numt urrict IQJ 001/004
2439 GLENWOOD AVENUE
JOLIET, IL 60435
1.800-843-5755-EXT. 533-TOLL FREE
1-815f183-2961-FAX
nancy@kskjlife.com
To: MARY ETfER DISSINGER I
T From: NANCY GARRETT
pa:c 717-857.2316 ~ Pages:
Phar:e: p:Rn 10/2/2012
Rk CCe
^ Urgent C~ For Revlaw O
PLEASE CALL TO DISCUSS
THANKS,
NANCY GARRETT
Commo:k ^ Plsue Reply O Please Recycle
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Type of Mortgage - ~'
R
TE
~ ~~
PIXED
A
LOAN
Pnncipal Balance $140,738.13
Interest Rate 5.9850045
Escrow Balance $739.50
Interest Year to Date $8
380.48
sexes Paid Yeer to Dete ,
$290918
PAYMENTS CURRENT
RECEIVED PAYMENT DUE
)ate 09/01/72 10/01!12
'rincipal $284.92 $288.34
nterest $703.35 $701.93
:scrow $286.71 $286.71
'otal Amount ;17/4.88 ;7,274.88
108/16/12, $2,236.65 was paid (or School Tax
Account Number: 712005704&4
GREGORY A VERNER
Please deslgnete haw you rant ua to appy any atldhlonel footle.
UndesiBneted Nnds flrM pay oulerontling late charges entl fees, then
pdnclpal. Once paid, eddmonel funds cannot ha returned.
Please check boz to indicate mellln8 eddresarphone number changes
end abler On reverse side.
Include aetount number on check end make peyaDle to:
r~uln~ll~llnp~l~lllll'll'I'~IPIuI~I~r~~~I~~~III1nLh11L1
CITIMORTGAGE, INC.
PO BOX 183040
COLUMBUS OH 43218-3040
nis is not a bill. Please disregard the coupon unless you are making additional
AUTOMATIC PAYMENT WITHDRAVI
The amount of $1,274.98 will be automatic
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r~rllll~llr~rll~ll~~~rl'll~ll~'~~PI~~r~Ilr~yrrrlrll~dll~IlLl
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GREGORY A VERNER
~~ ESTATE OF
g ~ 39 COLLEGE HILL ROAD
~ ENOLA PA 17025
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Visit us at www.citimortgage.com ~
~~
~' ~ . r ~
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Due Date: Total Amount Duo:
ses detail below: 10/01/12 $1,274.98
Atld8lonal Principal;
Additlonal Escrow: gj
K payment recalved after: 10118/12 Q'
Add late charge of; $gg.89 ~P
Additlonal Monthly Payment:
Total Amount @nclosad
Please tlo not aentl ceeh. Please allow 7 to 10 days for postal tlelivery.
ncipal, escrow, repaying tax andlor insurance paid on non-escrow aaounts or see payments.
- PLAN -PLEASE DO NOl' MAIL A PAYMENT
deducted on 10A11/12 or the next business day.
PSEC~
Dissinger and Dissinger
Attorneys at Law
4Vi11iam C. Dissinger, Attorney
400 S. State Rd.
Marysville, PA 17053
Re: GREGORY A VERNER, Deceased.
PSECU Reference # 638225594557
Dear Attorney Dissinger:
The above referenced person has an account with PSECU which was opened on May 6,
1983. The Share accounts were individually held by GREGORY A VEiRNER. The Visa,
loan was individually held.
09/04/2012
The following are the Date of Death Balances for GREGORY A VERNER's account with
PSECU:
Account
Shares:
(S1) Savings
Date of Death Balances
$1,255.60
Interest -August 1-5
Loans:
(L9) Visa Loan
$2
$0.03
On August 6, 20012, a charge of $1Q.75 posted on Gregory's Visa Loan. This was from
Tracfone Services. If the Estate has 'sufficient funds to payoff the decedent's Visa loan,
please remit a check, made payable t~ PSECU for $38.74. If there are not sufficient funds to
payoff this loan, please submit a left r of insolvency along with supporting documentation
such as a final inheritance tax return land financial accounting.
The account has been closed. If you
8484 or toll-free at (800) 237-7328, I
any questions, please contact me at (717) 234-
6, extension 3120.
Sincerely,
~S~y Fa ley J~ 1 U
Member Service Representative
PSECU
Pennsylvania
1 Credit Union Place, P.O. Box 67013, f
Employees Credit Union
rg, PA 17106.7013 • 800.237.7328 • :.>psecu.com
THIS CREDIT UNION IS FEDERALLY INSURED BY THE NPTIONAL CREDIT UNION ADMINISTRATION. EQUAL OPPORTUNITY LENDER.
METRO
BANK
3801 Paxton Street
Harrisburg, PA 17111
888.937.0004
mymetrobank.com
August 30, 2012
Dear Mr. Dissinger,
We received your letter in regards to Mr. Gregory A. Verner and I am writing you to give you the
answers to your questions in reference to his account with Metro Bank
1. The sole registered owner for the account was Gregory A. Verner.
2, The account was opened May 5, 2009.
3. There was NO changes to the ownership or registration of the checking account within three
years prior to the date of death.
4. The interest rate for this account was .15%
5. The balance at the date of death are as followed:
• August 5, 2012- $15,187:83
• August 8,2012 a check cleared for $138.00 making the balance $ 15,049.83
• August 8, 2012 a check cleared for $ 155.25 making the balance $ 14,894.58
• August 15, 2012 a closing withdraw was done in the amount for $ 14894.58
If there is anything else we can do please feel free to give me a call.
~~,~
Angelique Waters
Customer Service Representative
Metro Bank- Camp Hill Mall
717-920-5740
Janney Montgomery Scott LLC
Lemoyne Office
20 Erford Road Suite 315
Lemoyne, PA 17043
717-731-4400 800-622-7200
Fax:717-731-4411
Fax Cover Sheet
Fax: ~1 - Z3 I fo
Phone:
Re: ~'l(.~.Q~...
From: 4~~- ~~1~
Pages: ~
Date: ~ ~ 18 ~ I L
CC:
The information Contained in this fax message is intended only foriha personal and confidential use ofthe recipient(s) named
above. This message is pdvilaged and confidential If the reader of this message Is not the intended recipient Or an agent
responsible for delivering ii to the intended reelpient you are hereby notified that you have receNed this document in error and that
any revlow, dissemination, distribution or copying of this massage is strlctfy prohibited. iFyou have ~---iqy this communication in
error, please noilfy us immediately by telephone and return the original to us by mail.
MEMBERS: NYSE RNRA SIPC
I00'd ST44SELLTL
SWP 24:60 ZiOZ-8i-d8S
Trusted Advisors for Generations
satate Va3Wtion
Date of Death; 08/05/2032 Estate of: arogory A. Verner
Valua tlon Date; 08/05/2012 Account: 3173.9870
PTOCa seing Date: 09/14/2012 RepOYE Type: Dato Of Death
NumbeY OE SOCUY1 C1C0: 1B
Filo ID: Gregory A. Verner - 7173.9870 - DOD 0-5-12
Shaxee Security mean and/or DSv and Iat security
Or Paz Description High/Ask Low/Hid Adjustmanca Accruals Value
1) 200 C¢DAR REALTY TRUST INC (150602209; CDR)
COM NEW
Naw York Stook Exchange
06/03/2012 5.19000 4.98200 N/L
08/06/x012 5.24000 5.08000 H/L
5.:123000 3,024.60
2) 4 DRDCOLD LIMITED )26152H301)
SPON ADR R¢PSTC
The NASDAQ Stock M0.T$eL LLC
08/03/2012 6.15000 6.Oa0D0 ri/L
08/06/2012 6,15000 5.66000 H/L
6.050000 24,20
3) 100 ¢AETMAN KODAK CO (E1CDK0)
COM
Other OTC
08/03/2012 0.60500 0.50300 H/L
08/06/2012 0.60800 0,55800 N/L
0.568500 56.85
4) 108 FIAST NIAGARA FINL OP INC {33582V108; FNFG)
COM
Tne NASDAQ StOCk Market LLC
08/03/2012 7,97000 7.56500 H/L
08/06 /203z 8.03000 7,79010 H/L
7.;433776 8a6.o5
n1v: 0.06 fix: 08/01/2012 Roc: 08/03/2012 Pay; 08/15/2032 8.64
6) 100 CBNSRAL ELECTk2C CO (369604103r Gfi)
COm
New York Stock Exchange
06/01/2012 21.00000 20.77000 H/L
08/06/2012 21.18000 x0.90000 H/L
20.962500 2,096.25
6) a CSNERAL MTRS CO (37045V118)
WT EXP 071016
New York stock Exchange
08/03/2012 11,34000 8.70000 ri/L
08/06/2012 11.31000 10.99000 H/L
10.585000 Ba,68
7) B GENERAL MTRS CC (37045V126)
NT EXP 071019
New XOrk Stock Exchange
08/03/2012 6.95000 6.20000 ri/L
08/06/2012 6.91000 6.69000 H/L
6.57%500 53.42
e) 9 G¢NERA1, MTRS CO (77D45V100; CM)
COM
Naw York Steck Exchange
OB/03/201z 20.10000 13.25000 H/L
06/06/2012 20.10000 19.76000 H/L
19.802500 178.22
9) 119 INC GR08P N V (456837103r TNG)
SPONSOREa ADR
New Xoxk Stock fixchange
08/07/2012 6.68000 G.49D00 H/L
08/06/2012 6 95000 6.83000 H/L
6.')37500 801.76
30) 400 KONINKLISKE AHOLD N V (500467402; AHONY)
SPON ADR 2007
OEher OTC
08/03/2012 12,27000 12.11000 H/L
Oe/06/2012 12.47000 12.34000 H/L
12.297b00 4,919.00
Page 1
This report wa6 produced wiCh setateVal, a product of EOCaCe Valuations & priding Sy5teDl5, Inc. If you have questions,
plea0e contact EVP Syateme at (8181 717.6300 oY www,evpeya,com, (Revleion 7.3,0)
Z00'd IT44IELLtL SWP 24:60 ZIOZ-8I-d3S
eoo•a ~v,toi
Data of Death : OB/05/2D12 EsiaLe o[: Gsagory A, Verner
Valvatioa Date: 00/05/2012 ACCOUhLt 3177-9670
Proce00Sng Da te: 09/14/2012 Acport Type: Date of Death
Number of Securitie0: 18
FLla ID: GrogOry A. Verner - ]v3.9B70 DOD 8-5-12
Ehares security McaD and/or DiV and Int Security
or Pax DescrSpLion High/AHk Low/Hid Adjuatmanta Accruals Value
11) 100 kRISPY XREME DOUGFaNTS INC (503036109; XXD) -~~- ^
COM
New York 9COCk Exchange
08/03/2012 6,18000 G. a7 D00 H/L
08/06/2012 6.2x000 6,13990 H/L
6.1.47475 614,75
12) zoo MICRON TECH1nOLOGY INC (595112103; MD)
COM
New York stack Exchange
09/07/2012 6.63000 6.24000 H/L
08/06/2012 6. G4000 6.32000 R/L
6.412500 1,282,50
13) 2 MOTOR: LTO CO GUC TR (NYLON)
UNIT BEN INT
FINRA Other oYC
08/03/2012 14,35000 13.57000 H/L
08/OG/201z 14.1300D 13.80000 H/L
13,562500 27,93
14) 200 PENN NATL GAMING INC 1707569309 PENN)
COM
The NASDAp Stack MarkeC LLC
08/03/2012 38.79000 17.01000 H/L
08/06/2012 37.88800 37.29000 H/L
37.644500 7,528.90
15) 186 CDRII CLARION CIABAL REAL ¢STAT (44982G1 0aJ IGR)
COM
New YOxk Stock Exchange
OD/03/2012 B.G80D0 8,44000 H/L
08/06/2012 6.x7000 8.x5000 H/L
8.533000 1,370.66
16) 3000 CWMBE INC 2006-n (12669FSC8)
Financial Timex YnteraetiVe Ddtd
Mat; 05/25/2034 5.250& Fact: 0,29024861
06/03/2012 101.06170 hect
08/06/2012 101.04710 hllct
Znt: 08/01/2012 LO 08/05/2012 101.054400 679.93
Int: 07/01/2012 to 07/31/2012, payable
OB /25/2012 0.51
4,20
Prins 07/D1/2012 t0 07/31/2012, payable 08/25/2012 88.19
17) 200 NUVEEN OVALITY PFD INCOhD3 FD 2 (6707201 05; JPS)
COM
New York BLOCk Exchange
08/03/2012 9,97000 9.63000 H/L
08/06/2012 9.50000 8.42000 H/L
9.660000 1,896.00
le) 10116.98 Cash (CASH) 10,118.48
TOLal Value:
TOLdl ACCrualt
TOCaI; "y34, 10x'.50
fl].35
Y74,092,15
Page 2
Thle report wa0 produced with EOtBteVa1, a product Of ¢etato ValvationD & Pricing Dystams, Inc. IE you have questions,
plea0e Contact EvP HyatemD at 1618) 313-6300 05 www.evpaya. tom. (Revieion 7.3.07
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Leon D. Gerlach, Appraiser
Commercial, Industrial 8 Residential
VERNER-39 College H
File NO. H1208066B
APPRAISAL OF
s
ll3n
iY C
LOCATED AT:
39 College Hill Road
Enola, PA 17025-2108
CLIENT:
DISSINGER &DISSINGER
400 State Road
Marysville 17053
AS OF:
August 21, 2012
BY:
Leon D. Gerlach, MSA, MFLA, GAA, CCRA
Pa Certified General Real Estate Appraiser Certification Number GA-000368-L
305 West Shady Lane, Enola, PA 17025-2240 Phone 717-732-5052 FaY 797_~a~_aaea
Summary
Residential Appraisal Report
VERNER-39 College
File NO. H1208066B
The purpose of (his appraisal report is to provide the client with a credible opinion of the defined value of the subject property, given the intended use of the appraisal.
Cliem Namellntended user DISSINGER &DISSINGER E-mail
Client Address 400 State Road Ci Mar sville 17053 state zi 17053
Additional Intended users The Intended User of this a raisal re ort is the Client VERNER ESTATE.
No additional Intended Users are identified b the a raiser
Intended use The Intended Use is to evaluate the ro art that is the sub'ect of this a raisal re ort for an o Inion of value as is for the
client VERNER ESTATE. No additional Intended Uses are identified b the a raiser.
Pro er address 39 Colle a Hill Road ci Enola state PA zi 17025-2106
OwnerotPUblicRecordVERNER coun Cumberland
Le al Descri lion DEED REF: 20103-0402 NOT ATT PER CLIENT East Pennsboro Townshi
" Assessor'sParcel# 09131003033 Tax Year 2012 R.E.TaxesE 3,042.00
Nei hborhood Name East Pennsboro Townshi Ma Reference ADC-H-10A1 Census Tract 3240.041-101
Pro er Ri htsA raised X Fee Sim le leasehold Other describe
M research X did did not reveal an rim sales or transfers of the suh'ect ro er for the three ears rior to the effective date cf this a raisal.
Prior Sale7rransfer: Date 11/16/2010 price $1 Sources TAX ASSESSMENT
Analysisof prior saleor transfer historyot the subjectproperty(andcomparable sales, ifapplicable) Thev all appear to be normal andt ical for the area and rice
ran e.
Offerings, options andconlraclsasoltheettectivedateottheappraisal NONE KNOWN THE TIME OF THIS REPORT
location Urban X Suburban Rural Pro er Values Increasin X Stable Declinin PRICE AGE One-Unit 45 %
BuilhU Over 75% X 25.75°~ Under 25°,6
Growth Ra id X Stable Slow DemandlSu I Shorla e X In Balance Over Su
Marke(in Time Under 3 mlhs X &6 mths Over 6 mths $ 000 rs
70 Low 5 2-4 Unit 7
Multi-Famil 2 ° %
h
~ Neighborhood Boundaries See Attached Addend um. 590 High 95 Commercial 13 ° h
260 Pred. 55 other INDUS 2
~ Neighborhood Description This East Pennsboro Township neighborhocd is comprised primarily of properties reflectin similar ualil
maintenance desi n and a eat and marketabilit tc the sub'ect ro art . Availabilit for this nei hborhood of most ublic services
combined with avers a access to em to ment sho in and schools fives it a similar a eat to the market as other nearb %
nei hborhoods. No unfavorable factor was observed which would adverse) affect marketabilit .
Market Conditions (including support for the above conclusions) See Attached Addendum.
Dimensions SITE SIZE -TAX ASSMT RECORD Area 1.35 ACRES M/L Sha e APPROX RETANGULA view TYPICAL/NEIG
S ecificZOnin Classification R-3 Zonin Descri lion Residential Multi Famil 2007
Zonin Com fiance X Le al Le al Noncontormin Grandlathered Use No Zonin Ille al describe
Is the highest and best use of the subject property as improved (or as proposed per plans and specifications) the present use? X Ves No If No, describe,
Utllitles Public Other tlescribe Public Other tlescrlbe Off-site lm rovements-T a Public Private
Electrici X 200 AMP water X Street ASPHALT - X
Gas X PUBLIC Sanita Sewer X Alle NONE
site comments See Attached Addendum.
Units X One OnewlAcc.unA ConcreteSlab X Crawls ace FoundadonWalis CONCRETE BLK Floors CARP-VINY/GD
#ot Stories 1 : 5
T e XDet. Att. S-Del./End Unit
X Existin Pro osed UnderCOnst.
Desi n 5 le 1.5-STY/DETA
Vear Built 1991 Full easement X Partial Basement
BasementAiea 1696s.fl.
Basement Finish 15%
Outside Ent (Exit X sum Pum Exterior Walls VINYL-BRICK Walls DRYW-PT/AVG
RootSUrface SHINGLE Trim/Finish WD-STAIN/AVG
Gutters&Downs outs ALUM-ALUM Bath Floor VINYLlAVG
WindowT e WOOD INS GLAS BalhWainscot FIBERGLA/AVG
Storm Sashllnsulatetl INSULATED GLA Car Stora a None
EffectiveA a Vrs 10
Attic X None Heatin X FWA HW Radiant
X Dro Stair Stairs Other Fuel GAS
X Floor Scuttle Conlin X Central Air COndilionin
Finished Heated Individual Other
A fiances Refri erator X Ran a/Oven X Dishwasher X Dis osal X Microw
Finished area above orade contains: 8 Rooms 4 Bedrooms
Addltonal Features Standard stoop wood deck sun room two sheds and ty Screens YES X Drivewa #ot Cars 6
Amenities WoodSlove s # Drivewa Surface
X Fire laces # 1 Fence X Gara e # of Cars 2
X Patio/Deck DECk X Porch STOOP Car ort #of Cars
Pool Other X Att. Det. Built-in
ave WasherlD er Other describe '
2' 1 Bath(s) 2 415 S uare Feel of Gross Livin Area Above Grade
pical site improvements for this nei hborhood.
Comments on the Improvements See Attached Addendum.
l~^„m P,°tluceduslnPAG 6ollwere, 8PPldd.eRl xwx.eckrob cnm
""-'-~-~ ~•rr^r^ ~ •~+"emu nu umvon m I6V U61111551Mtp6, I°C., All RpAl6 geS6NlE
9pe 1 Pr d (gPAR"') General Pp
gm~erxlpurpnrnnpprnisnlrapm~t P°SQ APP1Bi66 Repoli 0Y2o1q
GPMIO]d 100.5$63°1°
Summary
Residential Appraisal Report
VERNER-39 College
File NO. H12080666
FEATURE SUBJECT COMPARABLE SALE NO.1 COMPARABLE SALE N0.2 COMPARABLE SALE N0.3
39 College Hill Ro
address Easl Penns
Proximi toSub'ect
Sale Price
Sale PricelGross LM. Area
Data sources ad
boro Townshi
8 OPINION VAL
S 0.00 s . h. 503 1st Street
East Pennsboro Townshi
0.7 MILE NORTH
S 165 000
5 120.35 . tt.
MLS/STEB 1021 Valley Road
East Pennsboro Townshi
0.7 MILE WEST
S 148 000
S 101.65 . n.
MLS/STEB 910 Valley Road
East Pennsboro Townshi
1.3 MILES WEST
S 165 000
S 125.48 s . tt.
MLS/STEB
verification Sources TAX ASSMT RECORDS TAX ASSMT RECORDS TAX ASSMT RECORDS
VALUE ADJUSTMENTS DESCRIPTION DESCRIPTION +~ En ittimem DESCRIPTION +~ Snd unmem DESCRIPTION +~)EAduamem
Sale or Financing
Concessions CONVENTIONAL
SELLER HELP 0
-5 000 FHA
SELLER HELP 0
-6 000 CONVENTIONAL
NONE KNOWN 0
0
Date of salertime 05/2011 0 08/2012 0 04/2012 0
Location Suburban SIMILAR 0 SIMILAR 0 SIMILAR 0
LeaseholdlFee Sim le Fee Sim le FEE SIMPLE 0 FEE SIMPLE 0 FEE SIMPLE 0
Site 1.35 ACRES M/L 0.13A/INFERIOR +7 300 1.OA/INFERIOR +2 100 0.46A/INFERIOR +5 300
view TYPICAL/NEIG TYPICAL/NEIG 0 TYPICAL/NEIG 0 TYPICAL/NEIG 0
Desi n 5 le 1.5-STY/DETA 1.5-STY/DETA 0 1-STY/DETACH 0 1-STY/DETACH 0
uali otConstruction
.' Actual e e AVG/BRK-SIDI
21+/_ Years/10 SIMILAR/SIDIN
64118 0
+13 200 SIMIL/BRK-SIDI
50/18 0
+'11 840 SIMIL/BRK-SIDI
52/18 0
+13 200
Condition AVERAGE AVERAGE/INFE 0 AVERAGE/INFE 0 AVERAGE/INFE 0
Above Grade Total Btl,ma. Baths TNeI edrms. Baths Q imal Btlrms. Baths 0 total Btlrms Ba1YS 0
Room Count 8 4 2: 1 6 3 2: 0 +900 6 3 1; 1 +-2 700 6 3 1: 0 +2 700
' GrossLM Area 14.00
` 2,315 . tt. 1 371 s . tt. +13,200 1 456 s . tt. +12 000 1,315 s . tt. +14 000
Basement&Finished
Rooms Below Grade FUL UNDR MAIN
DEN FUL UNDR MAIN
NONE KNOWN 0
+g00 FUL UNDR MAIN
NONE KNOWN 0
+g00 FUL.UNDR MAIN
NONE KNOWN 0
+800
Functional Utili AVERAGE AVERAGE/SIMI 0 AVERAGE/SIMI 0 AVERAGE/SIMI 0
- Healin ICOOIin GAS H.AR/CEN HEATPP/CENT 0 OIL H.WT/NON +3 800 OIL H.AR/CENT 0
Ener Eflicientttems STANDARD/AG STANDARD/AG 0 STANDARD/AG 0 STANDARD/AG 0
tiara altar ort
PorchlPatiolDeck
FIREPLACE/WS 2-CAR GR/AT
STOOP-DECK
1- FIREPLACE OFF STR/PARK
STOOP-PATIO
1- FIREPLACE +2 g00
0
0 OFF STR/PARK
STOOP-PATIO
NONE KNOWN +2 g00
0
+1 800 3-CAR GR/DE
FRONT-DECK
1- FIREPLACE -1,400
0
0
PRIOR SALE YR
Net Adustment Total
11/2010 $1
12/2007$165000
X + - s 0
0
33 200
12/1988 $1
X +
- s 0
0
31 840
10/1999$111900
X + S 0
0
34 600
Adjusted Sale Price
of Com arables Net Adj. 20.1%
Grossed'. 26.2%
S
198200 Net Adj. 21.5%
Grossed. 29.6%
S
179840 Net Adj. 21.0%
Grossed'. 22.7%
S
199600
Summa otSalesComarisonA roach See Attached Addendum.
Ft.
Summary or Income Approach (including support for market rent and GRM)
_. _ . _. __._ _....,... , ncvv I VtJCI ntlJ.
- Is appraisal is made X "as is," suhjecl to completion per plans and specifications on the basis ola hypothetical condition that the improvements have been completed,
~subjecl to the following repairs or alterations on the basis of a hypothetical condition that the repairs or alterations have been completed ^subjecl to the following:
Tee Attached Addendum-
lased on the scope of work, assumptions, limiting conditions and appraiser's certification, my (our) opinion of the defined value of the real property
oat is the subject of this reportis5 226,000 as of 08/21/2012
whleh is the effective date of this appraisal.
par PmtluceawlipnClsollwee 6JOYl1.91t1vlw,veGxxb.
Page 2 or /
°`° `"'"""""°"""`"'"""""°" Leon D. Gerlach, Appraiser
Summary VERNER-39 College
Residential Appraisal Report File NO. H12O8O868
FEATURE SUBJECT COMPARABLE SALE N0.4 COMPARABLE SALE N0.6 COMPARABLE SALE N0.6
39 College Hill Road
Address East Pennsboro Townshi
Proximi to 5uh'ect
Sale Price E OPINION VAL
Sale PrkelGross LN. Area s 0.00 s . tt. 909 Maplewood Lane
East Pennsboro Townshi
1.3 MILES SOUTHWEST
S 222 0 0
S 92.46 s . tt. 7 Logan Run
Easl Pennsboro Townshi
1.5 MILES SOUTHWEST
8 225 250
E 108.87 . tt. 45 Wetherburn Road
East Pennsboro Townshi
1.5 MILES SOUTHWEST
S 248 000
8 114.34 s . tt.
Data sources
Verification Sources
VALUE ADJUSTMENTS
DESCRIPTION MLS/STEB
TAX ASSMT RECORDS
DESCRIPTION s. EA nvmem MLS/STEB
TAX ASSMT RECORDS
DESCRIPTION +~ EAI uslmem MLS/STEB
TAX ASSMT RECORDS
DESCRIPTION +~)SAdusimem
Sale or Financing
Concessions CONVENTIONAL
SELLER HELP 0
-7 000 CONVENTIONAL
NONE KNOWN 0
0 FHA
SELLER HELP 0
-10 000
DateolSalertime 08/2012 0 05/2012 0 02/2012 0
Location Suburban SIMILAR 0 SIMILAR 0 SIMILAR 0
LeasehoidlFee Sim le Fee Sim le FEE SIMPLE 0 FEE SIMPLE 0 FEE SIMPLE 0
Site 1.35 ACRES M/L 0.18A/INFERIOR +7 000 0.21A/INFERIOR +6 800 0.20A/INFERIOR +6 900
view TYPICAL/NEIG TYPICAL/NEIG 0 TYPICAL/NEIG 0 TYPICAL/NEIG 0
oesi n 5 le 1.5-STY/DETA 1.5-STY/DETA 0 1.5-STY/DETA 0 1-STY/DETACH 0
uaii ofConstruclion AVG/BRK-SIDI SIMILAR/SIDIN 0 SIMILAR/SIDIN 0 SIMIL/BRK-SIDI 0
ActualA a 21+/_ Years/10 15/10 0 15/10 0 18/10 0
Condition AVERAGE AVERAGE/SIMI 0 AVERAGE/SIMI 0 AVERAGE/SIMI 0
Above Grade T°lel Btlrms. 8elhs Tolel atlrms Baths ~ igal Btlrms. 9alhs 0 Tolel Btlrms. Belhs 0
Room Count 8 4 2: 1 8 4 2: 1 0 5 3 2: 1 0 6 3 2: 0 +900
Gross LMn Area 14.00 2 315 s . tt. 2 401 s . h. -1 200 2 069 s . tt. + 3 400 2 169 s . h. +2 000
Basement& Finished
Rooms Beiow Grade FUL UNDR MAIN
DEN FUL UNDR MAIN
NONE KNOWN 0
+800 FUL UNDR MAIN
NONE KNOWN 0
+800 FUL UNDR MAIN
NONE KNOWN 0
+g00
Functional Utiii AVERAGE AVERAGE/SIMI 0 AVERAGE/SIMI 0 AVERAGE/SIMI 0
Hearin ICoolin GAS H.AR/CEN HEATPP/CENT 0 GAS H.AR/CEN 0 GAS H.AR/CEN 0
Ener Eflicientltems STANDARD/AG STANDARD/AG 0 STANDARD/AG 0 STANDARD/AG 0
Gara a/Car art 2-CAR GR/AT 2-CAR GR/AT 0 2-CAR GR/AT 0 2-CAR GR/AT 0
PorchlPaliolDeck STOOP-DECK STOOP-PATIO 0 STOOP-DECK 0 STOOP-PATIO 0
FIREPLACENVS 1- FIREPLACE 1- FIREPLACE 0 1-FIREPLACE 0 1-FIREPLACE 0
0 0 0
PRIOR SALE YR 11/2010 $1 02/2004 $1 0 11/2002$199900 0 07/1995$177450 0
Net Ad ustment oral + X - $ 400 X + E 11 000 X + g 600
Adjusted Sale Price
ofCom ambles Net Adj. -0.2~
Grossatl'. 7.2x6
E
221 600 Net Adj. 4.9°k
Gross Ad. 4.9~
E
236 250 NelAtlj. 0.2%
GrossAd'. 8.3°k
S
248 600
Summar of Sales Com arisonA roach SEE AT TACHED ADDENDUM
Parts oa 4 snA AG mRxeie 9W2Ea BrPw.xveeWrep som TAb loan COpy~gMOrpS Z°ta ACioM9on
AtlG~ll°rel C°mparaaes
pen .,npu.n~cn Flenemxaneoe~ (p°AR^')
Condition
AVERAGE
AVERAGE/SIMI
0
AVERAGE/SIMI
0 mV
AVERAGE/SUP V
-10 600
Above Gratle Total earm:. eama TOlal, Bdms. Baths ~ imal Btlrma Baths ~ TM01 earns. ealha Q
Room Count 8 4 2: 1 6 3 2: 0 +900 7 4 2: 1 0 6 3 2: 0 +g00
Gross Livin Area 14.00 2 315 s . X. 1 490 s . tt. +11 600 2 868 s . n. -7 700 1,894 . tt. +5 900
easement&Finished
Rooms eeiow Grade FUL UNDR MAIN
DEN FUL UNDR MAIN
NONE KNOWN 0
+g00 FUL UNDR MAIN
NONE KNOWN 0
+800 FUL UNDR MAIN
NONE KNOWN 0
+g00
Functional tltili AVERAGE AVERAGE/SIMI 0 AVERAGE/SIMI 0 AVERAGE/SIMI 0
Heetin ICoolin GAS H.AR/CEN HEATPP/CENT 0 OIL H.AR/CENT 0 GAS H.AR/CEN 0
Ener Etticientltems STANDARD/AG STANDARD/AG 0 STANDARD/AG 0 STANDARD/AG 0
tiara elCar ort 2-CAR GR/AT 2-CAR GR/AT 0 2-CAR GR/AT 0 2-CAR GR/AT 0
PorchlPatiolDeck STOOP-DECK STOOP-PATIO 0 FRONT-PATIO 0 STOOP-REAR 0
FIREPLACE/WS 1- FIREPLACE 1- FIREPLACE 0 NONE KNOWN +~1 800 1-FIREPLACE 0
0 0 0
PRIOR SALE YR 11/2010 $1 04/2009$205000 0 08/2003$205000 0 11/2003$235885 0
Net Adustment total X + 3 14800 + X - S 9300 + X - E 5100
Adjustetl Sale Price
.' otCom arables Net Adj. 6.8~
GrossAd'. 11.4
$
231 800 Net AdJ. -3.245
Gross Ad. 9.0ab
3
279 700 Net Adj. -1.945
Gross Ad. 12.8
S
259 900
Summarot5alesCOmarisonA roach SEE AT TACHED ADDENDUM
ne ~ ROaueee velna NCl xhwere 900 baa]gi xmweJxeb eom
spar AtldtiarelCOmperebles ~hleiarmcFlmmgreemosmlonaolm>lonousoaelmsulWCexlnc.alRiynlsaeume.
(geAR"") General Plrtpose AOWeisal Rppprl Oar3010
9Flmm~lpurpnsn npprnixnlrprrori GPFflILOd IOOSM3010
Summary VERNER-39 College
Residential Appraisal Report FiieNO. H12080666
Summary VERNER-39 College
Residential Appraisal Report File No. H12080666
Scope of Work, Assumptions and Limiting Conditions
Scope ofwork is defined in the Uniform Standards of Professional Appraisal Practice as"the type and extentof research and analyses in an
assignment." In short, scope of work is simply what the appraiser did and did not do during the course of the assignment. II Includes, but Is not
limited to: the exrent[owhich the property is identified and inspected, the type and extentof data researched, the type and extent of analyses applied
to arrive at opinions or conclusions.
The scope of this appraisal and ensuing discussion In this report are specific to the needs ofthe client, other identified intended users and to the
intentletluseofthereport. Thisreportwaspreparedforthesoleandexclusiveuseoftheclientandotheridentifiedintendedusersfortheidentified
intended use and its use by any other parties is prohibited. The appraiser is not responsible for unauthorized use of the report.
The appraiser's certification appearing in this appraisal report is subject to the following conditions and to such other specific conditions as are
setforth by the appraiser in the report. All extraordinary assumptions and hypothetical conditions are stated in the repor[and might have affected the
assignment results.
1. The appraiser assumes no responsibility for matters of a legal nature affecting the property appraised or dtle thereto, nor does the appraiser render any opinion as to the title, which is
assumed to be good and marketable. The property is appraised as though under responsible ownership.
2. Any sketch in this report may show approximate dimensions and is included only to assist the reader in visualizing the property. The appraiser has made no survey of the properly.
3. The appraiser is not required to give testimony or appear in court because of having made the appraisal vn(h reference to the property in question, unless arrangements have been
previously made Ihereto~
4. Neither all, nor any part of the content of this report, copy or other media thereof (including conclusions as to the property value, the identity of the appraiser, professional designations,
or the firm with which the appraiser is connected), shall be used for any purposes by anyone but the client and other Intended users as identified in this report, nor shall it be conveyed by
anyone to the public through advertising, public relations, news, sales, or other media, without the written consent of the appraiser.
5. The appraiser will not disclose the contents of this appraisal report unless required 6y applicable law or es specified in the Uniform Standards of Professional Appraisal Practice.
6. Information, estimates, and opinions furnished to the appraiser, and contained in the report, were obtained Irom sources considered reliable and 6elievetl to be true and correct.
However, no responsibility for accuracy of such items furnished to the appraiser is assumed by the appraiser.
7. The appraiser assumes that there are no hidden or unapparent conditions of the property, subsoil, or structures, which would render it mare or less valuable. The appraiser assumes
no responsibility for such conditions, or for engineering or testing, which might be required to discover such factors. This appraisal is not an environmental assessment of the property and
should not be considered as such.
B. The appraiser specializes in the valuation of real property and is not a home inspector, huilding contractor, structural engineer, or similar expert, unless otherwise noted. The appraiser
did notconduct the intensive type of field observations of the kind intended to seek and discover property detects. The viewing of the property and any improvements Is far purposes of
developing an opinion of the defined value of the property, given the intended use of this assignment. Statements regarding condition are based on surface observations only. The
appraiser claims no special expertise regarding issues including, but not limited to: foundation seNemenb 6asemenl moisture problems, wood destroying (or other) insects, pest infestation,
radon gas, lead based paint, mold or environmental issues. Unless otherwise indicated, mechanical systems were not activated or tested.
This appraisal report should not be used to disclose the condition of the property as it relates to the presencelabsence of detects. The client is invited and encouraged to employ qualified
experts to inspect and address areas of concern. If negative conditions are discovered, the opinion of value maybe affected.
Unless otherwise noted, the appraiser assumes the components that constitute the subject property improvement(s) are fundamentally sound and in
working order.
Any viewing of the property by the appraiser was limited to readily observable areas. Unless olhervrise noted, attics and crawl space areas were not accessed. The appraiser did not move
lurnilure, floor coverings or other items that may restrict the viewing of the property.
9. Appraisals involving hypothetical conditions related to completion of new construction, repairs or alteration are based on the assumption that such completion, alteration or repairs will
be competently performed.
10. Unless the intended use of this appraisal specifically includes issues of property insurance coverage, this appraisal should not he used for such purposes. Reproduction or
Replacement cost figures used in the cast approach are for valuation purposes only, given the intended use of the assignment. The Definition of Value used in this assignment is unlikely
to be consistent with the definition of Insurable Value for property insurance coverageluse.
il. The ACl General Purpose Appraisal Report(GPAR'")is not intended for use in transacdons that requlreaFannie Mae 10041Fredtlie Mac 70 form,
also known as the Uniform Residential Appraisal Report (URAR). ,
Additional Comments Related To Scope Of Work, Assumptions and Limiting Conditions
The appraiser's investigation did include research the Central Penn MLS Service, Cumberland County STEB Report, Broker's
available information and appraiser's data base for the past 12 months for comparable sales, listing (mostly for general information),
rentals if needed and other data on similar properties to the subject property. Search Parameters such as date of sales, leases,
location sizes, types of properties and distances from the subject property did start with relatively narrow constraints and if
necessary, be expanded until the appraiser has either retrieved data sufficient (in the appraisers's opinion) to form an opinion of
market value, or until the appraiser believes that he has reasonable exhausted the available pool of data.
The researched comparable data was viewed and if found appropriate, efforts were made to verity the data used in this report is
from the Cumberland County Tax Assessment office, Cumberland County STEB Report, Appraiser's Data Base, with a persons
directly involved in the transactions such as buyers, sellers, brokers or agents some other sources or the owner. The appraiser did
report only the data deemed to be pertinent to the valuation problem.
Did investigate and analyze any pertinent easements or restrictions, on the fee simple ownership of the subject property. It is the
client's responsibility to supply the appraiser with a deed and/or title report. If a deed andlor title search is not available, the appraiser
did rely on a visual viewing and identify any readily apparent easements or restrictions.
Did analyze the data found and reach conclusions regarding the market value, as defined in the report, of the subject properly as of
the date of value using appropriate valuation approach (es) indicated in the report.
Did prepare the appraisal in compliance with the Uniform Standards of Professional Appraisal Practice as promulgated by The
appraisal Foundation and Code of Professional Ethics and Certification Standards of my memberships and the Certification Appraisal
Board of PA.
Will not be responsible for ascertaining the existence of any toxic waste or other contamination present on or off site. The appraiser
did, however, report any indications of toxic waste or contaminants that may effect value if they are readily apparent during
appraiser's investigations. Appraiser cautions the user of the report that the appraiser is not an expert in such matters and that the
appraiser may overlook contamination that might be readily apparent to parties who are experts to such matters.
Did prepare a Summary Appraisal Report, as defined in USPAP, which did include photographs of the subject property, description of
the subject neighborhood, the site, any improvements on the site, a description of the zoning, a highest and best use analysis, a
summary of most important comparables used in the appraiser's valuation, a reconciliation and conclusion, a map illustrating the
comparables in relationship to the subject property, and other data deemed by the appraiser to be relevant to the assignment.
Pertinent data and analyses not included in the report may be retained in the appraiser's file.
Summary
Residential Appraisal Report
Appraiser's Certification
The appraiser(s) certifies that, to the best of the appraiser's knowledge and belief:
1. The statements of fact contained in this report are true and correct.
VERNER-39 College
File NO. H12080666
2. The reported analyses, opinions, and conclusions are limited only by the reported assumptions and limifing conditions and are the appraiser's personal, impartial, and unbiased
professional analyses, opinions, and conclusions.
3. Unless otherwise stated, the appraiser has no present or prospective interest in the property that is the subject of this report and has no. personal interest with respect to the parties
involved.
The appraiser has no bias with respect to the property that is the subject of this reportor to the parties involved with this assignment.
The appraiser's engagement in this assignment was not contingent upon developing or reporting predetermined results.
6. The appraiser's compensation for completing this assignment is not Contingent upon the development or reporting of a predetermined value or direction in value that favors the cause of
the client, the amount of the value opinion, the attainment of a stipulated result, or the occurrence of a subsequent event directly related to the intended use of this appraisal.
7. The appraiser's analyses, opinions, and conclusions were developed, and this report has been prepared, in conformity with the Uniform Standards of Professional Appraisal Practice.
8. Unless otherwise noted, the appraiser has made a personal inspection of the property that is the subject of This report.
9. Unless noted below, no one provided significant real properly appraisalossistance to the appraiser signing this certification. Signilicanl real property appraisal assistance provided by:
Additional Certifications:
SEE ATTACHED ADDENDUM
Definition otValue: XD Market Value Other Value:
Source of Definition:
DEFINITION OF MARKET VALUE: The most probable price which a property shbuld bring in a competitive and open market under
all conditions requisite to a fair sale, the buyer and seller, each acting prudently, knowledgeably and assuming the price is not
affected by undue stimulus. Implicit in this defihition is the consummation of a sale as of a specdfied date and the passing of title from
seller to buyer under conditions whereby: (1) buyer and seller are typically motivated; (2) both parties are well informed or well
advised, and each acting in what he or she considers his or her own best interest; (3) a reasonable time is allowed for exposure in the
open market; (4) payment is made in terms of cash in U. S. dollars or in terms of financial arrangements comparable thereto; and (5)
the price represents the normal consideration for the property sold unaffected by special or creative financing or sales concessions'
granted by anyone associated with the sale.
Adjustments to the comparables must be made for special or creative financing or sales concessions. No adjustments are
necessary for those costs which are normally paid by the sellers as a result of tradition or law in a market area; these costs are
readily identifiable since the seller pays these costs in virtually all sales transactions. Special or creative financing adjustments can
be made to the comparable property by comparisons to financing terms offered by a third party institutional lender that is not already
involved in the property or transaction. Any adjustment should not be calculated on a mechanical dollar for dollar cost of the
financing or concession but the dollar amount of any adjustment should approximate the market's reaction to the financing or
concessions based on the appraiser's judgment.
ADDRESS OF THE PROPERTY APPRAISED:
39 College Hill Road
Enola, PA 17025-2108
EFFECTIVE DATE OF THE APPRAISAL: 08/21/2012
APPRAISED VALUE OF THE SUBJECT PROPERTY $ 226,000
APPRAISER
Signature: s~Y=-=~__V
Name: Leon D. Gerlach MSA MFLA GAA CCRA
State Certigcation# GA000368L
or License #
or Other (describe): _ State#:
Slate:
Expiration Date orCeruhcauon or License: 06/30/2013
Date of Signature and Report: 08/27/2012
Dale of Properly Viewing: -
Degree of property viewing:
XOlnteriorandExterior ^ExterimOnty ~Didnotpersonallyview
y~~mf,~lnl,r~,non~winatranm¢
SUPERVISORY APPRAISER
Signature:
Name:
Stale Certilicalidn #
or License #
State: -
Expiration Date of Certilication or License:
Date of Signature;
Date of Property Viewing:
Degree of properryviewing:
^ Interior and Exterior
Leon D. Gerlach, Appraiser
^Exterior Only ^Did not personally view
ADDENDUM
Client: DISSINGER 8 DISSINGER File No.: H12080668 _
Property Address: 39 College Hill Road Case No.: VERNER-39 College Hill Road
City: Enola Stale: PA Zip: 17025-2108
Neighborhood Boundaries
The neighborhood boundaries per this appraiser's report include the whole township. Only using a few blocks for a
neighborhood boundaries an appraiser can pick the best blocks for the report, but with a township which includes
neighborhood amenities. This appraiser's belief is that the neighborhood must include neighborhood amenities like: schools,
shopping, place of worship, employment, normally expected public services and so forth.
SUBJECT PROPERTY COMMENTS
No legal description or survey was furnished of the subject property, so the appraiser utilized the county tax plat plan to
ascertain the physical dimensions and/or site area of the property. Should a survey prove these characteristics inaccurate, it
may be necessary for this appraisal to be adjusted.
INDICATED MARKET VALUE PER TAX ASSESSMENT /COMMON LEVEL RATIO:
Take the tax assessment value _228,600_ X the common level ratio of 1.05_ =estimated market value of $240,030
Neighborhood Market Conditions
The supply and demand for this neighborhood is normal at this time. Also the marketing time is normal at this time. Market
and property values appear to be relatively stable at this-time with a wide variety of financing available. Buydowns and
concessions do not seem to be a major factor in todays market.
PRESENT LAND USE PERCENTAGE -This form does not require the reporting of vacancy percentage because it could be
interpreted as being discriminative to an area as per FANNIE MAE underwriting class. So the vacancy is not being reported
on this report. Per FANNIE MAE Class instructor if FANNIE MAE wants the information they will put it on the form and with
vacancy removed this column can not equal 100.
Site Comments
For this neighborhood the subject property's site; has similar site improvements, landscaping and has had similar
maintenance. The site also is similar in size, and enjoys similar topography to the other sites in this neighborhood. The
present use of the site is legal as per the appraiser's interpretation of the the local zoning. No apparent adverse easements
(except standard utility), encroachments or other adverse conditions exist on the subject's site or in the neighborhood.
The lack of storm sewers, curbs, gutters, sidewalks, and/or street lights is typical of the neighborhood and does not
adversely impact marketability.
Quality and Condition of Property
INTERIOR COMMENTS
The property's heating, plumbing and electrical systems appear to be functioning properly to the best of the appraiser's
knowledge and expertise. There has not, been any operational inspection on any of the subject property's systems by the
appraiser or and warranty or guarantee by the appraiser.
CONDITION COMMENTS
(PHYSICAL, FUNCTIONAL AND EXTERNAL, REPAIRS NEEDED, MODERNIZATION)
THIS APPRAISAL REPORT IS NOT A PROPERTY INSPECTION OR GUARANTEE OF CONDITION.
Basement is unfinished except for standard light wiring and small framed area.
Comments on Sales Comparison
After a thorough search of all available market data the nine sales used are considered to be the best indicators of value. All
nine sales were considered to be weighted similarly in the final reconciliation of value. Comparables used are closed sales.
SALES OR FINANCING -Sales comparables # 1,2,4,6,7,8,9 the seller paid some of the buyers. cost so an adjustment was
made for the cost paid by the seller.
SITE -All the sites are smaller in size and usable area so adjustment were made for the differences.
AGE -For this report the first number is the actual age of the property as known from information available to the appraiser
and the second number is the effective age +/- of the property at the time of the viewing for the subject property and for the
comparable properties as of the sales date and estimated from the information available to the appraiser MLS, Tax
Assessment etc.
AGE 8 CONDITION -There is a difference in effective age and condition between the subject property and the comparable
properties so adjustments were made for the differences in effective ages as from the information available to the appraiser
from the MLS, Tax Assessment and etc. and adjustment for condition only if the difference can so warrant an adjustment
from information available to the appraiser or the appraiser has inspected both properties.
ROOM COUNT -Adjustments on this line are only for bathrooms in the gross living area. The other bathrooms are adjusted
in the rooms below grade line. The other room count difference is normally adjusted in the square foot adjustment for this
report. The difference in room count for bedrooms like, from two bedrooms to three bedrooms, does not have any noticeable
affect on market value because of the number of single parents today in the market place.
GROSS LIVING AREA -The adjustments are for the difference in Gross Living Area between the subject and the
comparable sales. The amount of adjustment is from the market of the comparable sales used in this report.
ROOMS BELOW GRADE -The subject property has a framed room in the basement and none of the sales comparables
have any known finished area in the basement so adjustment were made for the frame area.
HEATING & COOLING -Sales comparable #2 has no known central a/c so an adjustment was made for no central a/c.
ewa....w.._..___. _
..yam ~ ..~
ADDENDUM
Client: DISSINGER &DISSINGER File No.: H1208066B
Progeny Address: 39 College Hill Road Case No.: VERNER-39 College Hill Road
City: Enola - State: PA Zip: 17025-2108
GARAGE/CARPORT -The subject property and sales comparables #4,5,6,7,8,9 have a two car garage, sales comparables
#1,2 have none known and sales comparable #3 has a three car garage so adjustments were made for the difference in
garage.
FIREPLACE -Sales comparables #2,8 have no fireplace so adjustments were made for no known fireplace.
All other adjustments are self explanatory. If there was no adjustment made it is because the market did not show an
adjustment should be made. The amount of the adjustments are from the information from the market.
COMPARISON COMMENTS
It is noted that comparable No(s). _1,6 occurred over six months prior to the appraisal date. These comparable sales were
selected after a search of the area and are considered to be the best available at the time of this report. It is better to go a
little further back in time sometimes than to go further away from the subject property for additional support of the value.
In order to find comparable sales, appraiser was required to use less recent sales.
Conditions of Appraisal
This appraisal report has been prepared with the property in "as is" condition. No repairs noted or known. No personal
property is included in this opinion of value.
THIS REPORT WAS PREPARED FOR THE ESTATE OF THE PERSON LISTED IN THIS REPORT AS AN OPINION OF
MARKET VALUE OF THE REAL ESTATE LISTED IN THIS REPORT AND NOT TO BE USED BY THE ESTATE FOR ANY
OTHER PURPOSE AND NOT TO BE USED FOR A LENDING DECISION.
Addendum Page 2 of 2
VERNER-39 College
File No. H 12080666
ADDITIONAL CONTINGENT -LIMITED CONDITIONS -CERTIFICATIONS
-- This report was prepared for the client named in this report and the fee charged was for the preparation of this report only. If the client
named in this report gives a copy of this report andlor gives written consent to a third party and the third party of this report wants a
consultation of this report, with the appraiser, there will be a consultation fee to the third party which must be paid prior to any
consultation with the appraiser.
-- The subject property and comparable properties data relied upon in this report is believed to be from reliable sources, however, it wa:
not possible to inspect the comparable properties completely, and it was necessary to rely on information furnished by others as to said
data, condition, therefore, the value conclusions are subject to the correctness and verification of said data. When conflicting informatior
was provided, source deemed most reliable has been used.
-- The appraiser has viewed, as far as possible, by observation, the land and the improvements thereon, however, this is not to be
considered a properly inspection and it was not possible to personally observe conditions beneath the soil or hidden structural
components within the improvements, therefore, no representations or guarantee of condition are made herein as to these matters and
unless specifically considered in this report, the value opinion is subject to any such conditions that could cause a Icss in value.
Condition of heating, cooling, ventilation, electrical, plumbing and other equipment is considered to be commensurate with the condition
of the balance of the improvements unless otherwise stated. The term "inspection", as used in this report is not the same level as that
required fora "Professional Home Inspection".
-- All furnishings and equipment, except those specifically indicated and typically considered as a part of real estate, have been
disregarded by the appraiser. Only the real estate has been considered.
-- The appraiser has provided a sketch in this report to show approximate dimensions of the improvements, and the sketch is included
only to assist the reader of this report in visualizing the property and understanding the appraiser's determination of the size. The
appraiser has examined the available flood maps that are provided by the Federal Emergency Management Agency (or other data
sources) and has noted in the appraisal report whether the subject site is located in an identified Special Flood Hazard Area. Because
the appraiser is not a surveyor, he or she makes no guarantee, express or implied, regarding this determination.
-- I certify that, to the best of my knowledge and belief, the reported analyses, opinions and conclusions were developed, and this report
has been prepared, in conformity with the requirements of the Code of Professional Ethics and the Standards of Professional Appraisal
Practice of my current memberships.
-- I certify that the use of this report is subject to the requirements of my current memberships relating to review by its duly authorized
representatives.
-- As of the date of this report, I Leon D. Gerlach have completed the requirements of the continuing education program of my current
memberships.
-- AVERAGE, SIMILAR, STANDARD &/OR TYPICAL as used in this report, is that the property is standard for the style, type, size and
value for the subject'property and/or the comparable sales properties.
-- Every subject property cannot always be compared to "ideal" comparable sales. The appraiser must choose the best sales available
from the search of market information, which meet the best underwriting standards possible. The appraiser has made every adjustment
of line items on the grids as per the information available from the market data, according to the guidelines established by the
professional appraisal association, of which this appraiser is affiliated, the Appraisal Institute.
-- NOTE -The electronic Digital Photos in this report have not been altered in any way as to change the information of the photos. There
is sometimes a need to lighten or darken the photo for clarity only.
-- NOTE -The Digitalized Signature(s) affixed on this report, and certification, were applied by the original appraiser(s) or supervisory
appraiser and represent their acknowledgements of the facts, opinions and conclusions found in the report. Each appraiser(s) applied
his or her signature electronically using a password encrypted method.. The appraiser excepts no responsibility or liability for any
change(s) made to the appraiser's original report sent by electronic means in any format.
-- NOTE -The current Uniform Standards of Professional Appraisal Practice defines the market value conclusion as an opinion of
market value and not an estimate of market value.
-- NOTE -The subject property is to be in a marketable condition for this report to apply or as other condition maybe stated in this report
tAls lolm wb ploMatl oA the ACI owelopmenl RspIEPo,ms rysrem (Wpj t3d~Be1]
m ozrovmp~
Leon D. Gerlach, Appraiser
Summary
MULTI-PURPOSE SUPPLEMENTAL ADDENDUM VERNER-39 College H
FOR FEDERALLY RELATED TRANSACTIONS H12080668
Borrower/Client VERNER ESTATE Gregory A
Property Address 39 College Hill Road
City Enola Countv Cumberland State PA Zia Code 17025-2108
Lender DISSINGER &DISSINGER
This Multi-Purpose Supplemental Addendum for Federally Related Transactions was designed to provide the appraiser with a con-
venient way to comply with the current appraisal standards and requirements of the Federal Deposit Insurance Corporation (FDIC),
the Office of the Comptroller of Currency (OCC), The Office of Thrift Supervision (OTS), the Resolution Trust Corporation (RTC)
and the Federal Reserve.
This Multi-PUrposeSupplemental Addendum is for use with any appraisal.Onlythose
statements which have been checked by the appraiser applyto the property being appraised.
X • ..• • • r•..r r
The purpose of the appraisal is to estimate the market value of the subject property as defined Wlerein. The function of the appraisal is
to assist the above-named Lender in evaluating the subject property (or lending purposes. This is a federally related transaction.
X • r r r • •
~ The appraisal is based on the information gathered by the appraiser from public records, other identified sources, inspection of the
subject property and net hborhood, and selection of comparable sales within the subject market area. The original source of the com-
parables is shown in the~ata Source section of the market grid along with the source of confirmation, it available. The original source
is resented first. The sources and data are considered reliable. When conflicting information was provided, the source deemed most
reliable has been used. Data believed to be unreliable was not included in the report nor used as a basis far the value conclusion.
The Reproduction Cost is based on MARSHALL & SWIFT COST ESTIMATING
supplemented by the appraiser's knowledge of the local market.
Physical depreciation is based on the estimated effective age of the subject property. Functional and/or external depreciation, if
present is specifically addressed in the appraisal report or other addenda. In estimating the site value, the appraiser has relied on
personal knowledge of the local market. This knowledge is based on prior and/or current analysis of site sales and/or abstraction of site
values from sales of improved properties.
The subl'ect property is located in an area of primarily owner-occupied single family residences and the Income Approach is not consi-
dered to be meaningful. For this reason, the Income Approach was not used.
^ The Estimated Market Rent and Gross Rent Multiplier utilized in the Income Approach are based on the appraiser's knowledge of the
subject market area. The rental knowledge is based on prior and/or current rental rate surveys of residential properties. The Grass Rent
Multiplier is based on prior and/or current analysis of prices and market rates for residential properties.
^ For income producing properties, actual rents, vacancies and expenses have been reported and analyzed. They have been used to pro-
ject future rents, vacances and expenses.
According to THE LOCAL MULTI LISTING SERVICE the subject property;
Q has not been offered for sale in the past: 30 days X 1 year 3 years
^ is currently offered for sale for $
Q was offered for sale within the past:~30 days ^ 1 year X^ 3 years for $ 1
^ Offering information was considered in the final reconciliation of value.
^ Offering information was not considered in the final reconciliation of value.
^ Offering information was not available. The reasons for unavailability and the steps taken by the appraiser are explained later in
this addendum.
According to TAX ASSESSMENT & LOCAL MULTI LISTING SERVICE the subject property;
^ has not transferred in the past twelve months. has not transferred in the'past thirty-six months.
X^ has transferred in the past twelve months. ^ has transferred in the past thirty-six months.
O All prior sales which have occurred in the past twelve months are listed below and reconciled to the appraised value, either in the body of the
report or in the addenda.
Date Sales Price Document# Seller Bu er
11 /16/2010 1 20103-0402 VERNER
X ~ • ~ ~ . r . ~ ~ r
X^ Subject property is not located in a FEMA Special Flood Hazard Area.
^ Subject property is located in a FEMA Special Flood Hazard Area.
Zone FEMA Ma /Panel# Ma Date Name ofCommunity
O 420359-00028 04/15/1977 EastPennsboro Township
The community does not participate in the National Flood Insurance Program.
The community does participate in the National Flood Insurance Program.
It is covered by a regular program. -
It is covered by an emergency program.
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Summary
VERNER-39 College H
H12080668
X ~ • ~
The subject property is currently not under contract.
^ The conVact and/or escrow instructions were notavailableforreview. The unavailability of the contract is explained later in the addenda section.
^ The contract and/or escrow instructions were reviewed.The following summarizes the conVact:
Contract Date Amendment Date Contract Price Seller
^ The contract indicated [hat personal property was not included in the sale.
^ The contract indicated that personal property was included. It consisted of
Estimated contributory value is $
^ Personal property was not included in the final value estimate.
^ Personal property was included in the final value estimate.
^ The contract indicated no financing concessions or other incentives.
^ The contract indicated the following concessions or incentives:
^ If concessions or incentives exist, the comparables were checked for similar concessions and appropriate adjustments were made, if applicable,
so that the final value conclusion is in compliance with the Market Value defined herein.
X •
3 to 6 months is considered a reasonable marketing period for the subject property based on THE LOCAL MULTI LISTING
SERVICE
X ` ~ ~ • •
The Appraiser certifies and agrees that:
(1) Their analyses, opinions and conclusions were developed, and this report was prepared, in conformity with the Un'rform Standards of Professional
Appraisal Practice ("USPAP"), except that the Departure Provision of the USPAP does not apply.
(2) Their compensation is not contingent upon the reporting of predetermined value or direction in value that favors the cause of the client, the amount
of the value estimate, the attainment of a stipulated result, or the occurrence of a subsequent event.
(3) This appraisal assignment was not based on the requested minimum valuation, a specific valuation, or the approval of a loan.
The value estimated is based on the assumption that the property is not negatively affected by the existence of hazardous substances or detrimental
environmental conditions unless otherwise stated in this report. The appraiser is not an expert in the identification of hazardous substances or devimental
environmental conditions. The appraiser's routine inspection of and inquiries about the subject property did not develop any information that indicated
any apparent significant hazardous substances or detrimental environmental conditions which would affect the property negatively unless otherwise stated
in this report. It is possible that tests and inspections made by a qualified hazardous substance and environmental expert would reveal the existence of
hazardous substances or detrimental environmental conditions on or around the property that would negatively affect its value.
`~~ • •
I HAVE (1 Preformed NOfXI services as an appraiser or in another capacity regarding the property that is subject to this
report within the past three-years period immediately preceding acceptance of this assignment. Those services are described
in the Comments to follow -none -appraisal report-
,...~ ~ r •
Appraiser's Signature Cz~~l / ~~z~~~x~ Effective Date 08/21/2012
~
Appraiser's Name (print) Leon D. Gerlach
MSA MFLA GAA Phone # ( ) Date Prepared 08/27/2012
State PA License X Certification # GA000368L Tax ID #
• ~. ., , •
^ The co-signing appraiser has personally inspected the subject property, both inside and out, and has made an exterior inspection of all
comparable sales listed in the report. The report was prepared by the appraiser under direct supervision of the co-signing appraiser. The
co-signing appraiser accepts responsibility for the contents of the report including the value conclusions add the limiting conditions, and confirms
that the certifications apply fully to the co-signing appraiser
^ The co-signing appraiser has not personally inspected the interior of the subject property and:
^ has not Inspected the exterior of the subject property and all comparable sales listed in the report.
^ has inspected the exterior of the subject property and all comparable sales listed in the report.
^ The report was prepared by the appraiser under direct supervision of the co-signing appraiser. The cosigning appraiser accepts responsibility for
the contents of the report, including the value conclusions and the limiting conditions, and confirms that the certifications apply fully lothe co-signing
appraiser with the exception of the certification regarding physical inspections. The above describes a level of inspection performed by
co-signing appraiser.
^ The co-signing appraiser's level of inspection, involvement in the appraisal process and certification are covered elsewhere in the addenda section
of this appraisal.
• ~ ., , ~ •
Co-Signing
Appraiser's Signature Effective Date
Appraiser's Name (print) Phone # ( ) Date Prepared
State License Certification # Tax ID #
mpus
Summary
VERNER-39 College
USPAPADDENDUM File NO. H12080668
Borrower: VERNER ESTATE Gregory A
ProperryAddress: 39 College Hill Road
City: Enola County: Cumberland State: PA Zip Code: 17025-2108
Lender: DISSINGER 8 DISSINGER
APPRAISAL AND REPORT IDENTIFICATION
This Appraisal Report is one of the following types:
^ Self Contained (A written report prepared under Standards Rule 2-2(a), pursuant to the Scope of Work, as disclosed elsewhere in this report.)
X^ Summary (A written report prepared under Standards Rule 2-2(b), pursuant to the Scope of Work, as disclosed elsewhere in this report.)
^ Restricted Use (A written report prepared under Standards Rule 2-2(c), pursuant to the Scope of Work, as disclosed elsewhere in this report,
restricted to the stated intended use by the specified client or intended user.)
Reasonable Exposure Time
My opinion of a reasonable exposure time far the subject property at the market value stated in this report is: _
Additional Certifications
X^ I have performed NO services, as an appraiser or in any other capacity, regarding the property that is the subject of this report within the three-year
period immediately preceding acceptance of this assignment.
^ I HAVE performed services, as an appraiser or in another capacity, regarding the property that is the subject of this report within the three-year
period immediately preceding acceptance of this assignment. Those services are described in the comments below.
Additional Comments
APPRAISER: /y/j ~,, /~--/. SUPERVISORY APPRAISER (only if required):
Signature: (~7=`~C" ~-C Signature:
Name: Leon D. Gerlach MSA MFLA GAA CCRA Name:
Date Signed: 08/27/2012
State Certification #: GA000368L Date Signed:
State Certification #:
or State License #: or State License #:
or Other (describe): State #: State:
State: PA Expiration Date of Certification or Lir;ense:
Expiration Date of Certification or License: 06/30/2013 Su ervisory Appraiser inspection of Subject Property:
Effective Date of Appraisal: August 21 2012 Did Not ^ Exterior-onl from street
Y ^ Interior and Exterior
115PRP 1205tl2012
FRONT VIEW OF
SUBJECT PROPERTY
Appraised Date: August 21, 2012
Appraised Value: $ 226,000
REAR VIEW OF
SUBJECT PROPERTY
STREET SCENE
PHOTO OF: FULL BATHROOM
1st FLOOR HALL & BEDROOM
FULL BATHROOM
PHOTO OF: FULL BATHROOM
2nd FLOOR HALL FULL BATHROOM
PHOTO OF: HALF BATHROOM
2nd FLOOR BEDROOM HALF BATHROOI
Piotlucetl uanp ACl follweie.800 t34,pJ9 rrvre.uFrveO,rom PHiJ 1p1BM1p
FLOORPLANSKETCH
33.0'
^ m n B.Room °
5.0' m m of
S LL
2.g'
o B.Roam
~ B.ROOm
rd
2.0
0
6
7.0' 0 18.0' o D 7.0'
0 N N N
N
4.0' 4.0'
Second Floor
Sun Room Covered Deck Deck
24.0' 58.0'
r
Dining m
b Family Kitchen LL
o Garage °'
H ~ O
41
B.Rocm N
16.0' Llving
m
24.0'
40.0'
First Floor
Lan A
Crawl
Den
0
m
N
Work Shop
I Comments:
40.0'
Basement
cotle ,.; AREA CAI,C~lL`ATIONS ,SUrujMArRY~ ,;
6eBOrt tlbd . ' :~' ,.. . , _; sr~e R ~r,,~i rb~Btb:. _~
Glal Fizet Floor 1424.00 1424.00
GIa2 Second Floor 891.00 891.00
BSM1' Beeemant 576.00
Beeement 1120.00 1696.00
TOTAL LIVABLE (rounded) 2315
West Shady Lane, Enola, PA
-LIVING'Af~EA BR~AkDOWN-•
• ~Feekflown Sutilgtals
First Floor
ze.o x 40.0 11zo.o0
16.0 x 19.0 304.00
Second Floor
2.0 x 6.0 12.00
4.0 x 5.0 20.00
4.0 x 5.0 20.00
16.0 x 38.0 608.00
7.0 x 33.0 231.00
7 Calculations Total (rounded) 2315
717-732-5052 Far 717-7'i~_RRaR
LOCATION MAP
Client: DISSINGER 8 DISSINGER File No.: H12080666
Property Address: 39 College Hill Road Case No.: VERNER-39 College Hill Road
~ City: Enola State' PA Zip: 17025-2108
West Shady Lane, Enola, PA 17025-2240 Phone 717-732-5052 Fax.
.+.+~.~~ .-.nr....~~rrwr~n~ ~ rnv lvMV VCIVVUIVI
COMPARABLESALE#1
503 1st Street
East Pennsboro Township
Sale Date: 05/2011
Sale Price: $ 165,000
COMPARABLESALE#2
1021 Valley Road
East Pennsboro Township
Sale Date: 08/2012
Sale Price: $ 148,000
COMPARABLESALE#3
910 Valley Road
East Pennsboro Township
Sale Date: 04/2012
Sale Price: $ 165,000
~.vmrnrcho~o rrtvron i t rnU i v AuutrvUUM
COMPARABLESALE#4
909 Maplewood Lane
East Pennsboro Township
Sale Date: 08/2012
Sale Price: $ 222,000
COMPARABLESALE#5
7 Logan Run
East Pennsboro Township
Sale Date: 05/2012
Sale Price: $ 225,250
COMPARABLESALE#6
45 Wetherburn Road
East Pennsboro Township
Sale Date: 02/2012
Sale Price: $ 248,000
,~r~u~~rnvr ~rt~ ~ rnVIVNV VCIVUUIVI
Client: DISSINGER &DISSINGER File No.: H1208066B
Property Address: 39 Colleoe Hill Road Case No.: VERNER-39 College Hill Road
City: Enola State PA Zip' 17025-2108
COMPARABLESALE#7
77 Sherwood Circle
East Pennsboro Township
Sale Date: 07/2012
Sale Price: $ 217,000
COMPARABLESALE#8
764 Marago Road
East Pennsboro Township
Sale Date: 06/2012
Sale Price: $ 289,000
COMPARABLESALE#9
1004 Jenkins Grove
East Pennsboro Township
Sale Date: 04/2012
Sale Price: $ 265,000
VERNER-39 College
******"** QUALIFICATIONS *********
APPRAISER RESUME
NAME OF APPRAISER: Leon D. Gerlach FIRM NAME: Leon D. Gerlach; Appraiser
BUSINESS ADDRESS 305 West Shady Lane, Enpla, PA 17025-2240
PHONE 717-732-5052 FAX 717-732-6646 email gerlachl@verizon.net
PROFESSIONAL MEMBERSHIPS, DESIGNATIONS AND CERTIFICATIONS
Pennsylvania CERTIFIED GENERAL REAL ESTATE APPRAISER
Certification Number GA-000368-L (PaCGREA-#368) 10/10/101991
National Association of Real Estate Appraisers in 01/1989
CCRA #27317 Certified Commercial Real Estate Appraiser
National Association of REALTORS Real Estate Appraisal Section in 07/1994
GAA General Accredited Appraiser
National Association of Independent Fee Appraisers in 1998
Master Appraisers in 05/1999
MSA Master Senior Appraiser
MFLA Master Farm & Land Appraiser
Greater Harrisburg Association of REALTORS in 1983
Associate Broker AB-048052-L in 12/1955
Greater Harrisburg Association of REALTORS -Appraisal Council 1991 to Present
Pennsylvania Association of REALTORS in 1983
EDUCATION
PROFESSIONAL & TECHNICAL (APPRAISAL) COURSES SATISFACTORILY COMPLETED
COURSE TITLE (tested) DATE (Hours)
Real Estate LawO 06/1986 (30)
Real Estate Appraising 12/1986 (30)
Real Estate Management 06/1987 (30)
Appraisal 09/1988 (30)
Standards of Professional Practice 02!1991 (15)
Appraisal of Income Producing Property 03/1991 (30)
Appraisal Course #3-Sales Comparison 05/1991 (16)
Appraisal Course #1-Basics of Appraisal 05/1991 (16)
Appraisal Course #5-Appraisal Standard/Ethics 0811991 (16)
Appraisal Course #4-Cost & Income 08/1991 (16)
Appraisal Course #2-Real Estate Analysis 09/1991 (16)
Uniform Standard of Professional Appraisal Practice (USPAP) 02/1993 (16)
Appraisal Course #7-Intro to Commercial 04/1992 (16)
1410 Standards of Professional Practice Part A 02/1993 (16)
1110 Appraisal Principals 02/1993 (39)
1120 Appraisal Procedures 03/1993 (39)
11420 Standards of Professional Practice Part B 05/1993 (11)
1210 Residential Case Study 05/1993 (39)
11500 Advance Residential Form 8 Narrative 07/1993 (39)
1310 Basic Income Capitalization 09/1995 (39)
1510 Advance Income Capitalization 10/1995 (39)
Marshall 8 Swift Cost Approach Residential 10/1995 (7)
Marshall 8 Swift Cost Approach Commercial 10/1995 (7)
1410 Standards of Professional Practice Part A 03/1997 (18)
1420 Standards of Professional Practice Part B 03!1997 (11)
Farm & Land 06/1998 (16)
Commercial Investment Appraisal 08/2004 (15)
Financial Analysis of Income Property 06/2004 (15)
National USPAP Course 09/2004 (15)
Direct Capitalization of Income Property 12/2004 (15)
Yield Capitalization of Income Property 12/2004 (15)
National USPAP Course 08/2006 (15)
Condemnation Appraising: Basic Principles 8 Applications 12/2006 (15)
Condemnation Appraising: Advanced Topics & Application 03/2007 (15)
SPONSORING ORGANIZATION
Harrisburg Area Community College
Harrisburg Area Community College
Harrisburg Area Community College
The Institute of Real Estate Studies
York County Real Estate Training Center
The Institute of Real Estate Studies
National Association of REALTORS
National Association of REALTORS
National Association of REALTORS
National Association of REALTORS
National Association of REALTORS
Appraisal Institute
National Association of REALTORS
Appraisal Institute
Appraisal Institute
Appraisal Institute
Appraisal Institute
Appraisal Institute
Appraisal. Institute
Appraisal Institute
Appraisal Institute
York County Association of REALTORS
York County Association of REALTORS
Appraisal Institute
Appraisal Institute
Lincoln Graduate Center
Lincoln Graduate Center
Lincoln Graduate Center
Lincoln Graduate Center
Lincoln Graduate Center
Lincoln Graduate Center.
Lincoln Graduate Center
Appraisal Institute
Appraisal Institute
VERNER-39 College
rvo. n i
EDUCATION Continue
********* QUALIFICATIONS *********
APPRAISAL CONFERENCES, SEMINARS, CLINICS AND CONTINUE EDUCATION ATTENDED
ACTIVITY OR COURSE TITLE DATES (Hours) SPONSORING ORGANIZATION
Exam Prep-Residential Appraisal Certification 05/1991 (15) Appraisal Institute
Exam Prep-General Appraisal Certification 06/1991 (15) Appraisal Institute
USPAP Update 01/1995 (4) Greater Harrisburg REALTORS Institute
Environmental Risk Management 04/1995 (16) Greater Harrisburg REALTORS Institute
Commercial Investment Real Estate Analysis 12/1996 (7) Harrisburg REALTORS Institute
The FHp, Appraisal 12/1996 (3) School of Real Estate Appraising, Inc
Appraiser's Legal Liabilities 04/1997 (7) Appraisal Institute
Alternative Residential Reporting Forms 05/1997 (7) Appraisal Institute
Valuation of Leased Fee Interests 09/1997 (7) Appraisal Institute
Valuation of Leasehold Interest 09/1997 (7) Appraisal Institute
Rates, Ratios 8 Reasonableness 10/1997 (7) Appraisal Institute
Automated Valuation Models 10/1997 (7) Appraisal Institute
Basic Residential HUD Appraisal Requirements 10/1999 (7) National Association of Independent Fee Appraiser
A Closer Look at Home Construction 12/1999 (7) Harrisburg REALTORS Institute
Going, Gone -Understanding Depreciation 09/2000 (7) Harrisburg REALTORS Institute
USPAP Update 10/2000 (7) Harrisburg REALTORS Institute
Calculating Gross Living Using ANSI Standards 12/2000 (7) National Association of Independent Fee Appraiser
Appraisal Forms & Reports 02/2001 (7) Harrisburg REALTORS Institute
$ and Sense: Introduction to Income Approach 02/2001 (7) Harrisburg REALTORS Institute
Appr. Beware Environmental & Stigma Issues 04/2001 (7) Harrisburg REALTORS Institute
Litigation Valuation (Expert Witness) 08/2001 (15) National Association of Independent Fee Appraiser
Uniform Appraisal Standards for Federal Land Acquisitions 07/2002 (16) Appraisal Institute
Appraising Real Estate Fraud 09/2002 (7) Harrisburg REALTORS Institute
USPAP Update 09/2002 (7) Harrisburg REALTORS Institute
Appr. Beware Environmental & Stigma Issues 03/2003 (7) Harrisburg REALTORS Institute
Limiting Appraiser Liability Exposure 04/2003 (7) Harrisburg REALTORS Institute
Distressed Property Appraisal 04/2003 (7) Harrisburg REALTORS Institute
USPAP Update 05/2003 (7) Harrisburg REALTORS Institute
Investment Property: Income 8 Expense Analysis 10/2003 (7) Harrisburg REALTORS Institute
What does Fannie Mae Say 11/2004 (7) Harrisburg REALTORS Institute
Photi=Fish and PA Regulations 01/2005 (7) Harrisburg REALTORS Institute
The New FANNIE MAE Appraisal Report 08/2005 (7) School of Real Estate Appraising, Inc.
Understanding a Commercial Appraisal 02/2006 (7) Harrisburg REALTORS Institute
Understanding s Commercial Document 04/2006 (7) Harrisburg REALTORS Institute
National USPAP 10/2006 (7) Harrisburg REALTORS Institute
Federal Banking & PA Regulations 11/2006 (7) Harrisburg REALTORS Institute
Flips, Frauds & Foreclosures 12/2007 (7) Harrisburg REALTORS Institute
Scope of Work 04/2007 (7) Harrisburg REALTORS Institute
EMPLOYMENT HISTORY
NAME
ADDRESS OF EMPLOYER TITLE
Miscellaneous Real Estate Sales
Harrisburg Area
Miscellaneous Real Estate
Harrisburg Area
RE/MAX Realty Associates,
Camp Hill, PA
Leon D. Gerlach, Appraiser
Leon D. Gerlach, Appraiser
Enola, PA
DEVOTED
DUTIES DATES TO APPRAISING
Sales 12/1983 to 1211985 5
Sales & Appraiser 12/1985 to 02/1990 10 to 30
Sales & Appraiser 02/1990 to 0211995 20 to 45
Appraiser 12/1985 to 02/1995 20 to 45
Appraiser 02/1995 to Present 100
Inc
Sales/Appraiser
Sales/Appraiser
Appraiser/Owner
Appraiser/Owner
VERNER-39 College
rvo. mc~o~ooo
********* QUALIFICATIONS *********
EXPERIENCE SUMMARY
EXPERIENCE
Presently: PA Associated Broker / PA Certified General Real Estate Appraiser
Real Estate Sales Agent (1983-1985) Real Estate Associate Broker 1985 to Present and Appraisals 1985 -Present
Over 15 years in the building industry -Owner of construction company for 10 years and worked for other construction
companies in management, as an estimator, and I personally performed all types of work on residential and
commercial properties.
Appraisals for the purpose of first and second mortgage loans, buyers, sellers, property settlements, litigation, estates,
employee transfers, eminent domain, tax appeals, divorce, partners buy out, easements, partial interest, value for
owner,
Appraisals for different types of properties like: vacant land, special purpose, apartments, multi-family, single family, offices,
school, part of an island, mixed uses, laundry mat, car wash, sub-divisions, health clubs, day cares, churches,
restaurants, bar/taverns, warehouses, retails, retail sales and services, motels, farms, gas stations, mini marts, car
lots, strip mall, medical office or use and others.
Being as commercial, industrial, agriculture as well as single family residential, have been made in the following counties on
a regular basics: Dauphin, Cumberland, Perry, York, Lebanon, Adams and Lancaster. Also do some work in Franklin,
Juniata and Snyder county on time permitting basics.
Did eminent domain in these additional counties: Franklin, Fulton, Mifflin, Snyder, Berks, Lehigh, Northampton and Monroe.
Other Counties only on special request.
Review of various appraisals.
PARTIAL APPROVED AND COMPLETED ASSIGNMENT LIST
Internal Revenue Service
U. S. Department of HUD /Property Disposition Branch
Resolution Trust Corporation
Commonwealth of Pennsylvania Department of Transportation
Small Business Administration
NAMI Pennsylvania
Harrisburg City
Annville Township
Mt Holly Springs Borough
Wheatfield Township
Serratelli, Schiffman, Brown & Calhoon Attorney
Cunningham & Chernicoff PC Attorney
Morgan Hallgren, Crosswell & Kane Attorney
Siegrist, Koller, Brightbill, Long, & Feeman
Dissinger 8 Dissinger Attorneys
MORGAN, James G. Jr., Esquire
BRENNEMAN, Keith O.-Attorney
Killian 8 Gephart
Barley, Snyder, Senft & Cohen, LLC
Linton, Distasio, Adams & Palange, P. C.
Messiah College
Fulton Precision Inc.
Herbert, Rowland & Grubic, Inc. Engineers
Alpine Resorts, Inc.
Palm Development, Inc.
Pennsylvania Housing and Finance Agency
United Way of the Capital Region
Central Pennsylvania Conservancy
Township of Derry
Susquehanna Township
Dauphin County Commissioners
Knupp & Kodak Attorney
James G. Morgan Esquire
Mette, Evans & Woodside Attorney
Saidis, Shuff, Flower & Lindsay
Purcell, Krug 8 Haller
Hanson & Ruben
Hanft & Vohs
GRUBB, William Lewis -Attorney
Kay Dailey -Attorney
Wolfington Body Company
Fulton Industrial Development Association
Friendship Fire Company
Marder and Associates, Inc.
VERNER-39 College
**"****** QUALIFICATIONS ***""*"**
PARTIAL APPROVED AND COMPLETED ASSIGNMENT LIST Continue
Legacy Bank
Community Bank
Commerce Bank
Farmer Trust Bank
Mid Penn Bank
Blue Ball National Bank
PNC Bank
First National Bank of Marysville
Fulton Bank
Vartan National Bank
National City Bank
Washington Mutual Bank
Pennsylvania National Bank
Juniata Valley Bank
Portage National Bank
FIRST National Bank of Newport
Union Bank and Trust Company
M&TBank
First Union Bank
Sovereigh Bank
Pennsylvania State Bank
Allfirst Bank
First Union Bank
Citizens Bank
Gratz Bank
Eastern Savings Bank
F 8 M Trust Company
Prudential Bank
Drovers Bank
Halifax National Bank
Orristown Bank
Patriot Bank
South County Bank
Susquehanna Valley Federal Credit Union
Members 1st Federal Credit Union
Entrust Federal Credit Union
Equity One, Inc.
Select Business Services
Agents Mortgage
American Express
Chase Manhattan Mortgage Corp.
National City Mortgage
Statewide Mortgage Associates, Inc.
Belco Credit Union
Utilities Employee FCU
CE Federal Credit Union
GMAC
Windsor Financial Mortgage Corporation
Allstate Appraisal Review Service
Wells Fargo Financial
Data Search
Capital Mortgage Finance Corp.
For other attorney, cities, borough, townships, churches, companies, schools, clubs, government agencies and lenders not listed
also for many property owner for different reagons and needs.(062007)