HomeMy WebLinkAbout04-24-14 (2) i 1505610140
.._I
REV-1 500 EX (02-11)(FI)
OFFICIAL USE ONLY
PA Department of Revenue
Bureau of Individual Taxes County Code Year File Number
PO BOX 280601 INHERITANCE TAX RETURN 2 1 1 3 1 3 5 8
Harrisburg,PA 17128-0601 RESIDENT DECEDENT
i ENTER DECEDENT INFORMATION BELOW
1 1 1 0 2 0 1 3 0 4 0 6 1 9 1 8
Decedent's Last Name Suffix Decedent's First Name MI
Z E I G L E R J E A N M
(If Applicable)Enter Surviving Spouse's Information Below
Spouse's Last Name Suffix Spouse's First Name MI
Spouse's Social Security Number
THIS RETURN MUST BE FILED IN DUPLICATE WITH THE
REGISTER OF WILLS
FILL IN APPROPRIATE OVALS BELOW
0 1.Original Return 2.Supplemental Return F-] 3. Remainder Return(Date of Death
Prior to 12-13-82)
El 4.Limited Estate 4a.Future Interest Compromise(date of ❑ 5.Federal Estate Tax Return Required
death after 12-12-82)
E] 6.Decedent Died Testate 7.Decedent Maintained a Living Trust 0 8.Total Number of Safe Deposit Boxes
(Attach Copy of Will) (Attach Copy of Trust.)
9. Litigation Proceeds Received 10.Spousal Poverty Credit(Date of Death F 11.Election to Tax under Sec.9113(A)
Between 12-31-91 and 1-1-95) (Attach Schedule O)
CORRESPONDENT.THIS SECTION MUST BE COMPLETED,ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SHOULD BE DIRECTED TO:
Name Daytime Telephone IN '-
C*�
I V 0 V 0 T T 0 I I I 7 1202 4 3= 3rr 1
RMIS#W WItL!USES
IV r, M
v
First Line of Address
1 0 E A S T H I G H S T R E E T I Q ° I
Second Line of Address ry~j m
7.a N
City or Post Office State ZIP DATE FILED
C A R L I S L E P A 1 7 0 1 3
Correspondent's e-mail address: IOTTOPMARTSONLAW,COM
Under penalties of perjury,1 declare that I have examined this return,including accompanying schedules and statements,and to the best of my knowledge and belief,
it is true,correct and=plate.Declaration of preparer other than the personal representative is based on all information of which preparer has any knowledge.
7 RE OF PERSON RESPONSIBLE FOR FILING RETURN DAT
ADDRESS
1101 REGENT COURT CARLISLE PA 17013
SIGNA PP� R HAN REPRESENTATIVE t DATV,
' lY
ADDRESS
10 EAST HIGH STREET CARLISLE PA 17013
PLEASE USE ORIGINAL FORM ONLY
Side 1
1505610140 1505610140
Continuation of REV-1500 Inheritance Tax Return Resident Decedent
JEAN M.ZEIGLER 21 13 1358
Decedent's Name Page 3 File Number
Correspondents
Name Daytime Telephone Number
I V 0 V 0 T T 0 I I I 7 1 7 2 4 3 3 3 4 1
First line of address
1 0 E A S T H I G H S T R E E T
Second line of address
City or Post Office State ZIP Code
C A R L I S L E P A 1 7 0 1 3
Correspondent's e-mail address:10 T T 0 a M A R T S 0 N L A W - C 0 M
Under penalties of perjury,I declare that I have examined this return,including accompanying schedules and statements,and to the best of my knowledge and belief,
it is true,coned nd complete.Declaration of preparer otherthan the personal representative Is based on all information of which preparer has any knowledge.
SIGNATURE O `PER ON SIBLE R FILING RETURN^ �\ D,QT;�
d // 23
ADDRESS
544 WILSON STREET CARLISLE PA 17013
1 1505610240
J REV-1500 EX(FI)
RECAPITULATION
1. Real Estate(Schedule A) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
2. Stocks and Bonds(Schedule B) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2. 0 • 0 0
3. Closely Held Corporation,Partnership or Sole-Proprietorship(Schedule C) . . . . . 3.
4. Mortgages and Notes Receivable(Schedule D) 4.
5. Cash,Bank Deposits and Miscellaneous Personal Property(Schedule E). . . . . . . 5. 5 5 7 3
6. Jointly Owned Property(Schedule F) ❑ Separate Billing Requested . . . . . . . 6. 1 2 5 8 . 5 5
7. Inter-Vivos Transfers&Miscellaneous Non-Probate Property 2 2 0 0 0 0 . 0 0
(Schedule G) F1 Separate Billing Requested . . . . . . . 7.
8. Total Gross Assets(total Lines 1 through 7) 8. 2 2 6 8 3 2 . 2 4
9. Funeral Expenses and Administrative Costs(Schedule H) . . . . . . . . . . . . . . . . . . 9. 2 0 2 2 5 . 5 8
10. Debts of Decedent,Mortgage Liabilities, and Liens(Schedule 1) . . . . . . . . . . . . . 10. 1 3 4 6 2 5 . 2 7
11. Total Deductions(total Lines 9 and 10) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11. 1 5 4 8 5 0 . 8 5
12. Net Value of Estate(Line 8 minus Line 11) . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12. 7 1 9 8 1 . 3 9
13. Charitable and Governmental Bequests/Sec 9113 Trusts for which
an election to tax has not been made(Schedule J) . . . . . . . . . . . . . . . . . . . . . . 13.
14. Net Value Subject to Tax(Line 12 minus Line 13) . . . . . . I . . . . . . . . . . . . . . . 14. 7 1 9 8 1 . 3 9
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 . 0 0 15. 0 . 0 0
16. Amount of Line 14 taxable 3 2 3 9 . 1 6
at lineal rate X.045 7 1 9 8 1 . 3 9 16.
17. Amount of Line 14 taxable 0 . 0 0 i 7 0 . 0 0
at sibling rate X.12
18. Amount of Line 14 taxable 0 • 0 0
at collateral rate X.15 0 0 0 18.
19. TAX DUE 19. 3 2 3
20. FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT ❑
Side 2
L 1505610240 1505610240 J
REV-1500 EX(FI) Page 3 File Number
Decedent's Complete Address: 21 13 1358
DECEDENT'S NAME
JEAN M.ZEIGLER
STREET ADDRESS
544 WILSON STREET
CITY STATE ZIP
CARLISLE PA 17013
Tax Payments and Credits:
1. Tax Due(Page 2,Line 19) (1) 3,239.16
2. Credits/Payments
A.Prior Payments
B.Discount
Total Credits(A+B) (2) 0.00
3. Interest
(3)
4. If Line 2 is greater than Line 1 +Line 3,enter the difference.This is the OVERPAYMENT.
Fill in oval on Page 2,Line 20 to request a refund. (4) 0.00
5. If Line 1 +Line 3 is greater than Line 2,enter the difference.This is the TAX DUE. (5) 3,239.16
Make check payable to: REGISTER OF WILLS, AGENT
PLEASE ANSWER THE FOLLOWING QUESTIONS BY PLACING AN "X" IN THE APPROPRIATE BLOCKS
1. Did decedent make a transfer and: Yes No
a. retain the use or income of the property transferred ...................................................................... ❑ ❑X
b. retain the right to designate who shall use the property transferred or its income ............................... ❑ I]
c. retain a reversionary interest ..................................................................................................... ❑ I]
d. receive the promise for life of either payments,benefits or care? ....................................................... ❑
2. If death occurred after December 12,1982,did decedent transfer property within one year of death
without receiving adequate consideration? ....................................................................................... 0 ❑
3. Did decedent own an'in trust for'or payable-upon-death bank account or security at his or her death? ......... ❑ 0
4. Did decedent own an individual retirement account,annuity or other non-probate property,which
contains a beneficiary designation?.................................................................................................. ❑ ❑X
IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS YES,YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETURN.
For dates of death on or after July 1, 1994,and before Jan. 1, 1995,the tax rate imposed on the net value of transfers to or for the use of the surviving spouse
is 3 percent[72 P.S.§9116(a)(1.1)(1)],
For dates of death on or after Jan. 1, 1995,the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is 0 percent
[72 P.S.§9116(a)(1.1)(ii)].The statute does not exempt a transfer to a surviving spouse from tax,and the statutory requirements for disclosure of assets and
filing a tax return are still applicable even if the surviving spouse is the only beneficiary.
For dates of death on or after July 1,2000:
• The tax rate imposed on the net value of transfers from a deceased child 21 years of age or younger at death to or for the use of a natural parent,an
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 172 P.S.§9116(a)(1.3)].A sibling is defined,
under Section 9102,as an individual who has at least one parent in common with the decedent,whether by blood or adoption.
REV-1508 EX-(08-12)
pennsylvania SCHEDULE E
DEPARTMENT OF REVENUE CASH, BANK DEPOSITS & MISC.
INHERITANCE TAX PERSONAL PROPERTY
ESTATE OF: FILE NUMBER: _
JEAN M.ZEIGLER 21 13 1358
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.
ITEM VALUE AT DATE
NUMBER DESCRIPTION OF DEATH
1. Diakon Lutheran Social Ministries,refund Cumberland Crossings 5,573.69
TOTAL(Also enter on Line 5,Recapitulation) $ 5,573.69
If more space is needed,use additional sheets of paper of the same size.
REV-1509 EX+(01-10)
pennsylvania SCHEDULE F
DEPARTMENT OF REVENUE JOINTLY-OWNED PROPERTY
INHERITANCE TAX RETURN
RESIDENT DECEDENT
ESTATE OF: FILE NUMBER:
JEAN M.ZEIGLER 21 13 1358
If an asset was made jointly owned within one year of the decedent's date of death,it must be reported on Schedule G.
SURVIVING JOINT TENANT(S)NAME(S) ADDRESS RELATIONSHIP TO DECEDENT
A. Kimberly C.Zeigler 544 Wilson Street Daughter
Carlisle,PA 17013
B. Brenda Z.Davidson 1101 Regent Court Daughter
Carlisle,PA 17013
C.William G.Davidson 1101 Regent Court Son-in-law
Carlisle,PA 17013
JOINTLY-OWNED PROPERTY:
LETTER DATE DESCRIPTION OF PROPERTY %OF DATE OF DEATH
ITEM FORJOINT MADE INCLUDE NAME OF FINANCIAL INSTITUTION AND BANK ACCOUNT NUMBER OR SIMILAR DATE OF DEATH DECEDENTS VALUE OF
NUMBER TENANT JOINT IDENTIFYING NUMBER.ATTACH DEED FOR JOINTLY-HELD REAL ESTATE. VALUE OF ASSET INTEREST DECEDENT'S INTEREST
1. A/B/C 7/1979 M&T Bank, checking account no. 564699 4,868.38 25. 1,217.10
See attached.
2. C 12/1982 M&T Bank,savings account no. 15004200018510 82.89 50, 41.45
See attached.
TOTAL(Also enter on Line 6,Recapitulation) $ 1,258.55
If more space is needed,use additional sheets of paper of the same size.
REV-1510 EX+(08-09)
pennsylvania SCHEDULE G
DEPARTMENT OF REVENUE INTER-VIVOS TRANSFERS AND
INHERITANCE TAX RETURN MISC. NON-PROBATE PROPERTY
RESIDENT DECEDENT
ESTATE OF FILE NUMBER
JEAN M.ZEIGLER 21 13 1358
This schedule must be completed and fled if the answer to any of questions 1 through 4 on page three of the REV-1500 is yes.
DESCRIPTION OF PROPERTY
ITEM INCLUDE THE NAME OF THE TRANSFEREE,THEIR RELATIONSHIP TO DECEDENT AND DATE OF DEATH % DECO'S EXCLUSION TAXABLE
NUMBER THE DATE OF TRANSFER.ATTACH A COPY OF THE DEED FOR REAL ESTATE. VALUE OF ASSET INTEREST (IFAPPLICABLD VALUE
1. Real estate located at 544 Wilson Street,Carlisle Borough, 220,000.00 100.00 220,000.00
Cumberland County,PA,known as Tax Parcel No. 04-21-0322-361
being described in Deed dated April 16,2013,and recorded in
Cumberland County,PA,Instrument No. 201312803, and being
conveyed to Jean M.Zeigler,Brenda Z.Davidson and Kimberly
C.Zeigler,holding title as tenants in common.
Brenda Z.Davidson and Kimberly C.Zeigler are daughters of
decedent.
See attached Deed and Appraisal dated February 13,2013.
TOTAL (Also enter on Line 7,Recapitulation) $ 220 000.00
If more space is needed,use additional sheets of paper of the same size.
REV-1511 EX+(08-13)
pennsylvania SCHEDULE H
DEPARTMENT OF REVENUE FUNERAL EXPENSES AND
INHERITANCE TAX RETURN ADMINISTRATIVE COSTS
RESIDENT DECEDENT
ESTATE OF FILE NUMBER
JEAN M.ZEIGLER 21 13 1358
Decedent's debts must be reported on Schedule 1.
ITEM
NUMBER DESCRIPTION AMOUNT
A. FUNERALEXPENSES:
1. Hoffman-Roth Funeral Home 9,355.92
2. Grave opening 2,100.00
3. Honorarium to pastor, organist and church custodian 700.00
B. ADMINISTRATIVE COSTS:
1. Personal Representative Commissions:
Name(s)of Personal Representafive(s)
SlreetAddress
City State ZIP
Years)Commission Paid:
2, Attorney Fees: Martson Law Offices(estimated) 7,335.00
3, Family Exemption:(If decedent's address is not the same as claimant's,attach explanation.)
Claimant
Street Address
City Stale ZIP
Relationship of Claimant to Decedent
4. Probate Fees: Register of Wills,Cumberland County 383.50
6 Accountant Fees:
6. Tax Return Preparer Fees:
7. Cumberland Law Journal,advertising Letters Testamentary 75.00
8. The Sentinel,advertising Letters Testamentary 201.16
9. Deed Recording fees 75.00
TOTAL(Also enter on Line 9,Recapitulation) $ 20 225.58
If more space is needed,use additional sheets of paper of the same size.
REV-1512 EX-112-12)
pennsylvania SCHEDULE I
DEPARTMENT OF REVENUE DEBTS OF DECEDENT,
INHERITANCE TAX RETURN MORTGAGE LIABILITIES&LIENS
RESIDENT DECEDENT
ESTATE OF FILE NUMBER
JEAN M.ZEIGLER 21 13 1358
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
1. F&M Trust,mortgage loan account No. 100859-10 134,185.10
See attached.
,V
2. NcKesson Medsburg Mart,Inc.,account payable 440.17
TOTAL(Also enter on Line 10,Recapitulation) $ 134,625.27
If more space is needed, insert additional sheets of the same size.
REV-1513 EX-(01-10)
pennsylvania SCHEDULE J
DEPARTMENT OF REVENUE
BENEFICIARIES
INHERITANCE TAX RETURN
RESIDENT DECEDENT
ESTATE OF: FILE NUMBER:
JEAN M. ZEIGLER 21 13 1358
RELATIONSHIP TO DECEDENT AMOUNT OR SHARE
NUMBER NAME AND ADDRESS OF PERSON(S)RECEIVING PROPERTY Do Not List Trustee(s) OF ESTATE
I TAXABLE DISTRIBUTIONS [Include outr�'ghtspousal distributions and transfers under
sec.9116(a)(1.2).]
1. Brenda Z.Davidson Lineal 35,361.42
1101 Regent Court 1/2 of estate residue
Carlisle,PA 17013
2. Kimberly C.Zeigler Lineal 35,361.42
544 Wilson Street 1/2 of estate residue
Carlisle,PA 17013
3. Brenda Z.Davidson Lineal 405.70
1101 Regent Court 1/4 of Sch. F, Item 1
Carlisle,PA 17013
4. Kimberly C.Zeigler Lineal 405.70
544 Wilson Street 1/4 of Sch.F, Item 1
Carlisle,PA 17013
5. William G.Davidson Lineal 447.51
1101 Regent Court 1/4 of Sch.F,Item 1
Carlisle,PA 17013 1/2 of Sch.F,Item 2
ENTER DOLLAR AMOUNTS FOR DISTRIBUTIONS SHOWN ABOVE ON LINES 15 THROUGH 18 OF REV-1500 COVER SHEET,AS APPROPRIATE.
11. NON-TAXABLE DISTRIBUTIONS:
A.SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT TAKEN:
1.
1.
B.CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS:
1.
1.
TOTAL OF PART II-ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET. $
If more space is needed,use additional sheets of paper of the same size.
MM&TBank
499 Mitchell Road,Millsboro,DE 19966 Adjustment Services
Phone 888-502-4349
Fax (302)934-2955
January 7,2014
Martson Dearorff Williams Otto Gilroy & Faller
Martson Law Office
10 East High Street
Carlisle, PA 17013
Re: Estate of Jean M.Zeigler
Social Security: 174-05-0207
Date of Death: November 10,2013
Dear Sir or Madam:
Per your inquiry on January 2, 2014, please be advised that at the time of death,the above-named decedent had
on deposit with this bank the following:
1. Type of Account Checking Account
Account Number 564699
Ownership(Names of) Jean M Zeigler
Kimberly Zeigler
Brenda Z Davidson
William G.Davidson
Opening Date 0710111979
Balance on Date of Death $4,868.38
Accrued Interest $ .00
Total $4,868.38 .E 1. ... Z rT
ll .
2. Type of Account Savings Account
Account Number 15004200018510
Ownership(Names of) Kimberly C Zeigler(POA)
William G Davidson
Jean M Zeigler
Opening Date 1212111982
Balance on Date of Death $82.88
Accrued Interest $ .01
Total $82.89 ... t � m a
cnd
}
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i
I
For any additional information on the above accounts,including ownership and any changes,closures and/or reimbursement of funds,
please call the Shmehedge at 717-2404524.
We were unable to locate any safe deposit box for the above-mentioned decedent.
This letter does not include any accounts in which the deceased may have been listed as Power of Attorney,Custodian of Uniform Transfers,
Representative Payee,or Trustee under a Written Agreement
Sincerely,
Valarie Mercer
Adjustment Services
r
SUBJECT TO the building and use restrictions of East Hills recorded in the Office
of the Recorder of Deeds in and for Cumberland County,Pennsylvania in Plan Book
4, Page 39.
BEING THE SAME PREMISES which George C.Ruch and Betty L. Ruch,husband
and wife, by Deed dated October 15, 1959, and recorded October 15, 1959, in the
Office of the Recorder of Deeds in and for Cumberland County, Pennsylvania,
granted and conveyed to Clayton H. Zeigler and Jean M. Zeigler. AND the said
Clayton H. Zeigler, May 9, 1997, whereupon title to the property vested into his
surviving spouse,Jean M. Zeigler, Grantor herein.
UNDER AND SUBJECT to any existing covenants, easements, encroachments,
conditions, restrictions, notations and agreements affecting the property, visible or
of record.
THIS IS A TRANSFER FROM MOTHER TO MOTHER AND DAUGHTERS
AND IS THEREFORE EXEMPT FROM REALTY TRANSFER TAXES.
AND the said Grantor hereby covenants and agrees that she will warrant specially the
property hereby conveyed.
IN WITNESS WHEREOF, said Grantor has hereunto set her hand and seal the day and year
first above written.
SIGNED, SEALED AND DELIVERED
IN THE PRESENCE OF
Jean M. Z gler, gy her F&er of Atto ey
Brenda Z. Davidson
COMMONWEALTH OF PENNSYLVANIA )
): ss.
COUNTY OF CUMBERLAND )
On this,the 16`h day of April,2013,before me,the undersigned officer,personally appeared
Brenda Z. Davidson, Power of Attorney for Jean M. Zeigler, known to me or satisfactorily proven
to be the person whose name is subscribed to the within instrument, and acknowledged that she
executed the same for the purposes therein contained.
IN WITNESS WHEREOF, I hereunto set my hand and official seal.
Ato LA. 2 " (SEAL)
Nof4 Public
COMMON EALTH Of PENNSYLVANIA
Notarial Seal Public
AnJanette S.APPy.Notary
Carlisle 90r0,Q+mrei Ai�.17 014
My Commasbn Ell
•".n`�,.^cnnc+N�nia at en NMarW
3 a F 3q)
I hereby certify that the precise residence and complete post office address of the within
Grantees is 1101 Regent Court, Carlisle, PA 17013
Attorney for Grantees
MARTSON DEARDORFF WILLIAMS OTTO GILROY & FALLER
MARTSON
LAW OFFICES
10 EAST HIGH STREET
CARLISLE,PENNSVU'ANIA 17013
TELEPHONE 717-243-3341
FACSIMILE 717-243-1850
INTERNET www.martsonlaw.com
�� �� -3
ROBERT P. ZIEGLER
RECORDER OF DEEDS J.
CUMBERLAND COUNTY
1 COURTHOUSE SQUARE
CARLISLE, PA 17013
717-240-6370
1 a m
Instrument Number-201312803
Recorded On 4/22/2013 At 11:47:47 AM *Total Pages-4
•Instrument Type-DEED
Invoice Number- 134772 User ID- SW
•Grantor-ZEIGLER,JEAN M
•Grantee-ZEIGLER,JEAN M
•Customer-MARTSON
*FEES
STATE WRIT TAX $0.50 Certification Page
STATE JCS/ACCESS TO $23.50
JUSTICE DO NOT DETACH
RECORDING FEES — $11.50
RECORDER OF DEEDS DOW This page 13 art
PARCEL CERTIFICATION $10.00 P g II
FEES of this legal document.
AFFORDABLE HOUSING $11.50
COUNTY ARCHIVES FEE $2.00
ROD ARCHIVES FEE $3.00
CARLISLE AREA SCHOOL $0.00
DISTRICT
CARLISLE BOROUGH $0.00
TOTAL PAID $62.00
I Certify this to be recorded
in Cumberland County PA
r v.
s
RECORDER O D EDS
trap
"-Information denoted by an asterisk may change during
the verification process and may not be reflected on this page.
0039HT
IIIIIIIIII IN 111111111111
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s.W.Barrett Real Estate 8 Appraisal services
File No,17-0071
APPRAISAL OF
Ill t .s
� , 1
LOCATE D AT:
544 Wilson street
Carlisle,PA 17017
FOR:
F&M Twat Company
P.O.Box 6010
Cbambenburg,PA 17201
BORROWER:
Jean M Zeigler&Brenda Z Davidson
AS OF:
February 13,2010
BY:
Cassandra J.Crockett
PA Certified Residential Real Estate Appraiser
C� C4 3y)
o ,
S.W.Barrett Real Estate 6 Appraisal Services
File No,13.0031
FF0212112013
No AMC
F&M Trust Company
P.O.Box 6010
Chambersburg,PA 17201
File Number: 13-0031
In accordance with your request,I have appraised the real property al:
5"Wilson Street
Carlisle,PA 17013
The purpose of this appraisal is to develop an opinion of the market value of the subject property,as improved.
The property rights appraised are the lee simple interest in the site and improvements.
In my opinion, the market value of the properly as Of February 11,2013
I5:
$220,000
Two Hundred Twenty Thousand Dollars
The attached report contains the description, analysis and supportive data for the conclusions,
final opinion or value, descriptive photographs, limiting conditions and appropriate certifications.
Respectfully submitted,
///^���
Cassandra /!
PA Certified Residential Real Estate Appraiser
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a t S.W.Barrett Real Estate 6 Appraisal Services
Uniform Residential Appraisal Report File NO 13 4031
the purpose of This 5ummary appraisal re on is t0 provide the lenderldient wilh an accurate,and adequately suilaorted.opinion of the market value of the Sub ea Drapery
Po Addles 544 Wilson Street city Carlisle Stale PA ii cotta 17013
sap,ea Joan M Zeigler&Brenda Z Davidson owns a Pubic Read Zeigler,Jean M Courty Cumberland
L !Oesa' bn Deed Book 19-1.-page 361
A%maS Par[d r 04-21-0322.361 Tae Yes 2012 RE Tales S 5138
Nei nbahood Name MIL Nab Reebinor 21-0322 Census Tlan 0124.00
owns FITenam FIV94M Saeval easmsmensSO t JPUD HOAS9 Elperyear OP.Momr,
P,peryMqmA,,gajsed tXJF.$,PIe t Leaxhdld Other deWM
MsNarnedi Plr[IIax TTanM,xn Refinance Tramankn L OtMr tlaxribe
LeadaK;km F b M Trust Company Address P.8.Box 6010 Chamberil PA 17201
1%ft eci broperry curecay oikeed far Sale a has k been Uttered hKSde m the WrertaMS XW to the effective dare ddrisa a1M17 Yes No
Repondanxacel5)uxd,dfamgpuHs).aMdae(s}. Per total multi4lst records,
I Cdid Udd na slalya IM caaran lasale far the xgect Mlese aamadod Eephirthe mults of me aria YdU%Wreaa[a sakewhythearrelysa was nor performed
Canner PoCe2 DAPEACOmrad is rile o xaa tM ovmad tx raad7 Yes DIO, Dala Sour[ 5
a urcteam/liremai assnrsxa{ban[hmgea.Mkcaaessom,gaadownpaymem assisance,ac.ito be pdtlaq any perry on oaMHdlM OOrtmrel Ljyea UNO
H Ye2.1 epee the last duffs am am and describe U%items m be
Nme.Pa[eelW the mcialcom sitlbnol[herei nbornootlerena[g relullecraa,
*� Nd NM4CNaraecal%Ira.':5,+` ..''-A 4nwUnhHaM TeaWS; Grauer,NOua Prosent Landrum%
LUrawn txaae Sudaoan Rath Pa. Yaama imeesi Stapk Dlicarveri PRICE AGE Ore Urn 85%
Sit- Over tS% 2SJ5% llrda25% Shat NBakrxe Ovasu S Is 2dU 3%
Gmwm Aa' SUbk SWw Tmro ihakr3mdn 3imd% 6v s"ft 135 tow 0 Muaiam 32%%
Neghod"5atlndades Sub ect is bounded on the north by RLIII641•on the east b RL34• 690 N' 100 Caunatid 6%
on the south by Marsh Drive*and on the west by Wallin on Drive. 245 P ai 12 1 Daces hastit'i 5%
Neghdahooe Dmalptiola Sub ect property is located in an established neighborhood of single family homes within the Borough of
Carlisle with a mix of residential Institutional and commercial usage.Shopping and other amenities are within walkino or
short drWhatil distance,School system is Carlisle District and local elementary school is within.25 mile.
Mska GOaflia%{;rrAadng wppstiu Vre aaaee mxkauesi Ses Attlichad Addendum
Dimersias 5xradlus 102.63 arc 97.38x" area 24829 all Shape Irregular Ylew N;Ros•
S Rc Zoni Cia Pricaeon R7 Zwera De don Low Density Residential
2 C L d t INOncodaM GrandfedlaedUM Nn ZOd VI I Oes[doe
LS{te MpMYaMCea u5ad111a suajatpropMpaSimPav�(IX aS prOpPaMpalaane and 5pareralialSjtlRprMClllls BT YBS Ne HNO.desael.. "radlus126
arc 56.20xradius 15.24 arc 60.34x20x16x150
UUlltim Public Other describe PWik OVMr dmacnM ON-argil Pe,,ATypa Public PrNma
Ekadc wells Sires Asphalt
Gas Salta Sews W Li Alley None
FEWSpenaiFilardfiezatidAres I JYmIXINO FEWFbWZ"X FEW I 42041CO229E FEW Wo Date 03/16/2009
Naas aibksand as-see' ovelx+aa to tlla marls areal IXJYM LJNO ffNo..amu@e.
A2a%ft MYadmxs¢a cwWbrSa aamdiadars{easamela,enroaulmerlb,emianlmW cmaVwa.knduxs.rtc.11 Uymt2UNO HYes.dlruaxl,
GENERAL OESCRIPY)ON F OAT 04 EXTEFWR DESCRIPTION malleftiscorecka, INTERIOR matenelY aldaon
tmas ore UoPeecok[as Urd Comae Siva CraMS a rammaoa Wallis Slock/AV Fleas HW/CarfVln/Av
r015w. 1.5 TuNeasematt Pa11rei8asamae Exterew WARS BriekMn 1ZAv Meih PlstrfPanel/Av jL
T o,, AIL SDetlErWUta aasemax Nee 1867 .k Rare Were Shin 16/AY Te�niSh Wood/Avg.
Evixa Po girl Untla CmsL Basemem Pknh 70% Gudesd Doempreas AtaminumfAv amhfw Tite/AY
Desi s le Cape Cad OvWdOEamfftd MadvATNer DMCsmnt/Ava sathwakeca PistrITIliallAvig
Yearsurnl963 Evidenced Inferable Storm Sawnsulatee Storagi a Car Stem Nate
EaxRNen r 18-20 IDerems Seaemem Screen Yes/AV D,,P.j rdcars 2
AM Nme "wal Par X NWBa Radaa wranHks WoodSbve5 1 0 Deweav Sur a.Asphalt '
(k2a Slain Slai4 IOU. IFW Gas FM s r 3 Fence None IXIG.am rocam 2
Fbor ScMUa War 1XICeMAIMCOWearn PetidDak PaUO ftmsx12 tjCrepon tot Caei 0
Filashed ILlHeated 11,drodual Oiler Joe.None IXJft, I IDer. L &labor
F7 �
Rehi ma Ra IOven DSlwastpr Ors al Miaowev0 Washal Other demhe ea above atle"a""a: 8 Rboms 4 Bdama 2.0 9a1 5 2 269 5 le Feet of Gross Lira Nea Allove Grade eaves{spaeianergyaiflckn Gems.ar.}. State in f or hsrttYZOOd floors In bedrooms some car ets t1le In halha'zoned
s stem•finished lower level with additional fire lace b halt bath•rear arch and lifte[oMakn or ue popery[u+crtain9lccdedrecaMS.daewraua.reC4•No updates in the riot i5 e9rs-Same exterior
dint on freme:interior not recent) u datedrry physkd tlackncksa alsexce ndaiolsms aBettthe lbeaaiiRl,samd%ss.asmxdraiintegHy dfie papmyt ties No IIYes,Oesuibe.
opery penaaitY[Odamk the neiyhbaleod flurctional adHY,style.toMAion,ux,caHWNa,ek.li Yes No If N0.tlesuibe.
riayle WtrdmNWm NIS IIAO Vdsdi 4Ra11 MmtNUVgAas>�.If9a.'Lrli+ss+�oT Farvc 4ieF lrq pSWpaaA1'�i 3q)
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Uniform Residential Appraisal Report Naked 13.0031
Theaaze 4 t rat-. atkradhrsak;nthe su'ettresl naodra iry ice komS 199,000 tot 245,000
Themae 4 com rattle sales inlM SW- nei bahobdwnnin ole reetve monNS ra hsde kebom5 195000 tat 246.000
FEATURE SUBJECT COMPARABLE SALE NO.1 COMPARABLE SALE NO.2 COMPARABLE SALE N0.3
544 Wilson Street 380 Wilson Street $24 Belvedere Street 1008 Acre Drive
Address Carlisle PA 17013 Carlisle PA 17013 Carlisle PA 17013 Carlisle PA 17013
ProkonryloStIrect 0.09 miles N 0.17 miles SW 0.63 miles S
Sale Rice S S 217 000 S 246 000 S 214,900
Sae PbodakasLre Area s 0.00 .a S 124.81 .rt � "" t 100.90 k ' "' S 99.17 .s.
Odra Svit CPML#10215262•00M 168 CPML#10224381•00M 15 CPML 00216912.*D01,11 35
vermwum Sooselu Courthouse Records Courthouse Records Courthouse Records
VALUE ADJUSTMENTS DESCRIPTION DESCRIPTION •0$ DESCRIPTION ..f DESCRIPTION
SakaFiraixing Ami Estate ArmLth
Concessions Cash•0 FHAA000 0 Cash•O
Dakd$akrflme 904112'1103112 sO8/12'tO6/l2 102112'1/2/111
taaban I N'Res• N•Res• N'Res' N'Res'
Lemsocis'"Shrooke Fee Simple Fee Simple Fee Simple Fee Simple
See 24829 sf 21344 of 0 16988 sf 0 22651 all 0
Yew N'Res' 1i N-Res' N•Res•
Desi s le
Cape Cod Traditional 0 TradiOonal 0 Traditional 0
Qa d0afrsbtxiron 04 04 Q4 04
kxrd Age 5O 61 0 49 8 40 0
CantlAkn Cd C3 -15900 C3 -15000 G3 -15000
Above Gads tow ase raw fare rml eons faa saga sake
Rmm Cead $ 4 2.0 8 4 2.0 8 4 !1 -1500 $ 1 2.1 -1500
Goss L" Area30 2,269 h 1,741 a +15,840 2,438 n -5 070 2,167 6 +3,060
student&Frembed iseTwitlaoslin 960afsoosfwu +7,300 1140af0sfin +8,600 005sf480efin +7,900
AMM Bewa Grade irrOter0.1tealo irrObr0.0ballo 0 0 trrObr0.0hato 0
FlAxtlabl WR Averse Avers • Avenge Avers e
Nmt GHWICA OFHAlCA 0 OFHAICA 0 EB8INOns +2 500
E Elfeiea Hems T [cal Ica! T Icai TVisticat
Gara dice 2 Car Game 1 Car Gara a 1 +6.000 2 Car Garage 2 Car Gera al
P"P" k Porch/Patiol PearchastFP +2000 Brick Patiff +2000 En yPatio/ +2000
3 We 0 0 FPIShed 0
NMA make da S
16,140 t 10 870 S 1,040
Arland sale Rae ",1 :-.�" Net A4. 7.4% Not Aft -4.5% Nm Atlt. -0.5%
dr Coln arables +w`- '` *+ GroYS 21.3% S 21331,14 40 13.1% 236 30 Gross . 149% L 213860
1 did Cod Mt rasearchthe saeavalsfa aboi differ started property and canparabk sees.IllbL eepbYl
researcM1 did dN lal rev¢ad SBkS abanskrsdiM Sab" la tlmllatt ors is kNe CeKih'e date dtlia8 asst.
Ddb S C'MshhoMaa words
resaarth tlid did ltd lHCBld Saksabalalprsdtlle cam able Sties la Ue kYmmedald ide ddfeC fdda 58b
Dda sexc s Courthouse,record
theresuesdth easemNaM dNe lei zakavasNa dime aN abksaks atllaionai 5aksm
ITEM SUBJECT COMPARABLE SALE NO.1 COMPARABLESALEN0.2 COMPARABLE SALE NO3
OmedPm SakRramise 0611412002 10/1]Y2003
Price d Prior Salatralsirr 0 t 173 000
Date St s Courthouse records Courthouse racoMS Courthouse records Gourthouse records
Ertxtise Dmad Dab s 4210112013 0216112413 0210!12813 02101/2013
An*molpwrs eavanslerhwo,yalftwbjectproWyawc=Wabksales NO further relent recorded transfam were found.
Summary dSsof OanpnsunApproadl. All com ,rattles am similar in utility and location to the subject roe are verified closed
safes and are the best current available. Limited sales of homes in subject's value rang,have recently occurred requiring
an expanded search.A condition ad ustment was taken for comparable sales#t 2 &3 with some remodetin u -datin
completed;ail had newer kitchensJa Ilances/fioorin s.Fourth sate added as additional data from the direct neighborhood,
Closing costs are deducted for the amount t exceed the listed price.
Atl usted range of value Is$206t000 to$235,000.
sebated Vakka,by Saks Canvassed Apphowh s 220,000
ar0cidedv»lwb SAo.Cd,,,erfa.rA1,1da 1rs220000 Costa oath irdavelo s 0 IhCOmeA roam Rdevalo ads 0
Market Analysis consistently supports my opinion of markei value.Cost Approach and GRAN ware found Inappmprilate,for this
analysis.Greatest weight Is applied to the Market Data Analysis.Supporting file Information substantiates these estimates.
rrT--h-�.ppaisal is mad@ ',sis; suLjactto cdmpeempa pblrs aMSpecilkadalsmNabasisdahypdMkd cdntlhidVNei taeelprbrenureshare been Campettd.
y_,lwtyetl lA
the Iollowirgrepairs w effeteness on Iles basis of a hymbeacal contend but me repairs or alleratbrls harre wen companies As ❑subject to the follovenl radians
iospecum based be dire exVaa aiyassalspias du the caCAion a ddverty does rote Wife Avatgn ampaa.
eased on¢complel8visual rnspecnon0l tha m[enor and aelarmr areas Or ibe sun,ect pmpeny,deri ned scope Or work,"atem@m of assum peons and Lm it
Ondl[ions.antlappreisH'sG @rtificallOn,my{OUt)Oplmvn Ot Ne markot veto @.astletined.of ther»atproperty thathtM195ubJ0[t Ot tM1is rep0¢si 220,000
1.s.f 0211312013 which rslhed teof ms cpon and the enemy@ dote onhisa r aisat.
rRaYCwCfpN}aNKa wD
m fie oaknkd HeLM wglR Veen Y9El5,RlrwateUV iar eekareoloA kith
"2d, di muoaaan
S.W.Barrett Real Este%&Appraisal Somices �/'� 3q)f
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Uniform Residential Appraisal Report Fast) 13-0031
AO utifites were on and functioning time of Ins OCUOn based on random testing and seasonal consideration.
There was no damage caused by the recent Hurricane Sandy.
COSTAPPROACHTOVALUEno uirede Fannie Mae.
Piaidea relaamatkn to dieleMalcliamror Ikae mehebx cosh aesaidcakdakia.
Suppm krttcapirimdsiarokm OummaTdcompaahb Wdsak!saaM mededs la astimaling 5nevaue) Site value From current assessment data and
recent focal tend salsa.
ESTIMATED REPROVUCTIQVOR REPIACEMENT COST NEW OPINION OF SITE VALUE........,. .._.... ........_... _... =3 80000
SoacedcoA daa
peeIsrq Sq Ft.0S .....=5
raa homcort savice Eaettire tlbkd<¢N dab S.Ftaaf ............. t
Comments on CON oeaA� area caku:aaaa, add'en.at.
Cost Approach from MarshalUSwift Valuation Service Ga"Ocaqw 54,Fs.wt . . .. =i
handbook and beat cost anatysioll was considered but TMIEs sNCICWWM .... .._.=t
deemed not credible due to the arre of the im ravements. Less 50 Pn icd FuicbcmI Euand
Site value from Market Data.Depreciation based on a e/life oa ecia"
observed condition and Market Data Analvals.Estimated DWKAW Cot d lm .,ft KS.... ................_. t
remaining Economk Life is 3580 Years. 'As'"'wolsOeImProneVAS...... .....................-S
Estimated Remahm Ecowo We HUDand VAOPAI 35 Years I WOICITEOVALUE BY COST APPROACH_... ......_...... S 0
lf4COtAEAPPROACHTOVALUE(MrequWodby FeMieMae
Esteemed MMhty Maker Real 0 %Grins Rea MuMi w 0 •t 0 Indinte"ak Incase oath
Summary of income Approach flaktdlg suppan fW make rea and GRAD
^ - PROJECTsWORMATtONFORPUOa H icabk
h VM dev rtuilderbcawadthe Flomeameat'RSSaatan HOAT Yes LJNO UM S Oaxhetl A¢aNed
Ronde IN fcaloaaM inlurmdmn is PUOs ONLY aiM devel0 ftP is incaardd thB HOA8w IM SLaaw iaaaaCaclMd writ
Leqa1naMeO(WeW
TaanumbMd Lases Taal numbs OWN% Toainum¢aotunitssdd
Toteimlmbaduabremed TobinumbaoW.Migesale Data sonic s
W25dte 2n IXeaa!d thedmvefaglidaneM¢ smroa PUp? LJYes I No ayes,daaarAmeRiOn.
Does Ne ,~aq eaAi-0IW1 udla? I Yet I JNo D-taswIc s
Are IN a ins coww ekmeas,and—eetim fadeas=Vleaf7 UYasLjM RNO.desaeedte staUSd cO�leUUn.
Are Um canmm dememsleased b a by IN Hom ws`ASsocistm? Yea 0 No It Yes,desulbe the aural lama and opus.
D¢SGlbecamtMndNYRntsandteUe84abttacaMces,
F�"Fmm MMxa HPa eAe Venn NNll eof`W UrgM W�a�EHn}ienreetmn Fs�s Wef�tW aua JnAll
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S.W.Barrett Real Estate 3 Appraisal Services
Uniform Residential Appraisal Report Fie fm +3.00311
This report form is designed to report an appraisal of a one-unit property or a one-unit property with an accessory unit;including a
unit in a planned unit development(PUD), This report form is not designed to report an appraisal of a manufactured home or a unit
In a condominium or cooperative project.
This appraisal report is subject to the following scope of work,intended use,intended user,definition of market value,statement of
assumptions and limiting conditions,and certifications. Modifications,additions,or deletions to the intended use,intended user,
definition of market value,or assumptions and limiting conditions are not permitted. The appraiser may expand the scope of work
to include any additional research or analysis necessary based on the complexity of this appraisal assignment. Modifications or
deletions to the certifications we also not permitted. However,additional certifications that do not constitute material alterations
to this appraisal report,such as those required by law or those related to the appraiser's confinuing education or membership in an
appraisal organization,are permitted,
SCOPE OF WORK: The scope of work for this appraisal is defined by the complexity of this appraisal assignment and the
reporting requirements of this appraisal report form,including the following definition of market value,statement of assumptions
and limiting conditions,and certifications. The appraiser must,at a minimum:(1)perform a complete visual inspection of the
interior and exterior areas of the subject property,(2)inspect the neighborhood,(3)inspect each of the comparable sales from at
least the street,(4)research,verity,and analyze data from reliable public and/or private sources,and(5)report his or her analysis,
opinions,and conclusions in this appraisal report.
INTENDED USE: The intended use of this appraisal report is for the lenderichent to evaluate the property that is the subject of
this appraisal for a mortgage finance transaction.
INTENDED USER: The Intended user of this appraisal report is the lenderlclient
DEFINITION OF MARKET VALUE: The most probable price which a property should bring in a congletttive 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 definitrat is the consummation of a sate as of a specified date and tie passing of
title from seller to buyer under conditions whereby:(1)buyer and seller are typically motivated;(2)both parties are well informed
or"it 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 comparabies must be made for special a creative financing or sales concessions No adjustments are
necessary for those costs which are normally paid by sellers as a result of tradition or law in a market area;these costs are readily
identifiable since the seller pays these costs in virtually all sales transactions. Special or creative financing adjustments can be
made to the comparable property by comparisons to Imancing.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 appraisers judgment.
STATEMENT OF ASSUMPTIONS AND LIMITING CONDITIONS: The appraisers certification in this report is subject to the
following assumptions and limiting conditions:
t. The appraiser will not be responsible for matters of a legal nature that affect either the property being appraised or the Utle
to it,except for Information that he or she became aware of owing the research involved in performing this appraisal. The
appraiser assumes that the title is good and marketable and will not render any opinions about the title.
2. The appraiser has provided a sketch in this appraisal report to show the approximate dimensions of the improvements. The
sketch is included only to assist the reader in visualizing the property and understanding the appraiser's determination of its size.
3. 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 this appraisal report whether any portion of the subject site is located in an identified Special
Flood Hazard Area. Because the appraiser is not a surveyor,he or she makes no guarantees,express or implied,regarding this
datenninatiom
4. The appraiser will not give lestmony or appear in court because he or she made an appraisal of the property in question,
unless specific arrangements to do so have been made beforehand,or as otherwise required by law.
5. The appraiser has noted in this appraisal report any adverse conditions(such as needed repairs,deterioration,the presence of
hazardous wastes,toxic substances,etc.)observed during the inspection of the subject property or that he or she baceme aware of
during the research involved in performing this appraisal, Unless otherwise stated in this appraisal report the appraiser has no
knowledge of any hidden or unapparent physical deficiencies or adverse conditions of the property(such as,but not limited to,
needed repairs,deterioration,the presence of hazardous wastes,toxic substances,adverse environmental conditions,etc.)that
would make the property less valuable,and has assumed that theta are no such conditions and makes no guarantees or
warranties,express or implied, The appraiser will not be responsible for any such conditions that do exist or for any engineering or
testing that might be required to discover whether such conditions exist Because the appraiser is not an expert in the field of
environmental hazards,this appraisal report must not be considered as an environmental assessment of the property.
8. The appraiser has based his or her appraisal report and valuation conclusion for an appraisal that is subject to satisfactory
completion,repairs,or alterations on the assumption that the completion,repairs,or alterations of the subject property will be
performed in a professional manner.
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Uniform Residential Appraisal Report NO NO 134031
APPRAISER'S CERTIFICATION: The Appraiser certifies and agrees that:
1, I have,at a minimum,developed and reported this appraisal in accordance with the scope of work requirements slated in this
appraisal report
2. 1 performed a complete visual inspection of the interior and exterior areas of the subject property,I reported the condition of
the improvements in factual,specific terms.I identified and reported the physical deficiencies that could affect the livability,
soundness,or structural integrity of the property.
1 1 performed this appraisal in accordance with the requirements of the Uniform Standards of Professional Appraisal Practice
that were adopted and promulgated by the Appraisal Standards Board of The Appraisal Foundation and that were in place at the
time this appraisal report was prepared.
4. 1 developed my opinion of the market value of the real property that is the subject of this report based on the sales comparison
approach to value. I have adequate comparable market data to develop a reliable sales comparison approach for this appraisal
assignment. I further canny that I considered the cost and income approaches to value but did not develop them,unless otherwise
indicated in this report.
S. 1 researched,verified,analyzed,and reponed on any current agreement for safe for the subject property,any offering for sale
of the subject property in the twelve months prior to the effective date of this appraisal,and the prix sales of the subject property
for a minimum of three years prior to the effective date of this appraisal,unless otherwise indicated in this report.
S. f researched,verified,analyzed,and reported on the prior sales of the comparable sales for a minimum of one year prior to the
date of sale of the comparable sale,unless otherwise indicated in this report.
7, 1 selected and used comparable sales that are to lionalty,physically,and functionary the most similar to the subject property.
S. I have not used comparable sales that were the result of combining a land sale with the contract purchase price of a home
that has been built or will be built on the land.
9. 1 have reported adjustments to the comparable sales that reffect the markers reaction to the differences between the subject
property and the comparable sales.
10. 1 verified,from a disinterested source,all information in this report that was provided by parties who have a financial interest in
the sale or financing of the subject property.
11. 1 have knowledge and experience in appraising this type of property in this market area.
12r i am aware of,and have access to,the necessary and appropriate public and private data sources,such as multiple listing
services,in assessment records,public land records and other such data sources for the area in which the property is located.
11 1 obtained the information,estimates,and opinions furnished by other parties and expressed in this appraiser report from
reliable sources that i believe to be true and correct.
14. 1 have taken into consii0eration the factors that have an Impact on value with respect to the subject neighborhood,subject
property,and the proximity of the subject property to adverse influences in the development of my opinion of market value. I have
noted in this appraisal report any adverse conditions(such as,but not limited to,needed repairs,deterioration,the presence of
hazardous wastes,toxic substances,adverse environmental conditions,etc.)observed during the inspection of the subject property
or that I became aware of during the research involved in performing this appraisal. I have considered these adverse conditions in
my analysis of the property value,and have reported on the effect of the conditions on the value and marketability of the subject
property
1 S. f have not knowingly withheld any significant information from this appraisal report and,to the best of my knowledge,as
statements and inforrrlaton in this appraisal report are true and correct.
10. 1 stated in this appraisal report my own personal,unbiased.and professional analysis,opinions,and conclusions,which are
subject only to the assumptions and fronting ng conditions in this appraisal report.
11. I have no present or prospective interest in the property that is the subject of this report,and I have no present or prospective
personal interest or bias with respect to the participants in the transaction. I did not base,eit i r partially or completely,my
analysis and/or opinion of market value in this appraisal report on the race,color,religion,sex,age,mortal status,handicap,
familial status,or national origin of either the prospective owners or occupants of the subject property or of the present owners or
occupants of the properties in the vicinity of the subject property or on any other basis prohibited by law.
19, My employment and/or compensation for performing this appraisal or any future or anticipated appraisals was not conditioned
on any agreement or understanding,written or otherwise,that f would report(or present analysis supporting)a predetermined
specific value,a predetermined minimum value,a range or direction in value,a value that favors the cause of any party,or the
attainment of a specific result or occurrence of a specific subsequent event(audit as approval of a pending mortgage loan
application).
19, 1 personally prepared all conclusions and opinions about the real estate that were set font in this appraisal report. if f relied on
significant real property appraisal assistance from any individual or individuals in the performance of this appraisal or the
preparation of this appraisal report,I have named such iri ividuaiis)and disposed the specific tasks performed in this appraisal
report. I certify that any individual So named is qualified to perform the tasks. 1 have not authorized anyone to make a change to
any ftem in this appraisal report;therefore,any change made to this appraisal is unauthorized and I will take no responsibility for it.
20. 1 identified the iender/cbent in this appraisal report who is the individual,organization,or agent for the organization that ordered
and will receive this appraisal report
21. The lenderlciient may disclose or distribute this appraisal report o.the borrower;another tender at the request of the borrower,
the mortgagee or its successors and assigns;mortgage insurers;government sponsored enterprises;other secondary market
participants;data collection or reporting services;professional appraisal organizations;any department,agency,or instrumentality
of the United States:and any state,the District of Columbia,or other jurisdictions;without having to obtain the appraiser's or
supervisory appraiser's(it applicable)consent. Such consent must be obtained before this appraisal report may be disclosed or
distributed to any other party(including,but not limited o,the public through advertising,public relations,news,sales,or other
media).
FMSe Mitipm pµyNjv'6 tlAp VnLLnyAll NNnauvgMrl�eAP3M11}]�raap¢n fa,.wrram 1pN Mb{T A]S
P45d0 WY.,PiuO WaID+
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Uniform Residential Appraisal Report mark,. 1340031
22. 1 am aware that any disclosure or distribution of this appraisal report by me or the lender/client may be subject to certain laws
and regulations. Further,I am also subject to the provisions of the Uniform Standards of Professional Appraisal Practice that
pertain to disclosure or distribution by me.
23. The borrower,another lender at the request of the borrower,the mortgagee or its successors and assigns,mortgage insurers,
government sponsored enterprises,and other secondary market paNcipants may rely on this appraisal report as part of any
mortgage finance transaction that involves any one or=to of these parties.
24. If this appraisal report was transmitted as an'electronic record'containing my"electronic signature;as those terms are
defined in applicable federal and/or state laws(excluding audio and video recordings),or a facsimile transmission of this appraisal
report containing a copy or representation of my signature,the appraisal report shall be as effective,enforceable and valid as if a
paper version of this appraisal report were delivered containing my original hand written signature.
25. Any Intentional or negligent misrepresentaUon(s)contained in this appraisal report may result in civil liability andfor criminal
penalties including,but not limited to,fine or imprisonment or both under the provisions of Title 10,United States Code,Section
I Doi at seq.,or similar state lava.
SUPERVISORY APPRAISER'S CERTIFICATION: The Supervisory Appraiser certifies and agrees that:
1. I directly supervised the appraiser for this appraisal assignment,have read the appraisal report,and agree with the appraiser's
analysis,opinions,statements,conclusions,and the appraisers eertftwo n.
2. 1 accept full responsibility for the contents of this appraisal report including,but not limited to,the appraiser's analysis,
opinions,statements,conclusions,and the appraisers certification.
3. The appraiser identified in this appraisal report Is either a sub-contractor or an employee of the supervisory appraiser(o the
appraisal firm),Is qualified to perform this appraisal,and is acceptable to perform this appraisal under the applicable state law.
4. This appraisal report complies with the Uniform Standards of Professional Appraisal Practice that were adopted and
promulgated by the Appraisal Standards Board of The Appraisal Foundation and that were in place at the lima this appraisal
report was prepared,
5, If this appraisal report was transmitted as an'electronic record'containing my'electronic signature;as those terms are
defined in applicable federal andla state laws(excluding audio and video recordings),or a facsimile transmission of this appraisal
report containing a copy or representation of my signature,the appraisal report shall be as effective.enforceabk and valid as if a
paper version of this appraisal report were delivered containing my original hand written signature.
APPRAISER n SUPERVISORY APPRAISER(ONLY IF REQUIRED)
Signature Signature
Name Cassandra J.CrocfAd Name
Company Name S.W.Barrett Real Estate&Appraisal Svcs Company Name
Company Address 805 South Hanover Street Company Address
Carlisle PA 17013
Telephone Number 717-2438648 Telephone Number
Email Address sandiftewbarretLcom Email Address
Date of Signature and Report 07J21/20113 Date of Signature
Effective Date of Appraiser 0 211 31201 3 State Certification#
State Certification#RL0013481- a State License#
or State License# State
or Other(describe) State# Expiration Date of Certification or License
State PA
Expiration Date of Certification or License 0613012013
PA Certified Residential Real Estate Appraiser
ADDRESS OF PROPERTY APPRAISED SUBJECT PROPERTY
544 Wilson Street ❑Did not inspect subject property
Carlisle PA 17011 ❑Did inspect exterior of suoiect property from$"at
Date of Inspection
APPRAISED VALUE OF SUBJECT PROPERTY$220.000 d Did inspect interior and exterior of subject property
Date of Inspection
LENDER/CLIENT
Name No AMC COMPARABLE SALES
Company Name F&M Trust Company 0 Did not inspect exterior of comparable sales from street
Company Address P.O.Box 8010 ❑Did inspect exterior of comparable sales from street
Chambersburg,PA 17201 Date of Inspection
Email Address
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Uniform Residential Appraisal Report Fire 10031
FEATURE SUBJECT COMPARABLE SALE NO.! COMPARABLE SALE NO 5 COMPARABLE SALE N0.5
644 Wilson Street 623 Devonshire Drive
Mom Carlisle PA 17013 Carlisle PA 17013
Praaim Io suo'an 0.16 miles S
Sak Rle 1 - 2 195 000 S i
Sal PrmCaastW Axa 5 0.00 .a. S 61.66 ft S 5 R.
Data Swrce S CPMI.#10226318•DOM 56
Varifcmin Sawc el$T Courthouse Records
VALUE ADJUSTMENTS DESCRIPTION DESCRIPTION •4s DESCRIPTION .laa DESCRIPTION
SakwFinarcirg .. Armtth
Canwssiaa ""+
V A'6000 0
Dam of Sale/rime at 112•e09112
Laaom N;Res' MRes-
LeasehwwFee Sim Fee simple Fee Simple
Sae 24829 at 14810 at 0
vlw NRes' MRas-
Desi s le
Cape Cod Traditional 0
QualKY01C.MMIM 04 04
AMMAq, 50 46 0
Cwsktim C4 C4
Above Grade rww eam. sew rw em row mm. sass sow Bann eam
Room Caw 8 1 2.0 9 1 4 1 1.2 0
Cm's " hm30 2 269 s4 A 2,391 sq,R. -3,660 Sq h a.
saseme"10kisw '1667ff11a0sffn 808510811n +10,000
Roomz Bekw Gram lrr9 yll,lbato 0
Fwwioml Udl' Averse Avenue
NeaB mii GNW/CA EBB/None .2600
two Mere nmu TyDical Tvalcal,
2 Car Games 2Car Garage
PwWPewGKk I Porch/Padoi Porch/Patlo/Fle .2000
3 FP's p
NarA a i 10.840 t S
AtlWsted Sak Prim Nm Adj. 5.6% Net Aa. % Nee Adl. %
a1 Cwn wades Gans 9.3% 2 205.840 Goss . % s Cans . % s
ITEM SUBJECT COMPARABLE SALE NO! 1 COMPARABLE SALE NO 5 COMPARABLE SALE NO..6
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Dawsou s
Courthouse orris Courthouse records
Iknive Dalad Daw SO.Aces 02/01/2013 1 02/0112013
Sumwryd Sales Campansasapproaca Fourth Sala added as additional data from the direct nei hblorhood.
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Uniform Appraisal Dataset Definitions cereal 13-0031
Condition Ratings and Definitions
C a The improvements have beenvery recently concocted and have not previously been occupied.The entire Sauciure and all components are new and the dwelling features no
physkaldepreciallon.'
'Note:Newly constructed improvements Ihat yedlare recycled materials anma components can be Considered new dwellings provided(hat the dwelling 1s placed on a 100%new
fwmda(mn and the recycled materuh slid themricled componeMS have beat 7MdYifatedhtmar!utacGUedudo like newcaMNart Recmttycomtructedvprwem $flat haw
not men previouslynrcupred are net considered'new'It they have any significant physical depreciation(i.e.,newly constructed dwellings that have been vacant for an extended
period of am wlflba adequate maintenance a upkeepl..
C2 The Improvements laaWe no deferred maintenance,little a no physical depreciation,and require no repairs Virtually all building components are new Or have been factory
lepaued,refinished.Or reha011ilaled All Canceled Components and fmishers have been updated Wage replaced ash Comparre%s that matt cunem stand inK,Dwellings In this category
eifhar are almost news nova been recently canpklely,rebounded antl are samlar in condition d new COMbuction.
C3 The agememems we wait maintained and regular limited physkm deprecation ea to=feel wear war tear.Sane carapace tort nus even major sai ing tampaNm,may
be updated a recently rehabitwled.The structure has bon well maintained.
C4 The mlprmemaes feature some mina difemod maimenarne are physical dmaktalan ere to normal wag,and fear.The amt has been adequately mandakced and requires
only minimal repairs 10 building compr nentslmKhan cal systems and osmic fepard At martin building components have been adequately maintained and are functionally,adequate.
CS The kWmeMts inure Ubvblrs deferred manwma add me in raged M stater significant masks.Sane bu'w&'hg cmm(wnents need repairs-fehabiidation,of updaikrg.The
functional utility and overall g ily Is somewhat dingaged data to condition,but the dwelling remains useaale antl fundunal as a residew.
CS The imprmaments have,stmaamaf damager adefferred meirde me wiAdOcienciesa wains that are stye me*to affect tsa safety,soundness.of structural integrity
of the anprommena,The improvements are in need of Substantial repairs and rehabilkalan,including many or most major compmm.
Quality Ratings and Definitions
at Dwcdings wan the gutty rating are usually unique S"Wers that ore WwidL"des"by an arthfuld fa a SpeClfmd usmr.Suchrasidentes typically are confuted from
Crudetl anthi t"plans and sprciketions and aaaure an excepiwally ngh roof of wokmenship and exceptionally hghgrade materials throughout the imaia and exterior of the
mature.The design features exceptionally highyualhy exterior refilrements and anameniow.and exceptionally,hgltqualny imaia retirement&The workmanship,material&and
wastes lkwglWN ON mveafgare a"redheads no can xi
02 Dwellings with this quality ruling are often tuslan designed la COnsVLClpa on an individual prop"Omefs go.Havana,dwelflflgs N this quality grade are also falndN
high quality pact developments featuring residences tonannmed Nan adNi tual From a ham ill"modlfmd of upgraded plans.The design iemaes detailed,high juaidy extoller
anamentaWn.hwnthri lay interior refinements,and delay.The workmanship,mdleraa.and finishes throughout the dwelling are generally of high or nay high quality.
Q3 D.vetMgs will this quality rating me moor tlences of higher quafny built from inguaual a readily available desgner M abmeatandard residential tact developments a an
an individual popety,owners She.The design ialuded significant exterior ornamentation and Imerion[hat are well finished.The workmanship exceeds accepaba standards and
may mateshor and highest INMVW Um maxitvg have bean maysitled nom%xick'standards.
Q4 Dealings aim this quality rating meet a exceed lW requeemant5 of applicable Wilding codes.Standard a moused standard building pans are Cuban and the design Whides
adequate fenestrate antl some exterior anamematiw and am"termemems.Ma%iais.w%kmansbp,flesh,am equipment are of since in briber grade and may lealud same
upgrades.
Cis Dwellings with this gtafnyrwng featre"Orromy of ton"Jew aid bask flNl mafky as main cm4uatim,Such dwellings fealae a pain design using featly available&
bass tea plans meeting mmnldl ICne5balear Val bask Netter with minimal extant,elimenlaan and limited imalIX detail.Rome dwellings Mel minimum WIIding codes and are
Cautioned wdis turnaround,Nick maleraK with fmu idifimenmms and upgatles.
Qe Daellings wM the quality rating are of bask lobby and Iowa cost some may net be suitable la year-round occupaMy.Such dwellings are often WIN wan simpe pins a
w4mut plans,des.uli the threat quality budding mate,Such dwellings we Often tend a expanded by pe who are p.f arson ally wider end a possess only Miami
construction skills.Eldculcal,plumbing,and other mechanical systems and equipment may be minimal of non-exii older dwellings may feature one Of mom substandard or
noncwwwn }region to this original sWcwt.
Definitions of Not Updated,Updated,and Remodeled
Not Updated
Lithe or no updating or modanizae0n.This description includes,but is not limited t.,new homes.
Residenral popenies of fifteen yews of age a less often reflect an aigmal cordhan wish no updating,U no major compo S have been replaced or upsmed.Those over fifteen
yews of age are also coesidefed not updated if IN appliances,fixtures,aid finishes are predominantly dated.An area dal ls'Nor Updated'may Still be well maintained and fully
IuOCIIOnaI,and this rating does Ilan necessarily Impfy deferred material re physical IIuMU(Mdl delenIXdlion.
Updated
The area of the home has been nrodiiedtomeetourrent mwketeignotanor,These modifications are rmRet w terms.!both scopea�ensl
An updated atria co d@ hone uwud have an improved bole ON Full 7 fichnio al older.Changes Mat Canagiv a uplands include refurbishment error%replaced Components to meet
existing market expeC1a11ons.Updates do not include significant alterations 10 the existing Saudi
Remodeled
Sgrnhcantflnish antral structural changes have been made that Increasemilityand appeal Ihmugh Complete replacement androrexpansion.
A rematlead new reflects houNmemai charges that moan mori allegations.These shorthand may inctutla same a ad of the fingiv :repacemem of a major component
(cabinel(s),bathtub,or bathroom tire),relocation of pklmbinglgas hxlureslappiances.significant structural alterations(relocating walls,and/or the addlion of square footage).
This wad ircndea complete gulling W reWib.
Explanation of Bathroom Count
The combat of fug and hall baths is negated by separating them values by a period.The full bath is represented to the)eh of The Owner The hall gain Count is represented to the
rgnl UI the paau. Three quaver baths are to W COunled as a full balk in all Cases.Quarter balls lbalhs that feature only letter)are not to be included in the Wth/o0m Count.
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Uniform Appraisal Dataset Definitions FvrNo 13-0031
Abbreviations Used In Data Standardization Text
Abbrev. Full Name Appropriate Fields Abbrev, Full Name Appropriate Fields
ac Acres Area,Silo Mm Mouna I View View
AQ1k Adjacento Park Location N Neutral Location&Vona
APPW AtIoCcent to Fusion Lutes Lomas) NWArm Non.Atms length Sale Safe or Former Concessions
A Adverse Location&Vim BsyRd Busy Road Location
AnMUh AMS Length Sale Sale or Financing Concessions o Other Basement&Finished ROOms Beim Grade
b$ BaINWm(sl Basement&Finished ROODS Below Grade Prk Park View View
Or Bedreem Baseness Finished Rooms Btlrra Grade Fold PasexalVRw View
a Borchers Location&View prate Power Lines View
Cash Cash Sale or Financing Concessions pastas Puslic Transportation Localbn
coky City View Skyline View View n Recessional(Rec)ROOM Basemen&Finished Roare Below Grade
CtySU Cry Susan view Vew Rob R¢brstims sale Safe Or FinanpngConcesslon;
Comm Connector influence Location REO RED Salo Saks Finn"Concession
c Contacted Date Data of Saemrne Res Residential Localy n&View
Com Conventional Sale or Finari Concessions RH USDA-Real Housing Sale in Financing Concessions
Cread Can Ordered sale Sale Or Financing Concessions s Somemern Date Dale of$aleRmw
DOM Days On Market Darn Sources Seen SMn Sock So*or FinamingConcessons
a Ezpratioa Date omol SaWm M Square Feet Area,Silo.Basemen
Estate Estate Sale Sale or Financing Concessions sqm Square Meters Area,Site,Basemen
FHA Federal Housing Aulhmity Sale or Financing Concessions Unk Unknown Daleof SalalTme
GIICSO Gml Course Location VA Veterans Adminsualkn Sale or Finarcus;Concessions
GRAM, God Course Vim Yew w Wianrawn Data Date at Saafane
Intl inmbtlal tacauon&Vew we Walk Om Basement Basemen&Finished ROOM Bebw,Grade
in Interim Only Stairs Basemen&Finished ROOM Below Grade wu Walk Up Basemen Basemen&Finished Rooms Below Grade
Loch Landfill Location WpFr Water Frontage Location
LWSgN Limited Sight VIM Wt Water View View
Listing; Ledi Sale Or Fkgncing Cocessiwr5 Woods WWds Vim Yew
Other Appralser•DeSned Abbreviations
Abbrev, Full Name AppropriateFieids Abbrev. Fuli Name Appropriate Fields
um v�onwmu r+m.n�w�ru Own oarn'oa`�m" oa.mwuaomt
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ADDENDUM
Benaseo Jean M Zeioler a Brenda Z Oav'daan F N 13-0031
PropeM Address S,l W Ison SVeet Ca.N
Oy. Carlisle State. PA
Z' fl013
Lentler F a M Trual Company
Neighborhood Market Conditions —
Property values are currently stable In the subject property's market area.Local multi-list data Indicates an average
marketing time of 90-180 days.Lending rates have remained favorable,although sales concessions are occuring
more frequently.There are new homes under construction In surrounding developments,as well as re-males
available in the neighborhood.
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Market Conditions Addendum to the Appraisal Report flutes, 13-0034
Tice pr�NUns adderdamhm pailstheamkrkuemwaaa deaaroaavaau:aananWgdaw marks sewn andcmaedm pwakmm as wMect r�gmurhood idsisarepared
a mla dla isalre wiN neilecdua Hale aflaA iii 2069
Pro Address 544 Wilson Street City Carlisle Sine PA r coat 17013
Bmvwa Jean M Zeigler 3 Erfurt Davidson
hatructicil Tha eppave nest USeilre irdamniaraephtd mid�tam asitwhds's lattis♦Aertadusrom.aM nktstpm Oe snppnfatlrosecancpukars.rnjar ng 8aamg+tertlsarm
waatlmakwcmertima aenewb d sere neighborhood sedmra gift appaea spat tarts The appraiser rmai(di'us as deidamationiotMezanaaisawaikdeand reliadennd mlm pwnk
analysis as Indicated below.If any required data is YnaVarable a is considered unreliable,the appraiser must provide an explanation.II is recognizes that not all data smrtes will be aloe to
poNM bits,la its shaded areas below;it Is aladuble,howeYer,Illt apnfalser inew incule n1e data In the ana lyslS II data sources proolde the required Inlorma11a1 as an average Instead of the
nwsan,IM eppaisa shaNrepon the avaiWhkpgae andWeraily Rasan"op.Saksandarrirgsmusl be pvpatssew[orreetewghdw wbjettpropary dnema,ed by applyingU+eadaia
Wu on!be under a mqdpderWis boo of resucea am s.T an z in a. t
InvatriticiryArraysim, aaT-i2 Mp»hs Poo 46 Mgdrt Cmem-SMOmhs OvereeUend
TWIT of Comparable Saks lSeNel) 3 1 0 loomai x Stable Denhooft
Absorption Rare(TgWI Salsolaondito 0.511 0.33 0.0 IWeal X Stabs Decor
Teal ad Cormorants Anne troll 1 2 4 as slabs O
Ma#a of meant Su (roat Ushrophot.Rated 2.00 0.00 Stable It I axr
Median Safe&List Price.DDM,SalalLtst% Pna7-12mwbs Pda+e Magus Carers-tMPMIS Daerall Trend
Median Cooperate Sale Prim 217,000 195 000 0 locrearshed X Slade Declini
Medan Centuries Sales a son Marcel is 58 0 olicanong X Shade boureasi
armilaxeCormalmadeLaxlence 22t,1150 '24 0 Up crdi' MSIMble
license
McSanC t.- ' Oe an Matk84 5 - 0 hw
Module Sale Price es%of List Price 98.44 88. 8 0.00' Iroeesi Dedini
x1alassbtarce eralenrl Yes rb tlecll Increasing
Explain Indemithe Belleca miomnerd5 lathepast trienniums tl seta caNideions inpeasedlmm 1%w5%,inaeassguaed drydowns,dmingtosu.cmdosas,oplbm,etc).
Closing coats are m ousted more ft uen in the slower heoplant market
Are dxecbwesNes{REOSaies}aixmmamaakdP Yes Was Wyss.nrpiain(eckduguavagh inasagsextsaiesdkrttmsW pmpatiest.
Ca¢daa scares ra above vaamatiat Central Penn Multi-List and County Courthouse Records
Summ ice Imabore mlamnion ass-dow N yea coolumns s9e aeggnb0mi Saciion Ol the appasarepm tam.H your used any aaeisnn miamagan,such as an erthaisb
pelaaf Shcas anNIX C%pined Bltl NaMOwntis2ia}s,iAfangkleyW[aKFlSiala.pwidebaM1an tl%pera4a18M Stgpatkryar CAllCklsgns.
The market research analysis involved the review of comparable sales in the subject net hbomoced over the past 12 months.
The current market trends are stable with affordable lending rates continuing to be available.There were limited recent sales
In the sub eet's direct neighborhood.
#taewb" isaunit inacaMOminiumat alive .t ktq MC rabwi Rcucct all
Su' Pro oaa Rla i-ti Madm Pont-a Mpafa Careen-1101emhs owrell Tmel
Total l of Cofterables Sell(Sedled) j mean Shade Decllti ng
Absor on al(Tatal SelrvNaaNS) Itareasi Stable D un
Taaw dACdva amble Listl SUNe
MmYMdi ant' Ab.Rare) shads, tar
Neloreclosaeseke tREU wks)e(xta stlrepoea'a Yes UND gym iMd[tlenmbeol RE0liVirgsandexplao"uetdsinlistngsawsaksollaedmedpomn ,
surumorsL'mabwa(rands NtlaQaESSdha impnaaniifC St et admH pfy@p
APPRAISER SUPERVISORY APPRAISER(ONLY IF REQUIRED)
Signature�,�ff �� Signature
Name Cassandra J.Crop Name
Company Name S.W.Barrett Real Estate 3 Appraisal Svcs Company Name
Company Address 505 South Hanover Street, Company Address
Carlisle PA 17013
State LiCenselCerhfiCatipn#RL001348L State PA State Luc anse/Certiflcation# State
Email Address sandliSawbarrettcom Email Address
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SUBJECT PROPERTY PHOTO ADDENDUM
Borrower:Jean M Zeigler&Brenda Z Davidson File No.: 13-0031
Pro0efN Address:544 Wilson Street Case No'
City: Carlisle State'PA Zip. 17013
Lender:F d M Trust Company
FRONTVIEWOF
SUBJECTPROPERTY
Ik. '
Appraised Date:February 13,2013
Appraised Value:$220,000
REARVIEWOF
S BJ ECT PRO PE RTY
7
STREETSCENE
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INTERIOR PHOTOS
Borrower.Jean M Zeigler 3 Brenda Z Davidson File No: 13.0031
P1700eny Address:540 Wilson Street Case No
CAy:Carlisle state:PA Zip:17013
Lender:F S M Trust Company
Kitchen
Comment:
from family room
P I
Living Area
Description:
Kitchen
Comment:
.All ,. .I 2nd view
Bathroom
Description:
n full bathroom
Comment:
first floor
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BATHROOM PHOTOS
Borrower:Jean M Zalpler 8 Brenda Z Davidson File No.: 13-0031
PropenV Adtlress:544 Wlison Street Case No.:
CifV:Cadlab State: PA Zip:17013
Lender.F d M Trust Company
Living room
Comment;
r`.
r
Comment:
2nd view,to toyer
Dining room
Comment:
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INTERIOR PHOTOS
Borrower:Jean M Zeluler 6 Brenda Z Davidson File No.: 13-0031
Pro0ertV Address:5"Wilson Street Case No.:
CPI:Carlisle Slate:PA Zip: 17013
Lender:F 6 M Trust Company
77 Faml Room
I
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:rc -. Full Bathroom
i,
Comment:
2nd floor
f
4 f.
Hall Bath
Comment:
{ _ *k finished lower level
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COMPARABLE PROPERTY PHOTO ..
Borrower:Jean MZolqlor&BrendmZ Davidson FiIeNo.: 13-0031
Property Address:544 Wilson Street Case No.:
City.Cadisle State:PA Zip:17013
380 Wilson Street
Carlisle,PA 17013
Sale Date;s04112;c03112
Sate Price:$217,000
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Com #1
COMPARABLE SALE 02
624 Betwod*m Street
Carlisle.PA 17013
Sale Date:still/I 2;c061112
Sale Price:S 246.000
COMPARABLE SALE#3
1008 Acro Drive
Carlisle.PA 17013
Sale�n
CT.
Date:
Sale Price:S 214,900
e• m #3
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COMPARABLE PROPERTY PHOTO ADDENDUM
Borrower: Jean M Zeigler&Brenda Z Davidson File No.: 13-0031
ProDetty Address:544 Wilson Street Case No.:
City:Cartels Slate: PA Zip:17013
Lender F 6 M Trust Company
COMPARABLE SALE#4
U�
S
623 Devonshire Drive
t ( P ,wl e � w rrn
y,4 r �•" -� � r ar' r Cartels,PA 17013
Sale Date:s11112;C09P12
n- u;<• " Sale Price:t 195,000
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COMPARABLE SALE#5
Sale Date:
Sale Price:S
COMPARABLE SALE#6
Sale Date:
Sale Price:S
`� °� 34)
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Borrower•Jean M Zeloler b Brenda Z Davidson File No' 13-0031
Property Address Ss4 wilaon Street Case No.:
City'Carlisle Slate' PA Zip' 17013
Lender:F&M Twat Company
a
1
d Lower level fatuity room
with additional fireplace
2nd view
L
rec room
nm.mwp�oe�..mzunn...m0 rm imw,o
it 1 Davidson 1
Property A11
City: Carlisle State: PA Zip: 17 13
left with garage
right
rear patio
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LOCATION MAP
Borrower Jean M Zeigler 6 Brenda Z Davidson File No.: i3-0031
Property Address:644 Wilson Street Case N6.:
City:Carlisle Slate: PA Zip:17013
Lender:F b M Trust Com an
" a W South St
O W9nn 1n —01
n V
_ wh\te guch 1.n y c N
N of t _° Walnut St
Comparable Sale 1
oay`"'w _ i 'I 380 Wilson St
' i! Carlisle,PA 17013 jW-
- (0.09 miles N)
Subject
Noble 544 Wilson St
Blvd o Carlisle,PA 17013
- N 3 = A Wiwing Ln
L 2
t 13 I Qa
• Comparable Sale
623 Devonshire Dr 1
1pro'p°a 3 - Carlisle,PA 17013 .���� Ttwr wald Pare : rn
10.15 miles S) V
or iz
3
0
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Carlisle,PA 17013
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Borrower:Jean M Zeigler&Brenda Z Davidson File No: 13-0031
Property Address:544 Wilson Street Case No
City:Carlisle Slate'PA Zio, 17013
Lender:F&M Tnrst Company
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Flood Information
Flood Map Legend Commpnity:425382-CARLISLE,BOROUGH OF
Flood Zones Property Is not In a FEMA special flood hazard area.
Petted Ytaidi d by 4ePye.dwdlrp Prop"is Within 250 feet of a FEMA special flood hazard area.
Men teahl U IM td aM 60o"N deeeptwia Map Number:42041CO229E Map Dale:03116!2009
Panel:0229E FIPS'.42041
wen tN.d..d y ftwye.naoerlp Zone:%
. NOMhatetdeted Or 14o"er remittal yAln..lpcy n.e.d
Fbadw.y um SOON Taaa aMm Flund Naetl,d CNIn'.elian IT FItC I eta AC I mate any
' Flse?e.y..n wM aglcay hemd representalloas a wwraNlas b.y party coaramtna the convent,accuracy at
wmpletaneae at Ih.nand report mW dina any wam.nty of m.ran.ntebillry w
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Men tell Opgd en.y Kit WFIRM thla flood ripen
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S.W.Barrett Real Estate&Appraisal Services
Fiie No.13-0031
""""'INVOICE""""'
File Number:13-0011 02/2112011
No AMC
F&M Trust Company
P.O.Box 6010
Chambersburg,PA 17201
Borrower: Jean M Zeigler d Brenda Z Davidson
Invoice/: 13-0031
Order Date: 02/0112013
ReferencelCase N
PO Number:
544 Wilson Street
Carlisle,PA 17011
Appraisal Services f 375.00
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..............
Invoke Total $ 375.00
Slate Sales Tax 0 $ 0.00
Deposit (S )
Deposit (S )
Amount Due S 375.00
Terms: Payable Upon Receipt-Please,reference the file number
Please Make Check Payable To:
S.W.Barrett Real Estate&Appraisal Services
505 South Hanover Street
Carlisle,PA 17013
Fed.I.D.0: 236646-604
YOUR SINGLE SOURCE...Professional,Efficient Service
THANK YOU
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He No 13-0031
""'QUALIFICATIONS""""'
The following checked items are specifics pecial conditions that were Identified by this appraiser during the
Inspection of the subject property,the comparables sales,and their neighborhoods and locations. Unless otherwise
noted,the conditions that apply to the subject property or the comparable sales used DO NOT AFFECT THE MARKET
VALUE OR THE FUTURE MARKETABILITY OF THE SUBJECT PROPERTY BEING APPRAISED. This is not a home
Inspection service. This Is an appraisal to estimate market value.
_1. The subject Is located In a rural area and Is less than 25%bulb-up.
_x_2. Commercla8lndustrlal uses are located within the subject's neighborhood. These uses are typical of similar
neighborhoods.
_7. Vacant and undeveloped land uses are located within the subject's neighborhood. These uses are typical for
the area.
_4. The predominant value in the neighborhood Is less than that of the market value of the subject property. This
Is due to the very wide range of value of properties In the area and superior quality of the subject property.
_5. The subject property Is located In a F.E.M.A.Identified Flood Zone. Flood Insurance coverage Is required and,
suggested.
_B. Dampness Is noted in the basement of the subject. Standing or running water was not present on basement
floor. This condition is considered typical In dwellings of this style.
_7. The subject property Is serviced by private well and/or septic systems which Is common for the area.
z_8. The subject is older than five(5)years. All mechanical systems Including the heating,electrical and plumbing
systems appear upon a visual exterior Inspection to be In working order. No warranties are implied In this statement
_x_9. Repair Items were noted In the comments section of the report. These comments on repair Items are for
descriptive purposes only and are not requlred repairs. The hems listed are cosmetic In nature.
_10. The basement floor Is a dirt floor. This condition Is common and typical for the area.and does not pose a
health or safety hazard.
_11. The subject property does contain functional obsolescence as noted In the report. This condition is
considered typical and common for the area and this style dwelling.
_x_12. The land value exceeds 30%of total value due to the high demand for vacant land In this neighborhood. This
condition Is considered common and typical for the neighborhood.
13. The land value exceeds 30%of total value. This is due to the large size of the site. This condition Is
considered to be typical and common.
_14. Individual adjustments were required that exceed 15%. These adjustments were required due to lack of more
similar comparables on that Individual rating. All comparables used are the best available.
_15. Total adjustments exceed 25%. This Is due to the lack of comparable sales that were more similar In the
subject's market area. All comparables used are the best available.
_x_16. One or more comparable sales are older than six(6)months. Although there are comparable properties in the
subject's area,none have sold recently; therefore,sales in excess of six(6)months have to be used. All comparables
used are the best available.
_17. One or more comparables used were In excess of one(1)mile from the subject property. Although there are
comparable properties In the Immediate area,none have sold recently. Therefore,it was necessary to use comparable
sales outside of the Immediate area. All comparables used are located in similar neighborhoods and within the same
marketing area. All comparables used are the best available.
_18. The electrical system was not connected during Inspection.
_19. The water service was not connected during Inspection.
_20. The heating system was shut down during Inspection.
21. Roofing_Plumbing_Electrical_Heating_certificatlon(s)Is/are suggested.
_22. Inground swimming pool_out bulldings_are Included_,not Included according to lender's
guidelines.
_23. According to lender's guidelines a maximum of acres were considered for this valuation. Remaining
acreage was given no value.
C31 6 F 3
File No.13-0031
""""'QUALIFICATIONS""""`
_24. The subject property Is located on a private road.
_25. Wood infestation Inspection Is suggested.
%25. Last recorded dead transfer: Date_10115/1959_Consideration:$4.800
_27. Proposed constructlonlrenovafion In accordance to plans and specifications to be completed in a workman-like
manner.
_28. Seller Is paying part or all of closing costs.
..
—x.29. All comparable sales are verified closed sales.
_x_30. There are no special conditions or other requirements that would affect market value or future marketability In
the Appraisal Report
CHECKED ITEMS ARE SPECIFIC SPECIAL CONDITIONS THAT WERE IDENTIFIED BY THIS APPRAISER DURING
INSPECTION.
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"""""QUALIFICATIONS""""'
Confidentiality and Security Policy
We consider privacy to be fundamental to our relationship with clients. We are committed to maintaining the
confidentiality,Integrity and security of clients'personal Information. Internal policies have been developed to protect
this confidentiality,while allowing client needs to be served.
We restrict access to personal Information to authorized Individuals who need to know this Information to comply with
federal standards to protect your nonpublic personal Information. We do not disclose this Information about you or
any former consumers or customers to anyone,except as permitted by law. The law permits us to share this
information with our affiliates. The law also permits us to share this Information with companies that perform
marketing.
When we share nonpublic Information referred to above,the informatlon Is made available for limited purposes and
under controlled circumstances. We require third parties to comply with our standards for security and confientiality.
We do not permit use of consumer/customer Information for any other purpose nor do we permit third parties to rent,
sell,trade or otherwise release or disclose information to any other party.
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S.W.Barrett Real Estate b Appraisal Services
USPAPADDENDUM File NO 13.0031
Borrower: Jean M Zeigler 6 Brands Z Davidson
Property Address:544 Wilson Street
City: Carlisle County: Cumberland Slate: PA Zip Code: 17013
Lender: F&M Trust Company
Reasonable Exposure Time
My opinion of a reasonable exposure time for the subject property at the market value stated in this report is:90.180 days.
Additional Certifications -- ' .
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 servues are described in the comments below.
Additional Comments
APPRAISER: n SUPERVISORY APPRAISER(only if required).
Signature: ��-- -� `� Signature:
Name: Cassandra J.Crootaillt Name:
Date Signed: 0 212112 01 3 Date Signed:
Stale Certification t RL001348L Slate Certification t
or Slate License I: or State License N:
or Other(describe): Slate M: Slate:
Slate: PA Expiration Dale of Certification a License:
Expiration Dale of Certification a License: 0 613 01201 3 Su rviscry Appraises inspection of Subject PropeennY:
Effective Dale of Appraisal:02/1312013 TED id Not ❑ Exteriorunty from street LJ Interior and Exterior
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FLOORPLAN SKETCH
Borrower Jean M Zeigler&Brenda Z Davidson File Na.: 13-0031
Propany Address;5"W9son Street Case No.:
City:Carlisle State:PA Zip:17013
Lender:F&M Trust Company
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Comment
'z' AREA'.CALCULATIONS SUMMARY ?. „x ,LIVING AREA BREAKDOWN
Ox9d0aon'r' Nq Sla WtTOpb anaxdpMf Su,
OSv11 rizK rlb r 1697.9 16910 rust rlouz
Oast- 0.e rzt v 582.0 561.0 30.0 x 130 360.0
0sa
0a9a9a 553.0 ` 552.0 - 57.0 x 23.0 1311.0
r/r rat le 12 a.0 - 1.0 x 16.0 16.0
Pores 96.0 8"Ond Thor
atoor U.0 271.0- 12.0 x 5.0 BOA
17.0 z 18.0 30610
12.0 x 16.9 216.0
Net LIVABLE Area (rounded) 2269 6Items (rounded) 2269
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