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Home My WebLink About10-03-14 IN RE: ESTATE OF JOSEPH D. RAILING : ORPHANS' COURT DIVISION LATE OF THE CARLISLE BOROUGH : COURT OF COMMON PLEAS : CUMBERLAND COUNTY : PENNSYLVANIA : NO. 21-13-0620 �-� � � � rn � o � c� .--, � �� t.:� -.�o rT"T -v- C`; � �`n � ....� � PETITION TO RENOUNCE RIGHT TO ADMINISTL�2w r �� r�� _ c� ':=::� � PROPERTY OF NO VALUE � : t'� . ; 7 c�-� � �--; .� --v __,-� -s� _, � _` -rt AND NOW, comes Petitioner, Sheree L. Fraker, by and through her cqunsel� rn :. ''�.' r--- Bradley L. Griffie, Esquire, and the law firm of Griffie & Associates, P:��., and pe�ions � the Court as follows: 1. Your Petitioner is the Administratrix of the above referenced estate, having been so appointed by the Register of Wills of the Court of Common Pleas of Cumberland County, Pennsylvania, by the issuance of a Certificate of Grant of Letters Administration dated May 31, 2013. 2. The decedent herein passed away on May 4, 2013 without a Last Will and Testament. 3. The decedent was the 33 year old son of your Petitioner, the Administratrix of this estate. 4. The decedent's other parent, Joseph O. Railing, Jr., renounced his right to serve as Administrator of this estate in favor of the decedent's mother, your Petitioner herein. 5. At the time of his passing, the decedent owned real estate located at 519 North Bedford Street, Carlisle, Cumberland County, Pennsylvania, as evidenced by the Deed recorded in the Office of the Recorder of Deeds in Deed Book 272, Page 641, a copy of which Deed is attached hereto and incorporated herein as Exhibit"A". 6. The aforesaid real estate, which was owned in the decedent's name alone, was encumbered with a mortgage due and owing to Sovereign Bank, N.A., of P.O. Box 12649, Reading, Pennsylvania, 19612-2649. 7. At the time of his passing, the decedent's real estate was encumbered with a second mortgage due and owing to Ocwen Loan Servicing, LLC, of PO Box 780, Waterloo, Iowa, 50704-0780. 8. The approximately balance that was due on the two mortgages just after the decedent's passing was $112,341.33 for Sovereign Bank, N.A. and $23,520.79 for Ocwen Loan Servicing, LLC. 9. In the Mortgage foreclosure documents filed by Sovereign Bank, N.A., the balance claimed to be due on that Mortgage as of January 24, 2014 is $119,829.15. 10. The instant estate is insolvent, as more fully identified on the copy of the Inheritance Tax Return attached hereto and incorporated herein by reference as Exhibit"B", said Return having been filed of record with the Register of Wills. 11. Your Petitioner herein made efforts to sell the real estate at issue located at 519 North Bedford Street, Carlisle, Cumberland County, Pennsylvania, through the services of Dennis Eckman, Realtor, of Hooke, Hooke & Eckman Realtors, 977 Walnut Bottom Road, Carlisle, Pennsylvania, 17015, by listing the property at the recommended price of$127,900.00 on or about June 11, 2013. 12. On or about six weeks following the listing of the property, as there was no indication of any interest in the home by third party purchasers at that value, and upon the recommendation of the selected realtor, the listing price of the property was reduced to $119,500.00. 13. Despite the reduction in the listing price, there was, again, no interest shown in purchasing the home by any third parties through the listing realtor. 14. To secure a better perspective of the actual value of the real estate involved, and following extensive discussions with the listing realtor, the listing realtor provided a Comparative Market Analysis setting the value of the property in the range of $74,900.00 to $89,900.00, a copy of said current Market Analysis being attached hereto and incorporated herein as Exhibit"C". 15. Pending the sale of the real estate, your Petitioner was obligated to pay from this insolvent estate, fees associated with maintaining utilities, including gas, electric, and water and sewer on the real estate, so that the property could be properly maintained and shown as it was listed for sale. 16. Due to the insolvency of the estate, the lack of any interest whatsoever at any reasonable listing price for the sale of the property, and the fact that the last listed price of the property was insufficient to pay the balance of the first mortgage, even without consideration of the second mortgage that exceeded $24,000.00, your Petitioner and counsel determined that any further efforts at sale of the property would be an additional waste of the limited resources available to this insolvent estate and Administratrix. 17. By correspondence in September of 2013, Petitioner, through counsel, notified the first and second mortgage holders that the estate was unable to pay any additional utility expenses for the property, that no additional marketing efforts would be made and that if either of the mortgage companies wished to use the services of the listing realtor, they were welcome to do so, but under no circumstances could the estate, or appropriately any third parties such as the Administratrix, expend any more sums attempting to maintain the property pending a sale that would not produce sufficient funds to pay even the first mortgage on the property. 18. Pursuant to 20 Pa.C.S. Section 3312, your Petitioner is authorized to petition the Court and request authorization to renounce her right to administer property which is of no value to the estate. 19. The instant real estate was not only of no value to the estate, but also was of no value to the decedent at the time of his passing as it was encumbered well in excess of its reasonable value, based upon Petitioner's efforts to market and sell the property immediately after decedent's death. 20. Both of the mortgage holders herein have been advised of the position of the estate and notified that the foreclosure on the property will need to take place as a Deed in Lieu of Foreclosure is not an available alternative under circumstances where there are two mortgage holders. 21. Even without circumstances of the mortgages on the real estate being more than $25,000.00 in excess of the value of the property, the estate is� otherwise insolvent based upon its limited assets and its substantial debt. 22. Joseph O. Railing, Jr., the only other beneficiary of the estate other than Petitioner, concurs in this request. WHEREFORE, Petitioner requests your Honorable Court to issue a Rule and Citation upon Santander and Ocwen Mortgage Services, LLC to show cause, if any they have, as to why the Court should not authorize the personal representative to renounce her right to administer the property located at 519 North Bedford Street, Carlisle, Cumberland County, Pennsylvania, as property of the estate, forfeiting any rights or benefits in the real estate and avoiding any additional liability associated with the real estate such as a deficiency judgment, thereby, allow the mortgage holders to assume all responsibilities relative to the real estate. Respectfully submitted, . G � ie, Esquire ttorney for Petitioner Supreme Court ID No. 34349 200 North Hanover Street Carlisle, PA 17013 (717) 243-5551 (800) 347-5552 T verify that the statements made in the foregoing document are true and correct. I understand that false statements herein are made subject to the penalties of 18 Pa.C.S. Section 4904, relating to unsworn falsification t�� authorities. DATE:_��"3�� A lJ7� T,�/�C heree L. Fraker, Administratrix IN RE: ESTATE OF JOSEPH D. RAILING : ORPHANS' COURT DIVISION LATE OF THE CARLISLE BOROUGH : COURT OF COMMON PLEAS : CUMBERLAND COUNTY : PENNSYLVANIA : NO. 21-13-0620 CERTIFICATE OF SERVICE o� � I, Bradley L. Griffie, Esquire hereby certify that I did, the � day of �G'�'0 ��( , 2014, cause a copy of Petitioner's Petition to renounce right to administer property of no value to be served upon the Respondents listed below by first class mail, postage prepaid, at the following address: Sovereign Bank,N. A. PO Box 12649 Reading, PA 19612-2649 Ocwen Loan Servicing, LLC PO Box 780 Waterloo, IA 50704-0780 Joseph O. Railing, Jr. 422 A Street Carlisle, PA 17013 DATE: ►p 3 �y � r riffie, Esquire ey for Petitioner , L�� J '.j�v_�1 �'-i.�1'l , .. . �....; . . ,. .. _._=:i _ ,, -- ,,; _ - -:i;., ..��i1i �„ .. -. �-- � .. ��,•-'-+t :u� ;�;_�,i i;- ..�'_.:-.. l:'�. .JL�`�i.F\i�. . . DEED WARRANTY IND. OR;C.QI�Q�/�6�Q �i�'1 1C �5 �J��v . PARCEL NO.: 02-201800-093 Th . is D ee� made the �i� day of ��1(i� 2005 Benveen Susan Stabler and Gary Stabler,wife and husband herein designated as the Grantors, And Joseph D. Railing, unmarried person herein designated as the Grantees, Wit�iessetl:, tlzat the Grantors,for and in consideration of One Hundred Twenty Four Thousand Seven Hundred and 00/100 ($124,700.00) lawfial nzoney of the United States of America, to the Grantors in hand well and truly paid by the G�-antees, at or before the sealing and delivery of these presents, the receipt whereof is hereby '• acknowledged alzd the Grantors being therewith fully satisfied, do by tlzese presents gi-ant, bargain, sell and convey unto the Grantees forever, • ALL THAT CERTAIN tract or Parcel of land and pre�nises, situate, lying and being in the Borough of Carlisle in the County of Cumberland and Commonwealth of Pennsylvania, more particaciccrly described as follows: c�IV the IVo��th by I�Tortiz Bedfora Street; on the Eust by property now or for�nerly oj'E.�� 1�eefer; on tlze Sozctlz by an alley and on the West by property now or forJnerly of August Kensler, deceased; Izaving a frontage of 25 feet on North Bedford Street and extending 1 SO feet, more or less in depth. BEING kizown and numbered as 519 North Bedford Street, Carlisle, PA 17013. BEING THE SAME premises which Susan Stabler f/kla Susan M. Gooden and Gary Stabler, her husban�l, by Deed dccted November 18, 2003 and recorded in the Recorder of Deeds Office in CuJ�iberland County, Pennsylvania, in Dee�l Book 260, Page 3341, gf-anted and conveyed unto SLCSan Stabler f/k/a Susan M. Gooden and Gary Stabler, her husband, grantors herei�a. EOOR �'�,`� P�CE �j�'� ' Exhibit "A" _ _ _ __ _ _ _ _ ' Togetlier with all and singular the buildings, improvements, ways, woods, waters, watercourses, rights, Ziberties, hereditaments and appurtenances to the same belonging or in anywise appertaining; and the reversion and reversions, remainder and remainders, rents, issues and profits thereof, and of every part and parcel thereof,•And Also all the estate, right, title, interest, use,possession,property, claim and demand whatsoever of the Grantors both in Zaw and in equity, or, in and to the premises herein described and every part and parcel thereof with the appurtenances. To Have A�zd To Hold all and singular the premises herein described together with the hereditaments and appurtenances unto the Grantees and the Grantees'proper use and benefit forever. A�id the Grantors covenant that, exce�t as may be herein set forth, they do and will Specially Warrant and Defend the lands and prenzises, hereditaments and appurtenances hereby conveyed, against the Grantors and all other persons lawfully claiming the sanze or to claim the same. In all references herein to any parties,persons, entities or corporations, the use of any particular gender or the plural or singular number is intended to include the appropriate gender or number as the text of the within instrument may require. Wherever in this instrument any party shall be designated or referred to by name or general reference, such designation is intended to and shall have the same effect as if the words "heirs, executors, adininistrators,personal or legal representatives, successors and assigns"has been inserte�l after each and every such designation. 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Go den Gary abler . Commonwealth of Pennsylvania, County of L��HCJ� }ss: Be It Remembered,that on {�?we��b�� a�t o1C�S before me the subscriber personally appeared Susan Stabler f/k/a Susan M. Gooden and Gary Stabler, husband a�id wife � known to me (or satisfactorily proven) to be the person whose name subscribed to the within deed and acknowledged that executed the same for the purposes therein contained. Witness.my hand and seal the day and year aforesaid. NOTRRifiL SEAL Y�athy L..tJlummert,Notary Public Boro�gf�of Carliste,Cumberland Co.,PA �i4y Commission Expires Aug.97,2007 Commonwealth of Pennsylvania, County of �ss: Be It Remembered, that on before me the subscriber personally appeared who aclnzowledged self to be the of a Corporation, and that being authorized to do so as such corporate officer executed the foregoing instrument for the purposes therein contained on behalf of the corporation. Wit�iess my hand and seal the day and year aforesaid. ,» � �GOn }K fH �F1GE �� . f R/ p�/ Susan Stabler Gary Stabler TO Toc�rh D. Raii�ng Dated � '�� t �; '� The Undersigned certifies that the precise residence and complete post off ce address of the Grantee is: � 519 N. Bedford Street Carlisle, PA 17013 i COMMONWEALTH OF PENNSYLVATtIA ) - -- - . SS. � COUNTY OF ) Recorded in the Office of the Recorder of Deeds, etc., in and for said County, in Deed/Record Book ,Page . Witness my Hand and Official Seal this day of , 2005. Recorder . BUQ�i �� FAG� �� e � � 1505610143 REV-1500 EX`°,_,°> � OFFICIAL USE ONLY PA Department of Revenue pennsylvania Counly Code Year File Number Bureau of Individual Taxes DEPARTMENTOFREVENUE Po BOx.28oso� INHERITANCE TAX RETURN 21 13 0620 Harrisburg,PA 17128-0601 RESIDENT DECEDENT ENTER DECEDENT INFORMATION BELOW Social Security Number Date of Death Date of Birth 05 04 2013 01 28 1980 DecedenYs Last Name Suffix DecedenYs First Name MI RAILING JOSEPH D (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 VVILLS FILL IN APPROPRIATE OVALS BELOW � 1. Original Return � 2. Supplemental Return � 3, Remainder Return(date of death priorto 12-13-82) � 4. Limited Estate � 4a.Future Interest Compromise 5. Federal Estate Tax Return Re uired (date of dealh after 12-12-82) ❑ 4 � g Decedent Died Testate � Decedent Maintained a Living Trust � 8. Total Number of Safe De osit Boxes (Altach Copy of Will) ❑ (Allach Copy ot Trusq P � 9. Litigation Proceeds Received � �p,Spousal Povert Credit�(date of death ��,Election to ta7�,y,nder Sec.9113p� belween 12-31�J1 and -1-95) � (AH2Ch Sch.O)� .-..�... � � C CORRESPONDENT-THIS SECTION MUST BE COMPLETED.ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMAT $1�ULD B�{RECT�� Name Daytime TelephC�e�rpk�er -� �� BRADLEY L GRIFFIE 717 243 +��5�„ N �"�' �' ...� w�_ �-r r-r� 1 _ ,;,:� ...... � � C�7 REGISTER OF W�iSUSE�Y � o -�r� ,.� �}..1 _ �"i First line of address � � ., F � 200 N HANOVER STREET - o 0 � � Second line of address DATE FILED City or Post Office State ZIP Code CARLISLE PA 17013 CorrespondenYs e-mail address: bgt'iffie@grlfflelaw.COtll Under penalties of perjury,I declare that I have examined this return,including accompanying schedules and statements,and to the best of my knowledge and belief, it is true,correct and complete.Deciaration of preparer other than the personal representative is based on all information of which preparer has any knowledge. SIGNATURE OF PERSON RESPONSIBLE FOR FILING RETURN DATE ,�G� /�„ ,�_ , Sheree L. Fraker `i DDRESS ��—b��z �� 11 Kutz Road, Carlisle, PA 17015 S PREPARER THER THAN REPRESENTATIVE DATE Bradley L Griffie n ��, �Cli t 00 200 North Hanover Street, Carlisle, PA Side 1 � 1505610143 1505610143 J �chibit "A" ' � 1505610243 REV-1500 EX RECAPITULATION 1. Real Estate(Schedule A)....................................................................................... 1. 12 7 , 60 0 . 0 0 2. Stocks and Bonds(Schedule B)............................................................................. 2. 3. Closely Held Corporation,Partnership or Sole-Proprietorship(Schedule C)......... 3. 4. Mortgages&Notes Receivable(Schedule D)........................................................ 4. 5• Cash,Bank Deposits&Miscellaneous Personal Property(Schedule E)............... 5. 22 , 690 . 07 6. Jointly Owned Property(Schedule F) ❑ Separate Billing Requested............ 6. 12 , 012 . 19 7. Inter-Vivos Transfers&Miscellaneous�Probate Property (Schedule G) Separate Billing Requested............ 7, 8. Total Gross Assets(total Lines 1-7)..................................................................... 8. 162 ,302 . 2 6 9. Funeral Expenses&Administrative Costs(Schedule H)....................................... 9. 2 9,217 . 72 10. Debts of Decedent,Mortgage Liabilities,&Liens(Schedule I).............................. 10. 172 , 842 . 10 11. Total Deductions(total Lines 9&10)................................................................... 11. 202 � 059. 82 12. Net Value of Estate(Line 8 minus Line 11).......................................................... 12. -3 9, 7 5 7 . 5 6 13. Charitable and Governmental Bequests/Sec 9113 Trusts for which an election to tax has not been made(Schedule J)............................................... 13. 14. Net Value Subject to Tax(Line 12 minus Line 13)............................................... 14. -3 9, 7 5 7 . 5 6 TAX COMPUTATION-SEE INSTRUCTIONS FOR APPLICABLE RATES 15. Amount of Line 14 taxabie at the spousal tax rate,or transfers under Sec.9116 (a)(1.2)X.00 15. 0 . 00 16. Amount of Line 14 taxable 0 . 0 0 16. 0 . 0 0 at lineal rate X .045 17. Amount of Line 14 taxable at sibling rate X.12 0 . 00 17. 0 . 00 18. Amount of Line 14 taxable at collateral rate X.15 0 . 0 0 18. 0 . 0 0 19. Tax Due.................................................................................................................. 19. 0 . 0 0 20. FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT. � Side 2 L 1505610243 1505610243 � . �REV-1500 EX Page 3 File Number 21-13-0620 Decedent's Complete Address: DECEDENT'S NAME Railing,Joseph D. STREET ADDRESS 519 North Bedford Street CITY STATE ZIP Cariisle PA 17013 Tax Payments and Credits: 1. Tax Due(Page 2, Line 19) (1) 0.00 2. Credits/Payments A. Prior Payments B. Discount 0.00 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. �4� Check box 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. (5) �.Op Make Check Payable to: REGISTER OF WILLS, AGENT. � . � _ ._. � �,,�� ,� -�* � r _� . . r. �� _.�.�� °�-�-� � . ..��. �.... �. 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:.................................. ❑ ❑x c. retain a reversionary interest;or............................................................................................................... ❑ � d. receive the promise for life of either payments,benefits or care?............................................................ ❑ ❑x 2. If death occurred after December 12, 1982,did decedent transfer property within one year of death without receivingadequate consideration?.................................................................................................................... ❑ ❑x 3. Did decedent own an"in trust for" or payable upon death bank account or security at his or her death?....... ❑ � 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. „ .,. . . x� ��v -�.. �<�'''«i��'''¢a.,.s�'�r:�'�; .:::� s%.� ,.wx...a..�`�.,...h_�,. i�_:..,�.:.....�-��..,.�.��;..._.�.�.t..i.No-��..��'�� i��.c'�'�`�£�,.�' �s 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 January 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 decedenYs lineal beneficiaries is 4.5 percent,except as noted in 72 P.S.§9116 1.2)[72 P.S.§9116(a)(1)]. . The tax rate imposed on the net value of transfers to or for the use of the decedenYs siblings is 12 percent[72 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-1502 FX+(11-08) , � SCHEDULE A � �� REAL ESTATE , � COMMONW EAL7H OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF FILE NUMBER Railing,Joseph D. 21-13-0620 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 vrould be exchanged belween a wdling buyer and a willing seller,neither being compelled to buy or sell,both having reasonable knowledge of the relevanl facls. Reai property which 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 Include a copy of the deed showing decedenYs interest if owned as tenant in common. ITEM VALUE AT DATE NUMBER DESCRIPTION OF DEATH 1 519 North Bedford Street- 127,600.00 Carlisle, Cumberiand County, PA (Single family dwelling) (See attached market analysis) (Assessed value 127,600.00 x C.L.R. 1.0) TOTAL(Also enter on Line 1, Recapitulation) 127,600.00 (If more space is needed,additional pages of the same size) Copyright(c)2009 form software only The Lackner Group, Inc. Form PA-1500 Schedule A(Rev. 11-08) Rev-1508�X+(6-98) , �. SCHEDULE E CASH, BANK DEPOSITS, & MISC. PERSONAL PROPERTY COMMONW FALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF FILE NUMBER Railing,Joseph D. 21-13-0620 Include the proceeds of litigation and the date lhe proceeds were received by the estate. All property jointly-owned with the right of survivorship must be disclosed on schedule F. ITEM VALUE AT DATE NUMBER DESCRIPTION OF DEATH 1 Comcast Refund 169.75 2 Personal Income Tax Refund-(Local) 53.08 3 Aflac Insurance Premium refund 25.98 4 2012 State Income Tax Refund 103.12 5 Personal Property Auctioned - 913.00 (See attached statement) 6 2007 Audi A-4(Sold to dealer) 11,200.00 7 Erie Insurance -(Automobile Ins. Refund) 426.00 8 Wells Fargo refund of overpayment on auto loan payoff 5.55 9 Blue Cross/Blue Shield Reimbursement 1,160.00 10 Blue Cross/Blue Shield Reimbursement 6,485.54 11 2012 Federal Income Tax Refund 523.05 12 2013 Federal Income Tax Refund 1,314.00 13 Erie Insurance(Homeowner's refund) 311.00 TOTAL(Also enter on Line 5, Recapitulation) 22,690.07 (If more space is needed,additional pages of the same size) Copyright(c)2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule E(Rev.6-98) Rev-1509 FX+(6-98) � , SCHEDULE F COMMONWEALTHOFPENNSYLVANIA JOINTLY-OWNED PROPERTY INHERITANCE TAX RETURN RESIDENTDECEDENT ESTATE OF FILE NUMBER Railing,Joseph D. 21-13-0620 If an asset was made joint within one year of the decedent's date of death,it must be reported on schedule G. SURVIVING JOINT TENANT(S)NAME ADDRESS RELATIONSHIP TO DECEDENT A. Sheree L. Fraker 11 Kutz Road Mother Carlisle, PA 17015 B. C. JOINTLY OWNED PROPERTY: LETTER DATE DESCRIPTION OF PROPERTY %OF DATE OF DEATH ITEM INCLUDE NAME OF FINANCIAL INSTITUTION AND BANK ACCOUNT DATE OF DEATH DECD�S VALUE OF NUMBER FOR JOINT MADE NUMBER OR SIMILAR IDENTIFYING NUMBER.ATTACH DEED FOR VALUE OF ASSE INTEREST DECEDENT'S INTEREST TENANT JOINT JOINTLY-HELD REAL ESTATE. 1 A 03/23/2013 Cornerstone Federal Credit Union-Savings 10,615.22 100.000% 10,615.22 Account Number XX10-01 (See attached statement) 2 A 03/23/2013 Cornerstone Federal Credit Union-Checking 1,396.97 100.000% 1,396.97 Account No.XX10-07 (See attached statement) TOTAL(Also enter on Line 6, Recapitulation) 12,012.19 (If more space is needed,additional pages of the same size) Copyright(c)2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule F(Rev.6-98) REV-1151�X+(10-06) � :` SCHEDULE H � FUNERAL EXPENSES & COMMNHRESITDENT D ED N�RNANIA ADMINISTRATIVE COSTS ESTATE OF FILE NUMBER Railing,Joseph D. 21-13-0620 Debts of decedent must be reported on Schedule I. ITEM DESCRIPTION AMOUNT NUMBER q, FUNERAL EXPENSES: See continuation schedule(s) attached 14,954.10 B. ADMINISTRATIVE COSTS: 1. Personal Representative's Commissions Name of Personal Representative(s) Sheree L. Fraker Street Address 11 Kutz Road city Carlisle state PA zio 17015 Year(sl Commission oaid 2014 4,322.06 2. Attornev's Fees Griffie 8�Associates, P.C. 6,000.00 3, Family Exemption: (If decedenYs address is not the same as claimanYs,attach explanation) Claimant Street Address City State Zio Relationshio of Claimant to Decedent 4. Probate Fees 603.50 5. AccountanYs Fees 540.00 See continuation schedule(s)attached 6. Tax Return Preparer's Fees 7. Other Administrative Costs 2,798.06 See continuation schedule(s) attached TOTAL(Also enter on line 9, Recapitulation) 29,217.72 Copyright(c)2009 form software only The Lackner Group, Inc. Form PA-1500 Schedule H(Rev. 10-06) , SCHEDULE H FUNERAL EXPENSES AND ADMINISTRATIVE COSTS continued ESTATE OF FILE NUMBER Railing, Joseph D. 21-13-0620 ITEM NUMBER DESCRIPTION AMOUNT Funeral Expenses 1 Ewing Brothers Funeral Home, Inc. 7,156.10 2 Osiris Holding of Pennsylvania(Cemetery Plot,etc.) 7,278.00 3 Pastor compensation 100.00 4 Church rental/reception 420.00 H-A 14,954.10 Accountant Fees 5 Cohick&Associates(2012&2013 Personal Returns) 540.00 H-B5 540.00 Other Administrative Costs 6 Cumberland Law Journal (Advertising) 75.00 7 The Sentinel (Advertising) 168.30 8 Michael Mackey(Restretch carpet in residence) 150.00 9 PPL Electric Utilities 189.31 10 UGI Utilities, Inc. 71.34 11 Sentinel (Advertisement for vehicle) 24.99 12 Auto Locator(Advertisement for vehicle) 34.00 Copyright(c)2002 form software only The Lackner Group,Inc. Form PA-1500 Schedule H(Rev.6-98) \ SCHEDULE H FUNERAL EXPENSES AND ADMINISTRATIVE COSTS continued ESTATE OF FILE NUMBER Railing,Joseph D. 21-13-0620 ITEM NUMBER DESCRIPTION AMOUNT 13 Steve's BMS Performance&Auto Repair - 42.40 (Auto repairs) 14 Steve's BMS Performance&Auto Repair- 47.70 (Auto inspection) 15 Personal Property Auctioning Costs 354.55 16 Erie Insurance Group(Auto Insurance) 445.34 17 Bank Fees to Orrstown Bank 12.50 18 Borough of Carlisle(Water/Sewer) 242.63 19 Michael Mackey(Carpet repair to list real estate) 150.00 20 Cohick&Associates- 290.00 (Preparation of 2013 Personal Tax Return) 21 Reserves 500.00 H-B7 2,798.06 Copyright(c)2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule H(Rev.6-98) Rev-1512 FX+(12-08) �, SCHEDULE 1 � � DEBTS OF DECEDENT, MORTGAGE LIABILITIES, & LIENS COMMONW EAITH OF PENNSYLVANIA . . INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF FILE NUMBER Railing,Joseph D. 21-13-0620 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 Welis Fargo Dealer Svcs.-Automobile loan/lien on automobile title 4,593.80 2 Borough of Carlisle(Water/Sewer) 72.90 3 Cohick&Associates- 242.63 Fee for Amended Tax Return for 2012 4 UGI 35.47 5 PPL 55.33 6 Colonial Life Insurance - 133.33 (Overpayment of disability) 7 Carlisle HMA Physician Management(Medical) 160.00 8 Bank of America- 12,158.27 Acct. No.XXXX-XXXX-XXXX-6809 9 Chase Freedom - 2,981.04 Acct. No.XXXX-XXXX-XXXX-4511 10 AT&T Mobility 35.89 11 Carlisle Oncology(Medical) 160.00 12 Caris Life Sciences(Medical) 6,485.55 13 Foundation Medicine(Medical) 1,160.00 14 Borough of Carlisle Tax Account(personal taxes) 5.50 15 Mortgage to Sovereign Mortgage 119,829.15 Total of Continuation Schedule See attached page TOTAL(Also enter on Line 10, Recapitulation) 172,842.10 (If more space is needed,additional pages of the same size) Copyright(c)2009 form software only The Lackner Group, Inc. Form PA-1500 Schedule I(Rev. 12-08) Rev-�512 EX+(6-98) � SCHEDULE 1 DEBTS OF DECEDENT, MORTGAGE LIABILITIES, & LIENS COMMON W EALTH OF PENNSYLVANIA . . INHERITANCE TAX RETURN conti n ued RESIDENT DECEDENT ESTATE OF FILE NUMBER Railing,Joseph D. 21-13-0620 ITEM VALUE AT DATE NUMBER DESCRIPTION OF DEATH 16 Mortgage to Ocwen Mortgage 24,382.16 17 AT&T Mobile- 90.02 (Paid pre-death; posted post-death) 18 Comcast- 261.06 (Automatic payment post-death) TOTAL(Also enter on Line 10, Recapitulation) 172,842.10 Copyright(c)2002 form software only The Lackner Group, Inc. Form PA-1500 Schedule I(Rev.6-98) REV-1513�X+(»-08) y� ' SCHEDULE J COMMONWEALTH OF PENNSYLVANIA B E N E F I C IAR I ES INHE ITANCE TAX RETU RN RE IDENT DECEDENT ESTATE OF FILE NUMBER Railing,Joseph D. 21-13-0620 RELATIONSHIP TO NUMBER NAME AND ADDRESS OF DECEDENT SHARE OF ESTATE AMOUNT OF ESTATE PERSON(Sl RECEIVING PROPERTY (Words) ($$$) Do Not List Trustee s I. TAXABLE DISTRIBUTIONS [include outright spousal distributions,and transfers under Sec.9116 a 1.2 Sheree L. Fraker Mother Fifty percent of 11 Kutz Road net distributable Carlisle, PA 1705 estate Joseph O. Railing,Jr. Father Fifty percent of 422 A Street net distributable Carlisle, PA 17013 estate Total Enter dollar amounts for distributions shown above on lines 15 throu h 18 on Rev 1500 cover sheet,as a ro riate. NON-TAXABLE DISTRIBUTIONS: II• A.SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT TAKEN B.CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS TOTAL OF PART II -ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET Copyright(c)2009 form software only The Lackner Group, Inc. Form PA-1500 Schedule J(Rev. 11-08) 5/22/2014 cpml.paragonrels.corr✓PublinWDocManager/CPML/7/b40e1571-6423-49c6-997�7a7ed10828a7/CMA.html . � ? � -'� = j'� � X�° '' � _. _. . . ., _� , t , . _, .a. ._ _ � � ,.. _... ,. .�.�.� ._ CMA Presentation ...� _ . . . M � � �� _ �,�w , �� , �� I � � � � , � �- . '' '�� '��I, ' s,�;. �. , � �,;. � �� , ,.�.��.�: �..,,.; ,.�.�.=...,�..,�,�;a� � ��'�="� � . �:'��i"W;� �'�'u�'; Bradley Griffie �� . :� � Thursday, May 22, 2014 v�.� l��f�r�3'�'t�eeie - "a`�,�`.'�a�;.3 ..�?;'; DEN�QS ECKMAN s � HOOKE, HOOKE & ECKMAN ' LLC REALTORS �'��" 977 WALNUT BOTTOM RD � � C��AN � CARLISLE, PA 17015 R_E°''"7 0�z s" ��#9•l£�#� �,:._> =�..-�.___ __� . (717) 385-7924 � denny@hhande.com E�hibit "C" This Analysis Has Not Been Performed In Accordance W ith The Uniform Standards Of Professional Appraisal Practice which Require Valuers To Act As Unbiased, http://cpml.paragonrels.com/PublinWDocManager/CPML/7/b40e1571-6423-49c6-997e-7a7ed10828a7/CMA.html 1/23 5/22/2014 cpml.paragonrels.com/Publ inWDocManag er/CPM U7/b40e1571-6423-49cfr997e-7a7ed10828a7/CMA.html Disinterested Third Parties W ith Impartiality,Objectivity And Independence And witliout Accomodation Of Personal Interest It Is Not To Be Considered As An Appraisal And May Not Be Used As Such For Any Purpose. http://cpml.parag onrels.com/PublinWDocManag er/C PM L/7/b40e1571-642�49cCr997e-7a7ed10828a7lC MA.html ?J23 5/22/2014 cpml.paragonrels.corNPublinWDocManag er/C PM L!7/b40e1571-6423-49c6-997e-7a7ed10828a7/CMA.htrrd Thursday, May 22, 2014 Bradley Gr�ffie Dear Atty Bradley Gr"fifie, The purpose of this CMA (Comparative Market Analysis) is to recommend a listing price value of 519 N. Bedford St Carlisle PA 17013 based on its current condition and the current market. It is my opinion that the listing price because of its condition and the needed repairs of busted water pipes, fallen drywall and the realistic expectation of mold remediation is in the range of$39,900 and $49,900. With the repairs being completed the listing price would be somewhere in the range of$74,900 to $89,900. This CMA is not be used for any other purpose than the potential listing value of the property for sale in its current condition. Sincerely, DENNIS ECKMAN http://cpml.paragonrels.com/PublinWDocManager/CPMU7/b40e1571-6423-49cFr997e-7a7ed10828a7/CMA.html 3/23 5l22/2014 cpml.paragonrels.corrdPublinWDocManager/CPMU7/b40e1571-642�49c6-997e-7a7ed10828a7/CMA.html �� ,� s4. . . .. � - �, R �� E �� y � ��` �� t +Y f. T �R:.s.. :� y �..r[��. .. ...�. �.t; .. . .h-s�' _ L.4�m ...�� ^tN„.�» �++fl++'� � `+k �. .�wtLw«Lr Y'F ' �.� - � 3. P'an.`^*. - � n-,- �. . ..,. � �a .. ,,.�,�� .... . - s=,.�aLd. - >a:`t..'. . � y� F _ �y � i � � � �, � ,� '` . I > �� Address 519 N Bedford Street M BR Y/N Yes City Carlisle BR2 Y/N Yes State PA BR3 Y/N Yes Zip Code 17013 BR 4 Y/N No Area 7 BR 5 Y/N No Class Residential Kit Y/N Yes BR 3 Fam Y/N No # FBth 1 Din Y/N Yes # Half Bth 1 LR Y/N Yes # BTH 2 De n Y/N No # Fireplc Schl Dist Carlisle Subdiv ElemSch Letort Elementary School M unicip Carlisle M idSch Wilson Middle School HighSch Carlisle Area High School This Analysis Has Not Been Performed In Accordance W ith The Uniform Standards Of Professional Appraisal Pracdce which Require Valuers To Act As Unbiased, Disinterested Third ParGes W ith Impartiality,Objectivity And Independence And without Accomodation Of Personal Interest It Is Not To Be Considered As An http://cpml.paragonrels.comlPublinWDocManager/CPMU7/b40e1571-642�49c6-997e-7a7ed10828a7/CMA.html 4/23 5/22/2014 cpml.paragonrels.corrdPublinWDocManager/CPMU7/b40e1571-6423-49cCr997�7a7ed10828a7/CMA.html Appraisal And May Not Be Used As Such For Any Purpose. http://cpml.parag onrel s.corryPubl i nWDocM anag er/C PM L/7/b40e1571-6423-49c6-997e-7a7ed10828a7/C MA.html 5/23 5/22/2014 cpml.paragonrels.com/PublinWDocManager/CPMU//b40e1571-6423-49c6-997�7a7ed10828a7/CMA.htrrd ' ` �� ' i_ _ , „ , ;_ . , „ , _ � .. . , �s .., _. Address 400 N Bedford MLS # 10251850 , Price $99,900 Adjusted Price $102,845 Description Adjustment Square Feet Above Grade $2,695 # of Half Baths $1,250 Off St Parking or Garage ($5,000) Central AC $4,000 Address 154 E Penn Street MLS # 10252993 Price $97,900 Adjusted Price $111,315 Description Adjustment Square Feet Above Grade $9,415 Central AC $4,000 Address 145 Cedar Street MLS # 10251445 Price $95,000 Adjusted Price $100,195 Description Adjustment Square Feet Above Grade ($2,555) # of Half Baths $1,250 Off St Parking or Garage $2,500 Central AC $4,000 Address 351 EAST LOUTHER STREET MLS # 10253223 Price $59,900 Adjusted Price $69,365 Description Adjustment Square Feet Above Grade $1,715 # of Half Baths $1,250 Off St Parking or Garage $2,500 Central AC $4,000 This Analysis Has Not Been Performed In Accordance W ith The Uniform Standards Of Professional Appraisal Practice which Require Valuers To Act As Unbiased, Disinterested Third Parties W ith Impartiality,Objectivity And Independence And without Accomodation Of Personal Interest It Is Not To Be Considered As An http://cpml.paragonrels.corrVPublinWDocManager/CPML/7/b40e1571-6423-49cfr997e-7a7ed10828a7/CMA.html 6/23 5/22J2014 cpml.paragonrels.com/PublinWDocManager/CPML/7/b40e1571-6423-49c6-997e-7a7ed10828a7/CMA.html Appraisal And May Not Be Used As Such For Any Purpose. ' � � , � ��.� � _.� _ . ..� __ Address 158 Elm Street MLS # 10240888 Price $89,500 Adjusted Price $104,025 Description Adjustment Square Feet Above Grade $9,275 # of HaIF Baths $1,250 Acres $4,000 Address 225 N Bedford St MLS # 10242592 Price $87,000 Adjusted Price $99,475 Description Adjustment Square Feet Above Grade $4,725 # of Half Baths $1,250 Off St Parking or Garage ($1,500) Central AC $4,000 Acres $4,000 Address 322 N Bedford Street MLS # 10241644 Price $79,000 Adjusted Price $91,755 Description Adjustment Square Feet Above Grade $3,255 Off St Parking or Garage $2,500 Central AC $4,000 Acres $3,000 Address 45 W BALTIMORE ST MLS # 10238040 Price $75,000 Adjusted Price $82,750 Description Adjustment # of Half Baths $1,250 Off St Parking or Garage $2,500 Central AC $4,000 http://cpml.paragonrels.corrdPublinWDocManager/CPMU7/b40e1571-642�49c6-997�7a7ed10828a7/CMA.html 7123 5/22/2014 cpml.paragonrels.com/PublinWDocManager/CPML/7/b40e1571-6423-49c6-997e-7a7ed10828a7/CMA.html This Analysis Has Not Been Performed In Accordance W itfi The Uniform Standards Of Professional Appraisal Practice which Require Valuers To Act As Unbiased, Disinterested Third Parties W ith Impartiality,Objecdvity And Independence And wilfiout Accomodation Of Personal Interest It Is Not To Be Considered As An Appraisal And May Not Be Used As Such For Any Purpose. http://cpml.parag onrel s.corr�Publ i nWDocM anag er/C PM U7/b40e1571-642�49cCr997e-7a7ed10828a7/C MA.html 8/23 5/22/2014 cpml.parag onrels.com/Publ i nWDocM anag er/C PM U7/b40e1571-6423-49c6-997e-7a7ed10828a7/C MA.html a. , . .*�� ,_ . � � --- ------- ^� '` �-� � � ��l�"`"'�t ?�: '��I��I`�x� ,�� "°�a.z .��•;;�� { } ';� g "f+ '':'.� +N. n`.�.. . .... � ..... ... MLS# Subj Prop 10239456 10251850 10252993 10251445 ........................................................................................................................................_............................................................_..._._.................................................................... List Price $127,900 $99,900 $97,900 $95,000 ................................................................................................................................................................................................................................................................................ Address 519 N Bedford Street 400 N Bedford 154 E Penn Street 145 Cedar Street ................................................................................................................................................................................................................................................................................ City Carlisie Carlisle Carlisle Carlisle .................................................__....._..,.........................................................................__.........................................................._....._.................................................................... Square Feet Above 1,4G9 1,392 1,200 1,542 Grade ............................................................................................................................................................................................................................................................................... Originai Price $127,900 $99,900 �97,900 $95,000 .........................................................................................................................................:....................................................................................................................................... Price $127,900 $99,900 597,900 $95,000 ........................................................................................................................................:....................................................................................................................................... Soid Price ........................................_............................................................................................._.............................................................._....................................................................... Days On Market 199 31 15 38 ................................................................................................................................................................................................................................................................................. Acres 0.0900 0.0500 0.0600 0.0400 ................................................................................................................................................................................................................................................................................. #Bedrooms 3 3 3 3 ................................................................................................................................................................................................................................................................................ #of Half Baths 1 0 1 0 ...................................................................._..................................................................._..................................................................._.................................................................... #of Full Baths 1 1 1 1 ........................................................................................................................................................................................................................................................................... #of Fireplaces 0 0 D ................................................................................................................................................................................................................................................................................. Price/SqFtAbv G $87.07 $71.77 $81.58 $61.61 .........................................._......_._............._..................................................................._._................................................._...._......................._.............____.........._................. �, s��a� .��:: a�'..i";Yi.'.��» SquareFeetAbove $0 $2,695 59,415 ($2,555) Grade ................................................................................................................................................................................................................................................................................. #of Half Baths $0 $1,250 $0 $1,250 ..........................._....._................................_..............................................................................._....................................................._....................._............................................. Off St Parking or $0 ($5,000) $0 $2,500 Garage .............................._...._............................_..................................................................._........................._.............._........................._......._......................................................... Central AC $0 $4,000 $4,000 $4,000 ....................................................................................................................:.......................................................................................................................................................... Acres $0 $0 $0 $0 ............................................................................................................................................................................................................................................................................... ;��,�� a ,�",��$127,900 $102,845 �111,315 $100,195 . .................................................................._..................._..............................................._...........................................__...................._.................................................................... http://cpml.paragonrels.corrdPublinWDocManager/CPML/7/b40e1571-6423-49c6-997e-7a7ed10828a7/CMA.html 9/23 5/22/2014 cpml.paragonrels.com/PublinWDocManager/CPMU7/b40e1571-6423-49cFr997�7a7ed10828a7/CMA.html This Analysis Has Not Been Performed In Accordance Witi�The Uniform Standards Of Professional Appraisal Practice which Require Valuers To Act As Unbiased, Disinterested Third Parties W ith Impartiality,Objectivity And Independence And without Accomodation Of Personal Interest It Is Not To Be Considered As An Appra'isal And May Not Be Used As Such For Any Purpose. http://cpml.parag onrel s.corr�Publ i nWDocM anag er/C PM L/7/b40e1571-642�49c6-997e-7a7ed10828a7/C MA.html 10/23 5/22/2014 cpml.paragonrels.com/PublinWDocManager/CPMU7/b40e1571-6423-49cCr997e�7a7ed10828a7/CMA.html j-=� �- �� ,�; ,; b �� y,� .� �. . . . .:� ✓�S�,j:E ..��# '1 �J� � . . � 4 � --� �. ��:;- - - - ° �., :r .- , ��.� II� � 4,. k� "'t! � �if e� i•'4' " r . �� . � w � Ya. ._.e . , . ,; :.,. , . �, * € . .. _...� .� a . . - '�h.� :� i � .•. ; .. � . � . ,��^' '... _�.- '"� �: ,r.:'-s-. h �._.t � s. . ,��. ,.,�j , . . ii��14{YiR�A�� ... . �.' t �-:. . . . - ' MLS# Subj Prop 10239456 10253223 10240888 10242592 ............................................................................................................................................................................................................................... .............................................. List Price $127,900 $59,900 $92,400 $94,9D0 ................................................................................................................................................................................................................................................................................. Address 519 N Bedford Street 351 EAST LOUTHER STREET 158 Elm Street 225 N Bedford St .............................................................................................................................................................................................................................................................................. City Carlisle Carlisle Carlisle Carlisle ................................................................................................................................................................................................................................................................................ SquareFeetAbove 1,469 1,420 1,204 1,334 Grade ................................................................................................................................................................................................................................................................................. Original Price $127,900 $59,900 �94,900 $119,900 ................................................................................................................................................................................................................................................................................. Price $127,900 $59,900 �89,500 $87,000 ......................................................................................................................................._:................................................................................................................_...................... Sold Price $89,500 $87,000 ................................................................................................................................................................................................................................................................................. DaysOn Market 199 7 57 199 ...................................................._.............._......................_..............._...........__.........._..................................................................................................................._................... Acres 0.0900 0.0500 0.04Q0 0.0500 ................................................................................................................................................................................................................................................................................ #Bedrooms 3 3 3 3 ................................................................................................................................................................................................................................................................................ #of Half Baths 1 0 0 0 ............................................................................................._..........,.._............................................................................................_.................................................................... #of Full Baths 1 1 1 1 ................................................................................................................................................................................................................................................................................ #of Fireplaces 0 0 1 ............................................................................................................................................................................................................................................................................... Price/SqFt Abv G $87.07 $42.18 574.34 $65.22 .................._........................_..........................................................................__.........._..................................................................._......................................._............................ .�'�',��3�`��$°��:�: Square FeetAbove $0 $1,715 $9,275 $4,725 Grade .............._.......................... ._.._................._..........................._.........................._...................................................._._.........................._.................._................................._...... #of Half Batfis $0 $1,250 �1,250 $1,250 ....................................._....._..................._......................................................_.........._..........................................._........................................................................................_. Off St Parking or $0 $2,500 50 ($1,500) Garage ................................................................................................................................................................................................................................................................................ Central AC $0 $4,000 $0 $4,000 ...................................:............................................................................................................................................................................................................................................. Acres $0 $0 $4,000 $4,000 ................................................................................................................................................................................................................................................................................ ��;��,�� $127,900 $69,365 $104,025 $99,475 .............................................._._................................................_...._.............................._.........................................._......................_.................................................................... http://cpml.paragonrels.com/PublinWDocManager/CPMU7/b40e1571-642�49c6-997e-7a7ed10828a7/CMA.html 11/23 5/22/2014 cpml.paragonrels.corr�PublinWDocManag er/CPM U7/b40e1571-6423-49cfr997�7a7ed10828a71CMA.htrnl This Analysis Has Not Been Performed In Accordance W ith The Uniform Standards Of Professional Appraisal Pracdce which Require Valuers To Act As Unbiased, Disinterested Third Parties W ith Impartiality,Objectivity And Independence And witi�out Accomodation Of Personal Interest.It Is Not To Be Considered As An Appraisal And May Not Be Usecl As Such For Any Purpose. http://cpml.paragonrels.corn�PublinWDocManager/CPML/7/b40e1571-6423-49cFr997e-7a7ed10828a7/CMA.html 12/23 5/22/2014 cpml.paragonrels.com/PublinWDocManager/CPMU7/b40e1571-6423-49cfr997e-7a7ed10828a7/CMA.html � ' ' �� .� . ��, r.�:..ar. , � . . r . '---- •�, i m � �'��"{t�'�� ' , . a� �� r� : �`s � ��'g� �� "� � � �+0 ��; - �q , �:1 �..�� " 1�:1 �E=� � �-� _ �� : � �� ' �.�. �H�� .. MLS# Subj Prop 10239456 10241694 10238040 ..................................................................._................................................................._.................................................................... List Price $127,900....... $79,900 .. ........$79,900 ......................................_......................._................... ........ ...................................................... Address 519 N Bedford Street 322 N Bedford Street 45 W BALTIMORE ST ..................................................................._.................................................................._.................................................................... City Carlisle Carlisle Carlisle .................................................._.............._..............................._...........__.................._........................................_................,......... Square Feet Above 1,469 1,376 1,464 Grade ..................................................................._................................................................._.................................................................... Original Price $127,900 $84,900 $83,900 ...................................._.. ................_............................................._.................................................................... Price $127,900 $79,000 $75,000 .................................................................._.................................................................._.................................................................... Sold Price $79,000 $75,000 ................................................................._.................................................................._........................................................_........... Days On Market 199 167 112 .................................................................._.................................................................._.................................................................... Acres 0.0900 0.0600 0.0900 .................................................................._.................................................................._.................................................................... #Bedrooms 3 3.. ............................................................3............................._..................... .................................................................._.. .. .............. #of Half Baths 1..............................................................1..... � ........................................................._.................................................................... #of Full Baths 1 1 1 .................................................................._.................................................................._.................................................................... #of Fireplaces 0 0 ................................................................._.................................................................._...................,................................................ Price/SqFt Abv G $87.07 $57.41 $51.23 ................................................................._................_...............,................................._.................................................................... .'��"�i��: SquareFeetAbove $0 �3,255 $0 Grade _..........................._.._.............................._........................_.................................._.._................................................................... #of Half Baths $0 $0 $1,250 .................................................................._.................................................................._.................................................................... Off St Parking or $0 $2,500 $2,500 Garage ..................................................................._.................................................................._.................................................................... Central AC $0 $4,000 $4,000 ...............................................:................._...............................................:................._.................................................:.._............... Acres $0 $3,000 $0 ................................................................._.................................................................._................._............................................_.... ,q��µ;,�� $127,900 $91,755 $82,750 �rai.°v .................................................................._.................................................................._.................................................................... �:+?b�.r;�3�,CtG��uiiCf3�"'�"1�'%:�^�.r,:3�oi�:.5 HIGH LOW AVERAGE MEDIAN LP: $99,900 $59,900 $87,475 $93,650 SP: $89,500 $75,000 $82,625 $83,000 http://cpml.paragonrels.com/PublinWDocManager/CPML/7/b40e1571-6423-49c6-997e-7a7ed10828a7/CMA.html 13/23 5/22/2014 cpml.parag onrels.comlPubli nWDocManag er/CPM U7/b40e1571-642349c6-997�7a7ed10828a7/CMA.html This Analysis Has Not Been Performed In Accordance W ith The Uniform Standards Of Professional Appraisal Practice which Require Valuers To Act As Unbiased, Disinterested Third Parties W ith ImparBality,Objectivity And Independence And without Accomodation Of Personal Interest It Is Not To Be Considered As An Appraisal And May Not Be Used As Such For Any Purpose. http://cpml.paragonrels.corr�PublinWDocManager/CPMU7/b40e1571-6423-49cFr997�7a7ed10828a7/CMA.html 14/23 5/2?J2014 cpml.paragonrels.corr�PublinWDocManager/CPML/7/b40e1571-6423-49c6-997�7a7ed10828a7/CMA.html 3 r ad� � j , ''{ i r _ .. .» .� . 1 ., T�3 _ , . � � _ _ . 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G- .. ...J HIGH LOW AVERAGE M EDIAN LP: $99,900 $59,900 $87,475 $93,650 SP: $89,500 $75,000 $82,625 $83,000 ;t.�.S3�u]";i:lx�'-d�C$i�12 ADDRESS MLS# Status Sale/Rent Acres SqFt DOM LP ��Sq� SP ��Sq� Abv G Abv G Abv G 400 N Bedford 10251850 ACT For Sale 0.0500 1,392 31 $99,900 $71.77 154 E Penn Street 10252993 ACT For Sale 0.0600 1,200 15 $97,900 $81.58 145 Cedar Street 10251445 ACT For Sale 0.0400 1,542 38 $95,000 $61.61 351 EAST LOUTHER STREET 10253223 ACT For Sale 0.0500 1,420 7 $59,900 $42.18 Total Listings Avg Avg Avg Avg Avg 4 22 $88,175 $64.29 �?��y�ri��-�c�� ADDRESS MLS# Status Sale/Rent Acres SqFt DOM LP ��Sq� SP ��Sq� Abv G Abv G Abv G 45 W BALTIMORE ST 10238040 SLD For Sale 0.0900 1,464 112 $79,900 $54.58 $75,000 $51.23 322 N Bedford Street 10241644 SLD For Sale 0.0600 1,376 167 $79,900 $58.07 $79,000 $57.41 225 N Bedford St 10242592 SLD For Sale 0.0500 1,334 199 $94,900 $71.14 $87,000 $65.22 158EImStreet 10240888 SLD ForSale 0.0400 1,204 57 $92,400 $76.74 $89,500 $74.34 Total Listings Avg Avg Avg Avg Avg 4 133 $86,775 $65.13 $82,625 $62.05 This Analysis Has Not Been Performed In Accordance With The Uniform Siandards Of Professional Appraisal Prac6ce which Require Valuers To Act As Unbiased, Disinterested Third Parties With Impartiality,Objectivity And Independence And witfiout Accomodation Of Personal Interest It Is NotTo Be Considered AsAn http://cpml.paragonrels.comlPublinWDocManager/CPML/7/b40e1571-6423-49c6-997e-7a7ed10828a7/CMA.html 15/23 5/22/2014 cpml.parag onrels.corrdPubli nWDocManag er/CPM L!1/b40e1571-6423-49c6-997�7a7ed10828a7/CMA.html Appraisal And May Not Be Used As Such For Any Purpose. http://cpml.parag onrels.com/Publ inWDocManag er/CPM L/7/b40e1571-642�49c6-997e-7a7ed10828a7/CMA.html 16/23 5/22/2014 cpml.parag onrel s.com/Publ i nWDocM anag er/C PM U7/b40e1571-6423-49c6-997e-7a7ed10828a7/CMA.html . � , � �; � i�� '�� _� � ,�� ,� �.. . _� : , _��'_.. . . � _4 __ � 1�QaC�O-- , � , � � ; � � � � � � � �ooa-- --- ----------------;--- - ----------------;---- ---------------;-------------------------- ------- , , , , ; , ; � ; , ; , sa000-- --- - ' ----------------;---- — - ---------------;--------------------------------- ------------------- � , , ; , ; , � , ; ; , ; ��oao-- --- -------------------- ----------------;---- ----------------;---------------------------------- , , ; ; ; , ; ; ; , , ; , , soo�o-- --- -------------------- ----------------;---- ---------------T--- ---------------- , , ; ; ; , � � � Li�t Prir,E �aooa-- --- ----------------;--- ----------------,---- ---------------;--- ---------------- � ; : , ; : ; ; ; , ��o�o-- --- ----------------,--- ----------------;--- ---------------;--- ---------------- , , ; ; � , , ;, ; ; ; 300Q0-- --- � � � ----------------t--- ----------------i---- ----------------�--- ---------------- � � ' � � � � � � � � � � � �OOQO__ ___ � _____________________ _______________T___ ________________ ----------------;--- � � � � � � � ; � , , ; ; � �ocu�a-- --- ----------------;--- - ----------------;---- ---------------;--- ---------------- , , , � ; , ; , ; ; ; � ; ; ; � 4�46 n brdford 15"e penn str�t 1'-'5 cc-�far str�t 351�ast lauther stre�t Active Pro erties Total# of Listings 4 Lowest List Pr�ce $59,900.00 Average L'�st Pr�ce $88,175.00 Highest L'�st Price $99,900.00 Average Price/SqFt Abv G $64,29 Average Days On Market 22 This Analysis Has Not Been Performed In Accordance W ith The Uniform Standards Of Professional Appraisal Pracdce which Require Valuers To Act As Unbiased, Disinterested Third Parties With Impardality,Objectivity And Independence And without Accomodation Of Personal Interest.It Is NotTo Be Considered AsAn http://cpml.parag onrel s.corNPubl i nWDocM anag er/C PM L/7/b40e1571-642�49cCr997e-7a7ed10828a7/C MA.html 17/23 5/2?J2014 cpml.paragonrels.com/PublinWDocManager/CPML/7/b40e1571-6423-49c6-997�7a7ed10828a7/CMA.html Appraisal And May Not Be Used As Such For Any Purpose. �`'' y' :� i '., �� t j._ S I.''' ' d 1 :�'?��Yf �.I .. .,..� 33.. �_x.�,,. e� a .. .. _i� .� ._ __ _ _ . _. _ .�. 1 G(1(.�('t0-- � � � � � � � ; � � � � � � 900L�0-- --- ---;--- ----------------;---------------------------------;---------------------------------- � � � � � � � � � � 8L+at30-- --- ---:--- ---;---- ---------------T--- ---------------- � � i p� .,li' � i � � � � � � � � � � _ � � � t�Q00-- --- ---�--- ---i---- ---�---- --- � � � � � � � � �+�+,�y � � � Qil4JOQ__ ___ ___'___ ___;____ ___T___ ___ � � ' � ' List Price � � � � � � 5�006-- --- ---'s--- ---;--- ---;--- --- Sold Price � � � � � � � � � � � , , �I�(}(��(�__ ___ ��_T_�_ �� T�� Wvv 1 1 1 1 1 1 1 1 1 1 1 1 � 1 1 1 1 1 1 1 3{}QQO-- --- ---;--- ---;---- ----�--- - --- � � � � , � � � � � -yr��n � LilVWO__ ___ .__t___ __.�-___ ___T___ ___ i i i � � i � � i � � i /�/��y i � i 1VVUV" "' "'i"' "'i"'_ "'i"' '_' i i i � � � i � � i � � i � i i i i � 15$Elm str�t 2�5 n bsafor�$t 3�2 r�b�€iford str�t �5 vr baltimore st Sold Properties Total # of L'�stings 4 ILowest List Price $79,900.00 Average L'�st Pr�ce $86,775.00 Highest List Price $94,900.00 Lowest Sold Pr�ce $75,000.00 Average Sold Price $82,625.00 � Highest Sold Price $89,500.00 Average Price/SqFt Abv G $62.05 Average Days On Market 133 http://cpml.parag onrel s.comlPubl i nk/DocM anag er/C PM L/7/b40e1571-6423-49c6-997�7a7ed10828a7/C MA.html 18/23 5/22/2014 cpml.paragonreis.com/Publink/DocManager/CPML/7/b40e1571-6423-49c6-997�7a7ed10828a7/CMA.htrrd This Analysis Has Not Been Performed In Accordance W ith The Uniform Sfiandards Of Professional Appraisal Practice which Require Valuers To Act As Unbiased, Disinterested Third Parties W ith Impartiality,Objectivity And Independence And without Accomodation Of Personal Interest It Is Not To Be Considered As An Appraisal And May Not Be Used As Such For Any Purpose. http://cpml.parag onrel s.corrdPubl inWDocM anag er/C PM U7/b40e1571-6423-49cCr997e-7a7ed10828a7/C M A.html 19/23 5/22/2014 cpml.paragonrels.com/PublinWDocManager/CPML/7/b40e1571-6423-49cCr997e-7a7ed10828a7/CMA.htmi E.��..l,d'y�4 �.� .. _. �� ?�-�..�r.s . , � .. . _ ,� _ � ��oaoa-- ; ; Yi��,c�-- -------------------------------------------------------------------±--------------------------------- ----------- -------------------- ; ; 1{}GQ00-- --------------------------------- --------------------�---------------------------------- ----------- -------------------- � � �aa-- --------------------------------- ------------ --------------------�-------------------- ----------- -------------------- ; ; ; �SI.IIJW__ �__�_��___�� _____�______ � _��T��_____ �_�________ '�""" i i J{��Q�-- - ------------ -------f------- -------- �O'u! � �H�YE�cdJ� 6�OpQ-- ------- ------------ -------i------- �High ; �Subj. Prop � �aaoa-- ------- ------------ -------�------- ----------- -------- ; , ; a.o�oo-- ------- ------------ -------� T_______ ___________ ________ i � i �.�5�.,�.,�y i J7.fVVV" """' � "'""'____"� """'�.'_"'�' "_""__" _"""' � i i 20400-- ------- ------------ -------i------- ----------- -------- � � 7000a-- ------- ------------ - -------�------- ----------- -------- ; ; , � cart3parable properties � ��ijust�properties Comparable Price Analysis Price Price/SqFt Abv G Low $59,900 $42.18 Average $85,400 $63.17 High $99,900 $81.58 Adjusted Price Analysis Adjusted Price Price/SqFt Abv G Low $69,365 $48,85 Average $95,215 $70.58 High $111,315 $92.76 Suggested List Price $85,400 This Analysis Has Not Been Performed In Accordance W ith The Uniform Standards Of Professional Appraisal Practice which Require Valuers To Act As Unbiased, Disinterested Third Parties W itt�Impardality,Objectivily And Independence And without Accomodation Of Personal Interest It Is Not To Be Considered As An http://cpml.paragonrels.corrdPublinWDocManager/CPML/7/b40e1571-642�49cCr997�7a7ed10828a7/CMA.html 20/23 5/22/2014 cpmi.parag onrels.corrdPublinWDocManag er/CPM L/7/b40e1571-642�49c6-997e-7a7ed10828a7/C MA.html Appraisal And May Not Be Used As Such For Any Purpose. http://cpml.paragonrels.corrJPublinWDocManagerlCPMU7/b40e1571-6423-49c6-997e-7a7ed10828a7/CMA.html 21/23 5/22/2014 cpml.parag onrel s.comlPubl i nWDocM anag er/C PM U7/b40e1571-6423-49c6-997e-7a7ed10828a7/C MA.htrnl , C�`r ? � � =5 .J �. 1 �'`�.�zin 3�� ._�. i � _1�w . �\�'° _ W S� �� \��Y Jt�. _ "__- � cr Gab ��{��4� _ _ � � - � '� � N � �4 � � �� lJ5�rrss�44'ar£oltege C`� ;� ' g St 2 �j c�'� CARi15LE 9�m� � i' ��t BiUtR�0.C�CS ¢� a ,,1 � l3S,�trl��r b'J�r o<`` � � � �c�9-�arl�sf� ��t'�� ,,-r ��.� ._- -- —��-- _ --_,. Sarr��{cs �, Nhdr�rt65t .°' .,"' - __.--,_._ _.___,.-� m .�O''-� ��__,;� � - O --' � �� E t�„rth 5t —_- � -:_ � - -_ .-�R ...—.- � � � � � �� . ___ _ _ - w k� r, o;�k�n5o� ', : -� s st-_ ,� c��t�� :`6a�; :��wn�TOVJtv ` y t - �_ E Fiigh St - . - � � � i-�� _-�� - ___ v W 5outh 5� ,� - � q €�oir�t�t ��Sauih 5� [arliste �;��y.r � �:et�rt 5eve� niaza �1'nit� � P��: ��b�€s � �, �` �arlt �7dvj � � �-� - _ -.«`: �+ v � � . � � �';��S�d��t n �� Z °�'-� o�� cn �,� d=,�: � , �o �.,....._M Q �, .�,:��` �� i 3q �,�. +��`r y � �� , ,_�� ,..�.. , , � _ ,��=�'"'� .• � 47A�aTB�m«`�°.. � �5 - �� , , �,.�.�. 17+� .; ' Meals-�� t1 '[7��a5, - p 2��.4 i.1i:ros�fr CorF�+razi�r-8�J�3 Naku l� Map No. MLS# Address City/State/Zip Price . 1 Sub. Property 519 N Bedford Street Carlisle PA 17013 $127,900 2 10251850 400 N Bedford Carlisle PA 17013 $99,900 3 10252993 154 E Penn Street Carlisle PA 17013 $97,900 4 10251445 145 Cedar Street Carlisle PA 17013 $95,000 5 10253223 351 EAST LOUTHER STREET Carlisle PA 17013 $59,900 6 10240888 158 Elm Street Carlisle PA 17013 $89,500 7 10242592 225 N Bedford St Carlisle PA 17013 $87,000 8 10241644 322 N Bedford Street Carlisle PA 17013 $79,000 9 10238040 45 W BALTIMORE ST Carlisle PA 17013 $75,000 This Analysis Has Not Been Performed In Accordance W ith The Uniform Standards Of Professional Appraisal Practice which Require Valuers To Act As Unbiased, Disinterested Third Parties W ith Impartiality,Objecdvity And Independence And without Accomodation Of Personal Interest It Is Not To Be Considered As An http://cpml.paragonrels.corrdPublinWDocManager/CPMLl7/b40e1571-642�49c6-997�7a7ed10828a7/CMA.html 22/23 5/22/2014 cpml.parag onrels.com/PublinWDocManag er/CPM L/7/b40e1571-6423-49c6-997e-7a7ed10828a7/CMA.htrrd Appraisal And May Not Be Used As Such For Any Purpose. http://cpml.parag onrel s.corrdPubl i nWDocM anag er/C PM L/7/b40e1571-6423-49c6-997e-7a7ed10828a7/C MA.html 23/23