Loading...
HomeMy WebLinkAbout12-30-14 (4) .J REV-1500 EX(02-11) 1505610143 R`" OFFICIAL USE ONLY PA Department of Revenue pennsylvania County Code Year File Number Bureau of Individual Taxes DEPARTMENT OF REVENUE PO BOX.280601 INHERITANCE TAX RETURN 21 14 00470 Harrisburg,PA 17128-0601 RESIDENT DECEDENT ENTER DECEDENT INFORMATION BELOW Social Security Number Date of Death Date of Birth 03 29 2014 01 10 1922 Decedent's Last Name Suffix Decedent's First Name MI HEISLER CURTIS D (If Applicable)Enter Surviving Spouse's Information Below Spouse's Last Name Suffix Spouse's First Name MI HEISLER LENA K Spouse's Social Security Number THIS RETURN MUST BE FILED IN DUPLICATE WITH THE REGISTER OF WILLS FILL IN APPROPRIATE OVALS BELOW ® 1. Original Return ❑ 2. Supplemental Return ❑ 3.Remainder Return(Date of Death Prior to 12-13-82) ❑ 4. Limited Estate ❑ 4a.Future Interest Compromise ❑ 5. Federal Estate Tax Return Required (date of death after 12-12-82) ® 6 Decedent Died Testate ❑ 7. Decedent Maintained a Living Trust 8. Total Number of Safe Deposit Boxes (Attach Copy of Will) (Attach Copy of Trust) ❑ 9. Litigation Proceeds Received ❑ 10.Spousal Poverty Credit(Date of Death ❑ 11.Election to tax under Sec.9113(A) between 12-31-91 and 1-1-95) (Attach Schedule O) CORRESPONDENT-THIS SECTION MUST BE COMPLETED.ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SHOULD BE DIRECTED TO: Name Daytime Telephone Number DEBRA K WALLET 717 737 1300 REGISTER OF WILLS USF_QNLY C-3 First Line of Address O rrt. -> k= G7 24 NORTH 32ND STREET rn r n cn X > r--- W --I M Second Line of Address -Y- i O j City or Post Office State ZIP Code DATE�_�ILrEb ri CAMP HILL PA 17011 ry r— M Q �." C!l Correspondent's e-mail address: walletdeb@aol.com Under penalties of perjury,I declare that I have examined this return,including accompanying schedules and statements,and to the best of my knowledge and belief, it is true,correct and complete.Declaration of preparer other than the personal representative is based on all information of which preparer has any knowledge. SIGNATILRE OF PERSON RESP NSIBLE FOR FILING RETURN DATE ---? / Lena K. Heisler DRE S 329 Walton Street, Lemoyne, PA 17043 SIGNATURE OF PREPARER OTHER THAN REPRESENTATIVE DATE w4e,�,,K, I„J",,4- Debra K Wallet I),I;Lu 14 ADDRESS Law Offices of Debra K.Wallet 24 North 32nd Street, Camp Hill, PA 17011 Side 1 1505610143 1505610143 �� 1505610243 REV-1500 EX Decedent's Social Security Number Decedent's Name: H E I S L E R, C U R T I S D. RECAPITULATION 1. Real Estate(Schedule A).......................................................................................... 1. 138 , 000 . 00 2. Stocks and Bonds(Schedule B)............................................................................... 2. 789 . 42 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. 507 . 36 6. Jointly Owned Property(Schedule F) ❑ Separate Billing Requested............. 6. 7. Inter-Vivos Transfers&Miscellaneous Non-Probate Property (Schedule G) ❑ Separate Billing Requested............. 7, 45 , 702 . 61 8. Total Gross Assets(total Lines 1 through 7).......................................................... 8. 184 , 999 . 39 9. Funeral Expenses and Administrative Costs(Schedule H)..................................... 9. 20 , 290 . 71 10. Debts of Decedent,Mortgage Liabilities and Liens(Schedule 1)............................. 10. 2 202 . 36 11. Total Deductions(total Lines 9 and 10).................................................................. 11. 22 , 493 . 07 12. Net Value of Estate(Line 8 minus Line 11)............................................................. 12. 162 , 506 . 32 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. 162 , 506 . 32 TAX COMPUTATION-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.00 46 , 799 . 39 15. 0 . 00 16. Amount of Line 14 taxable at lineal rate X .045 16. 17. Amount of Line 14 taxable at sibling rate X .12 115 , 706 . 93 17. 13 , 884 . 83 18. Amount of Line 14 taxable at collateral rate X .15 18. 19. TAX DUE................................................................................................................... 19. 13 , 884 . 83 20. FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT. ❑ Side 2 1505610243 1505610243 REV-1500 EX Page 3 File Number 21 - 14 - 00470 Decedent's Complete Address: DECEDENT'S NAME Heisler, Curtis D. STREET ADDRESS 329 Walton Street CITY STATE ZIP Lemoyne PA 17043 Tax Payments and Credits: 1. Tax Due(Page 2,Line 19) (1) 13,884.83 2. Credits/Payments A. Prior Payments B. Discount Total Credits(A +B) (2) 0.00 3. Interest (3) 0.00 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) 13,884.83 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;.................................................................................. ❑ Ox b. retain the right to designate who shall use the property transferred or its income;.................................... ❑ Ix c. retain a reversionary interest;or.................................................................................................................. d. receive the promise for life of either payments,benefits or care?.............................................................. 1-1 1x 2. If death occurred after Dec. 12, 1982, did decedent transfer property within one year of death without receiving adequate consideration?....................................................................................................................... ❑ Ix 3. Did decedent own an"in trust for" or payable upon death bank account or security at his or her death?......... ❑ lx 4. Did decedent own an individual retirement account,annuity,or other non-probate property which contains a beneficiary designation?...................................................................................................................... IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS YES,YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETURN. 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)(u)]. 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[72 P.S.§9116(a)(1.3)1. 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. pennsylvania SCHEDULE A DEPARTMENT OF REVENUE INHERITANCE TAX RETURN REAL ESTATE RESIDENT DECEDENT FILE NUMBER ESTATE OF Heisler, Curtis D. 21 - 14-00470 All real property owned solely or as a tenant in common must be reported at fair market value.Fair market value is defined as the price at which property would be exchanged between a willing buyer and a willing seller, neither being compelled to buy or sell, both having reasonable knowledge of the relevant facts. Real property 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 decedent's interest if owned as tenant in common. ITEM DESCRIPTION VALUE AT DATE OF NUMBER DEATH 1 334-336 Walton Avenue, Lemoyne, PA 17043 (based on attached appraisal) 138,000.00 TOTAL(Also enter on Line 1, Recapitulation) 138,000.00 REV-1603 EX+(6.98) SCHEDULE B COMMONWEALTH OF PENNSYLVANIA STOCKS & BONDS INHERITANCE TAX RETURN RESIDENT DECEDENT FILE NUMBER ESTATE OF Heisler, Curtis D. 21 - 14-00470 All property jointly-owned with right of survivorship must be disclosed on Schedule F. ITEM DESCRIPTION UNIT VALUE VALUE AT DATE OF NUMBER DEATH 1 US Savings Bond (redemption value-see attached Request for Payment) 789.42 TOTAL(Also enter on line 2, Recapitulation) 789.42 pennsylvania SCHEDULE E DEPARTMENT OFCASH BANK DEPOSITS AND MISC. EVENUE RET INHERITANCE TAXAXRETURRNN � RESIDENT DECEDENT PERSONAL PROPERTY FILE NUMBER ESTATE OF Heisler, Curtis D. 21 - 14-00470 Include the proceeds of litigation and the date the proceeds were received by the estate.All property jointly-owned with the right of survivorship must be disclosed on schedule F. ITEM DESCRIPTION VALUE AT DATE OF NUMBER DEATH 1 Comcast refund 139.31 . 2 Verizon refund 114.63 3 Sam's Club refund 47.79 4 Wind up grandfather clock 200.00 5 Clothing (donated to charity) 0.00 6 Cash in possession of Decedent 5.63 TOTAL(Also enter on Line 5, Recapitulation) 507.36 REV-1610 EX+(08-09) pennsylvania DEPARTMENT OF REVENUE SCHEDULE G INHERITANCE TAX RETURN INTER-VIVOS TRANSFERS & RESIDENT DECEDENT MISC. NON-PROBATE PROPERTY ESTATE OF Heisler, Curtis D. FILE NUMBER 21 - 14-00470 This schedule must be completed and filed if the answer to any of questions 1 through 4 on page 2 is yes. ITEM DESCRIPTION OF PROPERTY DATE OF DEATH %OF EXCLUSION TAXABLE VALUE NUMBER Include the name of the transferee,their relationship to decedent VALUE OF ASSET DECD'S (IF APPLICABLE) and the date of transfer. Attach a copy of the deed for real estate. INTEREST 1 Edward Jones IRA Account#896-98436-1-7 45,702.61 100% 45,702.61 i i I i I 45,702.61 TOTAL(Also enter on line 7, Recapitulation) REV-1511 EX+(10-09) pennsylvania � SCHEDULEH r DEPARTMENT OF REVENUE Vl�EXIMSO AND INHERITANCE TAX RETURN AMNISTpAWE RESIDENT DECEDENT /�VJIII��1Y �IV'1 COM FILE NUMBER ESTATE OF Heisler, Curtis D. 21 - 14-00470 Decedent's debts must be reported on Schedule I. ITEM NUMBER FUNERAL EXPENSES: DESCRIPTION AMOUNT A. 1 Geigle Funeral Home 8,143.32 2 Reverend Gordon Lewis 100.00 3 Funeral luncheon at church 150.00 B. ADMINISTRATIVE COSTS: 1, Personal Representative's Commissions Name of Personal Representative(s) Lena K. Heisler 1,500.00 Street Address 329 Walton Street city Lemoyne State PA zip 17043 Year(s)Commission Paid 2015 2. Attorney's Fees Debra K. Wallet, Esq. 2,500.00 3, Family Exemption: (If decedent's address is not the same as claimant's,attach explanation) Claimant Street Address City State Zip Relationship of Claimant to Decedent 4. Probate Fees 353.50 5. Accountant's Fees 6. Tax Return Preparer's Fees 7. Other Administrative Costs 1 Postage, photocopies, etc. 40.00 See attached 7,503.89 TOTAL(Also enter on line 9, Recapitulation) 20,290.71 Sch3dLde H COMMONWEALTH OF PENNSYLVANIA FtmrW Bprism& INHERITANCE TAX RETURN AdT**sbvM0osts=*ntjed RESIDENT DECEDENT ESTATE OF Heisler, Curtis D. FILE NUMBER F21 - 14 '00470 2 Mark Heckman Real Estate Appraisers 550.00 3 Faith A. Nicola, Tax Collector(2014-15 school taxes) 2,434.14 4 PA American Water-rental property 551.99 5 Lemoyne Borough - rental property 846.80 6 Penn Waste- rental property 43.50 7 Sadler Oil - rental property 152.46 8 Hecks Chimney Sweep-rental property 1,150.00 9 Sadler Oil - rental property heating repair 900.00 10 Goodwill Mutual Casualty Co. -rental property insurance 790.00 11 Deed transfer fees 85.00 Page 2 of Schedule H pennsylvania SCHEDULE DEPARTMENT OF REVENUE DEBTS OF DECEDENT MORTGAGE INHERITANCE TAX RETURN RESIDENT DECEDENT LIABILITIES & LIENS FILE NUMBER ESTATE OF Heisler, Curtis D. 21 - 14-00470 Report debts incurred by the decedent prior to death that remained unpaid at the date of death, including unreimbursed medical expenses. ITEM DESCRIPTION AMOUNT NUMBER 1 Craig Diehl, Esq. 138.00 2 East Pennsboro Ambulance 4.50 3 West Shore Ambulance 88.45 4 Heartland Pharmacy 29.28 5 Quantum Imaging 42.60 6 Camp Hill Emergency Physicians 36.12 7 Dr. Kartu Trath 41.41 8 Community Life Transport 40.00 9 UGI 11.92 10 PP&L 107.95 11 PA American Water 88.97 12 Verizon 152.48 13 Lemoyne Borough -sewer bill 118.00 14 2013 Lemoyne Borough local income taxes 190.00 15 Holy Spirit Hospital 1,094.40 16 Adult Medicine and Anesthetics 18.28 TOTAL(Also enter on Line 10, Recapitulation) 2,202.36 REV-1513 EX+(01-10) pennsylvania SCHEDULE J DEPARTMENT OF REVENUE INHERITANCE TAX RETURN BENEFICIARIES RESIDENT DECEDENT ESTATE OF Heisler, Curtis D. FILE NUMBER 21 - 14-00470 RELATIONSHIP TO SHARE OF ESTATE AMOUNT OF ESTATE NUMBER NAME AND ADDRESS OF PERSON(S) DECEDENT (Words) ($$$) RECEIVING PROPERTY Do Not List Trustee(s) I� TAXABLE DISTRIBUTIONS[include outright spousal distributions and transfers under Sec.§116(a)(1.2)] 1 Lena K. Heisler Wife 100% of residuary 329 Walton Street Estate Lemoyne, PA 17043 2 Miles Heisler Brother wind up grandfather 421 Laidacker Road clock; 334/336 Milton, PA 17847 Walton Av., Lemoyne, PA Enter dollar amounts for distributions shown above on lines 15 through 18 on Rev 1500 cover sheet,as appropriate. IIS NON-TAXABLE DISTRIBUTIONS: A.SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT TAKEN B.CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS 1 2 3 TOTAL OF PART II-ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET 0.00 3&st Pill am� ajeot-amvrmt OF CURTIS D. HEISLER I, CURTIS D. HEISLER, of Lemoyne, Cumberland County, Pennsylvania, being of sound and disposing mind, memory and understanding, do make, publish and declare this to be my Last Will and Testament hereby revoking and making void all previous Wills and Codicils heretofore made by me. FIRST i The expenses of my last illness and funeral shall be paid from the property of my s. estate. I also direct that all estate, inheritance, and other death taxes imposed by reason of my death shall be paid from the property of my estate. SECOND I give and bequeath the following property: (a) The sum of Five Thousand Dollars ($5,000.00) to TRINITY EVANGELICAL CONGREGATIONAL CHURCH of Fishing Creek, located in Harrisburg, Pennsylvania to be used solely for air conditioning purposes; (b) My China Closet to MARIE DANNER; (c) My wind-up Grandfather Clock to MILES HEISLER; .4 LAST WILL AND TESTAMENT OF CURTIS D.HEISLER (d) My real property situate at 334/336 Walton Avenue, Lemoyne, Pennsylvania to MILES HEISLER; (e) The sum of One Thousand Dollars ($1,000.00) to the SALVATION ARMY of Harrisburg, Pennsylvania; and (f) The sum of One Thousand Dollars ($1,000.00) to the BETHESDA MISSION of Harrisburg, Pennsylvania. THIRD I give, devise and bequeath the rest, residue and remainder of my estate, together with all insurance proceeds thereon of whatsoever nature and wheresoever situate to my beloved spouse, LENA K. HEISLER, providing that she survives me by thirty (30) days. FOURTH Should my spouse, LENA K. HEISLER, predecease me or die on or before the thirtieth (30th) day following my death, then I give, devise and bequeath the rest, residue and remainder of my estate together with all insurance proceeds thereon of whatsoever nature and wheresoever situate as follows: (a) My Mantel Clock, the two Marble Top Tables and Curio Cabinet and its contents to my brother, MILES HEISLER. Should MILES HEISLER predecease me or 'die on or before the sixtieth (601h day following my death, then I give, devise, and bequeath the Mantel Clock, the two Marble Page 2 of 7 i LAST WILL AND TESTAMENT OF CURTIS D. HEISLER Top Tables and Curio Cabinet and its contents to my niece, JILL SCOLARI; (b) My Bow Front China Closet to my niece, JILL SCOLARI; (c) My Howard Miller Grandfather Clock to my niece, JANET ATWOOD; (d) The rest, residue and remainder of my estate to my brother, MILES HEISLER. FIFTH I grant my personal representative the following powers in addition to and not in limitation of such powers as my personal representative shall hold by law: (a) To retain all property received including the stock of any corporate fiduciary acting hereunder, provided such property remains productive. (b) To join in any corporation, partnership, recapitalization, merger, reorganization or voting trust plan; to delegate authority with respect thereto; to deposit investments under agreements and pay assessments; and generally to exercise all rights of investors, including but not limited to, the voting of shares. (c) To manage, operate, repair, improve, mortgage or lease on any terms any real estate held or owned by my estate. (d) To operate any business that I may own at my death. (e) To invest any funds of my estate in any stocks, bonds, notes or other securities or property, real or personal, without regard to the principle of diversification or any other statute or general rule of lave in her absolute discretion, it being my intention Page 3 of 7 LAST WILL AND TESTAMENT OF CURTIS D.HEISLER to give my personal representative the broadest investment powers possible, providing such investments do not unnecessarily prevent the prompt settlement of my estate. (f) To sell or otherwise dispose of any property, real or personal, tangible or intangible, at any time forming a part of my estate in any manner and on such terms and conditions as my personal representative shall see fit in her absolute discretion. (g) To borrow money for the payment of taxes or for any other proper purposes in the administration of my estate, and to mortgage or pledge estate assets as security. (h) To compromise claims without court approval including, but not limited to, any controversies with the United States of America or the Commonwealth of Pennsylvania concerning estate and inheritance taxes on any interests that may pass under this my Last Will and Testament. (i) To distribute in cash or in kind upon any division or distribution of my estate. (j) To undertake any and all acts deemed necessary and proper by my personal representative for the proper, advantageous and prompt management of the settlement of my estate. (k) In general, to exercise all powers in the management of my estate which any individual could exercise in the management of similar property owned in his or her own right, upon such terms and conditions as to him or her may seem best and to execute and deliver all instruments and to do all acts which he or she deems necessary or proper to carry out the purposes of this, my Last Will and Testament. Page 4 of 7 LAST WILL AND TESTAMENT OF CURTIS D.HEISLER SIXTH No interest of any beneficiary of my estate, either in income or in principal, shall be subject to anticipation or pledge, assignment, sale or transfer in any manner, nor shall any beneficiary have the power in any manner to charge or encumber his or her interest either in income or principal, nor shall the interest of any beneficiary be liable or subject in any manner while in the possession of my personal representative for the liability of such beneficiary. SEVENTH I nominate, constitute and appoint my spouse, LENA K. HEISLER, as personal representative of this my Last Will and Testament. In the event my spouse is deceased, unable or unwilling to serve or shall cease to serve for any reason whatsoever, then I nominate, constitute and appoint MILES HEISLER as personal representative of this my Last Will and Testament. I direct that my personal representative shall not be required to give or post bond for the faithful performance of his or her duties in this or any other jurisdiction. IN WITNESS WHEREOF, I hereunto set my hand to this my Last Will and Testament this '�Y.y&L)'day of August, 2012. w WITNESS: CURTIS D. HEISLER Page 5 of 7 LAST WILL AND TESTAMENT OF CURTIS D. HEISLER ACKNOWLEDGMENT COMMONWEALTH OF PENNSYLVANIA SS. COUNTY OF CUMBERLAND I, CURTIS D. HEISLER, the Testator whose name is signed to the attached or foregoing instrument, having been duly qualified according to law, do hereby acknowledge that I signed and executed the instrument as my Last Will and Testament; that I signed it willingly, and that I signed it as my free and voluntary act for the purposes therein expressed. CURTIS D. HEISLER Sworn or affirmed and acknowledged before me by CURTIS D. HEISLER, the Testator, this dJ day of August, 2012. 111bTARY PUBLIC COMMONWEALTH OF EfrFqt,,SYLVAN[A F7T iZ A L-,-,- SEAL DEBRA A.FIKE,NOtary Public Greenwood Tyip,Perry County 4 Page 6 of 7 LAST WILL AND TESTAMENT OF CURTIS D.HEISLER AFFIDAVIT COMMONWEALTH OF PENNSYLVANIA SS. COUNTY OF CUMBERLAND WE, and 1,14 � ` the witnesses whose names are attached to the foregoing document, being duly qualified according to law, do depose and say that we were present and saw CURTIS D. HEISLER sign and execute the instrument as his Last Will and Testament; that he signed willingly and that he executed it as his free and voluntary act for the purposes therein expressed; that each subscribing witness in the hearing and sight of the Testator signed the Last Will and Testament as witnessed and that to the best of our knowledge the Testator was at the time eighteen (18) or more years of age, of sound mind and under no constraint or undue influence. « r Sworn or affirmed and subscribed before me by an Zil this P20Xd day of August, 2012. i, OTARY PUBLIC PENINSYLVAMA NOTARIAL SEAL - --� I-E3RA A.RKE,Notary PUblic %r ,Ca.cl«`ci.r.T ..:•,(r=iir.'LY!J�.CI�J...L�-:1_,? Page 7 of 7 r Mark Heckman Real Estate Appraisers 1309 Bridge Street, New Cumberland,PA 17070 r File No.334-336Walton f -- I I I I APPRAISAL OF I Multi Family Residential Property LOCATED AT: 334-336 Walton Avenue Lemoyne,PA 17043-2026 CLIENT: Debra K.Wallet,Esq./Lena K.Heisler,Executrix 24 N.32nd Street Camp Hill,PA 17011 I AS OF: March 29,2014 i I BY: I Gina Distefano,State Certified Residential Appraiser Commonwealth of Pennsylvania Certification No.RL138991 i I I j PH(717)774-7202 FAX(717)774-0383 EMAIL heckmanappraisers@comcast.net Mark Heckman Real Estate Appraisers Small Residential Income Property Appraisal Report File No. 334-336Walton The purpose of this appraisal report is to provide the client with a credible opinion of the defined value of the subject property,given the intended use of the appraisal. Client Name/Intended User Debra K.Wallet,Esq./Lena K.Heisler,Executrix E-mail • Client Address 24 N.32nd Street city Camp Hill State PA Zip 17011 Additional Intended Users Lena K.Heisler and her assigns Intended Use Fair Market Value for Inheritance Tax Purposes Property Address 334-336 Walton Avenue City Lemoyne State PA zip 17043-2026 Owner of Public Record Curtis D.Heisler County Cumberland Legal Description Deed Book: 0021 Z Pae No.: 00111 Assessor's Parcel If 12-22-0822-302 Tax Year 2014 R.E.Taxes S 3,194.00 Neighborhood Name Bortohof Lemo ne Ma Reference 12-22-0822-302 Census Tract 0 106.00 Property Rights Araised X Fee Simple Leasehold LJ Other describe My research U did LXJ did not reveal any 2rior sales or transfers of the subject property for the three years prior to the effective date of this appraisal. Prior Sale/Transfer: Date None within past three Price years, Sources Assessment Records Analysis of prior sale or transfer history of the subject property(and comparable sales,if applicable) Appraisers analysis shows no transfers for the subject property • in the past three years.Appraisers analysis shows no transfers for any of the comparable properties in the past year. Offerings,options and contracts as of the effective date of the appraisal None Known NelghbonhoatlGnaracteristics 'Z-4 Unit Housing Trends ', 2.4 Unit Horising Present Land Use-h- Locatson Urban X Suburban Rural Propert Values Increasin LXJ Stable Declinin PRICE AGE One-Unit 70 Built-up X Over 75% 25-75% Under 25% 1 Demand/Su Shorts e X In Balance Over Su I $(000) (yrs) 2-4 Unit 5% Growth LJRapid LXJ Stable LJ Slow ImarketingTime LJUnder3mths X 3-6mths Over6mths 50 Low 20 Multi-Family 5% Neighborhood Boundaries The subject is located in the Borough of Lemoyne.The neighborhood is bounded by: 350 High 150 Commercial 15% • Interstate 83 to the north and west the Susquehanna River to the east and the PA Turnpike to the south. 150 Fred. 80 Other Vacant 5% Neighborhood Description This suburban neighborhood has most public utilities available relatively easy access to employment and services " and is competitive with other neighborhoods in the general area. Most have similar amenities. Market Conditions(including support for the above conclusions) The local economy is expected to perform well in the foreseeable future and the neighborhood housing market should remain strong with moderate appreciation in prices. No substantial or rapid rise in mortgage rates is anticipated which might weaken the market. Dimensions 60 x 200 x 60 x 200 Area.28 Acre Shape Rectangular View Average S eciAc Zonin Classification Suburban Residential ZoningDescription Allows for current use as a single famil residential dwelling. Zonin Comliance I I Legal I XJ Legal Nonconforming Grandfathered Use No Zoning Ille al describe Is the highest and best use of the subject property as improved(or as proposed per plans and specifications)the present use? LXJ Yes No If No,describe. Utilities Public Other(describe) Public Other(describe) Off-site Improvernents—Type Public Private Electricity X 2 100 AMP Water X Street Asphalt X LJ Gas Li LJ Sanitary Sewer Xi Li Alley None LJ LJ Site Comments Site has average site improvements,average landscaping,and typical maintenance.The site improvements and services to the site are adequate and acceptable in this market.There are no apparent adverse easements,encroachments or other adverse conditions on this site. GENERAL DESCRIPTION FOUNDATION EXTERIOR DESCRIPTION: .` materials INTERIOR materials Units X Two CIThree UFour Concrete Slab Crawl Space Foundation Walls Concrete Floors Car et/Vln I/Ave LJ Accessory Unit describe below Full Basement LXJ Partial Basement Exterior Walls AluminumNin I Walls PIStr/D wall/Ave #of Stories 2 #of bid s.2 Basement Area 1,158 sq.ft. Roof Surface Shingle Trim/Finish Wood/Ave T e X Det. Att. S-Det./End Unit Basement Finish 0% Gutters&Dawns outs Aluminum Bath Floor Vinyl/Ave X Existin Pro osed I lUnderConst. outside Ent /Exit Sump Pump WindowType Double Hung Bath Wainscot Fiberglass/Ave Design(Style)Traditional/Ranch Evidence of Infestation Storm Sash/Insulated Yes car Storage Year Built 1900/1987 L I Dampness LJ Settlement Screens Yes None Effective A e Yrs 20 Heatlng)Cooling Amenities X 1 Attic None FWA FJHW ILI Radiant Fire laces#0 WoodStove s#0 Driveway Surface Asphalt Droci Stair Stairs X Other EIecBB Fuel Oil Patio/Deck Fence None Gara e #of Cars 0 �Rm'!d loor X Scuttle Central Air ConditioningPool None X Porch Front Carport #of Cars 0 Heated X Individual Other Other None Att. Det. Built-in lces Refri erator 2 Ran elOven 2 Dishwasher 0 Dis osal 0 Microwave 0 Washer/D er 0 Other describe . Unit#1 contains: 7 Rooms 3 Bedrooms 2 Baths 1 482 Square feet of Gross Living Area Unit#2 contains: 4 Rooms 2 Bedrooms 1 Baths 765 Square feet of Gross Living Area Unitif 3 contains: Rooms Bedrooms Baths Square feet of Gross Living Area Unit#4 contains: Rooms Bedrooms Baths Square feet of Gross Living Area Additional features Double Insulated windows added to the main house.8 year old vinyl flooring in kitchen and bath and 8 year old stove. Current rent:$795/month for the main house and$495/month for the rear unit. Rents do not include water and sewage. Rear unit burned down and was rebuilt in 1987 according to current tenant. Flooring in kitchen replaced approximately 5 years ago. Comments on the Improvements The improvements are of averse quality frame design and reflect average maintenance.No unusual functional obsolescence was observed.Utility floor plan is typical for a house of this age and style and should receive average acceptance in the market place. PraWxd using ACisdnvare.870.234.8727 rnmi—a mm Tlss ram Copdgln a 20052010 ACI DiHswnd ISO claims Scrxet Inc,Al Rgles Reserved. Page i d s (gPAR"')General Purpose Appraisal R In 0512010 T' GPARIOZ 1005262010 Mark Heckman Real Estate Appraisers Small Residential Income Property Appraisal Report File No. 334-336Walton The following properties represent the most current,similar,and proximate comparable rental properties to the subject property.This analysis is intended to support the opinion of the market rent for the subject property. FEATURE I SUBJECT COMPARABLE RENTAL NO.1 COMPARABLE RENTAL NO.2 COMPARABLE RENTAL NO.3 334-336 Walton Avenue 409 1/2 4th Street 219 Herman Avenue 201 Bosler Avenue Address Lemoyne New Cumberland Lemoyne Lemoyne Proximity to Subject - 0.82 miles NW 0.36 miles NNW 0.51 miles NNW Current Monthly Rent $ 1,290 - Is 1,400 Is 1,635 Is 1,100 Rent/Gross Bldg.Area $ 0.47 sq.ft. Is 0.63 sq,ft. Is 0.86 sq.fL Is 0.65 sq.fL Rent Control Yes ONO r7Yes W No 0 Yes LXJ No Oyes LXJ No Data Source(s) MLS/Public Record MLS/Public Record MLS/Public Record MLS/Public Record Date of Leases Monthly Unknown Unknown Unknown Location Suburban Suburban Suburban Suburban Actual Age 114+/-Years 104+/-Years 94+/-Years 94+/-Years Condition Average Average Average Average Gross Building Area 2716 s .ft. 2231 sq.ft 1910 s .ft. 1702+/-Years Rm Count Size Rm Count Size Rm Count Size Rm Count Size Unit Breakdown Monthly Rent Monthly Rent Monthly Rent Tot Br Ba Sq.Ft. Tot Br Be Sq.Ft. Tot Br Ba Sq.Ft. TotBr Ba 5.Ft. Unit#1 7 131 2 1,482 5 131 1 1,456 $ 825 4 2 1 1,214 $ 900 4 121 1 1,342 $ 600 Unit#2 4 2 1 765 4 121 775 $ 575 4 2 1 696 $ 735 3 1 1 360 $ 500 Unit#3 $ $ $ Unit#4 $ $ $ Utilities Included Water/Sewer Water/Sewer Water/Sewer Water/Sewer Analysis of rental data and support for estimated market rents for the individual subject units reported below(including the adequacy of the comparables,rental concessions,etc.) Rental data is sufficient in quality and quantity to support estimated market rents for the subject units. Rent Schedule:The appraiser must reconcile the applicalble indicated monthly market rents to provide an opinion of the market rent for each unit in the subject property. Leases Actual Rents 'O inion Of Market Rent - Lease Date Per Unit Total Per Unit Total Unit# Begin Date End Date Unfurnished Furnished Rents Unfurnished Furnished Rents 1 Monthly Monthly $ 795 8 $ 795 $ 900 $ $ 900 2 Monthly Monthly 495 495 600 600 3 4 Comment on lease data Total Actual Monthly Rent S 1,290 Total Gross Monthly Rent $ 1,500 Other Monthly Income itemize $ Other Monthly Income itemize $ Total Actual Monthl Income $ 1 290 1 Total Estimated Monthly Income $ 1,500 •• Utilities included in estimated rents U Electric X Water FX]Sewer FJGas 0 Oil Cable Trash collection t I Other(describe) Comments on actual or estimated rents and other monthly income(including personal property) Estimated rents are based on analysis of comparable rental data and are believed to be reasonable and supportive. COST APPROACHTO VALLIE Site Value Comments NotApplicable ESTIMATED 0 REPRODUCTION OR LJ REPLACEMENT COST NEW OPINION OF SITE VALUE........................................_$ Source of cost data Dwelling 2,716 Sq.Ft.@$ ..I........._$ 0 Quality rating from cost service Effective date of cost data Bsmt:1 158 Sq.Ft. Sq.Ft.@$ ............_$ 0 • Comments on Cost Approach(gross living area calculations,depreciation,etc. In view of thea a of these improvements,the Cost Approach Garage/Carport Sq.Ft.@$ ............_$ cannot be considered an accurate indicator of value. Total Estimate of Cost-New .............$ 0 Less Physical FunctionalExternal Depreciation I =$( 0) Depreciated Cost Of Improvements................................_$ 0 "As-is"Value of Site Improvements..........I....................._$ INDICATED VALUE BY COST APPROACH...................... _$ 0 The Appraiser hereby certifies that this report has been prepared in compliance within the Uniform Standards of Professional Appraisal Practice USPAP,that the appraiser is a disinterested party and that the value stated in this report is accurate to the best of the appraiser's ability,and this value has not been predetermined. Rrorluood usN ACI solrtruc.800.23/8121--b This for,Copyngl u 20052010 ACI 0 on d ISO Clams Sm—Inc.M Rgts Res-ud Page 2d 5 (gPAR")General Purpose Appra sal R7on 05/2010 GPAR1025 1005262010 Mark Heckman Real Estate Appraisers Small Residential Income Property Appraisal Report File No. 334-336Walton FEATURE SUBJECT COMPARABLE SALE NO.1 COMPARABLE SALE NO.2 COMPARABLE SALE N0,3 334-336 Walton Avenue 133 Hummel Avenue 608 3rd Street 616 Bosler Avenue Address Lemoyne Lemoyne New Cumberland Lemoyne Proximity to Sub"ect - 0.45 miles NNW 1.92 miles NW 0.53 miles WNW Sale Price $ C' $ 139,900 k S 130,000' $ 125,000 Sale Price/Gross Bldg.Area S 0.00 sq.ft $ 68.38 sq.ft $ 71.43 sq.ft $ 65.62 sq.ft Gross Months Rent $ 1,290 $ 1,425 $ 1,200 $ 1,300 Gross Rent Multiplier 98.18 98.18 108.33 96.15 Price Per Unit $ 65,000 $ 69,950 $ 65,000 $ 62,500 Price Per Room $ $ 15,544 $ 14,444 $ 12,500 Price Per Bedroom S $ 34 975 ` $ 32,500 S 25,000 Rent Control Yes X No Yes X No Yes X No Yes X No Data sources MLS/Tax Records MLS/Tax Records MLS/Tax Records verification sources Tax Records Tax Records Tax Records VALUE ADJUSTMENTS DESCRIPTION DESCRIPTION I +-Adjustment DESCRIPTION Adjustment DESCRIPTION )Adjustment Sale or Financing Conventional Cash Equivalent Conventional Concessions Closing Costs -720 None Known None Known Date of Sale/Time 10/16/2012 10/09/2013 01/13/2014 Location Suburban Suburban Suburban Suburban Leasehold/Fee Simple Fee Simple Fee Simple Fee Simple Fee Simple Site .28 Acre .12 Acre .12 Acre .27 Acre View Average Average Avera a Avera e Design(Style) Traditional/Ranch Traditional/Ranch Traditional/Ranch Traditional/Ranch Quality of Construction Average Good -4,000 Average Average • Actual Age 114+/-Years 108+/-Years 108+/-Years 92+/-Years Condition Average Good -4,000 Average Average Gross Buildincl Area 20.OC 2716 sq. 2046 sq...ft. 13,400 1820 sq.ft. 17,900 1905 sq.ft. 16,200 • Unit Breakdown Total Bmms. Baths Taal Berms. Baths Taal Bdrms. Baths Total Bti Baths Unit d l 7 3 2 5 2 1 +3,000 5 2 1 +3 000 6 3 1 +3,000 UnitS2 4 2 1 4 2 1 4 2 1 4 2 1 • UnitA3 Unit#4 _ Basement Description Partial Partial Partial Partial Basement Finished Rooms Unfinished Unfinished Unfinished Unfinished Functional Utility Avera a Avera a Average Average Heatin/ConlinHW/EIecBB/NoCA GaSHW/No CA GasFWA/C/Air -51000 HW/EIecBB/NoCA Energy Efficient Items None None None None Parkin On/Off site 1 Car Driveway 1 Car Det Gar -5,000 2 Car Det Gar -8,000 1 Car Det Gar -5,000 Porch/Patio/Deck Porch Porch Porch Porch Other None None None None Other None None None one Other None None None None Net Adjustment Total X + $ 2 680 X + $ 7 900 X + $ 14,200 Adjusted Sale Price INetAdj. d.9% i Net Adj. 6.1 % NetAdj. 19.4% of Comparables; Gross A N 21,5% $ 142,580 Gross Ad. 26.1% S 137,900 I.Gra3sAd', ,19-4% S 139,200 Ad.Price Per Unit (Ad.SP Com/w of Camp umh) $ 71,290 - - $ 68,950 - $ 69,600 Ad'.Price Per Room QAd'.SP Com/a a cam Rooms) $ 15 842 $ 15,3221- - $ 13,920 Ad'.Price Per Bdrm. (Ad'.SP Camp 11 or mp Bedrooms) $ 35!645 .. - $ 34,4751 $ 27,84V Summary or Sales Comparison Approach See Attached Addendum INCOME APPROACHTO VALUE `$ Estimated Monthly Market Rent$ 1 500.00 X Gross Rent Multiplier 100.00 -S 150,000 Indicated Value by Income Approach Summary of Income Approach(including support for market rent and GRM) Given the acceptable quality of available income data,the value indicated by the • Income Approach is a useful indication of the estimates market value of the subject roe •however the typical buyer for this property would live in the main home and either rent the smaller unit or use it as in-law quarters. Therefore the sales comparison approach is given greatest weight. Indicated Value by: Sales Comparison Aroach 5138,000 Cost Approach(if develo ed)$0 Income Approach(if develo ed)$150,000 See Attached Addendum This appraisal is made X "as is," El subject to completion per plans and specifications on the basis of a hypothetical condition that the improvements have been completed, •❑subject to the following repairs or alterations on the basis of a hypothetical condition that the repairs or alterations have been completed []subject to the following: See Attached Addendum Based on the scope ofwork,assumptions,limiting conditions and appraiser's certification,my(our)opinion of the defined value ofthe real property that is the subject ofthfs report is$ 138,000 asof 03/29/2014 ,which is the effective date of this appraisal. ���r„ Pro d yang AO sW-,80023/8121 w+ea to-b Trvs lam Cat,".-20052010 Act D-oo tl ISO Cla-Sav .Inc..M RgNs Res ad Page 3 015 (SPAR'-)General Purpose Appraisal Reood 0512010 GPAR1025_1005262010 Mark Heckman Real Estate Appraisers Mark Heckman Real Estate Appraisers Small Residential Income Property Appraisal Report File No. 334-336Walton Scope of Work,Assumptions and Limiting Conditions Scope of work is defined in the Uniform Standards of Professional Appraisal Practice as"the type and extent of research and analyses in an assignment."In short,scope of work is simply what the appraiser did and did not do during the course of the assignment.It includes,but is not limitedto:the extent to which the property is identified and inspected,the type and extent of data researched,the type and extent of analyses applied to arrive at opinions or conclusions. The scope of this appraisal and ensuing discussion in this report are specific to the needs of the client,other identified intended users and to the intended use of the report.This report was prepared for the sole and exclusive use of the client and other Identified intended users for the identified intended use and its use by any other parties is prohibited.The appraiser is not responsible for unauthorized use of the report. The appraiser's certification appearing in this appraisal report is subject to the following conditions and to such other specific conditions as are set forth by the appraiser in the report.All extraordinary assumptions and hypothetical conditions are stated in the report and might have affected the assignment results. 1.The appraiser assumes no responsibility for matters of a legal nature affecting the property appraised or title thereto,nor does the appraiser render any opinion as to the title,which is assumed to be good and marketable.The property is appraised as though under responsible ownership, - 2.Any sketch in this report may show approximate dimensions and is included only to assist the reader in visualizing the property.The appraiser has made no survey of the property. 3.The appraiser is not required to give testimony or appear in court because of having made the appraisal with reference to the property in question,unless arrangements have been previously made thereto. 4. Neither all,nor any part of the content of this report,copy or other media thereof(including conclusions as to the property value,the identity of the appraiser,professional designations, or the firm with which the appraiser is connected),shall be used for any purposes by anyone but the client and other intended users as identified in this report,nor shall it be conveyed by anyone to the public through advertising,public relations,news,sales,or other media,without the written consent of the appraiser. 5.The appraiser will not disclose the contents of this appraisal report unless required by applicable law or as specified in the Uniform Standards of Professional Appraisal Practice. 6.Information,estimates,and opinions furnished to the appraiser,and contained in the report,were obtained from sources considered reliable and believed to be true and correct. However,no responsibility for accuracy of such items furnished to the appraiser is assumed by the appraiser. 7.The appraiser assumes that there are no hidden or unapparent conditions of the property,subsoil,or structures,which would render it more or less valuable.The appraiser assumes no responsibility for such conditions,or for engineering or testing,which might be required to discover such factors.This appraisal is not an environmental assessment of the property and should not be considered as such. 8.The appraiser specializes in the valuation of real property and is not a home inspector,building contractor,structural engineer,or similar expert,unless otherwise noted.The appraiser did not conduct the intensive type of field observations of the kind intended to seek and discover property defects.The viewing of the property and any improvements is for purposes of developing an opinion of the defined value of the property,given the intended use of this assignment.Statements regarding condition are based on surface observations only.The appraiser claims no special expertise regarding issues including,but not limited to:foundation settlement,basement moisture problems,wood destroying(or other)insects,pest infestation, radon gas,lead based paint,mold or environmental issues.Unless otherwise indicated,mechanical systems were not activated of tested. This appraisal report should not be used to disclose the condition of the property as it relates to the presence/absence of defects.The client is invited and encouraged to employ qualified experts to inspect and address areas of concern.If negative conditions are discovered,the opinion of value maybe affected. Unless otherwise noted,the appraiser assumes the components that constitute the subject property improvement(s)are fundamentally sound and in working order. Any viewing of the property by the appraiser was limited to readily observable areas.Unless otherwise noted,attics and crawl space areas were not accessed.The appraiser did not move furniture,floor coverings or other items that may restrict the viewing of the property. 9.Appraisals involving hypothetical conditions related to completion of new construction,repairs or alteration are based on the assumption that such completion,alteration or repairs will be competently performed. 10.Unless the intended use of this appraisal specifically includes issues of property insurance coverage,this appraisal should not be used for such purposes.Reproduction or Replacement cost figures used in the cost approach are for valuation purposes only,given the intended use of the assignment.The Definition of Value used in this assignment is unlikely to be consistent with the definition of Insurable Value for property insurance coverage/use. 11.The ACI General Purpose Appraisal Report(GPAR—)is not Intended for use in transactions that require a Fannie Mae 1025/Freddie Mac 72 form, also known as the Small Residential Income Property Appraisal Report(2.4 Family). Additional Comments Related To Scope Of Work,Assumptions and Limiting Conditions Rarucor using ACI software.W,234 8727 v.,v ackmb.com TNs form Copyogk n 20052010 AC10Wsun d ISO Clams S—s,los-NI Rinks R-S Page 4.15 (gPAR'")General Purpose Appraisal Repan 0512010 GPAR1025 1005262010 Mark Heckman Real Estate Appraisers Small Residential Income Property Appraisal Report File No. 334-336Walton Appraiser's Certification The appraiser(s)certifies that,to the best of the appraiser's knowledge and belief: 1.The statements of fact contained in this report are true and correct. 2.The reported analyses,opinions,and conclusions are limited only by the reported assumptions and limiting conditions and are the appraiser's personal,impartial,and unbiased professional analyses,opinions,and conclusions. 3. Unless otherwise slated,the appraiser has no present or prospective interest in the property that is the subject of this report and has no personal interest with respect to the parties involved. 4.The appraiser has no bias with respect to the property that is the subject of this report or to the parties involved with this assignment. 5.The appraiser's engagement in this assignment was not contingent upon developing or reporting predetermined results. 6.The appraiser's compensation for completing this assignment is not contingent upon the development or reporting of a predetermined value or direction in value that favors the cause of the client,the amount of the value opinion,the attainment of a stipulated result.or the occurrence of a subsequent event directly related to the intended use of this appraisal. 7.The appraiser's analyses,opinions,and conclusions were developed,and this report has been prepared,in conformity with the Uniform Standards of Professional Appraisal Practice. 8. Unless otherwise noted,the appraiser has made a personal inspection of the property that is the subject of this report. 9.Unless noted below,no one provided significant real property appraisal assistance to the appraiser signing this certification.Significant real property appraisal assistance provided by: Additional Certifications: Definition of Value: OlVarketValue QOther Value: Source of Definition:USPAP 2010 The most probable price which a property should bring in a competitive and open market under all conditions requisite to a fair sale, the buyer and seller each acting prudently and knowledgeably,and assuming the price is not affected by undue stimulus. The operative definition is from regulations published by federal regulatory agencies pursuant to Title XI of the Financial Institutions Reform,Recovery and Enforcement Act(FIRREA)of 1989 between July 5,1990,and August 24,1990,by the Federal Reserve System(FRS),National Credit Union Administration(NCUA),Federal Deposit Insurance Corporation(FDIC),the Office of Thrift Supervision(OTS),and the Office of Comptroller of the Currency(OCC). This definition is also referenced in regulations jointly published by the OCC,OTS,FRS,and FDIC on June 7,1994,and in the Interagency Appraisal and Evaluation Guidelines,dated October 27,1994. The definition is also provided as an example definition of Market Value in Advisory Opinion 22 of the 2008-2009 edition of the Appraisal Standards Board's Uniform Standards of Professional Appraisal Practice(Washington,DC:the Appraisal Foundation). ADDRESS OF THE PROPERTY APPRAISED: 334-336 Walton Avenue Lemoyne,PA 17043-2026 EFFECTIVE DATE OF THE APPRAISAL:03/29/2014 APPRAISED VALUE OF THE SUBJECT PROPERTY$138,000 APPRAISER SUPERVISORY APPRAISER Signature: Signature: Name: Gina 1�istefano State Certified Msidential Appraiser Name: State Certification p RL138991 State Certification A or License N or License A or Other(describe): State p: State: State: PA Expiration Date or Certification or License: Expiration Date of Certification or License: 06/30/2015 Date of Signature: Date of Signature and Repon: 10/09/2014 Date of Property Viewing: Date of Property Viewing: 10/01/2014 Degree of property viewing: Degree of property viewing: ❑Interior and Exterior O Exterior Only Q Did not personally view - QX Interior and Exterior Q Exterior Only ❑Did not personally view Po,o,M using ACI.o-rc.800231.8727 vnv Mob.mm TK lam Cojrght a 20052010 AD 0—of ISO Clams S—ces.Inc..Al Riyxs R,s—cd Page 5 M 5 (91PAR".)Genua1 Purposr.Appraisal10512010 GPA 210202 5 10005762010 Mark Heckman Real Estate Appraisers ADDENDUM Client: Debra K.Wallet,Esq./Lena K.Heisler,Executrix File No.: 334-336Walton Property Address: 334-336 Walton Avenue Case No.: City: Lemoyne Slate: PA Zip: 17043-2026 Summary of Sales Comparison Approach Condition nd quality of construction adjustments to Comparable#1 is based on MLS description which states,"many updated features including bamboo hardwood and ceramic tile floors,2nd floor kitchen with exposed brick and copper ceiling,beautifully updated 2nd Floor bath with contemporary flair." A thorough search for comparable sales has been made to rind sales which bracket the final value estimate.After a thorough search of all available market data,the three sales used are considered to be the best indicators of value.All three comparable sales are located in the same market area as the subject would be considered by the same prospective purchaser if all were on the market at the same time as the subject.All three sales are considered to be reliable indicators of value,and were weighted similarly in the final reconciliation.Appropriate adjustments have been made for all differences. Comparable sales used are closed sales.In order to find comparable sales it was necessary to use less recent sales.It is noted that Comparable Sale No.2 occured over six months prior to the appraisal date. Comparables that sold within six months of the date of the appraisal were significantly different in location,size,condition,special conditions,and/or style. In the appraiser's judgment the comparables selected is a better indicator of value than more recent sales. Final Reconciliation APPRAISER HEREBY CERTIFIES THAT THIS REPORT HAS BEEN PREPARED IN COMPLIANCE WITHIN THE UNIFORM STANDARDS OF PROFESSIONAL APPRAISAL PRACTICE(USPAP),THAT THE APPRAISER IS A DISINTERESTED PARTY AND THAT THE VALUE STATED IN THIS REPORT IS ACCURATE TO THE BEST OF THE APPRAISER'S ABILITY,AND THIS VALUE HAS NOT BEEN PREDETERMINED. In the view of the age of these improvements,the Cost Approach cannot be considered an accurate indicator of value.See attached appraiser's certification and Statement of Limiting Conditions.The appraiser considered only those items that were permanently attached to the property as realty. Any items not so affixed such as refrigerators,washers,dryers,above ground swimming pools,etc.,were not included in the estimate of market value.The opinion of value stated in this appraisal is based upon market conditions present as of the effective date.The Sales Comparison Analysis reflects recent activity in the market place and is given the most weight.This appraisal assumes a reasonable marketing period for the subject property of 180 days and a reasonable exposure time of 180 days.This appraisal is based on readily observable conditions and is not to be considered as a thorough home inspection to analyze or warrant the subject property and/or its mechanical systems.This appraisal report has been prepared with the property in"as is"condition. The value stated in this report is retrospective value from 04/29/2014. This report makes the extraordinary assumption that the property was in average or better condition with no substantial deferred maintenance,and that it was completely habitable. I am relying on information provided by my inspection of 10/01/2014 for this assumption. Conditions of Appraisal The value stated in this report is retrospective value from 04/29/2014. This report makes the extraordinary assumption that the property was in average or better condition with no substantial deferred maintenance,and that it was completely habitable. I am relying on information provided by my inspection of 10/01/2014 for this assumption. Addendum Page 1 of 1 1 ' le Customer No, PD 1522 SPECIAL FORM OFREQUEST FOR PAYMENT OF OMB No. 153x-0004 Department mthe Treasury UNITED STATES SAVINGS AND RETIREMENT av�av�me�*co/oo�c ` "= SECURITIES WHERE USE OFADETACHED OR OFFICIAL USE ONLY (Revised June 2014) REQUEST /S AUTHORIZED TRANSFER MONTH&YEAR_l— Visit FISCAL AGENT CODE vww.ureoovryumect.00" IMPORTANT: Follow instructions in filling out this form. You should be aware that the making of any false,fictitious, or fraudulent claim statement to the United States is a crime that is punishable by fine and/or imprisonment. PRINT IN INK OR TYPE ALL INFORMATION 1. DESCRIPTION OF BONDS I am the owner or person entitled to payment of the securities described below, which bear the name(s) of Iss6i DATE SERIAL NUMBER ISSUE DATE SERIAL NUMNER—, ISSUE DATE SERIAL NUMBER 7,51 OysiefS es -A C- '75- (if you need more space,attach either a PD F 3500[see www,treasuryd irect.govl,a pjaiw-sheet of paper, or a photocopy of this section.) 2. REQUEST FOR PAYMENT ATaxpayer Identification Number must beprovided for the payee: - OR (Employer Identification Number ofPayee) | naqumst that the described bonds beredeemed and payment be made ' ` In full Tothe extent of: (Choose this line only ifthe signer mentitled monly aportion o'the bonds m,ted.) For partial payment o[Series *Hbonds, complete the information below: (Complete this pail only ifpama/redemption and reissue orthe remainder isnesired.) Partial payment $ The remainder for Series *H bonds will be reissued in paper form and mailed appropriately. 3. DELIVERY INSTRUCTIONS (Read Item 3m mnInstructions before completing this^ectiom.) Please deposit myfunds directly, aeauthorized below: (Name/Names on the Account)_— Type cfAccount: 'F�7/71Checxing Savings (Depositor's Account No.) Bank Routing No. (nine dkJits): (Financial Institution's Name) (Phone. _ Nu) '