HomeMy WebLinkAbout07-26-06 (3)
REV-1500 EX (6-00)
OFFICIAL USE ONLY
COMMONWEALTH OF
PENNSYLVANIA
DEPARTMENT OF REVENUE
DEPT. 280601
HARRISBURG, PA 17128-0601
REV-1500
INHERITANCE TAX RETURN
RESIDENT DECEDENT
FILE NUMBER
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COUI'ITY CODE
----9L 1027 _ _ _
YEAR NUMBER
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DECEDENTS NAME (LAST, FIRST, AND MIDDLE INITIAL)
FERDENBAUGH PAUL
DATE OF DEATH (MM-DD-YEAR) DATE OF BIRTH (MM-DD-YEAR)
11/3/2005 6/8/1910
(IF AFPLlCABLE) SURVIVING SPOUSE'S NAME (LAST, FIRST, AND MIDDLE INITIAL)
L
SOCIAL SECURITY NUMBER
172-01-9349
THIS RETURN MUST BE FILED IN DUPLICATE WITH THE
REGISTER OF WILLS
SOCIAL SECURITY NUMBER
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001
04
006
09
Limited Estate
Original Return
o 2. Supplemental Retum 0 3. Remainder Return (date of death prior to 12-13-82)
o 4a. Future Interest Compromise (date of death after 12-12-82) 0 5. Federal Estate Tax Return Required
o 7. Decedent Maintained a Living Trust (Attach copy of Trust) L 8. Total Number of Safe Deposit Boxes
o 10. Spousal Poverty Credit (date of death between 12-31-91 and 1.1-95) D 11. Election to tax under Sec. 9113(A)(AtlachSchQ)
Decedent Died Testate (Attach copy of Will)
Litigation Proceeds Received
THIS SECTION MUST BE COMPLETED. ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SHOULD BE DIRECTED TO:
NAME COMPLETE MAILING ADDRESS
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LINDA J. LUNDBERG, VP
FIRM NAME (If Applicable)
PNC BANK
TELEPHONE NUMBER
4242 CARLISE PIKE
PO BOX 308
717-730-2265
3. Closely Held Corporation, Partnership or Sole-Proprietorship (3)
4. Mortgages & Notes Receivable (Schedule D) (4)
5. Cash, Bank Depos~s & Miscellaneous Personal Property
(Schedule E) (5)
Z 6. Jointly Owned Property (Schedule F) (6)
0 o Separate Billing Requested
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:3 7. Inter-Vivos Transfers & Miscellaneous Non-Probate Property (7)
::) (Schedule G or L)
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e: 8. Total Gross Assets (total Lines 1-7)
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W 9. Funeral Expenses & Administrative Costs (Schedule H) (9)
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10. Debts of Decedent, Mortgage Liabil~ies, & Liens (Schedule I) (10)
11. Total Deductions (total Lines 9 & 10)
CAMP HILL, PA 17011-0308
175,000
492,118
o
68,599
135,549
o
OFFICIAL USE ONLY
1. Real Estate (Schedule A)
(1)
2. Stocks and Bonds (Schedule B)
(2)
C>
o
871,266
(8)
70,821
23,577
(11)
(12)
(13)
(14)
94,398
776,868
6,000
12. Net Value of Estate (Line 8 minus Line 11)
13. Charitable and Governmental Bequests/See 9113 Trusts for which an election to tax has not been
made (Schedule J)
14. Net Value Subject to Tax (Line 12 minus Line 13)
SEE INSTRUCTIONS ON REVERSE SIDE FOR APPLICABLE RATES
770,868
15. Amount of Line 14 taxable at the spousaltax
rate, or transfers under Sec. 9116 (a)(1.2)
16. Amount of Line 14 taxable at lineal rate
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x.O ~(15)
X.o 45 (16)
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17. Amount of Line 14 taxable at sibling rate
o
x .12 (17)
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18. Amount of Line 14 taxable at collateral rate
770,868
x .15 (18)
19. Tax Due
20.0
(19)
115,630
115,630
CHECK HERE IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT
> > BE SURE TO ANSWER ALL QUESTIONS ON REVERSE SIDE AND RECHECK MATH < <
3W4645 1.000
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Decedent's Complete Address:
S1REET ADDRESS
COUNTRY MEADOWS, APT 55
CUMBERLAND
CITY
MECHANICSBURG
Tax Payments and Credits:
1. Tax Due (Page 1 Line 19)
2. Credits/Payments
A. Spousal Poverty Credit
B. Prior Payments
C. Discount
I STATIo
PA
I ~;055-
(1)
115,630
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95,000
5,000
3. Interest/Penalty if applicable
D. Interest
E. Penalty
Total Credits (A + B + C) (2)
100,000
o
o
Total Interest/Penalty (D + E) (3)
o
4. If Line 2 is greater than Line 1 + Line 3, enter the difference. This is the OVERPAYMENT.
Check box on Page 1 Line 20 to request a refund
(4)
o
5. If Line 1 + Line 3 is greater than Line 2, enter the difference. This is the TAX DUE.
(5)
15,630
A. Enter the interest on the tax due.
(SA)
o
B. Enter the total of Line 5 + 5A. This is the BALANCE
Make Check
(58)
15,630
PLEASE ANSWER THE FOLLOWING QUESTIONS BY PLACING AN "X" IN THE APPROPRIATE BLOCKS
1. Did decedent make a transfer and:
a. retain the use or income of the property transferred;. . . . . . . . . . . . . . .
b. retain the right to designate who shall use the property transferred or its income; .
c. retain a reversionary interest; or . . . . . . . . . . . . . . . . . . . . . . . .
d. receive the promise for life of either payments, benefits or care? . . . . . . . . .
2. If death occurred after December 12,1982, did decedent transfer property within one year of death
without receiving adequate consideration? . . . . . . . . . . . . . . . . . . . . . . . . . . " D
3. Did decedent own an "in trust for" or payable upon death bank account or security at his or her death? D
4. Did decedent own an Individual Retirement Account, annuity, or other non-probate property Which
contains a beneficiary designation? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . " D [j
IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS YES, YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETURN.
Under penalties of perjury, I declare that f 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.
F PER~ON RESPONS~E FOR FILjN~ RETURN
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Yes
No
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SIGNATURE OF PREPARER OTHER 1l-IAN REPRESENTATIVE
DATE
ADDRESS
For dates of death on or after July 1, 1994 and before January 1, 1995, the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is 3%
[72 P.S. 99916 (a) (1.1) (i)l
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 sp'Juse is 0% [72 P.S. 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 retum 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 twenty-one 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% [72 P.S. 9 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%, except as noted in 72 P.S. 9 9116(1.2) [72 P.S. 9 9116(a)(1)].
The tax rate imposed on the net value of transfers to orfor the use of the decedent's siblings is 12% (72 P.S. 9 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.
3W4646 1.000
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
SCHEDULE A
REAL ESTATE
REV-1502 EX + (6-98)
ESTATE OF
FILE NUMBER
PAUL L. FERDENBAUGH
21 05 1027
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.
ITEM
NUMBER
1.
DESCRIPTION
VALUE AT DATE
OF DEATH
REAL ESTATE LOCATED AT 14-16
SOUTH SECOND STREET,
WORMLEYSBURG, PA
A RESIDENCE, STOREFRONT AND 3
APARTMENT UNITS.
175,000
3W4695 1.000
TOTAL (Also enter on line 1, Recapitulation)
(If more space is needed, insert additional sheets of the same size)
$
175,000
REY-1503 ex.,.. (6-~6)
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
ESTATE OF
SCHEDULE B
STOCKS & BONDS
FILE NUMBER
PAUL L. FERDENBAUGH
21 05 1027
All property jointly-owned with right of survivorship must be disclosed on Schedule F.
ITEM
NUMBER
DESCRIPTION
VALUE AT DATE
OF DEATH
1. 1,000 Shares
ACE CAP TR I PFD 8.8750% SERIES
CUSIP: 004402103
25,850
2 39 Shares
AGERE SYSTEMS INC COMMON
CUSIP: 00845V308
418
3 5,000 Par
ALLEGHENY COUNTY PA HOSP DEV AUTH
9.25% SUE 11/15/15
CUSIP: 01728AWSl
Interest accrued to 11/3/2005
5,959
217
4 1,435.143 units
AMERICAN INCOME FUND CLASS A FUND
#6
CUSIP: 453320103
26,134
5 432 Shares
AT & T CORP NEW COMMON
CUSIP: 001957505
8,465
6 124 Shares
AVAYA INC COMMON
CUSIP: 053499109
1,414
7 2,068 Shares
BELL SOUTH CORP COMMON
CUSIP: 079860102
53,241
8 5,000 Par
BERKS COUNTY PA MUN AUTH REV 5.70%
SUE 5/15/18
CUSIP: 084538EZ6
Interest accrued to 11/3/2005
4,982
134
9 200 Shares
CITIGROUP CAPITAL VII PFD 7.125%
SERIES
CUSIP: 17306N203
5,139
Total from continuation schedules
.........
360,165
3W46961.000
TOTAL (Also enter on line 2, Recapitulation} $
(If more space is needed, insert additional sheets of the same size)
492,118
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Estate of: PAUL L. FERDENBAUGH
172-01-9349
Schedule B (Page 3)
Item
No. Description
Value at Date
of Death
19 500 Units
MFS CHATER INCOME TRUST SHS BEN
INT
CUSIP: 552727109
4,195
20 680 Shares
MORGAN STANLEY CAP TR II PFD
CUSIP: 61747Nl09
17,180
21 250 Units
NUVEEN EQUITY PREMIUM OPPORTUNITY
FUND
CUSIP: 6706KM102
4,828
22 5 Units
PENNSYLVANIA INSD MUNS INCOME TR
UNIT SER 87 SEMI ANNUAL
CUSIP: 70884B19
858
23 10,000 Par
POTTSTOWN BORO PA AUTH SWR REV
5.50$ SUE 11/01/21
CUSIP: 7382890W4
Interest accrued to 11/3/2005
10,218
5
24 400 Shares
PPL CORPORATION COMMON
CUSIP: 69351T106
11,962
25 200 Shares
PROLOGIS TRUST PFD 6.750%
CUSIP: 743410805
4,989
26 816 Shares
QWEST COMMUNICATIONS COMMON
CUSIP: 749121109
3,774
27 4,086 Shares
SBC COMMUNICATIUONS INC COMMON
CUSIP: 00206R102
96,859
28 10,000 Par
STATE PUB SCH BLDG AUGH PA SCH REV
5% DUE 6/01/33
CUSIP: 857322PZ8
Interest accrued to 11/3/2005
10,221
212
Total (Carry forward to main schedule)
165,301
Estate of: PAUL L. FERDENBAUGH
172-01-9349
Schedule B (Page 4)
Item
No. Description
Value at Date
of Death
29 750 Units
TEMPLETON EMERGING MKTS INCOME
FUND
CUSIP: 880192109
10,069
30 5,200 Par
USA SAVING BONDS SERIES E
Interest accrued to 11/3/2005
3,953
23,701
31 1,800 Par
USA SAVINGS BONDS SERIES EE
Interest accrued to 11/3/2005
900
257
32 146.296 Units
VAN KAMPEN AMERICAN CAPITAL TRUST
FOR INVESTMENT GRADE MUNICIPALS
CUSIP: 920929106
3,653
33 1,965 Shares
VERIZON COMMUINICATIONS INC
CUSIP: 92343V104
61,220
34 298 Shares
WACHOVIA CORP NEW COMMON
CUSIP: 929903102
15,079
35 375 Shares
WACHOVIA PFD FUNDING PFD
CUSIP: 92977V206
10,331
Total (Carry forward to main schedule)
129,163
REV-1507 EX + (6-98)
COMMONWEALTH OF PENNSYL VANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
ESTATE OF
PAUL L. FERDENBAUGH
SCHEDULE D
MORTGAGES & NOTES
RECEIVABLE
FILE NUMBER
21 05 1027
All property jointly-owned with right of survivorship must be disclosed on Schedule F.
ITEM
NUMBER DESCRIPTION
VALUE AT DATE
OF DEATH
1 PROMISSORY NOTE FOR DONALD L BRUCE
JR, $400.00 DATED 02/28/59
DATE OF DEATH BALANCE
400
2 PROMISSORY NOTE FOR VIRGINIA B
FULTON $1,600.00 DATED 1959/1960
DATE OF DEATH BALANCE
1,600
3
PROMMISORY NOTE FOR BONNIE CLOUSER
$123,125.60 DATED 11/03/05 0% DUE
11/03/20
DATE OF DEATH BALANCE
66,599
TOTAL (Also enter on line 4, Recapitulation) $
68,599
3W46AC 1.000
(If more space is needed, insert additional sheets of same size)
REV-1508 EX + (6-98)
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
SCHEDULE E
CASH, BANK DEPOSITS, & MISC.
PERSONAL PROPERTY
ESTATE OF
PAUL L. FERDENBAUGH
FILE NUMBER
21 05 1027
Include the proceeds of litigation and the date the proceeds were received by the estate.
All property jolntly-owned with the right of survivorship must be disclosed on Schedule F.
ITEM
NUMBER DESCRIPTION
VALUE AT DATE
OF DEATH
1 ALLSTATE INSURANCE CO
REFUND OF UNUSED PREMIUM ON
LANDLORD'S INSURANCE
344
2 CINDY CANCEL
NOVEMBER RENT, TENANT OF 14-16
SOUTH SECOND ST.
500
3 COMCAST
REFUND OF CREDIT BALANCE
75
4 COUNTRY MEADOWS
RESIDENT REFUND
4,444
5 COUNTRY MEADOWS
REFUND OF CREDIT BALANCE DUE TO
MEAL CREDITS
20
6 FIRST NATIONAL BANK OF MARYSVILLE
SAVINGS ACCOUNT #18030335
220
7 M&:T BANK
CHECKING ACCOUNT #32685939
1,000
8 M&:T BANK
SAVINGS ACCOUNT #8160803
1,511
9 PATRIOT NEWS
REFUND DUE TO CANCELLATION OF
SUBSCRIPTION
20
10 6,886.35 Par
PNC BANK, NATIONAL ASSOCIATION
CERTIFICATE OF DEPOSIT #214295
Interest accrued to 11/3/2005
6,886
18
11 VERIZON
NOVEMBER PENSION PAYMENT
1,044
12 VERIZON
REFUND
1
Total fram continuation schedules . . . . . . . . .
119,466
3W46AD 1.000
TOTAL (Also enter on line 5, Recapitulation) $
(If more space is needed, insert addttional sheets of the same size)
135,549
Estate of: PAUL L. FERDENBAUGH
172-01-9349
Schedule E (Page 2)
Item
No. Description
Value at Date
of Death
13 5,000 Par
WACHOVIA BANK
CERTIFICATE OF DEPOSIT #1612215
Interest accrued to 11/3/2005
5,000
33
14 WACHOVIA BANK
CHECKING ACCOUNT #3192553
Interest accrued to 11/3/2005
13,954
4
15 1,000 Par
WACHOVIA BANK
CERTIFICATE OF DEPOSIT #2255731
Interest accrued to 11/3/2005
1,000
22
16 WACHOVIA BANK
MONEY MARKET ACCOUNT #4282749
Interest accrued to 11/3/2005
96,064
120
17 WACHOVIA BANK
SAVINGS ACCOUNT #2096300
2,164
18 WCAHOVIA SECURITIES
BROKERAGE ACCOUNT #3173-8924
1,105
Total (Carry forward to main schedule)
119,466
O101/1~111OYO 117001
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
SCHEDULE H
FUNERAL EXPENSES &
ADMINISTRATIVE COSTS
ESTATE OF
PAUL L. FERDENBAUGH
FILE NUMBER
21 05 1027
Debts of decedent must be reported on Schedule I.
ITEM
NUMBER
DESCRIPTION
AMOUNT
1.
FUNERAL EXPENSES:
ANTHONY BRUCE III
REIMBURSEMENTS FOR FUNERAL SUIT &:
FUNERAL LUNCHEON
339
A.
Total from continuation schedules . . . . . . . . .
7,611
1.
ADMINISTRATIVE COSTS:
Personal Representative's Commissions
35,378
B.
Name of Personal Representative(s) PNC BANK
22-1146430
Social Security Number(s) I EIN Number of Personal Representative(s)
Street Address 4242 CARLISLE PIKE
City CAMP HILL
State PA
Zip 17011-0308
Year(s) Commission Paid:
2.
Attorney Fees
23,587
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
670
5. Accountant's Fees
6. Tax Return Preparer's Fees
7.
1
BOROUGH OF WORMLEYSBURG
SEWER &: TRASH SERVICE 1ST QTR 2006
@ 14 S. SECOND ST.
345
Total from continuation schedules . . . . . . . . .
2,891
3W46AG 1.000
TOTAL (Also enter on line 9, Recapitulation) $
(If more space is needed, insert additional sheets of the same size)
70,821
172-01-9349
Estate of: PAUL L. FERDENBAUGH
Item
No.
2
3
Schedule H Part 1 (Page 2)
Description
Amount
MUSSELMAN FUNERAL HOME
6,616
SALLY A BRUCE
REIMBURSEMENT FOR INTERMENT FEES
995
Total (Carry forward to main schedule)
7,611
Estate of: PAUL L. FERDENBAUGH
172-01-9349
Schedule H Part 7 (Page 2)
2
BUREAU OF VITAL RECORDS
DEATH CEDRTIFICATES FOR ANNA B
FERDENBAUGH
27
3
CLAUSER REAL ESTATE APPRAISALS
APPRAISAL FEE RE REAL ESTATE
@ 14-16 S. SECOND ST, WORMLEYSBURG
1,250
4
HERBERT MYERS
TOPSOIL FOR APARTMENTS
30
5
JOHNSON DUFFIE STEWART & WEIDNER
LEGAL ADVERTISING REIMBURSEMENT
201
6
JOHNSON DUFFIE STEWART & WEIDNER
FEE FOR RECORDING DEED
40
7
MELLON INVESTORS SERVICES
FEE FOR REPLACEMENT OF FOUR LOST
BELLSOUTH CORP STOCK CERTIFICATES
309
8
PENNSYLVANIA AMERICAN WATER
UTILITY
SVC A/C #24-06429841 @ 14 S 2ND
ST., WORMLEYSBURG ; PAYMENTS
11/29/05 - 38.74
12/22/05 - 38.15
01/26/06 - 37.31
02/22/06 - 41.45
156
9
PNC Bank, N.A.
REIMBURSEMENT FOR COPIES OF DEED &
MORTGAGE ON 14-16 SOUTH SECOND ST.
6
10 PPL ELECTRIC UTILITIES
PAID AFTER DEATH
SERVICES
11/30/05 -
12/29/05
01/05/06
01/26/06
02/02/06
02/24/06
03/06/06
$15.18
50.81
17.04
56.85
12.48
55.43
11.15
219
11
REGISTER OF WILLS
SHORT CERTIFICATES
40
12
REGISTER OF WILLS
FEE FOR FILING TWO DISCLAIMERS
10
Total (Carry forward to main schedule)
2,288
Estate of: PAUL L. FERDENBAUGH
172-01-9349
Schedule H Part 7 (Page 3)
13 REGISTER OF WILLS
FILING FEE FOR INVENTORY AND PA
INHERITANCE TAX RETURN 30
14 RSR APPRAISERS & ANALYSIS
APPRAISAL FEE RE REAL ESTATE
ASSOCIATED WITH BONNIE CLOUSER
PROMMISORY NOTE. 300
15 S E S INSURANCE SERVICES INC
INSURANCE PREMIUM
14-16 SOUTH SECOND ST.,
WORMLEYSBURG, PA $510 MINUS
REFUND $345 165
16 VERIZON UTILITY SERVICE
FINAL BILL AIC #7177639673 13
17 WACHOVIA SECURITIES
TERMINATION FEE 95
Total (Carry forward to main schedule)
603
REV-1512 EX + (12-03)
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
ESTATE OF
PAUL L. FERDENBAUGH
SCHEDULE I
DEBTS OF DECEDENT,
MORTGAGE LIABILITIES, & LIENS
FILE NUMBER
21 05 1027
Report debts incurred by the decedent prior to death which remained unpaid as of the date of death, including unreimbursed medical expenses.
ITEM
NUMBER
1.
DESCRIPTION
VALUE AT DATE
OF DEATH
FIRST NATIONAL BANK OF MARYSVILLE
MORTGAGE PAYOFF @ 14-16 SOUTH
SECOND ST., WORMLEYSBURG
19,113
2 INTERNAL REVENUE SERVICE
2005 LIFE PERIOD FEDERAL INCOME
TAX, $327.00 MINUS REFUND OF
$30.00
297
3 M&T BANK CHECKING ACCOUNT
#32685939
CHECKS ISSUED PRIOR TO DEATH AND
AUTOMATIC DEBITS POSTED AFTER
DEATH
564
4 PA DEPARTMENT OF REVENUE
BALANCE OF 2005 LIFE PERIOD INCOME
TAX
147
5 WACHOVIA BANK CHECKING ACCOUNT
#3192553
CHECKS ISSUED PRIOR TO DEATH AND
AUTOMATIC DEBITS POSTED AFTER
DEATH
3,456
3W46AH 2.000
TOTAL (Also enter on line 10, Recapitulation) $
(If more space is needed, insert additional sheets of the same size)
23,577
REV-1513 EX+ (9-00)
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
ESTATE OF
PAUL L. FERDENBAUGH
SCHEDULE J
BENEFICIARIES
FILE NUMBER
21 05 1027
NUMBER
I
1
NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY
TAXABLE DISTRIBUTIONS [include outright spousal distributions, and transfers
under Sec. 9116 (a) (1.2)]
ANTHONY A. BRUCE III
247 SPANGLER MILL RD
NEW CUMBERLAND, PA 17070
RELATIONSHIP TO DECEDENT
Do Not List Trustee(s)
AMOUNT OR SHARE
OF ESTATE
One Half of Residue per Article
VII (Anthony A Bruce Jr.
pre-deceased Paul Ferdenbaugh):
384,434
Great Nephew
384,434
2 DONALD L. BRUCE JR.
641 WALTON STREET
LEMOYNE, PA 17043
General Bequests: 400
Unknown
400
ENTER DOLLAR AMOUNTS FOR DISTRIBUTIONS SHOWN ABOVE ON LINES 15 THROUGH 18, AS APPROPRIATE. ON REV-1500 COVER SHEET
II NON-TAXABLE DISTRIBUTIONS:
A. SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT BEING MADE
B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS
1
WORMLEYSBURG CHURCH OF GOD
113 S. SECOND STREET
WORMLEYSBURG, PA 17043
5,000
2
3W46AI 1.000
TOTAL OF PART II - ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET
(If more space is needed, insert additional sheets of the same size)
$
6,000
Estate of: PAUL L. FERDENBAUGH
172-01-9349
Schedule J Part 1 (Page 2)
Item
No. Description
Re1atiolll
Amount
3 VIRGINIA B. FULTON
184 DARR AVE
CARLISLE, PA 17013
General Bequests: 1,600
Unknown
1,600
4 STACEY A. STRIGHT
C/O SALLY A. BRUCE
513 CAROL STREET
NEW CUMBERLAND, PA 17070
One Half of Residue: 384,434
Great Niece
384,434
Estate of: PAUL L. FERDENBAUGH
172-01-9349
Schedule J Part 2 (Page 2)
Item
No.
Description
Amount
2
ENOLA CEMETERY ASSN.
ATTN: TAMMY PUTT
411 BRICK CHURCH RD
ENOLA, PA 17025
1,000
3 ROLLING GREEN CEMETERY ASSN.
CAMP HILL, PA 17011
PER IV OF WILL - BEQUEST OF
$750.00
BEQUEST HAS BEEN DISCLAIMED
DISCLAIMER ATTACHED
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4 CAMP HILL CEMETERY ASSN. NORMAN
FOSTER
214 5 WALNUT ST.
CAMP HILL, PA 17011
PER ARTICLE III - BEQUEST OF
$250.00
BEQUEST HAS BEEN DISCLAIMED
DISCLAIMER ATTACHED
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JEctJ51 Bill ann QTtgt&nt~ut
OF
PAUL L. FERDENBAUGH
I, PAUL L. FERDENBAUGH, of the Borough of Wormleysburg, Cumber-
land County, Pennsylvania, being of sound and disposing mind,
memory and understanding, do hereby make, publish and declare this
as and for my Last will and Testament, hereby revoking all other
Wills and Codicils heretofore made by me.
ARTICLE I
I direct the payment of all my just debts and the expenses of
my last illness and funeral from my estate as soon after my death as
conveniently may be done.
ARTICLE II
I give and bequeath the sum of One Thousand ($1,000.00) Dollars
to the Enola Cemetary Association of East pennsboro Township,
Cumberland County, Pennsylvania, in perpetual trust, to invest and
keep the same invested and to use and apply so much of the income
as is necessary for the purpose of providing at least one live
potted flowering plant for the Ferdenbaugh (Lot 48, Section 2) plot,
the Kissinger (Lot 33, Section 2) plot, the Dean (Lot 34, Section 2)
plot, and the Bruce (Lot 72, Section 3) plot on Decoration Day
each year. I direct that any income not so required shall be added
to the principal.
ARTICLE III
I give and bequeath the sum of Two Hundred Fifty ($250.00)
Dollars to the Camp Hill Cemetary Association, Camp Hill, Cumberland
County, Pennsylvania, in perpetual trust, to invest in and keep the
same invested and to use and apply so much of the income as is
necessary for the purpose of providing at least one live potted
flowering plant for the Bruce (Block 2, Lot 15) plot on Decoration
Day each year. Any lncome not so required shall be added to the
principal of the trust.
ARTICLE IV
I glve and bequeath the sum of Seven Hundred Fifty ($750.00)
Dollars to the Rolling Green Cemetary Company, Lowt~r Allen Township,
Cumberland County, Pennsylvania, in perpetual trust, to invest and
keep the same invested and to use and apply so much of the income
as is necessary for the purpose of providing a floral spray for the
bronze vase in the marker at the Ferdenbaugh (Block P, Section 322,
Lots I and 2) plot on Decoration Day each year. Any income not so
required shall be added to the principal.
AR~ICLE V
I give and bequeath unto VIRGINIA B. FULTON, Carlisle, Pennsyl-
vania, the Promissory Note she executed in the face amount of One
Thousand Six Hundred ($1,600.00) Dollars and direct that my
Executor not collect any principal or interest on said note due at
my death, it being my intention to forgive completely the debt.
ARTICLE VI
I give and bequeath unto DONALD L. BRUCE, JR." Wormleysburg,
- 2 -
Pennsylvania, the Promissory Note he executed in the face amount of
Four Hundred ($400.00) Dollars and direct that my Executor not col-
lect any principal or interest on said note due at my death, it being
my intention to forgive completely the debt.
ARTICLE VII
I give and bequeath the sum of Five Thousand ($5,000.00) Dollars
unto the Wormleysburg Church of God, Wormleysburg, Pennsylvania.
ARTICLE VIII
All the rest, residue and remainder of my estate of whatever
nature and wherever situate I give, devise and bequeath unto
ANTHONY A. BRUCE, JR., provided, however, that should he predecease
me, then to his issue, per stirpes.
ARTICLE IX
I name, constitute and appoint ANTHONY A. BRUCE, JR., and
CCNB BANK, N.A., Camp Hill, Pennsylvania, as co-Executors of this
my Last will and Testament. In the event that ANTHONY A. BRUCE,
JR., should fail to qualify or cease to so act, I direct that the
CCNB BANK, N.A., may continue as sole Executor without the appoint-
ment of a co-Executor.
IN WITNESS WHEREOF, I have hereunto set my hand and seal
this 2qj!! day of .i).pr('/v.)}.<..r , 198 (.
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. Paul L. Ferdenbaug~j
( SEl\..L)
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Signed, sealed, published and declared by the above-named
Testator, as and for his Last Will and Testament, in the presence
of us, who at his request, in his presence and in the presence of
each other, have hereunto subscribed our names as witnesses.
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CLAUSl RJ~AL ESTATE APPRAISALS
APPRAISAL REPC)RT
FOR
LINDA LUNDBERG
PNC BANK NA
PNC ADVISORS
4242 CARLISLE PIKE
CAMP HILL, PA 17011
RECEIVED
PNC ADVISORS
JAN 1 8 2006
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PAUL L. FERDENBAUGH'S ESTATE
OLDER RESIDENCE, STOREFRONT & 3 APARTM:E~NT UNITS
14-16 S. SECOND STREET, WORMLEYSBURG BOROUGH
CUMBERLAND COUNTY
\VORMLEYSBURG, P A
Prepared by
George C. Clauser, SRA
14-16 S. Second Street, Worrnleysburg
5-1206 C-]
CLAUSl. REAL ESTATE APPRAISALS
CLAUSER REAL ESTATE APPRAISALS
POBox 777
Camp Hill, PA 17001-0777
Telephone: 717-737-7300
F~: 717-730-0922
e-mail: CLAUSER@PAONLINE.COM
January 5,2005
Linda Lundberg
PNC Bank NA
PNC Advisors
4242 Carlisle Pike
Camp Hill, P A 17011
RE: Older Residence, Storefront and 3 Apartment Units
14-16 South Second Street Wormleysburg, PA 17043
Dear Linda:
As requested, I have completed my inspection and subsequent market studies on the above
referenced property for the purpose of estimating its market value.
The property consist of an older, 2 story dwelling, storefront and 3 apartments all on the same
deed and one saleable entity. Lot size is 58' x 141' x 58' x 139' for 8,120 square feet or .1864 acres.
Appraised value assumes the property is cleared of hazardous materials with DEP
Phase I certification suggested and the appraised value estimated is based on clear certification.
Compliance with Township Codes and Regulations is also assumed.
Based on my studies and subject to the limiting conditions found in and attached to this
report, the property in my opinion has an estimated market value as of November 3, 2005, date of
death of Mr. Ferdenbaugh, of:
ONE HUNDRED SEVENTY-FIVE THOUSAND - ($175,000) - DOLLARS
COMMERCIAL' INDUSTRIAL' APARTMENT COMPLEXES' SUBDIVISION ANALYSIS' RESIDENTIAL
14-16 S. Second Street, Wormleysburg
5-1206 C-I
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GEORGE C. CLAUSER, SRA
PA Certified General Real Estate Appraiser
Certification Number GA-000233-L
Clauser Real Estate Appraisals
POBox 777
Camp Hill, PA 17001-0777
Phone (717) 737-7300
Fax (717) 730-0922
e-mail address:clauser@paonline.com
www.clauserappraisals.com
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QUALIFICATION SHEET
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EDUCATION:
Lebanon Valley College, Annville, PA
B.S. in Economics and Business Administration
Appraisal Institute
Standards of Professional Practice A
Standards of Professional Practice B
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American Institute of Real Estate Appraisers
Real Estate Appraisal Principles 1 A-1
Basic Valuation Procedures 1A-2
Capitalization Theory and Techniques 1A&B
Narrative Report Writing
All courses necessary to complete the SRA Designation
All courses to complete Pennsylvania State General Certification
PROFESSIONAL MEMBERSHIP/DESIGNATION:
Pennsylvania State Certified General Real Estate Appraiser #GA-000:233-L
Pennsylvania Real Estate Broker (License RB-025061-L)
Senior Residential Appraiser (SRA) with the Appraisal Institute
REAL ESTATE EXPERIENCE:
1993-Present
1983-1993
1973-1983
1968-1973
George C. Clauser Real Estate Appraisals
Associate Appraiser, Lester G. Connor, MAl, Camp Hill, PA
Associate Appraiser, Joseph McGraw, Inc., Lemoyne, PA
Sales Associate, Dougherty and Twigg Real Estate
TESTIMONY:
Cumberland, Dauphin, Perry and York County Courts
Tax Assessment Appeals - Cumberland, Dauphin, Perry, and York Counties
Civil Litigation
Local Municipalities - Zoning Meetings, Township Hearings
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George C. Clauser, SRA (Cont'd)
TYPES OF APPRAISALS COMPLETED:
Commercial - Stores, Motels, Restaurants, Offices, Automobile Dealerships, Kennels, Greenhouses,
Shopping Centers, Apartment Complexes, Mobile Home Parks
Condominiums - OffICes, Residences
Industrial- Warehouses, Truck Terminals, Service Stations, Marnufacturing Facilities, Repair
Garages
Land - Farms, Subdivisions, Commercial, Industrial, Acreage, Easements-Utility, Conservation and
Agricultural Preservation Easements.
Residential - Single, Multi-family, Luxury Residences, Historic Properties
Valuation of Partial Interests - Leasehold, Life Estates, Leased Fee Interests
Other - Condemnation Appraisals, Estate Valuations, Divorce Proceedings, Tax Assessment
Appeals and Valuations, Relocation Appraisals, Churches, Value Estimates for Damages from
Infestation and Boundary Line Disputes
APPRAISALS HAVE BEEN COMPLETED FOR:
Adams County National Bank
Americhoice Federal Credit Union
Commerce Bank
Community Banks
Commonwealth Funding Group
Countrywide Home Loans
Farmers First Bank
First National Bank of Newport
First National Bank of Marysville
Fulton Bank
Graystone Bank
Harbortown Mortgage
Integrity Bank
JLG Industries
Legacy Bank
M & T Bank
Mellon Bank
EDUCATION STATEMENT
Members First Federal Credit Union
Mid Penn Bank
Nittany Bank
National City Mortgage
North West Savings Elank
Omega Bank
Orrstown Bank
Pennsylvania State Bank
PNC
Premier Bank
Prudential Relocations
PSP Financial
Sovereign Bank
Sterling Financial Corp.
Vartan Bank
Wachovia
Wells Fargo
The Appraisal Institute conducts a voluntary program of continuing education for its designated members.
MAls, SRPAs & SRAs who meet the minimum standards of this program are awarded periodic educational
certificates.
I, George C. Clauser, am currently certified under the SRA Program.
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Commonwealth of Pennsylvania
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Department of State
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Bureau of Prof~sionalarioO~~pational Affairs
PO Boi~~9 Harri~bur~ P A ltJ05-2649
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Certificate Type
Certified General Appraiser
GEORGE CLAIR CLAUSER
323 PINEWOOD DRIVE
SHlREMANSTOWN PA 17011
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Commissioner of Professional and Occupational AJraiN
Certificate
Number
GA000233l
04-293836
Certificate Status
Active
Initial Certification Date
08/07/1991
Expiration Date
06/30/2007
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CLAUS I
Exterior Views-Front
lU:AL ESTATE APPRAISALS
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14,.16 S, Second Street, Wormleysburg
5-1206 C-I
CLAUS I REAL ESTATE APPRAISALS
Exterior Views
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14-16 S_ Second Street, Wonnlcysburg
5-1206 C-I
CLAUSE. .U:AL ESTATE APPRAISALS
Street Views - Subject of Left
14-16 S. Second Street, WormJeysburg
5-1206 C-J
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CLAUSE. .lEAL ESTATE APPRAISALS
APPRAISAL OF
OLDER RESIDENCE, STOREFRONT AND 3 APARTMENT UNITS
14-16 SOUTH SECOND STREET
WORMLEYSBURG, PENNSYL V ANL<\.
PURPOSE AND FUNCTION OF APPRAISAL
The purpose of this appraisal is to estimate the market value of the subject property as of
November 3, 2005, the date of death of Mr. Ferdenbaugh. Date of inspection was December 13,
2005.
The function of this appraisal is its use in providing a market value estimate, which is for the
explicit use of the client for the purpose of estate tax planning. The intended user is Linda Lundberg
ofPNC Bank NA, PNC Advisors.
PROPERTY RIGHTS APPRAISED
For the purpose of this appraisal, the property rights appraised assume fee simple title which is
a title that signifies ownership of all the rights in a parcel of real propelty subject to limitation of the
four powers of government which are taxation, escheat, police power and eminent domain. The
property is valued as unencumbered by the leases, as the older dwelling and storefront are vacant, the
3 apartments are occupied with short term leases.
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MARKET VALUE DEFINED
A widely accepted definition of market value as printed in the Appraisal Standards
Board USP AP 2005 publication page 210 is used in this report and is defined as follows:
"The most probable price in terms of money 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,
knowledgeably and assuming the price is not affected by undue stimulus."
Implicit in this definition is the consummation of a sale as of a specified date and the passing of
title from seller to buyer under conditions whereby:
.,
1.
2.
3.
4.
5.
buyer and seller are typically motivated;
both parties are well informed or well advised, and each acting in what they consider
their own best interest;
a reasonable time is allowed for exposure in the open market;
payment is made in terms of cash in U.S. dollars or in tenns of financial arrangements
comparable thereto;
the price represents the normal consideration for the property sold unaffected by special
or financing or sales concessions granted by anyone associated with the sale.
1
5-1206 C-1
14-16 S. Second Street. Wormleysburg
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MARKET VALUE DEFINED - (Cont'd)
This example 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, OTC, FRS, and FDIC on June 7, 1994, and in the Interagency Appraisal and
Evaluation Guidelines, dated October 27, 1994.
DATE OF VALUE ESTIMATE
Date of Value: November 3,2005, date of death of Mr. Ferdenbaugh
Date of Inspection: December 13,2005.
IDENTIFICATION
The subject consist one tax parcel and one tract which is known and numbered 14-16 South
Second Street, Wormleysburg, Wormleysburg Borough, Cumberland County, PA.
OWNERSHIP AND THREE YEAR HISTORY
According to Cumberland County records, the property is owne:d by the Estate of Paul L.
Ferdenbaugh. The property has not transferred in the past three years.
LEGAL DESCRIPTION
Deed Book 22K, Page 994
A copy of the deed is included in the addenda.
LEASE INFORMATION
14-16 S, Second Street, Wormleysburg
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CLAUSE lEAL EST ATE APPRAISALS
REAL EST ATE TAX AND ASSESSMENT ANALYSIS
According to Cumberland County Tax Assessment Records, th<:: property consists of one Tax
Parcel listed as follows:
47-20-1858-072 is assessed at:
Land
Improvements
$ 26,800
U~.200
$100,000
Total Assessed Value
Millage
Real Estate Taxes
$100,000
x
.014372
= $1,437.20
14-16 S, Second Street, Wormleysburg
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AREA ANALYSIS
I;farrisburg area is located in South Central Pennsylvania and includes Cumberland, Dauphin, Perry
and Northern York Counties. The area is one of the most strategically located areas in the East
United States and the major center for food distribution in the Middle Atlantic market region which
contains over 40 million people, 1/5 of the national population.
Freight and rail services to the area are excellent. More than 38, trucking lines maintain
terminals in the Harrisburg area. The subject area is located at the hub of the East-West and North-
South lines of the Norfolk Southern Railway, making the area ideally situated for storage in transit
benefits. The railway also operates a large freight classification yard in the area.
Baltimore
Philadelphia
Washington
New York City
Pittsburgh
80 Miles
90 Miles
120 Miles
175 Miles
195 Miles
Employment opportunities in the area are good. The State of Pennsylvania employs 35,000
area workers, Harrisburg being the State Capitol. The U.S. Government employs another 17,798:1:
most of which serve the two large supply depots, the Defense Distribution Center (DDC) at New
Cumberland and the Naval Inventory Control Point (NA VICP) in Mechanicsburg.
According to information provided by the Central Penn Business Journal, February 18, 2000,
some of the largest employers in the Harrisburg Area include Hershey Foods, Inc., Pennsylvania Blue
Shield, M.S. Hershey Medical Center, Harrisburg Health Foundation, Pinnacle Health System,
LB.M., Bethlehem Steel Corporation, Harsco Corporation, GPU Nuclear 3 Mile Island, Giant Foods,
United Telephone Company, Holy Spirit Hospital, Rite Aid Corporation, Herco, Inc. and Sears. The
economic base of the area is diversified and extends from strong government, service related and
transportation facilities to commercial and industrial uses. Unemployment rates are consistently
some of the lowest reported in the area.
In summary, the areas location with respect to Eastern United States, the presence of
convenient highway, air and rail transportation and the presence of State and National Employment
opportunities have resulted in bright prospects for continued growth in the Harrisburg Standard
Metropolitan Statistical Area.
14-16 S. Second Street, Wonnleysburg
4
5-1206 C-l
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'.EAL ESTATE AlpRA!S~~
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NEIGHBORHOOD ANALYSIS
The subject property is located on the western side of South Second Street in Wormleysburg
Borough, W onnleysburg, Cumberland County and is situated west of the City of Harrisburg, and the
Susquehanna river. The population of the borough has remained generally stable over the past
decade.
Land uses in the immediate vicinity of the subject are primarily commercial along Front
Street with residential uses intermixed and Second Street and others on the interior streets. The site is
located approximately two blocks north of the Walnut Street Bridge which connects to the city of
Harrisburg. The site is bounded to the north by residences and to the south by residences, to the east
by Front Street and the Susquehanna River, and to the west by residences. Catalano's Lounge and
Restaurant, Dukes Riverside Cafe and Henrys River Street Garage are also in the area.
Uses within the general neighborhood range from river front residences to apartment building,
offices and various commercial buildings.
Within the neighborhood, uses range from residential and apartment to office and commercial
facilities. Residential uses range in price from $70,000+ to in excess of $700,000 depending on the
size and location with majority of residential developments situated away from major traffic arteries.
Modest residential developments in the area include Riverview Heights, Northwood Hills, West
Creek Hills and Victoria Glen. Exclusive developments include Pennsboro Manor, Susquehanna
Hills and the new development of White Oaks.
In summary, the immediate neighborhood is generally residential with commercial uses
intermixed and along Front Street. Therefore, it is anticipated that th,e neighborhood will remain
stable, with the potential for assemblage of older neighborhood properties for new commercial
development and use.
14-16 S. Second Street, Wonnleysburg
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5-1206 C-I
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NEIGHBORHOOD MAP
14-16 S. Second Street, Wormleysburg
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SITE ANALYSIS
, The subject property is located on the west side of South Second Street and is known and
I
numbered 14-16 South Second Street, Wormleysburg, Cumberland County, PA.
The deeded site dimensions are as follows: The 14-16 South Second Street site measures 58'
frontage x 141' x 58' x 139' and contains 8,120 square feet or .1864 acres. The subject is a comer
lot.
Topography is relatively level to grade at the front and inclines at the rear of the site toward the
railroad tracts at the rear.
The front of the site along South Second Street retain concrete sidewalks that are relatively
level with paved street parking and some off street parking for the rear apartment at the rear of the
site.
Public utilities include electric, gas, telephone, public water and sewer.
Zonin2:
Zoning ofthis subject property is R-3, Limited Residential District, with the apartment and
former storefront antique shop. The apartments and residence are a pennitted conforming use. The
storefront is not permitted at the present time and would require a variance for parking from the
Borough. For a complete listing of permitted uses and additional information, consult the
Wormleysburg Ordinance and Borough Manager, Gary W. Berresford at 763-4483. A copy of the
section ofthe zoning ordinance pertaining to R-3 zoning is included in the addenda for your
reference.
Hazardous Materials/Flood Information
The appraiser has no knowledge of underground storage tanks or hazardous materials on site,
in the soil or subsoil or gases found in the environment such as toxic waste or radon gas, etc., which
mayor may not be present in the property.
I urge the client to retain an expert on these matters to perform a DEP Phase I Report, with
this appraisal based on clear certifications and assume the property is cleared of hazardous materials.
Based on information obtained from the U.S. Department of Housing & Urban Development, Federal
Insurance Administration Flood Maps, the subjects are located in Zones B of HUD identified flood
hazard area as shown on Community-Panel 4203740001B, effective February 16, 1977. Flood
insurance is required for the subject.
14-16 S. Second Street, Wormleysburg
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InterFlood~._
www.lnterflood.com · 1-800-252-6633
Prepared for:
GEORGE CLAUSER
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FlOODSCAPE
Flood Hazards Map
Map Number
42037400018
Effective Date
February 16, 19n
14 S, 2nd Street
Wormleysburg, PA 17043
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m 1999.2005 Source Prose and/or FloodSouroe Corporations, PI! rights reserved. Paents 6.631,326 and 6.678,615, OIher patents pending. For Info: info@floodsource,com.
14-16 S, Stx:ond Street, Wormleysburg
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CLAUSE. REAL ESTATE APPRAISALS
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14-16 S. Second Street, Wormleysburg
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CLAUSl.. REAL ESTATE APPRAISALS
IMPROVEMENT ANALYSIS
, Improvements on the subject site include an older 2 story detached residence, a storefront
with two apartment above on the second floor and a detached building with a third apartment on the
second floor with first floor garage/storage area
The older 2 story residence is a detached, vinyl covered building with open front and side
porch, containing a total gross building area of 1,410 square feet. Property was vacant on date of
inspection and the first floor contains a kitchen with dining area, dining room, living room. Plaster
ceiling in dining room needs repaired and the entire floor needs redecorating. Second floor has three
bedrooms, two of which connect a full bath and den area. All are in need of repairs and redecorating.
Basement is under approximately 50% of the first floor and has dirt floor, concrete block and
concrete walls. Heat is oil fired hot water with 275 gallon oil tank. Domestic hot water is supplied
by a 50 gallon electric water heater. Electric service is 200 amps. Estimated rent is $450 per month.
The rear building above the garage/storage area contains 1,036 square feet on the second floor
apartment which has outside stairway access to this unit. The unit contains a living room, dining
room, modem kitchen with oak cabinets, single bowl porcelain sink and Formica countertop. In
addition, there is a full bath and two bedrooms. Also, there is an 8.5'x 12'den or enclosed porch
which is unheated. Condition is good and rent is $500.00 per month. Finish included paneled and
drywall walls, carpeted, pine or vinyl floors and suspended or drywall ceilings. Heat is oil fired hot
air. Condition of the unit is good.
The front building is an older 2 story detached concrete block stmcture with vacant storefront
on the first floor and two occupied apartment on the second floor.
Gross building area is 1,752 SF per floor or 3504 SF for the building.
First floor is a vacant former antique shop, 1 showroom and exhibits and open storeroom, .5
bath and storage room. Ceiling needs repaired and rooms need redone. Finish includes paneled
walls, carpeted floor and suspended heat units. The storeroom has been vacant several years and
would need Borough approval to reopen as a store due to parking constraints.
Second floor rear apartment is tenant occupied and contains living room, dining area, kitchen
with wood walls and metal cabinets and an old style porcelain sink. In addition, there are two
bedrooms and one full bath with tub/shower, commode and lavatory. Condition is average.
Second floor front apartment is tenant occupied and also exhibits a living room, dining room,
a more modern kitchen than the rear unit apartment, two bedrooms and one full bath. Condition and
finish is average.
Heat is oil fired and electric service is assumed adequate with certification suggested should
the property be marketed. Appraised value assumes clear certifications for any testing conducted.
Personal Property
No equipment or personal property is included in this valuation.
14-16 S. Second Street, Wormleysburg
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HIGHEST AND BEST USE
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The highest and best use of a property is that use to which the land can be put which will
create the greatest utility for the land, be it in profit or in amenities, and that which is permitted or
would be permitted by the local municipal or township authorities and that which would not be
unduly objectionable to the character of the surrounding property, and keeping within the scope of
the general neighborhood development.
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Highest and best use may be defined as follows:
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The reasonably probable and legal use of vacant land or an improved
property, which is physically possible, appropriately supported,
financially feasible, and that results in the highest value. The four
criteria the highest and best use must meet are legal permissibility,
physical possibility, financial feasibility and maximum productivity.
(The Dictionary of Real Estate Appraisal, Third Edition, 1993 pg. 171)
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Highest and best use reflects a basic assumption about real estate market behavior; that the
price a buyer will pay for a property is based on their conclusions about the most profitable use of the
site or property. The determination of highest and best use must be based on careful consideration of
prevailing market conditions, trends affecting market participation and change, and the existing use
of the subject property.
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In estimating highest and best use, there are essentially three states of analysis-
A. Possible use- uses to which it is physically possible to put th(~ site in question.
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B. Permissible use-legal uses permitted by zoning and deed restrictions on the site ill
question
C. Feasible use-possible and permissible uses that will produc:e the highest net return, or
highest present worth.
The highest and best use of the land (site), if vacant and available for use, may be different
from the highest and best use of t.i.e improved property. This is normally true when the improvements
are not an appropriate use and yet make a contribution to the total property value in excess of the
value of the site.
The highest and best use of the subject property is continued current use as a storefront-
antique shop commercial and residential units and of course, assuming Borough approval.
14-16 S. Second Street, Worrnleysburg
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CLAUSE ~mAL ESTATE APPRAISALS
VALUATION PROCESS AND SCOPE OF APPRAISAL
i The purpose of this appraisal is to estimate the market value of the fee simple title to the
subject property. The goal of the valuation process is a well documented and supported value
conclusion that reflects the appraiser's study of all factors that influence the market value of the
property being appraised. In order to do this, the appraiser usually studies a property from three
different view points which are typically known as the three approaches to value. They are as
follows:
1. The Cost Approach whereby the current cost of reproducing or replacing the
improvements less the loss in value from depreciation equals a depreciated cost of
improvements. To this depreciated cost of improvements, the value of the land is added
to arrive at an indication of value.
2 The Income Capitalization Approach looks at the earning power of the subject property,
its income of anticipated future benefits and capitalizes this into an indication of value.
3. The Sales Comparison Approach is that approach to value whereby the subject property
is compared to other recent sales of comparable properties to arrive at an indication of
value.
Information for the application of the three approaches to value is obtained from the market
through research and analysis and it should be noted that the approaches are interrelated. Separate
indications of property value are usually derived from each approach. These approaches to value will
be considered in the following section of this report.
14-16 S. Second Street, Wonnleysburg
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5-1206 C-I
CLAUSE. ffiAL ESTATE APPRAISALS
COST APPROACH
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Approach through which an appraiser derives a value indication of the fee simple interest in a
property by estimating the current cost to construct a reproduction of or replacement for the existing
structure, deducting for all evidence of accrued depreciation from the cost new of the reproduction or
replacement structure, and adding the estimated land value plus an entrepreneurial profit. (The
Dictionary of Real Estate Appraisal Second Edition, Page 72).
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Reproduction cost will be used in this appraisal and may be defined as:
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The cost of construction at current prices of an exact duplicate or replica using the same
materials, construction standards, design, layout and quality of workmanship and embodying all of
the deficiencies, super-adequacies and obsolescence of the subject building. (The Dictionary of Real
Estate appraisal Second Edition, Page 254).
The Cost Approach is based on the proposition that a knowledgeable buyer would not pay
more for a property than the cost of building a new property to the same utility.
The Cost Approach to value consists of the following steps and includes the valuation of the
land:
1. Estimate the value of the land as though vacant and available to be developed to its
highest and best use.
2. Estimate the reproduction cost of the building on the effective date of appraisal.
2. Estimate the amount of depreciation in the structure including physical deterioration,
functional obsolescence and external obsolescence.
4. Deduct the estimated depreciation from the reproduction cost of the structure to estimate
the buildings contribution to value.
3. Estimate the depreciated cost of other structures and site improvements.
6. Add the depreciated value of buildings, other structures and site improvements to the site
value to arrive at an indication of value by the Cost Approach.
The Cost Approach is most helpful when the subject is relatively new and offers a layout
common to the use for which the property is being utilized. With older buildings, however, it
becomes increasingly difficult to estimate depreciation of the three types indicated above
(particularly physical deterioration). For this reason the Cost Approach was not used in this report.
14-16 S. Second Street, Wormleysburg
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CLAUSE tEAL ESTATE APPRAISALS
INCOME CAPITALIZATION APPROACH
I Approach through which an appraiser derives a value indication for income-producing
property by converting anticipated benefits, i.e., cash flows and reversions, into property value. This
conversion can be accomplished in two ways: One year's income expectancy or an annual average of
several years income expectancies may be capitalized at market-derived capitalization rate or a
capitalization rate that reflects a specified income pattern, return or investment, and change in the
value of the investment; secondly, the annual cash flows may be discounted for the holding period
and the reversions at a specified yield rate. (The Dictionary of Real Estate Appraisal Second Edition,
Page 156).
The Income Approach consists of the following steps:
1. Estimate the potential gross income of the property.
2. Add additional income from other sources.
3. Subtract the typical market derived rent loss that occurs from vacancies, credit losses
and collection problems.
4. The resulting number is the effective gross income (E.G.!.)
5. From the E.G.I. subtract normal operating expenses, fixed c;:xpenses and reserves for the
replacement of short lived building components.
6. This results in the net operating income (N.O.I.)
7. Develop a direct capitalization rate. In this appraisal, the band of investment-mortgage-
equity technique will be used.
8. Divide the N.O.!. of the property being appraised by the appropriate capitalization rate
which gives an indicated value by the Income Approach.
This approach was considered but not used as two of the units are vacant and need rehabbed
before renting. The storeroom may not be able to be reopened without a variance. Running the
income and expense numbers in its present condition indicated an extremely low value estimate and
as a result was not used.
14-16 S. Second Street, Wormleysburg
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CLAUSR~ _ilEAL ESTATE APPRAISALS
SALES COMPARISON APPROACH
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The approach through which an appraiser derives a value indication by comparing the property
being appraised to similar properties that have been sold recently, applying appropriate units of
comparison and making adjustments, based on the elements of comparison, the sale price of the
comparables. (The Dictionary of Real Estate Second Edition AIREA, Page 265).
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In applying the Sales Comparison Approach, the appraiser takes the following steps:
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1. Researches the market and selects the sales and/or listings of properties most comparable
to the property being appraised. Generally, the most current and similar comparable sales
prove to be best indicators of the value of the subject.
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2. Collects and verifies data on each selected property's selling and listing prices, dates of
sale, physical differences, locational characteristics and any special conditions.
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3. Analyzes and compares each propeI1y with the subject as to time of sale, location,
physical characteristics, conditions of sale and other differences.
4. Adjusts the sale or listing price of each comparable for differences between it and the
subject. Adjustments are based on market extractions and/or judgement.
5. Reconciles the adjusted prices of the comparable properties into an indication of value of
the property being appraised.
In an effort to arrive at value indications by the Sales Comparison Approach, sales of
reasonably similar properties in surrounding areas were studied. Our research included both East &
West Shore municipalities.
Numerous sales were studied, as well as, current listings and properties under contract. Only
the most comparable sales have been selected for inclusion in this report. Verification of sales
information with realtor, grantor, grantee and coUI1house records was conducted where possible.
Each comparable property was compared to the subject property and adjustments were made
for significant differences. The adjusted price of each comparable indicated a value range for the
subject which was then reconciled into a single value indication via the Sales Comparison Approach.
14-16 S, Second Street, Wormleysburg
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CLAUSE .mAL ESTATE APPRAISALS
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SALES COMPARISON APPROACH (Cont'd)
The Sales Comparison Approach yields an indication of value by comparing recent sales of
similar properties, and making adjustments for time, location, physical and other differences. Among
the area sales reviewed were the following, all of which reflect the sale of properties similar to the
subject. All the sales chosen occurred in Cumberland County.
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Sale 4
124 South Second Street, WormIeysburg sold August 2,2005 for $100,000. This
building contained four units and a gross building area of 2,138 SF. Indicated price
per unit was $25,000 and the indicated price per SF of building including land was
$46.77.
9-11 South Second Street Wormleysburg sold July 26,2004 for $196,000. This 3
unit property consists of a semi-detached dwelling and a semi-detached dwelling with
2 units with a total of3,632 SF. Units were 1-4 bedrooms, 1-1 bedroom, and 1-2
bedroom unit. There are two garages at rear of property. Indicated price per unit was
$65,333 with the indicated price per SF of building including land being $53.96.
700 N. Front Street and rear, Wormleysburg sold February 14, 2005 for $210,000.
This was a 5 unit property with garages at the comer ofN. Front Street and Edna
Street. There were 4 units in the main building and one unit above the garages. Total
building area was 3,530 SF. Price per unit was $42,000 per unit with the price per SF
of building including land of$59.49.
622-624 Market Street, Lemoyne sold September 30, 2004 for $123,250. This
property consisted of a 4 unit in both sides of the duplex with tenants paying heat and
electric. Gross building size was 2,128 SF for an indicated price per SF of building
including land of$57.91. Price per unit was $30,812. Units were air conditioned.
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5-1206 C-1
14-16 S. Second Street, Wormleysburg
SALES COMPARISON APPROACH (Cont'd)
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Sale 1
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124 S. Second Street
W ormleysburg, P A
Sale 3
700 N. Front & Rear Street
W ormleysburg, P A
14-16 S. Second Street, Wormleysburg
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CLADS. REAL ESTATE APPRAISALS
Sale 2
9 - 11 S. Second Street
Vii ormleysburg, P A
Sale 4
622-624 Market Street
Lemoyne, P A
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CLAUSI REAL ESTATE APPRAISALS
SALES COMPARISON APPROACH - (Cont'd)
I SALES COMPARISON ADJUSTMENT GRID
Unit of Subject Sale 1 Sale 2 Sale 3 Sale 4
Comparison
Address 14-16 s. 2ndSt. 124 S. 2nd St 9-11 S. 2nd St. 700 N. Front St. 622-624 Market St.
Wormleysburg Wormleysburg Wormleysburg Wormleysburg Lemoyne
Sales Price n/a $100,000 $196,000 $210,000 $123,250
# of Units 5 4 3 5 4
Date of Sale n/a 8-05 7-04 2-05 9-04
0 +9,8 00 +6,300 +6,162
Location A 0 0 -2,100 -12,325
Gross Building 2,138 3,632 3,530 2,128
Size 5,950 SF +57,180 +34,770 + 36,300 +57,330
Condition A-F A-F Superior Superior Superior
-25,000 -25,000 -25,000
Flood Zone Yes Yes Yes Yes No
Net Adjustments +57,180 +19,570 -3,400 +26,167
Indicated value $157,180 $215,570 $206,600 149,417
Sales Comparison Approach Reconciliation
In reviewing the sales in this report, after adjustments they indicated a value range which
extends from a low of$149,417 to a high of$215,570. The mean of the four sales is $182,191. Due
to the condition of 2 units and the fact that the storeroom may not be opened due to Borough
requirements, my final estimate of value is less than the mean and at $175,000.
Therefore, the value estimate by the Sales Comparison Approach for the subject at 14-16
South Second Street, Wormleysburg as of November 3,2005, date of death of Mr. Ferdenbaugh is:
ONE HUNDRED SEVENTY-FNE THOUSAND ($175,000) DOLLARS
14-16 S. Second Street. Wonnleysburg
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CLAUSI. REAL ESTATE APPRAISALS
RECONCILIATION
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The indications of value as developed by the three approaches to value for the subject property
located at 14-16 South Second Street are as follows:
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Value indicated by the Cost Approach
Value indicated by the Income Approach
Value indicated by the Sales Comparison Approach
Not Applicable
Not Applicable
$175,000
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The cost factors used in the Cost Approach have been developed from local contractors,
Marshall Valuation Service, as well as, but not limited to my experience as an appraiser and realtor,
which reflects the local present cost of construction. The Cost Approach generally will result in an
excellent estimate of value if the building is new or reasonably new, and the improvements reflect the
highest and best use of the land. However, when items of physical deterioration and obsolescence
must be estimated, an area of judgment is involved which is subject to error. This approach however
in not used in this appraisal as it is deemed not applicable due to the difficulty in determining
depreciation of the subject property.
Generally, purchasers of commercial, apartment and office buildings are more concerned with
the income the property will produce rather than its reproduction cost. There has been sufficient
market data to provide reliable and factual information to develop a good indication of value on the
Income Approach. The ability of the property to continue to provid(: a reasonable return and the
competitive position of this investment were considered. Most purchasers of income properties,
similar to the subject, take into consideration tax shelter through depreciation seeking a long term real
estate investment and/or retirement fund and do not hesitate to pay a little more for an income-
producing property such as the subject property. Market study indicates purchasers of this type
property are expecting a 10% return on equity with an expectation of future market appreciation. The
Income Approach was not used due to the physical condition of 2 units which need rehabbed prior to
renting and the fact that the storeroom may not be reopened as it would need a variance and
remodeling.
Greatest weight is given to the Sales Comparison Approach that reflects the reactions of the
typical buyers and sellers in the market place. Sales of four properties were well documented and
analyzed. This approach indicated a value of$175,000 for the subject.
After careful consideration of all the factors which influence value, with greatest weight on
the Sales Comparison Approach, it is my opinion that $175,000 reflects the estimated market value of
this property.
Final value estimate as of November 3, 2005, date of death oH"fr. Ferdenbaugh is:
ONE HUNDRED SEVENTY-FIVE THOUSAND - ($175,000) - DOLLARS
No equipment or personal property is included in this valuation.
Should the property be marketed, estimated selling time is 3-6 months.
14-16 S. Second Street, Wormleysburg
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REAL ESTATE APPRAISALS
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CERTIFICATION AND STATEMENT OF LIMITING CONDITIONS
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I certify that. to the best of mv knowledl!e and belief:
_ The statements of fact contained in this report are true and correct
The reported analyses, opinions, and conclusions are limited only by the repoded assumptions and limiting conditions, and are my pernonal, unbiased professional
analyses, opinions, and conclusions. .
I have no (or the specified) present or prospective interest in the property that is dle subject of this report, and no (or the specified) pernonal interest with respect to the
parties involved.
_ I have no bias with respect to the property that is the subject of this report or to the parties involved in this assignment
_ My engagement with this assignment was not contingent upon developing or reportillg predetermined results.
My 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 attaimnent of a stipulated resaIt, or the occurrence of a subsequ,mt event directly elated to the intended use of this
appraisal.
_ My analyses, opinions, and conclusions were developed. and this report has been prepared, in conformity with the Uniform Standards of Professional Appraisal Practice,
_ I have made a personal inspection of the property that is the subject of this report
CERTIFICATION: The ADDraiser certifies and al!rees that:
I. The Appraiser bas no present or contemplated future interest in the property appraised; and neither the employment to make the appraisal, nor the
compensation for it, is contingent upon the appraised value of the property.
2. The Appraiser has no personal interest in or bias with respect to the subject matter for the appraisal report or the participants to the sale. The
"Estimate of Market Value" in the appraisal report is not based in whole c.- in part upon the race, color, or national origin of the prospective owners or
occupants of the property appraised. or upon the race, color or national origin of the present owners or occupants of the properties in the vicinity of
the property appraised.
3. The Appraiser has personally inspected the property, both inside and out, and has made an exterior irn..pection of all comparable sales listed in the
report, To the best of the Appraiser's knowledge and belief, all statemeots and information in this report are true and correct, and the Appraiser bas
not knowingly withheld any significant information.
4. All contingent and limiting conditions are contained herein (imposed by the terms of the assignment or by the undersigned affecting the analysis,
opinions, and conclusions contained in the report).
5. This appraisal report has been made in conformity with and is subject to the requirements of the Code of Professional Ethics and Standards of
Professional Conduct of the appraisal organizations with which the Appllliser is affiliated.
6, All conclusions and opinions concerning the real estate that are set forth in the appraisal report were prepared by the Appraiser whose signature
appears on the appraisal report, unless indicated as "Review Appraiser", No change of any item in the appraisal report shall be made by anyone other
than the Appraiser, and the Appraiser shall have no responsibility for any such unauthorized change,
CONTINGENT AND LIMITING CONDITIONS: The certification of the Appraiser appearing in the appraisal report is subject to the following
conditions and to such other specific and limiting conditions as are set forth by the Appraiser in the report,
I. The Appraiser assumes no responsibility for matters of a legal nature affecting the property appraised or the title thereto, nor does the Appraiser
render any opinion as to the title, which is assumed to be good and markel3ble. The property is appraised as though under responsible ownership.
2. Any sketch in the report may show approximate dimensions and is included to assist the reader 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 becausellfhaving made the appraisal with reference to the property in question,
unless arrangements have been previously made therefor.
4. Any distribution of the valuation in the report between land and improvements applies only under the existing program of utilization. The separate
valuations for land and building must not be used in conjunction with any other appraisal and are invalid if so used,
S, The Appraiser assumes that there are no hidden or unapparent conditions of the property, subsoil, or stl1lctures, which would render it more or less
valuable. The Appraiser assumes no responsibility for such conditions, or for engineering which might be required to discover such factors,
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 the Apprdiser can be assumed by the Appraiser.
7. Disclosure of the contents of the appraisal report is governed by the Bylaws and Regulations of the professional appraisal organizations with which
the Appraiser is affiliated,
8. Neither all, nor any part of the content of the report, or copy thereof (including conclusions as to the property value, the identity of the Appraiser,
professional designations, reference to any professional appraisal organizarions. or the firm with which the Appraiser is connected), shall be used for
any purpose by anyone but the client specified in the report, the borrowt% if appraisal fee paid by same, tne mortgages or its successors and assigns,
mortgage insurers, consultants, professional appraisal organizations, or any state or federally approved financial institution, any department, agency,
or instrumentality of the United States or any state or the District of Columbia, without the previous written consent of the Appraiser; nor shall it be
conveyed by anyone to the public through advertising, public relations, news, sales, or other media, without the written consent and approval of the
Appraiser.
9, On all appraisals, subject to satisfactory completion, repairs, or alterations, the appraisal report and value ,;onclusion are contingent upon completion
of the improvements in a workmanlike manner.
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CONTINUING EDUCATION:
The Appraisal Institute conducts a voluntary program of continuing education for its designated members. SRAs who meet the minimum standards of
this program are awarded periodic educational certification. I am currently certified under the SRA program.
ENVIRONMENTAL DISCLAIMER: The value estimated in this report is based on !be assumption that the property is not negatively affected by the existence of
hazardous substances or detrimental environmental conditions, The appraiser is not III expert in the identification of hazardous substances or detrimental environmental
conditions. The appraiser's routine inspection of and inquiries about !be subject property did not develop any information that indicated any apparent significant hazardous
substances or detrimental environmental conditions which would affect the property negatively, It is possible that tests and inspections made by a qualified hazardous
substance and environmental expert would reveal the existence of hazardous materials aud environmental conditions on or around the property that would negatively affect its
value,
Signature of Appraiser:
Appraiser
Date
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14-16 S, Second Street, Wonnleysburg
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CLAUSF "lEAL ESTATE APPRAISALS
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Wormleysburg Borough Zoning Extract
Part 7
R-3 Limited Residential Oistrict
mL Purpose. The purpose of this district is to encourage multi-family residential. offices
and limited retail uses for revitalization ofthis district by encouraging the consolidation of small lots (Ord.
330. 6/10/1980, ~700)
&702. Permitted Uses. A building may be erected or used. and a lot may be occupied for
any of lhe following uses and no other.
I. Single family detached dwelling.
2. Single family semi-detached dwelling.
3. Two (2) family detached dwelling.
4. Two (2) family semi-detached dwelling.
5. Single family attached dwelling (row house or townhouse).
6. Business, professional and financial offices.
7. Class A multiple dwelling. apartment-office building. (offices permitted on the first floor
only; or, second floor if first floor is used for entrance and parking purposes only.)
Tea room, gift shop, delicatessen, confectionery store, retail food-store and retail drug store.
The retail selling area in this district shall not exceed one thousand (1,000) square feet per
building or lot. These uses are permitted as an integral part of an office or
office-apartment building and allowed on the first floor only or second floor if first floor
is used for entrance and parking purposes.
Barber shop or beauty shop.
Libraries and other muniCipal building or facilities.
Recreational uses, either private or municipal.
Post office, public or private schools. fire companies, telephonel general office.
transfonner substat!on and public utility facilities necessary to Ule community.
Apartment conversIOns.
Accessory uses on the same jot, customarily incidental to any of the aoove-permitted uses.
including private garages and carports. A private garage or carport structurally attached
to the main building is considered part of the building for yard and coverage purposes. A
driveway not to exceed twenty feet (20') in width is permitted in the front yard area for
access to private garage or carport. Parking in the front yard are:J1 other than the driveway
is prohibited.
15. Sheds shall be permitted in accordance with the criteria set in PllIt 12 of this chapter.
16. Family child day care home as defined in Part 12.
17. No-impact home-based business.. (Added 1114/03)
COrd. 330, 611 0/1980, .s.70 I; as amended by Ord. 388, 11/13/1990, ~8)
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9.
10.
II.
12.
13.
14.
&703. Special Restriction. There shall be and remain a buffer yard behveen the existing
residential properties located in the RR-I, Restricted Residential District. and the R-3. Residential
District. as rezoned in accordance with provisions outlined herein. Said buffer yard shall be fifty feet
(50') in width and shall have screen planting consisting of trees, shrubs and other planted material
arranged in a manner to serve as a barrier to visibility, airborne debris, glare and noise.
(Ord. 317, 9112/1978. ~2; as amended by Ord.3S6, 1019/1984. ~709)
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14-16 S. Second Street, Wormleysburg
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&704. Provisions Relating to Said Buffer Zone. The following requirements shall be met
concerning any improvement on any lot situate in the R-3, Limited Residential District. abutting any lot
in the RR-I, Restricted Residential District
I. Application Process. In connection with any proposed improvement of any lot located in the
R-3, Residential District, the. owner shall submit to the Borough the following:
A. Topographical survey showing the existing topography of the buffer zone, which said
survey shall be submitted on a scale of one inch = fifty feet and shall have two loot (2') contour intervals.
B. A plan showing the location of the proposed utility services to the building proposed to
be constructed on the lot.
e. Photographs of the existing buffer zone specifically to include trees and other vegetative
material.
D. A proposed topography plan showing the contour of the buffer :wne after construction is
completed.
E. The landscaping plan for the buffer zone which shall be in accordance with the following
requirements:
(I) Plant material used in the screen planting shall be comprised of not less than fifty percent
(50%) evergreen material and shall be not less than six feet (6') in height when planted.
(2) Screen planting shall be permanently maintained.
(3) The screen planting shall not be placed that at maturity it will be closer than five feet (5')
from any street or property line, unless otherwise directed by Borough Council
(4) Screen planting may be broken at points of vehicular or pedestrian access and other points
where barrier is not necessary.
(5) The landscaping plan shall show the species and size of all plant material to be placed in the
buffer zone.
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2. Safety precautions. Borough Council reserves the right require a minimum of one (I) to two
(2) slope in any area to be graded in the buffer zone and shall also have the right to require the owner to
install a fence within the butter zone if Borough Council deems the installation ofthe fence necessary to
adequately provide for the safety of others.
3. Removal at Existing Vegetative Material.. No trees, shrubs or other vegetative material shall
be removed from the buffer zone until the landscaping plan and the topographical plan have been
approved by Borough Council.
4. Public Hearing. Borough Council shall have the right, at its discretion, to give notice to any
owner within five hundred feet (500') of the lot being developed and hold a public hearing concerning the
proposed regarding and relandscaping the buffer zone.
5. No Other Use Permitted. The buffer zone as required in this Section shall be maintained along
with other vegetative material and screen planting and shall not be used for any purpose. However, it is
permissible for an exiting public or private right-of-way to traverse the butTer zone.
6. Building oermit. No building permit shall be issued until the topographical plan and the
landscaping plan have been approved by the Borough Council, following hearing, if Borough Council so
desires, and after review and recommendation by the Commission.
COrd. 356, 10/9/1 984, 9 I)
9705. Penalty for Violation. In addition to the penalties provided in 91512 of this Chapter, if any
person shall remove any tree, shrub or other vegetative material, except in strict compliance with the
provisions hereof, such person shall be required to restore, to include replanting of trees, shrubs or other
vegetative material of a like nature, at that person's expense. COrd. 356, 10/9/]1984, S I)
q706. Conditional Uses. Conditional uses may be allowed ordenied by the Borough Council after
recommendation by the Planning Commission, pursuant to express standards and criteria set forth in Part 16,
S1614.
I. Home occupation.
2. Cluster development an defined in Part 12.
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14-16 S. Second Street, Wonnleysburg
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CLAUSF. aEAL ESTATE APPRAISALS
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(Ord. 330, 6/10/1980, ~702)
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6707. Buildin~ HeidIt Limited. The height of a building shall not be more than four (4) stories
or forty feet (40'), (except for apartments, apartment office buildings, business, professional and financial
offices. of four (4) or more stories, which the height may be increased by one (I) story for each additional
five feet (5') added to each of the required side and rear yards, the maximum number of allowable stores not
to exceed five (5) floors. However, the height of a building may be increased to six (6) floors if the first
floor is used solely for parking and entrance lobbies for the upper floors to include elevator area and fire
tower areas. (Ord. 330, 6/10/1980, ~703)
!l708. Area regulations. The following regulations shall be applicable to all permitted uses except
single family attached dwellings (row house or townhouse). Area regulations for single family attached
dwellings are set forth in ~709 hereof,
1. Lot area and width - Minimum lot area per dwelling unit shall not be less than five thousand
(5,000) square feet and not be less than fifty feet (50') in width at the building setback line
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2. Lot coverage - All building, sidewalks, parking facilities, and all other impervious surfaces
shall not occupy more than fifty percent (50%) of the lot area.
A. Green Space - at least twenty percent (20%) of the lot area shall be in a vegetative
cover.
3. Yards-
A. Each lot to be used for single family detached, single family semi-detachcd. two (2)
. family detached and two (2) family semi-detached dwelling uses shall have front,
side and rear yards of not less than the depths and widths as follows:
(I) Front yard depth - twenty feet (20'). Where buddings now. exist on the
same side of the street in the block, front yard dl~pth shall confonn to the
general line of the existing buildings
(2) Side yard width - two (2) side yards with total widlth of not less than fifteen
feet (IS'). The minimum side yard on either side of not less than five feet
(5'). If any lot at the time of the enactment of this: chapter is less than fifty
feet (SO') in width at the building setback lines. the total width of the two
(2) side yards may be reduced by six inches (6") for each lot of less width
than fitly feet (50'). The total width of both side yards to be not less than
twelve feet (12'). In no case shall the width ofthe narrower side yard be
less than one-third (113) of the total width of the two (2) side yards.
(3) Side yard comer lots - exterior not less than twelve feet (12') and the total
width of the two (2) side yards shall not be less than seventeen feet ( 17').
(4) Rear yard depth - not less than fifteen feet (15'), except lots of record as of
May 10, 1950, the depth of which was less than one hundred feet (100') not less than ten
fect (10').
(5) Private garages, carports and accessory buildlings not attached to the
principle structure may be located in the rear yard, provided they do not violate the coverage
regulations set forth in this Part and that side yards of not less thail two feet (2') on either
side shall be provided. The rear yard setback shall conform to the building line of existing
building, within the same block on the same side of the street, bul! if there are no existing
buildings within the block on the same side of the street, then thf: rear yard building line
shall not be less than hyo feet (2').
B. Each lot to be used for other than those uses specified in Paragraph 3-A hereof and lots to
be used tor single fami.ly attacbed dwellings shall have front, side and rear yards of not less than the depths
and widths as follows:
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14-16 S. Second Street, Wormleysburg
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(1) Front yard depth - twenty-five feet (25') where existing structure is converted
to a nonresidential use, the existing front yard shall be acceptable" If however, the existing
structure is demolished or not otherwise utilized, then the front yard depth shall be not less than
twenty-five feet (25').
(2) Side yard width - twenty-five feet (25') combined, minimum ten feet (10') on one
side. If the existing structure is to be used for a non-residential use, then the existing side yard shall
be acceptable. However, if the existing structure is demolished or not otherwise utilized, then the
foregoing side yard requirements shall prevail. For new construction. where the side yard is
adjacentto a pennirted residential use, then the side yard shall have a width of not less than fifteen
feet (15').
(3) Side yard - comer lot twenty-five feet (25') combined, exterior side shall have a
width of not less than fifteen feet (15'). If the existing structure is to b~~ used for a non-residential
use, existing exterior side yards shall be acceptable. However, if the existing structure is
demolished or otherwise not utilized, then the foregoing exterior yard requirements shall prevail. For
new construction where the interior side is adjacent to a permitted residential use then the side yard
shall have a width of not less than fifteen feet (15').
(4) Rear yard depth - twenty-five feet (25') minimum.
(5) Side yard requirements for multi-unit buildings. See part 12,223 for additional
side yard regulations for buildings containing more than four (4) residential dwelling units.
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(Ord. 330, 6/1011980, ~704; as amended by Ord. 340, 1218/1981, ~2.
&709. Area Regulations for Sinlde Familv Attached Dwellinas.
I. Lot area and width - Minimum lot area per dwelling unit shall not be less than seven
thousand five hundred (7,.500) square feet and not less than seventy-five feet (75') in width at the setback
line.
2. Lot coverage - All buildings. sidewalks, parking facilities and all other impervious
surfaces shall not occupy more than fifty percent (50%) of the lot area.
a. Green space - At least twenty percent (20%) of the lot shall be maintained in a
vegetative cover.
J. A number of attached units - A single family attached dwelling shall not have less then
three (3) nor more than five (5) units in a row. Space between single family atta1ched dwelling buildings
shall be at least thirty feet (30').
4. Yards - Each lot to be used for single family attached dwelling use shall have front. side
and rear yards of not less than the depths and widths as follows:
A. Front yard depth - twenty feet (20'). Where buildings now exist on the same
side of the street in the block, front yard depth shall conform to the general line ofthe existing
buildings
B. Side yard width - two (2) side yards for exterior units with total width of not less
than twenty feet (20'). TIle minimum side yard on either side of the exterior unit shall be not
less Ihan eight feet (8').
C. Side yard comer lots - exterior side yard of not Jess than fifteen feet (15') and a
total width of the two (2) side yards for the exterior unils shall be not less than twenty-five feet
(25').
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14-16 S. Second Street, Wonnleysburg
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D. Rear yard depth - not less than twenty-five feet (25'); except lots of record as of
May 10, 1950, the depth of which was less than one hundred feet (100') not less than fifteen feet
( IS')
(Ord.330, 6/1011980, F05)
~ 710. Off-Street ParlUn!l:. Off-street parking shall be provided in llccordance with Part 13.
(Ord. 330, 6/10/1980, 9706)
llll. ~. As provided in Part 14. (Oed. 330,6/10/1980,9707)
~712. Plans for any use other than single family detached dwellings. single famify semi-
detached dwellings, and intericr alterations to professional andlor conunercial building space must be
submitted to the Planning Commission for review and reconunendation given to the Borough Council for
approval or disapproval before issuance of a building penn it.
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14-16 S. Second Street, Wormleysburg
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-ar a.Jcirtal.esoa~. C'wlIberl&lld CDWI."ty. ~"'-sr:Q\taft1A. Imaom ... Lot 110. '"65
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di:"~C1:j,on. 139 fa.1: to . point Dn S.cmul S
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D~' Second 'St:J"II!ef:. S8
fraction, J~l feet to .
1,. di_c~iclnli1ocq: the
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"0. 14 Sout:~ SecoDd Str..~
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andlcrllnteea herein by deed o~ Anna a. pftocl baugh., et: aI" d.t:ed
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De...... in _d ~or CUlabar'J.aad CGun'tJ' III U.ed It. "c::"'. "'ol~ 20. .
P~. 11111. . rt U thtl LntlUlt:bll of tl1i. dee that title to aa1d p.-..ia..
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5.1206 C-1
14-16 S. Second Street, Wormleysburg
P.O. BOX B
MARYSVILLE, PA 17053
TELEPHONE (717) 957-2196
RECE\VED
PNC ADVISORS
Ute 2 1 2005
Account Number
18030335
Paul L Ferdenbaugh
Anthony A Bruce Jr
513 Carol Street
New Cumberland PA 17070-1216
Statement Date
12/12/05
Page
1
TYPE OF ACCOUNT--Statement Savings Unlinked
Statement summary
Beginning Balance
Deposits/Credits
Checks/Debits
Interest Paid
Ending Balance
Interest rate
APY
11/14/05
220.09
370.81
370.81
.16
220.25
0.67%
0.67%
o
1
1
Credits
Debits
Credits/Deposits
Date
Amount
Description
11/16
12/12
370.81
.16
Auto Trans From Wachovia Bank N.1000613192553
Interest Deposited
Other Debits
Date
Amount
Description
11/23
370.81
Transfer To Loan Account 221617
Daily Balance Information
Date
Beginning Balance
11/16
Date
Balance
Balance
Date
Balance
220.09
590.90
12/12
220.25
11/23
220.09
rl:1 M&TBa1d{
499 Mitchell Road, Millsboro, DE 19966 Mail Code DE-MB-12
Phone (888) 502-4349
Fax (302) 934-2955
December 9,2005
PNC Bank
PNC Advisors
PO Box 308
Camp Hill, Pennsylvania 17001-9952
RECEIVED
PNC ADVISORS
DEe 1 j 2005
Re: Estate of Paul L Ferdenbauzh
Social Security: 172-01-9349
Date of Death: November 03. 2005
Dear Sir or Madam:
Per your inquiry dated December 0 I, 2005, please be advised that at the time of death, the above-named decedent had on
deposit with this bank the following:
I.
Type of Account
Checking Account
Account Number
32685939
Ownership (Names of)
Paul L Ferdenbaugh *
Anthony A Bruce 1II, POA *
Opening Date
0.8/28/64
Balance on Date of Death
$ 999.92
$ a 0.8 ./
Accrued Interest
Total
$1,0.0.0.0.0.
$ u,7., 1"7 0A~~~~dj;;le;~;ti~';;~ij;;c'il~d~d)'
Interest Paid YTD
2.
Type of Account
Savings Account
Account Number
0.150.0.4198160.80.3
Ownership (Names of)
Paul L Ferdenbaugh *
Anthony A Bruce Ill, POA *
Opening Date
12/23/0.3
Balance on Date of Death
$1,51094
$ 0..22 /
Accrued Interest
Total
$1,511./6
$ 5. 49J(Accrued interest is nol included)
Interest Paid YTD
Plea<;e be advised, there was no safe deposit box found for the above decedent. * For further account information,
regarding ownership, closures and/or reimbursement offunds, etc., please call the Highland Park Office # 717-737-
3322.
Sincerely,
'7'~ '"
.(v... <-
Nancy Clagett
Records Management
.
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o PNCBAN<
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.,. December 8, 2005
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~ Judy Haft1 scp
... '5: PNC Advisors
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E U l-U600-03-6
IE Camp Hill, P A 17112
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RE:
Estate of Paul L Ferdenbaugh (Deceased)
SSN: 172-01-9349
DOD: 11-03-2005
Dear Ms. Haftl:
#
In response to your request for Date of Death balances for the customer noted above, our
records show the following:
~.-
.fie
Certificate of Deposit
Account #31100214295 Established 07-10-2001
PAUL L FERDENBAUGH
DOD balance: $6,886.35 + $17.80 accrued interest
~i
Please note that this office only provides date of death balances for deposit accounts
(lRAs, CDs, Checking and Savings accounts). We do not process any financial
transactions or provide statements. If you need assistance with any of these items,
please call 1-888-PNC-BANK (1-888-762-2265) or stop by your local PNC Bank branch
office. '
~
.;F--
Sincerely,
~ -:I. ~
Erica L Schlegel
1-800-762-1775
P7-PFSC-04-F
500 Fim Ave.
Pittsburgh P A 15219
Member FDre
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