2 SPENCER ST
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Location
2 SPENCER ST
Mblu
92/ 36/ / /
Acct#
2834
Owner
TWIN PINES HOUSING TRUST
PBN
Total Market Value
$1,120,552
Appraisal
$1,120,552
PID
2003
Building Count
2
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2025$712,052$408,500$1,120,552
Assessment
Valuation YearImprovementsLandTotal
2025$712,052$408,500$1,120,552

Owner of Record
OwnerTWIN PINES HOUSING TRUST
Co-Owner
Address226 HOLIDAY DR, STE 20
WHITE RIVER JCT, VT 05001
Sale Price$835,000
Certificate
Book & Page 4262/0576
Sale Date12/29/2016
Instrument40

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
TWIN PINES HOUSING TRUST$835,000 4262/05764012/29/2016
SPENCER SQUARE LTD PARTNERSHIP$835,000 4262/05764012/28/2016
HEATH JR, EARL D$0 2516/02299901/24/2001
SPENCER SQUARE LTD PARTNERSHIP$0 2516/02299901/24/2001
HEATH JR, EARL D$180,500 02439/08039912/29/1999

Building Information
Building 1 : Section 1
Year Built: 2000
Living Area: 12,669
Replacement Cost: $1,368,938
Building Percent Good: 75
Replacement Cost
Less Depreciation:
$1,026,700
Building Attributes
FieldDescription
ModelCOMMERCIAL
StyleAPARTMENT
GradeAvg. (-)
Stories2
Units17
Residential Units17
Comm Units 
Wall Height8.00
Exterior Wall 1VINYL
Exterior Wall 2 
Roof StructureGABLE
Roof CoverASPHALT SH
Interior Wall 1DRYWALL
Interior Wall 2 
Interior Floor 1CARPET
Interior Floor 2LINOLEUM
Basement FloorCONCRETE
% Heated100
Heat FuelGAS
Heat TypeFORCED H/W
2nd Heat Type 
# Heat Systems17
AC Percent0.00
Bedrooms17
Full Bath(s)17
Bath RatingAVERAGE
3/4 Bath(s) 
Half Bath(s) 
Extra Fixture(s) 
PlumbingTYPICAL
Kitchen(s)17
Kitchen RatingAVERAGE
Extra Kitchen(s) 
Total Rooms41
FrameWOOD
FoundationCONCRETE
Bsmt Garage 
FBLA 
Rec Room 
Fin Attic 
Parking 
Fireplace(s) 
Fireplace Rating 
WS Flues 
WS Flue Rating 
Interior/ExteriorSAME
View 
ElectricADEQUATE
InsulationTYPICAL
PartitionTYPICAL
Solar Hot WaterNo
Central VacNo
% Sprinkled100
Sketch Area Adj 
Nbhd Modifier 
Color 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FFL1ST FLOOR 6,511 6,511
UFLUPPR FLOOR 6,158 6,158
BMTBASEMENT 5,978 0
OFPOPEN PORCH 80 0
SLBCONCRETE SLAB 520 0
   19,247 12,669
Building 2 : Section 1
Year Built: 2000
Living Area: 5,280
Replacement Cost: $583,307
Building Percent Good: 75
Replacement Cost
Less Depreciation:
$437,500
Building Attributes : Bldg 2 of 2
FieldDescription
ModelCOMMERCIAL
StyleAPARTMENT
GradeAverage
Stories 
Units4
Residential Units4
Comm Units 
Wall Height8.00
Exterior Wall 1VINYL
Exterior Wall 2 
Roof StructureGABLE
Roof CoverASPHALT SH
Interior Wall 1DRYWALL
Interior Wall 2 
Interior Floor 1CARPET
Interior Floor 2 
Basement FloorCONCRETE
% Heated100
Heat FuelGAS
Heat TypeFORCED H/W
2nd Heat Type 
# Heat Systems 
AC Percent 
Bedrooms4
Full Bath(s)4
Bath RatingAVERAGE
3/4 Bath(s) 
Half Bath(s) 
Extra Fixture(s) 
PlumbingTYPICAL
Kitchen(s)4
Kitchen RatingAVERAGE
Extra Kitchen(s) 
Total Rooms16
FrameWOOD
FoundationSLAB
Bsmt Garage 
FBLA 
Rec Room 
Fin Attic 
ParkingTYPICAL
Fireplace(s) 
Fireplace Rating 
WS Flues 
WS Flue Rating 
Interior/Exterior 
ViewAVERAGE
ElectricADEQUATE
InsulationTYPICAL
PartitionTYPICAL
Solar Hot WaterNo
Central VacNo
% Sprinkled 
Sketch Area Adj 
Nbhd Modifier 
Color 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FFL1ST FLOOR 3,520 3,520
HSTHALFSTORY 3,520 1,760
SLBCONCRETE SLAB 3,520 0
   10,560 5,280

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
SOLXSOL 72:623.60 KW$5,4001
61ELEV-PAS2.00 LEN$49,5001

Land
Land Use
Use Code1120
DescriptionAPT 9+UP  
ZoneLD
NeighborhoodC3
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)0.76
Frontage
Depth
Total Market Land$408,500
Appraised Value$408,500

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
85PAVING  3000.00 SF$11,3001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$678,714$408,500$1,087,214
2024$422,533$337,700$760,233
2023$462,574$337,400$799,974

Assessment
Valuation YearImprovementsLandTotal
2025$678,714$408,500$1,087,214
2024$422,533$337,700$760,233
2023$462,574$337,400$799,974

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