505 P St
Port Townsend, WA 98368
3 bd 2 ba 2,144 sqft Built 1969 Lot 7,500 sqft single_family
Most recent sale
$978,000
Jun 10, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 10, 2022 | Sold | $978,000 | MLS #1929530 |
| May 24, 2022 | Listed | $847,000 | MLS #1929530 |
| Apr 22, 1992 | Sold | $87,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2026 | $736,331 | $223,750 | $960,081 | $8,211 |
| 2025 | $736,331 | $223,750 | $960,081 | $6,766 |
| 2024 | $528,617 | $210,000 | $738,617 | $6,627 |
| 2023 | $427,445 | $195,000 | $622,445 | $5,299 |
| 2022 | $354,014 | $120,313 | $474,327 | $4,601 |
| 2021 | $342,213 | $105,875 | $448,088 | $4,506 |
| 2020 | $342,213 | $105,875 | $448,088 | $4,159 |
| 2019 | $306,812 | $96,250 | $403,062 | $3,513 |
| 2018 | $273,477 | $96,250 | $369,727 | $3,699 |
| 2017 | $256,385 | $84,000 | $340,385 | $3,290 |
| 2016 | $239,292 | $84,000 | $323,292 | $2,912 |
| 2015 | $213,654 | $84,000 | $297,654 | $2,731 |
| 2014 | $196,561 | $80,500 | $277,061 | $1,425 |
| 2013 | $70,227 | $70,000 | $140,227 | $1,579 |
| 2012 | $84,720 | $85,000 | $169,720 | $1,487 |
| 2011 | $84,720 | $85,000 | $169,720 | $1,433 |
| 2010 | $84,720 | $85,000 | $169,720 | $1,321 |
| 2009 | $84,720 | $85,000 | $169,720 | $1,180 |
| 2008 | $74,485 | $72,500 | $146,985 | $1,191 |
| 2007 | $74,485 | $72,500 | $146,985 | $1,229 |
Property facts
Year built
1969
Property type
single_family
Stories
—
Beds
3
Baths
2
Living area
2,144 sqft
Lot size
7,500 sqft
ZIP code
98368
City
Port Townsend
Street
P St
Coordinates
48.12674, -122.76654
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,931
Gross rental yield
6.05%
Implied cap rate
3.93%
Trend-extrapolated value
—
Frequently asked questions
When did 505 P St last sell?
505 P St most recently sold on Jun 10, 2022 for $978,000.
What is the current tax assessment for 505 P St?
The most recent total assessment for 505 P St (year 2026) is $960,081 with $8,211 in property tax.
How does 505 P St's assessment compare to its last sale price?
The current assessment is 1.8% below the last sale price of $978,000.
When was 505 P St built?
505 P St was built in 1969.
How does 505 P St compare to others on P St?
We track 5 other properties on P St. Browse the list under "Other properties on P St" to compare beds, baths, and sale history.
What are the property facts for 505 P St?
505 P St is a 3 bed, 2 bath, 2,144 sqft, 7,500 sqft lot single_family.
Is 505 P St a flip candidate?
No — 505 P St does not appear in our flips dataset.
Is 505 P St a tax-appeal candidate?
No — 505 P St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.5%
Implied 1-yr
+10.1%
2026 Q3
$739.8K
2026 Q4
$755.8K
ZIP 98368 — Median Price History + Forecast
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Geography