$2,700,000
SOLD MAY 6, 2021

505 Commercial St Provincetown, MA 02657

2 Beds
4 Baths
3,572 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$756 Per Sq Ft

13% Below List Price

117 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Deck
  • 1 Fireplace
  • Colonial Architecture
  • Wood Flooring
  • No HOA

About This Home

As of September 2025

RARE WATERFRONT GEM!A chance to own part of Provincetown history! Originally built and owned by renowned artist Pat de Groot, now owned by prominent painter Anne Packard, it's easy to see why this property is a creative's dream. The sweeping views of the Bay and Long Point all throughout the home will take your breath away. There are three attached exterior decks to enjoy the breeze and entertain outdoors. Walk down a few steps from your deck and spend your day right on the beach!This exceptional East End property has a two family designation and offers spacious living in the main house, with a bonus of a separate unit above ideal for renting, extra guests or studio space. The original wood from floor to ceiling and wood burning fireplace make for a cozy home, while ample windows frame stunning seascapes and invite in the beautiful natural light. This generous sized lot offers plenty of privacy, with a whimsical front yard and two parking spots. A special opportunity not to be missed, there are not many properties like this left in Provincetown!

Last Agent to Sell the Property

Shelby Zawaduk

Kinlin Grover Real Estate Listed on: 09/22/2020

Last Buyer's Agent

Emily Flax

Gibson Sotheby's International Realty License #9501746

Gibson Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,397

Year Built

  • Built in 1962

Lot Details

  • 8,276 Sq Ft Lot
  • Property Fronts a Bay or Harbor
  • Fenced Yard
  • Garden
  • Property is zoned R3

Home Design

  • Colonial Architecture
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Shingle Siding

Interior Spaces

  • 3,572 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Wood Flooring

Kitchen

  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Electric Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • No Cooling
  • Forced Air Heating System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 151160

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,397

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.19
  • Road Surface Type: Paved
  • Water Body Name: Cape Cod Bay
  • Directions: Bradford Street to Anthony Street to right on Commercial street to #505, between St. Mary's church and the Ice House.
  • Architectural Style: Colonial
  • Garage Yn: No
  • New Construction: No
  • Property Attached Yn: No
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Washer, Refrigerator, Gas Range, Dryer - Electric, Water Heater, Electric Water Heater
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood

Exterior Features

  • Exterior Features: Yard, Garden
  • Fencing: Fenced Yard
  • Pool Private: No
  • Waterfront Features: Bay
  • Waterfront: Yes
  • Home Warranty: No
  • Construction Type: Shingle Siding
  • Foundation Details: Block
  • Patio And Porch Features: Deck
  • Property Condition: Actual
  • Roof: Asphalt, Shingle

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Forced Air
  • Cooling Y N: No
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: R3
  • Land Lease: No
  • Lot Size Sq Ft: 8276
  • Parcel #: 151160
  • ResoLotSizeUnits: Acres

Building Info

  • Year Built: 1962

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 14397
  • Tax Book Number: 31562-273

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2020
Closed on
May 6, 2021
Sold by
Packard Family Lp
Bought by
Offutt Ryan D
Seller's Agent
Shelby Zawaduk
Kinlin Grover Real Estate
Buyer's Agent
Emily Flax
Gibson Sotheby's International Realty
List Price
$3,100,000
Sold Price
$2,700,000
Premium/Discount to List
-$400,000
-12.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.65%
Original Mortgage
$2,160,000
Outstanding Balance
$1,965,801
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,917,873

Purchase Details

Listed on
May 28, 2018
Closed on
Sep 28, 2018
Sold by
Skoyles John and Degroot Patricia R
Bought by
Packard Family Lp
Seller's Agent
David Moulton
William Raveis Real Estate & Home Services
Buyer's Agent
David Moulton
Thom Hochard Real Estate
List Price
$2,095,000
Sold Price
$2,095,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.21%

Purchase Details

Closed on
Oct 4, 1961
Bought by
Degroot Patricia R
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Not Resolvable $2,700,000 None Available
Not Resolvable $2,095,000 --
Deed $6,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,160,000 Purchase Money Mortgage
Closed $2,160,000 Purchase Money Mortgage
Previous Owner $150,000 Unknown
Previous Owner $92,000 No Value Available
Previous Owner $100,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2025 09/05/25 Sold $3,300,000 -9.6% $924 / Sq Ft
08/08/2025 08/08/25 Pending -- -- --
06/27/2025 06/27/25 Price Changed $3,649,000 -6.4% $1,022 / Sq Ft
04/11/2025 04/11/25 For Sale $3,899,000 +44.4% $1,092 / Sq Ft
05/06/2021 05/06/21 Sold $2,700,000 -12.9% $756 / Sq Ft
01/19/2021 01/19/21 Pending -- -- --
09/23/2020 09/23/20 For Sale $3,100,000 +48.0% $868 / Sq Ft
09/28/2018 09/28/18 Sold $2,095,000 0.0% $587 / Sq Ft
06/19/2018 06/19/18 Pending -- -- --
06/01/2018 06/01/18 For Sale $2,095,000 -- $587 / Sq Ft
Source: Cape Cod & Islands Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $18,157 $3,242,400 $2,112,800 $1,129,600
2024 $17,949 $3,216,600 $2,013,400 $1,203,200
2023 $17,381 $2,906,500 $1,751,100 $1,155,400
2022 $17,869 $2,683,100 $1,636,500 $1,046,600
2021 $15,754 $2,225,200 $1,487,800 $737,400
2020 $14,398 $2,174,900 $1,474,400 $700,500
2019 $15,906 $2,253,000 $1,431,500 $821,500
2018 $15,923 $2,137,300 $1,431,500 $705,800
2017 $16,561 $2,148,000 $1,488,400 $659,600
2016 $15,983 $2,049,100 $1,447,300 $601,800
2015 $14,974 $2,029,000 $1,418,800 $610,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape Cod & Islands Association of REALTORS®

MLS Number: 22006398

Cape Cod & Islands Association of REALTORS®

APN: PROV-000015-000001-000016