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Sold
  • $656,400

    640 SE 40th Ter, Gresham, OR 97080

    2beds
    2,617sqft
    Residential, Single Family Residence
    Built in 2003
    6,969 Square Feet Lot
    $655,400 Zestimate®
    $251/sqft
    $3,422 Estimated rent

    Home value

    $655,400

    $623,000 - $688,000

    $3,422/mo

    Zestimate® history
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    What's special

    Experience resort-style living in this gorgeous Villa, which boasts its prime location right on the 1st fairway on the esteemed Persimmon Golf Course. This season offers an ideal opportunity to utilize the updated and expansive rear deck, perfect for enjoying the scenic views of the golf course. The thoughtfully designed, spacious floor plan features a den, soaring ceilings, a gourmet kitchen complete with granite countertops and modern appliances. The greatroom features: hardwood flooring, a welcoming fireplace, a primary suite on the main level, and a dedicated laundry area. The lower level is fully appointed with a generously sized family room, an additional bedroom, a full bathroom featuring a jetted tub, ample storage, and a bonus room. This specific residence is unique as the only villa with an extra-wide garage, providing additional space for convenience or storage. Equipped with Solar panels (that saved just over $1000 annually on electric bills) and a great savings on your electricity bill!! Golf and social memberships are sold separately. Call today for more information or your personal tour!

    Zillow last checked:

    Listing updated:

    Listed by:

    Jack Waddle 971-888-1834,

    Keller Williams Realty Portland Elite

    Bought with:

    Eric Newson, 201261934

    Keller Williams Realty Portland Elite

    Source: RMLS (OR),MLS#: 170706201MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 3
    • Full bathrooms: 2
    • Partial bathrooms: 1
    • Main level bathrooms: 2
    Rooms
    • Room types: Bedroom 2, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
    Primary bedroom
    • Level: Main
    Heating
    • Forced Air, Radiant
    Cooling
    • Central Air
    Appliances
    • Included: Electric Water Heater, Gas Water Heater
    Interior area
    • Total structure area: 2,617
    • Total interior livable area: 2,617 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Garage spaces: 2
    Features
    • Stories: 2
    Lot
    • Size: 6,969 Square Feet
    • Features: SqFt 7000 to 9999
    Details
    • Parcel number: R242797

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Daylight Ranch
    • Property subtype: Residential, Single Family Residence
    Materials
    • Wood Siding
    Condition
    • Resale
    • New construction: No
    • Year built: 2003

    Utilities & green energy

    • Gas: Gas
    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    HOA
    • Has HOA: Yes
    Location
    • Region: Gresham

    Financial & listing details

    • Price per square foot: $251/sqft
    • Tax assessed value: $680,030
    • Annual tax amount: $8,663
    • Date on market: 8/11/2026
    • Cumulative days on market: 130 days
    • Listing terms: Cash,Conventional,FHA,VA Loan

    Price history

    DateEventPrice
    10/15/2026Sold$656,400-0.5%$251/sqft
    Source: RMLS (OR) #170706201 Report a problem
    8/12/2026Pending sale$660,000+72.3%$252/sqft
    Source: RMLS (OR) #170706201 Report a problem
    7/8/2013Sold$383,000-3%$146/sqft
    Source: RMLS (OR) #13514407 Report a problem
    6/5/2013Pending sale$395,000$151/sqft
    Source: Coldwell Banker Barbara Sue Seal Properties #13514407 Report a problem
    3/22/2013Listed for sale$395,000+393.8%$151/sqft
    Source: Coldwell Banker Barbara Sue Seal Properties #13514407 Report a problem
    3/20/2002Sold$80,000$31/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,664 +4.5%$425,750 +3%
    2024$8,293 +9.8%$413,350 +3%
    2023$7,556 +2.9%$401,320 +3%
    2022$7,345 +2.6%$389,640 +3%
    2021$7,160 +6.3%$378,300 +3%
    2020$6,737 +2.7%$367,290 +3%
    2019$6,561 $356,600 +3%
    2018$6,561 +4.9%$346,220 +3%
    2017$6,255 +18.2%$336,140 +3%
    2016$5,291 $326,350 +3%
    2015$5,291 +2.2%$316,850 +3%
    2014$5,177 +15.5%$307,630 +9.8%
    2013$4,484 +2.8%$280,220 +1%
    2012$4,361 -0.9%$277,360 -1%
    2011$4,400 -5.9%$280,050 -3%
    2010$4,678 +2.5%$288,780 +3%
    2009$4,563 +2.6%$280,370 +3%
    2008$4,446 -2.5%$272,210 +3%
    2007$4,557 +2.8%$264,290 +3%
    2006$4,433 +4%$256,600 +3%
    2005$4,262 +1.1%$249,130 +3%
    2004$4,216 +44.5%$241,880 +43.2%
    2003$2,918 +142.1%$168,910 +143.8%
    2002$1,205 +8.6%$69,290 +6.1%
    2000$1,110 $65,330
    Find assessor info on the county website

    Neighborhood: Gresham Butte

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Hogan Cedars
    • Middle: Dexter Mccarty
    • High: Gresham

    Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value

    $655,400

    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value

    $655,400