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!
Active
Price cut: $10K (6/18)
$689,000
640 SE 40th Ter, Gresham, OR 97080
2beds
2,617sqft
Residential, Single Family Residence
Built in 2003
6,969 Square Feet Lot
$-- Zestimate®
$263/sqft
$370/mo HOA
What's special
Modern appliancesWelcoming fireplaceBonus roomAmple storageAdditional bedroomDedicated laundry areaSoaring ceilings
- 98 days |
- 591 |
- 13 |
Zillow last checked:
Listing updated:
Listed by:
Bev Blume 503-482-8005,
Keller Williams Realty Portland Elite
Source: RMLS (OR),MLS#: 272454282
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 2
- Partial bathrooms: 1
- Main level bathrooms: 2
Rooms
- Room types: Bonus Room, Laundry, Storage, Bedroom 2, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Features: Deck, Ensuite, Vaulted Ceiling, Wallto Wall Carpet
- Level: Main
Bedroom 2
- Features: Ceiling Fan, Wallto Wall Carpet
- Level: Lower
Dining room
- Features: Hardwood Floors, Vaulted Ceiling
- Level: Main
Kitchen
- Features: Dishwasher, Gas Appliances, Instant Hot Water, Microwave, Free Standing Range, Free Standing Refrigerator, Granite
- Level: Main
Heating
- Forced Air, Radiant
Cooling
- Central Air
Appliances
- Included: Convection Oven, Dishwasher, Disposal, Instant Hot Water, Microwave, Gas Appliances, Free-Standing Range, Free-Standing Refrigerator, Gas Water Heater
- Laundry: Laundry Room
Features
- Central Vacuum, Granite, High Speed Internet, Ceiling Fan(s), Vaulted Ceiling(s)
- Flooring: Hardwood, Tile, Wall to Wall Carpet
- Windows: Double Pane Windows, Vinyl Frames
- Basement: Daylight
- Number of fireplaces: 1
- Fireplace features: Gas
Interior area
- Total structure area: 2,617
- Total interior livable area: 2,617 sqft
Property
Parking
- Total spaces: 2
- Parking features: Driveway, On Street, Garage Door Opener, Attached, Oversized
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Builtin Lighting, Garage On Main, Main Floor Bedroom Bath, Natural Lighting, Walkin Shower, Accessibility
Features
- Stories: 2
- Patio & porch: Covered Patio, Deck
- Has spa: Yes
- Spa features: Bath
- Has view: Yes
- View description: Golf Course, Mountain(s), Trees/Woods
Lot
- Size: 6,969 Square Feet
- Features: Gentle Sloping, Golf Course, Sprinkler, SqFt 7000 to 9999
Details
- Parcel number: R242797
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Craftsman,Daylight Ranch
- Property subtype: Residential, Single Family Residence
Materials
- Cedar, Shingle Siding
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 2003
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: Yes
- HOA fee: $1,018 annually
- Second HOA fee: $3,418 annually
Location
- Region: Gresham
Financial & listing details
- Price per square foot: $263/sqft
- Tax assessed value: $680,030
- Annual tax amount: $8,663
- Date on market: 3/27/2026
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/18/2026 | Price change | $689,000-1.4%$263/sqft |
Source:  RMLS (OR) #272454282 Report a problem | ||
| 3/27/2026 | Listed for sale | $699,000+82.5%$267/sqft |
Source: RMLS (OR) #272454282 Report a problem | ||
| 7/8/2013 | Sold | $383,000-3%$146/sqft |
Source: RMLS (OR) #13514407 Report a problem | ||
| 6/5/2013 | Pending sale | $395,000$151/sqft |
Source: Coldwell Banker Barbara Sue Seal Properties #13514407 Report a problem | ||
| 3/22/2013 | Listed for sale | $395,000+393.8%$151/sqft |
Source: Coldwell Banker Barbara Sue Seal Properties #13514407 Report a problem | ||
| 3/20/2002 | Sold | $80,000$31/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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 | $65,330 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: Gresham Butte
Nearby schools
GreatSchools rating
- 5/10Hogan Cedars Elementary SchoolGrades: K-5Distance: 1.4 mi
- 3/10Dexter Mccarty Middle SchoolGrades: 6-8Distance: 1.7 mi
- 4/10Gresham High SchoolGrades: 9-12Distance: 2.4 mi
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.
A local agent can set up tours, give advice and negotiate with sellers.
- Oregon
- Multnomah County
- Gresham
- 97080
- Gresham Butte
- 640 SE 40th Ter
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