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!
Pending
$660,000
640 SE 40th Ter, Gresham, OR 97080
2beds
2,617sqft
Residential, Single Family Residence
Built in 2003
6,969 Square Feet Lot
$-- Zestimate®
$252/sqft
$-- HOA
What's special
- 27 days
- 181
- 1
Zillow last checked:
Listing updated:
Listed by:
Jack Waddle 971-888-1834,
Keller Williams Realty Portland Elite
Source: RMLS (OR),MLS#: 170706201
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: $252/sqft
- Tax assessed value: $680,030
- Annual tax amount: $8,663
- Date on market: 8/11/2026
- Cumulative days on market: 157 days
- Listing terms: Cash,Conventional,FHA,VA Loan
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/12/2026 | Pending sale | $660,000+72.3%$252/sqft |
Source:  RMLS (OR) #170706201 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
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Gresham Butte
Nearby schools
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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