$484,900
- 3 Beds
- 2 Baths
- 1,746 sqft
1987 SW Lake Pl, Gresham, OR 97080
Est. Refi. Payment $2,900/mo*
Refinance Your HomeCurrently Off Market - Sold Jul 15, 2022 for $460,000
Home Value
Trulia Estimate
$485KSince last month
Decreased$2K (-0.5%)Since last year
Increased$5K (+1.1%)Since last sale
Increased$25K (+5.3%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +57% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $485K |
| July 2026 | $487K |
| June 2026 | $494K |
| May 2026 | $496K |
| April 2026 | $492K |
| March 2026 | $489K |
| February 2026 | $481K |
| January 2026 | $469K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.19 | Single-Family Home | $539,900 | 06/05/26 | 3 | 2 | 1,601 | |
0.35 | Single-Family Home | $475,000 | 11/14/25 | 3 | 2 | 1,607 | |
0.22 | Single-Family Home | $575,000 | 03/13/26 | 3 | 2 | 2,241 | |
0.35 | Single-Family Home | $505,000 | 06/23/26 | 3 | 2 | 1,606 | |
0.31 | Single-Family Home | $470,000 | 11/21/25 | 3 | 2 | 1,544 | |
0.34 | Single-Family Home | $476,000 | 09/08/25 | 3 | 2 | 1,572 | |
0.25 | Single-Family Home | $530,000 | 10/17/25 | 3 | 3 | 1,865 | |
0.23 | Single-Family Home | $380,000 | 04/10/26 | 3 | 2 | 1,302 | |
0.28 | Single-Family Home | $435,000 | 07/24/26 | 3 | 2 | 1,302 | |
0.36 | Single-Family Home | $459,000 | 09/12/25 | 3 | 2 | 1,272 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.03 | $551,600 | 3 | 2 | 1,423 | Off Market | |
0.06 | $482,200 | 3 | 2 | 1,380 | Off Market | |
0.10 | $445,000 | 3 | 2 | 1,626 | For Sale | |
0.09 | $440,800 | 3 | 1 | 1,349 | Off Market | |
0.11 | $525,900 | 3 | 3 | 1,832 | Off Market | |
0.11 | $528,100 | 4 | 3 | 1,714 | Off Market | |
0.12 | $590,000 | 4 | 3 | 2,334 | Recently Sold | |
0.12 | $528,300 | 3 | 2 | 1,977 | Off Market | |
0.08 | $650,000 | 4 | 3 | 3,056 | For Sale | |
0.08 | $505,000 | 3 | 2 | 1,775 | Off Market | |
0.13 | $533,900 | 3 | 3 | 1,880 | Off Market | |
0.14 | $502,500 | 3 | 2 | 1,611 | Off Market |
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1989
Living Area
1,746 sqft
Price/Sqft
$278
Parking
Garage
About this House
This single-family home is located at 1987 SW Lake Pl, Gresham, OR. 1987 SW Lake Pl is in the Southwest neighborhood in Gresham, OR and in ZIP code 97080. This property has 3 bedrooms, 2 bathrooms and approximately 1,746 sqft of floor space. This property has a lot size of 9148 sqft and was built in 1989.
1987 SW Lake Pl, Gresham, OR 97080 is a 3 bedroom, 2 bathroom, 1,746 sqft single-family home in Southwest, built in 1989. It last sold for $460,000 on Jul 15, 2022. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $484,900, with a rent estimate of $2,745/month.
Home Details for 1987 SW Lake Pl
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Heating & Cooling Heating: Forced AirHeating Fuel: Forced Air |
Levels, Entrance, & Accessibility Stories: 2 |
Fireplace & Spa Fireplace |
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Exterior Home Features Roof: CompositionExterior: Wood |
Parking & Garage GarageParking Spaces: 2Parking: Garage Attached |
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Year Built Year Built: 1989Year Updated: 1989 |
Property Type / Style Property Type: Single Family Home |
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Units in Building: 1 |
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Lot Area: 8947 sqft |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jul 15, 2022 Source: RMLS (OR) #22172389 | Sold | $460,000 |
Jun 15, 2022 Source: RMLS (OR) #22172389 | Pending | $399,000 |
Jun 10, 2022 Source: RMLS (OR) #22172389 | Listed For Sale | $399,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $5,043 | $460,040 |
Home facts updated by county records
Market trends in Gresham
Last updated July 2026
Avg. sale price
$466K
$234MoM
Sale-to-List Price
100.0%
Price per sq ft
$275
$1MoM
Available listings
365
38MoM
Around this home
What Locals Say about Southwest
At least 30 Trulia users voted on each feature.
100 % Say it's dog friendly
89 % Say car is needed
89 % Say yards are well-kept
87 % Say streets are well-lit
84 % Say there are sidewalks
79 % Say parking is easy
73 % Say it's quiet
71 % Say there's holiday spirit
66 % Say people would walk alone at night
64 % Say there's wildlife
61 % Say neighbors are friendly
56 % Say they plan to stay for at least 5 years
51 % Say kids play outside
37 % Say it's walkable to restaurants
34 % Say it's walkable to grocery stores
31 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 1987 SW Lake Pl
- What is 1987 SW Lake Pl estimated to be worth?Trulia's estimated value for 1987 SW Lake Pl in Gresham, OR is $484,900.
- What is the price history for 1987 SW Lake Pl?1987 SW Lake Pl in Gresham, OR last sold for $460,000 in July 2022.
- Is Gresham a buyer's or seller's market?Gresham is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Gresham?The median sale price in Gresham is $466K. That is down $234 from the prior month.
- How big is the lot at 1987 SW Lake Pl?The lot at 1987 SW Lake Pl in Gresham, OR is about 0.21 acres (9,148 sq ft).
- Does 1987 SW Lake Pl have a garage?Yes, 1987 SW Lake Pl in Gresham, OR has a garage.

