2722 SE Paloma Ter, Gresham, OR 97080
Property image
Property image
OFF MARKET

$639,600

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 2,232 sqft (on 0.33 acres)

2722 SE Paloma Ter, Gresham, OR 97080

Kelly Creek
Est. Refi. Payment $3,899/mo*
Refinance Your Home
Currently Off Market - Sold Jul 31, 2020 for $535,000

Home Value

Trulia Estimate
$640K
Since last month
Increased$800 (+0.1%)
Since last year
Increased$9K (+1.5%)
Since last sale
Increased$105K (+19.6%)
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 +67% in the last 10 years
MonthEstimated value
2026
August 2026$640K
August 2026$639K
July 2026$639K
June 2026$647K
May 2026$644K
April 2026$638K
March 2026$639K
February 2026$629K
January 2026$621K
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
3788 SE 25th St, Gresham, OR
0.16
Single-Family Home
$504,900
06/08/26
3
2
1,726
2644 SE Paloma Ter, Gresham, OR
0.05
Single-Family Home
$555,000
06/30/26
3
3
1,911
3956 SE 30th St, Gresham, OR
0.16
Single-Family Home
$570,000
12/30/25
3
2
2,018
2245 SE Wendy Dr, Gresham, OR
0.21
Single-Family Home
$492,500
05/14/26
3
2
1,624
2433 SE Barnes Rd, Gresham, OR
0.17
Single-Family Home
$381,000
12/04/25
3
2
1,421
4520 SE Chase Rd, Gresham, OR
0.26
Single-Family Home
$470,000
01/07/26
3
2
1,391
4052 SE 17th St, Gresham, OR
0.44
Single-Family Home
$475,000
01/28/26
3
2
2,082
3994 SE 24th Ter, Gresham, OR
0.16
Single-Family Home
$441,000
06/23/26
3
2.5
1,462
4489 SE Hillyard Ct, Gresham, OR
0.23
Single-Family Home
$474,900
03/17/26
3
2
1,410
3780 SE 21st Dr, Gresham, OR
0.32
Single-Family Home
$489,900
09/04/26
4
3
2,409

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
2900 SE Paloma Ave, Gresham, OR 97080
0.06
-
5
3
2,516
Off Market
4129 SE 29th St, Gresham, OR 97080
0.09
$530,000
3
2
1,688
Off Market
2655 SE Paloma Ter, Gresham, OR 97080
0.05
$524,400
3
2
1,656
Off Market
2644 SE Paloma Ter, Gresham, OR 97080
0.05
$555,000
3
2
1,911
Recently Sold
4114 SE 29th St, Gresham, OR 97080
0.11
$532,100
3
2
1,758
Off Market
3950 SE 26th Pl, Gresham, OR 97080
0.07
$570,900
4
2
2,124
Off Market
3983 SE 30th St, Gresham, OR 97080
0.12
$513,800
3
2
1,765
Off Market
3953 SE 30th St, Gresham, OR 97080
0.13
$594,900
4
2
2,532
Off Market
4083 SE 30th St, Gresham, OR 97080
0.13
$511,800
3
2
1,678
Off Market
4103 SE 30th St, Gresham, OR 97080
0.13
$541,700
3
2
1,688
Off Market
4154 SE 29th St, Gresham, OR 97080
0.13
$554,500
4
2
2,160
Off Market
3956 SE 30th St, Gresham, OR 97080
0.16
$570,000
3
2
2,018
Recently Sold

Local Information

  • Map ViewExplore the area around 2722 SE Paloma Ter.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1989
0.33 acre lot
2,232 sqft
$287/sqft
Garage

About this House

Beautifully updated and well-maintained modern retreat in Gresham. Highly desired home layout that lives large with a spacious living room and dining room, covered by cathedral ceilings. French doors from the living room lead to a patio with retractable screen and large bay windows fill the room with natural light. Private backyard with new fencing, and newly painted covered patio. Dusk to dawn outdoor lighting means all-day fun surrounded by many mature trees and garden spaces.
2722 SE Paloma Ter, Gresham, OR 97080 is a 3 bedroom, 2 bathroom, 2,232 sqft single-family home in Kelly Creek, built in 1989. It last sold for $535,000 on Jul 31, 2020. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $639,600, with a rent estimate of $3,179/month.

Home Details for 2722 SE Paloma Ter

Interior Features

Heating & Cooling
Heating: Forced Air, Heat Pump, GasCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 2Floors: Carpet, Laminate, Linoleum Vinyl
Interior Details
Types of Rooms: Dining RoomCeiling Fan
Appliances & Utilities
Cable ReadyDryerMicrowaveRefrigeratorWasher
Fireplace & Spa
Fireplace
Windows, Doors, Floors & Walls
Double Paned Windows
Security
Security System

Exterior Features

Exterior Home Features
Roof: TileDeckExterior: Brick, Cement ConcreteGardenPatioPorch
Parking & Garage
GarageParking Spaces: 2Parking: Garage Attached

Property Information

Year Built
Year Built: 1989Year Updated: 1989
Property Type / Style
Property Type: Single Family Home

Building

Levels, Entrance, & Accessibility
Disabled Access

Community

Units in Building: 1

Lot Information

Lot Area: 0.33 acres

Price and Tax history

DateEventPrice
Jul 31, 2020
Source: RMLS (OR) #20064583
Sold
$535,000
Jun 24, 2020
Source: Agent Provided
Pending
$525,000
Jun 18, 2020
Source: Agent Provided
Listed For Sale
$525,000
Feb 28, 2006
Source: N/A
Sold
$342,900
Nov 24, 2004
Source: N/A
Sold
$272,965

Market trends in Gresham

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$466K
$234MoM
Sale-to-List Price
100.0%
Price per sq ft
$275
$1MoM
Available listings
365
38MoM

Around this home

Neighborhood Overview

Kelly Creek
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Kelly Creek

At least 54 Trulia users voted on each feature.

  • 90 % Say car is needed

  • 89 % Say it's dog friendly

  • 84 % Say there are sidewalks

  • 81 % Say parking is easy

  • 80 % Say yards are well-kept

  • 80 % Say kids play outside

  • 77 % Say there's holiday spirit

  • 67 % Say streets are well-lit

  • 63 % Say people would walk alone at night

  • 61 % Say neighbors are friendly

  • 60 % Say they plan to stay for at least 5 years

  • 57 % Say there's wildlife

  • 54 % Say it's walkable to grocery stores

  • 43 % Say it's quiet

  • 26 % Say it's walkable to restaurants

  • 21 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Michelle M. L.
    "we don't have any neighborhood events. everyone in our neighborhood decorates for Halloween and Christmas. "
    0
    Flag
  • Michelle M. L.
    "there are 2 farmers market we enjoy going too and I love our little downtown. our neighborhood is so quiet and has no street people use as a cross thru"
    0
    Flag
  • Dailyman2472016
    "This is a great quite neighborhood, close to schools, shopping and access to the Mt Hood Highway 26. It’s a safe neighborhood where your neighbors are friendly."
    0
    Flag
  • Georgelynnie2
    "Lots of dogs in neighborhood most owners are responsible but it’s those few that give dogs a bad name "
    0
    Flag
  • gurutogod
    "well since i work close the commute is about 15min. but you only get bus service twice a day I'd say this wouldn't be your best option."
    0
    Flag
  • Sstahl5
    "great area, schools, i loved raising my family here. it could use a better park development. there it is in a nut shell."
    1
    Flag
  • Estrom1950
    "This is a very nice and quiet neighborhood. Grocery stores are close, but you must have a car. Kelly Creek Elementary is a nice school."
    0
    Flag
  • Edith.strom
    "We have lived in Gresham for 40 years. Kelly Creek is very pretty and safe. The schools are not the best in Oregon but they are good. The air is fresh and freeways are easy to access."
    0
    Flag
  • Kitacream
    "Lots of people walk their dogs. Kelley Creek is nearby with a trail the dog walkers love. I don’t think there is anything a dog owner would’t like about this area. "
    0
    Flag
  • Rachel W.
    "My commute is less than 5 minutes by car and I have a beautiful view of Mt. Hood traveling to and from work."
    0
    Flag
  • Dailyman2472016
    "This is a nice friendly neighborhood. Neighbors walk their dogs, kids play basketball in the streets. It’s very close to Kelly Creek Elementary school as well."
    0
    Flag
  • Vanerigaud
    "Families are really involved in school activities. The neighborhood is a quiet place. Has somewhat of a small town feel. "
    3
    Flag
  • Robert G.
    "I have lived and worked in Gresham for 25 years and I think this is one of the best areas to live in, you are close to everything shopping,Resturants,Rivers,Mt hood,Airport,public transpotation, Great schools, "
    4
    Flag
  • Griz
    "Very nice cul-de-sac residential neighborhood with underground utilities for a clear sky providing quiet starry nights and unique family safety. Perfect for up-and-coming workers and retirees with desire for a large number of nice affordable restaurants theaters parks and shopping nearby. Homes come to market on occasion in this 'must see' neighborhood, with two expected to come onto the market by summer. "
    1
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 2722 SE Paloma Ter

  • What is 2722 SE Paloma Ter estimated to be worth?
    Trulia's estimated value for 2722 SE Paloma Ter in Gresham, OR is $639,600.
  • What is the price history for 2722 SE Paloma Ter?
    2722 SE Paloma Ter in Gresham, OR last sold for $535,000 in July 2020.
  • 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.
  • Does 2722 SE Paloma Ter have air conditioning?
    Yes, 2722 SE Paloma Ter in Gresham, OR has air conditioning.
  • Does 2722 SE Paloma Ter have laundry facilities?
    Yes, 2722 SE Paloma Ter in Gresham, OR has in-unit laundry.

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