$515,500
- 3 Beds
- 2 Baths
- 1,574 sqft
3207 SW 40th St, Gresham, OR 97080
Est. Refi. Payment $3,314/mo*
Refinance Your HomeCurrently Off Market - Sold Jan 20, 2022 for $521,900
Home Value
Trulia Estimate
$516KSince last month
Decreased$13K (-2.5%)Since last year
Decreased$16K (-3%)Since last sale
Decreased$9K (-1.7%)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 0% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| October 2026 | $513K |
| September 2026 | $523K |
| August 2026 | $526K |
| July 2026 | $527K |
| June 2026 | $530K |
| May 2026 | $534K |
| April 2026 | $530K |
| March 2026 | $535K |
| February 2026 | $533K |
| January 2026 | $520K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
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 |
|---|---|---|---|---|---|---|---|
0.08 | Single-Family Home | $575,000 | 04/28/26 | 3 | 2 | 1,768 | |
0.14 | Single-Family Home | $629,700 | 04/16/26 | 3 | 3 | 2,061 | |
0.25 | Single-Family Home | $575,000 | 01/22/26 | 4 | 2 | 1,946 | |
0.22 | Single-Family Home | $495,000 | 05/15/26 | 3 | 3 | 1,681 | |
0.13 | Single-Family Home | $529,995 | 07/30/26 | 4 | 3 | 1,903 | |
0.37 | Single-Family Home | $518,000 | 07/06/26 | 3 | 2 | 1,750 | |
0.14 | Single-Family Home | $604,000 | 06/30/26 | 4 | 3 | 2,496 | |
0.37 | Single-Family Home | $485,000 | 08/10/26 | 3 | 2 | 1,450 | |
0.36 | Single-Family Home | $489,900 | 01/15/26 | 3 | 2 | 1,881 | |
0.33 | Single-Family Home | $466,000 | 09/04/26 | 3 | 3 | 1,441 |
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 |
|---|---|---|---|---|---|---|
0.00 | $617,300 | Studio | 3 | 2,846 | Off Market | |
0.01 | $554,300 | Studio | 2 | 2,072 | Off Market | |
0.02 | $588,700 | Studio | 3 | 2,594 | Off Market | |
0.02 | $553,900 | 3 | 2 | 1,652 | Off Market | |
0.02 | $689,999 | 4 | 2 | 2,537 | Recently Sold | |
0.02 | $607,600 | 4 | 3 | 2,500 | Off Market | |
0.03 | $648,300 | Studio | 3 | 3,440 | Off Market | |
0.03 | $511,700 | 4 | 3 | 2,116 | Off Market | |
0.03 | $509,000 | 4 | 3 | 2,053 | Off Market | |
0.03 | $678,600 | 6 | 3 | 2,949 | Off Market | |
0.03 | $650,600 | Studio | 3 | 3,413 | Off Market | |
0.03 | $498,000 | Studio | 3 | 2,072 | Off Market | |
0.03 | - | - | - | - | Off Market | |
0.03 | - | - | - | - | Off Market | |
0.03 | $501,300 | 4 | 2 | 2,054 | Off Market | |
0.03 | - | - | - | - | Off Market | |
0.03 | - | - | - | - | Off Market | |
0.04 | $620,400 | Studio | 3 | 2,974 | Off Market | |
0.04 | $615,600 | Studio | 3 | 2,781 | Off Market | |
0.04 | $485,600 | 4 | 3 | 2,072 | Off Market |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 2022
1,574 sqft
$328/sqft
Garage
About this House
What's unique:New construction homeNew construction areaHappy valleySpacious landscaped backyardSmart doorbell landscaped backyardNew one level house
New construction home. No one lived in it before.
1 level house, 2 car garage, 3 bedrooms Smart doorbell Landscaped backyard. Great neighbor hood at the edge between Gresham & Happy Valley area
New one level house inside all new construction area. At the edge of Happy Valley. Great schools. Small pets allowed. Spacious landscaped backyard
1 level house, 2 car garage, 3 bedrooms Smart doorbell Landscaped backyard. Great neighbor hood at the edge between Gresham & Happy Valley area
New one level house inside all new construction area. At the edge of Happy Valley. Great schools. Small pets allowed. Spacious landscaped backyard
3207 SW 40th St, Gresham, OR 97080 is a 3 bedroom, 2 bathroom, 1,574 sqft single-family home in Southwest, built in 2022. It last sold for $521,900 on Jan 20, 2022. More recently, it was listed as a rental in March 2022 with an asking price of $3,000 per month. That rental listing was removed on April 12, 2022. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $515,500, with a rent estimate of $2,822/month.
Home Details for 3207 SW 40th St
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Heating & Cooling Heating: Forced AirHeating Fuel: Forced Air |
Levels, Entrance, & Accessibility Stories: 1 |
Appliances & Utilities DryerRefrigeratorWasher |
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Year Built Year Built: 2022Year Updated: 2022 |
Property Type / Style Property Type: Single Family Home |
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Parking & Garage GarageParking Spaces: 2Parking: Garage Detached |
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Lot Area: 5016 sqft |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Apr 12, 2022 Source: Zillow Rental Manager | ListingRemoved | |
Mar 30, 2022 Source: Zillow Rental Manager | Listed For Rent | $3,000 |
Jan 20, 2022 Source: RMLS (OR) #21118077 | Sold | $521,900 |
Sep 30, 2021 Source: RMLS (OR) #21118077 | Pending | $521,900 |
Sep 13, 2021 Source: RMLS (OR) #21118077 | PriceChange | $521,900 Price increased by 2% |
Sep 9, 2021 Source: Lennar Homes | Listed For Sale | $511,900 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $5,336 | $511,660 |
Home facts updated by county records
Market trends in Gresham
Last updated September 2026
Avg. sale price
$476K
$18.17KMoM
Sale-to-List Price
100.0%
Price per sq ft
$267
$7MoM
Available listings
364
6MoM
Sourced by Trulia Market Trends
Around this home
What Locals Say about Southwest
This October
Trick-or-Treat Score
Built from what locals say about Southwest.- 84% say there are sidewalks
- 71% say there's holiday spirit
- 61% say neighbors are friendly
Trulia Trick or TreatStart Ghost Hunt
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 3207 SW 40th St
- What is 3207 SW 40th St estimated to be worth?Trulia's estimated value for 3207 SW 40th St in Gresham, OR is $515,500.
- What is the price history for 3207 SW 40th St?3207 SW 40th St in Gresham, OR last sold for $521,900 in January 2022.
- Is Gresham a buyer's or seller's market?Gresham is currently a buyer's market, based on recent for-sale activity.
- What's the median sale price in Gresham?The median sale price in Gresham is $476K. That is up $18.17K from the prior month.
- Does 3207 SW 40th St have laundry facilities?Yes, 3207 SW 40th St in Gresham, OR has in-unit laundry.
- How big is the lot at 3207 SW 40th St?The lot at 3207 SW 40th St in Gresham, OR is about 0.12 acres (5,016 sq ft).

