507 SE 23rd Ter, Gresham, OR 97080
Property image
Property image
OFF MARKET

$633,400

Trulia Estimate
  • Studio
  • 3 Baths
  • 2,621 sqft

507 SE 23rd Ter, Gresham, OR 97080

Gresham Butte
Est. Refi. Payment $4,070/mo*
Refinance Your Home
Currently Off Market - Sold Nov 14, 2014 for $355,000

Home Value

Trulia Estimate
$633K
Since last month
Increased$8K (+1.2%)
Since last year
Increased$22K (+3.5%)
Since last sale
Increased$275K (+77.4%)
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 +47% in the last 10 years
MonthEstimated value
2026
September 2026$630K
August 2026$622K
July 2026$631K
June 2026$632K
May 2026$644K
April 2026$642K
March 2026$627K
February 2026$620K
January 2026$604K
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
0.04
Single-Family Home
$629,900
07/14/26
4
3
2,422
0.08
Single-Family Home
$675,000
09/18/26
4
3
2,798
0.09
Single-Family Home
$720,000
10/07/25
3
2,808
0.09
Single-Family Home
$720,000
10/07/25
5
3
2,998
0.32
Single-Family Home
$544,900
05/29/26
5
3
2,617
0.18
Single-Family Home
$565,000
02/27/26
4
3
2,043
0.35
Single-Family Home
$420,000
10/20/25
3
3
2,118
0.18
Single-Family Home
$650,000
09/22/26
4
3
2,960
0.42
Single-Family Home
$400,000
07/28/26
3
3
2,378
0.21
Single-Family Home
$549,000
08/13/26
4
3
2,032

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
-
-
-
-
Off Market
0.00
-
-
-
-
Off Market
0.00
-
-
-
-
Off Market
0.00
-
-
-
-
Off Market
0.00
-
-
-
-
Off Market
0.01
$607,300
4
3
2,416
Off Market
0.02
$700,400
Studio
3
2,514
Off Market
0.03
Price Unknown
-
-
-
Foreclosure
0.03
-
-
-
-
Off Market
0.03
$653,000
Studio
3
3,118
Off Market
0.03
$440,400
3
3
1,555
Off Market
0.04
$445,600
3
2
1,396
Off Market
0.04
$629,900
4
2
2,422
Recently Sold
0.04
$484,000
3
3
2,055
Off Market
0.04
$817,500
5
5
4,369
Off Market
0.04
$448,900
2
3
2,036
Off Market
0.04
$649,300
3
2.5
2,390
Off Market
0.05
$452,700
3
1
1,654
Off Market
0.05
$485,700
4
3
1,854
Off Market
0.05
-
-
-
-
Off Market

Local Information

  • Map ViewExplore the area around 507 SE 23rd Ter.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 2015
2,621 sqft
$242/sqft
Garage

About this House

Home is 100% complete and move-in ready!!! Gourmet kitchen with island and large pantry. Master has (2) large walk in closets, soak tub, shower & dbl sink vanity. Den/Office on main. Huge bonus room. Private terraced back yard, backing green space, with covered patio. End of cul-de-sac.
507 SE 23rd Ter, Gresham, OR 97080 is a studio, 3 bathroom, 2,621 sqft single-family home in Gresham Butte, built in 2015. It last sold for $355,000 on Nov 14, 2014. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $633,400, with a rent estimate of $3,565/month.

Home Details for 507 SE 23rd Ter

Interior Features

Heating & Cooling
Heating: Forced AirHeating Fuel: Forced Air
Fireplace & Spa
Fireplace

Property Information

Year Built
Year Built: 2015Year Updated: 2015
Property Type / Style
Property Type: Single Family Home

Exterior Features

Exterior Home Features
Deck
Parking & Garage
GarageParking: Garage Attached

Lot Information

Lot Area: 8022 sqft

Price and Tax history

DateEventPrice
Nov 14, 2014
Source: RMLS (OR) #14350612
Sold
$355,000
Jul 25, 2013
Source: N/A
Sold
$68,000

Market trends in Gresham

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$459K
$7.37K
MoM
Sale-to-List Price
100.0%
Price per sq ft
$274
$2
MoM
Available listings
370
4
MoM

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Gresham Butte

At least 23 Trulia users voted on each feature.
  • 93 % Say there are sidewalks

  • 92 % Say parking is easy

  • 90 % Say there's holiday spirit

  • 83 % Say car is needed

  • 83 % Say it's dog friendly

  • 79 % Say yards are well-kept

  • 77 % Say there's wildlife

  • 71 % Say it's quiet

  • 69 % Say streets are well-lit

  • 65 % Say neighbors are friendly

  • 63 % Say kids play outside

  • 61 % Say people would walk alone at night

  • 61 % Say they plan to stay for at least 5 years

  • 54 % Say it's walkable to restaurants

  • 35 % Say there are community events

  • 16 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • Jbando29
    "The Springwater Trail is nearby. It is a great place to walk with the dogs and the dog park is close by."
  • Robyn C
    "There is easy access to park and ride to downtown Portland. This takes over an hour to get to Portland and back. It takes 30 min to drive early in the morning and an hour and 15 minutes to get home in the evening "
  • Fessler5066
    "Incredible family neighborhood! Safe and with a cul de sac. School bus picks up at Main Street just around the corner. "
  • Chad R.
    "Great families and great neighbors. Great trails through the Butte. Just wish crime didn't seem to be an issue, but it does."
  • S D.
    "Fairly close to Powell, Division, & Burnside. These lead to most places in the area. 5 minutes to Downtown Gresham."
  • Trulia User
    "I know that our HOA has a community yard sale each year. They also have a yearly barbecue for members in the HOA."
  • Lorri W. M.
    "The commute from anywhere is getting longer and more frustrating. Portland has not updated the infrastructure to accommodate the population growth. "
  • Lorri W. M.
    "Depending on time of day commute to downtown can take 20-45 min both ways. Itโ€™s recommended to avoid the freeways and take side streets. "
  • dani_e s.
    "I move in last August and have never been more pleased with an area to live in. The neighbors are fantastic. The streets are peaceful and the trees/hilltop are stunning to look at. I am super close to Sprinwater Trail which leads to a park and eventually downtown Gresham. I hope to remain here for a VERY long time!"
  • Mary M.
    "Quiet cul-de-sac, friendly neighbors, flat for scenic walking, close in to town and shopping."

LGBTQ Local Legal Protections

Frequently asked questions about 507 SE 23rd Ter

  • What is 507 SE 23rd Ter estimated to be worth?
    Trulia's estimated value for 507 SE 23rd Ter in Gresham, OR is $633,400.
  • What is the price history for 507 SE 23rd Ter?
    507 SE 23rd Ter in Gresham, OR last sold for $355,000 in November 2014.
  • 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 $459K. That is down $7.37K from the prior month.
  • How big is the lot at 507 SE 23rd Ter?
    The lot at 507 SE 23rd Ter in Gresham, OR is about 0.18 acres (7,841 sq ft).
  • Does 507 SE 23rd Ter have a garage?
    Yes, 507 SE 23rd Ter in Gresham, OR has a garage.

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