640 SE 40th Ter
Gresham, OR 97080
Gresham Butte
2 Beds
3 Baths
2,617 sqft
2 Beds
3 Baths
2,617 sqft
Local Information
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Description
Experience resort-style living in this gorgeous Villa, which boasts its prime location backing onto 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 and a great savings on your electricity bill!! Golf and social memberships are sold separately. Call today for more information or your personal tour!
Home Highlights
Parking
2 Car Garage
Outdoor
Patio, Deck
A/C
Heating & Cooling
HOA
$85/Monthly
Price/Sqft
$267
Listed
48 days ago
Last check for updates: about 3 hours ago
Listing courtesy of Bev Blume, (503) 482-8005
Keller Williams Realty Portland Elite
Source: RMLS (OR), MLS#272454282
Home Details for 640 SE 40th Ter
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MLS Status: Active |
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Interior Details Basement: DaylightNumber of Rooms: 4Types of Rooms: Master Bedroom, Bedroom 2, Dining Room, Kitchen |
Beds & Baths Number of Bedrooms: 2Number of Bathrooms: 3Number of Bathrooms (full): 2Number of Bathrooms (partial): 1Number of Bathrooms (main level): 2 |
Dimensions and Layout Living Area: 2617 Square Feet |
Appliances & Utilities Appliances: Convection Oven, Dishwasher, Disposal, Instant Hot Water, Microwave, Gas Appliances, Free-Standing Range, Free-Standing Refrigerator, Gas Water HeaterDishwasherDisposalLaundry: Laundry RoomMicrowave |
Heating & Cooling Heating: Forced Air,RadiantHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air |
Fireplace & Spa Number of Fireplaces: 1Fireplace: GasSpa: BathHas a FireplaceHas a Spa |
Gas & Electric Gas: Gas |
Windows, Doors, Floors & Walls Window: Double Pane Windows, Vinyl FramesFlooring: Hardwood, Tile, Wall to Wall Carpet |
Levels, Entrance, & Accessibility Stories: 2Accessibility: Builtin Lighting, Garage On Main, Main Floor Bedroom Bath, Natural Lighting, Walkin Shower, AccessibilityFloors: Hardwood, Tile, Wall To Wall Carpet |
View Has a ViewView: Golf Course, Mountain(s), Trees/Woods |
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Exterior Home Features Roof: CompositionPatio / Porch: Covered Patio, DeckFoundation: Concrete Perimeter |
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageHas an Attached GarageHas Open ParkingParking Spaces: 2Parking: Driveway,On Street,Garage Door Opener,Attached,Oversized |
Frontage Road Surface Type: Paved |
Water & Sewer Sewer: Public Sewer |
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Days on Market: 48 |
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Year Built Year Built: 2003 |
Property Type / Style Property Type: ResidentialProperty Subtype: Residential, Single Family ResidenceArchitecture: Craftsman,Daylight Ranch |
Building Construction Materials: Cedar, Shingle SidingNot a New ConstructionNot Attached Property |
Property Information Condition: ResaleParcel Number: R242797 |
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Price List Price: $699,000Price Per Sqft: $267 |
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Direction & Address City: Gresham |
School Information Elementary School: Hogan CedarsJr High / Middle School: Dexter MccartyHigh School: Gresham |
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Listing Agent Listing ID: 272454282 |
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Building Area Building Area: 2617 Square Feet |
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Not Senior Community |
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HOA Fee (second): 3418HOA Fee Frequency (second): AnnuallyHas an HOAHOA Fee: $1,018/Annually |
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Lot Area: 6969.6 sqft |
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Listing Terms: Cash, Conventional, FHA, VA Loan |
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BasementMls Number: 272454282Attribution Contact: 503-482-8005 |
Price History for 640 SE 40th Ter
| Date | Price | Event | Source |
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| 03/27/2026 | $699,000 | Listed For Sale | RMLS (OR) #272454282 |
| 07/08/2013 | $383,000 | Sold | RMLS (OR) #13514407 |
| 06/05/2013 | $395,000 | Pending | Agent Provided |
| 03/22/2013 | $395,000 | Listed For Sale | Agent Provided |
| 03/20/2002 | $80,000 | Sold | N/A |
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Property Tax and Assessment
| Year | 2025 |
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| Tax | $8,664 |
| Assessment | $680,030 |
Home facts updated by county records
Comparable Sales for 640 SE 40th Ter
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.03 | Single-Family Home | $660,000 | 01/28/26 | 2 | 3 | 2,577 | |
0.09 | Single-Family Home | $535,100 | 10/22/25 | 2 | 3 | 2,358 | |
0.04 | Single-Family Home | $675,000 | 08/29/25 | 2 | 3 | 2,805 | |
0.37 | Single-Family Home | $558,545 | 10/31/25 | 4 | 3 | 2,543 | |
0.14 | Single-Family Home | $715,000 | 10/15/25 | 4 | 3 | 2,755 | |
0.42 | Single-Family Home | $655,000 | 04/22/26 | 3 | 3 | 2,497 | |
0.24 | Single-Family Home | $875,000 | 12/30/25 | 3 | 3 | 3,280 | |
0.51 | Single-Family Home | $690,000 | 08/22/25 | 3 | 3 | 2,842 | |
0.50 | Single-Family Home | $609,000 | 08/06/25 | 3 | 3 | 2,048 | |
0.49 | Single-Family Home | $699,999 | 01/16/26 | 4 | 3 | 2,759 |
Assigned Schools
These are the assigned schools for 640 SE 40th Ter.
- Dexter Mccarty Middle School
- 6-8
- Public
- 559 Students
2/10GreatSchools RatingParent Rating AverageThis is coming from the perspective of a parent of a student at this school, as well as a teacher in a different school.School leadership and staff are struggling to keep control of student behavior this year (1st year back from distance learning). We all know that students' behaviors this year are challenging across the board - at all age levels - but McCarty does not seem to be managing well. There are frequent physical violence encounters, frequent theft among students, frequent vandalism of school and student property, and frequent classroom disruptions. Students of color are often subjected to racial harassment (from other students, not from staff). Teacher morale seems to be very low. Simple standards for behavior that could curb a lot of misbehaviors are not being enforced.On the positive side, it seems that teachers are attempting to keep up academic rigor. Relationships between teachers and students seem to be positive overall.Parent Review4y ago - Gresham High School
- 9-12
- Public
- 1666 Students
4/10GreatSchools RatingParent Rating AverageThis school has some good teachers, but what they have in kind teachers, they lack in safety and communication. There have been several threats in just a few weeks of school. The school has gone into “secure” twice in the last two weeks. There has been little to no contact with family. There has been many instances where the view of the school has come before the safety of the students and others in the building. There is also a preschool in the school, where there was still little to no contact with parents. There has also been a shortage of lunches. This school has run out of food on more than one occasion. The vending machines are also commonly found in extremely low stock, and also have poor options. In general this school lacks many things, but if you look close enough, you’ll find some pretty amazing teachers.Student Review1y ago - Hogan Cedars Elementary School
- K-5
- Public
- 467 Students
5/10GreatSchools RatingParent Rating AverageThey allow bulling and false accusations and the principal is horribleOther Review11mo ago 
Check out schools near 640 SE 40th Ter.
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
Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Bev Blume, Keller Williams Realty Portland Elite
Agent Phone: (503) 482-8005
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS™, Portland, Oregon.
This content last updated on 2026-05-13 20:49:06 PDT. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
640 SE 40th Ter, Gresham, OR 97080 is a 2 bedroom, 3 bathroom, 2,617 sqft single-family home built in 2003. 640 SE 40th Ter is located in Gresham Butte, Gresham. This property is currently available for sale and was listed by RMLS (OR) on Mar 27, 2026. The MLS # for this home is MLS# 272454282.