650 SE 40th Ter, Gresham, OR 97080
Property image
Property image
OFF MARKET

$588,500

Trulia Estimate
  • 2 Beds
  • 2 Baths
  • 2,306 sqft

650 SE 40th Ter, Gresham, OR 97080

Gresham Butte
Est. Refi. Payment $3,748/mo*
Refinance Your Home
Currently Off Market - Sold Jul 27, 2020 for $540,000

Home Value

Trulia Estimate
$589K
Since last month
Decreased$4K (-0.7%)
Since last year
Decreased$4K (-0.6%)
Since last sale
Increased$50K (+9.2%)
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 +39% in the last 10 years
MonthEstimated value
2026
September 2026$590K
August 2026$594K
July 2026$593K
June 2026$597K
May 2026$599K
April 2026$600K
March 2026$596K
February 2026$595K
January 2026$586K
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
692 SE 38th Dr, Gresham, OR
0.08
Single-Family Home
$535,100
10/22/25
2
3
2,358
632 SE 38th Dr, Gresham, OR
0.04
Single-Family Home
$660,000
01/28/26
2
3
2,577
642 SE 38th Dr, Gresham, OR
0.04
Single-Family Home
$775,000
07/30/26
3
3
3,112
308 SW 38th Loop, Gresham, OR
0.38
Single-Family Home
$558,545
10/31/25
4
3
2,543
350 SW 37th Ter, Gresham, OR
0.43
Single-Family Home
$655,000
04/22/26
3
3
2,497
3869 SE Deer Creek Way, Gresham, OR
0.15
Single-Family Home
$715,000
10/15/25
4
3
2,755
285 SE Avondale Way, Gresham, OR
0.24
Single-Family Home
$725,000
07/29/26
3
3
2,429
43 SE 46th Dr, Gresham, OR
0.51
Single-Family Home
$639,000
06/12/26
4
3
2,150
122 SW Gabbert Rd, Gresham, OR
0.37
Single-Family Home
$594,500
10/09/25
4
3
2,165
3849 SE Saint Andrews Pl, Gresham, OR
0.25
Single-Family Home
$875,000
12/30/25
3
3
3,280

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
626 SE 38th Dr, Gresham, OR 97080
0.05
$671,800
2
2
2,805
Off Market
632 SE 38th Dr, Gresham, OR 97080
0.04
$660,000
2
2
2,577
Recently Sold
642 SE 38th Dr, Gresham, OR 97080
0.04
$775,000
3
2
3,112
Recently Sold
690 SE 40th Ter, Gresham, OR 97080
0.04
$620,500
2
2
2,268
Off Market
692 SE 38th Dr, Gresham, OR 97080
0.08
$534,000
2
2
2,358
Off Market
3841 SE Deer Creek Way, Gresham, OR 97080
0.15
$1,350,000
4
3
5,716
Recently Sold
3869 SE Deer Creek Way, Gresham, OR 97080
0.15
$713,400
4
2
2,755
Off Market
3642 SE Durango Pl, Gresham, OR 97080
0.17
$939,000
4
3
3,887
Recently Sold
3895 SE Augusta Pl, Gresham, OR 97080
0.18
$749,600
3
2
3,106
Off Market
4083 SE Augusta Loop, Gresham, OR 97080
0.18
$788,700
4
2
3,293
Off Market
4160 SE Augusta Loop, Gresham, OR 97080
0.19
$1,125,000
4
4
4,238
Recently Sold
3544 SE Deer Creek Way, Gresham, OR 97080
0.23
$875,000
4
3
4,210
For Sale

Local Information

  • Map ViewExplore the area around 650 SE 40th Ter.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1998
2,306 sqft
$255/sqft
Garage

About this House

Rare opportunity to live on the 1st fairway of Persimmon Golf Course. Enjoy luxury living in this Golf Villa perfectly situated on the course. Fresh exterior paint. Fresh hardwoods on the main level, spacious kitchen, gas cooking! Master suite w/ walk-in shower! Beautiful new deck to relax and watch the course! Lower level features 1 bedroom, FR and 2 bonus spaces.
650 SE 40th Ter, Gresham, OR 97080 is a 2 bedroom, 2 bathroom, 2,306 sqft single-family home in Gresham Butte, built in 1998. It last sold for $540,000 on Jul 27, 2020. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $588,500, with a rent estimate of $3,001/month.

Home Details for 650 SE 40th Ter

Interior Features

Interior Details
BasementTypes of Rooms: Dining Room, Family Room, Laundry Room
Heating & Cooling
Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 2Floors: Tile, Carpet, Hardwood
Appliances & Utilities
Cable ReadyDishwasherDisposalMicrowave
Fireplace & Spa
Fireplace
Windows, Doors, Floors & Walls
Double Paned Windows

Exterior Features

Exterior Home Features
Roof: CompositionDeckExterior: Shingle Not WoodPatioPorch
Parking & Garage
GarageParking Spaces: 2Parking: Garage Attached

Property Information

Year Built
Year Built: 1998Year Updated: 1998
Property Type / Style
Property Type: Single Family HomeArchitecture: Contemporary

Community

Units in Building: 1

Lot Information

Lot Area: 6098 sqft

Price and Tax history

DateEventPrice
Jul 27, 2020
Source: RMLS (OR) #20047650
Sold
$540,000
Jul 1, 2020
Source: Agent Provided
Pending
$540,000
Jun 30, 2020
Source: Agent Provided
PendingToActive
$540,000
Jun 14, 2020
Source: Agent Provided
Pending
$540,000
Jun 11, 2020
Source: Agent Provided
Listed For Sale
$540,000

Market trends in Gresham

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

Around this home

Neighborhood Overview

Gresham Butte
See Local Highlights
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."
    1
    Flag
  • 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 "
    0
    Flag
  • Fessler5066
    "Incredible family neighborhood! Safe and with a cul de sac. School bus picks up at Main Street just around the corner. "
    1
    Flag
  • 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."
    1
    Flag
  • S D.
    "Fairly close to Powell, Division, & Burnside. These lead to most places in the area. 5 minutes to Downtown Gresham."
    0
    Flag
  • 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."
    1
    Flag
  • Lorri W. M.
    "The commute from anywhere is getting longer and more frustrating. Portland has not updated the infrastructure to accommodate the population growth. "
    0
    Flag
  • Lorri W. M.
    "Depending on time of day commute to downtown can take 20-45 min both ways. It’s recommended to avoid the freeways and take side streets. "
    0
    Flag
  • 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!"
    3
    Flag
  • Mary M.
    "Quiet cul-de-sac, friendly neighbors, flat for scenic walking, close in to town and shopping."
    2
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 650 SE 40th Ter

  • What is 650 SE 40th Ter estimated to be worth?
    Trulia's estimated value for 650 SE 40th Ter in Gresham, OR is $588,500.
  • What is the price history for 650 SE 40th Ter?
    650 SE 40th Ter in Gresham, OR last sold for $540,000 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 $459K. That is down $7.37K from the prior month.
  • Does 650 SE 40th Ter have air conditioning?
    Yes, 650 SE 40th Ter in Gresham, OR has air conditioning.
  • Does 650 SE 40th Ter have laundry facilities?
    Yes, 650 SE 40th Ter in Gresham, OR has laundry facilities.

Explore by feature - Pet Friendly

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Off Market Homes Near 650 SE 40th Ter

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