Pending

$660,000

Est. $4,479/mo —

•

2,617

sq ft

640 SE 40th Ter, Gresham, OR 97080

About this home

Experience resort-style living in this gorgeous Villa, which boasts its prime location right on the 1st fairway on 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 (that saved just over $1000 annually on electric bills) and a great savings on your electricity bill!! Golf and social memberships are sold separately. Call today for more information or your personal tour!

Single-familyProperty Type

2003Year Built

6,969 sq ftLot Size

$252Price/Sq.Ft.

2 car garageParking

Listed by Jack Waddle • Keller Williams Realty Portland Elite

Contact: 971-888-1834

Listing updated: Sep 18, 2026 at 07:39pm

Redfin checked: 2 minutes ago

•Source:RMLS #170706201

Payment calculator

$4,479 per month

Principal and interest$3,647

Property taxes

$722

HOA dues

Home insurance

$110

Utilities

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Open houses

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Nearby open houses (10)

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Around this home

Schools

K - 12
Preschool & daycare

Hogan Cedars Elementary School

Public K-5 • Assigned • 1.4mi

5/10

Dexter McCarty Middle School

Public 6-8 • Assigned • 1.7mi

3/10

Gresham High School

Public 9-12 • Assigned • 2.4mi

4/10

Provided by GreatSchools

About

Persimmon

Persimmon, located between SE Stark St and SE Division St, is a residential and suburban Gresham neighborhood with curving cul-de-sacs and greenbelt pockets. The neighborhood’s character concentrates around the SE 242nd Ave & SE Stark St crossroads, where everyday errands cluster beside steady traffic and wide sidewalks. Housing reads as late-20th-century subdivisions—two-story traditionals, tidy yards, and attached garages—set against a gently rolling east-county backdrop. Small parks and school grounds shape the daily rhythm, with walking loops and play fields breaking up the blocks. For a local night out, Mt. Hood Brewing Co. anchors nearby with a casual, wood-and-steel taproom feel. The Gresham History Museum adds a civic note, pairing well with a stop at Nicholas Restaurant for Lebanese staples.

Provided by Walk Score and Local Logic

Market insights

640 SE 40th Ter · $660,000

DAYS ON MARKET

The average home goes pending in 19 days.

SALE-TO-LIST

Most homes are selling 1% above list price.

LIST PRICE

Median sale price in this area is $547,205. (17% lower than this home)

PRICE DROP

26% of homes in this area have had a price drop in the past month.

Property details

Parking

Parking Information
Parking Total: 2

Garage Information
Garage Spaces: 2

Interior

Appliances
Hot Water Description: Electricity, Gas

Bathroom Information
Bathrooms Full: 2
Bathrooms Full Main Level: 2
Bathrooms Partial: 1
Bathrooms Partial Lower Level: 1
Bathrooms Total Integer: 3
Bathrooms Total Lower Level: 0.1
Bathrooms Total Main Level: 2
Baths Total: 2.1

Room 7 Information
Description: 2nd Bedroom

Room 9 Information
Description: Dining Room

Room 10 Information
Description: Family Room

Room 11 Information
Description: Kitchen

Room 12 Information
Description: Living Room

Room 13 Information
Description: Primary Bedroom
Level: Main

Room 14 Information
Description: Great Room

Exterior

Exterior Features
Exterior Description: Wood Siding

Lot Information
Lot Size Square Feet: 6,969
Lot Size Range: 7,000 to 9,999 SqFt
Lot Size Acres: 0.16
Lot Size: 7,000 to 9,999 SqFt
Parcel Number: R242797

Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Property Attached YN: No
Property Condition: Resale
Main Level Area Total: 1,555
Lower Level Area Total: 1,062
View YN: No

Building Information
Year Built: 2003
Building Area Total: 2,617
Building Area Description: tax
Building Area Calculated: 1,555

Financial

Tax Information
Tax Year: 2025
Tax Legal Description: PERSIMMON NO 4, LOT 130
Tax Annual Amount: $8,663.85

Lease / Rent Information
Land Lease YN: No

Utilities

Utility Information
Green Certification YN: No
Fuel Description: Electricity, Gas
Water Source: Public Water
Sewer: Public Sewer

Heating & Cooling
Heating YN: Yes
Heating: Forced Air, Radiant
Cooling YN: Yes
Cooling: Central Air

Electricity and solar

View estimated energy costs and solar savings for this home

Internet

View available providers

Location

HOA Information
Has HOA: Yes
Association Name: Persimmon Country Club

School Information
Elementary School: Hogan Cedars
Middle Or Junior School: Dexter McCarty
High School: Gresham

Location Information
Directions: 40th
Unparsed Address: 640 SE 40TH TER, Gresham, OR 97080

Community Information
Senior Community YN: No

Public facts

Beds: 2
Baths: 2.5
Finished Sq. Ft.: 2,617
Unfinished Sq. Ft.: —
Total Sq. Ft.: 2,617
Stories: 1.0
Lot Size: 6,794 square feet
Style: Single Family Residential
Year Built: 2003
Year Renovated: 2003
County: Multnomah County
APN: R242797

Home facts updated by county records on Jul 15, 2026

Other

Listing Information
MlsStatus: Pending

Listing Price Information
Price Type: List Price

New Construction Information
New Construction YN: No

Sale and tax history for 640 SE 40th Ter

Sale History
Tax History

Date

Event

Price

RMLS #170706201

Aug 11, 2026

Delisted

—

Aug 11, 2026

Listed

$660,000

$252/sq ft

Public Records

Jul 8, 2013

Sold

$383,000

$146/sq ft

RMLS #13514407

Jul 10, 2013

Delisted

—

Jul 8, 2013

Sold

$383,000

$146/sq ft

Jun 4, 2013

Pending

—

Mar 21, 2013

Listed

$395,000

$151/sq ft

+11

Public Records

Mar 20, 2002

Sold

$80,000

$31/sq ft

Public Records

Mar 8, 1999

Sold

$10,295,945

$3,934/sq ft

Join or sign in to view all info

Public record

Public record
Zoning

Beds

Baths

2.5

Stories

Lot width

—

Lot depth

—

Lot size

6,794 Sq. Ft.

Year renovated

2003

Finished Sq. Ft.

2,617

Unfinished Sq. Ft.

—

Total Sq. Ft.

2,617

Year built

2003

Style

Single Family Residential

County

Multnomah County

APN

R242797

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 15, 2026.

LDR-5

HGRO

Low Density Residential-5 District

The Low Density Residential-5 District is primarily intended for residential uses including single detached dwellings and manufactured homes, duplexes, triplexes, quadplexes, townhouses, and cottage clusters at a maximum net density for single detached units of 8.71 units per acre and for townhouses of 25 units per acre. For all subdivisions, and for those partitions of parent parcels greater than 20,000 sq ft, a minimum net density of 6.22 units per acre is required.

Zone overlays

Hillside and Geologic Risk Overlay District

Permitted uses

Include but are not limited to:

Housing-Single unit
Housing-Multiple units
Housing-Other
Infrastructure-Other

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

2/10 Heat Factor

7 days above 90° expected this year, 15 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

9/10 Air Factor

14 unhealthy days expected this year, 16 days in 30 years

Provided by First Street

Historical weather

Gresham, OR • 97080

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

73/ 100

Good sunlight

Sunscore

There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

7.8 hrs

4.6 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 640 SE 40th Ter

We cannot show automated home-value estimates for this home.

Nearby homes have recently sold between $580,000 and $725,000.

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $580K to $725K.

SOLD JUL 29, 2026
$725,000 Last sold price
3 beds3 baths2,429 sq ft
285 SE Avondale Way, Gresham, OR 97080
$46/sq ft
larger lot
7 years older
SOLD MAY 15, 2026
$650,000 Last sold price
3 beds3 baths2,360 sq ft
2167 SE Meadow Ct, Gresham, OR 97080
$23/sq ft
larger lot
23 years older
SOLD JAN 28, 2026
$660,000 Last sold price
2 beds3 baths2,577 sq ft
632 SE 38th Dr, Gresham, OR 97080
$4/sq ft
smaller lot
basement
BOUGHT WITH REDFIN APR 22, 2026
$655,000 Last sold price
3 beds3 baths2,497 sq ft
350 SW 37th Ter, Gresham, OR 97080
$10/sq ft
7 years older
SOLD SEP 3, 2026
$580,000 Last sold price
4 beds3 baths2,260 sq ft
2755 SW Angeline Ct, Gresham, OR 97080
$5/sq ft
larger lot
27 years older
SOLD JUL 14, 2026
$629,900 Last sold price
4 beds3 baths2,422 sq ft
553 SE 23rd Ter, Gresham, OR 97080
$8/sq ft
11 years newer

This home is pending

The seller has accepted an offer, and this property is now .

Have questions?

Christopher Rowley

Gresham Redfin Agent

Christopher Rowley typically replies in about 5 minutes

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Payment calculator

Open houses

Nearby open houses (10)

Around this home

Schools

Market insights

Property details

Sale and tax history for 640 SE 40th Ter

Public record

Climate risks

Historical weather

Sun exposure

Redfin Estimate for 640 SE 40th Ter

This home is pending

Have questions?

Nearby similar homes

New listings for sale in 97080

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