Recently Viewed Properties
See This Home
Save This Listing
Close

$660,000 Sale Pending

  • For Sale
  • Pending
  • Single Family
  • 2 Beds
  • 2 Full Baths
  • 1 Partial Bath
  • 2,617 Sq. Ft.
See This Home
Save This Home
See This Home
Save 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!

Full Property Details for 640 SE 40th Terrace

General

  • Price: $660,000
  • Taxes: $8,663 (2025)
  • Status: Pending
  • Type: Single Family
  • Source: RWMLS
  • MLS ID: 170706201
  • Updated: 8/11/2026
  • Added to Site: 22 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 1
  • Main - Full Baths: 2

Bedrooms

  • Total Bedrooms: 2
  • Primary Bedroom: Main

Parking

  • Garage: Yes
  • Total Spaces: 2

Location

  • County: Multnomah
  • Driving Directions: 40th

School Information

  • Elementary School: Hogan Cedars
  • Middle School: Dexter McCarty
  • High School: Gresham

Community

  • Community Name: 144 - Gresham, Sandy, Troutdale, Corbett
  • Association: Yes

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Forced Air, Radiant
  • Heating Fuel: Electricity, Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water

Structural Information

  • Property Detached: Yes
  • Architectural Style: Daylight Ranch
  • Stories/Levels: 2
  • Square Feet: 2,617
  • Year Built: 2003
  • Property Condition: Resale

Lot Features

  • Lot Size (Acres): 0.16
  • Lot Size (Sq. Ft.): 6,969
  • Lot Size: 7, 000 to 9, 999 SqFt

Financial Considerations

  • Tax Amount: $8,663.85
  • Tax Year: 2025
  • Terms: Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • Legal Description: PERSIMMON NO 4, LOT 130
  • Disclosures/Reports: Disclosure
  • Property ID: R242797

Listed by Keller Williams Realty Portland Elite (503) 744-0000, Jack Waddle (971) 888-1834

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Listing agent

— 640 SE 40th Terrace —

  • Jack Waddle

    Keller Williams Realty Portland Elite

    503-744-0000

971-888-1834

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Get a Great Insurance Rate

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 640 SE 40th Terrace

School District:Gresham-Barlow School District 1j
NameGradesDistance
Hogan Cedars Elementary School
1770 Southeast Fleming Avenue, Gresham, OR 97080
K-51.4 mi
Dexter Mccarty Middle School
1400 Southeast 5th Street, Gresham, OR 97080
6-81.7 mi
Gresham High School
1200 North Main Avenue, Gresham, OR 97030
9-122.5 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 640 SE 40th Terrace Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/11/2026
Listed
$660,000
72.32%
MLS
7/08/2013
Sold
$383,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 640 SE 40th Terrace

Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,664
4%
$425,750
3%
2024
$8,293
10%
$413,350
3%
2023
$7,556
6%
$401,320
6%
2021
$7,160
-3%
$378,300
-3%
2022
$7,345
3%
$389,640
6%
2021
$7,160
9%
$367,290
3%
2019
$6,561
5%
$356,600
3%
2018
$6,255
4%
$346,220
3%
2017
$6,002
13%
$336,140
3%
2016
$5,291
2%
$326,350
3%
2015
$5,177
2%
$316,850
3%
2014
$5,051
13%
$307,630
10%
2013
$4,484
—
$280,220
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 640 SE 40th Terrace

$
Down Payment
%
$
%

$
$

*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Keller Williams Realty Portland Elite (503) 744-0000, Jack Waddle (971) 888-1834

Just Listed near 640 SE 40th Terrace

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

1661 SW Wright Pl, Troutdale, OR 97060 - Photo 1 Just Listed
$399,999

1661 SW Wright Pl  Troutdale, OR 97060

  • Single Family
  • Active
  • Updated 5 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,719
    Sq. Ft.
Listed by eXp Realty, LLC, Terry Foster
859 SW 24th St, Troutdale, OR 97060 - Photo 1 Just Listed
$455,000

859 SW 24th St  Troutdale, OR 97060

  • Single Family
  • Active
  • Updated 5 days ago
  • 2
    Beds
  • 2
    Total Baths
  • 1,468
    Sq. Ft.
Listed by Neighbors Realty, Maddie Merchant
11062 SE 172nd Ave, Happy Valley, OR 97086 - Photo 1 Just Listed
$424,900

11062 SE 172nd Ave  Happy Valley, OR 97086

  • Land Residential
  • Active
  • Updated 6 days ago
  • 2.05
    Acres
Listed by RE/MAX Equity Group, Rich Burns
11435 SE Falco St, Happy Valley, OR 97086 - Photo 1 Just Listed
$415,000

11435 SE Falco St  Happy Valley, OR 97086

  • Townhouse
  • Active
  • Updated 2 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,530
    Sq. Ft.
Listed by Wings NW Real Estate LLC, Elizabeth Henderson

Price Reduced near 640 SE 40th Terrace

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

20671 NE Thompson Ter, Fairview, OR 97024 - Photo 1 Price Reduced
-$2,500 (-0.65%)
$384,900

20671 NE Thompson Ter  Fairview, OR 97024

  • Condo / Townhouse
  • Active
  • Updated 5 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,260
    Sq. Ft.
Listed by John L. Scott Portland Central, Jaime Espenel
21629 NE Lachenview Ln, Fairview, OR 97024 - Photo 1 Price Reduced
-$30,500 (-4.96%)
$585,000

21629 NE Lachenview Ln  Fairview, OR 97024

  • Single Family
  • Active
  • Updated 1 day ago
  • 5
    Beds
  • 2
    Total Baths
  • 2,501
    Sq. Ft.
Listed by Living Room Realty, Katie Fracasso PC and Living Room Realty, Jennifer Raynak
2742 NE 201st Ave, Fairview, OR 97024 - Photo 1 Price Reduced
-$4,000 (-4.04%)
$95,000

2742 NE 201st Ave  ##7  Fairview, OR 97024

  • Manufactured Home
  • Active
  • Updated 6 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,404
    Sq. Ft.
Listed by John L. Scott Portland Metro, Cary Knight and John L. Scott Portland Metro, Katherine Sayles
21892 Bramble Way, Fairview, OR 97024 - Photo 1 Price Reduced
-$4,000 (-0.85%)
$465,000

21892 Bramble Way  Fairview, OR 97024

  • Single Family
  • Active
  • Updated 2 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,282
    Sq. Ft.
Listed by eXp Realty, LLC, Stephanie Peck and eXp Realty, LLC, Michelle Woster

Recent Sales near 640 SE 40th Terrace

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

285 SE Avondale Way, Gresham, OR 97080 - Photo 1 Sold
$725,000

285 SE Avondale Way  Gresham, OR 97080

  • Single Family
  • Sold
  • 3
    Beds
  • 2
    Total Baths
  • 2,429
    Sq. Ft.
Listed by RE/MAX Advantage Group, Bill Bailey
Sold by Keller Williams Realty Portland Premiere, Jaimy Beltran
242 SE 29th St, Gresham, OR 97080 - Photo 1 Sold
$630,000

242 SE 29th St  Gresham, OR 97080

  • Single Family
  • Sold
  • 4
    Beds
  • 3
    Total Baths
  • 2,986
    Sq. Ft.
Listed by Oregon First, Gabi Carnivali
Sold by Great Western Real Estate Co, Elsie Frani Grover
350 SW 37th Terrace, Gresham, OR 97080 - Photo 1 Sold
$655,000

350 SW 37th Terrace  Gresham, OR 97080

  • Single Family
  • Sold
  • 3
    Beds
  • 2
    Total Baths
  • 2,497
    Sq. Ft.
Listed by Cascade Hasson Sotheby's International Realty, Calisa Welch
Sold by Redfin, Ali Sakhi
553 SE 23rd Terrace, Gresham, OR 97080 - Photo 1 Sold
$629,900

553 SE 23rd Terrace  Gresham, OR 97080

  • Single Family
  • Sold
  • 4
    Beds
  • 2
    Total Baths
  • 2,422
    Sq. Ft.
Listed by Premiere Property Group, LLC, Michelle Burbank
Sold by eXp Realty, LLC, Julie Yunger

640 SE 40th Ter, Gresham, OR 97080 (MLS# 170706201) is a Single Family property with 2 bedrooms, 2 full bathrooms and 1 partial bathroom. 640 SE 40th Ter is currently listed for $660,000 and was received on August 11, 2026. Want to learn more about 640 SE 40th Ter? Do you have questions about finding other Single Family real estate for sale in Northeast Gresham? You can browse all Northeast Gresham real estate or contact a Coldwell Banker agent to request more information.

Tour this property