Skip to content
Skip to content
TopHapOpen in map
Single Family ResidenceResidential
$578,175$223 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 98How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026
Last sold for $333,405 on Oct 11, 2013

2875 SW 40TH ST

GRESHAM, OR 97080
3 / 1
Baths
2,594 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.13 ac
Lot SizeThe size of the land the home sits on, from county records.
2013
Year BuiltThe year the home was originally built, according to county records.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$578K
$567K low$590K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$333,405 · Oct 11, 2013
Est. Owner EquityRoughly how much of the home's value the owner would keep after paying off known loans. It is our estimate minus the loans still owed.$374,770
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$299,816
Loan-to-ValueHow much is still owed on the home compared to what it is worth. 80% means loans equal 80% of our estimate, so it shifts when the estimate does.33%
1st MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$203,405
US BANK NA · 2.62% 2 · recorded Oct 11, 2013

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$5,735 (2024)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$306,960 (2024)
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$306,960
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$572,180

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyMultnomah
Lot (acres)The size of the land the home sits on, from county records.0.14
FoundationWhat the home is built on, such as a concrete slab, a crawl space, or a basement.Concrete
RoofThe main material covering the roof, such as asphalt shingle or tile.Composition Shingle
HeatingThe type of heating system in the home.Forced Air
FireplaceWhether the home has a fireplace, and what kind.Yes
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Attached
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Porch · 136 ft²

Transaction History(1)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Butler Creek Elementary SchoolB+
Elementary · Grades KG–5 · 0.2 mi
H
Centennial High SchoolC-
High · Grades 9–12 · 2.0 mi
M
Centennial Middle SchoolD+
Middle · Grades 6–8 · 2.4 mi

District: Centennial School District 28j

Neighborhood · ZIP 97080These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.54
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.105
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.176

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.97%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.20%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.7.0%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.3%
PopulationHow many people live in this area.43,280
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.2,022 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$97,927
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$117,095
Average tempThe average temperature here across a full year.52°F
Annual precipHow much rain and melted snow falls here in a typical year.60 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.48%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Owner occupied
Company ownedWhether the owner is a company or trust rather than a person.No

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

2875 Sw 40th St measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 72% of homes in Gresham 97080
  • Costs less per square foot than 94% of homes in Multnomah County
  • Bigger than 86% of homes in Multnomah County
  • Has a smaller lot than 73% of homes in Gresham 97080
  • Newer than 94% of homes in Multnomah County

What homes are worth in Gresham 97080

Each bar is how many homes fall in that price range. The marker is this home.

This home
$250K$949K

This home is worth more than 72% of homes in Gresham 97080.

How it measures up in Gresham 97080

The dot is this home. The mark in the middle is the typical home in Gresham 97080.

Estimated value$578,175
CheaperTypical $519,244Pricier

Pricier than 72% of homes nearby

Price per ft²$223
CheaperTypical $277Pricier

Pricier than 11% of homes nearby

Living area2,594 ft²
SmallerTypical 1,814 ft²Bigger

Bigger than 84% of homes nearby

Lot size0.13 ac
SmallerTypical 0.18 acBigger

Bigger than 27% of homes nearby

Year built2013
OlderTypical 1991Newer

Newer than 86% of homes nearby

How 2875 Sw 40th St ranks against every home in each area.
MeasureThis homeSouthwestGresham 97080Multnomah County
Estimated valuepricier than$578,17569% of homes72% of homes65% of homes
Price per ft²pricier than$22311% of homes11% of homes6% of homes
Living areabigger than2,594 ft²82% of homes84% of homes86% of homes
Lot sizebigger than0.13 ac30% of homes27% of homes49% of homes
Year builtnewer than201380% of homes86% of homes94% of homes

About 2875 Sw 40th St

How much is 2875 Sw 40th St, Gresham, OR worth?

The TopHap Estimate for 2875 Sw 40th St, Gresham, OR is $578,175 as of Jul 14, 2026. The likely range is $566,806 to $589,544. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 2875 Sw 40th St, Gresham, OR last sell?

2875 Sw 40th St, Gresham, OR last sold on Oct 11, 2013 for $333,405, according to the county's recorded deed.

How big is 2875 Sw 40th St, Gresham, OR?

2875 Sw 40th St, Gresham, OR has 3 bathrooms, 2,594 square feet of living space and a 0.14-acre lot.

When was 2875 Sw 40th St, Gresham, OR built?

2875 Sw 40th St, Gresham, OR was built in 2013, making it 13 years old.

What schools serve 2875 Sw 40th St, Gresham, OR?

2875 Sw 40th St, Gresham, OR is assigned to Butler Creek Elementary School (elementary), rated B+; Centennial High School (high), rated C-; Centennial Middle School (middle), rated D+. All sit in Centennial School District 28j. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 2875 Sw 40th St, Gresham, OR compare to other homes in Gresham 97080?

Among the 14,303 homes in Gresham 97080, it is worth more than 72% of them ($578,175 against a typical $519,244), its price per square foot is higher than 11% of them ($223 against a typical $277), it is bigger than 84% of them (2,594 ft² against a typical 1,814 ft²), its lot is bigger than 27% of them (0.13 ac against a typical 0.18 ac) and it is newer than 86% of them (2013 against a typical 1991). Measured against all of Multnomah County, it is worth more than 65% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 2875 Sw 40th St, Gresham, OR?

The 2024 property tax bill for 2875 Sw 40th St, Gresham, OR was $5,735. The county assessed it at $306,960.

Closest homes

More homes in Gresham 97080

Assigned schools

Explore the area

See this home in context

Open 2875 Sw 40th St on TopHap’s interactive map to compare it against every sale nearby, overlay school zones and flood risk, and run a CMA.

Open in map
A flyover of TopHap's photorealistic 3D map, with recorded sale prices pinned to homes
Search any address, city, zip, or county…3D$1.9M$6.25MOpen in map