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Single Family ResidenceResidential
$625,770$317 / 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 94How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Aug 30, 2026
Last sold for $540,000 on Jul 27, 2020

650 SE 40TH TER

GRESHAM, OR 97080
5
Beds
3 / 1
Baths
1,975 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.
0.14 ac
Lot SizeThe size of the land the home sits on, from county records.
1998
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$626K
$587K low$665K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$540,000 · Jul 27, 2020

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$7,821 (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.$389,800 (2024)
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$389,800
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$531,910

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
StyleThe architectural style of the home, such as ranch or colonial.Contemporary
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
CoolingThe type of cooling or air conditioning in the home.Central
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.Deck · 60 ft²

Transaction History(4)

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
Hogan Cedars Elementary SchoolC+
Elementary · Grades KG–5 · 1.4 mi
M
Dexter McCarty Middle SchoolD
Middle · Grades 6–8 · 1.7 mi
H
Gresham High SchoolC-
High · Grades 9–12 · 2.5 mi

District: Gresham-Barlow School District 1j

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%

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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

650 Se 40th Ter 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 83% of homes in Gresham 97080
  • Costs more per square foot than 88% of homes in Gresham Butte
  • Bigger than 70% of homes in Multnomah County
  • Has a smaller lot than 91% of homes in Gresham Butte
  • Newer than 81% 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
$276K$937K

This home is worth more than 83% 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$625,770
CheaperTypical $520,566Pricier

Pricier than 83% of homes nearby

Price per ft²$317
CheaperTypical $277Pricier

Pricier than 75% of homes nearby

Living area1,975 ft²
SmallerTypical 1,820 ft²Bigger

Bigger than 60% of homes nearby

Lot size0.14 ac
SmallerTypical 0.18 acBigger

Bigger than 29% of homes nearby

Year built1998
OlderTypical 1990Newer

Newer than 66% of homes nearby

How 650 Se 40th Ter ranks against every home in each area.
MeasureThis homeGresham ButteGresham 97080Multnomah County
Estimated valuepricier than$625,77063% of homes83% of homes73% of homes
Price per ft²pricier than$31788% of homes75% of homes42% of homes
Living areabigger than1,975 ft²33% of homes60% of homes70% of homes
Lot sizebigger than0.14 ac9% of homes29% of homes51% of homes
Year builtnewer than199872% of homes66% of homes81% of homes

About 650 Se 40th Ter

How much is 650 Se 40th Ter, Gresham, OR worth?

The TopHap Estimate for 650 Se 40th Ter, Gresham, OR is $625,770 as of Aug 30, 2026. The likely range is $586,927 to $664,613. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 650 Se 40th Ter, Gresham, OR last sell?

650 Se 40th Ter, Gresham, OR last sold on Jul 27, 2020 for $540,000, according to the county's recorded deed. TopHap holds 4 recorded sales for this parcel.

How big is 650 Se 40th Ter, Gresham, OR?

650 Se 40th Ter, Gresham, OR has 5 bedrooms, 3 bathrooms, 1,975 square feet of living space and a 0.14-acre lot.

When was 650 Se 40th Ter, Gresham, OR built?

650 Se 40th Ter, Gresham, OR was built in 1998, making it 28 years old. It is a contemporary home. The building has 1 story.

What schools serve 650 Se 40th Ter, Gresham, OR?

650 Se 40th Ter, Gresham, OR is assigned to Hogan Cedars Elementary School (elementary), rated C+; Dexter McCarty Middle School (middle), rated D; Gresham High School (high), rated C-. All sit in Gresham-Barlow School District 1j. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 650 Se 40th Ter, Gresham, OR compare to other homes in Gresham 97080?

Among the 14,301 homes in Gresham 97080, it is worth more than 83% of them ($625,770 against a typical $520,566), its price per square foot is higher than 75% of them ($317 against a typical $277), it is bigger than 60% of them (1,975 ft² against a typical 1,820 ft²), its lot is bigger than 29% of them (0.14 ac against a typical 0.18 ac) and it is newer than 66% of them (1998 against a typical 1990). Measured against all of Multnomah County, it is worth more than 73% 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 650 Se 40th Ter, Gresham, OR?

The 2024 property tax bill for 650 Se 40th Ter, Gresham, OR was $7,821. The county assessed it at $389,800.

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