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2531 3rd Ter

Gresham, OR 97030

4 bd 4 ba 2,974 sqft Built 2006 Lot 3,049 sqft townhomes
Most recent sale
$450,000
Jul 11, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 11, 2022 Sold $450,000 MLS #22662467
Jun 8, 2022 Listed $448,000 MLS #22662467
Sep 16, 2010 Sold $198,000 MLS #10043023
Jul 30, 2010 Price changed $204,000 MLS #10043023
Jun 29, 2010 Price changed $210,000 MLS #10043023
May 23, 2010 Listed $220,900 MLS #10043023
May 4, 2010 Listing removed $195,000 RMLS
Apr 19, 2010 Price changed $195,000 MLS #9027896
Mar 31, 2010 Price changed $229,000 MLS #9027896
Mar 22, 2010 Price changed $234,900 MLS #9027896
Feb 22, 2010 Price changed $231,900 MLS #9027896
Dec 26, 2009 Price changed $239,900 MLS #9027896
Aug 18, 2009 Price changed $249,900 MLS #9027896
Jul 16, 2009 Price changed $259,900 MLS #9027896
Jun 22, 2009 Price changed $269,900 MLS #9027896
Apr 10, 2009 Listed $289,900 MLS #9027896
Dec 12, 2005 Sold $275,000 Public Record
Dec 15, 2004 Sold $945,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $215,560 $3,954
2019 $209,290 $3,850
2018 $203,200 $3,671
2017 $197,290 $3,523
2016 $191,550 $3,106
2015 $185,980 $3,039
2014 $180,570 $2,965
2013 $156,500 $2,504
2012 $175,320 $2,763
2011 $170,220 $2,744
2010 $165,270 $2,677
2009 $153,180 $2,493
2008 $148,720 $2,429
2007 $144,390 $2,490

Property facts

Year built
2006
Property type
townhomes
Stories
3
Beds
4
Baths
4
Living area
2,974 sqft
Lot size
3,049 sqft
ZIP code
97030
City
Gresham
Street
3rd Ter
Coordinates
45.49917, -122.45842

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,700
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 2531 3rd Ter last sell?
2531 3rd Ter most recently sold on Jul 11, 2022 for $450,000.
What is the current tax assessment for 2531 3rd Ter?
The most recent total assessment for 2531 3rd Ter (year 2020) is $215,560 with $3,954 in property tax.
How does 2531 3rd Ter's assessment compare to its last sale price?
The current assessment is 52.1% below the last sale price of $450,000.
When was 2531 3rd Ter built?
2531 3rd Ter was built in 2006.
How does 2531 3rd Ter compare to others on 3rd Ter?
We track 8 other properties on 3rd Ter. Browse the list under "Other properties on 3rd Ter" to compare beds, baths, and sale history.
What are the property facts for 2531 3rd Ter?
2531 3rd Ter is a 4 bed, 4 bath, 2,974 sqft, 3,049 sqft lot townhomes.
Is 2531 3rd Ter a flip candidate?
No — 2531 3rd Ter does not appear in our flips dataset.
Is 2531 3rd Ter a tax-appeal candidate?
No — 2531 3rd Ter is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.2%
Implied 1-yr
+0.8%
2026 Q3
$399.8K
2026 Q4
$400.6K
ZIP 97030 — Median Price History + Forecast

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