620 40th Ter
Gresham, OR 97080
4 bd 4 ba 2,359 sqft Built 1997 Lot 7,405 sqft single_family
Most recent sale
$625,000
Jul 22, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 22, 2022 | Sold | $625,000 | MLS #22634240 |
| Jun 17, 2022 | Listed | $639,900 | MLS #22634240 |
| May 27, 2021 | Sold | $607,000 | MLS #21489200 |
| Apr 23, 2021 | Listed | $549,000 | MLS #21489200 |
| Jul 9, 2002 | Sold | $300,000 | Public Record |
| Aug 23, 1999 | Sold | $175,000 | Public Record |
| Oct 29, 1997 | Sold | $348,282 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $504,360 | $10,263 |
| 2024 | — | — | $504,360 | $9,824 |
| 2023 | — | — | $475,410 | $8,950 |
| 2022 | — | — | $461,570 | $8,700 |
| 2021 | — | — | $448,130 | $8,481 |
| 2020 | — | — | $435,080 | $7,804 |
| 2019 | — | — | $422,410 | $7,706 |
| 2018 | — | — | $410,110 | $7,383 |
| 2017 | — | — | $398,170 | $7,109 |
| 2016 | — | — | $386,580 | $6,154 |
| 2015 | — | — | $375,330 | $5,978 |
| 2014 | $214,370 | $135,000 | $349,370 | $5,580 |
| 2013 | — | — | $327,970 | $5,248 |
| 2012 | — | — | $319,330 | $5,021 |
| 2011 | — | — | $323,160 | $5,063 |
| 2010 | — | — | $358,040 | $5,639 |
| 2009 | — | — | $364,400 | $5,930 |
| 2008 | — | — | $353,790 | $5,778 |
| 2007 | — | — | $343,490 | $5,923 |
Property facts
Year built
1997
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
2,359 sqft
Lot size
7,405 sqft
ZIP code
97080
City
Gresham
Street
40th Ter
Coordinates
45.46987, -122.42723
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,718
Gross rental yield
9.06%
Implied cap rate
5.89%
Trend-extrapolated value
—
Frequently asked questions
When did 620 40th Ter last sell?
620 40th Ter most recently sold on Jul 22, 2022 for $625,000.
What is the current tax assessment for 620 40th Ter?
The most recent total assessment for 620 40th Ter (year 2025) is $504,360 with $10,263 in property tax.
How does 620 40th Ter's assessment compare to its last sale price?
The current assessment is 19.3% below the last sale price of $625,000.
When was 620 40th Ter built?
620 40th Ter was built in 1997.
How does 620 40th Ter compare to others on 40th Ter?
We track 1 other property on 40th Ter. Browse the list under "Other properties on 40th Ter" to compare beds, baths, and sale history.
What are the property facts for 620 40th Ter?
620 40th Ter is a 4 bed, 4 bath, 2,359 sqft, 7,405 sqft lot single_family.
Is 620 40th Ter a flip candidate?
No — 620 40th Ter does not appear in our flips dataset.
Is 620 40th Ter a tax-appeal candidate?
No — 620 40th Ter is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.6%
Implied 1-yr
+10.4%
2026 Q3
$604.4K
2026 Q4
$617.9K
ZIP 97080 — Median Price History + Forecast
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Geography
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