640 SE 40th Ter, Gresham, OR 97080 Property Records

Multnomah County property record for 640 SE 40th Ter, Gresham, OR 97080 · Last verified August 2026

Property Highlights

Property TypeResidential > Single Family > Home
Bedrooms2 Beds
Bathrooms2.5 Baths
Year BuiltBuilt 2003
Square Footage2,617 sqft Living Area
Lot Size6,794 sqft (0.156 acres)
OccupancyOwner Occupied
Last Sale$383,000 (2013)
Tax Bill$8,663.00 (2025)

Property Details

APN / Parcel Number

Primary APN1S3E22BD-03100
Alternative APNs
  • R655921420
  • R242797

Interior

Bedrooms2 Beds
Full Baths2.5 Baths
Partial Baths1 Partial Baths
Building Area2,617 sqft Living Area
Gross Area3,343 sqft Gross Area
1st Floor1,555 sqft 1st Floor
Basement Area1,062 sqft Basement
Finished Basement1,062 sqft Finished
Stories1 Stories
FireplaceFireplace
Fireplaces1 Fireplaces

Exterior

Year BuiltBuilt 2003
Effective Year BuiltEffective 2003
Exterior MaterialWood Exterior
Roof ConstructionGable Roof Construction
Roof MaterialComposition Shingle Roof
Lot Area6,794 sqft (0.156 acres)
Parking Spaces2 Parking Spaces
Garage TypeAttached Garage
Garage Area576 sqft Garage
Deck Area150 sqft Deck

Utilities and HVAC

Cooling SystemCentral Cooling
Heating SystemForced Air with Air Conditioning Heating
SewageSewage Connected
Water SourceYes (Unknown Type) Water Source

Location & Zoning

Account NumberR655921420
Street Address640 SE 40TH TER
CityGRESHAM
StateOR
Zip97080-8458
Property UsageResidential Property Usage
TypeResidential > Single Family > Home
Legal DescriptionPERSIMMON NO 4, LOT 130
Legal Range03E
Legal Township01S
Legal Section22
Legal SubdivisionPERSIMMON NO 4
Legal Lot Number130
JurisdictionMULTNOMAH OR
Minor Civil DivisionGRESHAM
Census Blockgroup4
Census Block4026
Census Tract9907

Owner

Source: Multnomah County records · APN 1S3E22BD-03100

Assessment roll updated October 29, 2025 · Last verified August 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record2 Individual Names on File
Mailing Address640 SE 40TH TER, GRESHAM, OR 97080-8458
OccupancyOwner Occupied
Owner TypeOwner is an Individual, Couple or Unincorporated Entity
VestingTenant By Entirety

Deeds, Mortgages & Sale History

DateDocument
Nov 20, 2025Deed of Trust, Mortgage · Line of Credit
BANNER BANK
Jul 30, 2020Quit Claim Deed, Transfer
NOT AVAILABLE

Assessor's Deed Record

Deed Names2 Verified Names on Deed
Last SaleJul 08, 2013 · Amount on Record
Deed SaleJul 08, 2013 · Amount on Record
Prior SaleMar 20, 2002 · Amount on Record
Deed Doc Number201392570
Last Transfer DateJul 21, 2020
Transfer Doc0000094231
Record RefreshedSep 20, 2026

November 2025: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMULTNOMAH OR
Property Address640 SE 40TH TER, GRESHAM, OR 97080-8458
Transaction TypeMortgage
Record UpdatedDec 01, 2025

Transferred To (Grantee/Buyer)

NameVerified Name
Address640 SE 40TH TER, GRESHAM, OR 97080-8458

Mortgage

Document Number0000075438
DateNov 20, 2025
Instrument2025-075438
Lender
NameBANNER BANK
TypeBank
AddressBELLEVUE, WA 98005
Agreement
TypeLine of Credit
AmountAmount Recorded
Term300 Months
DueNov 12, 2050
Interest
Rate TypeAdjustable Rate
Change FrequencyMonthly (Revolving credit lines are monthly unless stated otherwise).

July 2020: Quit Claim Deed, Transfer

Document TypeQuit Claim Deed
JurisdictionMULTNOMAH OR
Recording DateJul 30, 2020
Property Address640 SE 40TH TER, GRESHAM, OR 97080-8458
Document Number0000094231
Instrument DateJul 21, 2020
Instrument94231
Transaction TypeTransfer
Record UpdatedAug 14, 2020
Title CompanyNOT AVAILABLE

Transaction

Tax$0.00
Additional
  • Quitclaim Document
  • Arms Length Transaction

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipTenant By Entirety
Address640 SE 40TH TER GRESHAM OR 970808458, GRESHAM, OR 97080-8458

Tax Assessment & Valuation

Source: Multnomah County records · Assessment roll updated October 29, 2025 · Last verified August 2026

Property Jurisdictions

TypeName
StateOregon
CountyMultnomah County
MunicipalityGresham City
Unified School DistrictGresham-Barlow School District 1J (KG - 12)

Tax Bill & Assessment History

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

YearTax BillAssessed ValueAssessed Market Value
2025$8,663.00 (+4.46%)$425,750 (+3%)$680,030 (+10.84%) Land $289,700 Building $390,330
2024$8,293.00 (+9.77%)$413,350 (+3%)$613,550 (+0.12%) Land $244,250 Building $369,300
2023$7,555.00 (+2.87%)$401,320 (+3%)$612,800 (-1.59%) Land $243,500 Building $369,300
2022$7,344.00$389,640$622,720 Land $248,500 Building $374,220

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