1587 SW Walters Loop Gresham, OR 97080
Gresham Butte NeighborhoodEstimated payment $8,873/month
Highlights
- Sauna
- Custom Home
- 0.88 Acre Lot
- RV Access or Parking
- View of Trees or Woods
- Farm
About This Home
This stunning 5540 SqFt 4-bedroom, 3.5-bath home offers both luxury and functionality, perfect for those who appreciate the finer details and spacious living. The primary suite is an absolute retreat, featuring a huge bathroom with a walk-in shower, jacuzzi tub, and a fireplace and sweeping views from the attached balcony, offering the perfect place to unwind. The formal dining room is ideal for elegant gatherings, while the office, complete with built-in bookcases and desk, provides a quiet space for work or study. The formal living room showcases picturesque views that will leave you speechless. The kitchen is a chef’s dream, with an oversized island, gorgeous granite countertops, and beautiful wood cabinetry that highlights the attention to detail. The family room, with its own fireplace, provides a casual space for relaxation, and the informal dining area offers easy access to the balcony, making outdoor meals a breeze. 2nd & 3rd bedrooms with spacious Jack and Jill bathroom. The lower level is a fantastic entertainment area, featuring a wet bar, media room, 4th bedroom, full bath, and a sauna—perfect for relaxing. Step outside to the covered back patio with stamped concrete, overlooking just under an acre of fully fenced property, providing privacy and plenty of space for outdoor activities. The 4-car garage ensures ample storage, while a separate gym allows you to stay active in the comfort of your own home. This home is built to last and offers an opportunity to live in luxury with a gorgeous setting that’s truly one of a kind.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $18,604
Year Built
- Built in 2005
Lot Details
- 0.88 Acre Lot
- Fenced
- Secluded Lot
- Gentle Sloping Lot
- Sprinkler System
- Landscaped with Trees
Parking
- 5 Car Attached Garage
- Tandem Garage
- Garage Door Opener
- Driveway
- Off-Street Parking
- RV Access or Parking
Property Views
- Woods
- Mountain
- Territorial
Home Design
- Custom Home
- Traditional Architecture
- Slab Foundation
- Composition Roof
- Cement Siding
- Cultured Stone Exterior
Interior Spaces
- 5,540 Sq Ft Home
- 2-Story Property
- Central Vacuum
- High Ceiling
- 2 Fireplaces
- Gas Fireplace
- Double Pane Windows
- Vinyl Clad Windows
- Family Room
- Living Room
- Dining Room
- First Floor Utility Room
- Laundry Room
- Sauna
- Security Lights
Kitchen
- Built-In Double Oven
- Microwave
- Plumbed For Ice Maker
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Granite Countertops
- Tile Countertops
- Disposal
- Pot Filler
Flooring
- Wood
- Wall to Wall Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
- Soaking Tub
- Walk-in Shower
Schools
- Hollydale Elementary School
- Dexter Mccarty Middle School
- Gresham High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Gas Water Heater
Additional Features
- Accessibility Features
- Covered Patio or Porch
- Farm
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number R489346
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $19,435 | $955,060 | -- | -- |
| 2024 | $18,604 | $927,250 | -- | -- |
| 2023 | $16,950 | $900,250 | $0 | $0 |
| 2022 | $16,476 | $874,030 | $0 | $0 |
| 2021 | $16,060 | $848,578 | $0 | $0 |
| 2020 | $14,444 | $787,480 | $0 | $0 |
| 2019 | $14,066 | $764,550 | $0 | $0 |
| 2018 | $13,412 | $742,290 | $0 | $0 |
| 2017 | $12,867 | $720,670 | $0 | $0 |
| 2016 | $11,345 | $699,680 | $0 | $0 |
| 2015 | $10,808 | $679,310 | $0 | $0 |
| 2014 | $10,534 | $659,530 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/15/2025 08/15/25 | Price Changed | $1,399,000 | -4.7% | $253 / Sq Ft | |
| 05/10/2025 05/10/25 | Price Changed | $1,468,000 | -3.3% | $265 / Sq Ft | |
| 03/25/2025 03/25/25 | Price Changed | $1,518,000 | -1.3% | $274 / Sq Ft | |
| 02/06/2025 02/06/25 | For Sale | $1,538,000 | +85.3% | $278 / Sq Ft | |
| 01/22/2021 01/22/21 | Sold | $830,000 | -5.1% | $150 / Sq Ft | View Prior Sale |
| 12/23/2020 12/23/20 | Pending | -- | -- | -- | |
| 12/23/2020 12/23/20 | For Sale | $875,000 | -- | $158 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $830,000 | Lawyers Title Of Oregon Llc | |
| Warranty Deed | $221,400 | Transnation Title Agency Or |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $548,250 | New Conventional | |
| Previous Owner | $418,800 | Construction |
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 179985947
APN: R489346
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
- 1555 SW Miller Ct
- 816 SW Overlook Ct
- 1488 SW 17th Ct
- 975 SW Florence Ct
- 2188 SW Wallula Ln
- 0 SW Miller Ct Unit 470855683
- 1396 SW 22nd Terrace
- 75 SW Lovhar Dr
- 1845 SW 18th Ct
- 1407 SE Beech Place
- 626 SW Miller Ct
- 1284 SW 4th St
- 1466 SW 5th Place
- 1820 SW Heiney Rd
- 1897 SW Binford Lake Pkwy
- 1660 SW 4th St
- 1603 SW 3rd Dr
- 1475 SW 4th St
- 200 SW Florence Ave Unit G3
- 200 SW Florence Ave Unit I19
- 700 SW Eastman Pkwy
- 200 SW Florence Ave Unit F1
- 165 SW Eastman Pkwy
- 188 NW 3rd St
- 2027 W Powell Blvd
- 2700 W Powell Blvd
- 492 NE 2nd St
- 2948 W Powell Blvd
- 1500 SW Pleasant View Dr
- 755 SE Hogan Rd
- 1203-1221 E Powell Blvd
- 1167 NW Wallula Ave
- 3180 SW 31st St
- 1132 NW Birdsdale Ave
- 1112 NW 15th St
- 1201 NE 8th St
- 1212 NE Linden Ave
- 3388 SW 38th St
- 1699 NW Civic Dr
- 1060 NE Cleveland Ave