NOT LISTED FOR SALE

1587 SW Walters Loop Gresham, OR 97080

Gresham Butte Neighborhood

Estimated Value: $1,048,000 - $1,241,000

4 Beds
4 Baths
5,540 Sq Ft
$209/Sq Ft Est. Value

Sale Details

Date Sold: January 22, 2021

Last sale price $830,000 $150 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $7,991 / mo

Highlights

  • Home Theater
  • RV Access or Parking
  • Private Lot
  • Sauna
  • Covered Deck
  • Vaulted Ceiling

About This Home

As of January 2021

Prepare to fall in LOVE with this PRIVATE sanctuary with sweeping valley views. An ENTERTAINER or FAMILY dream home situated in the finest neighborhood, great outdoor living space with beautiful back yard, oversized 5 car garage and RV Parking. PRIVACY, DESIGN and attention to DETAILS come together that make this the area's HOTTEST property. Sauna, large patio, wet bar and media room will allow you to entertain in ease. Sit and relax, listen to the birds and enjoy this home to be proud of.

Last Agent to Sell the Property

Jason Mendell

eXp Realty, LLC License #201219949 Listed on: 12/23/2020

eXp Realty, LLC

Last Buyer's Agent

Gretchen Spring

RE/MAX Equity Group License #201209316

RE/MAX Equity Group

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2005

Lot Details

  • Fenced
  • Private Lot
  • Secluded Lot
  • Gentle Sloping Lot
  • Landscaped with Trees

HOA Fees

  • $8 per month

Parking

  • Attached Garage
  • Oversized Parking
  • Tandem Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking
  • RV Access or Parking

Home Design

  • Slab Foundation
  • Cement Siding
  • Cultured Stone Exterior

Interior Spaces

  • 2-Story Property
  • Central Vacuum
  • Vaulted Ceiling
  • Recessed Lighting
  • 2 Fireplaces
  • Natural Light
  • Double Pane Windows
  • Home Theater
  • Sauna
  • Wood Flooring
  • Laundry Room
  • Property Views

Bedrooms and Bathrooms

  • In-Law or Guest Suite
  • Hydromassage or Jetted Bathtub
  • Walk-in Shower

Finished Basement

  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Home Security

  • Security System Owned
  • Security Lights

Accessible Home Design

  • Accessible Hallway
  • Accessibility Features
  • Level Entry For Accessibility

Outdoor Features

  • Covered Deck
  • Patio

Additional Homes

  • Dwelling with Separate Living Area

Utilities

  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet

Home Details

Home Type

Single Family

Year Built

Built in 2005

Lot Details

0.88 Acres

HOA Fees

$8 per month

Parking

5

Listing Details

  • Status: Sold
  • Property Category: Residential
  • Property Type: Single Family Residence
  • Style: Traditional, Custom Style
  • Sq Ft Calculated: 3860
  • Sq Ft Approximate Total: 5540
  • Accessibility: Yes
  • Stories: 2
  • Year Built: 2005
  • Property Condition: Resale
  • Unreinforced Masonry Building: No
  • New Construction Supplement: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Accessibility Features: One Level, Built-in Lighting, Natural Lighting, Walk-in Shower, Accessible Hallway(s), Ground Level, Main Floor Bedroom w/Bath
  • Additional Room Features: Built-in Features, Patio, Wet Bar, Wall to Wall Carpet, Wainscoting
  • Additional Rooms: Office, Sauna, Media Room
  • All Room Features: Bathroom, Built-in Features, Closet Organizer, Deck, Eating Area, Fireplace, Formal, Gas Appliances, Gourmet Kitchen, Hardwood Floors, Patio, Wet Bar, Wall to Wall Carpet, Double Closet, Jetted Tub, Wainscoting
  • Lower Level Bathrooms: 1.0
  • Main Level Bathrooms: 2.1
  • Total Bathrooms: 3.1
  • Fireplace Description: Gas
  • Fireplaces: 2
  • Interior Amenities: Central Vacuum, Garage Door Opener, Hardwood Floors, Laundry, Vaulted Ceiling(s), High Ceilings, Jetted Tub, Separate Living Quarters/Apartment/Aux Living Unit, Home Theater, Granite
  • Kitchen Appliances: Microwave, Built-in Range, Built-in Refrigerator, Cook Island, Dishwasher, Disposal, Gas Appliances, Island, Pantry, Built-in Oven, Granite
  • Legal Description: VIEW CREST HEIGHTS, LOT 8
  • Sq Ft Lower Level: 1680
  • Sq Ft Main Level: 3860
  • Bedrooms: 4
  • Master Bedroom: Features: Deck, Fireplace, Double Closet, Jetted Tub,On Level: Main,Dimensions: 27x20
  • Bedroom 2: On Level: Main,Dimensions: 12x12
  • Bedroom 3: On Level: Main,Dimensions: 14x11
  • Full Bathrooms: 3
  • Partial Bathrooms: 1
  • Basement: Daylight, Finished, Full Basement
  • Dining Room: Features: Formal, Hardwood Floors,On Level: Main,Dimensions: 12x12
  • Family Room: Features: Fireplace, Hardwood Floors,On Level: Main,Dimensions: 25x19
  • Living Room: Features: Formal,On Level: Main,Dimensions: 26x23
  • Kitchen: Features: Deck, Eating Area, Gas Appliances, Gourmet Kitchen,On Level: Main,Dimensions: 20x15
  • Additional Room 1: Description: Office,Features: Built-in Features, Wall to Wall Carpet, Wainscoting,On Level: Main,Dimensions: 14x11
  • Additional Room 2: Description: Sauna,On Level: Lower
  • Additional Room 3: Description: Media Room,Features: Built-in Features, Patio, Wet Bar,On Level: Lower,Dimensions: 14x11
  • Bathrooms Lower Level Full: 1
  • Bathrooms Main Level Full: 2
  • Bathrooms Main Level Partial: 1
  • Total Bathrooms: 4
  • Window Features: Double Pane Windows

Exterior Features

  • Exterior Description: Cement Siding, Cultured Stone
  • Exterior Features: Deck, Fenced, Patio, Sauna, RV/Boat Storage, Guest Quarters, Covered Deck
  • Lot Size: 20K-.99AC
  • Roof Type: Composition
  • View: Mountain(s), Territorial, Trees/Woods
  • Foundation Details: Slab
  • R V Description: RV Parking, RV/Boat Storage
  • View: Yes
  • Additional Structure Supplement: No
  • Road Surface: Paved

Garage/Parking

  • Garage Or Parking Spaces: 5
  • Garage Type: Attached, Oversized, Tandem
  • Parking Description: Driveway, Off Street

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Sewer: Public Sewer
  • Water Description: Public
  • Cooling Description: Central Air
  • Heating Description: Forced Air
  • Internet Service Type: Cable
  • Security: Security Lights, Security System Owned

Condo/Co-op/Association

  • HOA Fees: 100
  • HOA Payment Frequency: Annually

Association/Amenities

  • Amenities Supplement: No

Lot Info

  • Lot Description: Private, Secluded, Trees, Gentle Sloping
  • Acres: 0.88
  • Farm Supplement: No

Green Features

  • Green Energy Supplement: No

Tax Info

  • Tax Amount: 14065.72
  • Assessor Parcel Number: R489346
  • Tax Year: 2019

Multi Family

  • Non Owner Occ Supplement: No

MLS Schools

  • Elementary School: West Gresham
  • High School: Gresham
  • Middle School: Dexter McCarty

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 23, 2020
Closed on
Jan 20, 2021
Sold by
Bought by
Seller's Agent
Jason Mendell
eXp Realty, LLC
Buyer's Agent
Gretchen Spring
RE/MAX Equity Group
List Price
$875,000
Sold Price
$830,000
Premium/Discount to List
-$45,000
-5.14%
Current Estimated Value
$1,158,664

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$328,664
Avg. Annual Appreciation
6.21%
Original Mortgage
$548,250
Interest Rate
0.0271%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$418,800
Interest Rate
0.0312%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$830,000 Lawyers Title Of Oregon Llc
$221,400 Transnation Title Agency Or
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $548,250
Previous Owner $418,800
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/22/2021 01/22/21 Sold $830,000 -5.1% $150 / Sq Ft
12/23/2020 12/23/20 Pending -- -- --
12/23/2020 12/23/20 For Sale $875,000 -- $158 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
Source: Public Records

Agents Affiliated with this Home

  • Jason Mendell

    Seller's Agent in 2021

    Jason Mendell

    eXp Realty, LLC

    (503) 349-4711

    68 Total Sales

    Jason Mendell
    Section Image
  • Gretchen Spring

    Buyer's Agent in 2021

    Gretchen Spring

    RE/MAX

    (503) 964-7994

    1 in this area

    116 Total Sales

    Gretchen Spring
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20349696

Regional Multiple Listing Service (RMLS)

APN: R489346

Oregon Multnomah County Gresham 97080 Gresham Butte

1587 SW Walters Loop, Gresham, OR

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Regional Multiple Listing Service (RMLS) 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 © 2026 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.

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