Tim Sellers
Responds Quickly
Berkshire Hathaway HomeServices NW Real Estate
(503) 461-7463
69 Total Sales
1 in Downtown Gresham
$375,000 Price
240 NE 5th St Gresham, OR 97030
Downtown Gresham NeighborhoodEstimated Value: $402,266
3
Beds
3
Baths
1,746
Sq Ft
$230/Sq Ft
Est. Value
Highlights
- City View
- Main Floor Primary Bedroom
- 2 Fireplaces
- Vaulted Ceiling
- Hydromassage or Jetted Bathtub
- Quartz Countertops
About This Home
As of November 2025**MOTIVATED SELLERS!** Experience upscale living in the heart of Historic Downtown Gresham! This beautifully maintained townhome offers a spacious and inviting layout and features a large living area with a cozy gas fireplace and a chef-inspired kitchen complete with newer appliances, under-cabinet lighting, and a breakfast bar. Enjoy three full bathrooms, and a vaulted primary suite with its own fireplace, walk-in closet, loft space, and private covered balcony. The main level includes a versatile office/den that can function as a third bedroom. Step out onto the oversized deck—perfect that is already plumbed for gas and great for entertaining. Additional highlights includes a 2-car garage with 50 amp 220 volt circuit, easy conversion for electric car charger, central vacuum plumbing, and abundant storage throughout. All of this just one block from the vibrant Gresham Arts Plaza, offering a weekend farmers market, splash pad, and open green space that is perfect for relaxing or gathering with the community.
Last Agent to Sell the Property
William Grzebyk
Redfin License #201214217 Listed on: 04/16/2025
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $5,937
Year Built
- Built in 1996 | Remodeled
Lot Details
- 2,613
HOA Fees
- $419 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Garage on Main Level
- On-Street Parking
Home Design
- Composition Roof
- Wood Siding
- Stone Siding
- Concrete Perimeter Foundation
Interior Spaces
- 1,746 Sq Ft Home
- 2-Story Property
- Plumbed for Central Vacuum
- Built-In Features
- Vaulted Ceiling
- Ceiling Fan
- 2 Fireplaces
- Gas Fireplace
- Vinyl Clad Windows
- French Doors
- Family Room
- Living Room
- Dining Room
- Utility Room
- Laundry Room
- City Views
Kitchen
- Free-Standing Range
- Microwave
- Dishwasher
- Quartz Countertops
Flooring
- Wall to Wall Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
- Hydromassage or Jetted Bathtub
- Walk-in Shower
Schools
- East Gresham 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
- Patio
- 2,613 Sq Ft Lot
Listing and Financial Details
- Assessor Parcel Number R230543
Community Details
Overview
- Central City Subdivision
- On-Site Maintenance
Additional Features
- Common Area
- Resident Manager or Management On Site
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
Apr 16, 2025
Closed on
Sep 29, 2025
Sold by
Bought by
Seller's Agent
William Grzebyk
Redfin
Buyer's Agent
Gene Farr
Premiere Property Group LLC
List Price
$400,000
Sold Price
$375,000
Premium/Discount to List
-$25,000
-6.25%
Views
149
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,266
Avg. Annual Appreciation
9.95%
Original Mortgage
$562,500
Outstanding Balance
$562,346
Interest Rate
6.25%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Estimated Equity
-$160,080
Purchase Details
Listed on
Aug 20, 2021
Closed on
Nov 22, 2021
Sold by
Bought by
Seller's Agent
Kyle Ball
Premiere Property Group, LLC
Buyer's Agent
Estela Neal
eXp Realty, LLC
List Price
$415,000
Sold Price
$399,900
Premium/Discount to List
-$15,100
-3.64%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.61%
Purchase Details
Closed on
Jul 26, 2007
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
$220,000
Interest Rate
6.66%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Jun 28, 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
$90,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 24, 1997
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Downtown Gresham, OR
-
Tim Sellers
-
Bill Bailey
Bill Bailey
RE/MAX Advantage Group
(503) 546-1532
158 Total Sales
1 in Downtown Gresham
$407,000 Price
-
Diana Ferguson
Diana Ferguson
Keller Williams Realty Portland Elite
(971) 252-7648
171 Total Sales
1 in Downtown Gresham
$335,000 Price
-
Heather Mansy
Heather Mansy
eXp Realty
(360) 230-6847
61 Total Sales
1 in Downtown Gresham
$850,000 Price
-
Wakjira Alamu
Wakjira Alamu
Keller Williams Realty Portland Elite
(888) 604-9963
26 Total Sales
1 in Downtown Gresham
$380,000 Price
-
Merilee Lloyd
Merilee Lloyd
Gold Star Properties, LLC
(971) 340-2631
51 Total Sales
1 in Downtown Gresham
$310,000 Price
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 |
|---|---|---|---|
| $375,000 | First American Title | ||
| $399,900 | Ticor Title | ||
| $280,000 | First American Title Insuran | ||
| $220,000 | Lawyers Title Ins | ||
| $205,901 | Fidelity National Title Co |
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 | $562,500 | ||
| Previous Owner | $25,000 | ||
| Previous Owner | $220,000 | ||
| Previous Owner | $90,000 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 11/04/2025 11/04/25 | Sold | $375,000 | -3.8% | $215 / Sq Ft | |
| 09/28/2025 09/28/25 | Pending | -- | -- | -- | |
| 04/29/2025 04/29/25 | Price Changed | $390,000 | -2.5% | $223 / Sq Ft | |
| 04/16/2025 04/16/25 | For Sale | $400,000 | 0.0% | $229 / Sq Ft | |
| 11/22/2021 11/22/21 | Sold | $399,900 | 0.0% | $229 / Sq Ft | View Prior Sale |
| 11/03/2021 11/03/21 | Pending | -- | -- | -- | |
| 10/16/2021 10/16/21 | Price Changed | $399,900 | -2.4% | $229 / Sq Ft | |
| 10/08/2021 10/08/21 | Price Changed | $409,900 | -1.2% | $235 / Sq Ft | |
| 09/24/2021 09/24/21 | Price Changed | $414,900 | 0.0% | $238 / Sq Ft | |
| 09/07/2021 09/07/21 | For Sale | $415,000 | 0.0% | $238 / Sq Ft | |
| 08/23/2021 08/23/21 | Pending | -- | -- | -- | |
| 08/20/2021 08/20/21 | For Sale | $415,000 | -- | $238 / 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 | $6,202 | $304,790 | ||
| 2024 | $5,937 | $295,920 | ||
| 2023 | $5,937 | $287,310 | ||
| 2022 | $5,258 | $278,950 | $0 | $0 |
| 2021 | $5,126 | $270,830 | $0 | $0 |
| 2020 | $4,823 | $262,950 | $0 | $0 |
| 2019 | $4,697 | $255,300 | $0 | $0 |
| 2018 | $4,478 | $247,870 | $0 | $0 |
| 2017 | $4,297 | $240,660 | $0 | $0 |
| 2016 | $3,789 | $233,660 | $0 | $0 |
| 2015 | $3,707 | $226,860 | $0 | $0 |
| 2014 | $3,617 | $220,260 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
William Grzebyk
W
Seller's Agent in 2025
William Grzebyk
Redfin
-
Gene Farr
Buyer's Agent in 2025
Gene Farr
Premiere Property Group LLC
(503) 896-4959
1 in this area
101 Total Sales
-
Kyle Ball
Seller's Agent in 2021
Kyle Ball
Premiere Property Group, LLC
(503) 750-1420
2 in this area
57 Total Sales
-
Estela Neal
Buyer's Agent in 2021
Estela Neal
eXp Realty, LLC
(815) 545-4676
1 in this area
24 Total Sales
Map
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 182574060
APN: R230543
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 © 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.
Nearby Homes
- 318 NE Roberts Ave Unit 308
- 318 NE Roberts Ave Unit 203
- 318 NE Roberts Ave Unit 204
- 0 NE 5th St
- 835 N Main Ave
- 1410 E Powell Blvd
- 494 NE Cleveland Ave
- 1166 NE 5th St
- 493 NE Liberty Ave
- 518 SE Roberts Ave
- 1175 SE 2nd St
- 300 SE Morlan Ave
- 370 SW 4th St
- 280 SE Evelyn Ave
- 629 SE Roberts Ave
- 55 NW Sleret Ave
- 931 SE 5th St
- 895 NW 3rd St
- 20 NW Wilson Ave
- 850 W Powell Blvd Unit 860
- 220 NE 5th St
- 230 NE 5th St
- 200 NE 5th St
- 250 NE 5th St
- 260 NE 5th St
- 215 NE 4th St
- 225 NE 4th St
- 235 NE 4th St
- 205 NE 4th St
- 245 NE 4th St
- 270 NE 5th St
- 255 NE 4 St Assmp
- 255 NE 4th St
- 280 NE 5th St
- 265 NE 4th St
- 290 NE 5th St
- 275 NE 4th St
- 285 NE 4th St
- 510 NE Roberts Ave
- 510 NE Roberts Ave Unit 100
Your Personal Tour Guide
Ask me questions while you tour the home.