Seller's Agent in 2025
Kevin Smallbeck
RE/MAX
(503) 351-4989
2 in this area
156 Total Sales
340 SW 37th Terrace Gresham, OR 97080
Gresham Butte Neighborhood
3
Beds
2.5
Baths
2,411
Sq Ft
6,969
Sq Ft Lot
Highlights
- RV Access or Parking
- Vaulted Ceiling
- Separate Formal Living Room
- Contemporary Architecture
- 2 Fireplaces
- Private Yard
About This Home
As of May 2025Nestled in the picturesque Fairway Heights Neighborhood, this stunning 1996 traditional style home is a true showstopper! Perched in the hills above Gresham, this beautifully maintained and updated gem boasts a unique blend of elegance and functionality that sets it apart from the rest.As you step inside, you'll be greeted by the formal living room, perfect for hosting dinner parties or special occasions. But that's not all - this incredible home also features a great room and a sprawling, vaulted ceiling family room with a view of the custom-designed patio. This versatile space can even be used as a fourth bedroom, offering endless possibilities for relaxation and entertainment.The updated kitchen is a culinary dream, complete with a cozy coffee nook and breakfast nook that flows seamlessly into the great room. The warmth and ambiance of the pellet stove in the great room creates the perfect spot to gather with loved ones on chilly evenings.The primary suite is a serene retreat, tucked away upstairs and filled with natural light. The large walk-in closet and beautifully appointed bathroom with a stunning soaking tub are the epitome of relaxation and pampering.But the real magic happens outdoors, where the custom-designed patio and gazebo create an idyllic setting for alfresco dining, grilling, and large gatherings. The expansive outdoor space is truly an extension of the home, offering a serene and charming ambiance that's perfect for making memories with family and friends.And let's not forget about the practical perks - a huge 3-car garage and RV/boat parking provide ample space for all your toys and vehicles. This one-of-a-kind home is a rare find, offering the perfect blend of luxury, comfort, and functionality. Don't miss out on the chance to make it yours!
Last Agent to Sell the Property
RE/MAX Equity Group License #981000145 Listed on: 03/19/2025
Last Buyer's Agent
Elizabeth Ashenafe, GRI, ABR, CDPE,
Premiere Property Group, LLC License #200403109
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,716
Year Built
- Built in 1996
Lot Details
- 6,969 Sq Ft Lot
- Fenced
- Level Lot
- Private Yard
- Garden
Parking
- 3 Car Attached Garage
- Garage Door Opener
- RV Access or Parking
Home Design
- Contemporary Architecture
- Traditional Architecture
- Composition Roof
- Lap Siding
- Cement Siding
- Concrete Perimeter Foundation
Interior Spaces
- 2,411 Sq Ft Home
- 2-Story Property
- Vaulted Ceiling
- 2 Fireplaces
- Double Pane Windows
- Vinyl Clad Windows
- French Doors
- Family Room
- Separate Formal Living Room
- Dining Room
- Utility Room
- Laundry Room
- Crawl Space
Kitchen
- Microwave
- Dishwasher
- Disposal
Flooring
- Wall to Wall Carpet
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
Outdoor Features
- Patio
- Gazebo
Schools
- Hogan Cedars Elementary School
- Dexter Mccarty Middle School
- Gresham High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Pellet Stove burns compressed wood to generate heat
- Gas Water Heater
- High Speed Internet
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number R161539
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 19, 2025
Closed on
May 2, 2025
Sold by
Hannah Tadele
Bought by
Hannah Tadele and Hawi Kocho Hawi
Seller's Agent
Kevin Smallbeck
RE/MAX Equity Group
Buyer's Agent
Elizabeth Ashenafe, GRI, ABR, CDPE,
Premiere Property Group, LLC
List Price
$629,995
Sold Price
$615,000
Premium/Discount to List
-$14,995
-2.38%
Views
45
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
-$4,802
Avg. Annual Appreciation
-1.73%
Original Mortgage
$554,552
Outstanding Balance
$552,596
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$57,602
Purchase Details
Listed on
Mar 19, 2025
Closed on
Apr 30, 2025
Sold by
Miller Marie and Miller Michael A
Bought by
Tadele Hannah
Seller's Agent
Kevin Smallbeck
RE/MAX Equity Group
Buyer's Agent
Elizabeth Ashenafe, GRI, ABR, CDPE,
Premiere Property Group, LLC
List Price
$629,995
Sold Price
$615,000
Premium/Discount to List
-$14,995
-2.38%
Views
45
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$554,552
Outstanding Balance
$552,596
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$57,602
Purchase Details
Closed on
Feb 24, 2017
Sold by
Erickson Kenneth
Bought by
Miller Marie and Miller Michael A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
4.12%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 29, 2014
Sold by
Burns Jason E
Bought by
Erickson Kenneth W and Erickson Lisa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,150
Interest Rate
4.13%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 27, 2012
Sold by
Shanks Todd M
Bought by
Burns Jason E and Burns Alicia J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,231
Interest Rate
3.85%
Mortgage Type
FHA
Purchase Details
Closed on
Mar 19, 1997
Sold by
Caba Construction Inc
Bought by
Shanks Todd M and Shanks Christine M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
7.74%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 15, 1996
Sold by
Persimmon Heights Ltd
Bought by
Caba Construction Inc
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | -- | Lawyers Title | |
| Warranty Deed | $615,000 | Lawyers Title | |
| Warranty Deed | $390,000 | Wfg Title | |
| Warranty Deed | $313,500 | First American | |
| Special Warranty Deed | $267,000 | Fidelity Natl Title Co Of Or | |
| Warranty Deed | $189,500 | Oregon Title Insurance Co | |
| Warranty Deed | $45,950 | Stewart Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $554,552 | New Conventional | |
| Previous Owner | $340,000 | New Conventional | |
| Previous Owner | $282,150 | New Conventional | |
| Previous Owner | $260,231 | FHA | |
| Previous Owner | $170,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/02/2025 05/02/25 | Sold | $615,000 | 0.0% | $255 / Sq Ft |
| 03/30/2025 03/30/25 | Pending | -- | -- | -- |
| 03/28/2025 03/28/25 | Price Changed | $614,995 | -2.4% | $255 / Sq Ft |
| 03/19/2025 03/19/25 | For Sale | $629,995 | -- | $261 / Sq Ft |
Source: Regional Multiple Listing Service (RMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $6,716 | $334,750 | -- | -- |
| 2023 | $6,716 | $325,000 | $0 | $0 |
| 2022 | $5,948 | $315,540 | $0 | $0 |
| 2021 | $5,798 | $306,350 | $0 | $0 |
| 2020 | $5,455 | $297,430 | $0 | $0 |
| 2019 | $5,313 | $288,770 | $0 | $0 |
| 2018 | $5,065 | $280,360 | $0 | $0 |
| 2017 | $4,860 | $272,200 | $0 | $0 |
| 2016 | $4,285 | $264,280 | $0 | $0 |
| 2015 | $4,193 | $256,590 | $0 | $0 |
| 2014 | $3,979 | $249,120 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Kevin Smallbeck
-
Michael Shelangoski
Seller Co-Listing Agent in 2025
Michael Shelangoski
RE/MAX
(503) 330-5353
2 in this area
144 Total Sales
-
Elizabeth Ashenafe, GRI, ABR, CDPE,
Buyer's Agent in 2025
Elizabeth Ashenafe, GRI, ABR, CDPE,
Premiere Property Group, LLC
(503) 260-5598
2 in this area
245 Total Sales
Map
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 254835223
APN: R161539
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.
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