NOT LISTED FOR SALE

40 NE 2nd St Gresham, OR 97030

Downtown Gresham Neighborhood

Estimated Value: $1,014,242

-- Bed
-- Bath
7,200 Sq Ft
$141/Sq Ft Est. Value

About This Home

This home is located at 40 NE 2nd St, Gresham, OR 97030 and is currently estimated at $1,014,242, approximately $140 per square foot. 40 NE 2nd St is a home located in Multnomah County with nearby schools including East Gresham Elementary School, Dexter McCarty Middle School, and Gresham High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 24, 2025
Sold by
Wakema Llc
Bought by
Vrh Llc
Current Estimated Value
$1,014,242

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,040,700
Outstanding Balance
$1,040,700
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
-$142,569

Purchase Details

Closed on
Mar 11, 2004
Sold by
Radyns Ltd
Bought by
Wakema Llc

Purchase Details

Closed on
Jan 2, 2004
Sold by
Kohler Clifford
Bought by
Redyns Ltd

Purchase Details

Closed on
Jan 5, 1996
Sold by
Stone Gordon E and Stone Dorothy J
Bought by
Kohler Clifford and Ohalloran Suzanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
9%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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

Date Buyer Sale Price Title Company
Vrh Llc $1,100,000 Wfg Title
Wakema Llc $341,250 Fidelity National Title Co O
Redyns Ltd -- Fidelity National Title Co O
Kohler Clifford -- Fidelity National Title Co O
Kohler Clifford $325,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vrh Llc $1,040,700
Previous Owner Kohler Clifford $310,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

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 $12,687 $632,320 -- --
2023 $12,687 $613,910 $0 $0
2022 $11,235 $596,030 $0 $0
2021 $10,952 $578,670 $0 $0
2020 $10,305 $561,820 $0 $0
2019 $10,035 $545,460 $0 $0
2018 $9,568 $529,580 $0 $0
2017 $9,180 $514,160 $0 $0
2016 $8,094 $499,190 $0 $0
2015 $7,919 $484,660 $0 $0
Source: Public Records

Map

Oregon Multnomah County Gresham 97030 Downtown Gresham

40 NE 2nd St, Gresham, OR

This home is located at 40 NE 2nd St, Gresham, OR 97030 and is currently estimated at $1,014,242, approximately $140 per square foot. 40 NE 2nd St is a home located in Multnomah County with nearby schools including East Gresham Elementary School, Dexter McCarty Middle School, and Gresham High School.

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