5 SE 48th Terrace Gresham, OR 97080
Gresham Butte NeighborhoodEstimated payment $3,132/month
Highlights
- Craftsman Architecture
- Seasonal View
- Corner Lot
- Deck
- Vaulted Ceiling
- Quartz Countertops
About This Home
This move-in ready 3-bedroom home blends comfort, functionality, and welcoming living spaces. The main floor is designed with an open-concept layout that feels bright and welcoming thanks to abundant natural light and vaulted/high ceilings. It’s an ideal setup for both everyday living and entertaining guests. The vaulted living area gives an airy and inviting first impression and flows seamlessly into the kitchen and dining space. The kitchen serves as the heart of the home, featuring quartz countertops, an island for gathering or meal prep, and stainless-steel appliances. Just off the kitchen and dining area is a cozy family room with plush carpeting and a wood-burning fireplace, creating a warm and comfortable space to relax. Step outside from the dining room into the fully fenced backyard — perfect for outdoor dining, gardening, or weekend gatherings. The yard also includes a shed for additional storage space. Also located on the main floor is a half bath and the laundry closet. Upstairs, you’ll find two bedrooms and a hall bathroom. At the end of the upstairs hallway is the spacious owner’s suite, offering a peaceful retreat with a walk-in closet and natural light. The ensuite bathroom adds a touch of luxury with double sinks and a soaking tub ideal for unwinding at the end of the day. Come take a look and fall in love!
Listing Agent
eXp Realty, LLC Brokerage Phone: 971-409-5903 License #201211832 Listed on: 05/27/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,149
Year Built
- Built in 1999
Lot Details
- 5,662 Sq Ft Lot
- Fenced
- Corner Lot
- Level Lot
- Landscaped with Trees
- Private Yard
- Raised Garden Beds
Parking
- 2 Car Attached Garage
- Garage on Main Level
- Driveway
- On-Street Parking
- Controlled Entrance
Home Design
- Craftsman Architecture
- Slab Foundation
- Composition Roof
- Cement Siding
- Concrete Perimeter Foundation
- Wood Composite
Interior Spaces
- 1,685 Sq Ft Home
- 2-Story Property
- Vaulted Ceiling
- Wood Burning Fireplace
- Double Pane Windows
- Entryway
- Family Room
- Living Room
- Dining Room
- First Floor Utility Room
- Seasonal Views
- Security System Owned
Kitchen
- Free-Standing Range
- Plumbed For Ice Maker
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Quartz Countertops
- Disposal
Flooring
- Wall to Wall Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Soaking Tub
Laundry
- Laundry Room
- Washer and Dryer
Basement
- Crawl Space
- Natural lighting in basement
Accessible Home Design
- Accessibility Features
Outdoor Features
- Deck
- Shed
- Porch
Schools
- Hogan Cedars Elementary School
- Dexter Mccarty Middle School
- Gresham High School
Utilities
- Central Air
- Heating System Uses Gas
- Heat Pump System
- Gas Water Heater
- High Speed Internet
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number R312258
Map
Home Values in the Area
Average Home Value in this Area
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 | $5,149 | $253,020 | -- | -- |
| 2024 | $4,929 | $245,660 | -- | -- |
| 2023 | $4,929 | $238,510 | -- | -- |
| 2022 | $4,365 | $231,570 | $0 | $0 |
| 2021 | $4,255 | $224,830 | $0 | $0 |
| 2020 | $4,004 | $218,290 | $0 | $0 |
| 2019 | $3,899 | $211,940 | $0 | $0 |
| 2018 | $3,718 | $205,770 | $0 | $0 |
| 2017 | $3,567 | $199,780 | $0 | $0 |
| 2016 | $3,145 | $193,970 | $0 | $0 |
| 2015 | $3,077 | $188,330 | $0 | $0 |
| 2014 | $3,002 | $182,850 | $0 | $0 |
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 |
|---|---|---|---|---|---|
| 05/27/2026 05/27/26 | For Sale | $499,000 | -0.6% | $296 / Sq Ft | |
| 03/13/2024 03/13/24 | Sold | $502,000 | +0.4% | $298 / Sq Ft | View Prior Sale |
| 02/22/2024 02/22/24 | Pending | -- | -- | -- | |
| 02/20/2024 02/20/24 | For Sale | $500,000 | +42.0% | $297 / Sq Ft | |
| 04/06/2018 04/06/18 | Sold | $352,000 | +3.6% | $213 / Sq Ft | View Prior Sale |
| 02/19/2018 02/19/18 | Pending | -- | -- | -- | |
| 02/14/2018 02/14/18 | For Sale | $339,900 | -- | $206 / Sq Ft |
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $502,000 | Wfg Title | |
| Warranty Deed | $352,000 | First American Title | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | Transnation Title | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | Pacific Nw Title | |
| Warranty Deed | $164,990 | Chicago Title Insurance Co |
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 | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $492,907 | FHA | |
| Previous Owner | $345,624 | FHA | |
| Previous Owner | $175,050 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $176,930 | Purchase Money Mortgage | |
| Previous Owner | $131,950 | Purchase Money Mortgage |
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 112454264
APN: R312258
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.
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