1540 SE Morgan Rd Hillsboro, OR 97123
Estimated payment $8,189/month
Highlights
- Barn
- 2 Car Attached Garage
- Double Pane Windows
- No HOA
- Oversized Parking
- Living Room
About This Home
This beautiful, level 8.74 acres of land borders the Urban Growth Boundary on the south side of Hillsboro and includes a classic 1960s ranch home with stunning woodwork and a wonderful single-level floor plan. The home has newer carpet, fresh paint, and a huge yard with mature landscaping. This unique opportunity offers over 8 acres of flat, usable land currently being farmed with approval via Measure 49 for two additional building lots. You can enjoy the rural lifestyle with fenced pasture and 2 outbuildings including a shop and barn, add two additional homesites, and see what happens with the urban growth boundary in the future.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,217
Year Built
- Built in 1968
Lot Details
- 8.74 Acre Lot
- Property is zoned EFU
Parking
- 2 Car Attached Garage
- Oversized Parking
- Garage on Main Level
- Workshop in Garage
Home Design
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 1,720 Sq Ft Home
- 1-Story Property
- Wood Burning Fireplace
- Self Contained Fireplace Unit Or Insert
- Double Pane Windows
- Vinyl Clad Windows
- Family Room
- Living Room
- Dining Room
- Utility Room
- Laundry Room
- Crawl Space
Kitchen
- Free-Standing Range
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Schools
- Minter Bridge Elementary School
- South Meadows Middle School
- Hillsboro High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Well
- Electric Water Heater
- Septic Tank
- High Speed Internet
Additional Features
- Accessibility Features
- Barn
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number R334702
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $3,217 | $254,840 | -- | -- |
| 2024 | $3,127 | $247,810 | -- | -- |
| 2023 | $3,127 | $240,230 | $0 | $0 |
| 2022 | $3,047 | $240,230 | $0 | $0 |
| 2021 | $2,993 | $226,800 | $0 | $0 |
| 2020 | $2,931 | $220,200 | $0 | $0 |
| 2019 | $2,822 | $213,800 | $0 | $0 |
| 2018 | $2,732 | $207,580 | $0 | $0 |
| 2017 | $2,639 | $201,540 | $0 | $0 |
| 2016 | $2,495 | $195,660 | $0 | $0 |
| 2015 | $2,387 | $189,970 | $0 | $0 |
| 2014 | $2,379 | $184,450 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/10/2025 06/10/25 | For Sale | $1,500,000 | -- | $872 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available |
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 118907350
APN: R0334702
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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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