Pending

$1,395,000

1540 SE Morgan Rd, Hillsboro, OR 97123

3beds

1,720sqft

Est.:

Residential, Single Family Residence

Built in 1968

8.74 Acres Lot

$-- Zestimate^®

$811/sqft

$-- HOA

What's special

Fenced pastureFresh paintWonderful single-level floor planNewer carpetStunning woodwork

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.

297 days

64

0

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2
Main level bathrooms: 2

Rooms

Room types: Utility Room, Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom

Primary bedroom

Level: Main
Area: 168
Dimensions: 14 x 12

Bedroom 2

Level: Main
Area: 120
Dimensions: 12 x 10

Bedroom 3

Level: Main
Area: 100
Dimensions: 10 x 10

Dining room

Level: Main
Area: 110
Dimensions: 11 x 10

Family room

Features: Fireplace
Level: Main
Area: 240
Dimensions: 16 x 15

Kitchen

Level: Main
Area: 154
Width: 11

Living room

Level: Main
Area: 252
Dimensions: 18 x 14

Heating

Forced Air, Fireplace(s)

Cooling

Central Air

Appliances

Included: Dishwasher, Free-Standing Range, Electric Water Heater
Laundry: Laundry Room

Features

Bathroom
Windows: Double Pane Windows, Vinyl Frames
Basement: Crawl Space
Number of fireplaces: 1
Fireplace features: Insert, Wood Burning

Interior area

Total structure area: 1,720
Total interior livable area: 1,720 sqft

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 2
Parking features: Attached, Oversized
Attached garage spaces: 2

Accessibility

Accessibility features: Garage On Main, Main Floor Bedroom Bath, Accessibility

Features

Stories: 1

Lot

Size: 8.74 Acres
Features: Acres 7 to 10

Details

Additional structures: Barn
Parcel number: R334702
Zoning: EFU

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Residential, Single Family Residence

Materials

Aluminum Siding
Foundation: Concrete Perimeter
Roof: Composition

Condition

Resale
New construction: No
Year built: 1968

Utilities & green energy

Gas: Gas
Sewer: Standard Septic
Water: Public, Well
Utilities for property: Cable Connected

Community & HOA

HOA

Has HOA: No

Location

Region: Hillsboro

Financial & listing details

Price per square foot: $811/sqft
Tax assessed value: $360,610
Annual tax amount: $3,258
Date on market: 6/10/2025
Cumulative days on market: 298 days
Listing terms: Cash,Conventional,VA Loan
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
1/29/2026	Pending sale	$1,395,000$811/sqft
Source: RMLS (OR) #118907350 Report a problem
9/24/2025	Price change	$1,395,000-7%$811/sqft
Source: RMLS (OR) #118907350 Report a problem
6/10/2025	Listed for sale	$1,500,000$872/sqft
Source: RMLS (OR) #118907350 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,258 +1.3%	$255,240 +3%
2024	$3,217 +2.9%	$247,810 +3%
2023	$3,127 +2.6%	$240,600 +3%
2022	$3,047 +1.8%	$233,600
2021	$2,993 +2.1%	--
2020	$2,931 +3.9%	$220,200 +3%
2019	$2,822 +3.3%	$213,800 +0.2%
2018	$2,732	$213,470 +5.9%
2017	$2,732 +9.5%	$201,540 +3%
2016	$2,495	$195,660 +3%
2015	$2,495 +4.5%	$189,970 +3%
2014	$2,387	$184,450