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Eastmoreland


Eastmoreland is one of Portland’s most coveted neighborhoods for its beautiful traditional homes and burgeoning social scene. It borders the neighborhoods of Reed, Sellwood and Woodstock, and is recognizable in large part by the canopy of trees lining its streets, and its residents’ gorgeous front lawns and sprawling homes. Perfect for families, nature lovers, or anybody looking for a quiet, but active community a short commute from Portland’s City Center, Eastmoreland will only continue to grow in popularity and desirability in the coming years!

 

VIBE AND STYLE

Some residents of the area say the Colonial and Tudor homes in Eastmoreland lend the area an East Coast vibe, but the community is pure Portland. Local printing press Timber Press offers a guide to walking tours of historical homes in Eastmoreland and Sellwood, to familiarize visitors or residents with their arboreal neighbors. As of 2006, the Springwater Corridor links Eastmoreland with other major parks in Portland, making it a beautiful and exhilarating part of the city’s bike culture.

 

LOCAL SCENE

The proximity of Eastmoreland to Reed College means that fortunate residents of this neighborhood have access to world-renowned poets, speakers, authors, and musicians when they appear at the College. Every summer, Reed hosts the Chamber Music Northwest festival, which draws musicians from around the globe.Yearly neighborhood garage sales and neighborhood cleanups are also a few of the events put on by the local Neighborhood Association, which keeps residents connected and invested in this gorgeous, historical part of Portland.

 

OUTDOOR SANCTUARY

Greenery is incredibly prevalent, either on the campus of small liberal arts college Reed, or in Berkeley Park or the stunning Crystal Springs Rhododendron Garden, which houses more than 2,500 different flowers that blooms from March to Labor Day. The Eastmoreland Golf Course, opened in 1917, was Portland’s first public golf course, designed by golf champion Chandler Egan.



Private mortgage insurance is an insurance policy that a residential mortgage lender requires of the borrower if the loan-to-value (LTV) ratio of the home is greater than 80%. Mortgage insurance protects the lender from the risk that the borrower may default on the loan. Federal law requires lenders to notify borrowers when the loan-to-value ratio drops below 80%. Mortgage insurance premiums vary, but generally range from $1,000 to $5,000 a year for an average priced home.

Assessments are monthly fees such as Home Owners Association(HOA) Fees etc... Results received from this calculator are designed for comparative purposes only, and accuracy is not guaranteed.

Information deemed reliable but subject to change without notice. Qualified buyers only, subject to credit approval. This is not a commitment to lend. Consumer Loan License NMLS-3240, CL-3240.


In association with our #1 preferred local lender, Directors Mortgage, Hasson Company, Realtors® is able to provide a full spectrum of financial services, from online pre-approval to offering a guiding hand throughout the entire home buying process.


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