505 OAK Street N, Unit 501, Fargo, ND 58102
2 Beds | 2 Baths | 1,834 Sq Ft | Condo | MLS# 6631475
Price Drop on M Markdowns — was $645,000 (↓ $46,000)
$4,769/month Estimated
- Principal & interest
- $3,029
- Property taxes
- $928
- Home insurance (est.)
- $349
- Special assessments
- $20
- HOA dues
- $443/mo
20% down ($119,800) · 30-yr fixed, 6.5% · Can I afford this home?
Includes special assessments — the FM-metro cost most portals leave out. Estimates only; confirm before you offer.
New Construction
Located in Oak Grove 2nd Addition, Fargo, ND.
About This Home
Unparalleled luxury awaits at these upscale condos located in the historic Oak Grove neighborhood. Radiant Homes completed this fully finished 1834 sq ft, 2 Bedroom / 2 Bathroom unit. This gorgeous condo features high-end finishes, a huge kitchen island, an outdoor balcony with stunning views and more! There is a private lobby and clubroom, 2 heated underground parking spots per unit, private elevator, one storage unit per condo, fitness center, rooftop patio, conference room and much more! Ask about the potential cost savings of utilizing the Renaissance Zone Tax Credits.
BuyPulse · Live market read
How 505 OAK Street N Compares to the Fargo Market
At $327/sqft, this home is priced $34/sqft below the typical Fargo new-construction condo of $361/sqft.
The median list price in Fargo is $379,000.
Verdict: Strong Value
Your negotiating position
52 Balanced market
Seller's market · Balanced · Buyer leverage
Day 42 — Fargo homes overall typically go under contract by day ~72, so this one is early in its window.
14 similar homes for sale — alternatives if they won't move.
This builder already cut $46,000 — rare for new construction.
New build — builders rarely cut price. Your leverage is upgrades, rate buydowns, and closing costs.
Homes like this one — new-construction condos between $449K and $749K in Fargo:
- The field: 14 similar Fargo homes for sale — you have options.
- Price cuts: 7 of 14 similar homes have trimmed asking — median trim $81,360. This one already cut $46,000 — rare for a builder.
- Too few have sold recently to chart how fast they go or how they close — BuyPulse won't estimate those off a thin sample.
Powered by the Realgorithm™ — real Fargo closings, zero guesses · NorthstarMLS
Key Features
- Unit
- 501
- Built
- 2021
- Garage
- 2-Car
- Style
- One
- HOA
- $443/Monthly
- HOA Includes
- Lawn Care, Maintenance Grounds, Shared Amenities, Snow Removal
- Annual Taxes
- $11,136 (2025)
- Specials/yr
- $242
- School District
- Fargo Public Schools
- Assigned Elementary School
- Madison Roosevelt Elementary School
- Assigned Middle School
- Ben Franklin Middle School
- Assigned High School
- North High School
Property Details
- Property Type
- (CC) High Rise (4+ Levels)
- Above Grade Sq Ft
- 1,834
- Lot Size
- 1,749 sqft
- Basement
- Yes
- Roof
- Flat
- County
- Cass
- List Date
- 2026-09-09
- Days on Market
- 42 days
- Parcel ID
- 01876600200501
Financial
- Total Tax incl. Assessments
- $11,378
- Specials Pending
- No
- HOA Name
- RPS
Home Systems & Utilities
- Heating
- Forced Air
- Cooling
- Central Air
- Water
- City Water/Connected
- Sewer
- City Sewer/Connected
Interior Features
- Laundry
- Main Level
- Fireplace
- Yes
Construction & Exterior
Construction & Structure
- New Construction
- Yes
- Foundation Type
- Other
- Foundation Area
- 1,834 sqft
- Total Building Area
- 1,834 sqft
Exterior Features
- Exterior Features
- Stone, Metal
- View
- River
- Accessibility Features
- Accessible Elevator Installed
Parking & Garage
- Parking Features
- Underground
Lot & Land
- Lot Features
- Corner Lot
- Topography
- Wooded
- Zoning Description
- Residential-Single Family
Agent & Office
- List Office
- RE/MAX Legacy Realty
Price History
Reduced $46,000 (7.1%)
- Price reduced to $645,000 — Jun 18, 2026
- Price reduced to $599,000 — Sep 3, 2026
505 OAK Street N, Unit 501 is listed in Fargo, ND, part of Cass County. Browse all North Dakota homes for sale on Modern Market REALTORS®.
Showing — 505 OAK Street N, Unit 501
Associate Broker · Modern Market REALTORS®
Your Fargo real estate expert since 2012 — I represent you, not the seller. Quick to respond, easy to text.
Listed by RE/MAX Legacy Realty · Shown by Modern Market REALTORS®
Buying a home in Fargo? — dedicated buyer representation from pre-approval through closing.
View Full Listing & PhotosMLS# 6631475 · Updated September 17, 2026
Similar Homes for Sale Near 505 OAK Street N, Fargo, ND
- 4470 24th Avenue S, Unit 703 — $496,000 · 2 bed · 2 bath
- 385 7th Avenue S, Unit 104 — $495,000 · 3 bed · 2 bath
- 6749 30th Street S — $489,900 · 3 bed · 3 bath
- 1504 75th Avenue S — $485,000 · 3 bed · 2 bath
- 502 8th Street S, Unit 2 — $479,900 · 3 bed · 4 bath
- 502 8th Street S, Unit 4 — $479,900 · 3 bed · 4 bath
Frequently Asked Questions About 505 OAK Street N, Unit 501
- What schools is 505 OAK Street N zoned to?
- 505 OAK Street N is zoned to Madison Roosevelt Elementary School (elementary), Ben Franklin Middle School (middle school), and North High School (high school). Attendance boundaries change — confirm your exact address with the district before you rely on it.
- Is $599,000 a good price for a home in Fargo?
- According to BuyPulse, 505 OAK Street N rates Strong Value — at $327/sqft it's priced 9% below the typical Fargo new-construction condo of $361/sqft. Its negotiating-position score is 52/100 (Balanced market), weighed on days on market, comparable inventory, and how Fargo homes are closing versus list. Powered by the Realgorithm™. Browse Fargo homes for sale to compare.
- What are the special assessments at 505 OAK Street N — and what do they mean?
- This property has $242/yr in annual special assessments, with no specials pending. Special assessments are separate from property taxes — they are charges levied by the city for infrastructure improvements like streets, water, sewer, and sidewalks. Special assessments are common in newer North Dakota developments and typically run 5 to 25 years. Annual property taxes are $11,136/yr. Always factor both into your total monthly housing cost before making an offer.
What special assessments cost in Fargo — live figures on every home for sale.
- Does 505 OAK Street N have a basement?
- Yes, 505 OAK Street N has a basement.
- Does 505 OAK Street N have an HOA?
- Yes, 505 OAK Street N has a homeowners association with dues of $443 monthly. HOA includes: Lawn Care, Maintenance Grounds, Shared Amenities, Snow Removal.
- What type of heating and cooling does 505 OAK Street N have?
- 505 OAK Street N has Forced Air heating and Central Air cooling.
- Where is 505 OAK Street N located?
- 505 OAK Street N is in the Oak Grove neighborhood of Fargo, ND 58102, in Cass County. It's in the Fargo Public Schools.
- Is 505 OAK Street N still available?
- Yes — 505 OAK Street N is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 505 OAK Street N built?
- 505 OAK Street N was built in 2021 by Enclave Development & Construction. It features a flat roof and a other foundation. See more homes by Enclave Development & Construction →
- Does 505 OAK Street N have main-floor laundry?
- Yes — the laundry at 505 OAK Street N is on the main level.
- What utilities serve 505 OAK Street N?
- Electric and gas at 505 OAK Street N are provided by Xcel Energy and Cass County Electric Cooperative. Water, sewer, and garbage are handled by City of Fargo Utilities. Internet options include Midco, Sparklight, CenturyLink and 702 Communications. Full Fargo utility setup guide — phone numbers and move-in timeline →
- Is 505 OAK Street N near a golf course?
- Yes — El Zagal Par 3 Golf Course (public course) is about 0.9 miles from 505 OAK Street N. It's the closest golf course in the Fargo-Moorhead metro.
- How walkable is 505 OAK Street N?
- 505 OAK Street N has a Walk Score of 55/100 (Somewhat Walkable), a Bike Score of 75/100 (Very Bikeable) and a Transit Score of 37/100 (Minimal Transit). Scores provided by Walk Score® →
- How many homes like 505 OAK Street N are for sale in Fargo?
- 14 similar homes (new-construction condos between $449K and $749K in Fargo) are for sale right now — you have options.
- What does "M Markdowns" mean?
- M Markdowns™ is Modern Market REALTORS®’ real estate tracker of homes for sale with verified MLS price reductions across the Fargo-Moorhead metro and Minnesota lake country. Every reduction is sourced directly from NorthstarMLS — minimum $2,000 drop to filter noise.
- What does "BuyPulse" mean?
- BuyPulse™ is Modern Market REALTORS®’ live market-data brand for Fargo-Moorhead: cohort statistics — homes for sale, median days to pending, and share of sales closing at or over list price — computed from real NorthstarMLS closings, not estimates.
- What does "Realgorithm™" mean?
- The Realgorithm™ is Modern Market REALTORS®’ proprietary market-data engine — it computes every BuyPulse verdict from real NorthstarMLS closings (comparable active inventory, median days to pending, and sale-to-list price ratio) rather than an automated online estimate.
Local Companies to Help You Settle In
From inspection to closing to moving day, here are well-known local companies serving the Fargo area.
Listings courtesy of NorthstarMLS as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 10/21/2026, 6:27 PM CDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.