505 OAK Street N, Unit 502, Fargo, ND 58102
3 Beds | 2 Baths | 2,436 Sq Ft | Condo | MLS# 7006563
M Markdowns — Price Reduced — was $1,199,000 (↓ $252,684)
$6,627/month Estimated
- Principal & interest
- $4,785
- Property taxes
- $812
- Home insurance (est.)
- $552
- Special assessments
- $28
- HOA dues
- $450/mo
20% down ($189,263) · 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 Addn, Fargo, ND.
About This Home
Unparalleled luxury awaits at these upscale condos located in the historic Oak Grove neighborhood. This is an unfinished 3 bedroom & list price reflects the unit shell with a fit-up allowance through Radiant Homes, allowing buyers to customize to their wants and needs! There is a private lobby and clubroom, 2 heated underground parking spots per unit, private elevator, dedicated storage unit per condo, fitness center, rooftop patio, and more! Wild Oak features expansive windows that optimize views of Wildflower Grove Park, the Red River, and downtown Fargo. Ask about the potential cost savings of utilizing the Renaissance Zone Tax Credits. Interior Photos are from model unit.
BuyPulse · Live market read
How 505 OAK Street N Compares to the Fargo Market
At $388/sqft, this home is priced $27/sqft above the typical Fargo new-construction condo of $361/sqft.
The median list price in Fargo is $379,000.
Verdict: Fair Market Value
Your negotiating position
78 Strong buyer leverage
Seller's market · Balanced · Buyer leverage
Day 285 — Fargo homes overall typically go under contract by day ~72. This one is past that window.
6 similar homes for sale — alternatives if they won't move.
This builder already cut $252,684 — 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 $710K and $1.2M in Fargo:
- The field: 6 similar Fargo homes for sale — a short list right now.
- Price cuts: 5 of 6 similar homes have trimmed asking — median trim $53,000. This one already cut $252,684 — 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
- 502
- Built
- 2021
- Garage
- 2-Car Attached
- Style
- One
- HOA
- $450/Monthly
- HOA Includes
- Building Exterior, Lawn Care, Maintenance Grounds, Parking, Security System, Snow Removal
- Annual Taxes
- $9,748.51 (2025)
- Specials/yr
- $333
- 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
- 2,436
- Lot Size
- 2.632 acres
- Basement
- Yes
- Roof
- Flat
- County
- Cass
- List Date
- 2026-01-09
- Days on Market
- 285 days
- Parcel ID
- 01876600200502
Financial
- Total Tax incl. Assessments
- $10,082
- Specials Pending
- No
- HOA Name
- Wild Oak Condominium
Home Systems & Utilities
- Heating
- Forced Air
- Cooling
- Central Air
- Water
- City Water/Connected
- Sewer
- City Sewer/Connected
- Appliances
- Electric Water Heater, Gas Water Heater
Interior Features
- Laundry
- Main Level
Construction & Exterior
Construction & Structure
- New Construction
- Yes
- Foundation Type
- 8 ft+ Pour
- Foundation Area
- 2,436 sqft
- Total Building Area
- 2,436 sqft
Exterior Features
- Exterior Features
- Stone, Metal
- View
- River
- Accessibility Features
- Doors 36"+, Accessible Elevator Installed, Fully Wheelchair, Hallways 42"+
Parking & Garage
- Parking Features
- Attached Garage, Floor Drain, Finished Garage, Heated Garage
Lot & Land
- Lot Features
- Corner Lot
- Topography
- Wooded
- Zoning Description
- Residential-Single Family
Agent & Office
- List Office
- RE/MAX Legacy Realty
Price History
- Price reduced to $946,316 — Sep 3, 2026
505 OAK Street N, Unit 502 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 502
Associate Broker · Modern Market REALTORS®
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Listed by RE/MAX Legacy Realty · Shown by Modern Market REALTORS®
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View Full Listing & PhotosMLS# 7006563 · Updated September 3, 2026
Similar Homes for Sale Near 505 OAK Street N, Fargo, ND
- 505 OAK Street N, Unit 506 — $894,600 · 2 bed · 2 bath
- 12 Broadway N, Unit 201 — $880,000 · 2 bed · 2 bath
- 412 5th Street N, Unit 526 — $869,000 · 3 bed · 2 bath
- 3105 Archer Place S — $797,500 · 3 bed · 3 bath
- 2651 Golden Lane S — $792,000 · 4 bed · 3 bath
- 3606 Decorah Way S — $769,999 · 4 bed · 3 bath
Frequently Asked Questions About 505 OAK Street N, Unit 502
- 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 $946,316 a good price for a home in Fargo?
- According to BuyPulse, 505 OAK Street N rates Fair Market Value — at $388/sqft it's priced 7% above the typical Fargo new-construction condo of $361/sqft. Its negotiating-position score is 78/100 (Strong buyer leverage), 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 $333/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 $9,748.51/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 $450 monthly. HOA includes: Building Exterior, Lawn Care, Maintenance Grounds, Parking, Security System, 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 8 ft+ pour 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?
- 6 similar homes (new-construction condos between $710K and $1.2M in Fargo) are for sale right now — a short list right now.
- 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.