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M Premiere — Just Listed — listed August 17, 2026
5 Beds | 4 Baths | 3,630 Sq Ft | Single Family Home | MLS# 7125315
Is 5881 31st Street S a Good Deal?
BuyPulse Grade
Premium Priced
At $303/sqft — This home is priced 63% above the typical Fargo single-family home of $186/sqft.
Powered by the Realgorithm™ — 260 active Fargo listings · NorthstarMLS
$7,953/month Estimated
- Principal & interest
- $5,557
- Property taxes
- $1,073
- Home insurance (est.)
- $641
- Special assessments
- $682 + pending
- HOA dues
- None
20% down ($219,800) · 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.
Deciding Week · Day 2 of 7
Day count from the MLS listing date · cohort stats from the last 90 days · NorthstarMLS
Located in Prairie Farms Add, Fargo, ND.
About This Home
Opportunities are endless with this stunning property offering over 6,000 sq feet of living space on a large South Fargo .75 acre lot! Private back alley access to a 30’x60’ fully finished 2500 sq feet studio/gaming area/bonus space and a 3,830 beautiful rambler located in a quiet cul-de-sac with tons of upgrades is truly a rare find in the Fargo area. Amazing studio space includes large windows, private half bathroom, office area, bonus loft storage/play area, and security system perfect for operating your own business right in your backyard. 30’x15’6” Gaming area with commercial grade flooring, reinforced walls, and storage closet can be used for entertaining friends and family with basketball, ping pong, and other sports, or a gym/workout area. Studio/gaming area/bonus space also includes in-floor heat, dual zone forced air, central a/c, and washing machine and dryer hookups. Over 3,800 sq ft rambler home offers functional and serene living with open concept main floor with large kitchen/dining and living area and amazing backyard views. Kitchen features extended island, walk-in pantry, and induction cooktop. Large master bedroom offers tile surround shower, oversized soaking tub, dual vanities, and spacious walk-in closet with built-in safe. Main floor also offers two additional bedrooms, full bathroom, private laundry room, mud room, and open foyer with natural light. Large lower-level boasts gas fireplace, rec area with wet bar rough-in, two additional bedrooms, and a full bathroom. Massive storage/utility room downstairs includes washing machine and dryer, air exchanger, dual sump pits, and water filtration system. Heated three stall garage with extended third stall as well as a stamped concrete patio backyard that is fully fenced for privacy with a walking path in mature trees to the studio/gaming area/bonus space makes this property unlike any other! Home and studio space includes hardwired security system for your peace of mind. Schedule your private showing today!
BuyPulse™ — Live Market Read
Homes like this one — single-family homes between $824K and $1.4M in Fargo:
- The field: 27 similar Fargo homes for sale — you have options.
Powered by the Realgorithm™ — real Fargo closings, zero guesses · NorthstarMLS
Key Features
- Property Type
- Single Family
- Year Built
- 2021
- Above Grade
- 1,915 sq ft
- Below Grade
- 1,715 sq ft
- Lot Size
- 0.75 acres
- Garage
- 3-car (Attached Garage, Floor Drain, Heated Garage, Insulated Garage)
- Heating
- Forced Air, Fireplace(s), In-Floor Heating
- Cooling
- Central Air
- Basement
- Finished
- Appliances
- Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Gas Water Heater, Microwave, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned
- Sewer
- City Sewer/Connected
- Water
- City Water/Connected
- Annual Taxes
- $12,873
- Special Assessments
- $8,187
- School District
- Fargo Public Schools
- Assigned High School
- Fargo Davies High School
- County
- Cass
- Days on Market
- 0
5881 31st Street S is listed in Fargo, ND, part of Cass County. Browse all North Dakota homes for sale on Modern Market REALTORS®.
Showing — 5881 31st Street S
Shannon Barnum
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# 7125315 · Data refreshed August 17, 2026
Similar Homes for Sale Near 5881 31st Street S, Fargo, ND
Frequently Asked Questions About 5881 31st Street S
- What schools is 5881 31st Street S zoned to?
- 5881 31st Street S is zoned to Bennett Elementary School (elementary), Discovery Middle School (middle school), and Fargo Davies High School (high school). Attendance boundaries change — confirm your exact address with the district before you rely on it.
- Is $1,099,000 a good price for a home in Fargo?
- At $303/sqft, this home is priced significantly above the typical Fargo single-family home of $186/sqft (63% higher), according to our BuyPulse comparison of comparable active listings. Browse Fargo homes for sale to compare.
- What are the special assessments at 5881 31st Street S — and what do they mean?
- This property has $8,187/yr in annual special assessments with additional 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 10–20 years. Annual property taxes are $12,873/yr. Always factor both into your total monthly housing cost before making an offer.
- Does 5881 31st Street S have a basement?
- Yes, 5881 31st Street S has a finished basement with 1,715 sq ft of below-grade space.
- What type of heating and cooling does 5881 31st Street S have?
- 5881 31st Street S has Forced Air, Fireplace(s), In-Floor Heating and Central Air cooling.
- Where is 5881 31st Street S located?
- 5881 31st Street S is in the Prairie Farms neighborhood of Fargo, ND 58104, in Cass County. It's in the Fargo Public Schools.
- Is 5881 31st Street S still available?
- Yes — 5881 31st Street S is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 5881 31st Street S built?
- 5881 31st Street S was built in 2021. It features a poured concrete foundation.
- Does 5881 31st Street S have main-floor laundry?
- Yes — the laundry at 5881 31st Street S is on the main level.
- What utilities serve 5881 31st Street S?
- Electric and gas at 5881 31st Street S 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 5881 31st Street S near a golf course?
- Yes — Rose Creek Golf Course (public course) is about 1.3 miles from 5881 31st Street S. It's the closest golf course in the Fargo-Moorhead metro.
- How walkable is 5881 31st Street S?
- 5881 31st Street S has a Walk Score of 12/100 (Car-Dependent), a Bike Score of 27/100 (Minimal Bike Infrastructure) and a Transit Score of 0/100 (Minimal Transit). Scores provided by Walk Score® →
- How many homes like 5881 31st Street S are for sale in Fargo?
- 27 similar homes (single-family homes between $824K and $1.4M in Fargo) are for sale right now — you have options.
- What does "M Premiere" mean?
- M Premiere™ is Modern Market REALTORS®’ early-access tracker for homes entering NorthstarMLS during the critical first 96 hours on market. Well-priced homes in Fargo-Moorhead frequently receive their strongest buyer attention in that opening window. M Premiere surfaces new inventory the moment it lists — so buyers can act before a home becomes widely discovered.
- 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.