2021 single family home for sale at 5881 31st Street S in Fargo, ND — 5 bed, 4 bath (photo 1 of 52)

5881 31st Street S, Fargo, ND 58104

5 Beds | 4 Baths | 3,630 Sq Ft | Single Family Home | MLS# 7125315

$1,099,000

Is 5881 31st Street S a Good Deal?

BuyPulse Verdict

Premium Pricing

At $303/sqft — This home is priced 70% above the typical Fargo single-family home of $178/sqft.

Your Negotiating Position

80 — Strong buyer leverage

Day 46 — Fargo homes overall typically go under contract by day ~18. This one is past that window.

24 similar homes for sale — alternatives if they won't move.

Powered by the Realgorithm™ — 263 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.

Fargo, ND Active

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: 24 similar Fargo homes for sale — you have options.

Powered by the Realgorithm™ — real Fargo closings, zero guesses · NorthstarMLS

Key Features

Built
2021
Garage
3-Car Attached
Style
One
HOA
None
Annual Taxes
$12,873 (2025)
Specials/yr
$8,187 + pending
School District
Fargo Public Schools
Assigned Elementary School
Centennial Elementary School
Assigned Middle School
Discovery Middle School
Assigned High School
Fargo Davies High School

Property Details

Property Type
Single Family
Above Grade Sq Ft
1,915
Below Grade Sq Ft
1,715
Lot Size
0.75 acres
Basement
Yes
County
Cass
List Date
2026-08-17
Days on Market
46 days
Parcel ID
01854900940000

Financial

Total Tax incl. Assessments
$21,060
Specials Pending
Yes

Home Systems & Utilities

Heating
Forced Air, Fireplace(s), In-Floor Heating
Cooling
Central Air
Water
City Water/Connected
Sewer
City Sewer/Connected
Appliances
Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Gas Water Heater, Microwave, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned

Interior Features

Laundry
Lower Level, Laundry Room, Main Level
Fireplace
1 fireplace

Construction & Exterior

Construction & Structure

Foundation Type
Poured Concrete
Foundation Area
1,915 sqft
Total Building Area
3,830 sqft

Exterior Features

Exterior Features
Stone, Steel Siding
Fenced Area
Yes
Other Structures
Guest House, Studio
Accessibility Features
None

Parking & Garage

Parking Features
Attached Garage, Floor Drain, Heated Garage, Insulated Garage

Lot & Land

Road Surface
City Street, Private Road
Zoning Description
Residential-Single Family

Agent & Office

List Office
RE/MAX Legacy Realty

Price History

Listed at $1,099,000 on Aug 17, 2026 — No price changes

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®

Schedule a Home Tour View Full Listing & Photos

MLS# 7125315 · Data refreshed August 17, 2026

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Frequently Asked Questions About 5881 31st Street S

What schools is 5881 31st Street S zoned to?
5881 31st Street S is zoned to Centennial 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?
According to BuyPulse, 5881 31st Street S rates Premium Pricing — at $303/sqft it's priced 70% above the typical Fargo single-family home of $178/sqft. Its negotiating-position score is 80/100 (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 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 5 to 25 years. Annual property taxes are $12,873/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 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 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?
24 similar homes (single-family homes between $824K and $1.4M in Fargo) are for sale right now — you have options.
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.