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M Premiere — Just Listed — listed October 14, 2026
4 Beds | 3 Baths | 2,128 Sq Ft | Single Family Home | MLS# 7158513
$2,582/month Estimated
- Principal & interest
- $1,932
- Property taxes
- $409
- Home insurance (est.)
- $223
- Special assessments
- $18 + pending
- HOA dues
- None
20% down ($76,400) · 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.
Located in Mallard Creek 3rd Add, Moorhead, MN.
About This Home
Spacious home, large fenced yard and just $1,200 in special assessments! Enjoy warm wood tones throughout and some nice updates such as brand new laminate in the living room, shingles, window in the primary suite and freshly cleaned carpets. The kitchen features a pantry, peninsula seating and access to a maintenance free deck that overlooks the huge backyard! In the primary suite you'll find a full bathroom, walk in closet and ceiling fan. Downstairs is perfect for entertaining with a nook that can work as an office/gaming/craft space or the top tier for theater seating! You'll also find 2 more bedrooms, a bathroom, finished laundry room and TONS of storage. Tankless water heater. Heated 3-stall garage. Schedule a showing!
BuyPulse · Live market read
Is 1240 38th Avenue S a Good Deal?
At $180/sqft, this home is priced $27/sqft above the typical Moorhead single-family home of $153/sqft.
The median list price in Moorhead is $319,900.
Verdict: Premium Pricing
Your negotiating position
42 Seller-leaning market
Seller's market · Balanced · Buyer leverage
Day 3 — similar homes typically go under contract by day ~30, so this one is early in its window.
77% of recent sales closed at or over asking — Moorhead sellers rarely discount.
43 similar homes for sale — alternatives if they won't move.
Homes like this one — splits & bi-levels between $287K and $478K in Moorhead:
- The field: 43 similar Moorhead homes for sale — you have options.
- Tempo: homes like this went pending in a median 30 days — 0 of the last 11 inside 4 days.
- Negotiation: 77% of the last 30 sales here closed at or over list — Moorhead doesn't discount.
- Price cuts: 23 of 43 similar homes have trimmed asking — median trim $6,000. This one hasn't budged.
Powered by the Realgorithm™ — 30 real Moorhead closings, zero guesses · NorthstarMLS
Key Features
- Built
- 2006
- Garage
- 3-Car Attached
- Style
- Three Level Split
- HOA
- None
- Annual Taxes
- $4,911 (2026)
- Specials/yr
- $217 + pending
- School District
- Moorhead Area Public Schools
- Assigned Elementary School
- S.G. Reinertsen Elementary
- Assigned Middle School
- Horizon Middle School
- Assigned High School
- Moorhead High School
Property Details
- Property Type
- Single Family
- Above Grade Sq Ft
- 1,248
- Below Grade Sq Ft
- 880
- Lot Size
- 0.27 acres
- Basement
- Yes
- County
- Clay
- List Date
- 2026-10-14
- Days on Market
- 3 days
- Parcel ID
- 584280410
Financial
- Total Tax incl. Assessments
- $5,128
- Specials Pending
- Yes
Home Systems & Utilities
- Heating
- Forced Air
- Cooling
- Central Air
- Water
- City Water/Connected
- Sewer
- City Sewer/Connected
- Appliances
- Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Tankless Water Heater, Washer
Interior Features
- Laundry
- In Basement
Construction & Exterior
Construction & Structure
- Foundation Type
- Poured Concrete
- Foundation Area
- 1,248 sqft
- Total Building Area
- 2,496 sqft
Exterior Features
- Exterior Features
- Vinyl
- Fenced Area
- Yes
- Other Structures
- Storage Shed
- Accessibility Features
- None
Parking & Garage
- Parking Features
- Attached Garage
Lot & Land
- Zoning Description
- Residential-Single Family
Agent & Office
- List Office
- Berkshire Hathaway HomeServices Premier Properties
Price History
Listed at $382,000 on Oct 14, 2026 — No price changes
1240 38th Avenue S is listed in Moorhead, MN, part of Clay County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 1240 38th Avenue S
Associate Broker · Modern Market REALTORS®
Your Moorhead real estate expert since 2012 — I represent you, not the seller. Quick to respond, easy to text.
Listed by Berkshire Hathaway HomeServices Premier Properties · Shown by Modern Market REALTORS®
First-Time Home Buyer Guide for Fargo-Moorhead — ND/MN buyer programs, budgeting, and the 7-step process.
View Full Listing & PhotosMLS# 7158513 · Data refreshed October 15, 2026
Similar Homes for Sale Near 1240 38th Avenue S, Moorhead, MN
Frequently Asked Questions About 1240 38th Avenue S
- What schools is 1240 38th Avenue S zoned to?
- 1240 38th Avenue S is zoned to S.G. Reinertsen Elementary (elementary), Horizon Middle School (middle school), and Moorhead High School (high school). Attendance boundaries change — confirm your exact address with the district before you rely on it.
- Is $382,000 a good price for a home in Moorhead?
- According to BuyPulse, 1240 38th Avenue S rates Premium Pricing — at $180/sqft it's priced 18% above the typical Moorhead single-family home of $153/sqft. Its negotiating-position score is 42/100 (Seller-leaning market), weighed on days on market, comparable inventory, and how Moorhead homes are closing versus list. Powered by the Realgorithm™. Browse Moorhead homes for sale to compare.
- What are the special assessments at 1240 38th Avenue S — and what do they mean?
- This property has $217/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. Annual property taxes are $4,911/yr. Always factor both into your total monthly housing cost before making an offer.
What special assessments cost in Moorhead — live figures on every home for sale.
- Does 1240 38th Avenue S have a basement?
- Yes, 1240 38th Avenue S has a finished basement with 880 sq ft of below-grade space.
- What type of heating and cooling does 1240 38th Avenue S have?
- 1240 38th Avenue S has Forced Air heating and Central Air cooling.
- Where is 1240 38th Avenue S located?
- 1240 38th Avenue S is in the Mallard Creek neighborhood of Moorhead, MN 56560, in Clay County. It's in the Moorhead Area Public Schools.
- Is 1240 38th Avenue S still available?
- Yes — 1240 38th Avenue S is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 1240 38th Avenue S built?
- 1240 38th Avenue S was built in 2006. It features a poured concrete foundation.
- Does 1240 38th Avenue S have main-floor laundry?
- No — the laundry at 1240 38th Avenue S is in the lower level.
- What utilities serve 1240 38th Avenue S?
- Electric and gas at 1240 38th Avenue S are provided by Moorhead Public Service and Xcel Energy. Water, sewer, and garbage are handled by Moorhead Public Service and City of Moorhead. Internet options include Midco, 702 Communications and CenturyLink. Full Moorhead utility setup guide — phone numbers and move-in timeline →
- Is 1240 38th Avenue S near a golf course?
- Yes — Fargo Country Club (private course) is about 0.8 miles from 1240 38th Avenue S. It's the closest golf course in the Fargo-Moorhead metro.
- How walkable is 1240 38th Avenue S?
- 1240 38th Avenue S has a Walk Score of 45/100 (Car-Dependent) and a Bike Score of 64/100 (Somewhat Bikeable). Scores provided by Walk Score® →
- How many homes like 1240 38th Avenue S are for sale in Moorhead?
- 43 similar homes (splits & bi-levels between $287K and $478K in Moorhead) are for sale right now — you have options.
- How fast do homes like 1240 38th Avenue S sell in Moorhead?
- Homes like this one (splits & bi-levels between $287K and $478K in Moorhead) went pending in a median 30 days over the last 90 days — 0 of the last 11 went under contract within 4 days.
- Do homes in Moorhead sell for asking price?
- 77% of the last 30 comparable Moorhead sales closed at or over list price — Moorhead doesn't discount. Based on real NorthstarMLS closings, not estimates.
- 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 Moorhead area.
Listings courtesy of NorthstarMLS as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 10/17/2026, 6:09 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.