1323 S River Drive, Moorhead, MN 56560
5 Beds | 4 Baths | 3,474 Sq Ft | Single Family Home | MLS# 7086741
M Markdowns — Price Reduced — was $539,900 (↓ $10,000)
Is 1323 S River Drive a Good Deal?
BuyPulse Verdict
Fair Market Value
At $153/sqft — This home is priced right at the typical Moorhead single-family home of $153/sqft.
Your Negotiating Position
78 — Strong buyer leverage
Day 121 — Moorhead homes overall typically go under contract by day ~21. This one is past that window.
50% of recent sales closed at or over asking — about half hold full price.
27 similar homes for sale — alternatives if they won't move.
This seller already cut $10,000 — motivation showing.
Powered by the Realgorithm™ — 147 active Moorhead listings · NorthstarMLS
$3,563/month Estimated
- Principal & interest
- $2,679
- Property taxes
- $492
- Home insurance (est.)
- $309
- Special assessments
- $83
- HOA dues
- None
20% down ($105,980) · 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 Knollwood Add, Moorhead, MN.
About This Home
Motivated Seller! Bring an offer on this Rare Riverfront Property! This one-of-a-kind gem offers 1.5 acres of country-style living in the heart of the city, with breathtaking river views, abundant wildlife, and unmatched privacy just minutes from downtown. Originally built in 1905, this beautiful home underwent extensive renovations and a significant addition in 2003, blending timeless character with modern convenience. Featuring 5 bedrooms and 4 bathrooms, spacious open-concept floor plan is designed for comfortable living and effortless entertaining. The updated kitchen serves as the heart of the home, showcasing custom maple cabinetry, large island, and updated appliances providing a seamless flow into the living and dining areas. Stunning maple flooring, quality Marvin and Andersen windows, and expansive views of the river create a warm and inviting atmosphere throughout. The massive primary suite offers a private retreat with a spacious bathroom, large walk-in closet, and incredible river views. Recent updates include new carpet, fresh interior paint, a newer roof (2018), and a brand-new driveway. Additional highlights include a 24' x 28' oversized double garage, beautiful composite decking, generous outdoor living spaces, and endless opportunities to enjoy nature right from your backyard. Properties like this rarely become available~experience the perfect combination of acreage, riverfront beauty, and city convenience in one exceptional Moorhead location.
BuyPulse™ — Live Market Read
Homes like this one — single-family homes between $397K and $662K in Moorhead:
- The field: 27 similar Moorhead homes for sale — you have options.
- Negotiation: 50% of the last 22 sales here closed at or over list — about half hold full price.
Powered by the Realgorithm™ — 22 real Moorhead closings, zero guesses · NorthstarMLS
Key Features
- Built
- 1905
- Garage
- 3-Car Detached
- Style
- Two
- HOA
- None
- Annual Taxes
- $5,909 (2026)
- Specials/yr
- $995
- School District
- Moorhead Area Public Schools
- Assigned Elementary School
- Ellen Hopkins Elementary
- Assigned Middle School
- Horizon Middle School
- Assigned High School
- Moorhead High School
Property Details
- Property Type
- Single Family
- Above Grade Sq Ft
- 2,589
- Below Grade Sq Ft
- 885
- Lot Size
- 1.43 acres
- Basement
- Yes
- Roof
- Architectural Shingle
- Construction
- Block, Concrete, Steel Siding
- County
- Clay
- List Date
- 2026-06-03
- Days on Market
- 121 days
- Parcel ID
- 583800180
Financial
- Total Tax incl. Assessments
- $6,904
- Specials Pending
- No
Home Systems & Utilities
- Heating
- Forced Air, In-Floor Heating
- Cooling
- Central Air
- Electric
- Circuit Breakers, 200+ Amp Service
- Water
- City Water/Connected
- Sewer
- City Sewer/Connected
- Appliances
- Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Freezer, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
Interior Features
- Laundry
- Main Level
Construction & Exterior
Construction & Structure
- Foundation Type
- Block, Poured Concrete
- Foundation Area
- 1,545 sqft
- Total Building Area
- 4,134 sqft
Exterior Features
- Exterior Features
- Steel Siding
- View
- River
- Accessibility Features
- None
Parking & Garage
- Parking Features
- Detached Garage
Lot & Land
- Zoning Description
- Residential-Single Family
Waterfront
- Waterfront
- Yes
Agent & Office
- List Office
- Park Co., REALTORS®
Price History
Reduced $10,000 (1.9%)
- Price reduced to $539,900 — Jun 27, 2026
- Price reduced to $529,900 — Sep 8, 2026
1323 S River Drive is listed in Moorhead, MN, part of Clay County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 1323 S River Drive
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 Park Co., REALTORS® · Shown by Modern Market REALTORS®
Buying a home in Moorhead? — dedicated buyer representation from pre-approval through closing.
View Full Listing & PhotosMLS# 7086741 · Data refreshed September 8, 2026
Similar Homes for Sale Near 1323 S River Drive, Moorhead, MN
Frequently Asked Questions About 1323 S River Drive
- What schools is 1323 S River Drive zoned to?
- 1323 S River Drive is zoned to Ellen Hopkins 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 $529,900 a good price for a home in Moorhead?
- According to BuyPulse, 1323 S River Drive rates Fair Market Value — at $153/sqft it's priced right at the typical Moorhead single-family home of $153/sqft. Its negotiating-position score is 78/100 (Strong buyer leverage), 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 1323 S River Drive — and what do they mean?
- This property has $995/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. Annual property taxes are $5,909/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 1323 S River Drive have a basement?
- Yes, 1323 S River Drive has a finished basement with 885 sq ft of below-grade space.
- What type of heating and cooling does 1323 S River Drive have?
- 1323 S River Drive has Forced Air, In-Floor Heating and Central Air cooling.
- Where is 1323 S River Drive located?
- 1323 S River Drive is in the Knollwood neighborhood of Moorhead, MN 56560, in Clay County. It's in the Moorhead Area Public Schools.
- Is 1323 S River Drive still available?
- Yes — 1323 S River Drive is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 1323 S River Drive built?
- 1323 S River Drive was built in 1905. It features block, concrete, steel siding construction, an architectural shingle roof, and a block, poured concrete foundation.
- Does 1323 S River Drive have main-floor laundry?
- Yes — the laundry at 1323 S River Drive is on the main level.
- What utilities serve 1323 S River Drive?
- Electric and gas at 1323 S River Drive 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 1323 S River Drive near a golf course?
- Yes — Fargo Country Club (private course) is about 1.1 miles from 1323 S River Drive. It's the closest golf course in the Fargo-Moorhead metro.
- How walkable is 1323 S River Drive?
- 1323 S River Drive has a Walk Score of 17/100 (Car-Dependent) and a Bike Score of 30/100 (Minimal Bike Infrastructure). Scores provided by Walk Score® →
- How many homes like 1323 S River Drive are for sale in Moorhead?
- 27 similar homes (single-family homes between $397K and $662K in Moorhead) are for sale right now — you have options.
- Do homes in Moorhead sell for asking price?
- 50% of the last 22 comparable Moorhead sales closed at or over list price — about half hold full price. Based on real NorthstarMLS closings, not estimates.
- 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 Moorhead area.