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5 Beds | 4 Baths | 5,453 Sq Ft | Single Family Home | MLS# 7064925
M Markdowns — Price Reduced — was $987,500 (↓ $37,500)
Is 4856 2nd Street SW a Good Deal?
BuyPulse Verdict
Premium Pricing
At $174/sqft — This home is priced 14% above the typical Moorhead single-family home of $153/sqft.
Your Negotiating Position
84 — Strong buyer leverage
Day 116 — Moorhead homes overall typically go under contract by day ~21. This one is past that window.
5 similar homes for sale — alternatives if they won't move.
This seller already cut $37,500 — motivation showing.
Powered by the Realgorithm™ — 135 active Moorhead listings · NorthstarMLS
$6,265/month Estimated
- Principal & interest
- $4,804
- Property taxes
- $907
- Home insurance (est.)
- $554
- HOA dues
- None
20% down ($190,000) · 30-yr fixed, 6.5% · Can I afford this home?
Estimates only; confirm before you offer.
50 earns the badge · a typical active home here scores ~14
This home has sat well past the local pace — time is working in a buyer's favor.
- 117 days on market — more than double the usual 44 days
- Price cut 3.8% (−$37,500)
- No negative signals found in the listing history
MMR track record: Offer-Ready homes closed a median 13% below their highest asking price — vs 3% for non-flagged reduced homes. MMR analysis of 29 vs 742 NorthstarMLS sales, updated monthly.
How the 0–100 Offer-Ready Score works →
Offer-Ready Score is a Modern Market REALTORS® calculation from NorthstarMLS listing data — not MLS-provided data.
Located in Tessa Terrace 2nd Add, Moorhead, MN.
About This Home
This luxury home in the highly sought after Tessa Terrace neighborhood of south Moorhead is ready for a new owner. This 5 bedroom, 4 bathroom, 3 car garage home was custom built by Dave Schmidt and the quality design can be seen throughout. Highlights of the main level include a wall of two story, southwest facing windows perfect for capturing sunsets, a stone fireplace acting as the living area focal point, and a dedicated office off the main entry. The primary suite features a large bathroom with extended countertop space, a tiled shower with natural light, and a walk-in-closet with a custom closet storage system. The upstairs loft area has unique lighting and private nooks perfect for an entertainment zone, hobby room, or extra space for guests. The basement is fully finished with all egress windows. The dedicated theater room features tiered flooring for optimal viewing and a large projection screen. The basement flex space can easily be used as an at home gym or playroom. The garage is fully finished and heated with an additional storage room. The interior isn’t all this home has to offer. The grand columned entrance with a double door entry and stone accents create a welcoming first impression. All landscaping has been done around both the home and the various fruit trees in the backyard. Enjoy the summer months on the deck or the dedicated fireplace area. The large .73 acre lot means there is plenty of space to install an ice rink or swimming pool to complete the backyard oasis. Located on a walking path, close to the Bluestem Amphitheater, and just a few minutes’ drive from shopping and other amenities. Take a look at this one-of-a-kind home today!
BuyPulse™ — Live Market Read
Homes like this one — single-family homes between $713K and $1.2M in Moorhead:
- The field: 5 similar Moorhead homes for sale — a short list right now.
Powered by the Realgorithm™ — real Moorhead closings, zero guesses · NorthstarMLS
Key Features
- Property Type
- Single Family
- Year Built
- 2013
- Above Grade
- 3,654 sq ft
- Below Grade
- 1,799 sq ft
- Lot Size
- 0.73 acres
- Garage
- 3-car (Attached Garage, Floor Drain, Finished Garage, Garage Door Opener, Heated Garage, Storage)
- Heating
- Forced Air
- Cooling
- Central Air
- Basement
- Finished
- Appliances
- Dishwasher, Disposal, Double Oven, Dryer, Microwave, Range, Refrigerator, Washer, Wine Cooler
- Sewer
- City Sewer/Connected
- Water
- City Water/Connected
- Annual Taxes
- $10,879.24
- 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
- County
- Clay
- Days on Market
- 116
4856 2nd Street SW is listed in Moorhead, MN, part of Clay County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 4856 2nd Street SW
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 Prime Realty · Shown by Modern Market REALTORS®
Buying a home in Moorhead? — dedicated buyer representation from pre-approval through closing.
View Full Listing & PhotosMLS# 7064925 · Data refreshed August 21, 2026
Similar Homes for Sale Near 4856 2nd Street SW, Moorhead, MN
Frequently Asked Questions About 4856 2nd Street SW
- What schools is 4856 2nd Street SW zoned to?
- 4856 2nd Street SW 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 $950,000 a good price for a home in Moorhead?
- According to BuyPulse, 4856 2nd Street SW rates Premium Pricing — at $174/sqft it's priced 14% above the typical Moorhead single-family home of $153/sqft. Its negotiating-position score is 84/100 (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.
- Does 4856 2nd Street SW have a basement?
- Yes, 4856 2nd Street SW has a finished basement with 1,799 sq ft of below-grade space.
- What type of heating and cooling does 4856 2nd Street SW have?
- 4856 2nd Street SW has Forced Air heating and Central Air cooling.
- Where is 4856 2nd Street SW located?
- 4856 2nd Street SW is in the Tessa Terrace neighborhood of Moorhead, MN 56560, in Clay County. It's in the Moorhead Area Public Schools.
- Is 4856 2nd Street SW still available?
- Yes — 4856 2nd Street SW is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 4856 2nd Street SW built?
- 4856 2nd Street SW was built in 2013. It features a poured concrete foundation.
- Does 4856 2nd Street SW have main-floor laundry?
- Yes — the laundry at 4856 2nd Street SW is on the main level.
- What utilities serve 4856 2nd Street SW?
- Electric and gas at 4856 2nd Street SW 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 4856 2nd Street SW near a golf course?
- Yes — Fargo Country Club (private course) is about 0.9 miles from 4856 2nd Street SW. It's the closest golf course in the Fargo-Moorhead metro.
- How walkable is 4856 2nd Street SW?
- 4856 2nd Street SW has a Walk Score of 0/100 (Car-Dependent) and a Bike Score of 52/100 (Somewhat Bikeable). Scores provided by Walk Score® →
- How many homes like 4856 2nd Street SW are for sale in Moorhead?
- 5 similar homes (single-family homes between $713K and $1.2M in Moorhead) 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 Moorhead area.