616 Lexington Lane, Moorhead, MN 56560
5 Beds | 3 Baths | 3,197 Sq Ft | Single Family Home | MLS# 7139412
M Markdowns — Price Reduced — was $480,000 (↓ $15,000)
$3,195/month Estimated
- Principal & interest
- $2,351
- Property taxes
- $569
- Home insurance (est.)
- $271
- Special assessments
- $4
- HOA dues
- None
20% down ($93,000) · 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 Hampton Place 1st Add, Moorhead, MN.
About This Home
Stunning 5-Bedroom Home on a Desirable Corner Lot! Welcome to this beautiful 5-bedroom, 3-bath home offering nearly 3,200 square feet of thoughtfully designed living space. Ideally situated on a spacious corner lot, this home offers exceptional space, comfort, and amenities. The inviting sunroom is perfect for relaxing and enjoying the seasons, while two fireplaces add warmth and character to the home. The well-appointed kitchen features upgraded appliances, making everyday living and entertaining a pleasure. Outside, enjoy the privacy of a fully fenced yard with raised garden beds, creating a wonderful space for gardening, entertaining, pets, or relaxing outdoors. The heated 3-stall garage provides plenty of room for vehicles, recreational equipment, hobbies, and storage while offering year-round comfort. With 5 bedrooms, 3 bathrooms, nearly 3,200 square feet, a sunroom, two fireplaces, upgraded appliances, a fenced yard, raised garden beds, and a heated 3-stall garage, this exceptional corner-lot home has everything you've been looking for!
BuyPulse · Live market read
How 616 Lexington Lane Compares to the Moorhead Market
At $145/sqft, this home is priced $7/sqft below the typical Moorhead single-family home of $152/sqft.
The median list price in Moorhead is $319,900.
Verdict: Strong Value
Your negotiating position
95 Strong buyer leverage
Seller's market · Balanced · Buyer leverage
Day 52 — Moorhead homes overall typically go under contract by day ~21. This one is past that window.
38% of recent sales closed at or over asking — most sellers here negotiate.
50 similar homes for sale — alternatives if they won't move.
This seller already cut $15,000 — the asking price has already moved.
Homes like this one — single-family homes between $349K and $581K in Moorhead:
- The field: 50 similar Moorhead homes for sale — you have options.
- Negotiation: 38% of the last 24 sales here closed at or over list — there's room to negotiate.
- Price cuts: 25 of 50 similar homes have trimmed asking — median trim $5,100. This one already cut $15,000.
Powered by the Realgorithm™ — 24 real Moorhead closings, zero guesses · NorthstarMLS
Key Features
- Built
- 2005
- Garage
- 3-Car Attached
- Style
- Split Entry (Bi-Level)
- HOA
- None
- Annual Taxes
- $6,822 (2026)
- Specials/yr
- $50
- 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
- 1,655
- Below Grade Sq Ft
- 1,542
- Lot Size
- 0.29 acres
- Basement
- Yes
- County
- Clay
- List Date
- 2026-09-04
- Days on Market
- 52 days
- Parcel ID
- 582760270
Financial
- Total Tax incl. Assessments
- $6,872
- Specials Pending
- No
Home Systems & Utilities
- Heating
- Forced Air
- Cooling
- Central Air
- Water
- City Water/Connected
- Sewer
- City Sewer/Connected
- Appliances
- Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
Interior Features
- Laundry
- Laundry Room
- Fireplace
- 2 fireplaces
Construction & Exterior
Construction & Structure
- Foundation Type
- Concrete Perimeter
- Foundation Area
- 1,555 sqft
- Total Building Area
- 3,197 sqft
Exterior Features
- Exterior Features
- Steel Siding
- Fenced Area
- Yes
- Accessibility Features
- None
Parking & Garage
- Parking Features
- Attached Garage
Lot & Land
- Zoning Description
- Residential-Single Family
Agent & Office
- List Office
- Dakota Plains Realty
Price History
- Price reduced to $465,000 — Sep 30, 2026
616 Lexington Lane is listed in Moorhead, MN, part of Clay County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 616 Lexington Lane
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Listed by Dakota Plains Realty · Shown by Modern Market REALTORS®
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View Full Listing & PhotosMLS# 7139412 · Updated September 30, 2026
Similar Homes for Sale Near 616 Lexington Lane, Moorhead, MN
Frequently Asked Questions About 616 Lexington Lane
- What schools is 616 Lexington Lane zoned to?
- 616 Lexington Lane 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 $465,000 a good price for a home in Moorhead?
- According to BuyPulse, 616 Lexington Lane rates Strong Value — at $145/sqft it's priced 5% below the typical Moorhead single-family home of $152/sqft. Its negotiating-position score is 95/100 (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 616 Lexington Lane — and what do they mean?
- This property has $50/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 $6,822/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 616 Lexington Lane have a basement?
- Yes, 616 Lexington Lane has a finished basement with 1,542 sq ft of below-grade space.
- What type of heating and cooling does 616 Lexington Lane have?
- 616 Lexington Lane has Forced Air heating and Central Air cooling.
- Where is 616 Lexington Lane located?
- 616 Lexington Lane is in the Hampton Place neighborhood of Moorhead, MN 56560, in Clay County. It's in the Moorhead Area Public Schools.
- Is 616 Lexington Lane still available?
- Yes — 616 Lexington Lane is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 616 Lexington Lane built?
- 616 Lexington Lane was built in 2005. It features a concrete perimeter foundation.
- What utilities serve 616 Lexington Lane?
- Electric and gas at 616 Lexington Lane 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 616 Lexington Lane near a golf course?
- Yes — Fargo Country Club (private course) is about 1 miles from 616 Lexington Lane. It's the closest golf course in the Fargo-Moorhead metro. See homes for sale near Fargo Country Club →
- How walkable is 616 Lexington Lane?
- 616 Lexington Lane has a Walk Score of 3/100 (Car-Dependent) and a Bike Score of 47/100 (Minimal Bike Infrastructure). Scores provided by Walk Score® →
- How many homes like 616 Lexington Lane are for sale in Moorhead?
- 50 similar homes (single-family homes between $349K and $581K in Moorhead) are for sale right now — you have options.
- Do homes in Moorhead sell for asking price?
- 38% of the last 24 comparable Moorhead sales closed at or over list price — there's room to negotiate. 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.
Listings courtesy of NorthstarMLS as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 10/26/2026, 5:20 AM 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.
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