5 months on rocket

505 Oak St N Unit 503, Fargo, ND, 58102

$1,249,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
1 Full Bath
2,070 SqFt
$603/SqFt
Condo

Location

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505 Oak St N Unit 503, Fargo$1,249,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAttached Garage, Floor Drain, Finished Garage, Heated Garage
Attached Garage2 spaces
Year BuiltNew Const., 2021
HeatingForced Air
CoolingCentral Air
BasementYes
FireplaceOther
ViewRiver
MLS #7422651
StatusActive

About 505 Oak St N Unit 503

Unparalleled luxury awaits at this upscale condo located in the historic Oak Grove neighborhood. This finished unit features, 12 foot ceilings, wool carpet & engineered hardwood flooring, white rift cut custom cabinets, Thermador appliances, fireplace, audio package, custom tiled master shower, private balcony with hot tub and much more! Wild Oak Condos features expansive windows that optimize views of Wildflower Grove Park, the Red River and downtown Fargo. There is a private lobby and clubroom,2 heated underground parking spots per unit, private elevator, One storage unit per condo, fitness center, rooftop patio, 24/7 mini-market and much more! Ask about the potential benefits of being in the Renaissance Zone.

Property Details

Property Features

Property Information:

  • Year Built: 2021
  • Living Area: 2,070 SqFt

Listing Office:

  • Office Name: RE/MAX Legacy Realty

Interior Features

Interior Information:

  • Appliances: Disposal, Dryer, Electric Water Heater, Exhaust Fan, Gas Water Heater, Range, Refrigerator, Washer, Wine Cooler
  • Basement: Yes
  • Flooring Type: Laminate
  • Fireplace: Other

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: River

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage, Floor Drain, Finished Garage, Heated Garage

Lot Features

Lot Information:

  • Lot: Corner Lot

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,249,000
  • Price Per SqFt: $603/SqFt

HOA Fees:

  • Amount: $500
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Fargo, ND.

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Fargo, ND

City

Med. Sold Price

$295.7K

Med. Price/SqFt

$145

Avg. Days On Market

40

# of Sold Homes

218

505 Oak St N Unit 503 vs Fargo

176 DAYS ON ROCKET

+136 Days

$1,249,000

+$953.2K More

$603/SqFt

+$457 More

KEY TAKEAWAY

This property is $953.2K more than the Median Sold Price and $457/SqFt more than other homes in Fargo, ND.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #7422651

Listing Office:

  • Office Name: RE/MAX Legacy Realty

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Property Sales & Tax

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$6,801

Per Month

Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-262642
6
/10

  • Horace Mann Roosevelt Elementary School

  • 1025 3rd St N

  • 0.48 miles

  • Public District Grades KG-5

school-card-donut-262643
2
/10

  • Robert Asp Elementary School

  • 910 11th St N

  • 0.81 miles

  • Public District Grades KG-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $59,409. The majority of Fargo, ND residents have income between $35k-100k annually. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 505 Oak St N Unit 503

What is the listing price of this property?

The listing price of 505 Oak St N Unit 503 property is $1,249,000.

What type of property is this?

The property 505 Oak St N Unit 503 is a condo located in Fargo, North Dakota, 58102.

Is this property for sale now?

Active Listing: 505 Oak St N Unit 503 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 505 Oak St N Unit 503 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 505 Oak St N Unit 503 is 2,070 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 505 Oak St N Unit 503 is 2021.

Rocket Homes›North Dakota›Cass County›Fargo›58102›505 Oak St N Unit 503

This home is located at 505 Oak St N Unit 503 in Fargo, ND and zip code 58102 in the Horace Mann neighborhood. This 2,070 square foot home was built in 2021. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 28, 2024 and is currently priced at $1,249,000.

In October 2024, from all listings sold in Fargo, ND there were more than 48 sold above asking price, over 107 sold below and more than 63 were sold right at the asked price. In October 2024 in Fargo, ND there were 2% more homes for sale than in September 2024. The median list price of listings available in October 2024 was $295,743, while the average time on the real estate market was 40 days.

From Rocket Homes Real Estate and based on county public records data.

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