40 S Terrace N, Fargo, ND 58102

$282,500
Property Type: Residential Bedrooms: 5 Baths: 2 Square Footage: 2,450 Lot Size (sq. ft.): 7,841 Status: Closed
Current Price: $282,500 List Date: 5/13/2025 Last Modified: 10/01/2025

Overview

Description

LOCATION, LOCATION, LOCATION! Nestled in the highly sought-after Oak Grove neighborhood, this 1½-story, 5-bedroom, 2-bath home is a true gem. Enjoy serene views of the beautiful green space right out front, with direct access to bike trails, parks, top-rated schools, and just a short distance from the heart of downtown Fargo. This beautiful yard was on the Soroptimist 2005 Yard & Garden tour. The main floor features two bedrooms with charming hardwood floors, and a beautifully updated kitchen with granite countertops, a gas range, and numerous replaced windows that bring in a lot of natural light. Upstairs offers a spacious third bedroom, while the recently finished basement includes a cozy family room, two additional bedrooms, a ¾ bath, and a utility/laundry room. Recent updates include new shingles and gas water heater in 2023, and a replaced water main for added peace of mind. Outside, enjoy a tranquil “enchanted forest” backyard with mature trees, a patio with pergola, and a ...

Listing Details MLS# 6719061

General Property Information

Common Wall
No
Lot Measurement
Acres
Manufactured Home?
No
Multiple PIDs?
No
New Development
No
Year Built
1955
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Bath Full
Yes
Bath Three Quarters
Yes
Main Floor Total SqFt
980
Above Grd Total SqFt
1470
Below Grd Total SqFt
980
Total SqFt
2450
Total Finished Sqft
2270.00
FireplaceYN
No
Style
(SF) Single Family
Foundation Size
980
Garage Stalls
2
Lot Dimensions
50x157
Acres
0.18
Number of Fireplaces
0
Bath Half
0
Bath Quarter
0
Association Fee
0

Property Features

Accessible: None Air Conditioning: Central Air Amenities Unit: Ceiling Fan(s); Hardwood Floors; Pantry; Tile Floors Appliances: Dishwasher; Disposal; Dryer; Microwave; Range; Refrigerator; Washer Construction Status: Previously Owned Exterior: Vinyl Fencing: Partial Financing Terms: VA Fuel: Natural Gas Heating: Hot Water Laundry: In Basement Lock Box Type: Supra Lot Description: Tree Coverage - Medium Possession: At Closing Roof: Asphalt Shingles Sewer: City Sewer/Connected Showing Requirements: Showing Service Special Search: Main Floor Primary Stories: One and One Half Topography: Wooded Water: City Water/Connected Window Features: Window Coverings

Contract Information

Digitally Altered Photos
No
Exclusions
See private remarks
Off Market Date
2025-09-24
Contingency
None
Closed Date
2025-09-11
Original List Price
295000
Sales Close Price
282500
ListPrice
285000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
40
Street Direction Prefix
S
Street Name
Terrace
Street Direction Suffix
N
Postal City
Fargo
County
Cass
State
ND
Zip Code
58102
Complex/Dev/Subdivision
Oakgrove

Assessments

Assessment Balance
2481
Assessment Installment
372
Tax With Assessments
2898
Assessments Paid Seller
0

Building Information

Finished SqFt Above Ground
1470
Finished SqFt Below Ground
800

More Information

Lease Details

Land Leased
Not Applicable

Lock Box Type

Lock Box Source
FMR
Supra
Yes

Miscellaneous Information

DP Resource
Yes
Homestead
No

Ownership

Fractional Ownership
No

Office/Member Info

Association
FMR

Location, Tax and Other Information

AssocFeeYN
No
Legal Description
OAK GROVE LOT 27 BLK 2
Listing City
Fargo
Map Page
999
Municipality
Fargo
School District
Fargo
Zip Plus 4
3836
Property ID Number
01220000620000
Square Footage Source
County Records
Tax Year
2024
Tax Amount
2526
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
LOCATION, LOCATION, LOCATION! Nestled in the highly sought-after Oak Grove neighborhood, this 1½-story, 5-bedroom, 2-bath home is a true gem. Enjoy serene views of the beautiful green space right out front, with direct access to bike trails, parks, top-rated schools, and just a short distance from the heart of downtown Fargo. This beautiful yard was on the Soroptimist 2005 Yard & Garden tour. The main floor features two bedrooms with charming hardwood floors, and a beautifully updated kitchen with granite countertops, a gas range, and numerous replaced windows that bring in a lot of natural light. Upstairs offers a spacious third bedroom, while the recently finished basement includes a cozy family room, two additional bedrooms, a ¾ bath, and a utility/laundry room. Recent updates include new shingles and gas water heater in 2023, and a replaced water main for added peace of mind. Outside, enjoy a tranquil “enchanted forest” backyard with mature trees, a patio with pergola, and a firepit perfect for relaxing evenings. The oversized 2-stall tandem garage, added in 2014, offers plenty of room for vehicles and storage. With permanent siding and central air, this home is move-in ready and full of charm and modern comfort. Don’t miss your chance to live in one of Fargo’s best neighborhoods!

Accessible

None
Yes

Air Conditioning

Central Air
Yes

Amenities Unit

Ceiling Fan(s)
Yes
Hardwood Floors
Yes
Pantry
Yes
Tile Floors
Yes

Appliances

Dishwasher
Yes
Disposal
Yes
Dryer
Yes
Microwave
Yes
Range
Yes
Refrigerator
Yes
Washer
Yes

Construction Status

Previously Owned
Yes

Exterior

Vinyl
Yes

Fencing

Partial
Yes

Financing Terms

VA
Yes

Fuel

Natural Gas
Yes

Heating

Hot Water
Yes

Insurance Fee

Insurance Fee
0

Laundry

In Basement
Yes

Lot Description

Tree Coverage - Medium
Yes

Patio, Porch and Deck Features

Patio
Yes

Possession

At Closing
Yes

Roof

Asphalt Shingles
Yes

Sewer

City Sewer/Connected
Yes

Showing Requirements

Showing Service
Yes

Special Search

Main Floor Primary
Yes

Stories

One and One Half
Yes

Topography

Wooded
Yes

Water

City Water/Connected
Yes

Window Features

Window Coverings
Yes

Room Information

Room Name Level
Fifth (5th) Bedroom Second
Fourth (4th) Bedroom Lower
Bathroom Lower
Bathroom Main
Family Room Lower
Laundry Lower
Third (3rd) Bedroom Lower
Second (2nd) Bedroom Main
First (1st) Bedroom Main
Patio Main
Living Room Main
Kitchen Main
Dining Room Main

Documents

IDX
Listing Office: REALTY XPERTS
Last Updated: October - 01 - 2025
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

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