HeaderIcon
  1. Agent Logo

Explore by Metro

  • Atlanta
  • Baltimore
  • Boston
  • Bronx
  • Brooklyn
  • Chicago
  • Los Angeles
  • Manhattan
  • Miami
  • Nashville
  • Orlando
  • Philadelphia
  • Phoenix
  • Queens
  • San Diego
  • San Jose
  • Tampa
  • Washington
HeaderIcon

Explore by Metro

  • Atlanta
  • Baltimore
  • Boston
  • Bronx
  • Brooklyn
  • Chicago
  • Los Angeles
  • Manhattan
  • Miami
  • Nashville
  • Orlando
  • Philadelphia
  • Phoenix
  • Queens
  • San Diego
  • San Jose
  • Tampa
  • Washington
leftArrowBack to Search
  1. Home
  2. /
  3. Wakefield, MA
  4. /
  5. Terrace Condominium
Add to favoritesAdd to favorites (hover)
Save
leftArrow
Add to favoritesAdd to favorites (hover)

Terrace Condominium

3 Richardson St., Wakefield, MA, 01880

YEAR BUILT

1971

# STORIES

1

# TOTAL UNITS

57

UNIT SIZE RANGE

930-1,030 sqft

Description

Terrace Condominium sits at 3 Richardson St in Wakefield, MA. This low-rise building consists of 1 story and contains 57 units. Built in 1971, it has a solid structure and offers a variety of unit sizes ranging from 930 to 1,030 square feet. Residents can find options with either one or two bedrooms. Recent prices show a range from $360,000 to $395,500. The lowest sold price in the last 12 months was around $345,000, while the average closed price is about $347,500. The average price per square foot is $413. Units typically spend around 50 days on the market. Amenities enhance daily life in this condominium. Residents can enjoy laundry facilities, a pool, and tennis courts. Nearby, there are parks, golf courses, and bike paths for outdoor activities. Highway access, public transportation, and services like schools and places of worship are also close by. The building enjoys proximity to local eateries like Ristorante Molise. This adds convenience for dining options. The area provides a well-rounded selection of services and activities for residents. Overall, it's a comfortable place to live with ample amenities and an engaging neighborhood. In summary, Terrace Condominium offers modern living with practical amenities. Its location near parks, transportation, and dining makes it appealing. The building combines a solid structure with a welcoming community atmosphere.

Building ImageMLS ID #73305124
Building ImageMLS ID #73305124
Building Image
Building ImageView Listing

Terrace Condominium

3 Richardson St., Wakefield, MA, 01880

YEAR BUILT

1971

# STORIES

1

# TOTAL UNITS

57

UNIT SIZE RANGE

930-1,030 sqft

Description

Terrace Condominium sits at 3 Richardson St in Wakefield, MA. This low-rise building consists of 1 story and contains 57 units. Built in 1971, it has a solid structure and offers a variety of unit sizes ranging from 930 to 1,030 square feet. Residents can find options with either one or two bedrooms. Recent prices show a range from $360,000 to $395,500. The lowest sold price in the last 12 months was around $345,000, while the average closed price is about $347,500. The average price per square foot is $413. Units typically spend around 50 days on the market. Amenities enhance daily life in this condominium. Residents can enjoy laundry facilities, a pool, and tennis courts. Nearby, there are parks, golf courses, and bike paths for outdoor activities. Highway access, public transportation, and services like schools and places of worship are also close by. The building enjoys proximity to local eateries like Ristorante Molise. This adds convenience for dining options. The area provides a well-rounded selection of services and activities for residents. Overall, it's a comfortable place to live with ample amenities and an engaging neighborhood. In summary, Terrace Condominium offers modern living with practical amenities. Its location near parks, transportation, and dining makes it appealing. The building combines a solid structure with a welcoming community atmosphere.

Next

Description

Terrace Condominium sits at 3 Richardson St in Wakefield, MA. This low-rise building consists of 1 story and contains 57 units. Built in 1971, it has a solid structure and offers a variety of unit sizes ranging from 930 to 1,030 square feet. Residents can find options with either one or two bedrooms. Recent prices show a range from $360,000 to $395,500. The lowest sold price in the last 12 months was around $345,000, while the average closed price is about $347,500. The average price per square foot is $413. Units typically spend around 50 days on the market. Amenities enhance daily life in this condominium. Residents can enjoy laundry facilities, a pool, and tennis courts. Nearby, there are parks, golf courses, and bike paths for outdoor activities. Highway access, public transportation, and services like schools and places of worship are also close by. The building enjoys proximity to local eateries like Ristorante Molise. This adds convenience for dining options. The area provides a well-rounded selection of services and activities for residents. Overall, it's a comfortable place to live with ample amenities and an engaging neighborhood. In summary, Terrace Condominium offers modern living with practical amenities. Its location near parks, transportation, and dining makes it appealing. The building combines a solid structure with a welcoming community atmosphere.

Terrace Condominium Market Stats Last 12 months

Avg. Listed Price-

Avg. Sale Price$347,500($413/Sqft.)
Year over year list price0.00%

Year over year sale priceUp Arrow 6.92%
Total Listings0 Listed

Total sold2 Sold
Average Days on Market50 days

Average HOA fees per sqft$2 /monthly
Next

Market Stats

Year over year list price0.00%

Year over year sale priceUp Arrow6.92%
Total Listings0 Listed

Total sold2 Sold
Average Days on Market50 days

Average HOA fees per sqft$2 /monthly

Glen Gardens Estate Availability & Demand

Unit Availability

-
High availability buildings list units frequently.

Unit Availability helps to understand how often units in a particular building are listed for sale as compared with the neighborhood average. Units are rarely listed in buildings with low availability.

Unit Demand

-
Units in high-demand buildings sell quicker.

Unit Demand is a measure of quickly units in a particular building sell as compared with other buildings in the neighborhood. Units in high-demand buildings sell more quickly.

For Sale 0 For Sale

Terrace Condominium Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit C6C686921442025-06-26
MLS#: 73373909
Closed$395,500
Unit E1E183521522024-12-13
MLS#: 73305124
Closed$345,000
Unit F2F285021472024-11-25
MLS#: 73300551
Closed$350,000
Unit C6
C6

2 Beds

1 Baths

869 sqft


DateStatusPrice
2025-06-26Closed$395,500
MLS#: 73373909
Days On Market44
Unit E1
E1

2 Beds

1 Baths

835 sqft


DateStatusPrice
2024-12-13Closed$345,000
MLS#: 73305124
Days On Market52
Unit F2
F2

2 Beds

1 Baths

850 sqft


DateStatusPrice
2024-11-25Closed$350,000
MLS#: 73300551
Days On Market47
View Complete Unit Listing HistorySource By: MLSPIN

Amenities

What makes life at the Terrace truly special are the fantastic amenities accessible to residents. Picture yourself unwinding by the sparkling pool on hot summer days or challenging neighbors to a friendly tennis match. If you’re out for a jog, nearby bike paths and parks feature beautiful scenery, encouraging a healthy, outdoor lifestyle. The building provides essential amenities like hot water and laundry facilities, plus other perks like stable access for horse lovers and proximity to fantastic public transportation options. Whether you’re lounging in the garden area or spending time at the conservation park, you'll find plenty of opportunities to relax and have fun.

Next

Amenities Description

What makes life at the Terrace truly special are the fantastic amenities accessible to residents. Picture yourself unwinding by the sparkling pool on hot summer days or challenging neighbors to a friendly tennis match. If you’re out for a jog, nearby bike paths and parks feature beautiful scenery, encouraging a healthy, outdoor lifestyle. The building provides essential amenities like hot water and laundry facilities, plus other perks like stable access for horse lovers and proximity to fantastic public transportation options. Whether you’re lounging in the garden area or spending time at the conservation park, you'll find plenty of opportunities to relax and have fun.

Parking
Parking
Locker
Locker
Concierge
Concierge
Elevator(s)
Elevator(s)
Central AC
Central AC
Pool
Pool
Check Icon
Fitness Center
Fitness Center
-
Visitors Parking
Visitors Parking
Next

Amenities

Security System

Security System

Laundry

Laundry

Tennis Court(s)

Tennis Court(s)

Patio

Patio

Balcony

Balcony

Pool

Pool

Policies

One of the best parts about Terrace Condominium is its welcoming atmosphere, as the building policies are designed to enhance communal living. You can feel at ease knowing that there are clear guidelines in place to ensure a pleasant living experience for everyone. Ghosts of restrictions are kept at bay here, allowing you to truly make the space your own!

Next

Amenities Description

One of the best parts about Terrace Condominium is its welcoming atmosphere, as the building policies are designed to enhance communal living. You can feel at ease knowing that there are clear guidelines in place to ensure a pleasant living experience for everyone. Ghosts of restrictions are kept at bay here, allowing you to truly make the space your own!

Pet Allowed
Pet Allowed
BBQ Permitted
BBQ Permitted
Sublet Allowed
Sublet Allowed
Short-term Rental Allowed
Short-term Rental Allowed

Compare with Buildings in the Neighbourhood (Last 12 Months)

Compare building's average price/sq. ft. and HOA fees/sq. ft. to buildings nearby

Building NameAvg price per square footAVG HOA FEE per square foot (Monthly)
Terrace Condominium$413/sqft.$2 /sqft.
3 Richardson St$428/sqft.$2 /sqft.
WAKEFIELD LANDING$691/sqft.$3 /sqft.
Richardson Street Condominium$524/sqft.$2 /sqft.
16 Richardson St$524/sqft.$2 /sqft.
14 W Water St$669/sqft.$3 /sqft.

Nearby Schools

Discover top-rated schools located close to Terrace Condominium.

Galvin Middle School

B
Public|Grades 5–8
525 Main St|0.19 miles away

Early Childhood Center at the Doyle School

--
Public|Grades PK–PK
11 Paul Ave|1.11 miles away

Woodville School

C-
Public|Grades KG–4
30 Farm St|1.26 miles away

Wakefield Memorial High School

B+
Public|Grades 9–12
60 Farm St|1.28 miles away

Walton

D
Public|Grades KG–4
18 Davidson Rd|1.38 miles away

Dolbeare

A-
Public|Grades KG–4
340 Lowell St|1.75 miles away
Next

Schools

Galvin Middle School

B
Public|Grades 5–8
525 Main St|Less than 1 Mile Away

Early Childhood Center at the Doyle School

--
Public|Grades PK–PK
11 Paul Ave|1.11 Miles Away

Woodville School

C-
Public|Grades KG–4
30 Farm St|1.26 Miles Away

Wakefield Memorial High School

B+
Public|Grades 9–12
60 Farm St|1.28 Miles Away

Walton

D
Public|Grades KG–4
18 Davidson Rd|1.38 Miles Away

Dolbeare

A-
Public|Grades KG–4
340 Lowell St|1.75 Miles Away

Northeast Metro Regional Vocational

D-
Public|Grades 9–12
100 Hemlock Rd|1.75 Miles Away

Greenwood

A-
Public|Grades KG–4
1030 Main St|1.85 Miles Away

Odyssey Day School

--
Private|Grades PK–8
2 Audubon Rd|2.26 Miles Away

Central Middle School

A
Public|Grades 5–8
101 Central St|2.40 Miles Away

Kinder Care Learning Center

--
Private|Grades PK–KG
136 Franklin St|2.63 Miles Away

St Patrick Elementary School

--
Private|Grades PK–8
20 Pleasant St|2.65 Miles Away

Transit

Experience convenience and connectivity with premium transit options just moments away.

Main St @ Richardson St

0.05 miles away|1 min walk

Main St @ Galvin Middle School

0.06 miles away|2 min walk

Main St @ North St

0.22 miles away|5 min walk

Main St @ Nahant St

0.23 miles away|5 min walk

Main St @ Water St

0.24 miles away|5 min walk

Main St opp Charles St

0.5 miles away|10 min walk
Next

Transit

Main St @ Richardson St

0.05 miles away|1 min walk

Main St @ Galvin Middle School

0.06 miles away|2 min walk

Main St @ North St

0.22 miles away|5 min walk

Main St @ Nahant St

0.23 miles away|5 min walk

Main St @ Water St

0.24 miles away|5 min walk

Main St opp Charles St

0.5 miles away|10 min walk

Main St @ Charles St

0.51 miles away|10 min walk

North Ave @ Chestnut St - Commuter Rail Station

0.56 miles away|11 min walk

Salem St @ Main St

0.77 miles away|15 min walk

Main St @ Green St

0.79 miles away|16 min walk

Main St opp Green St

0.8 miles away|16 min walk

Salem St @ Pleasant St

0.82 miles away|16 min walk

North Ave @ Church St

0.86 miles away|17 min walk

Pleasant St @ Wave Ave

1.07 miles away|21 min walk

814 Main St

1.23 miles away|24 min walk

Opp 818 Main St

1.25 miles away|24 min walk

Pleasant St @ Sweetser St

1.32 miles away|26 min walk

North Ave @ Winn St

1.42 miles away|28 min walk

Cordis St @ Court St

1.46 miles away|28 min walk

Greenwood - Main St @ Walton Pl

1.48 miles away|29 min walk

Main St @ Walton Pl

1.48 miles away|29 min walk

Cordis St @ Vernon St

1.49 miles away|29 min walk

Greenwood - Main St @ Forest St

1.49 miles away|29 min walk

Main St @ Forest St

1.49 miles away|29 min walk

Greenwood

1.61 miles away|31 min walk

North Ave @ Wolcott St

1.62 miles away|32 min walk

Vernon St @ Lowell St

1.63 miles away|32 min walk

Main St @ Oak St

1.7 miles away|33 min walk

Main St @ Greenwood Plaza

1.77 miles away|34 min walk

Lowell St @ Magnolia Terr

1.77 miles away|34 min walk

Lowell St opp Pleasant St

1.86 miles away|36 min walk

Main St @ Greenwood School

1.88 miles away|37 min walk

Main St opp Greenwood School

1.88 miles away|37 min walk

North Ave opp Lakeview Office Pk

1.89 miles away|37 min walk

Main St @ Pitman Ave

2.05 miles away|40 min walk

Main St opp Pitman Ave

2.06 miles away|40 min walk

Main St @ Grafton St

2.19 miles away|42 min walk

Lowell St @ Main St

2.2 miles away|43 min walk

Main St @ Hanson St

2.22 miles away|43 min walk

Main St @ Collincote St

2.34 miles away|45 min walk

159 Main St opp Collincote St

2.36 miles away|46 min walk

Redstone Shopping Center Access Rd

2.36 miles away|46 min walk

Main St @ Flint St

2.36 miles away|46 min walk

Main St @ Humphrey St

2.38 miles away|46 min walk

Redstone Shopping Center

2.49 miles away|48 min walk

Main St @ Elm St

2.5 miles away|48 min walk

Main St @ Bay State Rd

2.53 miles away|49 min walk

Main St opp Bay State Rd

2.53 miles away|49 min walk

Main St @ William St

2.61 miles away|50 min walk

Main St @ Lindenwood Rd

2.65 miles away|51 min walk

The Neighbourhood: Terrace Condominium

Similar Buildings Nearby

Add to favoritesAdd to favorites (hover)
3 Richardson St
3 Richardson St, Wakefield, MA
Click to see listings
Add to favoritesAdd to favorites (hover)
3 Summit Ter
3 Summit Ter, Reading, MA
Click to see listings
Add to favoritesAdd to favorites (hover)
Summit Towers Condominiums
3 Summit Terrace, Reading, MA
Click to see listings
Add to favoritesAdd to favorites (hover)
68 Main
68 Main, Stoneham, MA
Click to see listings
Add to favoritesAdd to favorites (hover)
3 Richardson St
3 Richardson St, Wakefield, MA
Click to see listings
Add to favoritesAdd to favorites (hover)
3 Summit Ter
3 Summit Ter, Reading, MA
Click to see listings
Add to favoritesAdd to favorites (hover)
Summit Towers Condominiums
3 Summit Terrace, Reading, MA
Click to see listings
View All Similar Buildings

Terrace Condominium Demographics

Age Demographics

0–14 Years

15.95%

15–29 Years

15.06%

30–44 Years

22.18%

45–59 Years

23.36%

60+ Years

23.45%

Commute

8.25%

Transit

3.2%

Walk

74.15%

Drive

0.04%

Bike

Housing Ownership

65.83%

Owner Occupied

34.17%

Rental Units

Household Types

Single Family
25.07%
Multi Family
5.75%
Single Person
33.69%
Multi Person
66.31%

Average Income

Household:$10,230,040.24 /yr

Individual:$5,727,414.03 /yr

Education

Bachelors Degree30.02%
High School College22.55%
Diploma8.35%
Post Graduate22.17%
Others16.91%
Next

Education

Diploma8.35%
Post Graduate22.17%
Others16.91%
Get the HelloCondo Newsletter
Real-estate tips, insights, and market reports in your inbox.
Newsletter
  1. Home
  2. /Wakefield, MA
  3. /
    Terrace Condominium
Nearby Cities
Rockport
Buildings
1 Albert
1 Albert Dr
10 Beacon
10 Beacon St
100 Baldwin Ave
1001 Main St
1011 Main
1011 Main St
1047 Main St
12 Edwards Rd
12 Green St
12 Lawrence
12 Lawrence St
141 Pierce St
141 Washington Cir
15 Prospect St
LEDGEWOOD
Middlesex Village Condominiums
Sturgis St Condominium
Neighborhoods
CambridgeportCoolidge CornerFenway / Kenmore
Inner BeltLower HighlandsMagoun SquareMaplewood HighlandsMattapanMid-CambridgeMount HoodNobscotNorth MedfordOak HillProctorRaymond FarmsRobert'sSeaportSouth SalemThe IslandWatertown West End
ZIP Codes
014600146301464
0177501776018400186001863018760202502067020900211502118021200212102199022220245802770
Community
100 High Street Condominiums100 Waite Street Condominiums215 Washington Avenue Apartments
56 Franklin Avenue Apartments741 Massachusetts Avenue Condominiums76-78 Warren Avenue Condominiums960 BroadwayAddison Place CondominiumsAmaranth Place CondominiumsAmbassador Manor CondominiumsAmbassador North ApartmentsAnderson VillageArlington TerraceAtlanticaAtwood EstatesAVALON BURLINGTONAvon House CondominiumsBeacon Woods CondominiumsBelmont Arms CondominiumsBelmont Lofts Condominiums
HelloCondo Logo
HelloCondo Logo
HelloCondo Is The #1 Condo Search Platform And Real Estate Recommendation Engine. Search, Find And Buy The Perfect Condo And Get Matched With The Best Agents. Finding A Condo Has Never Been So Easy.

HelloCondo is a division of HelloCasa, LLC

FacebookIconInstagramIconXIconRedditIcon

HelloCondo

Find A RealtorTerms of UsePrivacy PolicyCalifornia Privacy NoticeAccessibility PolicyCCPA Notice on CollectionDMCABrowseNYS Standard Operating ProcedureNYS Fair Housing Notice

Contact

LocationIcon
300 Galleria Pkwy SE, Suite 1500,
Atlanta, GA 30339
PhoneICon
(855) 625-0319
EmailIConhello@hellocondo.com
Contact Us

For Sale

Condos for saleTownhomes for sale
AgentIcon
LocationIcon

The Market

Lindsay Higgins

PO Box 290148 Boston, MA 02129

PhoneICon781-789-2740
EmailIConLindsay@TheMarket.Properties
© HelloCondo 2026. All Rights Reserved.