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Atlanta, GA 30339
3 Richardson St., Wakefield, MA, 01880
UNIT SIZE RANGE
930-1,030 sqft
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.
3 Richardson St., Wakefield, MA, 01880
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 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.
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 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.
| Unit | Size (sqft) | Beds | Baths | Days On Market | Date | Status | Price | |
|---|---|---|---|---|---|---|---|---|
| C6 | 869 | 2 | 1 | 44 | 2025-06-26 MLS#: 73373909 | Closed | $395,500 | |
| E1 | 835 | 2 | 1 | 52 | 2024-12-13 MLS#: 73305124 | Closed | $345,000 | |
| F2 | 850 | 2 | 1 | 47 | 2024-11-25 MLS#: 73300551 | Closed | $350,000 |

2 Beds
1 Baths
869 sqft
| Date | Status | Price |
|---|---|---|
| 2025-06-26 | Closed | $395,500 |

2 Beds
1 Baths
835 sqft
| Date | Status | Price |
|---|---|---|
| 2024-12-13 | Closed | $345,000 |

2 Beds
1 Baths
850 sqft
| Date | Status | Price |
|---|---|---|
| 2024-11-25 | Closed | $350,000 |
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.
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.
Security System
Laundry
Tennis Court(s)
Patio
Balcony
Pool
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!
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!
Compare building's average price/sq. ft. and HOA fees/sq. ft. to buildings nearby
| Building Name | Avg price per square foot | AVG 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. |
15.95%
15.06%
22.18%
23.36%
23.45%
8.25%
Transit
3.2%
Walk
74.15%
Drive
0.04%
Bike
65.83%
Owner Occupied
34.17%
Rental Units
Household:$10,230,040.24 /yr
Individual:$5,727,414.03 /yr