Terrace Condominiums
3 Richardson St, Wakefield, MA, 01880
Year Built
1971
# Stories
1
# Total Units
41
Unit Size Range
528-1,030 sqft
Unit Demand
Low
Unit Availability
Low
About Terrace Condominiums
Terrace Condominiums, a single-story residential building built in 1971, offers 1 and 2-bedroom units. Situated at 3 Richardson St in Wakefield, MA, this property provides a variety of amenities designed for comfort and recreation. Residents can enjoy a tennis court, golf facilities, and a community pool. The property also provides laundry facilities and access to hot water. Outdoor enthusiasts will find the nearby bike path and conservation area appealing, while the garden area offers a tranquil space for relaxation. The convenience of public transportation is readily available, making commuting simple for residents. Highway access further enhances connectivity to surrounding urban amenities and points of interest. For equestrian enthusiasts, stable facilities are available, ensuring comprehensive recreational options. The area surrounding Terrace Condominiums includes a park and a house of worship, contributing to the community-oriented environment. Unit prices range from $350,000 to $345,000, accommodating various housing needs and budgets. This property combines essential urban amenities with natural outdoor elements, providing a balanced lifestyle for its residents.
Amenities
Living at Terrace Condominiums means enjoying a variety of impressive amenities right at your doorstep. Imagine leisurely afternoons spent at the pool, playing tennis, or taking a stroll along the bike path. For those who love the outdoors, the nearby conservation area, garden, and park provide fantastic spaces for relaxation and recreation. Plus, you'll have easy access to laundry facilities and hot water—details like these can transform condo living from ordinary to extraordinary.
Parking
Locker
Concierge
Elevator
Central AC
Pool
Fitness Center
Visitors ParkingBuilding Policies
It's good to know that Terrace Condominiums uphold a few policies to help maintain harmony in the community. While specific restrictions are in place, they encourage a supportive and adaptable living environment, making it easier for residents to connect and thrive. Feel free to ask any questions about what the policies entail to ensure a smooth transition into your new home.
Pets Allowed
Short-term Rental Allowed
BBQ Permitted
Sublet AllowedLoading...
Terrace Condominiums Market Report (last 12 months)
12.21%
4
48 8.88%
4Terrace Condominiums Sales History
| 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 |
The Neighborhood :
Living in Terrace Condominiums
Condo Living at Terrace Condominiums, located at 3 RICHARDSON ST, WAKEFIELD, MA:
Welcome to Terrace Condominiums! Nestled in the charming town of Wakefield, this one-story condo building offers a cozy community feel combined with convenient living. Built in 1971, the Terrace Condominiums stand out not just for their long-standing legacy, but also for the warmth they radiate to their residents. If you’re a first-time buyer eager to find your perfect match, this could be the ideal place to start your homeownership journey.
Building Features and Unit Availability:
With a total of 41 units, the Terrace Condominiums offer a range of sizes from 588 to 1,030 square feet, catering to various budgets and lifestyle choices. While unit availability is currently low, a cozy home awaits you in this established community. The demand may be lower, but that also means you can explore the existing options without the headaches of overwhelming competition—perfect for those just stepping into the real estate game.
Life at Terrace Condominiums:
The sense of community at Terrace is palpable. You’ll find a mix of young professionals and families since 40.89% of the residents are single individuals and 33.28% are couples. The close-knit environment not only makes it a welcoming place but also fosters friendships that make living here special. Whether you're grabbing coffee at a local café or joining neighbors for community events, there's always something happening to keep you engaged.
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