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  1. Home/
  2. Wakefield, MA/
  3. Terrace Condominiums

Terrace Condominiums

3 Richardson St, Wakefield, MA, 01880

0 Units for Sale

Building imageView Listing
MLS ID #73373909
Building ImagesView ListingMLS ID #73373909
Building ImagesView ListingMLS ID #73373909
Building ImagesView ListingMLS ID #73305124
Building ImagesView ListingMLS ID #73305124
YearBuilt

Year Built

1971

Stories

# Stories

1

#TotalUnits

# Total Units

41
UnitSizeRange

Unit Size Range

528-1,030 sqft

UnitDemand

Unit Demand

Stories

Low

UnitAvailability

Unit Availability

Stories

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.

Building imageView Listing
MLS ID #73373909
Building ImagesView ListingMLS ID #73373909
Building ImagesView ListingMLS ID #73373909
Building ImagesView ListingMLS ID #73305124
Building ImagesView ListingMLS ID #73305124

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.

ParkingParking
LockerLocker
ConciergeConcierge
ElevatorElevator
Central ACCentral AC
PoolPoolCheck Icon
Fitness CenterFitness Center
-
Visitors ParkingVisitors Parking

Building 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.

Pet AllowedPets Allowed
Short-term Rental AllowedShort-term Rental Allowed
BBQ PermittedBBQ Permitted
Sublet AllowedSublet Allowed

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Terrace Condominiums Market Report (last 12 months)

Avg. List Price
$353,475 ($459/Sqft.)
Year-Over-Year List Price
Up Arrow 12.21%
Total Listings
Listings4
Avg. Days On Market
Calendar48
Avg. Sale Price
$353,875 ($459/Sqft.)
Year-Over-Year Sale Price
Up Arrow 8.88%
Total Sold
Sold4
Avg. HOA Fees/Sqft
$2 /monthly
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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.

  1. Home/
  2. Wakefield, MA/
  3. Terrace Condominiums
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