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

Terrace Condominium

3 Richardson St., Wakefield, MA, 01880

0 Units for Sale

Building imageView Listing
MLS ID #73305124
Building ImagesView ListingMLS ID #73305124
Building ImagesView ListingMLS ID #73305124
Building ImagesView ListingMLS ID #73300551
Building ImagesView ListingMLS ID #73300551
YearBuilt

Year Built

1971

Stories

# Stories

1

#TotalUnits

# Total Units

57
UnitSizeRange

Unit Size Range

930-1,030 sqft

UnitDemand

Unit Demand

Stories

-

UnitAvailability

Unit Availability

Stories

-


About Terrace Condominium

Terrace Condominium is a single-story condominium building established in 1971, offering 1 and 2-bedroom units. This building is conveniently located at 3 Richardson St., within the zip code 01880. Unit prices range from $350,000 to $345,000, making it an accessible option for various buyers. Residents can enjoy a wide range of amenities, including a tennis court, golf facilities, a pool, and a garden area. The building also provides access to a bike path and features laundry facilities for added convenience. Unique amenities offer opportunities for recreation and leisure, such as a stable and nearby conservation area, enhancing the living experience within this condominium community. The surrounding environment offers easy highway access and public transportation options, ensuring connectivity and convenience for daily commuting or leisure travel. Proximity to parks and places of worship adds to the community feel in the area. Terrace Condominium balances urban amenities with recreational facilities, making it an appealing choice for those seeking a comprehensive living environment. The combination of practical unit configurations and diverse amenities caters to varying preferences and lifestyle needs.

Building imageView Listing
MLS ID #73305124
Building ImagesView ListingMLS ID #73305124
Building ImagesView ListingMLS ID #73305124
Building ImagesView ListingMLS ID #73300551
Building ImagesView ListingMLS ID #73300551

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.

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

Building 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!

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

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Terrace Condominium Market Report (last 12 months)

Avg. List Price
$341,634 ($462/Sqft.)
Year-Over-Year List Price
Up Arrow 8.46%
Total Listings
Listings3
Avg. Days On Market
Calendar49
Avg. Sale Price
$340,000 ($460/Sqft.)
Year-Over-Year Sale Price
Up Arrow 4.62%
Total Sold
Sold3
Avg. HOA Fees/Sqft
$2 /monthly

Terrace Condominium Sales 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

Days On Market44

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

2 Beds

1 Baths

835 sqft

Days On Market52

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

2 Beds

1 Baths

850 sqft

Days On Market47

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

The Neighborhood :

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Living in Terrace Condominium

Condo Living at Terrace Condominium, located at 3 RICHARDSON ST., WAKEFIELD, MA:

Are you considering making the leap into homeownership? If so, the Terrace Condominium might just be the ideal starting point for you! Situated in the charming town of Wakefield, this cozy one-story condominium building offers an inviting community feel along with modern conveniences. Built in 1971, the Terrace boasts a comfortable layout suited to first-time buyers eager to immerse themselves in condo living.

Building Features and Unit Availability:

Walking through the well-maintained premises, you'll notice that Terrace Condominium houses a total of 57 units, with sizes ranging between 930 to 1,030 square feet—perfect for young professionals or couples just starting their journey together. If you’re itching to settle down here, it’s important to know that there are currently no units available. However, the demand for units is often something to keep an eye on, as these homes can be quite popular among first-time buyers.

Life at Terrace Condominium:

Picture your daily routine as you awaken in a cozy yet functional space designed to meet all your needs. With the tight-knit community at the Terrace, you’ll quickly make friends and enjoy getting to know your neighbors. From weekend barbecues to morning coffee runs, the lifestyle here encourages socialization among residents. It’s an exciting chapter, perfect for young individuals looking to create lasting memories in their first home.

  1. Home
  2. /Wakefield, MA
  3. /
    Terrace Condominium
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ZIP Codes
014640170201730
0174601749018270184501854018640187901890019050194002019020250211502163023460235002739
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