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  3. Wakefield, MA
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  5. Terrace Condominium
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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 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 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 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.

Next

Description

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.

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.

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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

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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%
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  2. /Wakefield, MA
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    Terrace Condominium
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017480189001905
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