Terrace Condominiums

3 Richardson St. # B4, Wakefield, MA 01880

1 for sale 4 recently sold $325K

Independent brokerage page. BMN Boston Powered by SERHANT compiles public MLS listing and sales data for Terrace Condominiums; it is not the building's management company, leasing office, or HOA. Contact Terrace Condominiums directly for management, rental, or maintenance questions.

About Terrace Condominiums

Terrace Condominiums is a residential building built in 1971, located at 3 Richardson St. # B4 in Wakefield, MA 01880. The building features 1 to 3-bedroom residences ranging from 1,300 to 1,767 square feet , with prices from $325K to $396K . There is currently 1 unit available for sale. 4 units have sold in the last two years at an average price of $354K .

Monthly HOA fees at Terrace Condominiums range from $416 to $562 per month and commonly include Heat, Water, Sewer . Parking is typically off street, assigned, deeded, averaging 1.2 spaces per unit.

Figures summarize MLS listing records. Repeat listings can refer to the same residence; records tracked are not the building's total number of units.

Year Built 1971
Listing records tracked 5
For Sale 1
Avg Days on Market 48
Monthly HOA $416–$562
Avg Parking Spaces 1.2

Last updated: 2026-10-05

Unit Types at Terrace Condominiums

Unit Type Beds Baths Sq Ft Price Range Available
1 Bedroom 1 1 0 - 681 sqft $87K - $325K 1 for sale
2 Bedroom 2 1 0 - 902 sqft $64K - $396K None listed
2 Bedroom 2 3 1,760 - 1,767 sqft $545K - $548K None listed
3 Bedroom 3 2 1,300 sqft $103K None listed

Recently Sold at Terrace Condominiums

Average sold price: $354K Average days on market: 48 4 sales in the last 2 years
Address Beds/Baths Sq Ft List Price Sold Price Change Sold Date
3 Richardson St # C6, Wakefield MA 01880 2bd / 1ba 869 $389K $396K +1.7% Jun 25, 2025
3 Richardson St # E1, Wakefield MA 01880 2bd / 1ba 835 $350K $345K -1.4% Dec 12, 2024
3 Richardson St # F2, Wakefield MA 01880 2bd / 1ba 850 $350K $350K +0% Nov 24, 2024
3 Richardson Street # B4, Wakefield MA 01880 1bd / 1ba 588 $325K $325K +0% Nov 13, 2024

Frequently Asked Questions About Terrace Condominiums

Is BMN Boston Powered by SERHANT the management company or leasing office for Terrace Condominiums?

No. BMN Boston Powered by SERHANT is an independent real estate brokerage. We compile public MLS listing and recent-sales data for Terrace Condominiums to help buyers and sellers make informed decisions. We do not manage the building, lease units on behalf of the owner, or handle HOA matters. For management, leasing, or maintenance inquiries, please contact Terrace Condominiums directly.

How many units are for sale at Terrace Condominiums?

There are currently 1 condos for sale at Terrace Condominiums in Wakefield, MA. Prices range from $325K.

What is the price range at Terrace Condominiums?

Prices at Terrace Condominiums range from $325K to $396K based on recent listings and sales. Prices vary by unit size, floor, and finishes.

What are the unit sizes at Terrace Condominiums?

Units at Terrace Condominiums range from 681 to 1,767 square feet, with 1 to 3 bedroom configurations.

How much do condos sell for at Terrace Condominiums?

4 units have sold at Terrace Condominiums in the last two years at an average price of $354K. The average time on market was 48 days.

When was Terrace Condominiums built?

Terrace Condominiums was built in 1971 and is located at 3 Richardson St. # B4 in Wakefield, MA 01880.

What are the HOA fees at Terrace Condominiums?

Monthly HOA fees at Terrace Condominiums $416 to $562 per month. Based on 5 listings with HOA data on file. Fees commonly include Heat, Water, Sewer. Actual fees vary by unit; confirm with the listing agent.

Is parking available at Terrace Condominiums?

Parking at Terrace Condominiums is typically described as off street, assigned, deeded. On average, listings include 1.2 parking spaces. Specific arrangements (deeded, assigned, garage vs. surface) vary by unit.

Looking to Buy or Tour at Terrace Condominiums?

BMN Boston Powered by SERHANT is a real estate brokerage that tracks every MLS listing at Terrace Condominiums. Schedule a tour, ask about a specific unit, or get instant alerts when new listings hit the market — download the app or browse all listings below.

Trying to reach the building's management or leasing office? Search "Terrace Condominiums Wakefield management" — we are not affiliated with the building's management.