The architecturally expressive and spatially developed rural cult complex includes a church built in the traditions of 17th-century Kostroma architecture, which acquired a new appearance due to later chapels, and a bell tower in the classical style. The paintings and iconostases of the church, recognized as outstanding works by local masters, are of particular value. The complex is located on the top of a gentle hill, near the old Kostroma road, and dominates the open landscape. The tall Teterinskaya bell tower is visible from Nerekhta, located 6 km away.

In the 16th-15th centuries, the village of Teterinskoye with its villages belonged to the boyar Alexander Osty, and later to his son and grandson Andrei Romanovich Ostyek Khryul, who transferred it to the Pereslavl Goritsky Monastery. In 1627-1628, there were two wooden churches in the village: the cold Nikolskaya with chapels of the Assumption and the prophet Daniel, and the warm Paraskeva Friday. From 1720 to 1724, at the initiative of Archimandrite Lev Yurlov and parishioners, a new stone five-domed church with a refectory, a northern chapel, and a tented bell tower was built on the site of the first. The chapel in honor of Nicholas the Wonderworker was consecrated in 1724, and the main altar, dedicated to the Assumption of the Mother of God, a year later. In 1745, the church became a parish church of the Kostroma diocese. In the 18th-19th centuries, major works were carried out, initiated by Peter Agrikolyansky, who was appointed priest here in 1791. Under his leadership, by 1797, the church territory was surrounded by a stone fence with gates, wickets, and a watchman's lodge. From 1795 to 1799, the walls of the church were painted by masters from Bolshie Soli. The main contributors were Gavriil and Vasily Stepanov, as evidenced by the inscription on the southern portal of the church. The four-tiered main iconostasis of the church, similar in shape to the iconostasis of the Annunciation Church in Protasovo, consecrated in 1782, likely dates back to the 18th century. In 1805-1806, the old refectory was dismantled, leaving only the apse of the Nikolsky chapel, and a new one was built according to the project of merchant Pyotr Andreyevich Vorotilov with two symmetrical chapels. The northern Nikolsky chapel retained its previous dedication, while the southern was consecrated in honor of the Nativity of the Mother of God. The works were carried out under the supervision of Vorotilov and apprentice Dmitry Nikitin. Vorotilov also created one of the chapel iconostases. In 1813, the upper octagon of the old bell tower was dismantled, and a new bell tower was laid to the west of the church. However, due to the weakness of the walls, it collapsed. In 1814, under the supervision of priest Mikhail Yakovlevich Diev, a new bell tower was laid according to the project of architect Gaudenzio Marichelli. The works were carried out by Vasily Semyonov and Ivan Nikitin, peasants from the village of Dievy Gorodishchi. In 1820, the 62-meter bell tower was completed. In the 19th century, during the renovation of the chapels, their iconostases were replaced. It is likely that at this time the window embrasures of the church were changed to rectangular from the outside. In 1846, a parish school was opened at the church, which in 1897 was moved to a new two-story stone building in the southwest corner of the fence. At the same time, the gates and wickets were partially rebuilt, and a new watchman's lodge appeared in the northeast corner of the fence. In 1906, Ivan Osipovich Trubnikov repaired the main iconostasis, and his son Joseph updated the paintings in the church and painted the main altar. Later, the same artel painted the vaults of the refectory and chapels, and in 1908, external paintings were made on the false zakomaras of the church and the western facade of the old bell tower. In the 1990s, a women's monastic community was formed at the Assumption Church, which received the status of a monastery, the Assumption Teterinskaya Desert, in 1993. In the 21st century, an extension made of silicate brick was added to the northern facade of the old bell tower. All elements of the complex are made of brick and plastered.