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1940 Laketon Rd, Pittsburgh, PA, 15221

2beds
1baths
714sqft
$25,700
$36price/sqft
$401/moest. monthly cost
$16,040/yrincome needed

About This Home

Take advantage of this great opportunity in Wilkinsburg. This cozy two-bedroom, one-bath home, offering a surprisingly private setting while still being close to everything. The upper-level layout gives the home a tucked-away feel as you reach the main living area. The property does need a full renovation, making it ideal for anyone looking for a project or wanting to create a personalized living space. With the right vision, this home has the potential to become a truly charming.

Getting Around

23
WalkingCar-Dependent
36
TransitSome Transit
28
BikeSomewhat Bikeable

Schools

4/10
--
Kelly Primary SchoolGrades PK-11.6 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1925

Materials

  • Roof: Composition
  • Construction materials: Aluminum Siding,Brick

Type & Style

  • Home type: SingleFamily
  • Architectural style: Two Story
  • Property subType: Single Family Residence

Interior

Basement

  • Has basement: Yes
  • Basement: Interior Entry

Bedroom2

  • Level: Upper

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Dining Room

  • Level: Main

Heating

  • Heating features: Forced Air,Gas

Interior Area

  • Total structure area: 714
  • Total interior livable area: 714 sqft

Kitchen

  • Level: Main

Living Room

  • Level: Main

Master Bedroom

  • Level: Upper

Property

Details

  • Parcel number: 0297E00223000000

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None

Lot

  • Lot size: 3,001 sqft
  • Lot size dimensions: 0.0689

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate

How This Home’s Risks Compare

Cold Wave

FEMA Declared Disasters Across Pennsylvania Counties

Flood
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $129$1,548
Home Insurance *$17$204
Property Taxes $31$372
Electricity $224$2,692
Total$401$4,812
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$13,748/yr
40% on housing$12,030/yr
45% on housing$10,693/yr

Pennsylvania FAIR Plan Programs

Insurance Placement Facility of Pennsylvania/FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 8,982Commercial: 984
Total Premiums$5.34M
Total Exposure$1.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.3%
8.3%
0%30.0%
Electricity Growth Rate10-year average: 8.4%
8.4%
0%15.0%
Property Taxes Growth Rate2-year average: -1.5%
-1.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$36This listing

vs Other Active Listings

Avg $/sqft

ZIP 15221$101
Allegheny County$158

vs Homes Sold Last Month

Median $/sqft

ZIP 15221$141
Allegheny County$167

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2025-12-11Listed for sale$25,700

For Sale by Agent

AgentMiadia Carswell Flannagan
BrokerageCOLDWELL BANKER REALTY

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