See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

1055 E Lake Rd, Transfer, PA, 16154

5beds
2baths
--sqft
$259,900
--price/sqft
$1,921/moest. monthly cost
$76,840/yrincome needed

About This Home

Your Perfect Home is waiting for your personal touches! This large and spacious 2 Story, 5 Bedroom Farmhouse offers plenty of charm and potential, featuring a 3-Car Attached Garage plus an additional Detached 1-Car Garage. The Main Floor includes a Spacious Kitchen, along with Elegant French Doors separating the Living Room and Dining Room, creating both openness and character. A convenient half Bath is also located on the Main Level......A 5th Bedroom is located on the Main Level ....Upstairs, you will find 4 comfortable Bedrooms, a Full Bath and a Walk-up Attic offering additional storage or future possibility's.......The property provides ample space for Gardening, Outdoor Activities, and enjoying Country living. The Home features a Full Basement with walk-out access to the Attached Garage for added convenience. Basement also has a "Pittsburgh Shower"....This very well maintained Home has updated double hung windows, plus a newer roof.....Short Drive to Beautiful Shenango Lake for family outings that include boating and swimming ! Amenities close by also include the Incredible Tara which is a a must for special Dinner celebrations ! Guard Home Warranty is included.....

Getting Around

2
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

6/10
Reynolds El SchoolGrades K-62.5 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1928

Materials

  • Roof: Asphalt
  • Construction materials: Vinyl Siding

Type & Style

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

Interior

Basement

  • Has basement: Yes
  • Basement: Full,Walk-Out Access

Bedroom2

  • Level: Upper
  • Dimensions: 10x12

Bedroom3

  • Level: Upper
  • Dimensions: 10x12

Bedroom4

  • Level: Main
  • Dimensions: 9x12

Bedroom5

  • Level: Upper

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1

Dining Room

  • Level: Main
  • Dimensions: 14x15

Entry Foyer

  • Level: Main
  • Dimensions: 8X9

Features

  • Window Treatments
  • Window features: Window Treatments
  • Flooring: Hardwood,Vinyl,Carpet
  • Number of fireplaces: 1
  • Fireplace: Yes

Heating

  • Heating features: Gravity,Oil

Kitchen

  • Level: Main
  • Dimensions: 13x15

Living Room

  • Level: Main
  • Dimensions: 13x16

Master Bedroom

  • Level: Upper
  • Dimensions: 11x12

Property

Details

  • Parcel number: 03108040

Features

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

Lot

  • Lot size: 1.64 Acres
  • Lot size dimensions: 177 x 404

Parking

  • Total spaces: 3
  • Parking features: Attached,Detached,Garage
  • Has garage: Yes

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

  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Hail
Inland Flooding
Lightning
Strong Wind
Winter Weather

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 $1,314$15,768
Home Insurance *$154$1,848
Property Taxes $229$2,748
Electricity $224$2,692
Total$1,921$23,052
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$65,862/yr
40% on housing$57,630/yr
45% on housing$51,226/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: 9.6%
9.6%
0%30.0%
Electricity Growth Rate10-year average: 8.4%
8.4%
0%15.0%
Property Taxes Growth Rate2-year average: -3.3%
-3.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 16154$101
Mercer County$135

vs Homes Sold Last Month

Median $/sqft

ZIP 16154$199
Mercer County$85

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
2026-08-15Pending sale$259,900
2026-07-22Listed for sale$259,900
2026-05-30Contingent$259,900
2026-05-15Listed for sale$259,900

For Sale by Agent

AgentVeronica Palmer
BrokerageBERKSHIRE HATHAWAY THE PREFERRED REALTY

Similar Homes