Beds6
Baths5Full21/2
Sq.Ft.5,852
Year1857
Michael Brown
(302) 258-4368
Status:
Sold
Property Type:Detached
MLS #:DEKT237426
Sq. Feet:5,852
Date Sold:6/10/2022
Lot Size:9,776 Sq. Ft.
County:Kent
Back on the market - Buyer's financing fell through. Designed and built by Alonzo Reynolds, a famous architect and builder in the 19th century, the Bank House was initially built to act as the actual bank house for the President, Directors and Company of the Bank of Milford in 1851. Adrian Olcott was named as President of the newly formed bank and the cashier was William T. Shannon with seven prominent Milford residents acting as shareholders. However, the House of Representatives repealed the incorporation of the Bank of Milford in 1852 due to allegations of fraud by three of the shareholders. Reynolds had not yet finished the Bank House by this point, but Shannon was forced to terminate the contract before selling the building to the Farmers Bank of Delaware. In 1865 the FBD would later sell the incomplete house to Dr. James R. Mitchell, who converted the house into a residence and medical office. The house would pass through many hands over the years, eventually coming into the possession of Charles Parker, an antique collector and dear friend. In his will, Parker left the house in the care of his close friend and neighbor Mike Rivera. The owners Mike and Denise joined forces to bring this historic home back to its previous grandeur and open it to the public to be enjoyed by all who appreciate the history and tales this home has to share. A binder will be available with all the renovation information that includes new windows (58), systems, etc. All rooms have access to common areas on the first and third floors, as well as the exterior of the house. This includes the libraries on the first and third floors, the various sitting rooms, the parlor, the dining room, the pool and gardens. Delaware has an abundance of local breweries, wineries, and distilleries that are always willing to host tours and tastings. From the famous Dogfish Head brewery in Milton, to the 16 Mile Brewing Company in Georgetown, to the local Mispillion River Brewing Company right here in Milford, there is a place to fit any palette. The downtown offers a variety of locally owned shops, art galleries, coffee shops and theatre. Just a short distance away is the beach and outlet shopping. Building in the back is currently one car garage with workshop (previously for upholstery business), office and 1/2 bath. Lovely residential property but could be B&B with special permit or allowable business of your choice.
Detailed Maps
Price Change History
Date | Old Price | New Price | Percent Change |
1/12/2022 | $699,000 | $650,000 | -7% |
6/10/2022 | $650,000 | $620,000 | -4.6% |
Community Information
Address:119 N Walnut St, Milford, DE 19963
Area:Milford (30805)
County:Kent
City:Milford
School System:MILFORD
Zip Code:19963
Architecture
Bedrooms:
6
Bathrooms:
5 Full / 2 Half
Year Built:1857
Stories:3
Style:Other
Construction: Brick
Basement: Interior Access, Shelving, Unfinished, Walkout Stairs
Garage: Public, Private
Garage Size: 1
Features / Amenities
Interior Features: 2nd Kitchen, Additional Stairway, Built-Ins, Carpet, Crown Moldings, Formal/Separate Dining Room, Kitchen - Gourmet, Kitchen - Island, Stall Shower, Upgraded Countertops, Window Treatments, Wood Floors
Fireplace: Mantel(s), Non-Functioning
Primary Flooring: Hardwood
Exterior Features: Outbuilding(s), Lawn Sprinkler
Pool: In Ground
Porch / Patio / Deck: Patio(s), Brick
Security And Fire: Exterior Cameras, Fire Detection System, Monitored, Security System
Other Structures: Above Grade, Below Grade
Fencing: Privacy, Rear
Heating: Forced Air
Total Rooms:16
Rooms
Level | Size | Description | |
Sitting Room | Main Level | 13x15 | |
Library | Main Level | 14x17 | Built-Ins,Fireplace - Other |
Living Room | Main Level | 15x32 | Fireplace - Other |
Foyer | Main Level | 8x25 | |
Dining Room | Main Level | 16x17 | Built-Ins,Fireplace - Other |
Kitchen | Main Level | 17x17 | Kitchen - Gas Cooking,Island,Countertop(s) - Granite |
Efficiency (Additional) | Upper 1 Level | Countertop(s) - Granite,Fireplace - Other,Flooring - Carpet,Flooring - Vinyl | |
Primary Bedroom | Upper 1 Level | 15x16 | Fireplace - Other,Flooring - HardWood |
Sitting Room | Upper 1 Level | 14x15 | Fireplace - Other,Flooring - HardWood |
Library | Upper 2 Level | 15x17 | Built-Ins,Fireplace - Other,Flooring - HardWood |
Bedroom 4 | Upper 2 Level | 14x14 | Fireplace - Other,Flooring - HardWood |
Storage Room | Upper 2 Level | 15x16 | |
Bedroom 3 | Upper 2 Level | 15x16 | Fireplace - Other,Flooring - HardWood |
Bedroom 1 | Upper 1 Level | 14x16 | Fireplace - Other,Flooring - HardWood |
Bedroom 2 | Upper 1 Level | 14x16 | Fireplace - Other,Flooring - HardWood |
Property Features
Lot Size:
0.22 Acres / 9,776 Sq. Ft.
Lot Dimensions:188.00 x 52.00
Lot Description: Corner, Landscaping
Parking Lot - # of Spaces: 5
Water: Public
Sewer: Public Sewer
Zoning:C2
Directions:N Dupont Blvd to N Walnut St, property on the left ( corner of NE 2nd Street)
Tax and Financial Info
Total Taxes: $2,881 (paid Annually)
City Taxes: $1,583 (paid Annually)
Ownership: Fee Simple
City Tax Rate:1,583.00%
Schools
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Listing Information Last Updated 3/28/2024
Listing provided courtesy of Keller Williams Realty Central-Delaware.