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$699,000
119 N Walnut St, Milford, DE 19963
6 Beds
7 Baths
5,852 sqft

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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 However, the House of Representatives repealed the incorporation of the Bank of Milford in 1852 due to allegations of fraud by three of the shareholders.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. Sellers are currently operating as a B&B. 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 (for upholstery business), office and 1/2 bath.
  • Price:
  • $699,000
  • Bedrooms:
  • 6
  • Full Baths:
  • 5
  • Half Baths:
  • 2
  • Square Footage:
  • 5,852
  • Acreage:
  • 0.22
  • Year Built:
  • 1857
  • Listing ID #:
  • DEKT237426
  • Street Address:
  • 119 N Walnut St
  • City:
  • Milford
  • State:
  • Delaware
  • Postal Code:
  • 19963
  • County:
  • Kent
  • Community:
  • Milford (30805)
  • Subdivision:
  • None Available
  • Listing Status:
  • Active
  • Listing Type:
  • Residential
  • Basement Type:
  • Interior Access, Shelving, Unfinished, Walkout Stairs
  • Building Condition:
  • Good
  • Building Security:
  • Exterior Cameras, Fire Detection System, Monitored, Security System
  • Doors And Windows:
  • Double Entry
  • Dwelling Type:
  • Detached
  • Exterior Features:
  • Outbuilding(s), Lawn Sprinkler
  • Finished Above Ground Square Footage:
  • 5852
  • Finished Square Feet:
  • 5852
  • Fireplace:
  • Mantel(s), Non-Functioning
  • Fireplace:
  • Yes
  • Furnished:
  • Partially
  • Has Basement:
  • Yes
  • Historic Building:
  • Yes
  • 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
  • Other Buildings:
  • Above Grade, Below Grade
  • Other Buildings:
  • Cabana/Pool House
  • Square Footage Source:
  • Assessor
  • Stories:
  • 3
  • Total Building Square Footage:
  • 5852
  • Windows:
  • Replacement
  • Year Built:
  • 1857
  • Year Built Source:
  • Assessor
  • Approximate Lot Size Range Source:
  • Assessor
  • Conforms To Zoning:
  • C2
  • Lot Description:
  • 188.00 X 52.00
  • Lot Features:
  • Corner, Landscaping
  • Lot Square Footage:
  • 9776.00
  • Days On Market:
  • 376
  • Excluded:
  • Please See List Of Exclusions
  • Included In Sale:
  • Appliances, Window Treatments
  • On Market Date:
  • 2020-12-15
  • Originating Mls:
  • Bright
  • Special Conditions Of Sale:
  • Standard
  • Building Name:
  • None Available
  • In City Limits:
  • Yes
  • Street Type:
  • Street
  • Subdivision:
  • None Available
  • Price Per Square Foot:
  • 119.45
  • Property Taxes:
  • $2,823
  • Tax Year:
  • 2019
  • Full Bathrooms On Main Level:
  • 7.00
  • Laundry:
  • Main Floor, Has Laundry
  • Room Description:
  • Living Room, Dining Room, Primary Bedroom, Sitting Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Library, Foyer, Bedroom 1, Storage Room, Efficiency (additional)
  • Total Rooms:
  • 16
  • Fence:
  • Privacy, Rear
  • Garage Capacity:
  • 1.00
  • Garage Description:
  • Garage Door Opener
  • Has Garage:
  • Yes
  • Parking Description:
  • Public, Private
  • Parking Spaces:
  • 6
  • Parking Type:
  • Detached Garage, Driveway, Off Street, Parking Lot
  • Pool Description:
  • Yes - Personal
  • Cooling Fuel:
  • Electric
  • Existing Water:
  • Public
  • Heating:
  • Forced Air
  • Heating Fuel:
  • Natural Gas, Oil
  • Sewage Type:
  • Public Sewer
  • Water Heater:
  • Tankless
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By Keller Williams Realty Central-Delaware
  • © 2021 BRIGHT, All Rights Reserved BRIGHT

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