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119 N Walnut Street

MILFORD, DE 19963
  • $699,000
  • STATUS: Active Under Contract
  • ON SITE: 610 Days
  • ID#: DEKT237426
Under Contract
UPDATED: 45 min ago
$699,000
  • 6
    BEDS
  • 0.22
    ACRES
  • 5
    BATHS
  • 2
    1/2 BATHS
  • 5,852
    SQFT
  • $119
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1857
County:

School Ratings & Info

School District:

Description

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 However, the House of Representatives repealed the incorporation of the Bank of Milford in 1852 due to allegations of fraud by three of the shareholders.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.

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©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or CoastLine Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-12-04T10:51:48.49.
www.coastline-realty.com/homes/104761999
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119 N Walnut Street MILFORD, DE 19963

  • Price: $699,000
  • Status: Active Under Contract
  • On Site: 610 Days
  • Updated: 45 min ago
  • ID#: DEKT237426
6
Beds
5
Baths
2
½ Baths
0.22
Acres
5,852
SQFT
$119
$/SQFT
1857
Built
Neighborhood:
None Available
County:
Kent
Area:
Milford (30805)
School District:
Milford
Property Description
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.
Exterior Features

Architectural Style Other Construction Materials Brick Door Features Double Entry Exterior Features Outbuilding(S)Lawn Sprinkler Fencing PrivacyRear Garage Spaces 1.00 Garage Type Garage Door Opener Garage YN Yes Lot Features CornerLandscaping Other Structures Above GradeBelow Grade Parking Features PublicPrivate Parking Types Detached GarageDrivewayOff StreetParking Lot Patio And Porch Features Patio(S)Brick Pool Yes - Personal Pool Features In Ground Property Condition Good Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 5852 Basement Interior AccessShelvingUnfinishedWalkout Stairs Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Other Exclusions Please See List Of Exclusions Fireplace Features Mantel(S)Non-Functioning Fireplace YN Yes Fireplaces Total 12 Furnished Partially Heating Forced Air Heating YN Yes Inclusions AppliancesWindow Treatments Interior Features 2nd KitchenAdditional StairwayBuilt-InsCarpetCrown MoldingsFormal/Separate Dining RoomKitchen - GourmetKitchen - IslandStall ShowerUpgraded CountertopsWindow TreatmentsWood Floors Laundry Type Main FloorHas Laundry Levels 3 Main Level Bedrooms 6 Room List Living RoomDining RoomPrimary BedroomSitting RoomBedroom 2Bedroom 3Bedroom 4KitchenLibraryFoyerBedroom 1Storage RoomEfficiency (Additional) Rooms Total 16 Security Features Exterior CamerasFire Detection SystemMonitoredSecurity System

Property Features

Accessibility Features None Assessment Year 2019 Association YN No Central Air YN No Condo YN No Cooling Fuel Electric Heating Fuel Natural GasOil Historic YN Yes Hot Water Tankless Lease Considered YN No Navigable Water YN N New Construction YN No Original MLSNumber 304080864068 Ownership Interest Fee Simple Possession Settlement Sale Type Standard Senior Community YN No Sewer Public Sewer Structure Design Type Detached Tax Annual Amount 2823.00 Tax Assessment Amount 58100.00 Tax Lot 5800-000 Vacation Rental YN No Water Source Public Window Features Replacement Year Built Effective 2016 Zoning C2

Listing courtesy of Keller Williams Realty Central-Delaware.


©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or CoastLine Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-12-04T10:51:48.49.
 
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