Listing Courtesy Of:
Keller Williams Realty Central-Delaware, 3026770020,
Yvonne Hall
Estimation provided by Keller Williams Realty Inc.
6 Beds
7 Baths
sq ft
ac
Closed
Sold
Open House:
(Local time)
See More Open House Schedules
Property Description
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 However, the House of Representatives repealed the incorporation of the Bank of Milford in 1852 due to allegations of fraud by three of the shareholders.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.
Assessed Value is a combination of the land and additions.
2023
(-)
Land 5,300 +
Additions 51,800
2021
(-)
Land 5,200 +
Additions 52,900
2019
(-)
Land 5,200 +
Additions 52,900
2018
(+)
Land 5,200 +
Additions 52,900
2017
Land 5,200 +
Additions 52,900
Date
Event
Price
2022-06-10T00:00:00.000Z
Sold
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
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