3 months on rocket

407 S Walnut St, Milford, DE, 19963

$599,000

Home List Price

$7,113*

Closing Credit

4 Bedrooms
3 Full Baths, 1 Partial
2,827 SqFt
$212/SqFt
House

Location

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407 S Walnut St, Milford$599,000

Buyer Closing Credits

$7,113*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage - Side Entry, Garage Door Opener, Inside Access, Oversized, Asphalt Driveway, Attached Garage, Driveway
Garage2 spaces
Year Built1930
HeatingHeat Pump
CoolingCentral Air, Heat Pump
BasementYes
FireplaceBrick
MLS #DESU2071016
Lot Size0.46 Acres
StatusActive
(ACTIVE)

About 407 S Walnut St

Best of both worlds: Totally renovated Delaware Cape, only 4 blocks from Downtown Milford! Traditional Craftsman styling on the exterior with large open porch across the front. Modern, innovative styling with farmhouse & art deco themes greets you inside. Spacious kitchen and 3 full baths. This 1930's vintage home is completely renovated back to the framing, with all new plumbing, electrical, and mechanical systems in 2023. Featuring an open first floor living plan, first floor primary bedroom & bath, spacious Kitchen, laundry room, and half bath. The second floor offers an open feeling with vaulted ceilings, lounge/den/study landing. The wide hallway serves two bedrooms with ample closets & full double vanity bath. At the end of the hallway, find the 4th bedroom with it’s own bathroom. Twin high efficiency heat pumps, oversized two car garage, and full basement are some of the long list of features you need to see to appreciate!

Property Details

Property Features

Property Information:

  • Architectural Style: Craftsman, Colonial, Cape Cod, Traditional
  • Year Built: 1930
  • Stories: 2
  • Living Area: 2,827 SqFt

Listing Office:

  • Office Name: RE/MAX Horizons
  • Office Phone: (302) 678-4300
  • Listing Agent: JOE WELLS

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Hardwood, Carpet
  • Fireplace: Brick

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Garage - Side Entry, Garage Door Opener, Inside Access, Oversized, Asphalt Driveway, Attached Garage, Driveway

Lot Features

Lot Information:

  • Lot: Trees, Back Yard
  • Lot Size: 0.46 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Central Air, Heat Pump

Other

Directions Information:

  • Directions: From Downtown Milford, take Walnut St south, cross over RR tracks, house is on left near Kings Hwy intersection.

Price Information

Listing Price Info

Price Summary:

  • List Price: $599,000
  • Price Per SqFt: $212/SqFt

Tax Information:

  • Annual Amount: $762
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Milford, DE.

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Milford, DE

City

Med. Sold Price

$350K

Med. Price/SqFt

$203

Avg. Days On Market

60

# of Sold Homes

22

407 S Walnut St vs Milford

108 DAYS ON ROCKET

+48 Days

$599,000

+$249K More

$212/SqFt

+$8 More

KEY TAKEAWAY

This property is $249K more than the Median Sold Price and $8/SqFt more than other homes in Milford, DE.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #DESU2071016

Listing Office:

  • Office Name: RE/MAX Horizons
  • Office Phone: (302) 678-4300
  • Listing Agent: JOE WELLS

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers 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 on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. 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. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/7/2025, 2:22:00 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$762$13,750
2020$764$13,750
2018$773$13,750
2017$71$13,750

History based on county public records data.

Payment Calculator

$3,057

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,862

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-789307
7
/10

  • Ross (Lulu M.) Elementary School

  • 310 Lovers Ln

  • 0.60 miles

  • Public District Grades 1-5

school-card-donut-789308
4
/10

  • Mispillion Elementary School

  • 311 Lovers Ln

  • 0.70 miles

  • Public District Grades 1-5

school-card-donut-789309
6
/10

  • Banneker (Benjamin) Elementary School

  • 449 North St

  • 0.96 miles

  • Public District Grades 1-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $60,612. Residents of Milford, DE typically earn between $35k-100k each year. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 407 S Walnut St

What is the listing price of this property?

The listing price of 407 S Walnut St property is $599,000.

What type of property is this?

The property 407 S Walnut St is a house located in Milford, Delaware, 19963.

Is this property for sale now?

Active Listing: 407 S Walnut St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $762 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 407 S Walnut St has 4 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 407 S Walnut St is 2,827 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 407 S Walnut St is 1930.

Rocket Homes›Delaware›Sussex County›Milford›19963›407 S Walnut St

This home is located at 407 S Walnut St in Milford, DE and zip code 19963. This 2,827 square foot home, which was built in 1930, sits on a 0.46 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since September 20, 2024 and is currently priced at $599,000.

Over 2 listings were sold over their listed price in December 2024 in Milford, DE. In the same period over 11 listings were sold below the listed price and 9 listings were sold for the listed price. In December 2024 in Milford, DE there were 6.9% less homes for sale than in November 2024. While the average time on the market in December 2024 was 60 days, the median list price was $350,000.

From Rocket Homes Real Estate and based on county public records data.

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