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3832 Mill Creek Road
Hockessin, DE 19707
Peter Meyer with Meyer & Meyer Realty, original listing - (302) 994-9600
$449,900
Conventional
Property
Bedroom
2
Bathroom
Full: 1
Property Type
Conventional
Square ft
1500 Square Feet
Property Description
One of a kind Historical home, that is thought to be built by the Mendenhall Family likely in the late 1790's. This stone structure at 3832 Mill Creek Road was one of seven mills that operated along the Brandywine River. By the 1860s, the structure shows up in the US census as being owned by Thomas Worrell. As the Civil War began, an advertisement in the newspaper, The Delaware Republican, shows Thomas Worrell seeking wool for his mill in 1861. Documents at Hagley Museum indicate that Worrell was producing a product called kersey, a material that was used to make uniforms for Union soldiers. Worrell eventually sold his mill to George Gibson and the mill was abandoned in the late 1890s, based on historical pictures uncovered at Hagley. In 1946, the son of the owner of the stately Federal home that sits across the street from the mill married and he converted the surviving stone structure into a home for his new bride. The house was renovated using 18th century floors, doors and hardware giving it an authentic historic feel. The turned staircase comes from an old home in Wilmington. There’s even a porcelain face mortared into the fireplace as a memorial to the millworkers who once worked the property. The flooring in the living room and entrance is believed to be the original wood when it was constructed. The setting on the Brandywine River is a relaxing lifestyle that allows you to sit on your deck and view the wild life literally on your property. The home is surrounded by County land that will probably never be developed. If you are looking special home with modern conveniences but the details of the past, this is a home that you want to view. Large two bedrooms, Oil forced air with central a/c. Stone Foundation and Cedar Shingles. Home is owned by a Delaware Realtor. Call to schedule your tour and have a peaceful time walking back in the past and enjoying the Brandywine River.
Property Information
Lot Size
0 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
1790
MLS Number
--
Location
Address
3832 MILL CREEK ROAD
City
HOCKESSIN
State
DE
Zip Code
19707
County
NEW CASTLE (WILMINGTON)
Listing
Name
Phone
(302) 994-9600
Office Name
Office Phone
(302) 994-9600
Agent Name
Peter Meyer
Agency Phone
(302) 994-9600

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As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.