45 Folly Field Rd Apt 6j

Hilton Head Island, South Carolina, 29928

Redeemable DeedpendingSells Oct 5, 2026 · 5 days ago

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SqFt: 757
Year Built: 1981
APN: R510 009 000 0903 006J

Property Type: Condo
Distressed: Bank Owned
Vacant: No
Owner Type: Company
Owner Status: Absentee (Out of State)
Length of Ownership: 2 Years 4 Months
Purchase Method: Cash Purchase
County: Beaufort

Value

Estimated Value: $365,000
County Market Value: $390,000; 2025
Assessed Value: $23,400; 2025

Mortgage & Debt

Open Mortgages: 0
Estimated Balance: $0
Lien Flags: None recorded; RealEstateAPI flags · not a lien search

Last Sale

Public Record: $390,000; 04/17/2024
Document Type: Deed

Opportunity

Opening Bid: $7,304
Bid / Value: 2%; of $365,000
Property Tax 2025: $6,004; annual bill · not the amount owed
Equity (est.): $365,000; 100%

Opening bid

$7,304

Assessed value

$23,400

Market / AVM

$365,000

Property tax 2025

$6,004

Annual bill — the sale list gives no amount owed

Property facts enriched via realestateapi · 10/1/2026

Ownership Information

Owner 1 Name: Nuview Trust Co
Owner 2 Name: Mark Destefano Ira
Mailing Address: 280 S Ronald Reagan Blvd, Longwood, FL 32750
Owner Type: Company
Corporate Owned: No

Property Characteristics

Total Rooms: 5
Air Conditioning Type: Central

Deal analysis

School	Type	Grades	Rating	Enrollment
Hilton Head Island High School	Public	9-12	7	1,322
Hilton Head Island Middle School	Public	6-8	5	1,003
Hilton Head Island School For The Creative Arts	Public	PK-5	4	681
Hilton Head Island International Baccalaureate Elementary School	Public	1-5	5	944

Recorded	Amount	Type	Lender	Rate Type	Term	Maturity	Doc #	Open
03/27/2023	$274,500	Conventional	Loandepot.Com Llc		360	04/01/2053	2023012889	No
06/01/2017	$471,800	Unknown	Georgia Banking Co				2017029241	No
04/25/2008	$50,000	Credit Line (Revolving) / HELOC	Regions Bank	Variable	230	01/23/2028	2008025511	No

Sale Date	Recorded	Amount	Document	Doc #	Arm's Length	Method	Buyer	Seller
04/17/2024	05/08/2024	$390,000	Deed	2024020312	Yes	Cash Purchase	Nuview Trust Co, Mark Destefano Ira	Uma Periyanayagam, Chandreshkumar Parmar
03/08/2021	03/08/2021	$247,000	Warranty Deed	2021016962	Yes	Financed	Uma Periyanyagam, Chandreshkumar Parmar	Richard James Camputaro Jr, Stephanie Anne Manley
04/22/2010	06/03/2010		Intrafamily Transfer	2010028471

Your maximum bid

$209,510

Walk away above this. Projected profit at the ceiling: $109,500 (30% of ARV).

Opening bid $7,304

Room to bid $202,206

Confidence: medium — ARV from a provider market estimate, not comps.

History-guided suggestion

$79,806

Under max by $129,704

≤ oracle maxBid

Co-pilot target using recorded auction history. Never above your maximum bid.

History sample

—

Median sold

—

p(redeem) prior

—

No historical bucket for SC|Redeemable Deed; suggestion uses oracle only.

Your assumptions

After-repair value (ARV)

Override the derived estimate with real comps

Rehab budget

You cannot inspect before bidding — budget for the worst plausible condition

Known surviving liens

Municipal code enforcement, special assessments, federal tax liens

Target margin — 30%

Required profit as a share of ARV. 30% is a common floor for tax-sale flips.

How that number is built

Provider market estimate of $365,000. This is an as-is valuation, not an after-repair one — enter your own comparable-sales figure if the property needs work.

After-repair value: $365,000
Selling costs on exitassumed 8.0% of ARV — agent commission plus seller-side closing.: −$29,200
Rehabassumed No rehab budget entered — assumed $0. Tax-sale parcels are sold unseen and un-inspected; this is rarely correct.: −$0
Quiet title (required)assumed Midpoint of the typical SC range ($1,800–$5,000, ~5 months).: −$3,400
Deed recording and transferassumed Typical SC recording and deed issuance cost.: −$250
Holding costs (24 months)assumed Taxes, insurance, and securing the property at ~$548/month.: −$13,140
Surviving liensassumed Assumed $0 — not verified. Municipal code-enforcement liens, special assessments, and federal tax liens can survive the sale.: −$0
Target profit (30% of ARV): −$109,500
Maximum bid: $209,510

If the owner redeems

Flat penalty

You'd receive

$6,285

Window

365 days

A 3% flat penalty applies if the owner redeems. It is a penalty, not annual interest — the rate does not change with how early they redeem.

Quoted elsewhere as 12% annualised — true only if they redeem on the last possible day and you immediately redeploy the capital. Treat the flat penalty as the real number.

Before you bid

Rehab is assumed to be $0. You cannot inspect these properties before bidding — budget for the worst plausible condition.
Surviving liens assumed $0. THE PENALTY IS CAPPED AT THE OPENING BID. § 12-51-90 provides that interest due on redemption may not exceed the forfeited land commission's bid under § 12-51-55 — roughly taxes plus costs. The tiers above are therefore a ceiling reached only by a bid at or near the minimum; a purchase at several times the minimum collects the same capped sum, so the effective yield falls as the premium rises.
South Carolina's ratio depends on the property's CLASS, and this entry uses the 6% residual. A parcel actually carrying the 4% legal-residence ratio will have its ARV understated by a third here, which is the safe direction. A manufacturing or utility parcel assessed at 10.5% is the dangerous one: dividing by 0.06 overstates its value by roughly 1.75x. Confirm the class on the assessor's record before bidding on anything that is not ordinary residential or commercial land.

45 Folly Field Rd Apt 6j

Value

Mortgage & Debt

Last Sale

Opportunity

Ownership Information

Property Characteristics

45 Folly Field Rd Apt 6j

Value

Mortgage & Debt

Last Sale

Opportunity

Ownership Information

Property Characteristics

Building Size

Land/Location Information

Legal Description

Tax Assessment Information

Last Non-Arm's Length Ownership Transfer

Recording Information

Buyer/Seller Information

Last Arm's Length Sale Information

Recording Information

Buyer/Seller Information

Distress Flags

Area

Fair Market Rents

Schools

Tax Assessment Information

Mortgage History

Sale History

County records

Beaufort County rules

Historical comps

Verify before you bid