870 William Hilton Pkwy

Hilton Head Island, South Carolina, 29928

Redeemable DeedpendingSells Oct 5, 2026 · 4 days ago

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SqFt: 31,172
Lot Size: 233,793
Year Built: 1996
APN: R550 011 000 138B 0000

Property Type: Other
Distressed: No
Vacant: Yes
Owner Type: Company
Owner Status: Absentee (In State)
Length of Ownership: 4 Years
Purchase Method: Financed
County: Beaufort

Value

Estimated Value: $210,000
County Market Value: $3,500,000; 2025
Assessed Value: $210,000; 2025

Mortgage & Debt

Open Mortgages: 1
Estimated Balance: $3,400,000
Lien Flags: None recorded; RealEstateAPI flags · not a lien search

Last Sale

Public Record: $3,500,000; 09/06/2022
Document Type: Limited Warranty Deed

Opportunity

Opening Bid: $65,033
Bid / Value: 31%; of $210,000
Property Tax 2025: $56,203; annual bill · not the amount owed
Equity (est.): $0; 0%
Linked Properties: 9

Opening bid

$65,033

Assessed value

$210,000

Market / AVM

$210,000

Property tax 2025

$56,203

Annual bill — the sale list gives no amount owed

Property facts enriched via realestateapi · 10/1/2026

Ownership Information

Owner 1 Name: Msp Hilton Head Mf Llc
Mailing Address: 741 Meeting St Ste 301, Charleston, SC 29403
Owner Type: Company
Corporate Owned: Yes

Property Characteristics

Basement: No Basement
Porch: Open Porch

Building Size

Deal analysis

Recorded	Position	Amount	Type	Lender	Term	Maturity	Doc #
09/06/2022	First	$3,400,000	Commercial	Nil Funding Corporation	10	03/01/2024	2022051602

Recorded	Position	Amount	Type	Lender	Term	Maturity	Doc #	Open
09/06/2022	First	$3,400,000	Commercial	Nil Funding Corporation	10	03/01/2024	2022051602	Yes
09/26/2007			Commercial	Bank Of America Na			2007072271	No
09/26/2007			Commercial	Bank Of America Na			2007072272	No

Sale Date	Recorded	Amount	Document	Doc #	Arm's Length	Method	Buyer	Seller
09/06/2022	09/13/2022	$3,500,000	Limited Warranty Deed	2022051602	Yes	Financed	Msp Hilton Head Mf Llc	Hcp Acquisition Llc
09/06/2022	09/13/2022		Quit Claim Deed	2022051603	No	Cash Purchase	Msp Hilton Head Mf Llc	Hcp Acquisition Llc
02/19/2016	02/29/2016		Warranty Deed	2016009410	No

Your maximum bid

$118,990

Walk away above this. Projected profit at the ceiling: $63,000 (30% of ARV).

Opening bid $65,033

Room to bid $53,957

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

History-guided suggestion

$81,856

Under max by $37,134

≤ 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 $210,000. 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: $210,000
Selling costs on exitassumed 8.0% of ARV — agent commission plus seller-side closing.: −$16,800
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 ~$315/month.: −$7,560
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): −$63,000
Maximum bid: $118,990

If the owner redeems

Flat penalty

You'd receive

$3,570

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.

870 William Hilton Pkwy

Value

Mortgage & Debt

Last Sale

Opportunity

Ownership Information

Property Characteristics

Building Size

870 William Hilton Pkwy

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

Tax Assessment Information

Open Mortgages

Mortgage History

Sale History

County records

Beaufort County rules

Historical comps

Verify before you bid