$264,000
SOLD SEP 22, 2025

Hilton Head Condo Rentals, LLC 40 Folly Field Rd Unit C348 Hilton Head Island, SC 29928

Folly Field Neighborhood
1 Bed
1 Bath
540 Sq Ft
$527/mo HOA Fee

Recently Sold

$489 Per Sq Ft

9% Below List Price

124 Days on Market

Highlights

  • Community Beach Access
  • Ocean View
  • Fitness Center
  • Hilton Head Island High School Rated A-
  • Golf Course Community
  • Lap Pool

About This Home

As of September 2025

GORGEOUS OCEAN VIEW CONDO! Come see for yourself!! 3rd Floor, 1 bed, 1 bath, and fully furnished! Features include: Stainless steel appliances, granite counters, elegant hall closet system with lots of storage, and modern leather furniture. Bathroom has floor to ceiling tile with elegant glass shower slide door, modern vanity, fixtures, and lighting. Bedroom freshly painted with new bed! New balcony carpeting. Turnkey ready for immediate rental income or perfect for personal retreat! Easy walk to the beach, and close to shopping, parks, and restaurants!

Last Agent to Sell the Property

Eric Bagwell

C 21 A Low Country Realty (060) Listed on: 04/24/2025

Last Buyer's Agent

Deanna Gramoy

C 21 A Low Country Realty (060)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,771

Year Built

  • Built in 1980

HOA Fees

  • $527 Monthly HOA Fees

Parking

  • Unassigned Parking

Property Views

  • Park or Greenbelt

Home Design

  • Brick Exterior Construction
  • Stucco
  • Tile

Interior Spaces

  • 540 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Home Security

Pool

  • Lap Pool
  • Free Form Pool

Utilities

  • Central Heating and Cooling System
  • Heat Pump System

Additional Features

  • Balcony
  • Southeast Facing Home

Listing and Financial Details

  • Tax Lot C348
  • Assessor Parcel Number R510-009-000-0902-348C

Community Details

Overview

  • Association fees include management, common areas, cable TV, insurance, internet, ground maintenance, maintenance structure, pest control, phone, pool(s), reserve fund, sewer, trash, water, high speed internet
  • Hhbt Ocean Villas Subdivision

Amenities

  • Community Barbecue Grill
  • Restaurant

Recreation

  • Community Beach Access
  • Golf Course Community
  • Community Playground
  • Trails

Pet Policy

  • No Pets Allowed

Security

  • Security Guard
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,771

Year Built

Built in 1980

Lot Details

0

HOA Fees

$527 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Ownership: Individual
  • Special Listing Conditions: None
  • Subdivision Name: HHBT OCEAN VILLAS
  • Architectural Style: One Story
  • Building Stories: 1
  • Year Built: 1980
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Furnished
  • Appliances: Dishwasher, Freezer, Disposal, Microwave, Range
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Tile
  • Interior Amenities: Ceiling Fan(s), Elevator, Eat-in Kitchen
  • Living Area: 540.0
  • Dining Room Type: Eat-in Kitchen

Exterior Features

  • Pool Features: Free Form, Lap, Other, Community
  • View: Park/Greenbelt, Ocean
  • View: Yes
  • Construction Type: Brick, Block, Stucco
  • Direction Faces: Southeast
  • Exterior Features: Balcony
  • Patio And Porch Features: Balcony

Garage/Parking

  • Parking Features: Unassigned

Utilities

  • Laundry Features: Common Area
  • Security: Security Guard, Fire Sprinkler System
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric, Heat Pump
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Pool
  • Amenities: Beach Rights, Beach Access, Fitness Center, Golf Course, Barbecue, Playground, Pickleball, Pool, Restaurant, Guard, Tennis Court(s), Trail(s), Cable TV
  • Association Fee: 527.0
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Insurance, Internet, Maintenance Grounds, Maintenance Structure, Pest Control, Phone, Pool(s), Reserve Fund, Sewer, Trash, Water, High Speed Internet

Lot Info

  • Parcel #: R510-009-000-0902-348C

Rental Info

  • Lease Term: Short Term Lease

Tax Info

  • Tax Lot: C348

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 28, 2023
Sold by
Dealwis Dilrukshan I and De Alwis Sharmini
Bought by
Dilrukshan Ivor De Alwis And Sharmini D De Al and De Alwis

Purchase Details

Closed on
Mar 21, 2022
Sold by
Waterside Homes Llc
Bought by
Dealwis Dilrukshan I and De Alwis Sharmini

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,750
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 17, 2012
Sold by
Hensley Chrisanne P
Bought by
Waterside Homes Llc

Purchase Details

Closed on
Nov 3, 2006
Sold by
Smith Charles L
Bought by
Hensley Chrisanne P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 13, 2004
Sold by
Weaver Frank X and Weaver Peggy A
Bought by
Smith Charles L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,600
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Warranty Deed $325,000 Galvin Law Group Llc
Warranty Deed $325,000 None Listed On Document
Warranty Deed $95,000 --
Deed $190,000 None Available
Warranty Deed $102,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $243,750 New Conventional
Previous Owner $100,000 Purchase Money Mortgage
Previous Owner $81,600 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2025 09/22/25 Sold $264,000 -5.7% $489 / Sq Ft
08/26/2025 08/26/25 Pending -- -- --
07/07/2025 07/07/25 Price Changed $279,900 -3.5% $518 / Sq Ft
04/24/2025 04/24/25 For Sale $290,000 -- $537 / Sq Ft
Source: REsides

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,771 $18,710 $0 $0
2023 $4,771 $18,710 $0 $0
2022 $1,635 $5,800 $0 $0
2021 $1,638 $5,800 $0 $0
2020 $1,591 $5,800 $0 $0
2019 $1,481 $5,800 $0 $0
2018 $1,410 $5,800 $0 $0
2017 $1,288 $5,050 $0 $0
2016 $1,213 $5,050 $0 $0
2014 $339 $5,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Eric Bagwell

    Seller's Agent in 2025

    Eric Bagwell

    C 21 A Low Country Realty (060)

    (330) 353-3413

    5 in this area

    20 Total Sales

    Eric Bagwell
    Section Image
  • Deanna Gramoy

    Buyer's Agent in 2025

    Deanna Gramoy

    C 21 A Low Country Realty (060)

    (843) 384-1525

    15 in this area

    50 Total Sales

    Deanna Gramoy
    Section Image
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About Hilton Head Condo Rentals, LLC

Map

Source: REsides

MLS Number: 452876

REsides

APN: R510-009-000-0902-348C

South Carolina Beaufort County Hilton Head Island 29928 Folly Field

40 Folly Field Rd Unit C348, Hilton Head Island, SC

This home is located at 40 Folly Field Rd Unit C348, Hilton Head Island, SC 29928 and is currently priced at $264,000, approximately $488 per square foot. This property was built in 1980. 40 Folly Field Rd Unit C348 is a home located in Beaufort County with nearby schools including Hilton Head Island Early Childhood Center, Hilton Head Island Elementary School, and Hilton Head Island Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REsides We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. All area measurements and calculations are approximate and should be independently verified. Data may be subject to transcription and transmission errors. Accordingly, the data is provided on an “as is” “as available” basis only and may not reflect all real estate activity in the market”. © [2025] REsides, Inc. All rights reserved. Certain information contained herein is derived from information, which is the licensed property of, and copyrighted by, REsides, Inc.

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