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40 Folly Field Rd

Hilton Head Island, SC 29928

2 bd 2 ba 996 sqft Built 1980 condos
Most recent sale
$535,000
Aug 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 5, 2025 Sold $580,000 LRMLS
Aug 26, 2022 Sold $535,000 Public Record
Aug 22, 2022 Sold $535,000 MLS #425382
Jul 19, 2022 Relisted $559,000 MLS #425382
May 22, 2022 Listed $559,000 MLS #425382
Nov 9, 1993 Sold $88,900 Public Record
Mar 1, 1982 Sold $98,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $15,540 $4,023
2019 $15,540 $3,878
2018 $13,320 $3,168
2017 $11,590 $2,885
2016 $11,590 $2,742
2015 $11,590 $2,627
2014 $193,085 $2,591
2013 $11,590 $2,500
2012 $10,070 $1,979
2011 $10,070 $1,960
2010 $10,070 $1,935
2009 $10,070 $1,886
2008 $8,760 $1,831
2007 $8,760 $1,749

Property facts

Year built
1980
Property type
condos
Stories
Beds
2
Baths
2
Living area
996 sqft
Lot size
ZIP code
29928
City
Hilton Head Island
Street
Folly Field Rd
Coordinates
32.19855, -80.69277

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,210
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 40 Folly Field Rd last sell?
40 Folly Field Rd most recently sold on Aug 22, 2022 for $535,000.
What is the current tax assessment for 40 Folly Field Rd?
The most recent total assessment for 40 Folly Field Rd (year 2020) is $15,540 with $4,023 in property tax.
How does 40 Folly Field Rd's assessment compare to its last sale price?
The current assessment is 97.1% below the last sale price of $535,000.
When was 40 Folly Field Rd built?
40 Folly Field Rd was built in 1980.
How does 40 Folly Field Rd compare to others on Folly Field Rd?
We track 8 other properties on Folly Field Rd. Browse the list under "Other properties on Folly Field Rd" to compare beds, baths, and sale history.
What are the property facts for 40 Folly Field Rd?
40 Folly Field Rd is a 2 bed, 2 bath, 996 sqft condos.
Is 40 Folly Field Rd a flip candidate?
No — 40 Folly Field Rd does not appear in our flips dataset.
Is 40 Folly Field Rd a tax-appeal candidate?
No — 40 Folly Field Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.6%
Implied 1-yr
+2.5%
2026 Q3
$1.31M
2026 Q4
$1.31M
ZIP 29928 — Median Price History + Forecast

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