5515 Gray Rd is a 865 square foot house on a 41.81 acre lot with 2 bedrooms and 1 bathroom. Based on Redfin's Timberlake data, we estimate the home's value is $756,380.
Single-familyProperty Type
1970Year Built
41.81 acresLot Size
$874Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$756,380
$39K since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 115.1% higher than the average sale price ($352K) of 6 comparable homes.
As the MLS and public records start to fill up, we'll list the details here.
Year
Property tax
Land + Additions
Assessment*
2025
$1,090 (−10.8%)
$625,060 + $91,500
$716,560
2024
$1,222 (+2.3%)
$255,359 + $83,800
$339,159
2023
$1,194 (+1.4%)
$255,359 + $83,800
$339,159
2022
$1,178 (+1.2%)
$255,359 + $83,800
$339,159
2021
$1,163 (+2.0%)
$255,359 + $83,800
$339,159
2020
$1,141 (−2.0%)
$235,050 + $80,200
$315,250
2019
$1,164 (+5.3%)
$235,050 + $80,200
$315,250
2017
$1,106 (+22.2%)
$235,050 + $80,200
$315,250
2016
$905
$235,050 + $80,200
$315,250
2015
$905 (+2.3%)
$27,884 + $59,026
$86,910
2014
$885 (+2.0%)
$235,000 + $59,026
$294,026
2013
$868 (+4.8%)
$235,000 + $59,026
$294,026
2011
$828 (+1.2%)
$27,884 + $59,026
$86,910
2010
$818
$235,000 + $59,026
$294,026
Tax history for 5515 Gray Rd
Year
Property tax
Land + Additions
Assessment*
2025
$1,090 (−10.8%)
$625,060 + $91,500
$716,560
2024
$1,222 (+2.3%)
$255,359 + $83,800
$339,159
2023
$1,194 (+1.4%)
$255,359 + $83,800
$339,159
2022
$1,178 (+1.2%)
$255,359 + $83,800
$339,159
2021
$1,163 (+2.0%)
$255,359 + $83,800
$339,159
2020
$1,141 (−2.0%)
$235,050 + $80,200
$315,250
2019
$1,164 (+5.3%)
$235,050 + $80,200
$315,250
2017
$1,106 (+22.2%)
$235,050 + $80,200
$315,250
2016
$905
$235,050 + $80,200
$315,250
2015
$905 (+2.3%)
$27,884 + $59,026
$86,910
2014
$885 (+2.0%)
$235,000 + $59,026
$294,026
2013
$868 (+4.8%)
$235,000 + $59,026
$294,026
2011
$828 (+1.2%)
$27,884 + $59,026
$86,910
2010
$818
$235,000 + $59,026
$294,026
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
AR
Agricultural Residential District
The purpose of the Agricultural Residential (AR) District is to assist in the preservation of land suitable, as a result of location, existing farming operations, soils and topography, for agricultural, silvicultural or horticultural uses and to protect such uses from the adverse effects of incompatible land uses.
Property details
Interior
Bathroom Information
# of Full Baths: 1
Fireplace Information
# of Fireplaces: 1
Has Fireplace
Room Information
# of Rooms: 5
Exterior
Exterior Information
Floor Construction Type: Plywood
Foundation Type: Pier
Building Style Type: Log
Exterior Wall: Frame
Roof Shape Type: Gable
Building Type: Single Family
Property Information
Subdivision Name: PROPERTY/JAMES WUENSCHER
Living Sq. Ft: 865
Gross Sq. Ft: 2,337
Building Sq. Ft: 865
# of Stories: 1
Legal Description: S/S SR 1526
Lot Information
# of Buildings: 1
Land Sq. Ft: 1,821,244
Municipality Name: LITTLE RIVER TWP
Acres: 41.81
Zoning Code: AR
County Use Description: RESIDENTIAL- IMPROVED
Financial
Assessor Information
Assessment Year: 2025
Tax District County: CTY & LITTLE RIVER FIRE
Public facts
Beds: 2
Baths: 1.0
Sq. Ft.: 865
Stories: 1.0
Lot Size: 41.81 acres
Style: Single Family Residential
Year Built: 1970
Year Renovated: 1985
County: Orange County
APN: 9990835606
Home facts updated by county records on Sep 8, 2026
Around this home
Schools
Pathways Elementary
Public PreK-5 • Assigned • 10.1mi
7/10
Orange Middle School
Public 6-8 • Assigned • 10.9mi
5/10
Orange High
Public 9-12 • Assigned • 10.9mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.31% chance of being in a wildfire in next 30 years
5/10 Heat Factor
7 days above 103° expected this year, 16 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Timberlake, NC • 27583
Average low and high temperatures (°F)
46
27
52
33
68
43
75
51
76
55
87
65
88
71
80
64
78
61
70
48
64
41
51
32
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.1 hours in
June and 5.1 hours in December, which is comparable to the
U.S. average for solar exposure.
9.1 hrs
5.1 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$719,000 – $870,000
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