242 Merit, Irvine, CA 92618 Property Records

Orange County property record for 242 Merit, Irvine, CA 92618 · Last verified August 2026

Property Highlights

Property Type	Residential > Condominium / Townhouse > Condominium
Bedrooms	3 Beds
Bathrooms	2.5 Baths
Year Built	Built 2022
Square Footage	1,798 sqft Living Area
Garage	514 sqft
Occupancy	Owner Occupied
Last Sale	$1,264,000 (2022)
Tax Bill	$19,953.00 (2025)

Property Details

APN / Parcel Number

Primary APN	`930-158-56`

Interior

Bedrooms	3 Beds
Full Baths	2.5 Baths
Partial Baths	1 Partial Baths
Building Area	1,798 sqft Living Area

Exterior

Year Built	Built 2022
Effective Year Built	Effective 2022
Architectural Style	Condo/Apartment Style
Parking Spaces	2 Parking Spaces
Garage Area	514 sqft Garage

Location & Zoning

Street Address	242 MERIT
City	IRVINE
State	CA
Zip	92618-1416
Property Usage	Residential Property Usage
Type	Residential > Condominium / Townhouse > Condominium
Legal Description	N TR 18183 BLK LOT 136 UN 116 LOT 136 OF TRACT 18183 OF CONDO PROJECT 930-15
Legal Tract	18183
Legal Lot Number	136
Jurisdiction	ORANGE CA
Minor Civil Division	IRVINE-LAKE FOREST
Census Blockgroup	6
Census Block	6063
Census Tract	52439

Owner

Source: Orange County records · APN 930-158-56

Assessment roll updated August 4, 2026 · Last verified August 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Individual Name on File
Mailing Address	242 MERIT, IRVINE, CA 92618-1416
Occupancy	Owner Occupied
Owner Type	Owner is an Individual, Couple or Unincorporated Entity

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Verified Name on Deed
Last Sale	Nov 09, 2022 · Amount on Record
Deed Sale	Nov 09, 2022 · Amount on Record
Deed Doc Number	2022359076
Record Refreshed	Sep 20, 2026

November 2022: Grant Deed, Subdivision Related Transfer

Document Type	Grant Deed
Jurisdiction	ORANGE CA
Recording Date	Nov 09, 2022
Property Address	242 MERIT, IRVINE, CA 92618-1416
Document Number	0000359076
Map Reference	MB 980 PG 15-42
Instrument Date	Oct 27, 2022
Instrument	2022000359076
Transaction Type	Subdivision Related Transfer
Record Updated	Sep 15, 2023
Title Company	FIRST AMERICAN TITLE COMPANY HOMEBU, FIRST AMER TTL CO HOMEBUILDE

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on File
Loan-to-Value (LTV)	LTV on Record
Tax	$0.00
Amount Accuracy	Rounded Values by County
Additional	Arms Length Transaction

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Tenants In Common
Address	242 MERIT, IRVINE, CA 92618-1416

Mortgage

Document Number	0000359077
Date	Nov 09, 2022
Instrument	2022000359077

Lender

Name	BANK OF AMERICA NA
Type	Bank

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	361 Months
Due	Dec 01, 2052

Interest

Rate Type	Adjustable Rate
Rate	4.12%
Type Change Date	Dec 01, 2032
Change Frequency	6 Months
Min Rate At Change	3%
Max Rate At Change	9.12%
Index	Other
Max Rate	9.12%

Tax Assessment & Valuation

Source: Orange County records · Assessment roll updated August 4, 2026 · Last verified August 2026

Property Jurisdictions

Type	Name
State	California
County	Orange County
Municipality	Irvine City
Unified School District	Irvine Unified School District (KG - 12)

Tax Bill & Assessment History

Assessed value is set for property tax purposes and is not a market price estimate.

Year	Tax Bill	Assessed Value
2026		$1,326,510 (+2%) Land $938,771 Building $387,739
2025	$19,953.00 (+4.29%) Homeowner's exemption	$1,300,500 (+4.04%) Land $920,363 Building $380,137
2023	$19,132.00 Homeowner's exemption	$1,250,000 Land $884,623 Building $365,377

Flood & Wildfire

242 Merit is in FEMA Zone X, outside the Special Flood Hazard Area, with direct wildfire exposure (Moderate risk).

Flood

Source: FEMA National Flood Hazard Layer · Orange County (06059C), updated September 27, 2026

FEMA Flood Zone	Zone X minimal flood hazard · outside the 0.2% annual chance floodplain
Special Flood Hazard Area	No

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities · 2nd edition (2024), fuels as of 2020

Wildfire Risk to Homes	Moderate 66th percentile of exposed land nationally · 41st in California
Wildfire Likelihood	High — about 1 in 326 per year
Exposure	Direct burnable vegetation at the parcel

Values are read at the parcel center point; lenders make the official flood determination.