42 Commonwealth, Irvine, CA 92618 Property Records

Orange County property record for 42 Commonwealth, Irvine, CA 92618 · Last verified August 2026

Property Highlights

Property TypeResidential > Single Family > Home
Bedrooms3 Beds
Bathrooms2.5 Baths
Year BuiltBuilt 2000
Square Footage2,363 sqft Living Area
Lot Size4,084 sqft (0.094 acres)
OccupancyOwner Occupied
Last Sale$765,000 (2003)
Tax Bill$11,599.00 (2025)

Property Details

APN / Parcel Number

Primary APN466-331-15

Interior

Bedrooms3 Beds
Full Baths2.5 Baths
Partial Baths1 Partial Baths
Building Area2,363 sqft Living Area

Exterior

Year BuiltBuilt 2000
Effective Year BuiltEffective 2000
Lot Area4,084 sqft (0.094 acres)
Parking Spaces2 Parking Spaces
Garage Area438 sqft Garage

Location & Zoning

Street Address42 COMMONWEALTH
CityIRVINE
StateCA
Zip92618-7004
Property UsageResidential Property Usage
TypeResidential > Single Family > Home
Legal DescriptionN TR 15844 BLK LOT 15
Legal SubdivisionTRACT NO. 15844
Legal Tract15844
Legal Lot Number15
JurisdictionORANGE CA
Minor Civil DivisionIRVINE-LAKE FOREST
Census Blockgroup3
Census Block3001
Census Tract52532

Owner

Source: Orange County records · APN 466-331-15

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 Record2 Individual Names on File
Mailing Address42 COMMONWEALTH, IRVINE, CA 92618-7004
OccupancyOwner Occupied
Owner TypeOwner is an Individual, Couple or Unincorporated Entity
VestingJoint Tenants

Deeds, Mortgages & Sale History

DateDocument
Feb 21, 2024Intrafamily Transfer, Transfer · Conventional Mortgage
EMET LENDING GROUP INC
Jan 31, 2018Deed of Trust, Mortgage · Line of Credit
BANK OF AMERICA

Assessor's Deed Record

Deed Names2 Verified Names on Deed
Last SaleDec 19, 2003 · Amount on Record
Deed SaleDec 19, 2003 · Amount on Record
Prior SaleJun 13, 2001 · Amount on Record
Deed Doc Number20031500394
Last Transfer DateFeb 15, 2024
Transfer Doc0000037407
Record RefreshedSep 20, 2026

February 2024: Intrafamily Transfer, Transfer

Document TypeIntrafamily Transfer
JurisdictionORANGE CA
Recording DateFeb 21, 2024
Property Address42 COMMONWEALTH, IRVINE, CA 92618-7004
Document Number0000037407
Map ReferenceMB 797 PG 22-25
Instrument DateFeb 15, 2024
Instrument2024000037407
Transaction TypeTransfer
Record UpdatedMar 04, 2024
Title CompanyWFT NATIONAL TITLE, WFG NATIONAL TITLE

Transaction

Tax$0.00
Amount AccuracyTransfer Tax Exempt
Additional
  • Interfamily Transfer

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipJoint Tenants
Address42 COMMONWEALTH, IRVINE, CA 92618-7004

Mortgage

Document Number0000037408
DateFeb 21, 2024
Instrument2024000037408
Lender
NameEMET LENDING GROUP INC
TypeMortgage Company
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term361 Months
DueMar 01, 2054

January 2018: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionORANGE CA
Property Address42 COMMONWEALTH, IRVINE, CA 92618-7004
Document Number0000045451
Instrument DateJan 31, 2018
Transaction TypeMortgage
Record UpdatedAug 30, 2018
Title CompanyAMERICAN TITLE COMPANY

Transferred To (Grantee/Buyer)

NameVerified Name
Address42 COMMONWEALTH IRVINE CA 926187004, IRVINE, CA 92618-7004

Mortgage

Document Number0000045451
DateFeb 08, 2018
Instrument45451
Lender
NameBANK OF AMERICA
TypeBank
AddressTAMPA, FL 33634
Agreement
TypeLine of Credit
AmountAmount Recorded
Interest
Rate TypeAdjustable Rate

Tax Assessment & Valuation

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

Property Jurisdictions

TypeName
StateCalifornia
CountyOrange County
MunicipalityIrvine City
Unified School DistrictIrvine Unified School District (KG - 12)

Tax Bill & Assessment History

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

YearTax BillAssessed Value
2026$1,109,416 (+2%) Land $696,923 Building $412,493
2025$11,599.00 (+4.15%) Homeowner's exemption$1,087,663 (+4.04%) Land $683,258 Building $404,405
2023$11,137.00 (+1.89%)$1,045,429 Land $656,727 Building $388,702
2022$10,930.00

Flood & Wildfire

42 Commonwealth is in FEMA Zone X, outside the Special Flood Hazard Area, with no wildfire exposure.

Flood

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

FEMA Flood ZoneZone X
minimal flood hazard · outside the 0.2% annual chance floodplain
Special Flood Hazard AreaNo

Wildfire

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

Wildfire Risk to HomesNot rated
no burnable land in reach
Wildfire LikelihoodNegligible
ExposureNone
beyond ember reach of burnable land

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

Nearby Properties on Commonwealth

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