WT John ST buys 142 E John St in Matthews for $1.82 million

The restaurant at 142 E John St in Matthews sold for $1,825,000. That is 6.1 times the $300,000 paid in 1997, the last sale on record, according to the Assessor. The $1,825,000 price is shown by transfer tax paid on a special warranty deed recorded October 14, 2026 with the Mecklenburg County Register of Deeds.

The deed covers 2 parcels. 142 E John St is the largest one we could identify. The recorder's index lists WT John ST LLC as the buyer.

The Assessor's records show 3,809 square feet of building area, a build year of 1973 and a 0.55-acre lot. The price works out to $479 per square foot. The market value on record is $1,129,700, and the sale price is 62% above that.

This summary was written by AI from public sales records and checked by automated rules. The figures come from the record and the NetSheet.org rules engine. How we make these.

What were the closing costs in Mecklenburg County?

By our estimate, the seller's two largest charges, not counting prorations, were $3,650 for the excise tax on conveyances (revenue stamps) and $300 for the seller's attorney fee. Who pays what follows Mecklenburg County custom.

How much did the seller net?

By our estimate, the seller netted about $1,810,243. That is before any broker commissions and any loan payoff.

How much cash did the buyer bring to closing?

A cash buyer would need about $1,819,754 at closing. That covers the full price and closing costs.

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