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RnB 20 November, 2002

Eminem's House Goes Up (bidding on his home passes $1M!)

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WARREN. Mich. (Detroit News/eBay.com) - Bidding for one of Eminem's boyhood homes has surpassed $1 million on an Internet auction site.

The modest Warren home, listed on eBay since Thursday, was appraised at $91,000. Bidding opened at $120,000, and by Tuesday afternoon, the high bid was just over $1 million.
"It's just amazing the response we're getting," said Sebastian Lucido, a Utica attorney who bought the house with Roland Fraschetti, a Macomb County commissioner and real estate developer.

Eminem's uncle, Todd Nelson, sold the house this month for $45,000 to Lucido and Fraschetti. The 1,300-square-foot home has three bedrooms and two bathrooms. It was built in 1940 and has been in Eminem's family for at least 50 years, Fraschetti said.
"Sure, some of the bids could just be people showboating, but you have to figure with that number of people, some have to be legitimate," Fraschetti told The Macomb Daily of Mount Clemens for a Tuesday story.

EBay.com, which includes pictures, had over 18,000 hits in less than four days, Lucido told The Detroit News.

Bids on eBay will be accepted until Dec. 14 at 5 p.m. At that time, the sellers will get in touch with the highest bidder to work out a purchase agreement, Lucido said.






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