Iconic rapper Eminem, aka Marshall Mathers, recently made a hyped return to the rap game with a politically charged freestyle. Besides unburdening his feelings in verse, he also lifted a bit of real estate weight off his shoulders.
The rapper sold his 17,500-square-foot mansion in Rochester Hills, MI, for $1,900,000 in late September, less than half the $4.75 million he paid for it in 2003. The mansion went on the market in August for $2 million, so the deal happened nearly as fast as the bars Slim Shady spits.
The financial hit didn’t leave the rapper gasping for breath. The Detroit Free Press reports that Eminem and his family spent very little time in the five-bedroom, 10-bath home outside Detroit. For the past decade, he raised his three daughters at another home in Clinton Township in nearby Macomb County. He used this home, previously owned by former Kmart chairman Chuck Conaway, as an “occasional getaway.” For an occasional getaway, it was quite a spread. It sits on 5.69 wooded acres and has fancy features such as a sport court, pool, entertainment cabana, guardhouse, five-car garage, private pond, and guesthouse with a “wild game room,” according to the listing.
The listing also stated the house was being sold as is, which likely means there’s room for improvement. The listing photos showed decor that didn’t exactly scream that a big baller owned the place.
In some ways, the $1.9 million Eminem scored was more than he could have hoped forâit’s above what tax records indicate the property is worth. In 2014 the estate was assessed at $1,517,410, and in 2016 it climbed to $1,763,160.
The 44-year-old rapper is one of the best-selling musical artists of all time, with his 7-year-old album “Recovery” recently hitting its 300th week on the Billboard 200 chart.
He has 15 Grammies and an Oscar under his belt, and is on the verge of launching another much-anticipated album, possibly around the time he is scheduled to appear as the musical guest on “Saturday Night Live,” on November 18. Chance the Rapper will be hosting that night.
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