Ryan Lochte's parents' home lost to foreclosure pictured

By Sara Nathan and Daily Mail Reporter Published: 19:45, 20 January 2014 | Updated: 22:01, 20 January 2014 41 View comments Just days after Olympic golden boy Ryan Lochte's father spoke out against reports his son was in any way connected with his Florida home foreclosure, photos have surfaced of the boarded up and abandoned

The boarded up foreclosed home of Ryan Lochte's parents: Father says 'family would never ask Ryan for money' as they lose their house

  • Final judgement on Steven and Ileana Lochte's Florida home took place on October 31 last year
  • Their Olympic gold-medal winning son Ryan, 29, has earned millions from swimming and endorsements
  • Suburban home in Port Orange is expected to be put up for auction soon
  • The Lochtes, who have 5 children, divorced in 2011
  • Steven Lochte tells MailOnline today: 'Everything's sorted. I have a town house, my ex-wife has her own home, we're all good'

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Just days after Olympic golden boy Ryan Lochte's father spoke out against reports his son was in any way connected with his Florida home foreclosure, photos have surfaced of the boarded up and abandoned Port Orange property.

Steven, 61, and Ileana Lochte, 60, have both lashed out at reports that accuse their son, whose endorsement deals are worth millions, of ignoring their plight.

However, photos of the home sitting empty are a sad testament to what could have been avoided had the Lochtes come to Ryan for aid before the home was officially seized in October 2013.

Pictured: Gold medal winning Olympic swimmer Ryan Lochte's parents officially lost their Port Orange, Florida home to foreclosure in October

Pictured: Gold medal winning Olympic swimmer Ryan Lochte's parents officially lost their Port Orange, Florida home to foreclosure in October

Ryan Lochte's parents reportedly lose home to foreclosure in Flordia. Photos Jan 17,2014 P Pictured: Ryan Lochte's parents reportedly lose home to foreclosure in Florida BRef: SPL684146 200114 /BBR/ Picture by: Jason Winslow / Splash NewsBR/ /PP BSplash News and Pictures/BBR/ Los Angeles: 310-821-2666BR/ New York: 212-619-2666BR/ London: 870-934-2666BR/ photodesk@splashnews.comBR/ /P Ryan Lochte's parents reportedly lose home to foreclosure in Flordia. Photos Jan 17,2014 P Pictured: Ryan Lochte's parents reportedly lose home to foreclosure in Florida BRef: SPL684146 200114 /BBR/ Picture by: Jason Winslow / Splash NewsBR/ /PP BSplash News and Pictures/BBR/ Los Angeles: 310-821-2666BR/ New York: 212-619-2666BR/ London: 870-934-2666BR/ photodesk@splashnews.comBR/ /P

'It's not Ryan's problem': The sad state of the home has been revealed just days after Steven Lochte hit back at 'mean' reports that his son should have cleared his parents' debt

Under water: A pool the Olympic swimmer no doubt once used for practice is pictured abandoned and is a powerful reminder of how easily a home can go under water

Under water: A pool the Olympic swimmer no doubt once used for practice is pictured abandoned and is a powerful reminder of how easily a home can go under water

Last week, Olympic Steven Lochte insisted that he would never ask his $3million son for financial assistance.

The swimming coach hit back at 'mean' reports that his son should have cleared his parents' debt, adding: 'It's not Ryan's problem, we would never ask him for help.'

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Mr Lochte and his ex-wife, who were divorced in 2011, now live in their own, separate homes, as he said: 'Everything's sorted, I have a town house, my ex-wife has her own home. We're all good.'

When asked if Ryan had actually offered to help out, Mr Lochte said he would never have asked his famous son for aid.

Ryan Lochte and his mom Ileana Lochte pictured at swimming awards in 2011. The Olympic swimmer's mother and father Steven lost their Florida home to foreclosure in October, new court documents have revealed

Ryan Lochte and his mom Ileana Lochte pictured at swimming awards in 2011. The Olympic swimmer's mother and father Steven lost their Florida home to foreclosure in October, new court documents have revealed

Ryan Lochte in an undated photo with his father Steven. The Olympic swimmer's parents have lost their home in Port Orange, Florida

Ryan Lochte in an undated photo with his father Steven. The Olympic swimmer's parents have lost their home in Port Orange, Florida

Late payments: The Lochtes were first sued by CitiMortgage in 2012. The bank has claimed they took a loan for $258,000 in 2007 which was due to be repaid at a rate of $1,609.58 a month

Late payments: The Lochtes were first sued by CitiMortgage in 2012. The bank has claimed they took a loan for $258,000 in 2007 which was due to be repaid at a rate of $1,609.58 a month

Mr Lochte said Ryan, who has moved from Florida to Charlotte to train at SwimMAC Carolina for the 2016 Rio Olympics, is 'excellent'.

He added: 'He's back in the water and he starts full time training in February, he's getting ready for 2016.'

The Lochtes, who have five children, were first sued by CitiMortgage in 2012. The bank has claimed they took a loan for $258,000 in 2007 which was due to be repaid at a rate of $1,609.58 a month.

Not so peaceful: According to court documents first obtained by RadarOnline, the couple stopped making mortgage payments on the property in this eastern Florida neighborhood in 2011 and owed more than $242,000

Not so peaceful: According to court documents first obtained by RadarOnline, the couple stopped making mortgage payments on the property in this eastern Florida neighborhood in 2011 and owed more than $242,000

Ryan Lochte's parents reportedly lose home to foreclosure in Flordia. Photos Jan 17,2014 P Pictured: Ryan Lochte's parents reportedly lose home to foreclosure in Florida BRef: SPL684146 200114 /BBR/ Picture by: Jason Winslow / Splash NewsBR/ /PP BSplash News and Pictures/BBR/ Los Angeles: 310-821-2666BR/ New York: 212-619-2666BR/ London: 870-934-2666BR/ photodesk@splashnews.comBR/ /P Ryan Lochte's parents reportedly lose home to foreclosure in Flordia. Photos Jan 17,2014 P Pictured: Ryan Lochte's parents reportedly lose home to foreclosure in Florida BRef: SPL684146 200114 /BBR/ Picture by: Jason Winslow / Splash NewsBR/ /PP BSplash News and Pictures/BBR/ Los Angeles: 310-821-2666BR/ New York: 212-619-2666BR/ London: 870-934-2666BR/ photodesk@splashnews.comBR/ /P

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Sitting empty: The bank is yet to put the suburban home up for auction. The Florida property is nestled among trees and, as might be expected, comes with a swimming pool

Sitting empty: The bank is yet to put the suburban home up for auction. The Florida property is nestled among trees and, as might be expected, comes with a swimming pool

'Back in the water': Steven Lochte said Ryan, who has moved from Florida to Charlotte to train at SwimMAC Carolina for the 2016 Rio Olympics, is 'excellent'

'Back in the water': Steven Lochte said Ryan, who has moved from Florida to Charlotte to train at SwimMAC Carolina for the 2016 Rio Olympics, is 'excellent'

Foreclosure: CitiMortgage has taken control of the Lochtes' home in Port Orange, Florida after they failed to keep up with mortgage payments

Foreclosure: CitiMortgage has taken control of the Lochtes' home in Port Orange, Florida after they failed to keep up with mortgage payments

However, according to court documents first obtained by RadarOnline, the couple stopped making mortgage payments in 2011 and owed more than $242,000.

The judge signed an order in favor of the bank for around $300,000.

The bank is yet to put the suburban home up for auction. The Florida property is nestled among trees and, as might be expected, comes with a swimming pool.

In 2012, Ileana Lochte, 60, told USA Today Sports that none of her children were aware of the foreclosure proceedings.

She said: 'I just got divorced and I had lost my job and we're trying to work it out.

'I'm sad that the press thinks this is something to do with Ryan.

'We didn't discuss this with Ryan or any of my children, really. I would never allow him to help us.'

Ryan Lochte, left, is pictured alongside the men's relay team that took gold medals at the London 2012 Olympics

Ryan Lochte, left, is pictured alongside the men's relay team that took gold medals at the London 2012 Olympics

Ryan Lochte's Steven was arrested for DUI in 2010

Ryan Lochte's Steven was arrested for DUI in 2010

That same month, Ryan's younger brother Devon, a one-time strong aspiring swimmer, was busted for allegedly selling marijuana to a police informant in Florida.

'He sold a confidential source two grams of cannabis for 40 bucks,' Officer Ben Tobias, spokesman for the Gainesville Police Department told MailOnline.

Mrs Lochte is now believed to be living with her daughter Kristin at her home in Daytona Beach, Florida, according to official records.

Ryan's earning potential rocketed following his success at the London Olympic Games in 2012.

He had his own reality TV show What Would Ryan Lochte Do? on E! but it was canceled after one season.

Prior to the 2012 Olympics, Fortune Magazine estimated that Lochte earned $2.3 million from endorsement deals with brands including Speedo Gatorade and Ralph Lauren.

He now has an estimated net worth of $3million, according to reports.

According to RadarOnline the Olympian was unable to help save his parents’ home.

Born in New York, Ryan started swimming at five years old and was coached by his swimming teacher father. He qualified for his first Olympic Games in 2004.

He has announced he will continue to swim professionally through to the 2016 Olympics in Rio de Janeiro.

The swimmer's parents stopped making mortgage payments just months after Steven Lochte  was arrested for a DUI in April 2010. A misdemeanor DUI meant that Mr Lochte was stripped of his license for one year, Gainesville police said.

Lochte has numerous lucrative endorsements earning him millions including with sports drink Gatorade

Lochte has numerous lucrative endorsements earning him millions including with sports drink Gatorade

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