DeShawn Stevenson, playing for the Orlando Magic against Detroit in this February 2006 photo.
DeShawn Stevenson, playing for the Orlando Magic against Detroit in this February 2006 photo. (Gary W. Green / Orlando Sentinel)

Former NBA player DeShawn Stevenson lost his Windermere home to foreclosure earlier this month, after racking up more than $1.5 million in debt in recent years to his mortgage lender and American Express.

Located in the 1300 block of Lake Whitney Dr., the 4,644-square-foot home features frontage on Lake Whitney with four beds and 4.5 baths, and lies in the Reserve at Belmere neighborhood.

Advertisement

Stevenson paid $1.4 million for the home in August 2005. He played two-and-a-half seasons for the Orlando Magic from 2003 through 2006, out of a 13-year career in the NBA.

Stevenson lost a final judgment in Orange County Circuit Court on Jan. 28, in which he owed $1.25 million with interest to U.S. Bank National Association, which was trustee and successor in interest to Wachovia Bank.

The property was sold via public foreclosure auction on March 30, and property title was transferred on April 11 to U.S. Bank. The auction sale value was $708,100, though no monies were received or disbursed.

In May 2015, a previous final judgment was issued by Orange County Circuit Court in which Stevenson owed $384,000 to American Express Centurion Bank, which filed suit in March 2014.

During his playing career, Stevenson publicized on social media of having an exclusive black card from American Express Centurion. In 2012, he gained media attention for sharing photos that revealed he had an ATM machine in his kitchen.

Have a tip about Central Florida development? Contact me at bmoser@growthspotter.com, (407) 420-5685 or @bobmoser333. Follow GrowthSpotter on Facebook, Twitter and LinkedIn.

Advertisement
Advertisement
Advertisement