2018 Coconino County Arizona Tax Lien Auction Results

[Jerry K.]

The 2018 online tax lien auction for Coconino county in northern AZ ended last week and here are some unofficial results. Results can change if investors do not make their final payments for their lien purchases.

Dollar amount sold was about $200,000 less than year. The total number of liens dropped again in comparison to previous years. The number of investors who won liens this year dropped to 68.

Less liens won, dollar amounts down and number of investors who won was also lower. Looks like institutions or individuals are moving away from lien investing as overall interest rates are going up on other investments - but the overall winning tax lien rates this year went down to 4.52%.

I eliminated the "Struck to County" liens which are the liens nobody bid on and are now held by the county. There were 1,923 liens that were struck to the county. A total of $1,588,768.94 in liens not sold.

Number of liens sold to investors:

2018 - 531
2017 - 630
2016 – 766
2015 - 767
2014 - 1,062
2013 - 1,220

Total dollar of liens sold:

2018 - $818,883.67
2017 - $1,023,450.05
2016 - $789,139.40
2015 - $752,379.78
2014 - $1,359,566.57
2013 - $1,868,433.33

Average rate of return overall:

2018 – 4.52% (12.09% if you include the Struck to County which all get 16%)
2017 – 5.91% (12.19% if you include the Struck to County which all get 16%)
2016 - 4.71% (11.74% if you include the Struck to County which all get 16%)
2015 - 6.52% (12.58% if you include the Struck to County which all get 16%)
2014 - 6.58%
2013 - 6.83%

Number of Investors who won liens:

2018 - 68
2017 - 84
2016 - 54
2015 - 68
2014 - 69
2013 - 106

Total Number of bids for all liens:

2018 - 4,059
2017 – 3,601
2016 - 3,348
2015 - 4,311
2014 - 6,254
2013 - 54,255,0890

You bid down the interest rate in 1% increments from 16% down to 0%.
Rate Percent that had the most number of bids overall:

2018 - 4% 832 bids
2017 – 5% 688 bids
2016 - 4% 867 bids
2015 - 5% 551 bids
2014 - 7% 1,162 bids
2013 - 7% 18,001,058 bids

Most bids per lien/parcel:

2018 - Four liens had 25 bids
2017 – One lien had 25 bids
2016 - One lien had 21 bids
2015 - One lien had 35 bids
2014 - One lien had 38 bids
2013 - Two liens each had 482,840 bids

Results by Property Type minus the Struck to County (click on image to make larger):