2019 Coconino County Arizona Tax Lien Auction Results

[Jerry K.]

The 2019 online tax lien auction for Coconino county in northern Arizona 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 $178,000 less than year. The total number of liens rose slightly in comparison to the previous year. The number of investors who won liens this year remained flat at 69.

Flat number of liens won, dollar amounts down and number of investors who won was flat. Looks like institutions or individuals are still moving away from lien investing as overall interest rates are going up on other investments - the overall winning tax lien rates this year went up to 5.26%.

Interesting that the percentage that had the highest number of bids placed was 15%. That is a jump from the usual 5% or 6% level. Could be there were many new investors. New investors tend to bid high their first year. I’ll know more when I build my Bids list later this month.

Number of liens sold to investors:

2019 - 599  (1,846 did not sell and were Struck to County)

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

Total dollar of liens sold:

2019 - $640,851.63  ($1,743,387.16 did not sell; still held by the county)

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:

2019 – 5.26%   (13.11% if you include the Struck to County which all get 16%)

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:

2019 – 69

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

Total Number of bids for all liens:

2019 - 4,163

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:

2019 – 15% had 531 bids

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

Most bids per lien/parcel:

2019 – One lien had 28 bids

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):