40525 224th Ave SE
Enumclaw, WA 98022

NO BANK QUALIFYING - SELF-EMPLOYED and TARNISHED CREDIT O.K. with Seller Financing Lease/Option! Are you looking for land to farm and build a home or tiny house on wheels? You found it here! This BUILDABLE RAW LAND parcel designated "PRIME AGRICULTURAL LAND" has WATER and ELECTRIC available on-site! *County will allow construction of a single family residence up to 1,000 SQ FT MAXIMUM FOOTPRINT as an "Agricultural Employee Dwelling Unit" for whoever will be running the farm operation whether owner of land or farm manager. Barn and Greenhouses also possible. Total Non-Tillable acreage allowed to be covered by structures and roads = .057 acres. *Perc and septic system were recently approved by King County, however permit expired and will need to be started over. *Feasibility study and Phase 1 Environmental inspection complete. *NRCS Soil Classification: AgC and AgB is 100% Tillable! *Feasibility study determined drilling new well IS possible with permits and permission from appropriate agencies. *Super-low taxes under $1k per year if kept in King County Ag Program growing silage for food-animals or growing food for human consumption. There are two ways for you to obtain this awesome farmland opportunity: LEASE ONLY= a) Lease this property, for farm use for $1,400 per month b) Landlord pays annual property taxes, insurance, and trash, Tenant pays monthly water and electric. (*Tiny house on wheels available see below) c) First Month + Last Month +$1,000 refundable deposit required. --OR-- LEASE + OPTION TO PURCHASE= a) Lease this property for farm use for $1,600 per month for 24 months. b) Tenant pays $40,000 "Option To Purchase Fee" up-front and receives the right to purchase property for $160,000 at any point within the Lease term after August 1, 2019. c) Tenant will receive a $500 per month "Prompt Payment Credit" for every lease payment made before the 1st of the month. "Prompt Payment Credit" will be applied to reduce Purchase Price at the exercise of the option. (Example: If twelve $1,600 lease payments are made in full before the 1st of each month and tenant wants to exercise their "Option To Purchase", Landlord will credit 12x$500= $6,000 to tenant at closing, thereby reducing closing funds needed by Tenant from $160,000 to $154,000.) d) Landlord pays annual property taxes, insurance, and trash until exercise of option. Tenant pays Water and Electric. Details: *Tenant agrees to keep land in Farm use for human consumption as required by King County Farm Plan. *Tenant to perform appropriate due diligence and verify all information before signing Lease or Option Fee Agreement. *Tenant must pass Credit and Criminal Background Check before signing of Lease or Option To Purchase. *Tenant agrees to carry basic liability insurance with limits to be stated in lease terms naming Landlord as additional insured. *Tenant is not required to exercise the option, and option-fee is non-refundable. *This Lease and/or Option Fee Agreement is for RAW LAND only, as-is, where is; Tenant is responsible for any and all costs, permits, and fees related to new construction and septic installation. *Landlord also has 9'x25' Brand New TINY HOUSE ON WHEELS w/ loft that can be included in this deal for an additional $20,000 or rent it for an additional $600 per month. (Exterior is completely finished: interior is an unfinished blank slate waiting for your finishing touches!) *3.5% to Brokers