Beacon Journal staff

BATH TWP.: The Revere Board of Education this week approved a listing agreement with Stouffer Realty for the sale of district property at 2301 N. Hametown Road.


The listing price for the 57 acres at the intersection of Hametown and Everett roads in Bath is $1.25 million.


The property, which had been part of the original Firestone estate, was purchased by the district in September 1998 from Merryweather Real Estate. The site, as well as the additional acreage that is now Firestone Trace and the Bath Baseball Park, had been purchased from John Chlebina the previous year.


Three years ago, the district offered the acreage for sale at auction, but no buyer came forward.


The brokers' fee that the board approved Tuesday would be 5 percent of the sales price or $3,500, whichever is greater. The buyer's agent would also be offered up to 2 percent of the selling price to a maximum of $1,667.


The agreement, which will be in force through Aug. 31, 2013, also permits the broker to market the property directly to the real estate firm's existing contacts without the use of advertising media for 30 days.