Apartment association · Tapa linn, Tapa vald

1. Mai pst 19 apartment association

Tapa vald, Tapa linn, 1. Mai pst 19 korteriühistu (registry code 80128984) manages a 2-storey wooden building built in 1995 with 8 flats. According to its 2024 annual report, the association's long-term liabilities were €5,672 (€14 per m² of flat space) and it held €3,325 in cash.

Board

  • SPSven Pilvboard member7 years 9 months
C
Association grade
C · average
Tapa vald: ranked 67 of 148 graded associations.
House conditionaverage
age, energy class and works done
Loan affordabilitygood
loan vs the association's annual income
Cash buffergood
cash next to the loan, 3-year average
Managementaverage
reports filed on time

Building

Built
1995
Storeys
2
Construction
wood
Flats
8
Lift
no
Heating
stove

Building page: 1. Mai pst 19 →

Long-term liabilities
€5,672
as of 31.12.2024
Liabilities per m²
€14
similar buildings with a loan €23
Cash
€3,325
€8/m² · similar €19/m²
Income per m² a month
€0.43
similar buildings €0.82

Compared with similar buildings: Tapa vald, built 1990–2000 (16 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
0 €/m²20190 €/m²20200 €/m²20210 €/m²202211 €/m²202314 €/m²2024
YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2024€5,672€208€3,325€2,027€0
2023€4,321€199€2,945€2,180€0
2022€0€171€4,537€6,243€0
2021€0€221€8,177€1,023€0
2020€0€127€2,948€2,034€0
2019€0€192€3,235€2,057€0

Compared with similar buildings (Tapa vald, built 1990–2000; 16 associations), long-term liabilities per m² of flat space are higher than 75% of them. The median for buildings with a loan is €23/m².

Flats in this building

Over the last 12 months 1 flat has been for sale in this building, asking €512–€512 per m².

Estate agents who have offered flats in this building

What is your flat worth?

An estimate for a flat at 1. Mai pst 19 from similar homes — free and instant.

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
C1. Mai pst 21aTapa linn1960 · 8 flats€11,498€3,2662025
ALembitu pst 15Tapa linn1970 · 55 flats€516,915€31,9642025
ALembitu pst 16Tapa linn1974 · 55 flats€572,327€18,1012025
A1. Mai pst 23aTapa linn1974 · 18 flats€132,180€12,9082025
BÕhtu pst 30Tapa linn1995 · 27 flats€0€13,3342025
BÕhtu pst 36Tapa linn1978 · 8 flats€0€14,3112025
BE. Vilde tn 32Tapa linn1995 · 12 flats€28,985€32,2652025
–E. Vilde tn 36Tapa linn1959 · 4 flatsno reports

Frequently asked questions

Does the association have a loan?

According to its 2024 report, the association has €5,672 of long-term liabilities. The report's key figures do not separate a bank loan from a renovation grant — the association's own statement gives the exact loan balance.

How much cash does the association have?

At the end of 2024 the association held €3,325.

When was the building built?

According to the building register, it was first used in 1995 and has 2 storeys.

Who is on the association's board?

According to the business register, the board members are Sven Pilv (board since 28.12.2018).

How is the association grade calculated?

The A–E grade is built from public data and compares the association with all apartment associations in Estonia. House condition (40%) takes the building's age into account – a new house needs no renovation – along with the energy certificate and the works on the building that its flats' sale ads describe (sellers' and brokers' unverified claims) – the more works (facade, roof, pipes, heating and so on), the better; in an older building, a loan taken for renovation also counts as investment. Loan affordability (30%) shows how many years of income the long-term liabilities equal – up to three years is entirely normal. Cash buffer (10%) is cash per m² of flat space averaged over the last three year-ends: without a loan a bigger buffer is better; with a loan a moderate one is enough. Management (20%) shows whether the last three years' reports were filed, and on time, with extra points for a professional manager. A loan is not bad in itself: in an older building it usually means the house has been renovated. The grade is updated weekly.

Where does the data come from?

Finances: business register open data (annual-report key figures, 2019–2024). Building: building register. Flats on offer: Leiamaakler.ee data from the property portals.