Apartment association · Keila linn
Allika tn 5 apartment association
Keila linn, Allika tn 5 korteriühistu (registry code 80088322) manages a 5-storey panel building built in 1979 with 25 flats. According to its 2025 annual report, the association's long-term liabilities were €936,577 (€563 per m² of flat space) and it held €312,221 in cash. In 2025 long-term liabilities rose from €73,901 to €936,577 — usually a sign of a renovation.
Board
- KKKaie Kõrtsiniboard member2 years 10 months
- MSMario Saarikboard member2 years 11 months
- MLMihkel Liimannboard member7 years 8 months
- IOIgor Onkelcontact person2 monthsalso: Allika tn 3, Jaama tn 3, Kase tn 12, Kirsi tn 2 + 11 more
- House conditiongood
- age, energy class and works done
- Loan affordabilitygood
- loan vs the association's annual income
- Cash bufferaverage
- cash next to the loan, 3-year average
- Managementgood
- reports filed on time · professional manager
Building
- Built
- 1979
- Storeys
- 5
- Construction
- panel
- Flats
- 25
- Lift
- no
- Heating
- district heating
Works on the building
Source: sale ads for flats in this building. These are sellers' and brokers' claims that we have not verified, and they may be inaccurate or incomplete. The association's board can confirm the facts.
- Facade
- Roof
- Pipes
- Heating
- Ventilation
- Windows
- Wiring
- Stairwell
- Balconies
- Basement
- Entrance doors
- „Maja on täielikult renoveeritud“ · ad of 1 flat
- „Hoone välisseinad on soojustatud 200 mm paksuse mineraalvillaga“ · ad of 1 flat
- „Katus on soojustatud 330 mm paksuselt ning paigaldatud on uus SBS-katusekate“ · ad of 1 flat
- A
- BB2022
- CCvalid until 29.04.2024
- D
- E
- F
- G
- H
Compared with similar buildings: Keila linn, built 1974–1984, panel (16 associations).
Finances by year
Loan principal repayment is an estimated €0.84 per m² of flat space a month, about €42 a month for a 50 m² flat (interest not included) — more than 80% of associations repaying a loan. The median is €0.52 in Estonia and €0.64 in Keila linn.
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €936,577 | €250,802 | €312,221 | €469,094 | €0 |
| 2024 | €73,901 | €6,477 | €76,330 | €12,792 | €0 |
| 2023 | €50,696 | €5,635 | €51,940 | €12,049 | €0 |
| 2022 | €31,235 | €15,282 | €43,439 | €33,816 | €0 |
| 2021 | €48,009 | €4,405 | €50,165 | €11,183 | €0 |
| 2020 | €41,877 | €3,695 | €45,041 | €12,056 | €0 |
| 2019 | €37,685 | €3,345 | €40,133 | €10,002 | €0 |
Compared with similar buildings (Keila linn, built 1974–1984, panel; 16 associations), long-term liabilities per m² of flat space are higher than 94% of them. The median for buildings with a loan is €176/m².
Flats in this building
Over the last 12 months 1 flat has been for sale in this building, asking €2,305–€2,305 per m².
Estate agents in Keila · Flat prices in Keila
Estate agents who have offered flats in this building
- Janek RuusmereMeremäe J.E OÜ1 flat
What is your flat worth?
An estimate for a flat at Allika tn 5 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| – | Pae tn 131934 · 3 flats | no reports | ||
| A | Allika tn 31980 · 45 flats | €539,667 | €30,952 | 2025 |
| C | Allika tn 61977 · 60 flats | €82,225 | €15,690 | 2025 |
| E | Allika tn 81974 · 28 flats | €380,323 | €14,903 | 2025 |
| A | Pae tn 81987 · 60 flats | €0 | €98,388 | 2025 |
| A | Pae tn 111988 · 60 flats | €192,501 | €22,430 | 2025 |
| A | Allika tn 72025 · 25 flats | €0 | €3,346 | 2025 |
| B | Allika tn 41978 · 60 flats | €517,408 | €5,546 | 2025 |
Frequently asked questions
Does the association have a loan?
According to its 2025 report, the association has €936,577 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 2025 the association held €312,221.
When was the building built?
According to the building register, it was first used in 1979 and has 5 storeys.
Who is on the association's board?
According to the business register, the board members are Kaie Kõrtsini, Mario Saarik, Mihkel Liimann (board since 29.01.2019).
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, 2019–2025). Building: building register. Flats on offer: Leiamaakler.ee data from the property portals.