Apartment association · Karla küla, Rae vald
Andrekse tee 5 apartment association
Rae vald, Karla küla, Andrekse tee 5 korteriühistu (registry code 80414017) manages a 2-storey block building with 6 flats. According to its 2025 annual report, the association's long-term liabilities were €21,680 (€30 per m² of flat space) and it held €4,176 in cash. In 2022 long-term liabilities rose from €0 to €24,300 — usually a sign of a renovation.
Board
- SKSilver Knäzevboard member6 years 11 months
- TKTanel Kõrranboard member4 years 2 months
- TRToomas Riismaaboard member8 years 9 months
- House conditionno data
- 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
- Storeys
- 2
- Construction
- block
- Flats
- 6
- Heating
- stove
Building page: Andrekse tee 5 →
Compared with similar buildings: Rae vald (216 associations).
Finances by year
Loan principal repayment is an estimated €0.31 per m² of flat space a month, about €16 a month for a 50 m² flat (interest not included) — less than 75% of associations repaying a loan. The median is €0.52 in Estonia and €0.45 in Rae vald. At the current pace the loan will be repaid around 2033.
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €21,680 | €3,095 | €4,176 | €7,120 | €0 |
| 2024 | €24,398 | €3,755 | €1,984 | €7,387 | €0 |
| 2023 | €27,117 | €2,337 | €1,245 | €32,772 | €0 |
| 2022 | €24,300 | €2,733 | €1,042 | €3,840 | €0 |
| 2021 | €0 | €1,586 | €235 | €4,500 | €0 |
| 2020 | €0 | €1,623 | €5,552 | €3,600 | €0 |
| 2019 | €0 | €1,456 | €4,462 | €3,521 | €0 |
Compared with similar buildings (Rae vald; 216 associations), long-term liabilities per m² of flat space are higher than 71% of them. The median for buildings with a loan is €39/m².
Flats in this building
No flat in this building has been for sale or rent in the last 12 months.
What is your flat worth?
An estimate for a flat at Andrekse tee 5 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| B | Kibuvitsa tee 2Karla küla2017 · 2 flats | €0 | — | 2025 |
| – | Kibuvitsa tee 6Karla küla2011 · 2 flats | no reports | ||
| – | Kibuvitsa tee 8Karla küla2011 · 2 flats | no reports | ||
| – | Sarapuu tee 4Karla küla2006 · 6 flats | no reports | ||
| – | Lodjapuu tee 7Karla küla2017 · 3 flats | no reports | ||
| – | Lodjapuu tee 9Karla küla2018 · 3 flats | no reports | ||
| – | Lodjapuu tee 5Karla küla2015 · 3 flats | no reports | ||
| – | Lodjapuu tee 11Karla küla2018 · 3 flats | no reports | ||
Frequently asked questions
Does the association have a loan?
According to its 2025 report, the association has €21,680 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 €4,176.
Who is on the association's board?
According to the business register, the board members are Silver Knäzev, Tanel Kõrran, Toomas Riismaa (board since 08.01.2018).
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, 2019–2025). Building: building register. Flats on offer: Leiamaakler.ee data from the property portals.