Apartment association · Saku alevik, Saku vald
Asula tn 2 apartment association
Saku vald, Saku alevik, Asula tn 2 korteriühistu (registry code 80385020) manages a 2-storey brick building built in 1938 with 14 flats. According to its 2025 annual report, the association's long-term liabilities were €314,587 (€669 per m² of flat space) and it held €62,411 in cash. In 2024 long-term liabilities rose from €0 to €323,321 — usually a sign of a renovation.
Board
- ARAnn Ristboard member5 years 11 months
- IKIvari Kuimetboard member5 years 11 months
- RSRaul Sildeboard member5 years 11 months
- 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
- Managementaverage
- reports filed on time
Building
- Built
- 1938
- Storeys
- 2
- Construction
- brick
- Flats
- 14
- Lift
- no
- Heating
- district heating
- Renovated
- yes
Works on the building
per the building register
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.
- Facade2024
- Roof2024
- Pipes2024
- Heating2024
- Ventilation2024
- Windows
- Wiring2024
- Stairwell2024
- Balconies
- Basement
- Entrance doors
- „Korteriühistu rekonstrueeris 2024 aastal hoone terviklikult (katus, fassaad, ventilatsioon, torustik, elekter, küte, koridorid)“ · ads of 2 flats
- A
- B
- C
- D
- E
- F
- GGvalid until 14.02.2026
- H
Compared with similar buildings: Saku vald (102 associations).
Finances by year
Loan principal repayment is an estimated €1.55 per m² of flat space a month, about €78 a month for a 50 m² flat (interest not included) — more than 95% of associations repaying a loan. The median is €0.52 in Estonia. At the current pace the loan will be repaid around 2061.
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €314,587 | €70,769 | €62,411 | €142,825 | €0 |
| 2024 | €323,321 | €99,236 | €92,165 | €255,705 | €0 |
| 2023 | €0 | €29,184 | €27,155 | €12,059 | €0 |
| 2022 | €0 | €18,474 | €16,413 | €21,329 | €0 |
| 2021 | €0 | €24,642 | €23,378 | €17,600 | €0 |
| 2020 | €0 | €29,967 | €29,221 | €3,718 | €0 |
| 2019 | €0 | €26,309 | €26,569 | €4,187 | €0 |
Compared with similar buildings (Saku vald; 102 associations), long-term liabilities per m² of flat space are higher than 98% of them. The median for buildings with a loan is €65/m².
Flats in this building
2 flats were offered for rent at €550 a month.
Estate agents who have offered flats in this building
- Jaanus RandmaArcus Kinnisvara OÜ1 flat
What is your flat worth?
An estimate for a flat at Asula tn 2 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| C | Silla tn 2Saku alevik1982 · 12 flats | €26,928 | €25,668 | 2025 |
| – | Tallinna mnt 1Saku alevik2025 · 24 flats | no reports | ||
| B | Kannikese tn 4Saku alevik1992 · 30 flats | €72,829 | €13,416 | 2025 |
| C | Kannikese tn 6Saku alevik1992 · 30 flats | €274,846 | €9,011 | 2025 |
| – | Pargi tn 1aSaku alevik1899 · 5 flats | no reports | ||
| – | Pargi tn 1Saku alevik1960 · 8 flats | no reports | ||
| C | Kannikese tn 8Saku alevik1987 · 30 flats | €0 | €77,234 | 2025 |
| C | Tallinna mnt 13Saku alevik1959 · 8 flats | €0 | €18,717 | 2025 |
Frequently asked questions
Does the association have a loan?
According to its 2025 report, the association has €314,587 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 €62,411.
When was the building built?
According to the building register, it was first used in 1938 and has 2 storeys.
Who is on the association's board?
According to the business register, the board members are Ann Rist, Ivari Kuimet, Raul Silde (board since 18.11.2020).
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.