Apartment association ·

Elva vald, Mälgi küla, Väike-Erumäe apartment association

Elva vald, Mälgi küla, Väike-Erumäe korteriühistu (registry code 80398152) manages a 2-storey panel building built in 1904 with 6 flats. According to its 2025 annual report, the association's long-term liabilities were €0 and it held €2,383 in cash. The report shows no long-term liabilities.

Board

  • DEDea Einboard member2 years 3 months
  • LTLea Taavitsboard member3 years 10 months
  • VVVladislav Veressovboard member8 years 9 months
E
Association grade
E · weak
House conditionweak
age, energy class and works done
Loan affordabilitygood
loan vs the association's annual income
Cash bufferweak
cash per m², 3-year average
Managementgood
reports filed on time

Building

Built
1904
Storeys
2
Construction
panel
Flats
6
Lift
no
Heating
stove
Long-term liabilities
€0
as of 31.12.2025
Cash
€2,383
€5/m²
Income per m² a month
€0.62
per m² of flat space, 2025

Finances by year

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€0€2,800€2,383€3,660€0
2024€0€3,159€2,857€1,472€0
2023€0€1,444€1,168€1,016€0
2022€0€1,060€2,730€720€0
2021€0€56€908€720€0
2020€0€56€982€720€0
2019€0€379€1,045€720€0

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?

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
–Elva vald, Mälgi küla, Suur-Erumäe korteriühistu1938 · 8 flats€0€4512019
DAnnikoru tee 9Annikoru küla1970 · 10 flats€0€5492025
EAnnikoru tee 18Annikoru küla1975 · 12 flats€0€1,1072025
BAnnikoru tee 22Annikoru küla1975 · 18 flats€67,295€30,1202025
CElva vald, Annikoru küla, Annikoru tee 10, Annikoru tee 5, Rahu kergliiklustee L6 korteriühistu2002 · 6 flats€0€4,1702025
CElva vald, Annikoru küla, Annikoru tee 20, Satviie korteriühistu2002 · 18 flats€19,048€19,2132025
BAnnikoru tee 8Annikoru küla, Annikoru tee 3, Annikoru tee 4a1995 · 6 flats€0€8,3382025

Frequently asked questions

Does the association have a loan?

The 2025 report shows no long-term liabilities.

How much cash does the association have?

At the end of 2025 the association held €2,383.

When was the building built?

According to the building register, it was first used in 1904 and has 2 storeys.

Who is on the association's board?

According to the business register, the board members are Dea Ein, Lea Taavits, Vladislav Veressov (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.