Apartment association · Rakvere linn
F. R. Kreutzwaldi tn 11 apartment association
Rakvere linn, F. R. Kreutzwaldi tn 11 korteriühistu (registry code 80443906) manages a 2-storey brick building built in 1972 with 4 flats. According to its 2024 annual report, the association's long-term liabilities were €30,600 (€155 per m² of flat space) and it held €925 in cash. In 2022 long-term liabilities rose from €0 to €32,098 — usually a sign of a renovation.
Board
- KUKerdo Uudeboard member4 years 9 months
- 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
- 1972
- Storeys
- 2
- Construction
- brick
- Flats
- 4
- Lift
- no
- Heating
- district heating
Building page: F. R. Kreutzwaldi tn 11 →
Compared with similar buildings: Rakvere linn, built 1967–1977 (36 associations).
Finances by year
Loan principal repayment is an estimated €0.32 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 €0.65 in Rakvere linn.
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2024 | €30,600 | €2,027 | €925 | €4,162 | €0 |
| 2023 | €31,456 | €2,267 | €1,355 | €3,388 | €0 |
| 2022 | €32,098 | €2,235 | €1,168 | €39,109 | €0 |
| 2021 | €0 | €2,541 | €2,531 | €333 | €0 |
Compared with similar buildings (Rakvere linn, built 1967–1977; 36 associations), long-term liabilities per m² of flat space are higher than 67% of them. The median for buildings with a loan is €119/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 F. R. Kreutzwaldi tn 11 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| D | F. R. Kreutzwaldi tn 11a1972 · 5 flats | €14,314 | €4,349 | 2024 |
| – | F. R. Kreutzwaldi tn 181937 · 3 flats | no reports | ||
| E | F. R. Kreutzwaldi tn 131957 · 12 flats | €103,782 | €5,482 | 2025 |
| D | Ilu pst 41984 · 8 flats | €50,173 | €689 | 2024 |
| A | Ilu pst 61994 · 8 flats | €0 | €8,793 | 2025 |
| C | F. R. Kreutzwaldi tn 151988 · 12 flats | €0 | €17,479 | 2025 |
| C | Ilu pst 81988 · 12 flats | €0 | €51,504 | 2025 |
| – | Ilu pst 71958 · 4 flats | no reports | ||
Frequently asked questions
Does the association have a loan?
According to its 2024 report, the association has €30,600 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 €925.
When was the building built?
According to the building register, it was first used in 1972 and has 2 storeys.
Who is on the association's board?
According to the business register, the board members are Kerdo Uude (board since 20.01.2022).
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, 2021–2024). Building: building register. Flats on offer: Leiamaakler.ee data from the property portals.