Apartment association · Purtse küla, Lüganuse vald
Hiie tee 4 apartment association
Lüganuse vald, Purtse küla, Hiie tee 4 korteriühistu (registry code 80245112) manages a 2-storey brick building built in 1972 with 12 flats. According to its 2024 annual report, the association's long-term liabilities were €0 and it held €708 in cash. The report shows no long-term liabilities.
Board
- MKMaarika Kaevboard member8 years 9 months
- 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
- Managementweak
- reports filed on time
Building
- Built
- 1972
- Storeys
- 2
- Construction
- brick
- Flats
- 12
- Lift
- no
- Heating
- stove
Compared with similar buildings: Lüganuse vald, built 1967–1977, brick (16 associations).
Finances by year
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2024 | €0 | €4,320 | €708 | €4,489 | €0 |
| 2023 | €0 | €7,862 | €2,431 | €2,756 | €0 |
| 2022 | €0 | €7,494 | €2,308 | €1,676 | €0 |
| 2021 | €0 | €6,263 | €2,884 | €1,730 | €0 |
| 2020 | €0 | €6,268 | €4,007 | €1,992 | €0 |
| 2019 | €0 | €5,308 | €3,709 | €2,220 | €0 |
Of similar buildings (Lüganuse vald, built 1967–1977, brick; 16 associations), 25% have long-term liabilities; this association has none.
Flats in this building
No flat in this building has been for sale or rent in the last 12 months.
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Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| – | Hiie tee 6Purtse küla1972 · 12 flats | no reports | ||
| D | Hiie tee 1Purtse küla1976 · 12 flats | €0 | €10,487 | 2025 |
| E | Hiie tee 3Purtse küla1976 · 12 flats | €0 | €3,076 | 2024 |
Frequently asked questions
Does the association have a loan?
The 2024 report shows no long-term liabilities.
How much cash does the association have?
At the end of 2024 the association held €708.
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 Maarika Kaev (board since 07.01.2018).
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, 2019–2024). Building: building register. Flats on offer: Leiamaakler.ee data from the property portals.