Apartment association · Tartu linn

Ilmatsalu tn 52 apartment association

Tartu linn, Ilmatsalu tn 52 korteriühistu (registry code 80077962) manages a 5-storey panel building built in 1985 with 60 flats. According to its 2025 annual report, the association's long-term liabilities were €465,779 (€138 per m² of flat space) and it held €25,024 in cash. In 2021 long-term liabilities rose from €271,379 to €566,585 — usually a sign of a renovation.

Board

  • DJDairi Jursboard member8 years 8 months
  • SBSergey Bliznovboard member2 years 2 months
  • TLTõnu Leemetboard member8 years 8 months
C
Association grade
C · average
Tartu linn: ranked 879 of 1,460 graded associations.
House conditiongood
age, energy class and works done
Loan affordabilityweak
loan vs the association's annual income
Cash buffergood
cash next to the loan, 3-year average
Managementaverage
reports filed on time

Building

Built
1985
Storeys
5
Construction
panel
Flats
60
Lift
no
Heating
district heating

Works on the building

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.

The building has been fully renovated
  • Facade
  • Roof
  • Pipes
  • Heating
  • Ventilation
  • Windows
  • Wiring
  • Stairwell
  • Balconies
  • Basement
  • Entrance doors
The ads say
  • „Kortermaja on renoveeritud ja selle käigus on soojustatud maja fassaad, renoveeritud katus ja sokkel, paigaldatud värskeõhuklapid, rõdud klaasitud ning korrastatud sissekäigud.“ · ad of 1 flat
Energy class
  • A
  • B
  • C
  • D
  • E
  • FFvalid until 08.07.2030
  • G
  • H

Building page: Ilmatsalu tn 52 →

Long-term liabilities
€465,779
as of 31.12.2025
Liabilities per m²
€138
similar buildings with a renovation loan €183
Cash
€25,024
€7/m² · similar €13/m²
Income per m² a month
€0.69
similar buildings €1.08

Compared with similar buildings: Tartu linn, built 1980–1990, panel (114 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
0 €/m²201981 €/m²new loan2020168 €/m²new loan2021160 €/m²2022155 €/m²2023148 €/m²2024138 €/m²2025
similar buildings with a renovation loan (median)

Loan principal repayment is an estimated €0.65 per m² of flat space a month, about €33 a month for a 50 m² flat (interest not included) — more than 64% of associations repaying a loan. The median is €0.52 in Estonia and €0.66 in Tartu linn. At the current pace the loan will be repaid around 2043.

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€465,779€51,862€25,024€27,933€5,803
2024€497,179€51,954€21,621€17,160€5,474
2023€521,209€40,171€8,657€20,393€5,474
2022€538,440€38,964€2,995€17,792€6,338
2021€566,585€38,862€5,979€25,194€5,203
2020€271,379€37,375€6,731€118,293€7,104
2019€0€70,302€85,187€25,639€7,863

Compared with similar buildings (Tartu linn, built 1980–1990, panel; 114 associations), long-term liabilities per m² of flat space are higher than 80% of them. The median for buildings with a loan is €113/m².

Flats in this building

Over the last 12 months 3 flats have been for sale in this building, asking €1,759–€1,943 per m².

Estate agents in Veeriku · Flat prices in Veeriku

Estate agents who have offered flats in this building

What is your flat worth?

An estimate for a flat at Ilmatsalu tn 52 from similar homes — free and instant.

Value your flat

Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
CRavila tn 721985 · 15 flats€1,668€26,1932025
BRavila tn 701995 · 30 flats€14,555€11,2242025
ARavila tn 661985 · 45 flats€45,681€4,2442025
ARavila tn 641985 · 15 flats€0€7,9932025
BRavila tn 621978 · 75 flats€1,324,236€40,5262025
BRavila tn 681985 · 15 flats€0€35,1982025
ARavila tn 581985 · 60 flats€0€10,7722025
BRavila tn 5630 flats€6,552€10,2432025

Frequently asked questions

Does the association have a loan?

According to its 2025 report, the association has €465,779 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 €25,024.

When was the building built?

According to the building register, it was first used in 1985 and has 5 storeys.

Who is on the association's board?

According to the business register, the board members are Dairi Jurs, Sergey Bliznov, Tõnu Leemet (board since 25.01.2018).

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.