Apartment association · Rakvere linn
Ilu pst 4 apartment association
Rakvere linn, Ilu pst 4 korteriühistu (registry code 80105799) manages a 2-storey brick building built in 1984 with 8 flats. According to its 2024 annual report, the association's long-term liabilities were €50,173 (€132 per m² of flat space) and it held €689 in cash. In 2021 long-term liabilities rose from €0 to €71,149 — usually a sign of a renovation.
Board
- AKArvo Kaunissaarboard member5 years 10 months
- House conditionaverage
- 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
- 1984
- Storeys
- 2
- Construction
- brick
- Flats
- 8
- Lift
- no
Compared with similar buildings: Rakvere linn, built 1979–1989 (40 associations).
Finances by year
Loan principal repayment is an estimated €1.47 per m² of flat space a month, about €74 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 and €0.65 in Rakvere linn. At the current pace the loan will be repaid around 2032.
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2024 | €50,173 | €8,148 | €689 | €5,691 | €0 |
| 2023 | €57,791 | €7,005 | €244 | €5,467 | €0 |
| 2022 | €64,440 | €6,900 | €474 | €3,359 | €0 |
| 2021 | €71,149 | €11,524 | €4,475 | €115,482 | €0 |
| 2020 | €0 | €26,972 | €27,232 | €4,086 | €0 |
| 2019 | €0 | €20,523 | €20,682 | €1,365 | €0 |
Compared with similar buildings (Rakvere linn, built 1979–1989; 40 associations), long-term liabilities per m² of flat space are higher than 58% of them. The median for buildings with a loan is €134/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 Ilu pst 4 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| A | Ilu pst 61994 · 8 flats | €0 | €8,793 | 2025 |
| C | Ilu pst 81988 · 12 flats | €0 | €51,504 | 2025 |
| B | Ilu pst 101996 · 12 flats | €0 | €14,156 | 2025 |
| – | Ilu pst 71958 · 4 flats | no reports | ||
| – | Maidla tn 12 flats | no reports | ||
| C | F. R. Kreutzwaldi tn 111972 · 4 flats | €30,600 | €925 | 2024 |
| B | Maidla tn 52021 · 2 flats | €0 | €0 | 2025 |
| – | Ilu pst 162008 · 2 flats | no reports | ||
Frequently asked questions
Does the association have a loan?
According to its 2024 report, the association has €50,173 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 €689.
When was the building built?
According to the building register, it was first used in 1984 and has 2 storeys.
Who is on the association's board?
According to the business register, the board members are Arvo Kaunissaar (board since 02.12.2020).
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, 2019–2024). Building: building register. Flats on offer: Leiamaakler.ee data from the property portals.