Apartment association · Harku alevik, Harku vald
Instituudi tee 7 apartment association
Harku vald, Harku alevik, Instituudi tee 7 korteriühistu (registry code 80450674) manages a 3-storey block building built in 2018 with 17 flats. According to its 2025 annual report, the association's long-term liabilities were €0 and it held €8,024 in cash. The report shows no long-term liabilities.
Board
- JPJanek Pajuboard member8 years 1 monthalso: Vääna tn 4
- House conditionaverage
- age, energy class and works done
- Loan affordabilitygood
- loan vs the association's annual income
- Cash bufferweak
- cash per m², 3-year average
- Managementaverage
- reports filed on time
Building
- Built
- 2018
- Storeys
- 3
- Construction
- block
- Flats
- 17
- Lift
- no
- Heating
- district heating
- A
- B
- C
- DDvalid until 04.02.2032
- E
- F
- G
- H
Building page: Instituudi tee 7 →
Compared with similar buildings: Harku vald, built 2013–2023 (28 associations).
Finances by year
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €0 | €10,163 | €8,024 | €12,546 | — |
| 2024 | €0 | €10,533 | €8,310 | €9,383 | — |
| 2023 | €0 | €9,788 | €7,168 | €8,414 | €0 |
| 2022 | €4,872 | €3,728 | €5,729 | €10,349 | €0 |
| 2021 | €3,578 | €3,066 | €5,189 | €9,424 | €0 |
| 2020 | €2,556 | €2,812 | €4,539 | €8,275 | €0 |
| 2019 | €1,111 | €2,469 | €3,526 | €10,524 | €0 |
Of similar buildings (Harku vald, built 2013–2023; 28 associations), 7% have long-term liabilities; this association has none.
Flats in this building
Over the last 12 months 1 flat has been for sale in this building, asking €3,314–€3,314 per m².
Estate agents who have offered flats in this building
- Carmen ZahknaElamus Kinnisvara1 flat
What is your flat worth?
An estimate for a flat at Instituudi tee 7 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| B | Instituudi tee 9Harku alevik2018 · 17 flats | €0 | €16,863 | 2025 |
| – | Klubi tn 4Harku alevik1917 · 5 flats | no reports | ||
| B | Instituudi tee 16Harku alevik1965 · 24 flats | €121,341 | €13,396 | 2025 |
| C | Instituudi tee 18Harku alevik1982 · 24 flats | €65,659 | €4,637 | 2025 |
| C | Klubi tn 5Harku alevik1988 · 16 flats | €0 | €83,011 | 2025 |
| – | Klubi tn 1Harku alevik1948 · 4 flats | €0 | €233 | 2022 |
| B | Instituudi tee 3Harku alevik2007 · 29 flats | €0 | €41,394 | 2025 |
| – | Pikk tn 5Harku alevik1896 · 3 flats | no reports | ||
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 €8,024.
When was the building built?
According to the building register, it was first used in 2018 and has 3 storeys.
Who is on the association's board?
According to the business register, the board members are Janek Paju (board since 29.08.2018).
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.