Apartment association · Karksi-Nuia linn, Mulgi vald

J. Kivistiku tn 2 apartment association

Mulgi vald, Karksi-Nuia linn, J. Kivistiku tn 2 korteriühistu (registry code 80435054) manages a 3-storey panel building built in 1907 with 12 flats. According to its 2025 annual report, the association's long-term liabilities were €267,237 (€433 per m² of flat space) and it held €90,262 in cash. In 2025 long-term liabilities rose from €0 to €267,237 — usually a sign of a renovation.

Board

  • LELehte Evertboard member6 years 10 months
  • RKRaimo Koitlaboard member6 years 10 months
B
Association grade
B · good
Mulgi vald: ranked 18 of 93 graded associations.
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
1907
Storeys
3
Construction
panel
Flats
12
Lift
no
Heating
district heating
Energy class
  • A
  • B
  • CC2023
  • D
  • E
  • FFvalid until 05.05.2034
  • G
  • H

Building page: J. Kivistiku tn 2 →

Long-term liabilities
€267,237
as of 31.12.2025
Liabilities per m²
€433
similar buildings with a loan €106
Cash
€90,262
€146/m² · similar €16/m²
Income per m² a month
€51.95
similar buildings €0.82

Compared with similar buildings: Mulgi vald, built 1902–1912 (19 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
0 €/m²20190 €/m²20200 €/m²20210 €/m²20220 €/m²20230 €/m²2024433 €/m²new loan2025
YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€267,237€66,397€90,262€385,131€0
2024€0€13,006€21,611€7,357€0
2023€0€2,871€10,731€14,720€0
2022€0€7,398€14,476€2,965€0
2021€0€6,156€11,153€2,965€0
2020€0€4,848€6,418€2,965€0
2019€0€2,224——€0

Compared with similar buildings (Mulgi vald, built 1902–1912; 19 associations), long-term liabilities per m² of flat space are higher than 84% of them. The median for buildings with a loan is €106/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 J. Kivistiku tn 2 from similar homes — free and instant.

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
–Põllu tn 6Karksi-Nuia linn1907 · 8 flats€0€3,8112021
EPärnu mnt 13Karksi-Nuia linn1969 · 12 flats€104,315€5,7742025
AJ. Kivistiku tn 1Karksi-Nuia linn1981 · 36 flats€0€64,7042025
BPärnu mnt 7aKarksi-Nuia linn1972 · 18 flats€29,276€19,0752025
EPõllu tn 4Karksi-Nuia linn1907 · 8 flats€0€5,1682025
EPõllu tn 2Karksi-Nuia linn1907 · 8 flats€0€6,7212024
DPärnu mnt 17aKarksi-Nuia linn1907 · 12 flats€4,265€4,4242025
EPõllu tn 8Karksi-Nuia linn1907 · 8 flats€0€10,3032024

Frequently asked questions

Does the association have a loan?

According to its 2025 report, the association has €267,237 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 €90,262.

When was the building built?

According to the building register, it was first used in 1907 and has 3 storeys.

Who is on the association's board?

According to the business register, the board members are Lehte Evert, Raimo Koitla (board since 03.12.2019).

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.