Apartment association · Pärnu linn
J. V. Jannseni tn 2 apartment association
Pärnu linn, J. V. Jannseni tn 2 korteriühistu (registry code 80528637) manages a 4-storey block building built in 1964 with 48 flats. According to its 2025 annual report, the association's long-term liabilities were €49,111 (€24 per m² of flat space) and it held €7,513 in cash. In 2024 long-term liabilities rose from €0 to €58,699 — usually a sign of a renovation.
Board
The association is run by Stell Eesti AS.
- SEStell Eesti ASappointed manager4 years 8 months
- 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
- Managementgood
- reports filed on time · professional manager
Building
- Built
- 1964
- Storeys
- 4
- Construction
- block
- Flats
- 48
- 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.
- „Renoveeritud ja soojustatud“ · ad of 1 flat
Building page: J. V. Jannseni tn 2 →
Compared with similar buildings: Pärnu linn, built 1959–1969, block (18 associations).
Finances by year
Loan principal repayment is an estimated €0.30 per m² of flat space a month, about €15 a month for a 50 m² flat (interest not included) — less than 76% of associations repaying a loan. The median is €0.52 in Estonia and €0.48 in Pärnu linn. At the current pace the loan will be repaid around 2032.
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €49,111 | €19,647 | €7,513 | €1,290 | €0 |
| 2024 | €58,699 | €17,394 | €3,859 | €21,249 | €0 |
| 2023 | €0 | €22,452 | €13,233 | €1,426 | €0 |
| 2022 | €3,754 | €24,728 | €12,807 | €2,029 | €0 |
| 2021 | €11,138 | €19,487 | €9,356 | €2,281 | €0 |
| 2020 | €18,360 | €14,319 | €4,865 | €1,740 | €0 |
| 2019 | €25,423 | €11,665 | €1,729 | €6,791 | — |
Compared with similar buildings (Pärnu linn, built 1959–1969, block; 18 associations), long-term liabilities per m² of flat space are higher than 67% of them. The median for buildings with a loan is €18/m².
Flats in this building
Over the last 12 months 2 flats have been for sale in this building, asking €1,723–€1,859 per m². 1 flat was offered for rent at €370 a month.
Estate agents in Ülejõe · Flat prices in Ülejõe
Estate agents who have offered flats in this building
- Getlin SaartKinnisvarabüroo Uus Maa OÜ1 flat
- Leeno AndresonKinnisvaraekspert OÜ1 flat
- Riina KasesaarTõnisson Invest OÜ1 flat
What is your flat worth?
An estimate for a flat at J. V. Jannseni tn 2 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| B | J. V. Jannseni tn 41963 · 48 flats | €3,354 | €67,160 | 2025 |
| B | Tallinna mnt 41964 · 32 flats | €89,951 | €89,170 | 2025 |
| B | J. V. Jannseni tn 61964 · 48 flats | €15,669 | €9,345 | 2025 |
| B | Tallinna mnt 21964 · 36 flats | €57,537 | €22,010 | 2025 |
| A | Suur-Jõekalda tn 101964 · 32 flats | €120,587 | €5,159 | 2025 |
| A | J. V. Jannseni tn 81964 · 48 flats | €153,385 | €16,722 | 2025 |
| B | Tallinna mnt 31962 · 32 flats | €73,014 | €8,505 | 2025 |
| E | Tallinna mnt 11962 · 36 flats | €339,901 | €17,367 | 2025 |
Frequently asked questions
Does the association have a loan?
According to its 2025 report, the association has €49,111 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 €7,513.
When was the building built?
According to the building register, it was first used in 1964 and has 4 storeys.
Who is on the association's board?
According to the business register, the association is run by Stell Eesti AS.
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.