Apartment association · Tartu linn
Jakobi tn 15 // 17 apartment association
Tartu linn, Jakobi tn 15 // 17 korteriühistu (registry code 80358247) manages a 2-storey brick building built in 1935 with 2 flats. According to its 2024 annual report, the association's long-term liabilities were €30,000 (€194 per m² of flat space) and it held €1,257 in cash. In 2020 long-term liabilities rose from €0 to €30,470 — usually a sign of a renovation.
Board
- HAHelen Alumäeboard member2 years
- KUKarl-Martin Uigaboard member2 years 2 months
- SASigre Andresonboard member5 years 7 months
- House conditionaverage
- age, energy class and works done
- Loan affordabilityweak
- loan vs the association's annual income
- Cash bufferaverage
- cash next to the loan, 3-year average
- Managementweak
- reports filed on time
Building
- Built
- 1935
- Storeys
- 2
- Construction
- brick
- Flats
- 2
- Lift
- no
- Heating
- district heating
The association's buildings (2)
Jakobi tn 152 flats, Jakobi tn 173 flats
Compared with similar buildings: Tartu linn, built 1930–1940, brick (15 associations).
Finances by year
Loan principal repayment is an estimated €0.41 per m² of flat space a month, about €21 a month for a 50 m² flat (interest not included) — less 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 2064.
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2024 | €30,000 | €240 | €1,257 | €1,119 | €0 |
| 2023 | €30,750 | €275 | €2,056 | €3,375 | €0 |
| 2022 | €30,750 | €357 | €11,459 | €4,945 | €0 |
| 2021 | €30,470 | €115 | €7,504 | €5,360 | €0 |
| 2020 | €30,470 | €120 | €2,129 | €1,428 | €0 |
| 2019 | €0 | €79 | €574 | €0 | €0 |
Compared with similar buildings (Tartu linn, built 1930–1940, brick; 15 associations), long-term liabilities per m² of flat space are higher than 80% of them. The median for buildings with a loan is €112/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 Jakobi tn 15 // 17 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| – | Lossi tn 11 // 134 flats | no reports | ||
| – | Lossi tn 91977 · 6 flats | €0 | €55 | 2022 |
| A | Lossi tn 341977 · 15 flats | €0 | €10,928 | 2025 |
| E | Lossi tn 321977 · 14 flats | €0 | €24,480 | 2025 |
| B | Lossi tn 211875 · 29 flats | €28,195 | €38,604 | 2025 |
| – | Ülikooli tn 111778 · 5 flats | no reports | ||
| – | Raekoja plats 2 | no reports | ||
| – | Raekoja plats 42000 · 34 flats | no reports | ||
Frequently asked questions
Does the association have a loan?
According to its 2024 report, the association has €30,000 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 €1,257.
When was the building built?
According to the building register, it was first used in 1935 and has 2 storeys.
Who is on the association's board?
According to the business register, the board members are Helen Alumäe, Karl-Martin Uiga, Sigre Andreson (board since 17.03.2021).
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.