Apartment association · Viru-Jaagupi alevik, Vinni vald
Kaasiku tn 3 apartment association
Vinni vald, Viru-Jaagupi alevik, Kaasiku tn 3 korteriühistu (registry code 80480876) manages a 3-storey panel building built in 1982 with 12 flats. According to its 2025 annual report, the association's long-term liabilities were €88,288 (€104 per m² of flat space) and it held €8,342 in cash. In 2024 long-term liabilities rose from €0 to €93,299 — usually a sign of a renovation.
Board
- KRKarl-Diedrich Renelboard member3 years 6 months
- KPKätriin Proosaboard member3 years 6 months
- House conditionaverage
- age, energy class and works done
- Loan affordabilityaverage
- loan vs the association's annual income
- Cash buffergood
- cash next to the loan, 3-year average
- Managementgood
- reports filed on time
Building
- Built
- 1982
- Storeys
- 3
- Construction
- panel
- Flats
- 12
- Lift
- no
- Heating
- district heating
Compared with similar buildings: Vinni vald, built 1977–1987 (27 associations).
Finances by year
Loan principal repayment is an estimated €0.49 per m² of flat space a month, about €25 a month for a 50 m² flat (interest not included) — about average for associations repaying a loan. The median is €0.52 in Estonia. At the current pace the loan will be repaid around 2043.
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €88,288 | €12,429 | €8,342 | €9,063 | €2,005 |
| 2024 | €93,299 | €8,723 | €4,947 | €16,818 | €3,636 |
| 2023 | €0 | €8,252 | €9,213 | €13,167 | €2,173 |
| 2022 | €0 | €11,575 | €12,363 | €1,020 | €0 |
| 2021 | €0 | €7,453 | €7,397 | €1,150 | €0 |
| 2020 | €0 | €3,347 | €3,517 | €2,811 | €0 |
| 2019 | €0 | €1,845 | €1,669 | €1,155 | €0 |
Compared with similar buildings (Vinni vald, built 1977–1987; 27 associations), long-term liabilities per m² of flat space are higher than 63% of them. The median for buildings with a loan is €124/m².
Flats in this building
Over the last 12 months 1 flat has been for sale in this building, asking €384–€384 per m².
Estate agents who have offered flats in this building
- Andrus IlvesKinnisvarabüroo Uus Maa OÜ1 flat
What is your flat worth?
An estimate for a flat at Kaasiku tn 3 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| C | Kaasiku tn 5Viru-Jaagupi alevik1973 · 12 flats | €0 | €11,994 | 2025 |
| C | Kaasiku tn 1Viru-Jaagupi alevik1984 · 12 flats | €0 | €10,445 | 2025 |
| – | Kaasiku tn 7Viru-Jaagupi alevik1967 · 12 flats | €0 | €5,646 | 2022 |
| C | Kesk tn 27 // 29Viru-Jaagupi alevik1983 · 8 flats | €0 | €16,522 | 2025 |
| D | Kesk tn 21Viru-Jaagupi alevik1969 · 12 flats | €10,000 | €10,321 | 2025 |
| – | Kesk tn 17Viru-Jaagupi alevik1967 · 4 flats | no reports | ||
| E | Kesk tn 19Viru-Jaagupi alevik1978 · 12 flats | €15,148 | €5,938 | 2025 |
| – | Kesk tn 15Viru-Jaagupi alevik1963 · 7 flats | no reports | ||
Frequently asked questions
Does the association have a loan?
According to its 2025 report, the association has €88,288 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 €8,342.
When was the building built?
According to the building register, it was first used in 1982 and has 3 storeys.
Who is on the association's board?
According to the business register, the board members are Karl-Diedrich Renel, Kätriin Proosa (board since 18.04.2023).
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.