Apartment association · Kiviõli linn, Lüganuse vald

Kalevi tn 5 apartment association

Lüganuse vald, Kiviõli linn, Kalevi tn 5 korteriühistu (registry code 80527493) manages a 4-storey brick building built in 1962 with 44 flats. According to its 2025 annual report, the association's long-term liabilities were €14,078 (€9 per m² of flat space) and it held €71 in cash. In 2022 long-term liabilities rose from €0 to €22,361 — usually a sign of a renovation.

Board

  • TVTiit Vällingboard member5 years 7 months
E
Association grade
E · weak
Lüganuse vald: ranked 94 of 95 graded associations.
House conditionweak
age, energy class and works done
Loan affordabilityno data
loan vs the association's annual income
Cash bufferaverage
cash next to the loan, 3-year average
Managementaverage
reports filed on time

Building

Built
1962
Storeys
4
Construction
brick
Flats
44
Lift
no
Heating
district heating

Building page: Kalevi tn 5 →

Long-term liabilities
€14,078
as of 31.12.2025
Liabilities per m²
€9
similar buildings with a loan €7
Cash
€71
€0/m² · similar €5/m²
Annual income
—
2025

Compared with similar buildings: Lüganuse vald, built 1957–1967, brick (25 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
0 €/m²20190 €/m²20200 €/m²202114 €/m²new loan20229 €/m²20239 €/m²20249 €/m²2025

Loan principal repayment is an estimated €0.01 per m² of flat space a month, about €1 a month for a 50 m² flat (interest not included) — less than 100% of associations repaying a loan. The median is €0.52 in Estonia.

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€14,078€2,100€71—€0
2024€14,177€2,000€70€0€0
2023€14,199€2,000€1,992€8,250€0
2022€22,361€20,059€350€77,913€0
2021€0€24,931€224€4,941€0
2020€0€0€0€0€0
2019€0€0€0€0€0

Compared with similar buildings (Lüganuse vald, built 1957–1967, brick; 25 associations), long-term liabilities per m² of flat space are higher than 96% of them. The median for buildings with a loan is €7/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 Kalevi tn 5 from similar homes — free and instant.

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
EKeskpuiestee 41Kiviõli linn1958 · 30 flats€0€2,1432025
BSoo tn 11Kiviõli linn1959 · 18 flats€0€2,4322025
EKeskpuiestee 55Kiviõli linn1963 · 48 flats€0€2932025
CKooli tn 6Kiviõli linn1959 · 24 flats€3,550€4,5212025
DKeskpuiestee 44Kiviõli linn1973 · 54 flats€0€5,7022025
DKeskpuiestee 39Kiviõli linn1958 · 30 flats€0€3,0882025
CKeskpuiestee 42Kiviõli linn1970 · 54 flats€0€46,7902025
CKeskpuiestee 34Kiviõli linn1957 · 30 flats€0€11,8522025

Frequently asked questions

Does the association have a loan?

According to its 2025 report, the association has €14,078 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 €71.

When was the building built?

According to the building register, it was first used in 1962 and has 4 storeys.

Who is on the association's board?

According to the business register, the board members are Tiit Välling (board since 09.03.2021).

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, 2019–2025). Building: building register. Flats on offer: Leiamaakler.ee data from the property portals.