Apartment association · Tartu linn

Kalevi tn 60 apartment association

Tartu linn, Kalevi tn 60 korteriühistu (registry code 80270475) manages a 4-storey brick building built in 2005 with 29 flats. According to its 2025 annual report, the association's long-term liabilities were €0 and it held €17,585 in cash. The report shows no long-term liabilities.

Board

  • TMTarmo Michelsonboard member5 years 10 months
  • TKTiina Karuboard member5 years 10 months
A
Association grade
A · very good
Tartu linn: ranked 249 of 1,460 graded associations.
House conditiongood
age, energy class and works done
Loan affordabilitygood
loan vs the association's annual income
Cash bufferaverage
cash per m², 3-year average
Managementgood
reports filed on time

Building

Built
2005
Storeys
4
Construction
brick
Flats
29
Heating
district heating

Building page: Kalevi tn 60 →

Long-term liabilities
€0
as of 31.12.2025
Cash
€17,585
€10/m² · similar €15/m²
Income per m² a month
€1.00
similar buildings €1.16

Compared with similar buildings: Tartu linn, built 2000–2010, brick (29 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
11 €/m²20190 €/m²20200 €/m²20210 €/m²20220 €/m²20230 €/m²20240 €/m²2025
similar buildings with a smaller loan (median)
YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€0€17,676€17,585€22,048€0
2024€0€11,655€14,474€33,830€0
2023€0€18,253€21,909€22,393€0
2022€0€23,036€21,148€31,888€0
2021€0€23,448€20,788€28,441€0
2020€0€29,730€28,328€16,754—
2019€20,619€3,000€22,322€16,291€0

Of similar buildings (Tartu linn, built 2000–2010, brick; 29 associations), 31% have long-term liabilities; this association has none.

Flats in this building

Over the last 12 months 3 flats have been for sale in this building, asking €2,855–€3,715 per m². 2 flats were offered for rent at €460–€600 a month.

Estate agents in Karlova · Flat prices in Karlova

Estate agents who have offered flats in this building

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
–Õnne tn 451977 · 9 flats€0€2,5042020
EKalevi tn 84 // 861969 · 10 flats€0€7792025
–Õnne tn 43b1977 · 5 flatsno reports
ASalme tn 121977 · 8 flats€26,075€4972025
DKalevi tn 91 // 91a1912 · 12 flats€0€8,5862025
BKalevi tn 931977 · 8 flats€19,979€9,2002025
–Salme tn 11 // 11a1977 · 6 flatsno reports
CRebase tn 51988 · 45 flats€294,771€3,3192025

Frequently asked questions

Does the association have a loan?

The 2025 report shows no long-term liabilities.

How much cash does the association have?

At the end of 2025 the association held €17,585.

When was the building built?

According to the building register, it was first used in 2005 and has 4 storeys.

Who is on the association's board?

According to the business register, the board members are Tarmo Michelson, Tiina Karu (board since 04.12.2020).

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.