Apartment association · Tartu linn
Kartuli tn 12 // 12a apartment association
Tartu linn, Kartuli tn 12 // 12a korteriühistu (registry code 80328269) manages a 3-storey wooden building built in 1915 with 6 flats. According to its 2024 annual report, the association's long-term liabilities were €0 and it held €7,745 in cash. The report shows no long-term liabilities.
Board
- AGArdo Gärtnerboard member1 year 8 monthsalso: Oa tn 10b // 10c
- RMRiina Murulaidboard member8 years 9 months
- House conditiongood
- age, energy class and works done
- Loan affordabilitygood
- loan vs the association's annual income
- Cash buffergood
- cash per m², 3-year average
- Managementweak
- reports filed on time
Building
- Built
- 1915
- Storeys
- 3
- Construction
- wood
- Flats
- 6
- Lift
- no
- Heating
- stove
The association's buildings (2)
Kartuli tn 129 flats, Kartuli tn 12a5 flats
Compared with similar buildings: Tartu linn, built 1910–1920 (28 associations).
Finances by year
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2024 | €0 | €8,172 | €7,745 | €9,950 | — |
| 2023 | €0 | €7,470 | €6,712 | €9,604 | — |
| 2022 | €0 | €7,299 | €6,806 | €9,664 | — |
| 2021 | €0 | €7,722 | €6,845 | €10,462 | — |
| 2020 | €0 | €6,675 | €6,369 | €6,642 | — |
| 2019 | €0 | €5,549 | €5,362 | €6,146 | — |
Of similar buildings (Tartu linn, built 1910–1920; 28 associations), 50% have long-term liabilities; this association has none.
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 Kartuli tn 12 // 12a from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| B | Herne tn 34a2007 · 6 flats | €0 | €5,130 | 2025 |
| D | Herne tn 151977 · 15 flats | €7,794 | €9,809 | 2025 |
| – | Herne tn 16aHerne tn 16 // 181977 · 3 flats | €0 | €6,114 | 2023 |
| – | Herne tn 3 // 5 // 71977 · 2 flats | no reports | ||
| C | Lepiku tn 91914 · 9 flats | €26,535 | €23,833 | 2025 |
| D | Herne tn 111977 · 7 flats | €0 | €4,319 | 2025 |
| B | Lepiku tn 71977 · 10 flats | €0 | €3,142 | 2025 |
| D | Lepiku tn 141914 · 9 flats | €2,060 | €7,724 | 2025 |
Frequently asked questions
Does the association have a loan?
The 2024 report shows no long-term liabilities.
How much cash does the association have?
At the end of 2024 the association held €7,745.
When was the building built?
According to the building register, it was first used in 1915 and has 3 storeys.
Who is on the association's board?
According to the business register, the board members are Ardo Gärtner, Riina Murulaid (board since 06.01.2018).
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.