Apartment association · Tabasalu alevik, Harku vald

Kase tn 4 apartment association

Harku vald, Tabasalu alevik, Kase tn 4 korteriühistu (registry code 80044738) manages a 3-storey panel building built in 1969 with 35 flats. According to its 2025 annual report, the association's long-term liabilities were €286,636 (€177 per m² of flat space) and it held €33,135 in cash. Long-term liabilities have fallen 26% since 2019.

Board

  • HHHeigo Härmasboard member8 years 9 months
  • MKMargus Kärnerboard member8 years 9 months
C
Association grade
C · average
Harku vald: ranked 89 of 123 graded associations.
House conditionaverage
age, energy class and works done
Loan affordabilitygood
loan vs the association's annual income
Cash buffergood
cash next to the loan, 3-year average
Managementaverage
reports filed on time

Building

Built
1969
Storeys
3
Construction
panel
Flats
35
Lift
no
Heating
district heating
Energy class
  • A
  • B
  • C
  • DDvalid until 11.01.2031
  • E
  • F
  • G
  • H

Building page: Kase tn 4 →

Long-term liabilities
€286,636
as of 31.12.2025
Liabilities per m²
€177
similar buildings with a loan €110
Cash
€33,135
€20/m² · similar €19/m²
Income per m² a month
€2.01
similar buildings €1.60

Compared with similar buildings: Harku vald, built 1964–1974 (19 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
240 €/m²2019228 €/m²2020216 €/m²2021207 €/m²2022198 €/m²2023188 €/m²2024177 €/m²2025

Loan principal repayment is an estimated €0.81 per m² of flat space a month, about €41 a month for a 50 m² flat (interest not included) — more than 78% of associations repaying a loan. The median is €0.52 in Estonia and €0.53 in Harku vald. At the current pace the loan will be repaid around 2044.

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€286,636€44,454€33,135€39,141€0
2024€304,746€45,979€36,104€40,966€0
2023€321,082€47,948€40,484€38,799€0
2022€335,690€49,810€42,737€34,249€0
2021€350,945€50,668€40,552€38,182€0
2020€370,164€50,003€40,996€32,670€0
2019€388,999€44,647€36,800€169,155€1,249

Compared with similar buildings (Harku vald, built 1964–1974; 19 associations), long-term liabilities per m² of flat space are higher than 84% of them. The median for buildings with a loan is €110/m².

Flats in this building

Over the last 12 months 2 flats have been for sale in this building, asking €2,642–€3,189 per m².

Estate agents who have offered flats in this building

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
BKase tn 6Tabasalu alevik1971 · 33 flats€97,654€3,2912025
CKase tn 12Tabasalu alevik1985 · 28 flats€666,001€32,2652025
AKase tn 2Tabasalu alevik1974 · 60 flats€318,752€56,5652025
DKase tn 10Tabasalu alevik1982 · 27 flats€13,694€20,4112025
AKase tn 8Tabasalu alevik1973 · 32 flats€204,091€28,4342025
–Teenuste tn 7Tabasalu alevik1964 · 4 flatsno reports
CTeenuste tn 9Tabasalu alevik1968 · 8 flats€0€10,1522025
CTeenuste tn 4Tabasalu alevik1981 · 27 flats€542,570€2,6352025

Frequently asked questions

Does the association have a loan?

According to its 2025 report, the association has €286,636 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 €33,135.

When was the building built?

According to the building register, it was first used in 1969 and has 3 storeys.

Who is on the association's board?

According to the business register, the board members are Heigo Härmas, Margus Kärner (board since 29.12.2017).

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.