Apartment association · Ääsmäe küla, Saue vald
Kasesalu tn 24 apartment association
Saue vald, Ääsmäe küla, Kasesalu tn 24 korteriühistu (registry code 80079731) manages a 3-storey block building built in 1987 with 18 flats. According to its 2025 annual report, the association's long-term liabilities were €10,066 (€9 per m² of flat space) and it held €17,374 in cash. Long-term liabilities have fallen 60% since 2019.
Board
- KEKalju Eesojaboard member8 years 9 months
- KTKarina Tambergboard member3 years 3 months
- KSKatrin Suviboard member8 years 9 months
- 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
- 1987
- Storeys
- 3
- Construction
- block
- Flats
- 18
- Lift
- no
- Heating
- stove
- A
- B
- C
- D
- E
- FF
- G
- H
Building page: Kasesalu tn 24 →
Compared with similar buildings: Saue vald, built 1982–1992 (39 associations).
Finances by year
Loan principal repayment is an estimated €0.18 per m² of flat space a month, about €9 a month for a 50 m² flat (interest not included) — less than 88% of associations repaying a loan. The median is €0.52 in Estonia and €0.60 in Saue vald. At the current pace the loan will be repaid around 2030.
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €10,066 | €3,405 | €17,374 | €13,608 | €0 |
| 2024 | €12,496 | €3,288 | €11,909 | €10,414 | €0 |
| 2023 | €15,060 | €2,830 | €10,090 | €7,250 | €0 |
| 2022 | €17,356 | €3,061 | €9,060 | €7,324 | €0 |
| 2021 | €19,964 | €3,018 | €7,992 | €6,412 | €0 |
| 2020 | €22,490 | €2,344 | €7,158 | €17,275 | €0 |
| 2019 | €25,169 | €1,939 | €4,301 | €12,338 | €0 |
Compared with similar buildings (Saue vald, built 1982–1992; 39 associations), long-term liabilities per m² of flat space are higher than 51% of them. The median for buildings with a loan is €52/m².
Flats in this building
Over the last 12 months 1 flat has been for sale in this building, asking €1,633–€1,633 per m².
What is your flat worth?
An estimate for a flat at Kasesalu tn 24 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| C | Kasesalu tn 22Ääsmäe küla1986 · 18 flats | €319,330 | €36,194 | 2025 |
| C | Kasesalu tn 20Ääsmäe küla1978 · 12 flats | €7,263 | €8,262 | 2025 |
| B | Kasesalu tn 18Ääsmäe küla1975 · 12 flats | €52,299 | €11,647 | 2025 |
| C | Kasesalu tn 12Ääsmäe küla1971 · 12 flats | €0 | €5,990 | 2025 |
| C | Kasesalu tn 14Ääsmäe küla1972 · 11 flats | €1,800 | €4,062 | 2025 |
| E | Kasesalu tn 10Ääsmäe küla1970 · 12 flats | €318,220 | €18,037 | 2025 |
| C | Kasesalu tn 8Ääsmäe küla1979 · 18 flats | €0 | €43,318 | 2025 |
| C | Kasesalu tn 6Ääsmäe küla1980 · 18 flats | €0 | €55,208 | 2025 |
Frequently asked questions
Does the association have a loan?
According to its 2025 report, the association has €10,066 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 €17,374.
When was the building built?
According to the building register, it was first used in 1987 and has 3 storeys.
Who is on the association's board?
According to the business register, the board members are Kalju Eesoja, Karina Tamberg, Katrin Suvi (board since 30.12.2017).
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.