Apartment association · Ääsmäe küla, Saue vald

Kasesalu tn 4 apartment association

Saue vald, Ääsmäe küla, Kasesalu tn 4 korteriühistu (registry code 80070405) manages a 3-storey panel building built in 1983 with 18 flats. According to its 2025 annual report, the association's long-term liabilities were €0 and it held €21,175 in cash. The report shows no long-term liabilities.

Board

  • LSLiisu Siimerboard member2 years 6 months
  • MEMarko Eensaluboard member2 years 6 months
  • RJRagnar Johansonboard member6 years 2 months
C
Association grade
C · average
Saue vald: ranked 131 of 206 graded associations.
House conditionaverage
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
1983
Storeys
3
Construction
panel
Flats
18
Lift
no
Heating
district heating

Building page: Kasesalu tn 4 →

Long-term liabilities
€0
as of 31.12.2025
Cash
€21,175
€20/m² · similar €20/m²
Income per m² a month
€0.29
similar buildings €1.05

Compared with similar buildings: Saue vald, built 1978–1988, panel (27 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
13 €/m²20198 €/m²20203 €/m²20210 €/m²20220 €/m²20230 €/m²20240 €/m²2025
similar buildings with a smaller loan (median)
YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€0€22,837€21,175€3,704—
2024€0€17,516€16,522€2,932—
2023€0€10,610€9,603€7,960€0
2022€0€11,635€7,219€12,434€0
2021€3,386€13,394€7,880€10,280€0
2020€8,748€12,176€6,934€2,806€0
2019€14,147€11,972€6,126€2,814—

Of similar buildings (Saue vald, built 1978–1988, panel; 27 associations), 52% have long-term liabilities; this association has none.

Flats in this building

Over the last 12 months 2 flats have been for sale in this building, asking €1,385–€2,225 per m².

What is your flat worth?

An estimate for a flat at Kasesalu tn 4 from similar homes — free and instant.

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
CKasesalu tn 6Ääsmäe küla1980 · 18 flats€0€55,2082025
CKasesalu tn 8Ääsmäe küla1979 · 18 flats€0€43,3182025
EKasesalu tn 10Ääsmäe küla1970 · 12 flats€318,220€18,0372025
CKasesalu tn 14Ääsmäe küla1972 · 11 flats€1,800€4,0622025
CKasesalu tn 12Ääsmäe küla1971 · 12 flats€0€5,9902025
BKasesalu tn 18Ääsmäe küla1975 · 12 flats€52,299€11,6472025
CKasesalu tn 20Ääsmäe küla1978 · 12 flats€7,263€8,2622025
–Kasesalu tn 2Ääsmäe küla1966 · 4 flatsno reports

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 €21,175.

When was the building built?

According to the building register, it was first used in 1983 and has 3 storeys.

Who is on the association's board?

According to the business register, the board members are Liisu Siimer, Marko Eensalu, Ragnar Johanson (board since 06.08.2020).

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.