Apartment association · Jüri alevik, Rae vald

Kesa tn 9 apartment association

Rae vald, Jüri alevik, Kesa tn 9 korteriühistu (registry code 80500573) manages a 2-storey reinforced-concrete building built in 2015 with 14 flats. According to its 2024 annual report, the association's long-term liabilities were €22,079 (€16 per m² of flat space) and it held €24,080 in cash.

Board

  • JKJaanus Kerdeboard member8 years 8 months
  • RKRaino Klorenboard member8 years 8 monthsalso: Ehituse tn 21
  • ULUrmo Liblikboard member8 years 8 months
C
Association grade
C · average
Rae vald: ranked 153 of 216 graded associations.
House conditiongood
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
Managementweak
reports filed on time

Building

Built
2015
Storeys
2
Construction
reinforced concrete
Flats
14
Heating
stove
Energy class
  • A
  • B
  • CCvalid until 15.04.2025
  • D
  • E
  • F
  • G
  • H

Building page: Kesa tn 9 →

Long-term liabilities
€22,079
as of 30.06.2025
Liabilities per m²
€16
similar buildings with a loan €10
Cash
€24,080
€17/m² · similar €9/m²
Income per m² a month
€0.43
similar buildings €0.57

Compared with similar buildings: Rae vald, built 2010–2020 (69 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
8 €/m²201910 €/m²202011 €/m²202110 €/m²202212 €/m²202316 €/m²2024

Loan principal repayment is an estimated €0.03 per m² of flat space a month, about €2 a month for a 50 m² flat (interest not included) — less than 99% of associations repaying a loan. The median is €0.52 in Estonia and €0.45 in Rae vald.

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2024€22,079€2,389€24,080€7,361—
2023€17,155€1,896€18,624€7,150—
2022€14,465€2,086€17,088€9,569—
2021€14,957€3,887€15,721€10,254—
2020€14,920€1,749€16,303€4,850—
2019€11,743€1,564€13,137€2,691—

Compared with similar buildings (Rae vald, built 2010–2020; 69 associations), long-term liabilities per m² of flat space are higher than 91% of them. The median for buildings with a loan is €10/m².

Flats in this building

No flat in this building has been for sale or rent in the last 12 months.

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An estimate for a flat at Kesa tn 9 from similar homes — free and instant.

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
BKesa tn 7Jüri alevik2017 · 14 flats€0€13,1562025
BKesa tn 12Jüri alevik2011 · 14 flats€19,248€19,9922024
ATiigi tn 35Jüri alevik2016 · 11 flats€0€17,7122025
AKesa tn 10Jüri alevik2008 · 14 flats€28,114€27,8842025
AÕie tn 2Jüri alevik11 flats€0€1,0072025
AÕie tn 4Jüri alevik11 flats€0€1,0062025
–Kesk tee 30Aaviku küla2026no reports
BVäljaku tn 12Jüri alevik2005 · 24 flats€70,504€78,5112025

Frequently asked questions

Does the association have a loan?

According to its 2024 report, the association has €22,079 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 2024 the association held €24,080.

When was the building built?

According to the building register, it was first used in 2015 and has 2 storeys.

Who is on the association's board?

According to the business register, the board members are Jaanus Kerde, Raino Kloren, Urmo Liblik (board since 15.02.2018).

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.