Apartment association · Tamsalu linn, G. Lurichi tn 1, G. Lurichi tn 1a, Tapa vald

Kesk tn 12 apartment association

Tapa vald, Tamsalu linn, G. Lurichi tn 1, G. Lurichi tn 1a, Kesk tn 12 korteriühistu (registry code 80082265) manages a 3-storey panel building built in 1989 with 12 flats. According to its 2025 annual report, the association's long-term liabilities were €65,982 (€66 per m² of flat space) and it held €31,164 in cash. Long-term liabilities have fallen 38% since 2019.

Board

The association is run by KENE HALDUS OÜ.

A
Association grade
A · very good
Tapa vald: ranked 21 of 148 graded associations.
House conditiongood
age, energy class and works done
Loan affordabilitygood
loan vs the association's annual income
Cash bufferaverage
cash next to the loan, 3-year average
Managementgood
reports filed on time · professional manager

Building

Built
1989
Storeys
3
Construction
panel
Flats
12
Lift
no
Heating
district heating

The association's buildings (3)

G. Lurichi tn 112 flats, G. Lurichi tn 1a12 flats, Kesk tn 1224 flats

Long-term liabilities
€65,982
as of 31.12.2025
Liabilities per m²
€66
similar buildings with a loan €66
Cash
€31,164
€31/m² · similar €21/m²
Income per m² a month
€1.62
similar buildings €0.67

Compared with similar buildings: Tapa vald, built 1984–1994, panel (22 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
106 €/m²201999 €/m²202092 €/m²202184 €/m²202277 €/m²202374 €/m²202466 €/m²2025

Loan principal repayment is an estimated €0.64 per m² of flat space a month, about €32 a month for a 50 m² flat (interest not included) — more than 63% of associations repaying a loan. The median is €0.52 in Estonia and €0.58 in Tapa vald. At the current pace the loan will be repaid around 2034.

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€65,982€41,681€31,164€19,511—
2024€74,018€38,085€24,840€21,721—
2023€76,869€38,707€27,348€9,785€0
2022€84,569€32,367€23,597€38,022€0
2021€92,269€55,457€45,429€4,374€0
2020€99,269€45,470€37,492€12,227€0
2019€106,069€43,780€36,542€4,457€0

Compared with similar buildings (Tapa vald, built 1984–1994, panel; 22 associations), long-term liabilities per m² of flat space are higher than 77% of them. The median for buildings with a loan is €66/m².

Flats in this building

1 flat was offered for rent at €320 a month.

What is your flat worth?

An estimate for a flat at Kesk tn 12 from similar homes — free and instant.

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
CKesk tn 13Tamsalu linn1963 · 8 flats€0€7,2602025
AKooli tn 4Tamsalu linn1965 · 11 flats€35,540€7,4142025
CKesk tn 19Tamsalu linn1972 · 12 flats€0€13,6712025
CKooli tn 1Tamsalu linn1959 · 7 flats€0€11,7232025
CKoidu tn 19Tamsalu linn1985 · 15 flats€0€9,4572025
CKoidu tn 17Tamsalu linn1964 · 15 flats€0€5,0122025
CKoidu tn 14Tamsalu linn1967 · 12 flats€0€17,0232025
–Kooli tn 8Tamsalu linn€0€02025

Frequently asked questions

Does the association have a loan?

According to its 2025 report, the association has €65,982 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 €31,164.

When was the building built?

According to the building register, it was first used in 1989 and has 3 storeys.

Who is on the association's board?

According to the business register, the association is run by KENE HALDUS OÜ.

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.