Apartment association · Elva linn, Elva vald

Kesk tn 21 apartment association

Elva vald, Elva linn, Kesk tn 21 korteriühistu (registry code 80524438) manages a 2-storey wooden building built in 1948 with 4 flats. According to its 2025 annual report, the association's long-term liabilities were €0 and it held €4,237 in cash. The report shows no long-term liabilities.

Board

The association is run by Elva Varahalduse OÜ.

C
Association grade
C · average
Elva vald: ranked 51 of 125 graded associations.
House conditionweak
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 · professional manager

Building

Built
1948
Storeys
2
Construction
wood
Flats
4
Lift
no
Heating
stove
Long-term liabilities
€0
as of 31.12.2025
Cash
€4,237
€19/m² · similar €20/m²
Income per m² a month
€0.66
similar buildings €0.68

Compared with similar buildings: Elva vald, built 1943–1953 (21 associations).

Finances by year

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€0€4,291€4,237€1,765—
2024€0€2,332€2,099€12,463—
2023€0€6,115€5,952€1,653—
2022€0€4,304€3,811€2,181—
2021€0€3,014€2,548€5,564—
2020€0€5,394€5,279€1,404—
2019€0€3,811€3,573€2,072—

Of similar buildings (Elva vald, built 1943–1953; 21 associations), 38% have long-term liabilities; this association has none.

Flats in this building

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

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
EKesk tn 20Elva linn1948 · 6 flats€21,520€4,6612024
CPõik tn 2Elva linn1969 · 8 flats€0€8,3782025
DKesk tn 16Elva linn1948 · 6 flats€0€4,2222025
CPõik tn 3Elva linn1935 · 6 flats€0€10,5522025
EKesk tn 15Elva linn1935 · 7 flats€0€1,6682025
–Jaani tn 12aElva linn8 flatsno reports
EKesk tn 31Elva linn1948 · 4 flats€21,583€1,6222024
DJaani tn 10Elva linn1948 · 7 flats€0€30,2042025

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 €4,237.

When was the building built?

According to the building register, it was first used in 1948 and has 2 storeys.

Who is on the association's board?

According to the business register, the association is run by Elva Varahalduse 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.