Apartment association · Siimusti alevik, Jõgeva vald
Kiigemetsa tn 1 apartment association
Jõgeva vald, Siimusti alevik, Kiigemetsa tn 1 korteriühistu (registry code 80046312) manages a 3-storey block building built in 1989 with 24 flats. According to its 2025 annual report, the association's long-term liabilities were €270,334 (€190 per m² of flat space) and it held €13,834 in cash. In 2021 long-term liabilities rose from €0 to €285,201 — usually a sign of a renovation.
Board
- NSNelli Seppboard member4 years 4 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
- 1989
- Storeys
- 3
- Construction
- block
- Flats
- 24
- Lift
- no
- Heating
- district heating
Building page: Kiigemetsa tn 1 →
Compared with similar buildings: Jõgeva vald, built 1984–1994, block (15 associations).
Finances by year
Loan principal repayment is an estimated €0.22 per m² of flat space a month, about €11 a month for a 50 m² flat (interest not included) — less than 84% of associations repaying a loan. The median is €0.52 in Estonia and €0.45 in Jõgeva vald.
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €270,334 | €20,797 | €13,834 | €28,916 | €0 |
| 2024 | €275,214 | €13,060 | €7,767 | €30,500 | €0 |
| 2023 | €279,342 | €10,374 | €3,451 | €28,802 | €0 |
| 2022 | €281,677 | €12,018 | €3,482 | €31,065 | €0 |
| 2021 | €285,201 | €67,400 | €8,780 | €422,655 | €0 |
| 2020 | €0 | €18,120 | €14,061 | €16,371 | €0 |
| 2019 | €0 | €14,776 | €10,076 | €12,133 | €278 |
Compared with similar buildings (Jõgeva vald, built 1984–1994, block; 15 associations), long-term liabilities per m² of flat space are higher than 93% of them. The median for buildings with a loan is €52/m².
Flats in this building
Over the last 12 months 2 flats have been for sale in this building, asking €484–€582 per m².
Estate agents who have offered flats in this building
- Kaisa ReimetsPindi Kinnisvara OÜ1 flat
- Ragne PlaanPindi Kinnisvara OÜ1 flat
What is your flat worth?
An estimate for a flat at Kiigemetsa tn 1 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| C | Sauna tn 4Siimusti alevik1979 · 24 flats | €19,734 | €26,927 | 2025 |
| A | Sauna tn 2Siimusti alevik1980 · 24 flats | €227,814 | €19,209 | 2025 |
| C | Sauna tn 1 // Toominga tn 11Siimusti alevik1982 · 12 flats | €0 | €40,728 | 2025 |
| C | Torni tn 4Siimusti alevik1978 · 23 flats | €0 | €14,457 | 2025 |
| B | Torni tn 7Siimusti alevik1974 · 12 flats | €72,481 | €3,418 | 2025 |
| C | Toominga tn 2Siimusti alevik1984 · 24 flats | €63,667 | €10,243 | 2025 |
| C | Torni tn 2Siimusti alevik1977 · 10 flats | €0 | €10,601 | 2025 |
| C | Torni tn 5Siimusti alevik1973 · 12 flats | €0 | €9,754 | 2025 |
Frequently asked questions
Does the association have a loan?
According to its 2025 report, the association has €270,334 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 €13,834.
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 board members are Nelli Sepp (board since 01.06.2022).
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.