Apartment association · Elva linn, Elva vald

Kirde tn 1a apartment association

Elva vald, Elva linn, Kirde tn 1a korteriühistu (registry code 80328424) manages a 3-storey panel building built in 1992 with 24 flats. According to its 2025 annual report, the association's long-term liabilities were €351,105 (€234 per m² of flat space) and it held €13,842 in cash. In 2025 long-term liabilities rose from €80,468 to €351,105 — usually a sign of a renovation.

Board

The association is run by OÜ Ropka Elamu.

B
Association grade
B · good
Elva vald: ranked 26 of 125 graded associations.
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
Managementgood
reports filed on time · professional manager

Building

Built
1992
Storeys
3
Construction
panel
Flats
24
Lift
no
Heating
district heating

Building page: Kirde tn 1a →

Long-term liabilities
€351,105
as of 31.12.2025
Liabilities per m²
€234
similar buildings with a renovation loan €77
Cash
€13,842
€9/m² · similar €19/m²
Income per m² a month
€2.64
similar buildings €0.66

Compared with similar buildings: Elva vald (125 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
80 €/m²201975 €/m²202070 €/m²202164 €/m²202259 €/m²202354 €/m²2024234 €/m²new loan2025
similar buildings with a renovation loan (median)

Loan principal repayment is an estimated €0.44 per m² of flat space a month, about €22 a month for a 50 m² flat (interest not included) — about average for associations repaying a loan. The median is €0.52 in Estonia and €0.67 in Elva vald.

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€351,105€19,971€13,842€47,549€0
2024€80,468€37,425€42,806€9,018€0
2023€88,720€36,191€39,603€11,807€0
2022€96,537€36,585€39,407€10,647€0
2021€104,494€36,137€39,717€3,470€0
2020€112,144€30,277€33,013€5,668€0
2019€119,509€27,411€28,606€12,575€0

Compared with similar buildings (Elva vald; 125 associations), long-term liabilities per m² of flat space are higher than 92% of them. The median for buildings with a loan is €71/m².

Flats in this building

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

What is your flat worth?

An estimate for a flat at Kirde tn 1a from similar homes — free and instant.

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
AKirde tn 1Elva linn1972 · 24 flats€20,693€2,3802025
CTartu mnt 27cElva linn1970 · 21 flats€0€21,1452025
CTartu mnt 27bElva linn1973 · 24 flats€71,213€9,9172025
CTartu mnt 27aElva linn1964 · 23 flats€119,424€10,2952025
CPikk tn 69Elva linn1966 · 24 flats€52,402€15,3002025
–Kirde tn 2aElva linn1961€0—2025
APikk tn 75Elva linn1980 · 10 flats€1,231€6,8982025
EPikk tn 65Elva linn1970 · 18 flats€42,428€5,1842025

Frequently asked questions

Does the association have a loan?

According to its 2025 report, the association has €351,105 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 €13,842.

When was the building built?

According to the building register, it was first used in 1992 and has 3 storeys.

Who is on the association's board?

According to the business register, the association is run by OÜ Ropka Elamu.

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.