Apartment association · Klooga alevik, Lääne-Harju vald
Kivi tn 3 apartment association
Lääne-Harju vald, Klooga alevik, Kivi tn 3 korteriühistu (registry code 80185901) manages a 5-storey block building built in 1987 with 55 flats. According to its 2024 annual report, the association's long-term liabilities were €18,800 (€7 per m² of flat space) and it held €13,958 in cash. Long-term liabilities have fallen 64% since 2019.
Board
- JRJarek Riskaboard memberunder a month
- KSKarl Selterboard memberunder a monthalso: Järve tee 4
- KÖKatrin Öövelboard member8 years 9 months
- SKSylvia Kutšma-Selterboard memberunder a monthalso: Järve tee 4
- 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
- 1987
- Storeys
- 5
- Construction
- block
- Flats
- 55
- Lift
- no
- Heating
- district heating
Works on the building
Source: sale ads for flats in this building. These are sellers' and brokers' claims that we have not verified, and they may be inaccurate or incomplete. The association's board can confirm the facts.
- Facade
- Roof
- Pipes
- Heating
- Ventilation
- Windows
- Wiring
- Stairwell
- Balconies
- Basement
- Entrance doors
- „Korrus 5/5, kivimaja, ehitusaasta 1987, renoveeritud“ · ad of 1 flat
- „Maja fassaad ja katus on renoveeritud“ · ad of 1 flat
- „vahetatud on veepüstikud“ · ad of 1 flat
- „samuti on vahetatud maja küttesüsteem“ · ad of 1 flat
- „Paigaldatud on uued välisuksed“ · ad of 1 flat
Compared with similar buildings: Lääne-Harju vald, built 1982–1992, block (19 associations).
Finances by year
Loan principal repayment is an estimated €0.36 per m² of flat space a month, about €18 a month for a 50 m² flat (interest not included) — less than 70% of associations repaying a loan. The median is €0.52 in Estonia and €0.45 in Lääne-Harju vald. At the current pace the loan will be repaid around 2026.
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2024 | €18,800 | — | €13,958 | €71,957 | €6,384 |
| 2023 | €28,643 | — | €15,963 | €78,910 | €6,384 |
| 2022 | €41,392 | — | €13,228 | €78,540 | €6,384 |
| 2021 | €39,609 | — | €21,624 | €83,751 | €6,384 |
| 2020 | €41,913 | — | €7,092 | €71,959 | €6,384 |
| 2019 | €52,366 | — | €1,057 | €75,991 | €5,356 |
Compared with similar buildings (Lääne-Harju vald, built 1982–1992, block; 19 associations), long-term liabilities per m² of flat space are higher than 68% of them. The median for buildings with a loan is €20/m².
Flats in this building
Over the last 12 months 3 flats have been for sale in this building, asking €905–€1,335 per m². 1 flat was offered for rent at €300 a month.
Estate agents who have offered flats in this building
- Laura VassilevskajaElupind Kinnisvara OÜ1 flat
- Lääneranna KinnisvaraLääneranna Kinnisvara OÜ1 flat
- Svetlana DavidovskiSV Kinnisvaraekspert OÜ1 flat
What is your flat worth?
An estimate for a flat at Kivi tn 3 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| A | Järve tee 6Klooga alevik1982 · 76 flats | €875,907 | €51,424 | 2025 |
| C | Kivi tn 4Klooga alevik1987 · 45 flats | €0 | €46,609 | 2025 |
| A | Järve tee 4Klooga alevik1987 · 75 flats | €0 | €149,263 | 2025 |
| D | Kivi tn 2Klooga alevik1947 · 27 flats | €10,474 | €6,367 | 2025 |
| A | Liiva tn 3Klooga alevik1989 · 75 flats | €0 | €87,936 | 2025 |
| A | Saare tn 5Klooga alevik1961 · 75 flats | €0 | €26,686 | 2025 |
| B | Liiva tn 7Klooga alevik1998 · 74 flats | €0 | €69,483 | 2025 |
| – | Aedlinna tee 2Klooga alevik1947 · 8 flats | €0 | €3,385 | 2020 |
Frequently asked questions
Does the association have a loan?
According to its 2024 report, the association has €18,800 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 €13,958.
When was the building built?
According to the building register, it was first used in 1987 and has 5 storeys.
Who is on the association's board?
According to the business register, the board members are Jarek Riska, Karl Selter, Katrin Öövel, Sylvia Kutšma-Selter (board since 05.01.2018).
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.