Apartment association · Tamsalu linn, Tapa vald

Koidu tn 15 apartment association

Tapa vald, Tamsalu linn, Koidu tn 15 korteriühistu (registry code 80516290) manages a 2-storey brick building built in 1985 with 12 flats. According to its 2025 annual report, the association's long-term liabilities were €9,174 (€18 per m² of flat space) and it held €11,081 in cash.

Board

C
Association grade
C · average
Tapa vald: ranked 67 of 148 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
1985
Storeys
2
Construction
brick
Flats
12
Lift
no
Heating
stove

Building page: Koidu tn 15 →

Long-term liabilities
€9,174
as of 31.12.2025
Liabilities per m²
€18
similar buildings with a loan €113
Cash
€11,081
€22/m² · similar €13/m²
Income per m² a month
€0.52
similar buildings €1.06

Compared with similar buildings: Tapa vald, built 1980–1990, brick (17 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
0 €/m²20190 €/m²20200 €/m²202137 €/m²202232 €/m²202324 €/m²202418 €/m²2025

Loan principal repayment is an estimated €0.50 per m² of flat space a month, about €25 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 €0.58 in Tapa vald. At the current pace the loan will be repaid around 2028.

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€9,174€10,777€11,081€3,208€803
2024€12,233€7,609€8,379€5,853€803
2023€16,459€6,760€7,978€6,522€696
2022€19,091€7,184€7,404€34,731€482
2021€0€9,569€12,175€28,664€482
2020€0€15,754€16,942€2,425€482
2019€0€7,063€7,369€1,657€361

Compared with similar buildings (Tapa vald, built 1980–1990, brick; 17 associations), long-term liabilities per m² of flat space are higher than 53% of them. The median for buildings with a loan is €113/m².

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
DKoidu tn 13Tamsalu linn1973 · 9 flats€0€4,6202025
CKoidu tn 17Tamsalu linn1964 · 15 flats€0€5,0122025
CÄäsi tn 6Tamsalu linn1974 · 60 flats€0€70,3842025
CKoidu tn 14Tamsalu linn1967 · 12 flats€0€17,0232025
DKoidu tn 12Tamsalu linn1967 · 12 flats€0€26,0422025
CKoidu tn 19Tamsalu linn1985 · 15 flats€0€9,4572025
CÄäsi tn 8Tamsalu linn1975 · 60 flats€0€96,7742025
CÄäsi tn 5Tamsalu linn1975 · 12 flats€0€23,2862025

Frequently asked questions

Does the association have a loan?

According to its 2025 report, the association has €9,174 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 €11,081.

When was the building built?

According to the building register, it was first used in 1985 and has 2 storeys.

Who is on the association's board?

According to the business register, the board members are Alo Leek, Herki Loide, Kaili Raidvere (board since 05.04.2024).

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.