Apartment association · Haapsalu linn
Kooli tn 1 apartment association
Haapsalu linn, Kooli tn 1 korteriühistu (registry code 80521434) manages a 2-storey log building built in 1961 with 7 flats. According to its 2025 annual report, the association's long-term liabilities were €68,632 (€167 per m² of flat space) and it held €1,145 in cash. Long-term liabilities have fallen 23% since 2019.
Board
- TRTaavi Raadikboard member8 years 7 months
- ULUrmas Lihtboard member8 years 7 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
- Managementgood
- reports filed on time
Building
- Built
- 1961
- Storeys
- 2
- Construction
- log
- Flats
- 7
- Lift
- no
- Heating
- stove
Compared with similar buildings: Haapsalu linn, built 1956–1966 (41 associations).
Finances by year
Loan principal repayment is an estimated €0.70 per m² of flat space a month, about €35 a month for a 50 m² flat (interest not included) — more than 69% of associations repaying a loan. The median is €0.52 in Estonia and €0.43 in Haapsalu linn. At the current pace the loan will be repaid around 2045.
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €68,632 | €15,117 | €1,145 | €8,472 | — |
| 2024 | €72,381 | €11,449 | €725 | €9,183 | — |
| 2023 | €76,027 | €10,540 | €876 | €8,828 | — |
| 2022 | €78,724 | €10,242 | €2,374 | €7,523 | — |
| 2021 | €82,008 | €8,940 | €2,698 | €8,230 | — |
| 2020 | €85,914 | €7,190 | €1,644 | €8,852 | — |
| 2019 | €89,714 | €5,515 | €809 | €24,338 | — |
Compared with similar buildings (Haapsalu linn, built 1956–1966; 41 associations), long-term liabilities per m² of flat space are higher than 93% of them. The median for buildings with a loan is €64/m².
Flats in this building
Over the last 12 months 1 flat has been for sale in this building, asking €2,737–€2,737 per m².
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| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| C | Kooli tn 31947 · 5 flats | €0 | €13,453 | 2025 |
| – | Haapsalu linn, Väike-Ahli küla, Uue-Vahtramäe korteriühistu1930 | €0 | €1,890 | 2025 |
| – | Linda tn 32024 · 2 flats | no reports | ||
| B | Jaani tn 42002 · 22 flats | €0 | €2,537 | 2025 |
| D | Rüütli tn 31860 · 8 flats | €0 | €15,021 | 2025 |
| – | Rüütli tn 61961 · 3 flats | no reports | ||
| C | Rüütli tn 41900 · 5 flats | €0 | €6,154 | 2025 |
| C | Kooli tn 7 // 7a1983 · 5 flats | €142,197 | €2,312 | 2024 |
Frequently asked questions
Does the association have a loan?
According to its 2025 report, the association has €68,632 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 €1,145.
When was the building built?
According to the building register, it was first used in 1961 and has 2 storeys.
Who is on the association's board?
According to the business register, the board members are Taavi Raadik, Urmas Liht (board since 14.03.2018).
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, 2019–2025). Building: building register. Flats on offer: Leiamaakler.ee data from the property portals.