Apartment association · Lehtmetsa küla, Anija vald

Kose mnt 40 apartment association

Anija vald, Lehtmetsa küla, Kose mnt 40 korteriühistu (registry code 80296865) manages a 3-storey brick building built in 1988 with 36 flats. According to its 2025 annual report, the association's long-term liabilities were €125,632 (€72 per m² of flat space) and it held €10,420 in cash. In 2021 long-term liabilities rose from €18,454 to €153,311 — usually a sign of a renovation.

Board

  • KLKarin Leeverboard member1 year 9 months
  • RPRait Piirfeldtboard member5 years 3 months
C
Association grade
C · average
Anija vald: ranked 28 of 78 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
Managementaverage
reports filed on time

Building

Built
1988
Storeys
3
Construction
brick
Flats
36
Lift
no
Heating
district heating
Energy class
  • A
  • B
  • C
  • D
  • EEvalid until 26.04.2031
  • F
  • G
  • H

Building page: Kose mnt 40 →

Long-term liabilities
€125,632
as of 31.12.2025
Liabilities per m²
€72
similar buildings with a renovation loan €97
Cash
€10,420
€6/m² · similar €15/m²
Income per m² a month
€1.22
similar buildings €1.26

Compared with similar buildings: Anija vald (78 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
30 €/m²201911 €/m²202088 €/m²new loan202185 €/m²202281 €/m²202376 €/m²202472 €/m²2025
similar buildings with a renovation loan (median)

Loan principal repayment is an estimated €0.32 per m² of flat space a month, about €16 a month for a 50 m² flat (interest not included) — less than 75% of associations repaying a loan. The median is €0.52 in Estonia and €0.45 in Anija vald. At the current pace the loan will be repaid around 2044.

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€125,632€15,044€10,420€25,510€2,087
2024€131,879€13,666€9,465€17,565€2,121
2023€141,141€12,649€9,206€17,721€2,680
2022€148,055€12,539€9,174€25,976€2,121
2021€153,311€12,543€18,810€23,907€2,087
2020€18,454€3,627€24,654€8,542€1,967
2019€51,818€9,938€38,192€8,732€1,365

Compared with similar buildings (Anija vald; 78 associations), long-term liabilities per m² of flat space are higher than 62% of them. The median for buildings with a loan is €70/m².

Flats in this building

Over the last 12 months 1 flat has been for sale in this building, asking €1,396–€1,396 per m².

Estate agents who have offered flats in this building

What is your flat worth?

An estimate for a flat at Kose mnt 40 from similar homes — free and instant.

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
CKose mnt 34Lehtmetsa küla1981 · 23 flats€290,683€31,0412025
AKose mnt 38Lehtmetsa küla1987 · 60 flats€0€216,5142025
DKose mnt 32Lehtmetsa küla1980 · 24 flats€43,393€45,7282025
CKose mnt 26Lehtmetsa küla1975 · 18 flats€105,394€16,0892025
AKose mnt 28Lehtmetsa küla1976 · 48 flats€179,388€39,8412025
DKose mnt 30Lehtmetsa küla1982 · 60 flats€622,836€31,4792025
CKose mnt 24Lehtmetsa küla1972 · 12 flats€42,578€45,3652025
BAia tn 13Kehra linn1964 · 24 flats€182,121€23,0302025

Frequently asked questions

Does the association have a loan?

According to its 2025 report, the association has €125,632 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 €10,420.

When was the building built?

According to the building register, it was first used in 1988 and has 3 storeys.

Who is on the association's board?

According to the business register, the board members are Karin Leever, Rait Piirfeldt (board since 21.07.2021).

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.