Apartment association · Tartu linn
Kummeli tn 11 apartment association
Tartu linn, Kummeli tn 11 korteriühistu (registry code 80117124) manages a 3-storey brick building built in 1990 with 15 flats. According to its 2024 annual report, the association's long-term liabilities were €160,069 (€170 per m² of flat space) and it held €10,815 in cash. Long-term liabilities have fallen 23% since 2019.
Board
- EKEeva Kookboard member8 years 4 months
- LTLiina Tilkboard member8 years 4 months
- TPTheresa Pressboard member8 years 9 months
- House conditiongood
- age, energy class and works done
- Loan affordabilityweak
- loan vs the association's annual income
- Cash buffergood
- cash next to the loan, 3-year average
- Managementweak
- reports filed on time
Building
- Built
- 1990
- Storeys
- 3
- Construction
- brick
- Flats
- 15
- Lift
- no
- Heating
- district heating
- Renovated
- yes
Works on the building
per the building register
- A
- B
- CCvalid until 23.01.2030
- D
- E
- F
- G
- H
Building page: Kummeli tn 11 →
Compared with similar buildings: Tartu linn, built 1985–1995, brick (34 associations).
Finances by year
Loan principal repayment is an estimated €0.76 per m² of flat space a month, about €38 a month for a 50 m² flat (interest not included) — more than 75% of associations repaying a loan. The median is €0.52 in Estonia and €0.66 in Tartu linn. At the current pace the loan will be repaid around 2043.
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2024 | €160,069 | €24,784 | €10,815 | €5,215 | €1,915 |
| 2023 | €167,238 | €22,755 | €10,805 | €5,196 | €1,915 |
| 2022 | €175,860 | €22,032 | €6,461 | €7,499 | €1,915 |
| 2021 | €186,385 | €19,760 | €5,972 | €8,335 | €1,931 |
| 2020 | €196,935 | €22,666 | €7,149 | €4,963 | €2,258 |
| 2019 | €207,284 | €20,167 | €7,932 | €20,877 | €2,941 |
Compared with similar buildings (Tartu linn, built 1985–1995, brick; 34 associations), long-term liabilities per m² of flat space are higher than 85% of them. The median for buildings with a loan is €69/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 Kummeli tn 11 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| C | Kummeli tn 151998 · 15 flats | €0 | €18,490 | 2025 |
| – | Vilja tn 231995 · 2 flats | no reports | ||
| B | Kummeli tn 182013 · 14 flats | €0 | €7,788 | 2025 |
| A | Kummeli tn 162014 · 18 flats | €0 | €8,968 | 2025 |
| A | Kummeli tn 202016 · 18 flats | €0 | €6,977 | 2025 |
| B | Vilja tn 391997 · 15 flats | €26,293 | €10,974 | 2025 |
| B | Kummeli tn 31995 · 15 flats | €47,234 | €7,945 | 2025 |
| A | Kummeli tn 142015 · 18 flats | €0 | €11,759 | 2025 |
Frequently asked questions
Does the association have a loan?
According to its 2024 report, the association has €160,069 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 €10,815.
When was the building built?
According to the building register, it was first used in 1990 and has 3 storeys.
Who is on the association's board?
According to the business register, the board members are Eeva Kook, Liina Tilk, Theresa Press (board since 06.01.2018).
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.