Apartment association · Rakvere linn
Kungla tn 9 apartment association
Rakvere linn, Kungla tn 9 korteriühistu (registry code 80170733) manages a 5-storey panel building built in 1984 with 60 flats. According to its 2025 annual report, the association's long-term liabilities were €456,587 (€138 per m² of flat space) and it held €48,278 in cash. Long-term liabilities have fallen 26% since 2019.
Board
- AAAngelika Aavasteboard member8 years 9 months
- JVJana Vissakboard member8 years 9 months
- JPJelena Petrovaboard member8 years 9 months
- KNKaido Nõmmkülaboard member8 years 9 months
- LLLea Lehtmetsboard member8 years 9 months
- RVRita Vasinaboard member8 years 9 monthsalso: Seminari tn 11, Tuleviku tn 6, Parkali tn 9a
- TNTiiu Niitboard 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
- Managementgood
- reports filed on time
Building
- Built
- 1984
- Storeys
- 5
- Construction
- panel
- Flats
- 60
- Lift
- no
- Heating
- district heating
- Renovated
- yes
Works on the building
per the building register
- A
- BBvalid until 25.01.2031
- C
- D
- E
- F
- G
- H
Compared with similar buildings: Rakvere linn, built 1979–1989, panel (28 associations).
Finances by year
Loan principal repayment is an estimated €0.62 per m² of flat space a month, about €31 a month for a 50 m² flat (interest not included) — more than 61% of associations repaying a loan. The median is €0.52 in Estonia and €0.65 in Rakvere linn. At the current pace the loan will be repaid around 2044.
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €456,587 | €35,561 | €48,278 | €21,120 | -€7,220 |
| 2024 | €487,380 | €32,545 | €54,391 | €20,770 | -€7,040 |
| 2023 | €514,315 | €30,095 | €49,932 | €20,230 | -€6,594 |
| 2022 | €536,600 | €30,229 | €45,274 | €20,519 | -€6,077 |
| 2021 | €559,103 | €37,228 | €36,889 | €20,486 | -€6,162 |
| 2020 | €588,004 | €32,922 | €46,322 | €22,277 | -€6,096 |
| 2019 | €616,097 | €34,148 | €39,009 | €486,884 | -€6,883 |
Compared with similar buildings (Rakvere linn, built 1979–1989, panel; 28 associations), long-term liabilities per m² of flat space are higher than 57% of them. The median for buildings with a loan is €135/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 Kungla tn 9 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| E | Kungla tn 111985 · 60 flats | €486,152 | €48,788 | 2025 |
| D | Seminari tn 111983 · 15 flats | €130,358 | €12,628 | 2025 |
| A | Kungla tn 71977 · 60 flats | €413,919 | €23,053 | 2025 |
| E | Rägavere tee 161948 · 8 flats | €0 | €758 | 2025 |
| E | Kungla tn 61980 · 60 flats | €318,603 | €17,293 | 2025 |
| E | Rägavere tee 121948 · 8 flats | €0 | €2,711 | 2024 |
| D | Side tn 61984 · 37 flats | €278,432 | €18,828 | 2025 |
| A | Lembitu tn 4Lembitu tn 21986 · 75 flats | €882,706 | €32,458 | 2025 |
Frequently asked questions
Does the association have a loan?
According to its 2025 report, the association has €456,587 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 €48,278.
When was the building built?
According to the building register, it was first used in 1984 and has 5 storeys.
Who is on the association's board?
According to the business register, the board members are Angelika Aavaste, Jana Vissak, Jelena Petrova, Kaido Nõmmküla, Lea Lehtmets, Rita Vasina, Tiiu Niit (board since 07.01.2018).
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, 2019–2025). Building: building register. Flats on offer: Leiamaakler.ee data from the property portals.