Apartment association · Tartu linn

Kuu tn 39 apartment association

Tartu linn, Kuu tn 39 korteriühistu (registry code 80129989) manages a 5-storey panel building built in 1984 with 75 flats. According to its 2025 annual report, the association's long-term liabilities were €744,069 (€181 per m² of flat space) and it held €37,371 in cash. In 2021 long-term liabilities rose from €0 to €866,740 — usually a sign of a renovation.

Board

  • AKAndres Kaskboard member1 year 4 months
  • STSirje Tederboard member4 years 3 months
  • VRValentina Ruusboard member4 years 3 months
D
Association grade
D · below average
Tartu linn: ranked 1257 of 1,460 graded associations.
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
75
Lift
no
Heating
district heating
Renovated
yes

Works on the building

Energy class has improved: E (2013) → B (2024)

per the building register

Source: sale ads for flats in this building. These are sellers' and brokers' claims that we have not verified, and they may be inaccurate or incomplete. The association's board can confirm the facts.

The building has been fully renovated2022
  • Facade
  • Roof
  • Pipes
  • Heating
  • Ventilation
  • Windows
  • Wiring
  • Stairwell
  • Balconies
  • Basement
  • Entrance doors
The ads say
  • „Ehitis on renoveeritud 2022 aastal“ · ad of 1 flat
  • „renoveeriti fassaad, vahetati katus ning püstakud“ · ad of 1 flat
Energy class
  • A
  • BBvalid until 09.03.2034
  • C
  • D
  • E
  • F
  • G
  • H

Building page: Kuu tn 39 →

Long-term liabilities
€744,069
as of 31.12.2025
Liabilities per m²
€181
similar buildings with a renovation loan €179
Cash
€37,371
€9/m² · similar €14/m²
Income per m² a month
€0.49
similar buildings €1.04

Compared with similar buildings: Tartu linn, built 1979–1989, panel (118 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
0 €/m²20190 €/m²2020211 €/m²new loan2021204 €/m²2022198 €/m²2023190 €/m²2024181 €/m²2025
similar buildings with a renovation loan (median)

Loan principal repayment is an estimated €0.63 per m² of flat space a month, about €32 a month for a 50 m² flat (interest not included) — more than 62% 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 2049.

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€744,069€73,129€37,371€24,208€0
2024€781,119€65,716€36,080€21,742€0
2023€813,915€56,974€29,998€22,926€0
2022€837,001€59,187€23,807€478,816€0
2021€866,740€277,961€20,556€143,830€0
2020€0€106,430€108,683€20,295-€7,276
2019€0€79,661€81,526€18,140-€7,563

Compared with similar buildings (Tartu linn, built 1979–1989, panel; 118 associations), long-term liabilities per m² of flat space are higher than 85% of them. The median for buildings with a loan is €113/m².

Flats in this building

Over the last 12 months 1 flat has been for sale in this building, asking €2,134–€2,134 per m². 2 flats were offered for rent at €500–€550 a month.

Estate agents in Karlova · Flat prices in Karlova

Estate agents who have offered flats in this building

What is your flat worth?

An estimate for a flat at Kuu tn 39 from similar homes — free and instant.

Value your flat

Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
ARaua tn 811 flats€0€1,7332025
ANõva tn 31990 · 31 flats€465,345€14,5672025
CRaua tn 21989 · 45 flats€629,589€120,1892025
ANõva tn 11988 · 45 flats€255,091€3,8092025
–Raua tn 109 flatsno reports
ANõva tn 41984 · 60 flats€0€128,6152025
CRebase tn 51988 · 45 flats€294,771€3,3192025
CKuu tn 181988 · 55 flats€0€22,5292025

Frequently asked questions

Does the association have a loan?

According to its 2025 report, the association has €744,069 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 2025 the association held €37,371.

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 Andres Kask, Sirje Teder, Valentina Ruus (board since 14.07.2022).

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.