Apartment association · Laagri alevik, Saue vald
Kuuse tn 18a apartment association
Saue vald, Laagri alevik, Kuuse tn 18a korteriühistu (registry code 80407968) manages a 2-storey brick building built in 1970 with 12 flats. According to its 2025 annual report, the association's long-term liabilities were €136,645 (€260 per m² of flat space) and it held €47,652 in cash. In 2024 long-term liabilities rose from €0 to €142,354 — usually a sign of a renovation.
Board
- ARAsko Ristolainenboard member3 years 11 months
- KKKristjan Kraagboard member3 years 10 months
- VTVeiko Tammeorgboard member6 years 6 months
- House conditionaverage
- age, energy class and works done
- Loan affordabilityaverage
- loan vs the association's annual income
- Cash bufferaverage
- cash next to the loan, 3-year average
- Managementgood
- reports filed on time
Building
- Built
- 1970
- Storeys
- 2
- Construction
- brick
- Flats
- 12
- Lift
- no
- Heating
- district heating
- Renovated
- yes
Works on the building
per the building register
- A
- B
- C
- D
- E
- FFvalid until 22.07.2025
- G
- H
Compared with similar buildings: Saue vald, built 1965–1975, brick (39 associations).
Finances by year
Loan principal repayment is an estimated €0.90 per m² of flat space a month, about €45 a month for a 50 m² flat (interest not included) — more than 83% of associations repaying a loan. The median is €0.52 in Estonia and €0.60 in Saue vald. At the current pace the loan will be repaid around 2050.
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €136,645 | €52,350 | €47,652 | €9,818 | — |
| 2024 | €142,354 | €42,079 | €42,618 | €163,935 | — |
| 2023 | €0 | €40,033 | €43,109 | €3,785 | — |
| 2022 | €0 | €37,750 | €34,666 | €15,437 | — |
| 2021 | €0 | €37,120 | €35,485 | €6,142 | — |
| 2020 | €0 | €30,828 | €29,308 | €3,145 | — |
| 2019 | €0 | €19,726 | €17,419 | €3,007 | — |
Compared with similar buildings (Saue vald, built 1965–1975, brick; 39 associations), long-term liabilities per m² of flat space are higher than 97% of them. The median for buildings with a loan is €41/m².
Flats in this building
1 flat was offered for rent at €400 a month.
Estate agents who have offered flats in this building
- Janek RuusmereMeremäe J.E OÜ1 flat
What is your flat worth?
An estimate for a flat at Kuuse tn 18a from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| C | Avamaa tn 5Laagri alevik1972 · 12 flats | €29,604 | €619 | 2025 |
| C | Kuuse tn 18Laagri alevik1983 · 12 flats | €11,203 | €13,259 | 2025 |
| B | Avamaa tn 7Laagri alevik1992 · 18 flats | €246,024 | €19,824 | 2025 |
| A | Kuuse tn 33Laagri alevik1969 · 12 flats | €106,848 | €15,949 | 2025 |
| C | Kuuse tn 35Laagri alevik1969 · 12 flats | €0 | €20,837 | 2025 |
| C | Kuuse tn 20Laagri alevik1971 · 12 flats | €32,811 | €11,321 | 2025 |
| A | Avamaa tn 9Laagri alevik1994 · 18 flats | €38,701 | €36,743 | 2025 |
| B | Kuuse tn 31Laagri alevik1968 · 12 flats | €83,244 | €12,608 | 2025 |
Frequently asked questions
Does the association have a loan?
According to its 2025 report, the association has €136,645 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 €47,652.
When was the building built?
According to the building register, it was first used in 1970 and has 2 storeys.
Who is on the association's board?
According to the business register, the board members are Asko Ristolainen, Kristjan Kraag, Veiko Tammeorg (board since 30.03.2020).
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.