Apartment association · Rakvere linn

L. Koidula tn 3 apartment association

Rakvere linn, L. Koidula tn 3 korteriühistu (registry code 80137345) manages a 4-storey brick building built in 1970 with 16 flats. According to its 2025 annual report, the association's long-term liabilities were €42,364 (€52 per m² of flat space) and it held €32,545 in cash. In 2025 long-term liabilities rose from €0 to €42,364 — usually a sign of a renovation.

Board

B
Association grade
B · good
Rakvere linn: ranked 56 of 202 graded associations.
House conditionaverage
age, energy class and works done
Loan affordabilitygood
loan vs the association's annual income
Cash bufferaverage
cash next to the loan, 3-year average
Managementgood
reports filed on time · professional manager

Building

Built
1970
Storeys
4
Construction
brick
Flats
16
Lift
no
Heating
district heating

Building page: L. Koidula tn 3 →

Long-term liabilities
€42,364
as of 31.12.2025
Liabilities per m²
€52
similar buildings with a loan €119
Cash
€32,545
€40/m² · similar €11/m²
Income per m² a month
€4.34
similar buildings €0.83

Compared with similar buildings: Rakvere linn, built 1965–1975 (37 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
0 €/m²20190 €/m²20200 €/m²20210 €/m²20220 €/m²20230 €/m²202452 €/m²new loan2025
YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€42,364€41,896€32,545€42,509€0
2024€0€17,121€13,003€29,862€0
2023€0€34,951€30,694€6,161€0
2022€0€27,303€22,388€4,001€0
2021€0€19,178€15,595€3,595€0
2020€0€10,150€7,682€3,690€0
2019€0€5,753€3,908€11,199€204

Compared with similar buildings (Rakvere linn, built 1965–1975; 37 associations), long-term liabilities per m² of flat space are higher than 35% of them. The median for buildings with a loan is €119/m².

Flats in this building

Over the last 12 months 2 flats have been for sale in this building, asking €1,440–€1,897 per m². 3 flats were offered for rent at €290–€345 a month.

Estate agents in Rakvere · Flat prices in Rakvere

Estate agents who have offered flats in this building

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
CO. Arderi tn 31964 · 32 flats€122,290€9,4092025
–L. Koidula tn 71948 · 9 flats€0€9,3922023
–L. Koidula tn 8a1961 · 4 flatsno reports
ASilla tn 71981 · 15 flats€317,918€5,6052025
–Kastani pst 151951 · 4 flatsno reports
ALai tn 311964 · 36 flats€277,664€67,1132025
CTuleviku tn 31923 · 9 flats€15,981€8,1792025
ALai tn 291964 · 44 flats€247,854€22,9752025

Frequently asked questions

Does the association have a loan?

According to its 2025 report, the association has €42,364 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 €32,545.

When was the building built?

According to the building register, it was first used in 1970 and has 4 storeys.

Who is on the association's board?

According to the business register, the board members are Kristi Mägi, Siret Kaunissaar, Veiko Vassiljev (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.