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
- KMKristi Mägiboard member8 years 9 months
- SKSiret Kaunissaarboard member8 years 9 months
- VVVeiko Vassiljevboard member7 years 6 monthsalso: Heina tn 12, Jõe tn 6, Kauba tn 6, Laada tn 4 + 11 more
- 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 →
Compared with similar buildings: Rakvere linn, built 1965–1975 (37 associations).
Finances by year
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour 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
- Andrus PeielArco Vara Kinnisvarabüroo OÜ1 flat
- Margus PunaneKinnisvarabüroo Uus Maa OÜ1 flat
What is your flat worth?
An estimate for a flat at L. Koidula tn 3 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| C | O. Arderi tn 31964 · 32 flats | €122,290 | €9,409 | 2025 |
| – | L. Koidula tn 71948 · 9 flats | €0 | €9,392 | 2023 |
| – | L. Koidula tn 8a1961 · 4 flats | no reports | ||
| A | Silla tn 71981 · 15 flats | €317,918 | €5,605 | 2025 |
| – | Kastani pst 151951 · 4 flats | no reports | ||
| A | Lai tn 311964 · 36 flats | €277,664 | €67,113 | 2025 |
| C | Tuleviku tn 31923 · 9 flats | €15,981 | €8,179 | 2025 |
| A | Lai tn 291964 · 44 flats | €247,854 | €22,975 | 2025 |
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.