Apartment association · Rakvere linn
Laada tn 10 apartment association
Rakvere linn, Laada tn 10 korteriühistu (registry code 80236225) manages a 5-storey panel building built in 1966 with 60 flats. According to its 2025 annual report, the association's long-term liabilities were €416,855 (€154 per m² of flat space) and it held €11,124 in cash. Long-term liabilities have fallen 28% since 2019.
Board
- IVIvo Vellakboard member6 years 4 months
- LKLiis Kullboard member2 months
- MMMerike Mäeseppboard member6 years 4 monthsalso: Lai tn 27
- SJSvetlana Järnjaboard member4 years
- 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
- 1966
- Storeys
- 5
- Construction
- panel
- Flats
- 60
- Lift
- no
- Heating
- district heating
- Renovated
- yes
Works on the building
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.
- „Müüa Rakvere südalinnas renoveeritud maja esimesel korrusel heas korras 1-toaline korter.“ · ad of 1 flat
- A
- B
- CCvalid until 25.01.2031
- D
- E
- F
- G
- H
Compared with similar buildings: Rakvere linn, built 1961–1971, panel (15 associations).
Finances by year
Loan principal repayment is an estimated €0.72 per m² of flat space a month, about €36 a month for a 50 m² flat (interest not included) — more than 71% 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 2043.
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €416,855 | €32,830 | €11,124 | €21,605 | €0 |
| 2024 | €444,063 | €31,868 | €7,054 | €18,343 | €2,181 |
| 2023 | €468,945 | €28,922 | €8,413 | €16,654 | €1,846 |
| 2022 | €488,916 | €32,837 | €19,995 | €13,230 | €1,642 |
| 2021 | €510,546 | €47,628 | €17,228 | €13,125 | €1,514 |
| 2020 | €542,758 | €50,714 | €16,004 | €14,362 | €1,539 |
| 2019 | €576,104 | €55,876 | €15,162 | €433,647 | €1,539 |
Compared with similar buildings (Rakvere linn, built 1961–1971, panel; 15 associations), long-term liabilities per m² of flat space are higher than 67% of them. The median for buildings with a loan is €117/m².
Flats in this building
Over the last 12 months 2 flats have been for sale in this building, asking €9–€2,023 per m². 3 flats were offered for rent at €320–€450 a month.
Estate agents in Rakvere · Flat prices in Rakvere
Estate agents who have offered flats in this building
- Jörgen TruuKinnisvarabüroo Uus Maa OÜ1 flat
- Margus PunaneKinnisvarabüroo Uus Maa OÜ1 flat
What is your flat worth?
An estimate for a flat at Laada tn 10 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| A | Turu plats 72006 · 6 flats | €0 | €4,392 | 2025 |
| C | Turu plats 32006 · 24 flats | €0 | €111,593 | 2025 |
| C | Laada tn 231961 · 24 flats | €0 | €32,180 | 2025 |
| C | Laada tn 81971 · 60 flats | €321,596 | €44,056 | 2025 |
| – | Laada tn 8a1897 · 3 flats | no reports | ||
| B | Laada tn 251964 · 31 flats | €98,585 | €12,684 | 2025 |
| – | Posti tn 141932 · 4 flats | no reports | ||
| B | Posti tn 131966 · 32 flats | €25,741 | €9,091 | 2025 |
Frequently asked questions
Does the association have a loan?
According to its 2025 report, the association has €416,855 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 €11,124.
When was the building built?
According to the building register, it was first used in 1966 and has 5 storeys.
Who is on the association's board?
According to the business register, the board members are Ivo Vellak, Liis Kull, Merike Mäesepp, Svetlana Järnja (board since 04.06.2020).
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.