Apartment association · Rakvere linn

Laada tn 4 apartment association

Rakvere linn, Laada tn 4 korteriühistu (registry code 80180341) manages a 5-storey panel building built in 1971 with 58 flats. According to its 2025 annual report, the association's long-term liabilities were €0 and it held €149,215 in cash. The report shows no long-term liabilities.

Board

  • KRKarl-Jaagup Rõngasboard member3 years 2 months
  • KSKersti Soosaluboard member8 years 9 months
  • LLLia Lassboard member8 years 9 months
  • VVVeiko Vassiljevboard member8 years 9 monthsalso: Heina tn 12, Jõe tn 6, Kauba tn 6, L. Koidula tn 3 + 11 more
B
Association grade
B · good
Rakvere linn: ranked 40 of 202 graded associations.
House conditionaverage
age, energy class and works done
Loan affordabilitygood
loan vs the association's annual income
Cash buffergood
cash per m², 3-year average
Managementgood
reports filed on time · professional manager

Building

Built
1971
Storeys
5
Construction
panel
Flats
58
Lift
no
Heating
district heating
Energy class
  • A
  • B
  • C
  • DDvalid until 24.08.2035
  • E
  • F
  • G
  • H

Building page: Laada tn 4 →

Long-term liabilities
€0
as of 31.12.2025
Cash
€149,215
€57/m² · similar €12/m²
Income per m² a month
€0.55
similar buildings €0.67

Compared with similar buildings: Rakvere linn, built 1966–1976, panel (17 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
19 €/m²201916 €/m²202013 €/m²202110 €/m²20226 €/m²20232 €/m²20240 €/m²2025
YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€0€170,534€149,215€17,287€2,359
2024€6,068€108,335€82,870€15,665€2,766
2023€16,028€41,341€14,895€19,590€2,760
2022€25,240€24,247€5,130€19,971€2,258
2021€34,029€21,729€3,051€26,888€2,007
2020€42,778€31,613€13,678€15,770€2,007
2019€51,275€33,711€13,225€15,054€1,915

Of similar buildings (Rakvere linn, built 1966–1976, panel; 17 associations), 82% have long-term liabilities; this association has none.

Flats in this building

Over the last 12 months 3 flats have been for sale in this building, asking €1,382–€1,575 per m². 2 flats were offered for rent at €200–€350 a month.

Estate agents in Rakvere · Flat prices in Rakvere

What is your flat worth?

An estimate for a flat at Laada tn 4 from similar homes — free and instant.

Value your flat

Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
CLaada tn 61970 · 59 flats€0€151,7482025
ELaada tn 51948 · 13 flats€0€02025
ELai tn 51960 · 17 flats€166,695€23,6382025
DLai tn 31948 · 6 flats€0€9,5172025
BPosti tn 131966 · 32 flats€25,741€9,0912025
CRohuaia tn 181974 · 12 flats€126,739€1,5702025
BLai tn 81948 · 8 flats€0€3,4482025
ALai tn 1 // Tallinna tn 161975 · 36 flats€0€68,3422025

Frequently asked questions

Does the association have a loan?

The 2025 report shows no long-term liabilities.

How much cash does the association have?

At the end of 2025 the association held €149,215.

When was the building built?

According to the building register, it was first used in 1971 and has 5 storeys.

Who is on the association's board?

According to the business register, the board members are Karl-Jaagup Rõngas, Kersti Soosalu, Lia Lass, 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.