Apartment association · Rakvere linn
Laada tn 8 apartment association
Rakvere linn, Laada tn 8 korteriühistu (registry code 80265735) manages a 5-storey panel building built in 1971 with 60 flats. According to its 2025 annual report, the association's long-term liabilities were €321,596 (€119 per m² of flat space) and it held €44,056 in cash. Long-term liabilities have fallen 28% since 2019.
Board
- IMImre Maasikboard member3 years 2 months
- TKTõnis Kullboard member7 years 11 months
- 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
- 1971
- 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.
- „Korter asub renoveeritud majas ning on väga hea planeeringuga.“ · ad of 1 flat
- A
- BBvalid until 30.01.2030
- C
- D
- E
- F
- G
- H
Compared with similar buildings: Rakvere linn, built 1966–1976, panel (17 associations).
Finances by year
Loan principal repayment is an estimated €0.62 per m² of flat space a month, about €31 a month for a 50 m² flat (interest not included) — about average for 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 2041.
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €321,596 | €68,394 | €44,056 | €18,737 | €1,539 |
| 2024 | €345,107 | €60,420 | €36,662 | €26,778 | €2,913 |
| 2023 | €366,499 | €33,398 | €52,931 | €19,361 | €3,011 |
| 2022 | €383,292 | €25,852 | €57,726 | €20,155 | €3,011 |
| 2021 | €402,118 | €29,449 | €50,509 | €19,374 | €2,952 |
| 2020 | €424,385 | €26,738 | €45,998 | €19,516 | €3,011 |
| 2019 | €446,030 | €26,033 | €43,951 | €20,173 | €3,011 |
Compared with similar buildings (Rakvere linn, built 1966–1976, panel; 17 associations), long-term liabilities per m² of flat space are higher than 53% of them. The median for buildings with a loan is €125/m².
Flats in this building
3 flats were offered for rent at €300–€350 a month.
Estate agents in Rakvere · Flat prices in Rakvere
Estate agents who have offered flats in this building
- Gelly AlvisteKinnisvarabüroo Uus Maa OÜ1 flat
- Jörgen TruuKinnisvarabüroo Uus Maa OÜ1 flat
What is your flat worth?
An estimate for a flat at Laada tn 8 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| – | Laada tn 8a1897 · 3 flats | no reports | ||
| B | Posti tn 131966 · 32 flats | €25,741 | €9,091 | 2025 |
| D | Laada tn 101966 · 60 flats | €416,855 | €11,124 | 2025 |
| C | Laada tn 61970 · 59 flats | €0 | €151,748 | 2025 |
| – | Posti tn 141932 · 4 flats | no reports | ||
| C | Laada tn 231961 · 24 flats | €0 | €32,180 | 2025 |
| C | Turu plats 32006 · 24 flats | €0 | €111,593 | 2025 |
| A | Turu plats 72006 · 6 flats | €0 | €4,392 | 2025 |
Frequently asked questions
Does the association have a loan?
According to its 2025 report, the association has €321,596 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 €44,056.
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 Imre Maasik, Tõnis Kull (board since 21.11.2018).
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.