Apartment association · Pärnu linn

Laine tn 5 apartment association

Pärnu linn, Laine tn 5 korteriühistu (registry code 80090477) manages a 5-storey block building built in 1973 with 55 flats. According to its 2025 annual report, the association's long-term liabilities were €0 and it held €71,536 in cash. The report shows no long-term liabilities.

Board

  • AMAve Menetsboard member5 years 1 month
  • IRIvar Raudseppboard member8 years 9 months
  • KMKaja Martinsonboard member5 years 1 monthalso: Aisa tn 1, Kooli tn 21, Laine tn 8, Mai tn 16 + 12 more
  • MEMihkel Elmasteboard member5 years 1 month
  • TMTõnu Malvaboard member3 years 6 months
A
Association grade
A · very good
Pärnu linn: ranked 169 of 675 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
1973
Storeys
5
Construction
block
Flats
55
Lift
no
Heating
district heating
Energy class
  • A
  • B
  • C
  • DDvalid until 28.01.2034
  • E
  • F
  • G
  • H

Building page: Laine tn 5 →

Long-term liabilities
€0
as of 31.12.2025
Cash
€71,536
€27/m² · similar €12/m²
Income per m² a month
€0.47
similar buildings €0.88

Compared with similar buildings: Pärnu linn, built 1968–1978, block (32 associations).

Finances by year

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€0€76,850€71,536€14,984€0
2024€0€55,561€50,143€14,258€0
2023€0€35,401€29,275€52,643€0
2022€0€54,515€48,276€16,576€831
2021€0€39,648€32,431€23,679€3,947
2020€0€41,883€33,772€5,726€4,616
2019€0€29,314€22,359€11,236€4,315

Of similar buildings (Pärnu linn, built 1968–1978, block; 32 associations), 44% have long-term liabilities; this association has none.

Flats in this building

Over the last 12 months 1 flat has been for sale in this building, asking €2,374–€2,374 per m².

Estate agents in Kesklinn · Flat prices in Kesklinn

Estate agents who have offered flats in this building

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
BLaine tn 31974 · 55 flats€0€65,8032025
BLaine tn 81973 · 40 flats€0€14,0962025
CLaine tn 4a1992 · 58 flats€0€21,4562025
AKooli tn 692005 · 54 flats€0€23,6012025
–Laine tn 8a1998€0€1,9802025
AKooli tn 672005 · 54 flats€9,647€4,5452025
ALaine tn 11999 · 55 flats€86,391€22,9002025
–Mai tn 11963 · 10 flatsno reports

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 €71,536.

When was the building built?

According to the building register, it was first used in 1973 and has 5 storeys.

Who is on the association's board?

According to the business register, the board members are Ave Menets, Ivar Raudsepp, Kaja Martinson, Mihkel Elmaste, Tõnu Malva (board since 06.01.2018).

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.