Apartment association · Nõo alevik, Nõo vald
Lao tn 1 apartment association
Nõo vald, Nõo alevik, Lao tn 1 korteriühistu (registry code 80068696) manages a 3-storey panel building built in 1989 with 24 flats. According to its 2025 annual report, the association's long-term liabilities were €281,479 (€190 per m² of flat space) and it held €19,201 in cash. In 2023 long-term liabilities rose from €276,225 to €319,837 — usually a sign of a renovation.
Board
- IHIvo Hagelboard member8 years 9 months
- RVRaili Värnoboard member8 years 9 months
- ÜÜÜlo Üllimboard member8 years 9 months
- House conditionaverage
- age, energy class and works done
- Loan affordabilitygood
- loan vs the association's annual income
- Cash buffergood
- cash next to the loan, 3-year average
- Managementgood
- reports filed on time
Building
- Built
- 1989
- Storeys
- 3
- Construction
- panel
- Flats
- 24
- Lift
- no
- Heating
- district heating
- A
- B
- C
- DDvalid until 18.02.2029
- E
- F
- G
- H
Compared with similar buildings: Nõo vald (24 associations).
Finances by year
Loan principal repayment is an estimated €0.52 per m² of flat space a month, about €26 a month for a 50 m² flat (interest not included) — about average for associations repaying a loan. The median is €0.52 in Estonia. At the current pace the loan will be repaid around 2056.
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €281,479 | €14,846 | €19,201 | €33,419 | €1,886 |
| 2024 | €315,053 | €13,547 | €24,792 | €23,781 | €1,886 |
| 2023 | €319,837 | €11,878 | €19,023 | €52,997 | €1,887 |
| 2022 | €276,225 | €16,900 | €19,825 | €33,804 | €1,887 |
| 2021 | €285,456 | €17,957 | €16,573 | €31,824 | €1,887 |
| 2020 | €297,792 | €17,099 | €14,061 | €29,145 | €1,887 |
| 2019 | €308,798 | €16,525 | €10,564 | €32,227 | €1,887 |
Compared with similar buildings (Nõo vald; 24 associations), long-term liabilities per m² of flat space are higher than 83% of them. The median for buildings with a loan is €185/m².
Flats in this building
No flat in this building has been for sale or rent in the last 12 months.
What is your flat worth?
An estimate for a flat at Lao tn 1 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| C | Kivi tn 2Nõo alevik1987 · 36 flats | €398,065 | €25,905 | 2025 |
| A | Kivi tn 4Nõo alevik1985 · 36 flats | €136,656 | €17,792 | 2025 |
| A | Lao tn 1bNõo alevik2021 · 18 flats | €0 | €10,020 | 2025 |
| A | Vahe tn 1Nõo alevik2022 · 18 flats | €0 | €6,763 | 2025 |
| B | Kivi tn 1Nõo alevik1980 · 36 flats | €157,826 | €160,049 | 2025 |
| C | Kivi tn 3Nõo alevik1984 · 36 flats | €366,739 | €10,531 | 2025 |
| – | Meegleri tn 1Nõo alevik2025 · 2 flats | no reports | ||
| A | Vahe tn 3Nõo alevik2023 · 18 flats | €0 | €5,621 | 2025 |
Frequently asked questions
Does the association have a loan?
According to its 2025 report, the association has €281,479 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 €19,201.
When was the building built?
According to the building register, it was first used in 1989 and has 3 storeys.
Who is on the association's board?
According to the business register, the board members are Ivo Hagel, Raili Värno, Ülo Üllim (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.