Apartment association · Tapa linn, Tapa vald
Lembitu pst 16 apartment association
Tapa vald, Tapa linn, Lembitu pst 16 korteriühistu (registry code 80008079) manages a 5-storey block building built in 1974 with 55 flats. According to its 2025 annual report, the association's long-term liabilities were €572,327 (€219 per m² of flat space) and it held €18,101 in cash. In 2022 long-term liabilities rose from €44,261 to €640,003 — usually a sign of a renovation.
Board
- AKAndres Kokkboard member3 years 10 monthsalso: 1. Mai pst 23a, 1. Mai pst 6, Ambla mnt 24, Eha tn 12 + 18 more
- House conditiongood
- 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 · professional manager
Building
- Built
- 1974
- Storeys
- 5
- Construction
- block
- Flats
- 55
- Lift
- no
- Heating
- district heating
- Renovated
- 2023
Works on the building
per the building register's energy certificate
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.
- Facade
- Roof
- Pipes
- Heating
- Ventilation
- Windows
- Wiring
- Stairwell
- Balconies
- Basement
- Entrance doors
- „Maja on täielikult renvoveeritud“ · ad of 1 flat
- „Kõik torud on vahetatud“ · ad of 1 flat
- „paigaldatud on kaasaegsed digitaalsed arvestid ja reguleeritavad soojustarbimise mõõturitega uued küttekehad“ · ad of 1 flat
- „paigaldatud uus ventilatsioon“ · ad of 1 flat
- „vahetatud uued aknad“ · ad of 1 flat
- „Uued suuremad klaasitud rõdud“ · ad of 1 flat
- A
- BBvalid until 27.01.2035
- C
- D
- E
- F
- G
- H
Building page: Lembitu pst 16 →
Compared with similar buildings: Tapa vald, built 1969–1979 (35 associations).
Finances by year
Loan principal repayment is an estimated €0.74 per m² of flat space a month, about €37 a month for a 50 m² flat (interest not included) — more than 73% of associations repaying a loan. The median is €0.52 in Estonia and €0.58 in Tapa vald. At the current pace the loan will be repaid around 2050.
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €572,327 | €43,484 | €18,101 | €72,197 | €6,469 |
| 2024 | €598,272 | €72,958 | €46,355 | €78,360 | €6,030 |
| 2023 | €621,598 | €89,614 | €71,685 | €718,257 | €7,750 |
| 2022 | €640,003 | €132,814 | €46,914 | €719,833 | €6,964 |
| 2021 | €44,261 | €6,632 | €64,440 | €29,375 | €6,138 |
| 2020 | €51,209 | €4,915 | €68,755 | €13,737 | €5,179 |
| 2019 | €42,492 | €5,025 | €57,352 | €13,740 | €5,349 |
Compared with similar buildings (Tapa vald, built 1969–1979; 35 associations), long-term liabilities per m² of flat space are higher than 91% of them. The median for buildings with a loan is €96/m².
Flats in this building
Over the last 12 months 2 flats have been for sale in this building, asking €819–€899 per m². 2 flats were offered for rent at €249–€300 a month.
What is your flat worth?
An estimate for a flat at Lembitu pst 16 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| A | Lembitu pst 15Tapa linn1970 · 55 flats | €516,915 | €31,964 | 2025 |
| B | Õhtu pst 30Tapa linn1995 · 27 flats | €0 | €13,334 | 2025 |
| A | 1. Mai pst 23aTapa linn1974 · 18 flats | €132,180 | €12,908 | 2025 |
| C | 1. Mai pst 21aTapa linn1960 · 8 flats | €11,498 | €3,266 | 2025 |
| C | 1. Mai pst 19Tapa linn1995 · 8 flats | €5,672 | €3,325 | 2024 |
| B | Õhtu pst 36Tapa linn1978 · 8 flats | €0 | €14,311 | 2025 |
| B | E. Vilde tn 32Tapa linn1995 · 12 flats | €28,985 | €32,265 | 2025 |
| C | Õhtu pst 15Tapa linn1984 · 6 flats | €0 | €2,184 | 2025 |
Frequently asked questions
Does the association have a loan?
According to its 2025 report, the association has €572,327 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 €18,101.
When was the building built?
According to the building register, it was first used in 1974 and has 5 storeys.
Who is on the association's board?
According to the business register, the board members are Andres Kokk (board since 29.11.2022).
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.