Apartment association · Karla küla, Rae vald
Lodjapuu tee 8 apartment association
Rae vald, Karla küla, Lodjapuu tee 8 korteriühistu (registry code 80385735) manages a 2-storey block building built in 2015 with 6 flats. According to its 2025 annual report, the association's long-term liabilities were €587 (€1 per m² of flat space) and it held €6,425 in cash. Long-term liabilities have fallen 59% since 2019.
Board
- AOAivar Otsboard member2 years 3 months
- HSHannes Saarpuuboard member8 years 9 months
- 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
- Managementaverage
- reports filed on time
Building
- Built
- 2015
- Storeys
- 2
- Construction
- block
- Flats
- 6
- Heating
- stove
Building page: Lodjapuu tee 8 →
Compared with similar buildings: Rae vald, built 2010–2020, block (26 associations).
Finances by year
Loan principal repayment is an estimated €0.19 per m² of flat space a month, about €10 a month for a 50 m² flat (interest not included) — less than 88% of associations repaying a loan. The median is €0.52 in Estonia and €0.45 in Rae vald. At the current pace the loan will be repaid around 2026.
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €587 | €4,360 | €6,425 | €7,511 | €0 |
| 2024 | €3,216 | €1,072 | €5,514 | €5,432 | €0 |
| 2023 | €1,240 | €1,603 | €3,154 | €4,062 | €0 |
| 2022 | €2,398 | €1,225 | €4,804 | €1,172 | €0 |
| 2021 | €1,831 | €1,872 | €3,920 | €1,157 | €0 |
| 2020 | €0 | €697 | €2,172 | €5,257 | €0 |
| 2019 | €1,426 | €711 | €3,782 | €744 | €0 |
Compared with similar buildings (Rae vald, built 2010–2020, block; 26 associations), long-term liabilities per m² of flat space are higher than 65% of them. The median for buildings with a loan is €7/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 Lodjapuu tee 8 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| – | Lodjapuu tee 6Karla küla2017 · 2 flats | no reports | ||
| – | Lodjapuu tee 10Karla küla2013 · 2 flats | no reports | ||
| – | Lodjapuu tee 4Karla küla2018 · 2 flats | no reports | ||
| – | Lodjapuu tee 3Karla küla2006 · 2 flats | no reports | ||
| – | Lodjapuu tee 5Karla küla2015 · 3 flats | no reports | ||
| – | Sarapuu tee 4Karla küla2006 · 6 flats | no reports | ||
| – | Lodjapuu tee 7Karla küla2017 · 3 flats | no reports | ||
| – | Vikita tee 3Karla küla2017 · 4 flats | no reports | ||
Frequently asked questions
Does the association have a loan?
According to its 2025 report, the association has €587 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 €6,425.
When was the building built?
According to the building register, it was first used in 2015 and has 2 storeys.
Who is on the association's board?
According to the business register, the board members are Aivar Ots, Hannes Saarpuu (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.