Apartment association · Tartu linn
Lootuse tn 16 apartment association
Tartu linn, Lootuse tn 16 korteriühistu (registry code 80551858) manages a 3-storey log building built in 1977 with 6 flats. According to its 2024 annual report, the association's long-term liabilities were €0 and it held €3,007 in cash. The report shows no long-term liabilities.
Board
- CNCeith Nikkoloboard member6 years 10 months
- SKSigrid Kõllamõtsboard member6 years 10 months
- House conditionweak
- age, energy class and works done
- Loan affordabilitygood
- loan vs the association's annual income
- Cash bufferaverage
- cash per m², 3-year average
- Managementweak
- reports filed on time
Building
- Built
- 1977
- Storeys
- 3
- Construction
- log
- Flats
- 6
- Lift
- no
- Heating
- district heating
Building page: Lootuse tn 16 →
Compared with similar buildings: Tartu linn, built 1972–1982, log (71 associations).
Finances by year
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2024 | €0 | €2,967 | €3,007 | €5,902 | €0 |
| 2023 | €0 | €3,901 | €3,826 | €5,482 | €0 |
| 2022 | €0 | €4,450 | €3,979 | €4,177 | €0 |
| 2021 | €0 | €3,321 | €3,128 | €4,099 | €0 |
| 2020 | €0 | €2,000 | €1,852 | €6,612 | €0 |
| 2019 | €0 | €1,472 | €717 | €4,514 | €0 |
Of similar buildings (Tartu linn, built 1972–1982, log; 71 associations), 58% have long-term liabilities; this association has none.
Flats in this building
No flat in this building has been for sale or rent in the last 12 months.
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Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| D | Kesk tn 13a1977 · 5 flats | €0 | €448 | 2025 |
| A | Võru tn 1001977 · 64 flats | €0 | €9,380 | 2025 |
| C | Võru tn 981977 · 8 flats | €0 | €11,039 | 2025 |
| A | Kesk tn 131977 · 8 flats | €62,712 | €9,122 | 2025 |
| C | Õnne tn 141977 · 8 flats | €0 | €28,228 | 2025 |
| D | Õnne tn 161977 · 9 flats | €0 | €35,486 | 2024 |
| – | Õnne tn 14a1951 · 2 flats | no reports | ||
| C | Kesk tn 281977 · 7 flats | €0 | €4,698 | 2025 |
Frequently asked questions
Does the association have a loan?
The 2024 report shows no long-term liabilities.
How much cash does the association have?
At the end of 2024 the association held €3,007.
When was the building built?
According to the building register, it was first used in 1977 and has 3 storeys.
Who is on the association's board?
According to the business register, the board members are Ceith Nikkolo, Sigrid Kõllamõts (board since 12.12.2019).
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, 2019–2024). Building: building register. Flats on offer: Leiamaakler.ee data from the property portals.