Apartment association · Kunda linn, Viru-Nigula vald
Mäe tn 14 apartment association
Viru-Nigula vald, Kunda linn, Mäe tn 14 korteriühistu (registry code 80121864) manages a 5-storey panel building built in 1978 with 60 flats. According to its 2025 annual report, the association's long-term liabilities were €12,794 (€4 per m² of flat space) and it held €41,319 in cash.
Board
- ALAve Lepmetsboard member7 years 9 months
- MSMari Suviboard member7 years 9 months
- SESander Esbergboard member7 years 9 monthsalso: Kasemäe tn 13, Koidu tn 36, Koidu tn 83, Lai tn 1 // Tallinna tn 16 + 4 more
- TKTalis Kirsboard member2 years 5 months
- House conditionweak
- 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
- 1978
- Storeys
- 5
- Construction
- panel
- Flats
- 60
- Lift
- no
- Heating
- district heating
- A
- B
- C
- D
- E
- FFvalid until 20.03.2028
- G
- H
Compared with similar buildings: Viru-Nigula vald, built 1973–1983 (15 associations).
Finances by year
Loan principal repayment is an estimated €0.13 per m² of flat space a month, about €7 a month for a 50 m² flat (interest not included) — less than 93% of associations repaying a loan. The median is €0.52 in Estonia. At the current pace the loan will be repaid around 2028.
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €12,794 | €9,762 | €41,319 | €33,607 | €8,374 |
| 2024 | €18,695 | €9,562 | €47,558 | €33,651 | €9,837 |
| 2023 | €23,161 | €10,106 | €49,452 | €31,121 | €11,382 |
| 2022 | €20,073 | €11,078 | €43,446 | €21,209 | €11,132 |
| 2021 | €7,186 | €9,597 | €26,779 | €26,172 | €10,763 |
| 2020 | €526 | €10,042 | €13,815 | €36,606 | €10,495 |
| 2019 | €7,297 | €11,224 | €12,669 | €28,193 | €10,546 |
Compared with similar buildings (Viru-Nigula vald, built 1973–1983; 15 associations), long-term liabilities per m² of flat space are higher than 73% of them. The median for buildings with a loan is €10/m².
Flats in this building
Over the last 12 months 1 flat has been for sale in this building, asking €266–€266 per m².
What is your flat worth?
An estimate for a flat at Mäe tn 14 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| C | Mäe tn 12Kunda linn1973 · 55 flats | €0 | €22,498 | 2025 |
| B | Mäe tn 16Kunda linn1980 · 60 flats | €0 | €58,675 | 2025 |
| B | Mäe tn 20Kunda linn1983 · 60 flats | €43,605 | €61,041 | 2025 |
| D | Mäe tn 29Kunda linn1960 · 8 flats | €0 | €556 | 2025 |
| E | Tähe tn 2Kunda linn1964 · 8 flats | €39,585 | €8,164 | 2025 |
| – | Tähe tn 4aKunda linn1968 · 8 flats | no reports | ||
| A | Koidu tn 71Kunda linn1986 · 60 flats | €161,158 | €38,658 | 2025 |
| E | Mäe tn 25Kunda linn1960 · 8 flats | €0 | €0 | 2025 |
Frequently asked questions
Does the association have a loan?
According to its 2025 report, the association has €12,794 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 €41,319.
When was the building built?
According to the building register, it was first used in 1978 and has 5 storeys.
Who is on the association's board?
According to the business register, the board members are Ave Lepmets, Mari Suvi, Sander Esberg, Talis Kirs (board since 02.01.2019).
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, 2019–2025). Building: building register. Flats on offer: Leiamaakler.ee data from the property portals.