Apartment association · Alu alevik, Rapla vald
Mäe tn 3 apartment association
Rapla vald, Alu alevik, Mäe tn 3 korteriühistu (registry code 80276288) manages a 2-storey brick building built in 1991 with 12 flats. According to its 2025 annual report, the association's long-term liabilities were €0 and it held €21,976 in cash. The report shows no long-term liabilities.
Board
- MKMaarika Kullboard member8 years 9 months
- RKRuudi Kitsapeaboard member7 years 2 months
- House conditionaverage
- age, energy class and works done
- Loan affordabilitygood
- loan vs the association's annual income
- Cash buffergood
- cash per m², 3-year average
- Managementgood
- reports filed on time
Building
- Built
- 1991
- Storeys
- 2
- Construction
- brick
- Flats
- 12
- Lift
- no
- Heating
- stove
Compared with similar buildings: Rapla vald, built 1986–1996, brick (19 associations).
Finances by year
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €0 | €641 | €21,976 | €6,025 | €0 |
| 2024 | €0 | €414 | €19,969 | €5,624 | €0 |
| 2023 | €0 | €518 | €24,442 | €4,820 | €0 |
| 2022 | €0 | €753 | €20,550 | €4,820 | €0 |
| 2021 | €0 | €976 | €17,035 | €4,820 | €0 |
| 2020 | €0 | €807 | €12,931 | €4,820 | €0 |
| 2019 | €0 | €225 | €10,242 | €4,821 | €0 |
Of similar buildings (Rapla vald, built 1986–1996, brick; 19 associations), 47% have long-term liabilities; this association has none.
Flats in this building
Over the last 12 months 2 flats have been for sale in this building, asking €1,155–€1,163 per m².
Estate agents who have offered flats in this building
- Piret RehepappRehepapp Real Estate OÜ1 flat
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Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| C | Mäe tn 2Alu alevik1991 · 12 flats | €0 | €18,474 | 2025 |
| C | Mäe tn 4Alu alevik1991 · 13 flats | €0 | €32,239 | 2025 |
| C | Mäe tn 8Alu alevik1973 · 21 flats | €457,886 | €31,684 | 2025 |
| C | Mäe tn 1Alu alevik1991 · 12 flats | €0 | €393 | 2025 |
| C | Mäe tn 7Alu alevik1972 · 18 flats | €40,264 | €46,244 | 2025 |
| B | Mäe tn 6Alu alevik27 flats | €159,777 | €6,299 | 2025 |
| B | Mäe tn 5Alu alevik1991 · 18 flats | €0 | €59,675 | 2025 |
| B | Pargi tn 4Alu alevik1991 · 7 flats | €0 | €16,523 | 2025 |
Frequently asked questions
Does the association have a loan?
The 2025 report shows no long-term liabilities.
How much cash does the association have?
At the end of 2025 the association held €21,976.
When was the building built?
According to the building register, it was first used in 1991 and has 2 storeys.
Who is on the association's board?
According to the business register, the board members are Maarika Kull, Ruudi Kitsapea (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.