Apartment association · Kunda linn, Viru-Nigula vald

Mäe tn 5 apartment association

Viru-Nigula vald, Kunda linn, Mäe tn 5 korteriühistu (registry code 80137405) manages a 3-storey brick building built in 1960 with 18 flats. According to its 2025 annual report, the association's long-term liabilities were €0 and it held €6,732 in cash. The report shows no long-term liabilities.

Board

E
Association grade
E · weak
Viru-Nigula vald: ranked 78 of 87 graded associations.
House conditionweak
age, energy class and works done
Loan affordabilitygood
loan vs the association's annual income
Cash bufferweak
cash per m², 3-year average
Managementaverage
reports filed on time

Building

Built
1960
Storeys
3
Construction
brick
Flats
18
Lift
no
Heating
district heating

Building page: Mäe tn 5 →

Long-term liabilities
€0
as of 31.12.2025
Cash
€6,732
€9/m² · similar €13/m²
Income per m² a month
€0.83
similar buildings €0.61

Compared with similar buildings: Viru-Nigula vald, built 1955–1965, brick (27 associations).

Finances by year

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€0€8,859€6,732€7,058€3,563
2024€0€7,435€5,822€4,932€2,879
2023€0€5,753€2,504€8,429€2,673
2022€0€8,692€5,678€6,112€2,474
2021€0€9,378€6,905€4,053€2,503
2020€0€7,314€5,628€3,667€2,524
2019€0€5,581€4,204€4,896€2,527

Of similar buildings (Viru-Nigula vald, built 1955–1965, brick; 27 associations), 37% 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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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
CMäe tn 3Kunda linn1960 · 18 flats€16,639€18,3452025
BMäe tn 7Kunda linn1948 · 32 flats€0€25,9362025
CAia tn 3Kunda linn1960 · 24 flats€0€11,7342025
DAia tn 2Kunda linn1960 · 18 flats€0€11,3962025
DMäe tn 1Kunda linn1959 · 18 flats€0€10,4782025
DPargi tn 2Kunda linn1960 · 24 flats€9,670€11,9132025
–Kalda tn 14Kunda linn1960 · 8 flats€4,706€2,6552021
DPargi tn 4Kunda linn1960 · 24 flats€8,787€5,5822025

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 €6,732.

When was the building built?

According to the building register, it was first used in 1960 and has 3 storeys.

Who is on the association's board?

According to the business register, the board members are Natalja Lissina, Siiri Hiiesalu (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.