Apartment association · Rapla linn, Rapla vald
Mahlamäe tn 5 apartment association
Rapla vald, Rapla linn, Mahlamäe tn 5 korteriühistu (registry code 80096267) manages a 4-storey block building built in 1965 with 48 flats. According to its 2025 annual report, the association's long-term liabilities were €90,170 (€45 per m² of flat space) and it held €36,356 in cash. Long-term liabilities have fallen 32% since 2019.
Board
- KKKaisi Kohariboard member7 years 4 months
- KSKuldar Soituboard member8 years 9 months
- MSMarge Seppboard member2 years 2 months
- TATanel Ammermannboard member2 years 2 months
- TRTiit Reinsaluboard member2 years 2 months
- House conditionaverage
- 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
Building
- Built
- 1965
- Storeys
- 4
- Construction
- block
- Flats
- 48
- Lift
- no
- Heating
- district heating
- A
- B
- C
- DDvalid until 28.09.2024
- E
- F
- G
- H
Building page: Mahlamäe tn 5 →
Compared with similar buildings: Rapla vald, built 1960–1970 (18 associations).
Finances by year
Loan principal repayment is an estimated €0.29 per m² of flat space a month, about €14 a month for a 50 m² flat (interest not included) — less than 78% of associations repaying a loan. The median is €0.52 in Estonia and €0.56 in Rapla vald. At the current pace the loan will be repaid around 2038.
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €90,170 | €44,957 | €36,356 | €31,560 | -€5,996 |
| 2024 | €98,257 | €31,461 | €31,513 | €27,647 | -€6,014 |
| 2023 | €105,550 | €26,126 | €22,486 | €29,215 | -€6,021 |
| 2022 | €111,456 | €24,045 | €18,643 | €26,589 | €5,854 |
| 2021 | €118,019 | €22,547 | €17,010 | €20,130 | €4,583 |
| 2020 | €125,395 | €14,663 | €8,824 | €39,344 | €4,496 |
| 2019 | €132,530 | €28,937 | €24,036 | €26,578 | €4,496 |
Compared with similar buildings (Rapla vald, built 1960–1970; 18 associations), long-term liabilities per m² of flat space are higher than 56% of them. The median for buildings with a loan is €85/m².
Flats in this building
Over the last 12 months 2 flats have been for sale in this building, asking €1,311–€1,316 per m².
Estate agents who have offered flats in this building
- Aivo SelgeNestla OÜ1 flat
What is your flat worth?
An estimate for a flat at Mahlamäe tn 5 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| A | Mahlamäe tn 7Rapla linn2022 · 30 flats | €0 | €7,825 | 2025 |
| C | Mahlamäe tn 3Rapla linn1969 · 48 flats | €57,100 | €40,591 | 2025 |
| A | Mahlamäe tn 6Rapla linn1972 · 55 flats | €609,957 | €31,142 | 2025 |
| B | Välja tn 6Rapla linn1965 · 46 flats | €231,439 | €18,134 | 2025 |
| B | Välja tn 8Rapla linn1967 · 32 flats | €672,664 | €75,794 | 2025 |
| D | Välja tn 10Rapla linn1972 · 60 flats | €350,848 | €18,440 | 2025 |
| C | Välja tn 4Rapla linn1967 · 48 flats | €238,729 | €28,127 | 2025 |
| B | Mahlamäe tn 8Rapla linn1977 · 53 flats | €655,961 | €67,921 | 2025 |
Frequently asked questions
Does the association have a loan?
According to its 2025 report, the association has €90,170 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 €36,356.
When was the building built?
According to the building register, it was first used in 1965 and has 4 storeys.
Who is on the association's board?
According to the business register, the board members are Kaisi Kohari, Kuldar Soitu, Marge Sepp, Tanel Ammermann, Tiit Reinsalu (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.