Apartment association · Pärnu linn
Mai tn 15 apartment association
Pärnu linn, Mai tn 15 korteriühistu (registry code 80024279) manages a 5-storey brick building built in 1971 with 55 flats. According to its 2025 annual report, the association's long-term liabilities were €126,093 (€47 per m² of flat space) and it held €30,530 in cash. In 2025 long-term liabilities rose from €45,625 to €126,093 — usually a sign of a renovation.
Board
- AKArtur Kiriboard member3 years 4 months
- KMKeijo Mittboard member3 years 4 months
- LLLea Lipsboard member3 years 4 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
- Managementaverage
- reports filed on time
Building
- Built
- 1971
- Storeys
- 5
- Construction
- brick
- Flats
- 55
- Lift
- no
- Heating
- district heating
Works on the building
Source: sale ads for flats in this building. These are sellers' and brokers' claims that we have not verified, and they may be inaccurate or incomplete. The association's board can confirm the facts.
- Facade
- Roof
- Pipes
- Heating
- Ventilation
- Windows
- Wiring
- Stairwell
- Balconies
- Basement
- Entrance doors
- „Maja soojustatud“ · ad of 1 flat
Compared with similar buildings: Pärnu linn, built 1966–1976, brick (62 associations).
Finances by year
Loan principal repayment is an estimated €0.14 per m² of flat space a month, about €7 a month for a 50 m² flat (interest not included) — less than 92% of associations repaying a loan. The median is €0.52 in Estonia and €0.48 in Pärnu linn. At the current pace the loan will be repaid around 2053.
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €126,093 | €37,122 | €30,530 | €157,725 | €0 |
| 2024 | €45,625 | €29,620 | €22,860 | €29,896 | €0 |
| 2023 | €50,416 | €34,583 | €26,572 | €19,547 | €0 |
| 2022 | €54,893 | €28,928 | €19,526 | €27,781 | €0 |
| 2021 | €59,478 | €18,457 | €10,528 | €14,353 | €170 |
| 2020 | €63,887 | €17,549 | €4,830 | €25,459 | — |
| 2019 | €68,127 | €21,453 | €15,233 | €14,572 | — |
Compared with similar buildings (Pärnu linn, built 1966–1976, brick; 62 associations), long-term liabilities per m² of flat space are higher than 55% of them. The median for buildings with a loan is €71/m².
Flats in this building
Over the last 12 months 1 flat has been for sale in this building, asking €2,632–€2,632 per m². 4 flats were offered for rent at €290–€340 a month.
Estate agents in Kesklinn · Flat prices in Kesklinn
Estate agents who have offered flats in this building
- Feliks KrappKinnisvarabüroo Uus Maa OÜ1 flat
- Kaja KuusikKaja Kinnisvara OÜ1 flat
- Risto LiitmaaEstonia Invest OÜ1 flat
What is your flat worth?
An estimate for a flat at Mai tn 15 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| – | Mai tn 7a1992 | €0 | €1,527 | 2021 |
| B | Mai tn 171971 · 85 flats | €0 | €78,928 | 2025 |
| B | Ravi tn 31999 · 24 flats | €2,184 | €5,242 | 2025 |
| A | Mai tn 51972 · 85 flats | €0 | €201,222 | 2025 |
| B | Laine tn 81973 · 40 flats | €0 | €14,096 | 2025 |
| A | Ravi tn 1a1974 · 12 flats | €34,334 | €4,143 | 2025 |
| A | Mai tn 71971 · 55 flats | €0 | €67,829 | 2025 |
| B | Mai tn 231973 · 55 flats | €155,452 | €16,380 | 2025 |
Frequently asked questions
Does the association have a loan?
According to its 2025 report, the association has €126,093 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 €30,530.
When was the building built?
According to the building register, it was first used in 1971 and has 5 storeys.
Who is on the association's board?
According to the business register, the board members are Artur Kiri, Keijo Mitt, Lea Lips (board since 29.05.2023).
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.