Apartment association · Tartu linn
Marta tn 3 apartment association
Tartu linn, Marta tn 3 korteriühistu (registry code 80359884) manages a 4-storey brick building built in 1977 with 16 flats. According to its 2025 annual report, the association's long-term liabilities were €141,168 (€235 per m² of flat space) and it held €7,308 in cash. Long-term liabilities have fallen 19% since 2019.
Board
- LHLiis Hainlaboard member3 years 10 months
- PGPeter Gornischeffboard member2 years 4 monthsalso: Kaluri tn 2
- House conditiongood
- 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
- 1977
- Storeys
- 4
- Construction
- brick
- Flats
- 16
- Lift
- no
- Heating
- stove
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.
- Facade2017
- Roof2017
- Pipes2017
- Heating
- Ventilation2017
- Windows2017
- Wiring
- Stairwell2017
- Balconies
- Basement
- Entrance doors
- „Kortermaja on põhjalikult renoveeritud 2017.“ · ad of 1 flat
- „Soojustati fassaad“ · ad of 1 flat
- „Paigaldati uus plekkkatus“ · ad of 1 flat
- „vahetati püstakute vee -ja kanalisatsioonitorustikud.“ · ad of 1 flat
- „Paigaldati värskeõhuklapid“ · ad of 1 flat
- „Paigaldati puidust aknad“ · ad of 1 flat
- A
- B
- C
- D
- E
- FF
- G
- H
Compared with similar buildings: Tartu linn, built 1972–1982, brick (126 associations).
Finances by year
Loan principal repayment is an estimated €1.31 per m² of flat space a month, about €66 a month for a 50 m² flat (interest not included) — more than 93% of associations repaying a loan. The median is €0.52 in Estonia and €0.66 in Tartu linn. At the current pace the loan will be repaid around 2040.
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €141,168 | €18,943 | €7,308 | €25,220 | — |
| 2024 | €152,837 | €15,025 | €4,762 | €26,335 | — |
| 2023 | €162,987 | €10,754 | €1,465 | €26,595 | €0 |
| 2022 | €171,414 | €10,300 | €984 | €25,115 | €0 |
| 2021 | €180,086 | €12,543 | €783 | €23,780 | €0 |
| 2020 | €190,731 | €13,615 | €1,817 | €24,510 | €602 |
| 2019 | €173,588 | €13,174 | €2,559 | €20,233 | €654 |
Compared with similar buildings (Tartu linn, built 1972–1982, brick; 126 associations), long-term liabilities per m² of flat space are higher than 96% of them. The median for buildings with a loan is €73/m².
Flats in this building
Over the last 12 months 3 flats have been for sale in this building, asking €2,256–€2,840 per m². 1 flat was offered for rent at €430 a month.
Estate agents in Karlova · Flat prices in Karlova
Estate agents who have offered flats in this building
- Janek MorosVaraleidja OÜ1 flat
- Liis KurikGreteliise OÜ1 flat
- Marge Saaremets-LuikSkanton Kinnisvara OÜ1 flat
- Reena PärnpuuActual Assets OÜ1 flat
What is your flat worth?
An estimate for a flat at Marta tn 3 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| – | Õnne tn 451977 · 9 flats | €0 | €2,504 | 2020 |
| – | Õnne tn 43b1977 · 5 flats | no reports | ||
| E | Kalevi tn 84 // 861969 · 10 flats | €0 | €779 | 2025 |
| A | Salme tn 121977 · 8 flats | €26,075 | €497 | 2025 |
| D | Kalevi tn 91 // 91a1912 · 12 flats | €0 | €8,586 | 2025 |
| – | Salme tn 11 // 11a1977 · 6 flats | no reports | ||
| B | Kalevi tn 931977 · 8 flats | €19,979 | €9,200 | 2025 |
| D | Linda tn 101977 · 2 flats | €0 | €15,999 | 2025 |
Frequently asked questions
Does the association have a loan?
According to its 2025 report, the association has €141,168 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 €7,308.
When was the building built?
According to the building register, it was first used in 1977 and has 4 storeys.
Who is on the association's board?
According to the business register, the board members are Liis Hainla, Peter Gornischeff (board since 28.11.2022).
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.