Apartment association · Laeva küla, Tartu vald
Masti tee 3 apartment association
Tartu vald, Laeva küla, Masti tee 3 korteriühistu (registry code 80134750) manages a 1-storey block building built in 1972 with 13 flats. According to its 2025 annual report, the association's long-term liabilities were €0 and it held €2,833 in cash. The report shows no long-term liabilities.
Board
- IVIllimar Velsboard member8 years 4 months
- SVSander Velsboard member8 years 4 months
- House conditionaverage
- 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
- 1972
- Storeys
- 1
- Construction
- block
- Flats
- 13
- 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.
- Facade
- Roof
- Pipes
- Heating
- Ventilation
- Windows
- Wiring
- Stairwell
- Balconies
- Basement
- Entrance doors
- „Maja katus on ca 15 a tagasi vahetatud“ · ad of 1 flat
- „Osaliselt on vahetatud vee- ja kanalisatsioonitorustikku“ · ad of 1 flat
Compared with similar buildings: Tartu vald, built 1967–1977 (32 associations).
Finances by year
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €0 | €2,924 | €2,833 | €4,020 | €0 |
| 2024 | €0 | €1,267 | €1,418 | €5,617 | €0 |
| 2023 | €0 | €4,472 | €4,156 | €1,807 | €0 |
| 2022 | €0 | €4,264 | €3,946 | €1,540 | €0 |
| 2021 | €0 | €3,441 | €3,092 | €1,439 | €0 |
| 2020 | €0 | €259 | €2,302 | €2,311 | €0 |
| 2019 | €0 | €265 | €2,041 | €2,122 | €0 |
Of similar buildings (Tartu vald, built 1967–1977; 32 associations), 31% have long-term liabilities; this association has none.
Flats in this building
Over the last 12 months 1 flat has been for sale in this building, asking €659–€659 per m².
Estate agents who have offered flats in this building
- Katerin RiitRiit OÜ1 flat
What is your flat worth?
An estimate for a flat at Masti tee 3 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| D | Masti tee 5Laeva küla1992 · 18 flats | €0 | €4,918 | 2025 |
| B | Masti tee 12Laeva küla1972 · 12 flats | €33,423 | €1,546 | 2025 |
| A | Masti tee 10Laeva küla1995 · 18 flats | €3,053 | €8,857 | 2025 |
| E | Masti tee 8Laeva küla1995 · 18 flats | €1,008,802 | €19,041 | 2025 |
| B | Purje tee 1Laeva küla1947 · 12 flats | €44,230 | €975 | 2025 |
| C | Masti tee 4Laeva küla1988 · 27 flats | €100,535 | €8,822 | 2025 |
| B | Masti tee 6Laeva küla1988 · 18 flats | €99,199 | €18,271 | 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 €2,833.
When was the building built?
According to the building register, it was first used in 1972 and has 1 storeys.
Who is on the association's board?
According to the business register, the board members are Illimar Vels, Sander Vels (board since 11.06.2018).
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.