Apartment association · Kudjape alevik, Saaremaa vald
Mereranna tee 4 apartment association
Saaremaa vald, Kudjape alevik, Mereranna tee 4 korteriühistu (registry code 80058746) manages a 3-storey block building built in 1983 with 18 flats. According to its 2025 annual report, the association's long-term liabilities were €65,878 (€58 per m² of flat space) and it held €9,075 in cash. In 2025 long-term liabilities rose from €0 to €65,878 — usually a sign of a renovation.
Board
- KMKristiina Maarmaboard member8 years 9 months
- MLMervin Lehtsaluboard member8 years 9 months
- TVTiina Vaarmetsboard member3 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
- 1983
- Storeys
- 3
- Construction
- block
- Flats
- 18
- Lift
- no
- Heating
- district heating
Building page: Mereranna tee 4 →
Compared with similar buildings: Saaremaa vald, built 1978–1988, block (46 associations).
Finances by year
Loan principal repayment is an estimated €0.45 per m² of flat space a month, about €23 a month for a 50 m² flat (interest not included) — about average for associations repaying a loan. The median is €0.52 in Estonia and €0.48 in Saaremaa vald. At the current pace the loan will be repaid around 2036.
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €65,878 | €18,164 | €9,075 | €20,614 | €1,061 |
| 2024 | €0 | €17,931 | €18,320 | €3,836 | €1,479 |
| 2023 | €0 | €8,024 | €10,467 | €15,475 | €1,184 |
| 2022 | €0 | €15,787 | €11,310 | €13,192 | €667 |
| 2021 | €6,057 | €17,739 | €9,747 | €12,010 | €1,443 |
| 2020 | €14,968 | €15,573 | €7,744 | €12,822 | €1,516 |
| 2019 | €23,685 | €17,658 | €9,873 | €13,501 | €1,330 |
Compared with similar buildings (Saaremaa vald, built 1978–1988, block; 46 associations), long-term liabilities per m² of flat space are higher than 83% of them. The median for buildings with a loan is €39/m².
Flats in this building
No flat in this building has been for sale or rent in the last 12 months.
What is your flat worth?
An estimate for a flat at Mereranna tee 4 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| D | Mereranna tee 2Kudjape alevik, Kudjape kergtee T51946 · 18 flats | €27,369 | €23,657 | 2025 |
| D | Mereranna tee 8Kudjape alevik1983 · 18 flats | €16,357 | €8,783 | 2025 |
| C | Mereranna tee 6Kudjape alevik1988 · 18 flats | €2,516 | €20,286 | 2025 |
| E | Mereranna tee 12Kudjape alevik1991 · 18 flats | €112,222 | €18,462 | 2025 |
| C | Mereranna tee 10Kudjape alevik1980 · 18 flats | €62,138 | €8,034 | 2025 |
| C | Mereranna tee 1Kudjape alevik1987 · 32 flats | €0 | €38,145 | 2025 |
| – | Mesilase tn 4Kuressaare linn5 flats | no reports | ||
| – | Mesilase tn 6Kuressaare linn2026 · 5 flats | no reports | ||
Frequently asked questions
Does the association have a loan?
According to its 2025 report, the association has €65,878 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 €9,075.
When was the building built?
According to the building register, it was first used in 1983 and has 3 storeys.
Who is on the association's board?
According to the business register, the board members are Kristiina Maarma, Mervin Lehtsalu, Tiina Vaarmets (board since 06.01.2018).
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.