Apartment association · Riisipere alevik, Saue vald
Metsa tn 11 apartment association
Saue vald, Riisipere alevik, Metsa tn 11 korteriühistu (registry code 80100980) manages a 5-storey panel building built in 1983 with 29 flats. According to its 2025 annual report, the association's long-term liabilities were €0 and it held €90,216 in cash. The report shows no long-term liabilities.
Board
- AVAare Viitameesboard member8 years 9 months
- House conditionaverage
- age, energy class and works done
- Loan affordabilitygood
- loan vs the association's annual income
- Cash buffergood
- cash per m², 3-year average
- Managementgood
- reports filed on time
Building
- Built
- 1983
- Storeys
- 5
- Construction
- panel
- Flats
- 29
- Lift
- no
- Heating
- district heating
Compared with similar buildings: Saue vald, built 1978–1988, panel (27 associations).
Finances by year
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €0 | €76,941 | €90,216 | €11,275 | €5,246 |
| 2024 | €0 | €65,085 | €77,915 | €8,629 | €3,770 |
| 2023 | €0 | €51,410 | €61,691 | €12,437 | -€3,770 |
| 2022 | €0 | €41,307 | €51,382 | €8,117 | -€3,770 |
| 2021 | €17,674 | €12,986 | €40,431 | €17,049 | -€3,805 |
| 2020 | €16,389 | €11,979 | €26,612 | €21,365 | €3,735 |
| 2019 | €20,146 | €10,847 | €39,561 | €25,522 | €3,341 |
Of similar buildings (Saue vald, built 1978–1988, panel; 27 associations), 52% have long-term liabilities; this association has none.
Flats in this building
No flat in this building has been for sale or rent in the last 12 months.
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| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| B | Metsa tn 13Riisipere alevik1983 · 30 flats | €0 | €67,101 | 2025 |
| C | Metsa tn 22Riisipere alevik1988 · 30 flats | €423,708 | €39,610 | 2025 |
| A | Metsa tn 20Riisipere alevik1988 · 30 flats | €23,389 | €16,491 | 2025 |
| C | Metsa tn 5Riisipere alevik1980 · 29 flats | €0 | €33,020 | 2025 |
| B | Metsa tn 3Riisipere alevik1980 · 30 flats | €0 | €50,680 | 2025 |
| C | Metsa tn 16Riisipere alevik1973 · 18 flats | €56,573 | €16,601 | 2025 |
| – | Metsa tn 14Riisipere alevik | no reports | ||
| – | Metsa tn 12Riisipere alevik | no reports | ||
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 €90,216.
When was the building built?
According to the building register, it was first used in 1983 and has 5 storeys.
Who is on the association's board?
According to the business register, the board members are Aare Viitamees (board since 30.12.2017).
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.