Apartment association · Riisipere alevik, Saue vald
Metsa tn 16 apartment association
Saue vald, Riisipere alevik, Metsa tn 16 korteriühistu (registry code 80173004) manages a 3-storey block building built in 1973 with 18 flats. According to its 2025 annual report, the association's long-term liabilities were €56,573 (€74 per m² of flat space) and it held €16,601 in cash. Long-term liabilities have fallen 34% since 2019.
Board
- JVJuta Vanamölderboard member8 years 9 months
- TTTaavi Telkboard member8 years 9 months
- ÜVÜlle Valgepeaboard member6 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
- 1973
- Storeys
- 3
- Construction
- block
- Flats
- 18
- Lift
- no
- Heating
- district heating
- Renovated
- yes
Works on the building
per the building register
- A
- B
- C
- DDvalid until 17.04.2029
- E
- F
- GG2015
- H
Compared with similar buildings: Saue vald, built 1968–1978 (71 associations).
Finances by year
Loan principal repayment is an estimated €0.48 per m² of flat space a month, about €24 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 €0.60 in Saue vald. At the current pace the loan will be repaid around 2038.
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €56,573 | €8,856 | €16,601 | €14,494 | — |
| 2024 | €61,105 | €8,512 | €16,237 | €14,494 | — |
| 2023 | €65,411 | €7,816 | €15,409 | €14,494 | €0 |
| 2022 | €68,175 | €9,164 | €15,614 | €14,494 | €0 |
| 2021 | €72,855 | €10,222 | €15,060 | €16,402 | €0 |
| 2020 | €79,251 | €9,393 | €13,834 | €13,954 | €0 |
| 2019 | €85,275 | €8,576 | €16,802 | €13,414 | €0 |
Compared with similar buildings (Saue vald, built 1968–1978; 71 associations), long-term liabilities per m² of flat space are higher than 80% of them. The median for buildings with a loan is €41/m².
Flats in this building
Over the last 12 months 1 flat has been for sale in this building, asking €1,457–€1,457 per m². 2 flats were offered for rent at €275–€450 a month.
Estate agents who have offered flats in this building
- Silvia KuldreDream Seller OÜ1 flat
What is your flat worth?
An estimate for a flat at Metsa tn 16 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| – | Metsa tn 14Riisipere alevik | no reports | ||
| C | Metsa tn 6Riisipere alevik1973 · 18 flats | €24,633 | €31,125 | 2025 |
| – | Metsa tn 12Riisipere alevik | no reports | ||
| B | Metsa tn 4Riisipere alevik1970 · 16 flats | €47,383 | €2,568 | 2025 |
| B | Metsa tn 3Riisipere alevik1980 · 30 flats | €0 | €50,680 | 2025 |
| C | Metsa tn 5Riisipere alevik1980 · 29 flats | €0 | €33,020 | 2025 |
| C | Metsa tn 10Riisipere alevik1979 · 18 flats | €19,314 | €15,424 | 2025 |
| C | Metsa tn 8Riisipere alevik1976 · 18 flats | €0 | €49,411 | 2025 |
Frequently asked questions
Does the association have a loan?
According to its 2025 report, the association has €56,573 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 €16,601.
When was the building built?
According to the building register, it was first used in 1973 and has 3 storeys.
Who is on the association's board?
According to the business register, the board members are Juta Vanamölder, Taavi Telk, Ülle Valgepea (board since 31.12.2017).
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.