Apartment association · Audru alevik, Pärnu linn
Metsa tn 4 apartment association
Pärnu linn, Audru alevik, Metsa tn 4 korteriühistu (registry code 80009446) manages a 2-storey brick building built in 1983 with 8 flats. According to its 2025 annual report, the association's long-term liabilities were €27,459 (€62 per m² of flat space) and it held €777 in cash. In 2022 long-term liabilities rose from €0 to €33,240 — usually a sign of a renovation.
Board
The association is run by AREM 14597912 OÜ.
- A1AREM 14597912 OÜappointed manager6 years 3 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
- Managementgood
- reports filed on time · professional manager
Building
- Built
- 1983
- Storeys
- 2
- Construction
- brick
- Flats
- 8
- Lift
- no
- Heating
- stove
Compared with similar buildings: Pärnu linn, built 1978–1988, brick (22 associations).
Finances by year
Loan principal repayment is an estimated €0.33 per m² of flat space a month, about €17 a month for a 50 m² flat (interest not included) — less than 73% of associations repaying a loan. The median is €0.52 in Estonia and €0.48 in Pärnu linn. At the current pace the loan will be repaid around 2041.
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €27,459 | €3,512 | €777 | €4,189 | €0 |
| 2024 | €29,959 | €2,590 | €329 | €4,588 | €0 |
| 2023 | €31,709 | €2,866 | €9 | €5,372 | €0 |
| 2022 | €33,240 | €2,759 | €220 | €44,893 | €0 |
| 2021 | €0 | €4,545 | €4,258 | €13,841 | €0 |
| 2020 | €0 | €2,538 | €2,188 | €1,354 | €0 |
Compared with similar buildings (Pärnu linn, built 1978–1988, brick; 22 associations), long-term liabilities per m² of flat space are higher than 73% of them. The median for buildings with a loan is €60/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 Metsa tn 4 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| B | Nelgi tn 7Audru alevik1976 · 8 flats | €64,506 | €1,686 | 2025 |
| – | Metsa tn 2Audru alevik1984 · 8 flats | no reports | ||
| – | Nelgi tn 5Audru alevik1976 · 8 flats | €0 | €8,607 | 2022 |
| E | Nelgi tn 3Audru alevik1976 · 8 flats | €52,410 | €4,601 | 2025 |
| – | Nelgi tn 4Audru alevik1999 | €0 | €4,101 | 2025 |
| C | Tulbi tn 7Audru alevik1972 · 8 flats | €95,971 | €7,914 | 2025 |
| E | Nelgi tn 1Audru alevik1973 · 8 flats | €0 | €1,189 | 2025 |
| – | Tulbi tn 5Audru alevik1971 · 8 flats | €0 | €4,282 | 2020 |
Frequently asked questions
Does the association have a loan?
According to its 2025 report, the association has €27,459 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 €777.
When was the building built?
According to the building register, it was first used in 1983 and has 2 storeys.
Who is on the association's board?
According to the business register, the association is run by AREM 14597912 OÜ.
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, 2020–2025). Building: building register. Flats on offer: Leiamaakler.ee data from the property portals.