Apartment association · Riisipere alevik, Saue vald
Metsa tn 4 apartment association
Saue vald, Riisipere alevik, Metsa tn 4 korteriühistu (registry code 80010415) manages a 3-storey brick building built in 1970 with 16 flats. According to its 2025 annual report, the association's long-term liabilities were €47,383 (€62 per m² of flat space) and it held €2,568 in cash. In 2021 long-term liabilities rose from €0 to €61,098 — usually a sign of a renovation.
Board
- NLNele Lebert-Savisildboard member2 monthsalso: Metsa tn 10, Metsa tn 22
- 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
- 1970
- Storeys
- 3
- Construction
- brick
- Flats
- 16
- Lift
- no
- Heating
- district heating
Compared with similar buildings: Saue vald, built 1965–1975, brick (39 associations).
Finances by year
Loan principal repayment is an estimated €0.36 per m² of flat space a month, about €18 a month for a 50 m² flat (interest not included) — less than 70% of 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 2040.
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €47,383 | €6,922 | €2,568 | €9,645 | €0 |
| 2024 | €51,405 | €6,460 | €3,339 | €12,050 | €1,663 |
| 2023 | €54,914 | €6,617 | €9,635 | €12,050 | €1,085 |
| 2022 | €57,983 | €6,256 | €9,125 | €12,050 | €904 |
| 2021 | €61,098 | €6,186 | €9,756 | €24,550 | €904 |
| 2020 | €0 | €15,063 | €16,160 | €5,015 | €904 |
| 2019 | €0 | €8,837 | €11,653 | €11,871 | €904 |
Compared with similar buildings (Saue vald, built 1965–1975, brick; 39 associations), long-term liabilities per m² of flat space are higher than 77% of them. The median for buildings with a loan is €41/m².
Flats in this building
Over the last 12 months 2 flats have been for sale in this building, asking €1,175–€1,768 per m².
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 |
|---|---|---|---|---|
| C | Metsa tn 6Riisipere alevik1973 · 18 flats | €24,633 | €31,125 | 2025 |
| C | Metsa tn 16Riisipere alevik1973 · 18 flats | €56,573 | €16,601 | 2025 |
| C | Nissi tee 53bRiisipere alevik1968 · 18 flats | €0 | €53,385 | 2025 |
| – | Metsa tn 14Riisipere alevik | no reports | ||
| C | Metsa tn 8Riisipere alevik1976 · 18 flats | €0 | €49,411 | 2025 |
| D | Nissi tee 53Riisipere alevik1963 · 24 flats | €27,599 | €27,599 | 2025 |
| – | Metsa tn 12Riisipere alevik | no reports | ||
| B | Metsa tn 3Riisipere alevik1980 · 30 flats | €0 | €50,680 | 2025 |
Frequently asked questions
Does the association have a loan?
According to its 2025 report, the association has €47,383 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 €2,568.
When was the building built?
According to the building register, it was first used in 1970 and has 3 storeys.
Who is on the association's board?
According to the business register, the board members are Nele Lebert-Savisild (board since 22.08.2026).
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.