Apartment association · Kiiu alevik, Kuusalu vald

Mõisa tee 10 apartment association

Kuusalu vald, Kiiu alevik, Mõisa tee 10 korteriühistu (registry code 80243685) manages a 2-storey brick building built in 1927 with 10 flats. According to its 2024 annual report, the association's long-term liabilities were €4,951 (€8 per m² of flat space) and it held €3,055 in cash. Long-term liabilities have fallen 74% since 2019.

Board

  • ASAndres Suminboard member8 years 9 months
  • PSPeeter Subbiboard member8 years 9 months
  • RGRaili Grünbaumboard member8 years 9 months
E
Association grade
E · weak
Kuusalu vald: ranked 51 of 52 graded associations.
House conditionweak
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
Managementweak
reports filed on time

Building

Built
1927
Storeys
2
Construction
brick
Flats
10
Lift
no
Heating
district heating

Building page: Mõisa tee 10 →

Long-term liabilities
€4,951
as of 31.12.2024
Liabilities per m²
€8
similar buildings with a loan €13
Cash
€3,055
€5/m² · similar €22/m²
Income per m² a month
€0.90
similar buildings €0.67

Compared with similar buildings: Kuusalu vald (52 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
30 €/m²201926 €/m²202022 €/m²202117 €/m²202213 €/m²20238 €/m²2024
similar buildings with a smaller loan (median)

Loan principal repayment is an estimated €0.37 per m² of flat space a month, about €19 a month for a 50 m² flat (interest not included) — less than 68% of associations repaying a loan. The median is €0.52 in Estonia. At the current pace the loan will be repaid around 2026.

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2024€4,951€8,239€3,055€6,871€0
2023€8,227€9,286€1,862€10,718€0
2022€11,057€14,278€8,605€4,019€0
2021€13,800€13,048€7,671€4,782€0
2020€16,529€11,869€6,645€7,582€0
2019€19,223€12,127€7,137€4,782€0

Compared with similar buildings (Kuusalu vald; 52 associations), long-term liabilities per m² of flat space are higher than 67% of them. The median for buildings with a loan is €32/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 Mõisa tee 10 from similar homes — free and instant.

Value your flat

Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
DMõisa tee 8Kiiu alevik10 flats€0€16,3732025
EMõisa tee 6Kiiu alevik1936 · 10 flats€0€11,9172025
–Mõisa tee 4Kiiu alevik1936 · 10 flatsno reports
EMõisa tee 14Kiiu alevik1968 · 12 flats€0€9,1292025
–Mõisa tee 16Kiiu alevik1968 · 12 flatsno reports
EMõisa tee 18Kiiu alevik1969 · 12 flats€0€8222025
ETuuliku tn 3Kiiu alevik1927 · 12 flats€10,127€15,3752025
DLinnuse tn 8Kiiu alevik1977 · 24 flats€0€27,8152025

Frequently asked questions

Does the association have a loan?

According to its 2024 report, the association has €4,951 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 2024 the association held €3,055.

When was the building built?

According to the building register, it was first used in 1927 and has 2 storeys.

Who is on the association's board?

According to the business register, the board members are Andres Sumin, Peeter Subbi, Raili Grünbaum (board since 05.01.2018).

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, 2019–2024). Building: building register. Flats on offer: Leiamaakler.ee data from the property portals.