Apartment association · Rakvere linn

Murru tn 3 apartment association

Rakvere linn, Murru tn 3 korteriühistu (registry code 80054470) manages a 3-storey block building built in 1995 with 25 flats. According to its 2025 annual report, the association's long-term liabilities were €403,097 (€297 per m² of flat space) and it held €8,598 in cash. In 2021 long-term liabilities rose from €0 to €445,096 — usually a sign of a renovation.

Board

  • MVMati Veeväliboard member8 years 9 months
  • MVMerli Viksboard member3 years 4 months
  • VMVaike Marjamäeboard member8 years 9 months
C
Association grade
C · average
Rakvere linn: ranked 76 of 202 graded associations.
House conditiongood
age, energy class and works done
Loan affordabilityaverage
loan vs the association's annual income
Cash buffergood
cash next to the loan, 3-year average
Managementaverage
reports filed on time

Building

Built
1995
Storeys
3
Construction
block
Flats
25
Lift
no
Heating
district heating

Works on the building

Source: sale ads for flats in this building. These are sellers' and brokers' claims that we have not verified, and they may be inaccurate or incomplete. The association's board can confirm the facts.

The building has been fully renovated
The ads say
  • „Kortermaja on renoveeritud“ · ad of 1 flat
Energy class
  • A
  • BBvalid until 30.01.2034
  • C
  • D
  • E
  • F
  • G
  • H

Building page: Murru tn 3 →

Long-term liabilities
€403,097
as of 31.12.2025
Liabilities per m²
€297
similar buildings with a loan €83
Cash
€8,598
€6/m² · similar €17/m²
Income per m² a month
€1.85
similar buildings €0.48

Compared with similar buildings: Rakvere linn, built 1990–2000 (16 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
0 €/m²20190 €/m²2020328 €/m²new loan2021321 €/m²2022315 €/m²2023306 €/m²2024297 €/m²2025

Loan principal repayment is an estimated €0.64 per m² of flat space a month, about €32 a month for a 50 m² flat (interest not included) — more than 63% of associations repaying a loan. The median is €0.52 in Estonia and €0.65 in Rakvere linn. At the current pace the loan will be repaid around 2064.

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€403,097€23,467€8,598€30,171€3,499
2024€415,877€14,177€535€29,366€2,917
2023€427,176€15,125€6,987€37,540€2,212
2022€435,624€26,300€13,143€144,388€2,219
2021€445,096€21,045€6,453€698,331€2,027
2020€0€24,465€23,294€10,446€2,698
2019€0€19,410€14,938€29,417€3,461

Compared with similar buildings (Rakvere linn, built 1990–2000; 16 associations), long-term liabilities per m² of flat space are higher than 94% of them. The median for buildings with a loan is €83/m².

Flats in this building

Over the last 12 months 1 flat has been for sale in this building, asking €1,345–€1,345 per m².

Estate agents in Rakvere · Flat prices in Rakvere

Estate agents who have offered flats in this building

What is your flat worth?

An estimate for a flat at Murru tn 3 from similar homes — free and instant.

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
AKaevu tn 101989 · 24 flats€246,297€9,7462025
EKaevu tn 61977 · 12 flats€332,988€28,9242025
BKaevu tn 81982 · 18 flats€431,025€21,2182025
DRägavere tee 411950 · 12 flats€0€27,7412025
DPiiri tn 8a1948 · 12 flats€0€12,0762025
BPiiri tn 101994 · 17 flats€44,394€11,2002025
DPiiri tn 8b1948 · 12 flats€0€27,0012025
–Sooserva tn 21989no reports

Frequently asked questions

Does the association have a loan?

According to its 2025 report, the association has €403,097 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 €8,598.

When was the building built?

According to the building register, it was first used in 1995 and has 3 storeys.

Who is on the association's board?

According to the business register, the board members are Mati Veeväli, Merli Viks, Vaike Marjamäe (board since 07.01.2018).

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, 2019–2025). Building: building register. Flats on offer: Leiamaakler.ee data from the property portals.