Apartment association · Riisipere alevik, Saue vald
Nissi tee 53 apartment association
Saue vald, Riisipere alevik, Nissi tee 53 korteriühistu (registry code 80013407) manages a 3-storey brick building built in 1963 with 24 flats. According to its 2025 annual report, the association's long-term liabilities were €27,599 (€34 per m² of flat space) and it held €27,599 in cash.
Board
- JOJane Oppoboard member1 year 10 months
- JLJanek Lazarevboard member1 year 10 months
- House conditionaverage
- age, energy class and works done
- Loan affordabilitygood
- loan vs the association's annual income
- Cash bufferaverage
- cash next to the loan, 3-year average
- Managementaverage
- reports filed on time
Building
- Built
- 1963
- Storeys
- 3
- Construction
- brick
- Flats
- 24
- Lift
- no
- Heating
- district heating
- A
- B
- C
- D
- E
- FF2009
- GGvalid until 25.06.2035
- H
Compared with similar buildings: Saue vald, built 1958–1968, brick (20 associations).
Finances by year
Loan principal repayment is an estimated €0.17 per m² of flat space a month, about €9 a month for a 50 m² flat (interest not included) — less than 89% 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 2042.
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €27,599 | €3,369 | €27,599 | €3,928 | €0 |
| 2024 | €29,309 | €3,523 | €29,309 | €3,928 | €0 |
| 2023 | €24,163 | €2,149 | €24,052 | €3,928 | €0 |
| 2022 | €18,164 | €2,077 | €17,834 | €3,928 | €0 |
| 2021 | €0 | €13,474 | €11,143 | €3,928 | €0 |
| 2020 | €0 | €6,951 | €4,904 | €1,896 | €0 |
| 2019 | €0 | €4,690 | €3,052 | €1,964 | €0 |
Compared with similar buildings (Saue vald, built 1958–1968, brick; 20 associations), long-term liabilities per m² of flat space are higher than 65% of them. The median for buildings with a loan is €70/m².
Flats in this building
2 flats were offered for rent at €175–€320 a month.
Estate agents who have offered flats in this building
- Erki FreienthalMusical Kinnisvara OÜ1 flat
- Kertu SassiSkinnisvara OÜ1 flat
What is your flat worth?
An estimate for a flat at Nissi tee 53 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| C | Nissi tee 53bRiisipere alevik1968 · 18 flats | €0 | €53,385 | 2025 |
| – | Nissi tee 62aRiisipere alevik1959 · 4 flats | no reports | ||
| B | Metsa tn 4Riisipere alevik1970 · 16 flats | €47,383 | €2,568 | 2025 |
| C | Metsa tn 6Riisipere alevik1973 · 18 flats | €24,633 | €31,125 | 2025 |
| C | Metsa tn 8Riisipere alevik1976 · 18 flats | €0 | €49,411 | 2025 |
| C | Metsa tn 16Riisipere alevik1973 · 18 flats | €56,573 | €16,601 | 2025 |
| B | Metsa tn 3Riisipere alevik1980 · 30 flats | €0 | €50,680 | 2025 |
| – | Metsa tn 14Riisipere alevik | no reports | ||
Frequently asked questions
Does the association have a loan?
According to its 2025 report, the association has €27,599 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 €27,599.
When was the building built?
According to the building register, it was first used in 1963 and has 3 storeys.
Who is on the association's board?
According to the business register, the board members are Jane Oppo, Janek Lazarev (board since 17.12.2024).
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.