Apartment association · Raadi alev, Tartu vald

Nõlvakaare tn 3 apartment association

Tartu vald, Raadi alev, Nõlvakaare tn 3 korteriühistu (registry code 80550111) manages a 2-storey block building built in 2019 with 12 flats. According to its 2025 annual report, the association's long-term liabilities were €7,274 (€7 per m² of flat space) and it held €7,597 in cash.

Board

  • ALAnnika Lassboard member7 years
A
Association grade
A · very good
Tartu vald: ranked 15 of 172 graded associations.
House conditiongood
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

Building

Built
2019
Storeys
2
Construction
block
Flats
12
Lift
no
Heating
ground source
Energy class
  • AAvalid until 27.06.2034
  • B
  • C
  • D
  • E
  • F
  • G
  • H

Building page: Nõlvakaare tn 3 →

Long-term liabilities
€7,274
as of 31.12.2025
Liabilities per m²
€7
similar buildings with a loan €7
Cash
€7,597
€7/m² · similar €6/m²
Income per m² a month
€0.13
similar buildings €0.78

Compared with similar buildings: Tartu vald, built 2014–2024 (60 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
1 €/m²20192 €/m²20203 €/m²20214 €/m²20225 €/m²20236 €/m²20247 €/m²2025
similar buildings with a smaller loan (median)
YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€7,274€1,363€7,597€1,700€0
2024€6,886€1,258€7,027€1,530€0
2023€5,378€1,401€6,250€1,471€0
2022€4,148€1,240€4,990€433€0
2021€2,935€948€3,798€362—
2020€2,023€836€2,901€192—
2019€942€617€1,862€227—

Compared with similar buildings (Tartu vald, built 2014–2024; 60 associations), long-term liabilities per m² of flat space are higher than 92% of them. The median for buildings with a loan is €7/m².

Flats in this building

Over the last 12 months 1 flat has been for sale in this building, asking €2,130–€2,130 per m².

What is your flat worth?

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

Value your flat

Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
ANõlvakaare tn 1Raadi alev2019 · 10 flats€0€7,8232025
CNõlvakaare tn 5Raadi alev2020 · 12 flats€0€1,8872024
AErmi tn 2Raadi alev2020 · 10 flats€0€1,9692025
ANõlvakaare tn 14Raadi alev2020 · 12 flats€5,208€5,8022025
ANõlvakaare tn 12Raadi alev2021 · 12 flats€0€15,7392025
ANõlvakaare tn 16Raadi alev2020 · 13 flats€0€8,0172025
ANõlvakaare tn 7Raadi alev2019 · 12 flats€0€6,9912025
–Eskadrilli tn 2Raadi alev22 flatsno reports

Frequently asked questions

Does the association have a loan?

According to its 2025 report, the association has €7,274 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 €7,597.

When was the building built?

According to the building register, it was first used in 2019 and has 2 storeys.

Who is on the association's board?

According to the business register, the board members are Annika Lass (board since 11.10.2019).

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.