Apartment association · Tartu linn

Nõlvaku tn 15 apartment association

Tartu linn, Nõlvaku tn 15 korteriühistu (registry code 80081662) manages a 6-storey panel building built in 1994 with 72 flats. According to its 2025 annual report, the association's long-term liabilities were €161,943 (€38 per m² of flat space) and it held €5,686 in cash. In 2024 long-term liabilities rose from €0 to €81,671 — usually a sign of a renovation.

Board

B
Association grade
B · good
Tartu linn: ranked 409 of 1,460 graded associations.
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
Managementgood
reports filed on time · professional manager

Building

Built
1994
Storeys
6
Construction
panel
Flats
72
Lift
no
Heating
district heating
Energy class
  • A
  • B
  • C
  • DDvalid until 22.12.2032
  • E
  • F
  • G
  • H

Building page: Nõlvaku tn 15 →

Long-term liabilities
€161,943
as of 31.12.2025
Liabilities per m²
€38
similar buildings with a loan €14
Cash
€5,686
€1/m² · similar €13/m²
Income per m² a month
€0.71
similar buildings €0.85

Compared with similar buildings: Tartu linn, built 1989–1999, panel (80 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
0 €/m²20190 €/m²20200 €/m²20210 €/m²20220 €/m²202319 €/m²new loan202438 €/m²new loan2025
similar buildings with a smaller loan (median)
YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€161,943€48,047€5,686€36,575€5,296
2024€81,671€220,504€79,724€108,465€3,862
2023€0€30,445€30,422€67,830€3,862
2022€0€59,075€60,089€20,885€3,862
2021€0€9,423€42,285€13,834€4,086
2020€0€6,666€23,054€13,287€3,886
2019€0€6,478€10,098€23,528€4,574

Compared with similar buildings (Tartu linn, built 1989–1999, panel; 80 associations), long-term liabilities per m² of flat space are higher than 85% of them. The median for buildings with a loan is €33/m².

Flats in this building

Over the last 12 months 4 flats have been for sale in this building, asking €1,679–€2,065 per m². 1 flat was offered for rent at €330 a month.

Estate agents in Annelinn · Flat prices in Annelinn

Estate agents who have offered flats in this building

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An estimate for a flat at Nõlvaku tn 15 from similar homes — free and instant.

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
CNõlvaku tn 131993 · 19 flats€0€43,4642025
CNõlvaku tn 171993 · 48 flats€39,608€38,8342025
ANõlvaku tn 732 flats€0€8,5322025
BNõlvaku tn 91995 · 72 flats€0€91,7082025
CMõisavahe tn 471990 · 72 flats€0€64,4542025
BNõlvaku tn 111995 · 64 flats€0€23,5062025
BMõisavahe tn 431989 · 72 flats€0€30,2932025
BMõisavahe tn 461995 · 144 flats€0€21,0462025

Frequently asked questions

Does the association have a loan?

According to its 2025 report, the association has €161,943 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 €5,686.

When was the building built?

According to the building register, it was first used in 1994 and has 6 storeys.

Who is on the association's board?

According to the business register, the board members are Jaanika Reimaa, Margot Fjuk, Silver Kuusik (board since 16.06.2022).

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.