Apartment association · Elva linn, Elva vald
Nooruse tn 7 apartment association
Elva vald, Elva linn, Nooruse tn 7 korteriühistu (registry code 80453810) manages a 5-storey panel building built in 1985 with 30 flats. According to its 2025 annual report, the association's long-term liabilities were €646,083 (€358 per m² of flat space) and it held €6,733 in cash. In 2025 long-term liabilities rose from €43,206 to €646,083 — usually a sign of a renovation.
Board
- KRKalle Roioboard member5 years 2 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
- Managementgood
- reports filed on time
Building
- Built
- 1985
- Storeys
- 5
- Construction
- panel
- Flats
- 30
- Lift
- no
- Heating
- district heating
- Renovated
- yes
Works on the building
per the building register
- A
- B
- C
- D
- E
- FFvalid until 11.06.2025
- G
- H
Compared with similar buildings: Elva vald, built 1980–1990 (27 associations).
Finances by year
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €646,083 | €23,817 | €6,733 | €438,562 | — |
| 2024 | €43,206 | €63,176 | €7,416 | €11,943 | — |
| 2023 | €0 | €8,054 | €4,644 | €13,393 | — |
| 2022 | €0 | €9,166 | €4,112 | €26,596 | — |
| 2021 | €0 | €23,160 | €18,425 | €8,940 | — |
| 2020 | €0 | €20,089 | €16,605 | €7,224 | — |
| 2019 | €0 | €17,342 | €13,452 | €7,267 | — |
Compared with similar buildings (Elva vald, built 1980–1990; 27 associations), long-term liabilities per m² of flat space are higher than 93% of them. The median for buildings with a loan is €69/m².
Flats in this building
Over the last 12 months 2 flats have been for sale in this building, asking €1,413–€1,698 per m². 1 flat was offered for rent at €350 a month.
Estate agents in Kesklinn · Flat prices in Kesklinn
What is your flat worth?
An estimate for a flat at Nooruse tn 7 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| B | Nooruse tn 6Elva linn1991 · 15 flats | €283,567 | €24,831 | 2025 |
| C | Nooruse tn 3Elva linn1985 · 15 flats | €0 | €8,139 | 2025 |
| C | Nooruse tn 1Elva linn1992 · 16 flats | €0 | €35,104 | 2025 |
| C | Jaani tn 7Elva linn1985 · 34 flats | €116,459 | €11,489 | 2025 |
| B | Nooruse tn 13Elva linn1987 · 102 flats | €599,346 | €25,308 | 2025 |
| D | Jaani tn 10Elva linn1948 · 7 flats | €0 | €30,204 | 2025 |
| – | Jaani tn 1Elva linn1948 · 4 flats | no reports | ||
| – | Jaani tn 12aElva linn8 flats | no reports | ||
Frequently asked questions
Does the association have a loan?
According to its 2025 report, the association has €646,083 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 €6,733.
When was the building built?
According to the building register, it was first used in 1985 and has 5 storeys.
Who is on the association's board?
According to the business register, the board members are Kalle Roio (board since 02.08.2021).
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.