Apartment association · Tõravere alevik, Nõo vald
Observatooriumi tn 7 // 9 apartment association
Nõo vald, Tõravere alevik, Observatooriumi tn 7 // 9 korteriühistu (registry code 80081923) manages a 3-storey panel building built in 1981 with 16 flats. According to its 2024 annual report, the association's long-term liabilities were €0 and it held €15,400 in cash. The report shows no long-term liabilities.
Board
- EKElisabeth-Lisette Kõrveboard member4 years 5 months
- MHMats Hansenboard member4 years 5 months
- PPPriit Pajusaluboard member4 years 5 months
- House conditionaverage
- age, energy class and works done
- Loan affordabilitygood
- loan vs the association's annual income
- Cash buffergood
- cash per m², 3-year average
- Managementweak
- reports filed on time
Building
- Built
- 1981
- Storeys
- 3
- Construction
- panel
- Flats
- 16
- Lift
- no
- Heating
- district heating
The association's buildings (2)
Observatooriumi tn 716 flats, Observatooriumi tn 918 flats
Compared with similar buildings: Nõo vald (24 associations).
Finances by year
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2024 | €0 | €10,550 | €15,400 | €38,879 | €3,361 |
| 2023 | €0 | €10,138 | €16,789 | €38,632 | €3,125 |
| 2022 | €0 | €12,696 | €15,602 | €34,728 | €3,784 |
| 2021 | €0 | €7,726 | €8,816 | €32,174 | €3,669 |
| 2020 | €0 | €5,621 | €6,711 | €31,216 | €3,669 |
| 2019 | €0 | €4,718 | €5,808 | €32,709 | €3,669 |
Of similar buildings (Nõo vald; 24 associations), 46% have long-term liabilities; this association has none.
Flats in this building
No flat in this building has been for sale or rent in the last 12 months.
What is your flat worth?
An estimate for a flat at Observatooriumi tn 7 // 9 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| A | Observatooriumi tn 5Tõravere alevik1974 · 34 flats | €339,630 | €18,230 | 2025 |
| – | Observatooriumi tn 5dTõravere alevik1974 | €0 | €3,107 | 2025 |
| C | Observatooriumi tn 11Tõravere alevik1981 · 16 flats | €0 | €10,590 | 2025 |
| C | Observatooriumi tn 13Tõravere alevik1981 · 7 flats | €0 | €49,038 | 2025 |
| C | Torni tn 3Tõravere alevik1960 · 7 flats | €0 | €3,879 | 2025 |
| – | Observatooriumi tn 4Tõravere alevik2002 | €0 | — | 2024 |
| – | Observatooriumi tn 17Tõravere alevik2002 | €0 | — | 2024 |
| – | Tiigi tn 2Tõravere alevik1904 · 6 flats | no reports | ||
Frequently asked questions
Does the association have a loan?
The 2024 report shows no long-term liabilities.
How much cash does the association have?
At the end of 2024 the association held €15,400.
When was the building built?
According to the building register, it was first used in 1981 and has 3 storeys.
Who is on the association's board?
According to the business register, the board members are Elisabeth-Lisette Kõrve, Mats Hansen, Priit Pajusalu (board since 12.05.2022).
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, 2019–2024). Building: building register. Flats on offer: Leiamaakler.ee data from the property portals.