Apartment association · Tartu linn

Õnne tn 16 apartment association

Tartu linn, Õnne tn 16 korteriühistu (registry code 80248323) manages a 3-storey brick building built in 1977 with 9 flats. According to its 2024 annual report, the association's long-term liabilities were €0 and it held €35,486 in cash. The report shows no long-term liabilities.

Board

  • HFHeiti Freimannboard member8 years 9 months
  • MPMonika Pritsboard member8 years 9 months
  • SKSirje Kahuboard member8 years 9 months
D
Association grade
D · below average
Tartu linn: ranked 1313 of 1,460 graded associations.
House conditionweak
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
1977
Storeys
3
Construction
brick
Flats
9
Lift
no
Heating
stove

Building page: Õnne tn 16 →

Long-term liabilities
€0
as of 31.12.2024
Cash
€35,486
€96/m² · similar €19/m²
Income per m² a month
€1.32
similar buildings €1.21

Compared with similar buildings: Tartu linn, built 1972–1982, brick (126 associations).

Finances by year

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2024€0€1,245€35,486€5,863€0
2023€0€1,756€35,354€6,041€0
2022€0€1,820€33,883€6,111€0
2021€0€862€33,890€6,245€0
2020€0€966€13,160€4,487€0
2019€0€1,472€14,545€12,843€0

Of similar buildings (Tartu linn, built 1972–1982, brick; 126 associations), 43% have long-term liabilities; this association has none.

Flats in this building

Over the last 12 months 1 flat has been for sale in this building, asking €3,547–€3,547 per m². 1 flat was offered for rent at €380 a month.

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Estate agents who have offered flats in this building

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
CKesk tn 281977 · 7 flats€0€4,6982025
AÕnne tn 19 // 19a1977 · 7 flats€0€5,3942025
EKesk tn 30 // Õnne tn 1719 flats€127,028€12,6272025
AKesk tn 131977 · 8 flats€62,712€9,1222025
–Õnne tn 14a1951 · 2 flatsno reports
–Kesk tn 151910 · 9 flatsno reports
CÕnne tn 141977 · 8 flats€0€28,2282025
DÕnne tn 23 // 251947 · 12 flats€0€61,6762024

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 €35,486.

When was the building built?

According to the building register, it was first used in 1977 and has 3 storeys.

Who is on the association's board?

According to the business register, the board members are Heiti Freimann, Monika Prits, Sirje Kahu (board since 06.01.2018).

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.