Apartment association · Raasiku alevik, Raasiku vald
Paju tn 5 apartment association
Raasiku vald, Raasiku alevik, Paju tn 5 korteriühistu (registry code 80066674) manages a 2-storey block building built in 1993 with 7 flats. According to its 2025 annual report, the association's long-term liabilities were €55,724 (€121 per m² of flat space) and it held €4,689 in cash. In 2022 long-term liabilities rose from €0 to €55,724 — usually a sign of a renovation.
Board
- ASAavo Sirelboard member8 years 9 months
- TTTeet Tammboard member8 years 9 months
- 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
Building
- Built
- 1993
- Storeys
- 2
- Construction
- block
- Flats
- 7
- Lift
- no
- Heating
- district heating
- A
- B
- C
- D
- E
- FF
- G
- H
Compared with similar buildings: Raasiku vald (41 associations).
Finances by year
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €55,724 | — | €4,689 | €16,655 | €0 |
| 2024 | €55,724 | — | €5,840 | €16,712 | €0 |
| 2023 | €55,724 | — | €5,168 | €15,131 | €0 |
| 2022 | €55,724 | — | €4,301 | €16,399 | €0 |
| 2021 | €0 | €55,724 | €2,745 | €13,607 | €0 |
| 2020 | €0 | €55,724 | €6,901 | €14,382 | €0 |
| 2019 | €0 | €55,724 | €6,483 | €14,332 | €0 |
Compared with similar buildings (Raasiku vald; 41 associations), long-term liabilities per m² of flat space are higher than 78% of them. The median for buildings with a loan is €122/m².
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?
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Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| C | Paju tn 7Raasiku alevik1989 · 8 flats | €0 | €3,822 | 2025 |
| A | Paju tn 9Raasiku alevik12 flats | €0 | €408 | 2025 |
| – | Paju tn 11Raasiku alevik1994 | no reports | ||
| – | Rohtla tn 3Raasiku alevik2017 · 3 flats | no reports | ||
| – | Rohtla tn 1Raasiku alevik2017 · 3 flats | no reports | ||
| – | Tallinna mnt 8Raasiku alevik1930 · 2 flats | €0 | €0 | 2021 |
| A | Remmelga tn 1Raasiku alevik2021 · 10 flats | €0 | €6,355 | 2025 |
| A | Niidu tn 17 // Remmelga tn 2Raasiku alevik2021 · 3 flats | €0 | €3,706 | 2025 |
Frequently asked questions
Does the association have a loan?
According to its 2025 report, the association has €55,724 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 €4,689.
When was the building built?
According to the building register, it was first used in 1993 and has 2 storeys.
Who is on the association's board?
According to the business register, the board members are Aavo Sirel, Teet Tamm (board since 30.12.2017).
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.