Apartment association · Peetri alevik, Rae vald
Pargi tee 11 apartment association
Rae vald, Peetri alevik, Pargi tee 11 korteriühistu (registry code 80295920) manages a 3-storey brick building built in 2006 with 18 flats. According to its 2025 annual report, the association's long-term liabilities were €5,824 (€5 per m² of flat space) and it held €7,880 in cash. Long-term liabilities have fallen 76% since 2019.
Board
- MAMaario Angerjasboard member8 years 9 months
- SVSven Varuškinboard member8 years 9 months
- UJUlvi Jürgensonboard member8 years 9 monthsalso: Pargi tee 9, Tiigi tn 35, Uusmaa tee 4, Uusmaa tee 6 + 2 more
- 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
- 2006
- Storeys
- 3
- Construction
- brick
- Flats
- 18
- Heating
- stove
- A
- B
- C
- DDvalid until 04.10.2031
- E
- F
- G
- H
Compared with similar buildings: Rae vald, built 2001–2011, brick (22 associations).
Finances by year
Loan principal repayment is an estimated €0.24 per m² of flat space a month, about €12 a month for a 50 m² flat (interest not included) — less than 83% of associations repaying a loan. The median is €0.52 in Estonia and €0.45 in Rae vald. At the current pace the loan will be repaid around 2027.
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €5,824 | €18,203 | €7,880 | €18,664 | €1,410 |
| 2024 | €8,939 | €12,413 | €5,653 | €13,680 | €3,306 |
| 2023 | €11,878 | €9,832 | €1,517 | €13,951 | €2,974 |
| 2022 | €15,265 | €5,040 | €685 | €12,868 | €2,649 |
| 2021 | €18,215 | €5,425 | €1,354 | €14,688 | €2,467 |
| 2020 | €23,292 | €4,997 | €4,206 | €9,507 | €2,384 |
| 2019 | €23,789 | €4,802 | €2,162 | €15,943 | €2,206 |
Compared with similar buildings (Rae vald, built 2001–2011, brick; 22 associations), long-term liabilities per m² of flat space are higher than 45% of them. The median for buildings with a loan is €9/m².
Flats in this building
Over the last 12 months 1 flat has been for sale in this building, asking €2,994–€2,994 per m². 1 flat was offered for rent at €790 a month.
What is your flat worth?
An estimate for a flat at Pargi tee 11 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| B | Pargi tee 7Peetri alevik2006 · 18 flats | €5,816 | €6,367 | 2025 |
| B | Pargi tee 9Peetri alevik2006 · 18 flats | €0 | €1,429 | 2025 |
| C | Vägeva tee 44Peetri alevik2006 · 18 flats | €0 | €9,760 | 2025 |
| A | Uusmaa tee 4Peetri alevik2006 · 18 flats | €9,181 | €11,651 | 2025 |
| A | Uusmaa tee 6Peetri alevik2005 · 18 flats | €19,861 | €6,693 | 2025 |
| B | Pargi tee 3 // 5Peetri alevik2006 · 18 flats | €4,515 | €34,803 | 2025 |
| B | Uusmaa tee 8Peetri alevik2006 · 18 flats | €5,346 | €8,085 | 2025 |
| A | Vägeva tee 46Peetri alevik2006 · 18 flats | €5,370 | €824 | 2025 |
Frequently asked questions
Does the association have a loan?
According to its 2025 report, the association has €5,824 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 €7,880.
When was the building built?
According to the building register, it was first used in 2006 and has 3 storeys.
Who is on the association's board?
According to the business register, the board members are Maario Angerjas, Sven Varuškin, Ulvi Jürgenson (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, 2019–2025). Building: building register. Flats on offer: Leiamaakler.ee data from the property portals.