Apartment association · Aarna küla, Põlva vald

Pargi tee 4 apartment association

Põlva vald, Aarna küla, Pargi tee 4 korteriühistu (registry code 80016185) manages a 2-storey brick building built in 1971 with 12 flats. According to its 2025 annual report, the association's long-term liabilities were €0 and it held €22,870 in cash. The report shows no long-term liabilities.

Board

  • HPHele Päikeboard member8 years 9 months
  • JPJaanus Puuseppboard member2 months
D
Association grade
D · below average
Põlva vald: ranked 105 of 134 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
Managementaverage
reports filed on time

Building

Built
1971
Storeys
2
Construction
brick
Flats
12
Lift
no
Heating
district heating

Building page: Pargi tee 4 →

Long-term liabilities
€0
as of 31.12.2025
Cash
€22,870
€43/m² · similar €19/m²
Income per m² a month
€0.58
similar buildings €1.05

Compared with similar buildings: Põlva vald, built 1966–1976 (40 associations).

Finances by year

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€0€602€22,870€3,681€0
2024€0€396€21,175€3,681€0
2023€0€309€19,220€3,681€0
2022€0€291€17,416€3,681€0
2021€0€490€15,405€3,696€0
2020€0—€11,936€3,496€0
2019€0€0€9,567€3,639€0

Of similar buildings (Põlva vald, built 1966–1976; 40 associations), 68% 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.

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
CPargi tee 8Aarna küla1975 · 12 flats€0€32,7722025
–Pargi tee 12Aarna küla1970€0€1,1712025
DPargi tee 10Aarna küla1985 · 12 flats€0€20,7172025

Frequently asked questions

Does the association have a loan?

The 2025 report shows no long-term liabilities.

How much cash does the association have?

At the end of 2025 the association held €22,870.

When was the building built?

According to the building register, it was first used in 1971 and has 2 storeys.

Who is on the association's board?

According to the business register, the board members are Hele Päike, Jaanus Puusepp (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.