Apartment association · Kuressaare linn, Saaremaa vald

Pargi tn 1 // 1a apartment association

Saaremaa vald, Kuressaare linn, Pargi tn 1 // 1a korteriühistu (registry code 80489802) manages a 2-storey log building built in 1959 with 6 flats. According to its 2024 annual report, the association's long-term liabilities were €0 and it held — in cash. The report shows no long-term liabilities.

Board

  • PRPriit Riimboard member3 years 5 months
D
Association grade
D · below average
Saaremaa vald: ranked 215 of 277 graded associations.
House conditiongood
age, energy class and works done
Loan affordabilitygood
loan vs the association's annual income
Cash bufferweak
cash per m², 3-year average
Managementweak
reports filed on time

Building

Built
1959
Storeys
2
Construction
log
Flats
6
Lift
no
Heating
stove

Works on the building

Source: sale ads for flats in this building. These are sellers' and brokers' claims that we have not verified, and they may be inaccurate or incomplete. The association's board can confirm the facts.

The building has been fully renovated
The ads say
  • „Üle 200- aastane ajalooline hoone on kaunilt renoveeritud 12- aastat tagasi.“ · ads of 2 flats

The association's buildings (2)

Pargi tn 16 flats, Pargi tn 1a2 flats

Long-term liabilities
€0
as of 31.12.2024
Cash
—
as of 31.12.2024
Annual income
—
2024

Compared with similar buildings: Saaremaa vald, built 1954–1964 (64 associations).

Finances by year

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2024€0———€0

Of similar buildings (Saaremaa vald, built 1954–1964; 64 associations), 34% have long-term liabilities; this association has none.

Flats in this building

2 flats were offered for rent at €700–€750 a month.

What is your flat worth?

An estimate for a flat at Pargi tn 1 // 1a from similar homes — free and instant.

Value your flat

Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
BPargi tn 2 // 2bKuressaare linn8 flats€0€2,3142025
BPikk tn 1eKuressaare linn2003 · 9 flats€0€10,7042025
BLossi tn 21Kuressaare linn1922 · 4 flats€79,986€4,6652025
ALossi tn 23Kuressaare linn1997 · 8 flats€3,850€4,8752025
DLossi tn 25Kuressaare linn1959 · 9 flats€25,013€1,9782025
BPikk tn 1Kuressaare linn1961 · 24 flats€9,913€12,6252025
APikk tn 2Kuressaare linn2005 · 18 flats€10,504—2025
–Pargi tn 2aKuressaare linn4 flats€0€1,1662019

Frequently asked questions

Does the association have a loan?

The 2024 report shows no long-term liabilities.

When was the building built?

According to the building register, it was first used in 1959 and has 2 storeys.

Who is on the association's board?

According to the business register, the board members are Priit Riim (board since 02.05.2023).

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, 2024–2024). Building: building register. Flats on offer: Leiamaakler.ee data from the property portals.