Apartment association · Puurmani alevik, Põltsamaa vald

Pargi tn 21 apartment association

Põltsamaa vald, Puurmani alevik, Pargi tn 21 korteriühistu (registry code 80477615) manages a 3-storey block building built in 1983 with 18 flats. According to its 2025 annual report, the association's long-term liabilities were €17,864 (€16 per m² of flat space) and it held €18,726 in cash. In 2020 long-term liabilities rose from €0 to €23,891 — usually a sign of a renovation.

Board

  • PRPille Ristboard member5 years 4 months
C
Association grade
C · average
Põltsamaa vald: ranked 71 of 119 graded associations.
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
Managementaverage
reports filed on time

Building

Built
1983
Storeys
3
Construction
block
Flats
18
Lift
no
Heating
district heating

Building page: Pargi tn 21 →

Long-term liabilities
€17,864
as of 31.12.2025
Liabilities per m²
€16
similar buildings with a loan €19
Cash
€18,726
€16/m² · similar €18/m²
Income per m² a month
€0.81
similar buildings €0.83

Compared with similar buildings: Põltsamaa vald, built 1978–1988, block (38 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
0 €/m²201921 €/m²new loan202031 €/m²202122 €/m²202223 €/m²202319 €/m²202416 €/m²2025

Loan principal repayment is an estimated €0.30 per m² of flat space a month, about €15 a month for a 50 m² flat (interest not included) — less than 76% of associations repaying a loan. The median is €0.52 in Estonia. At the current pace the loan will be repaid around 2030.

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€17,864€24,047€18,726€11,150€0
2024€22,033€19,458€14,105€11,085€0
2023€25,832€14,328€10,114€10,661€0
2022€25,429€17,189€6,496€8,688€0
2021€35,259€7,185€2,437€20,909€0
2020€23,891€17,895€9,521€40,656€0
2019€0€6,992€4,496€7,262€0

Compared with similar buildings (Põltsamaa vald, built 1978–1988, block; 38 associations), long-term liabilities per m² of flat space are higher than 79% of them. The median for buildings with a loan is €19/m².

Flats in this building

No flat in this building has been for sale or rent in the last 12 months.

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An estimate for a flat at Pargi tn 21 from similar homes — free and instant.

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
CPargi tn 19Puurmani alevik1988 · 18 flats€0€22,4662025
BPargi tn 23Puurmani alevik1986 · 16 flats€5,386€8,6692025
BPargi tn 25Puurmani alevik1992 · 18 flats€62,720€14,2452025
DPargi tn 8Puurmani alevik1976 · 12 flats€0€7,5712025
DPargi tn 17Puurmani alevik1978 · 12 flats€0€22,2752025
CJõe tn 2Puurmani alevik1980 · 8 flats€0€6,2632025
DPargi tn 6Puurmani alevik1979 · 18 flats€0€19,0982025
–Jõgeva mnt 2Puurmani alevik1873 · 9 flatsno reports

Frequently asked questions

Does the association have a loan?

According to its 2025 report, the association has €17,864 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 €18,726.

When was the building built?

According to the building register, it was first used in 1983 and has 3 storeys.

Who is on the association's board?

According to the business register, the board members are Pille Rist (board since 07.06.2021).

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.