Apartment association · Kadrina alevik, Kadrina vald

Pargi tn 24 apartment association

Kadrina vald, Kadrina alevik, Pargi tn 24 korteriühistu (registry code 80428597) manages a 3-storey panel building built in 1977 with 24 flats. According to its 2025 annual report, the association's long-term liabilities were €268,100 (€178 per m² of flat space) and it held €9,311 in cash. In 2021 long-term liabilities rose from €0 to €293,824 — usually a sign of a renovation.

Board

  • DHDiana Heinsaluboard member5 years 11 months
  • GKGert Kotiesenboard member3 years 5 months
  • ÜNÜlle Nõmmboard member8 years 9 months
A
Association grade
A · very good
Kadrina vald: ranked 2 of 44 graded associations.
House conditiongood
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
1977
Storeys
3
Construction
panel
Flats
24
Lift
no
Heating
district heating
Renovated
yes

Works on the building

Energy class has improved: C (2019) → A (2024)

per the building register

Energy class
  • AAvalid until 19.01.2034
  • B
  • C
  • D
  • E
  • F
  • G
  • H

Building page: Pargi tn 24 →

Long-term liabilities
€268,100
as of 31.12.2025
Liabilities per m²
€178
similar buildings with a loan €255
Cash
€9,311
€6/m² · similar €20/m²
Income per m² a month
€1.66
similar buildings €1.60

Compared with similar buildings: Kadrina vald, built 1972–1982 (15 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
0 €/m²20190 €/m²2020195 €/m²new loan2021191 €/m²2022189 €/m²2023184 €/m²2024178 €/m²2025

Loan principal repayment is an estimated €0.36 per m² of flat space a month, about €18 a month for a 50 m² flat (interest not included) — less than 69% of associations repaying a loan. The median is €0.52 in Estonia.

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€268,100€20,256€9,311€30,080—
2024€276,682€19,640€9,636€29,465—
2023€284,121€21,003€11,562€28,774—
2022€288,131€32,773€22,776€25,671—
2021€293,824€124,041€3,333€28,187—
2020€0€22,310€19,904€25,179—
2019€0€20,898€18,767€24,883—

Compared with similar buildings (Kadrina vald, built 1972–1982; 15 associations), long-term liabilities per m² of flat space are higher than 67% of them. The median for buildings with a loan is €255/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 24 from similar homes — free and instant.

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
CNooruse tn 6Kadrina alevik1985 · 24 flats€0€10,8262025
CNooruse tn 4Kadrina alevik1973 · 18 flats€29,111€31,2602025
BPargi tn 22Kadrina alevik1977 · 21 flats€0€45,1322025
BPargi tn 26Kadrina alevik1979 · 24 flats€0€71,1282025
ANooruse tn 7Kadrina alevik1968 · 12 flats€86,795€11,5962025
ANooruse tn 5Kadrina alevik1961 · 6 flats€85,648€9,4042025
CNooruse tn 3Kadrina alevik1961 · 6 flats€0€26,1982025
ANooruse tn 8Kadrina alevik1983 · 24 flats€0€49,3692025

Frequently asked questions

Does the association have a loan?

According to its 2025 report, the association has €268,100 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 €9,311.

When was the building built?

According to the building register, it was first used in 1977 and has 3 storeys.

Who is on the association's board?

According to the business register, the board members are Diana Heinsalu, Gert Kotiesen, Ülle Nõmm (board since 08.01.2018).

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.