Apartment association · Simuna alevik, Väike-Maarja vald

Pargi tn 5 apartment association

Väike-Maarja vald, Simuna alevik, Pargi tn 5 korteriühistu (registry code 80463274) manages a 2-storey block building built in 1967 with 12 flats. According to its 2024 annual report, the association's long-term liabilities were €0 and it held €8,476 in cash. The report shows no long-term liabilities.

Board

  • MMMarge Martõnovaboard member1 month
  • MSMerike Sinimetsboard member1 month
E
Association grade
E · weak
Väike-Maarja vald: ranked 61 of 67 graded associations.
House conditionweak
age, energy class and works done
Loan affordabilitygood
loan vs the association's annual income
Cash bufferaverage
cash per m², 3-year average
Managementweak
reports filed on time

Building

Built
1967
Storeys
2
Construction
block
Flats
12
Lift
no
Heating
stove

Building page: Pargi tn 5 →

Long-term liabilities
€0
as of 31.12.2024
Cash
€8,476
€16/m² · similar €16/m²
Income per m² a month
€0.59
similar buildings €0.80

Compared with similar buildings: Väike-Maarja vald, built 1962–1972 (15 associations).

Finances by year

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2024€0—€8,476€3,671€0
2023€0—€7,848€3,479€0
2022€0—€6,523€3,587€0
2021€0—€4,866€3,638€0
2020€0—€3,165€3,590€0
2019€0—€1,325€2,565€0

Of similar buildings (Väike-Maarja vald, built 1962–1972; 15 associations), 47% 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
–Pargi tn 7Simuna alevik1965 · 8 flatsno reports
DPargi tn 3Simuna alevik1972 · 10 flats€0€12,8902025
APargi tn 17Simuna alevik1981 · 18 flats€0€25,7832025
–Pargi tn 15Simuna alevik1979 · 8 flatsno reports
EPargi tn 9Simuna alevik1967 · 12 flats€0€2542024
–Käru tee 2aSimuna alevik€0—2025
EPargi tn 13Simuna alevik1979 · 8 flats€0€4,2292025
CPargi tn 11Simuna alevik1977 · 12 flats€0€3,0442025

Frequently asked questions

Does the association have a loan?

The 2024 report shows no long-term liabilities.

How much cash does the association have?

At the end of 2024 the association held €8,476.

When was the building built?

According to the building register, it was first used in 1967 and has 2 storeys.

Who is on the association's board?

According to the business register, the board members are Marge Martõnova, Merike Sinimets (board since 10.09.2026).

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, 2019–2024). Building: building register. Flats on offer: Leiamaakler.ee data from the property portals.