Apartment association · Iisaku alevik, Alutaguse vald

Pargi tn 7 apartment association

Alutaguse vald, Iisaku alevik, Pargi tn 7 korteriühistu (registry code 80336234) manages a 2-storey panel building built in 1987 with 12 flats. According to its 2025 annual report, the association's long-term liabilities were €16,182 (€27 per m² of flat space) and it held €4,688 in cash.

Board

  • KIKarl Innelaurboard member4 years 4 months
E
Association grade
E · weak
Alutaguse vald: ranked 33 of 34 graded associations.
House conditionaverage
age, energy class and works done
Loan affordabilityweak
loan vs the association's annual income
Cash buffergood
cash next to the loan, 3-year average
Managementgood
reports filed on time

Building

Built
1987
Storeys
2
Construction
panel
Flats
12
Lift
no
Heating
district heating

Building page: Pargi tn 7 →

Long-term liabilities
€16,182
as of 31.12.2025
Liabilities per m²
€27
similar buildings with a loan €22
Cash
€4,688
€8/m² · similar €9/m²
Income per m² a month
€0.13
similar buildings €0.62

Compared with similar buildings: Alutaguse vald (34 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
11 €/m²201913 €/m²202016 €/m²202118 €/m²202221 €/m²202323 €/m²202427 €/m²2025
similar buildings with a smaller loan (median)
YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€16,182€1,272€4,688€966€0
2024€14,022€1,535€2,986€1,077€0
2023€12,447€1,881€1,079€1,501€0
2022€11,007€6,514€3,261€4,770€0
2021€9,362€5,443€8€918€0
2020€7,937€3,163€24€914€0
2019€6,512€1,060€1,269€1,022€0

Compared with similar buildings (Alutaguse vald; 34 associations), long-term liabilities per m² of flat space are higher than 88% of them. The median for buildings with a loan is €22/m².

Flats in this building

Over the last 12 months 2 flats have been for sale in this building, asking €63–€357 per m². 1 flat was offered for rent at €230 a month.

Estate agents who have offered flats in this building

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
BKaare tn 2Iisaku alevik1983 · 15 flats€37,976€7,3572025
BPargi tn 9Iisaku alevik1974 · 12 flats€0€10,9112025
–Kasevälja tn 1Iisaku alevik1960 · 4 flatsno reports
–Pargi tn 6Iisaku alevik1967 · 8 flats€0€4,3762019
CKaare tn 4Iisaku alevik1981 · 18 flats€11,720€6,0362025
–Kasevälja tn 3Iisaku alevik1961 · 4 flats€0—2021
–Kasevälja tn 5Iisaku alevik1963 · 4 flatsno reports
–Kasevälja tn 7Iisaku alevik1966 · 8 flatsno reports

Frequently asked questions

Does the association have a loan?

According to its 2025 report, the association has €16,182 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 €4,688.

When was the building built?

According to the building register, it was first used in 1987 and has 2 storeys.

Who is on the association's board?

According to the business register, the board members are Karl Innelaur (board since 26.05.2022).

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.