Apartment association · Raadi alev, Tartu vald

Pärna allee 2 apartment association

Tartu vald, Raadi alev, Pärna allee 2 korteriühistu (registry code 80286967) manages a 2-storey panel building built in 2009 with 28 flats. According to its 2025 annual report, the association's long-term liabilities were €49,383 (€34 per m² of flat space) and it held €4,093 in cash. Long-term liabilities have fallen 38% since 2019.

Board

  • MSMarchos Saareperaboard memberunder a month
  • RJRaul Joosep Kartauboard memberunder a month
  • RTReimo Tinnoboard member6 years 8 months
D
Association grade
D · below average
Tartu vald: ranked 143 of 172 graded associations.
House conditionweak
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
2009
Storeys
2
Construction
panel
Flats
28
Lift
no
Heating
stove
Energy class
  • A
  • B
  • C
  • D
  • E
  • FFvalid until 16.05.2023
  • G
  • H

Building page: Pärna allee 2 →

Long-term liabilities
€49,383
as of 31.12.2025
Liabilities per m²
€34
similar buildings with a loan €20
Cash
€4,093
€3/m² · similar €9/m²
Income per m² a month
€1.01
similar buildings €0.76

Compared with similar buildings: Tartu vald, built 2004–2014 (18 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
55 €/m²201952 €/m²202048 €/m²202145 €/m²202242 €/m²202338 €/m²202434 €/m²2025

Loan principal repayment is an estimated €0.29 per m² of flat space a month, about €14 a month for a 50 m² flat (interest not included) — less than 78% of associations repaying a loan. The median is €0.52 in Estonia and €0.46 in Tartu vald. At the current pace the loan will be repaid around 2035.

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€49,383€9,564€4,093€17,345€5,541
2024€54,912€9,718€2,795€14,361€5,443
2023€60,204€9,423€3,767€13,889€5,862
2022€64,374€9,270€3,460€12,763€6,617
2021€69,009€9,335€5,576€12,683€6,247
2020€74,200€7,336€4,926€12,829€6,259
2019€79,262€7,389€3,211€15,392€6,739

Compared with similar buildings (Tartu vald, built 2004–2014; 18 associations), long-term liabilities per m² of flat space are higher than 89% of them. The median for buildings with a loan is €20/m².

Flats in this building

Over the last 12 months 3 flats have been for sale in this building, asking €2,224–€2,383 per m².

Estate agents who have offered flats in this building

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
CPärna allee 1Raadi alev2009 · 36 flats€119,016€13,4992025
BKaupmehe tn 3Raadi alev2009 · 34 flats€0€30,3192025
EPärna allee 4Raadi alev2007 · 36 flats€0€38,7602025
APärna allee 3Raadi alev2007 · 24 flats€0€7,0232025
AKaupmehe tn 5Raadi alev2016 · 30 flats€9,538€11,8882025
BPärna allee 6Raadi alev2008 · 42 flats€0€4,0572025
AKaupmehe tn 1Raadi alev2012 · 16 flats€0€7,9422025
BPärna allee 5Raadi alev2008 · 28 flats€43,088€13,8262025

Frequently asked questions

Does the association have a loan?

According to its 2025 report, the association has €49,383 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 €4,093.

When was the building built?

According to the building register, it was first used in 2009 and has 2 storeys.

Who is on the association's board?

According to the business register, the board members are Marchos Saarepera, Raul Joosep Kartau, Reimo Tinno (board since 12.02.2020).

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.