Apartment association · Märjamaa alev, Märjamaa vald
Pärnu mnt 131 apartment association
Märjamaa vald, Märjamaa alev, Pärnu mnt 131 korteriühistu (registry code 80276229) manages a 2-storey log building built in 1850 with 10 flats. According to its 2025 annual report, the association's long-term liabilities were €35,712 (€76 per m² of flat space) and it held €1,025 in cash. Long-term liabilities have fallen 45% since 2019.
Board
- ALArvo Luhtaruboard member8 years 9 months
- EMEnnike Mägismaaboard member8 years 9 months
- RVRiina Väitsboard member2 years 3 months
- 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
- Managementgood
- reports filed on time
Building
- Built
- 1850
- Storeys
- 2
- Construction
- log
- Flats
- 10
- Lift
- no
- Heating
- stove
- A
- B
- C
- DDvalid until 02.12.2023
- E
- F
- G
- H
Building page: Pärnu mnt 131 →
Compared with similar buildings: Märjamaa vald (78 associations).
Finances by year
Loan principal repayment is an estimated €0.68 per m² of flat space a month, about €34 a month for a 50 m² flat (interest not included) — more than 67% of associations repaying a loan. The median is €0.52 in Estonia and €0.64 in Märjamaa vald. At the current pace the loan will be repaid around 2035.
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €35,712 | €7,640 | €1,025 | €6,213 | — |
| 2024 | €41,315 | €11,255 | €5,129 | €1,789 | — |
| 2023 | €46,414 | €9,606 | €3,943 | €3,530 | — |
| 2022 | €48,986 | €12,360 | €5,289 | €2,185 | — |
| 2021 | €50,589 | €10,794 | €4,750 | €1,877 | — |
| 2020 | €60,053 | €9,619 | €4,071 | €1,025 | — |
| 2019 | €64,824 | €7,777 | €2,011 | €2,080 | — |
Compared with similar buildings (Märjamaa vald; 78 associations), long-term liabilities per m² of flat space are higher than 78% of them. The median for buildings with a loan is €75/m².
Flats in this building
No flat in this building has been for sale or rent in the last 12 months.
What is your flat worth?
An estimate for a flat at Pärnu mnt 131 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| – | Pärnu mnt 127Märjamaa alev1970 · 8 flats | no reports | ||
| – | Pärnu mnt 125Märjamaa alev1974 · 8 flats | no reports | ||
| C | Pärnu mnt 123Märjamaa alev1977 · 12 flats | €0 | €18,722 | 2025 |
| – | Pärnu mnt 94Märjamaa alev1998 · 5 flats | no reports | ||
| E | Tehnika tn 1Märjamaa alev1970 · 12 flats | €0 | €7,478 | 2024 |
| D | Tehnika tn 3Märjamaa alev1970 · 12 flats | €0 | €17,842 | 2025 |
| C | Tehnika tn 5Märjamaa alev1976 · 22 flats | €61,205 | €16,998 | 2025 |
| D | Tehnika tn 7Märjamaa alev1971 · 26 flats | €0 | €21,790 | 2025 |
Frequently asked questions
Does the association have a loan?
According to its 2025 report, the association has €35,712 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 €1,025.
When was the building built?
According to the building register, it was first used in 1850 and has 2 storeys.
Who is on the association's board?
According to the business register, the board members are Arvo Luhtaru, Ennike Mägismaa, Riina Väits (board since 07.01.2018).
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.