Apartment association · Elva linn, Elva vald

Pikk tn 67 apartment association

Elva vald, Elva linn, Pikk tn 67 korteriühistu (registry code 80207138) manages a 3-storey brick building built in 1974 with 18 flats. According to its 2025 annual report, the association's long-term liabilities were €6,607 (€8 per m² of flat space) and it held €5,041 in cash. In 2021 long-term liabilities rose from €0 to €24,282 — usually a sign of a renovation.

Board

  • VMVeijo Männisteboard member1 year 7 months
D
Association grade
D · below average
Elva vald: ranked 77 of 125 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
Managementaverage
reports filed on time

Building

Built
1974
Storeys
3
Construction
brick
Flats
18
Lift
no
Heating
district heating

Building page: Pikk tn 67 →

Long-term liabilities
€6,607
as of 31.12.2025
Liabilities per m²
€8
similar buildings with a loan €72
Cash
€5,041
€6/m² · similar €12/m²
Income per m² a month
€1.26
similar buildings €0.56

Compared with similar buildings: Elva vald, built 1969–1979, brick (18 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
0 €/m²20190 €/m²202031 €/m²new loan202126 €/m²202220 €/m²202315 €/m²20248 €/m²2025

Loan principal repayment is an estimated €0.46 per m² of flat space a month, about €23 a month for a 50 m² flat (interest not included) — about average for associations repaying a loan. The median is €0.52 in Estonia and €0.67 in Elva vald. At the current pace the loan will be repaid around 2027.

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€6,607€12,679€5,041€12,050€0
2024€11,580€13,445€7,844€4,568€0
2023€16,177€11,730€5,922€4,523€0
2022€20,352€9,669€4,674€4,664€0
2021€24,282€8,044€3,980€42,369€0
2020€0€16,141€15,205€4,374€0
2019€0€12,569€11,937€4,454€0

Compared with similar buildings (Elva vald, built 1969–1979, brick; 18 associations), long-term liabilities per m² of flat space are higher than 50% of them. The median for buildings with a loan is €72/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 Pikk tn 67 from similar homes — free and instant.

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
DPikk tn 71Elva linn1974 · 18 flats€0€12,0632025
CPikk tn 63Elva linn1984 · 18 flats€0€20,7772025
EPikk tn 65Elva linn1970 · 18 flats€42,428€5,1842025
CPikk tn 61Elva linn1970 · 18 flats€74,278€18,9122025
CPikk tn 69Elva linn1966 · 24 flats€52,402€15,3002025
DPikk tn 59Elva linn1904 · 8 flats€0€11,3342025
APikk tn 75Elva linn1980 · 10 flats€1,231€6,8982025
CTartu mnt 27aElva linn1964 · 23 flats€119,424€10,2952025

Frequently asked questions

Does the association have a loan?

According to its 2025 report, the association has €6,607 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 €5,041.

When was the building built?

According to the building register, it was first used in 1974 and has 3 storeys.

Who is on the association's board?

According to the business register, the board members are Veijo Männiste (board since 26.02.2025).

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.