Apartment association · Lagedi alevik, Rae vald
Posti tn 6 apartment association
Rae vald, Lagedi alevik, Posti tn 6 korteriühistu (registry code 80017670) manages a 2-storey brick building built in 1964 with 16 flats. According to its 2025 annual report, the association's long-term liabilities were €108,696 (€174 per m² of flat space) and it held €1,131 in cash. In 2021 long-term liabilities rose from €9,774 to €122,831 — usually a sign of a renovation.
Board
- ETErki Tevetboard member8 years 9 months
- ISIvo Salumäeboard member8 years 9 months
- MSMeelis Sekkboard member8 years 9 months
- PLPilvi Leemetsboard member8 years 9 months
- ÜSÜlle Salumäeboard member8 years 9 months
- House conditionaverage
- age, energy class and works done
- Loan affordabilitygood
- loan vs the association's annual income
- Cash bufferaverage
- cash next to the loan, 3-year average
- Managementaverage
- reports filed on time
Building
- Built
- 1964
- Storeys
- 2
- Construction
- brick
- Flats
- 16
- Lift
- no
- Heating
- stove
- Renovated
- yes
Works on the building
per the building register
- A
- B
- C
- D
- EEvalid until 19.11.2034
- F
- GG2019
- H
Compared with similar buildings: Rae vald (216 associations).
Finances by year
Loan principal repayment is an estimated €0.47 per m² of flat space a month, about €24 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 €0.45 in Rae vald. At the current pace the loan will be repaid around 2056.
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €108,696 | €7,036 | €1,131 | €17,202 | €0 |
| 2024 | €113,441 | €9,380 | €675 | €19,340 | €0 |
| 2023 | €117,213 | €8,989 | €411 | €16,751 | €0 |
| 2022 | €120,486 | €9,508 | €1,633 | €14,530 | €0 |
| 2021 | €122,831 | €11,476 | €277 | €19,715 | €0 |
| 2020 | €9,774 | €2,137 | €7,847 | €10,797 | €0 |
| 2019 | €15,019 | €585 | €10,222 | €3,070 | €0 |
Compared with similar buildings (Rae vald; 216 associations), long-term liabilities per m² of flat space are higher than 94% of them. The median for buildings with a loan is €39/m².
Flats in this building
1 flat was offered for rent at €490 a month.
What is your flat worth?
An estimate for a flat at Posti tn 6 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| B | Posti tn 5Lagedi alevik, Posti tn 41965 · 16 flats | €0 | €43,493 | 2025 |
| C | Betooni tn 15Lagedi alevik1978 · 18 flats | €125,945 | €21,045 | 2025 |
| D | Posti tn 2Lagedi alevik1962 · 12 flats | €0 | €4,903 | 2025 |
| A | Betooni tn 15aLagedi alevik1980 · 18 flats | €83,643 | €141 | 2025 |
| – | Betooni tn 13Lagedi alevik2000 · 2 flats | no reports | ||
| A | Betooni tn 19Lagedi alevik1987 · 24 flats | €56,282 | €23,971 | 2025 |
| C | Betooni tn 17Lagedi alevik1973 · 36 flats | €47,975 | €29,034 | 2025 |
| – | Betooni tn 6Lagedi alevik1964 · 4 flats | no reports | ||
Frequently asked questions
Does the association have a loan?
According to its 2025 report, the association has €108,696 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 €1,131.
When was the building built?
According to the building register, it was first used in 1964 and has 2 storeys.
Who is on the association's board?
According to the business register, the board members are Erki Tevet, Ivo Salumäe, Meelis Sekk, Pilvi Leemets, Ülle Salumäe (board since 29.12.2017).
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.