Apartment association · Haapsalu linn
Räägu tn 4 apartment association
Haapsalu linn, Räägu tn 4 korteriühistu (registry code 80426227) manages a 1-storey brick building with 6 flats. According to its 2025 annual report, the association's long-term liabilities were €14,097 (€102 per m² of flat space) and it held €643 in cash. In 2020 long-term liabilities rose from €0 to €25,486 — usually a sign of a renovation.
Board
- TJTiina Järitsaboard member6 years 2 months
- TKTriin Kibuspuuboard member8 years 9 months
- House conditionno data
- 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
- Storeys
- 1
- Construction
- brick
- Flats
- 6
- Lift
- no
- Heating
- stove
Compared with similar buildings: Haapsalu linn (199 associations).
Finances by year
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €14,097 | €0 | €643 | €10,947 | €0 |
| 2024 | €0 | €16,225 | €741 | €3,628 | €0 |
| 2023 | €0 | €19,949 | €221 | €4,120 | €0 |
| 2022 | €0 | €21,710 | €448 | €759 | €0 |
| 2021 | €23,633 | €0 | €245 | €2,721 | €0 |
| 2020 | €25,486 | €624 | €2 | €4,283 | €0 |
| 2019 | €0 | €624 | €2,781 | €3,533 | €0 |
Compared with similar buildings (Haapsalu linn; 199 associations), long-term liabilities per m² of flat space are higher than 83% of them. The median for buildings with a loan is €63/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 Räägu tn 4 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| – | Tellisetehase tn 21939 · 3 flats | no reports | ||
| D | Kiltsi tee 181947 · 7 flats | €0 | €3,702 | 2025 |
| – | Kiltsi tee 161956 · 2 flats | no reports | ||
| E | Kiltsi tee 51952 · 8 flats | €0 | €6,789 | 2025 |
| C | Kiltsi tee 121980 · 12 flats | €0 | €1,473 | 2025 |
| D | Tulika tn 3Paralepa alevik1967 · 7 flats | €28,121 | €728 | 2024 |
| D | Pargi tn 11965 · 12 flats | €0 | €7,115 | 2025 |
| C | Kiltsi tee 12b1990 · 12 flats | €0 | €4,505 | 2025 |
Frequently asked questions
Does the association have a loan?
According to its 2025 report, the association has €14,097 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 €643.
Who is on the association's board?
According to the business register, the board members are Tiina Järitsa, Triin Kibuspuu (board since 08.01.2018).
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.