Apartment association · Laagri alevik, Saue vald
Redise tn 7 apartment association
Saue vald, Laagri alevik, Redise tn 7 korteriühistu (registry code 80089764) manages a 3-storey panel building built in 1992 with 18 flats. According to its 2025 annual report, the association's long-term liabilities were €18,292 (€13 per m² of flat space) and it held €14,018 in cash. Long-term liabilities have fallen 45% since 2019.
Board
- JLJüri Leiskboard member1 year 2 months
- MKMargus Karuboard member1 year 2 monthsalso: Kuuse tn 43a
- MKMarika Kulmarboard member3 years 1 monthalso: Lehiste pst 7
- 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
- Managementaverage
- reports filed on time
Building
- Built
- 1992
- Storeys
- 3
- Construction
- panel
- Flats
- 18
- Lift
- no
- Heating
- district heating
Compared with similar buildings: Saue vald, built 1987–1997 (22 associations).
Finances by year
Loan principal repayment is an estimated €0.13 per m² of flat space a month, about €7 a month for a 50 m² flat (interest not included) — less than 92% of associations repaying a loan. The median is €0.52 in Estonia and €0.60 in Saue vald. At the current pace the loan will be repaid around 2034.
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €18,292 | €23,854 | €14,018 | €7,723 | -€3,222 |
| 2024 | €27,532 | €7,929 | €4,276 | €22,552 | -€3,148 |
| 2023 | €29,564 | €9,490 | €7,802 | €5,675 | -€3,142 |
| 2022 | €25,892 | €8,688 | €3,981 | €33,465 | -€3,142 |
| 2021 | €28,124 | €8,869 | €16,022 | €8,781 | -€2,407 |
| 2020 | €32,238 | €6,893 | €17,592 | €4,607 | -€2,040 |
| 2019 | €33,038 | €6,688 | €10,647 | €4,573 | -€2,040 |
Compared with similar buildings (Saue vald, built 1987–1997; 22 associations), long-term liabilities per m² of flat space are higher than 55% of them. The median for buildings with a loan is €29/m².
Flats in this building
Over the last 12 months 1 flat has been for sale in this building, asking €2,216–€2,216 per m². 1 flat was offered for rent at €950 a month.
Estate agents who have offered flats in this building
- Indrek RõõmImugi OÜ1 flat
- Janika MesilaMesila Kinnisvara OÜ1 flat
What is your flat worth?
An estimate for a flat at Redise tn 7 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| C | Redise tn 9Laagri alevik1992 · 18 flats | €262,423 | €7,928 | 2025 |
| A | Redise tn 8Laagri alevik1982 · 60 flats | €118,255 | €27,609 | 2025 |
| B | Redise tn 10Laagri alevik1984 · 45 flats | €0 | €7,716 | 2025 |
| A | Redise tn 4Laagri alevik1978 · 60 flats | €186,485 | €35,657 | 2025 |
| A | Redise tn 12Laagri alevik1987 · 45 flats | €149,590 | €54,309 | 2025 |
| A | Redise tn 6Laagri alevik1979 · 60 flats | €412,186 | €39,013 | 2025 |
| A | Redise tn 2Laagri alevik1967 · 20 flats | €0 | €23,352 | 2025 |
| A | Veskitammi tn 18Laagri alevik1967 · 12 flats | €12,633 | €5,857 | 2024 |
Frequently asked questions
Does the association have a loan?
According to its 2025 report, the association has €18,292 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 €14,018.
When was the building built?
According to the building register, it was first used in 1992 and has 3 storeys.
Who is on the association's board?
According to the business register, the board members are Jüri Leisk, Margus Karu, Marika Kulmar (board since 23.08.2023).
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.