Apartment association · Tartu linn

Riia tn 7 apartment association

Tartu linn, Riia tn 7 korteriühistu (registry code 80062707) manages a 4-storey brick building with 18 flats. According to its 2025 annual report, the association's long-term liabilities were €150,235 (€142 per m² of flat space) and it held €4,616 in cash. In 2020 long-term liabilities rose from €7,432 to €213,692 — usually a sign of a renovation.

Board

  • VJVirko Jõelaidboard member8 years 3 months
  • VPVäino Peetsboard member8 years 3 months
E
Association grade
E · weak
Tartu linn: ranked 1384 of 1,460 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

Storeys
4
Construction
brick
Flats
18
Lift
no
Heating
district heating

Building page: Riia tn 7 →

Long-term liabilities
€150,235
as of 31.12.2025
Liabilities per m²
€142
similar buildings with a renovation loan €128
Cash
€4,616
€4/m² · similar €14/m²
Income per m² a month
€1.65
similar buildings €1.12

Compared with similar buildings: Tartu linn (1460 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
7 €/m²2019202 €/m²new loan2020189 €/m²2021178 €/m²2022168 €/m²2023156 €/m²2024142 €/m²2025
similar buildings with a renovation loan (median)

Loan principal repayment is an estimated €0.99 per m² of flat space a month, about €50 a month for a 50 m² flat (interest not included) — more than 87% of associations repaying a loan. The median is €0.52 in Estonia and €0.66 in Tartu linn. At the current pace the loan will be repaid around 2037.

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€150,235€20,219€4,616€20,993€0
2024€164,764€23,569€5,591€12,651€0
2023€177,997€19,696€3,428€11,602€0
2022€188,455€19,185€3,056€20,037€0
2021€200,313€20,010€4,636€15,335€0
2020€213,692€21,138€7,096€312,120€0
2019€7,432€29,743€21,821€13,175€0

Compared with similar buildings (Tartu linn; 1460 associations), long-term liabilities per m² of flat space are higher than 89% of them. The median for buildings with a loan is €55/m².

Flats in this building

Over the last 12 months 1 flat has been for sale in this building, asking €3,084–€3,084 per m². 1 flat was offered for rent at €1,100 a month.

Estate agents in Kesklinn · Flat prices in Kesklinn

Estate agents who have offered flats in this building

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An estimate for a flat at Riia tn 7 from similar homes — free and instant.

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
–Lootuse tn 171905 · 6 flatsno reports
BLootuse tn 2a // Tähe tn 192022 · 24 flats€0€1922024
–Võru tn 231977 · 6 flats€0€5,1002023
ATähe tn 181947 · 7 flats€37,548€2,4212025
CLootuse tn 81977 · 13 flats€73,839€13,3262025
CVõru tn 701953 · 8 flats€14,933€10,0792025
DTähe tn 201948 · 3 flats€0€3,5282025
ELootuse tn 21 // 23 // 23a1977 · 7 flats€40,586€37,4162025

Frequently asked questions

Does the association have a loan?

According to its 2025 report, the association has €150,235 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 €4,616.

Who is on the association's board?

According to the business register, the board members are Virko Jõelaid, Väino Peets (board since 09.07.2018).

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.