Apartment association · Põltsamaa linn, Põltsamaa vald
Ringtee tn 4 apartment association
Põltsamaa vald, Põltsamaa linn, Ringtee tn 4 korteriühistu (registry code 80408301) manages a 2-storey panel building built in 1970 with 8 flats. According to its 2025 annual report, the association's long-term liabilities were €137,626 (€397 per m² of flat space) and it held €2,016 in cash. In 2021 long-term liabilities rose from €0 to €158,830 — usually a sign of a renovation.
Board
- KKKarin Kurikboard member8 years 9 monthsalso: Aia tn 1, Aia tn 5, Kuuse tn 3, Pajusi mnt 41 + 9 more
- 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
- Managementgood
- reports filed on time · professional manager
Building
- Built
- 1970
- Storeys
- 2
- Construction
- panel
- Flats
- 8
- Lift
- no
- Heating
- district heating
- Renovated
- yes
Works on the building
per the building register
- A
- B
- C
- DDvalid until 27.04.2034
- E
- F
- G
- H
Compared with similar buildings: Põltsamaa vald, built 1965–1975 (29 associations).
Finances by year
Loan principal repayment is an estimated €1.37 per m² of flat space a month, about €69 a month for a 50 m² flat (interest not included) — more than 94% of associations repaying a loan. The median is €0.52 in Estonia. At the current pace the loan will be repaid around 2050.
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €137,626 | €10,519 | €2,016 | €167,238 | €0 |
| 2024 | €144,112 | €10,940 | €4,252 | €18,373 | €0 |
| 2023 | €149,700 | €9,434 | €4,573 | €1,666 | €0 |
| 2022 | €153,049 | €14,371 | €10,424 | €5,931 | €0 |
| 2021 | €158,830 | €30,908 | €11,556 | €17,059 | €0 |
| 2020 | €0 | €14,043 | €11,495 | €651 | €0 |
| 2019 | €0 | €11,289 | €7,905 | €899 | €0 |
Compared with similar buildings (Põltsamaa vald, built 1965–1975; 29 associations), long-term liabilities per m² of flat space are higher than 93% of them. The median for buildings with a loan is €87/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 Ringtee tn 4 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| A | Ringtee tn 5Põltsamaa linn1970 · 8 flats | €139,126 | €280 | 2025 |
| B | Ringtee tn 6Põltsamaa linn1984 · 9 flats | €1,849 | €14,100 | 2025 |
| C | Ringtee tn 3Põltsamaa linn1979 · 8 flats | €0 | €16,570 | 2025 |
| B | Ringtee tn 7Põltsamaa linn1984 · 9 flats | €0 | €11,351 | 2025 |
| A | Ringtee tn 8Põltsamaa linn1977 · 8 flats | €0 | €17,800 | 2025 |
| C | Ringtee tn 11Põltsamaa linn1985 · 9 flats | €0 | €17,352 | 2025 |
| A | Ringtee tn 9Põltsamaa linn1977 · 8 flats | €64,182 | €4,233 | 2025 |
| C | Ringtee tn 12Põltsamaa linn1986 · 9 flats | €0 | €6,688 | 2025 |
Frequently asked questions
Does the association have a loan?
According to its 2025 report, the association has €137,626 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 €2,016.
When was the building built?
According to the building register, it was first used in 1970 and has 2 storeys.
Who is on the association's board?
According to the business register, the board members are Karin Kurik (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.