Apartment association · Ristiku tn 1, Ristiku tn 2, Paide linn

Ristiku tn 4 apartment association

Paide linn, Ristiku tn 1, Ristiku tn 2, Ristiku tn 4 korteriühistu (registry code 80018474) manages a 5-storey panel building built in 1979 with 60 flats. According to its 2025 annual report, the association's long-term liabilities were €600,870 (€178 per m² of flat space) and it held €414,262 in cash. In 2025 long-term liabilities rose from €337,488 to €600,870 — usually a sign of a renovation.

Board

  • AJAivo Jõesaluboard member8 years 8 months
  • AHAnne Hüttboard member8 years 8 months
  • IMIngrid Mangmannboard member8 years 4 months
  • MTMerle Tambergboard member1 year 4 months
  • VLViktoria Ljogkajaboard member1 year 4 months
A
Association grade
A · very good
Paide linn: ranked 26 of 141 graded associations.
House conditiongood
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

Building

Built
1979
Storeys
5
Construction
panel
Flats
60
Lift
no
Heating
district heating
Energy class
  • A
  • B
  • CCvalid until 13.06.2033
  • D
  • E
  • F
  • G
  • H

The association's buildings (2)

Ristiku tn 160 flats, Ristiku tn 260 flats

Long-term liabilities
€600,870
as of 31.12.2025
Liabilities per m²
€178
similar buildings with a renovation loan €170
Cash
€414,262
€123/m² · similar €14/m²
Income per m² a month
€4.13
similar buildings €0.95

Compared with similar buildings: Paide linn, built 1974–1984, panel (21 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
0 €/m²20199 €/m²new loan202022 €/m²new loan202140 €/m²new loan202268 €/m²new loan2023100 €/m²new loan2024178 €/m²new loan2025
YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€600,870€24,707€414,262€167,401€23,197
2024€337,488€24,508€591,626€104,564€23,448
2023€229,725€25,775€437,643€91,538€22,924
2022€134,272€26,604€319,306€91,023€23,121
2021€73,792€20,974€214,095€113,397€21,010
2020€31,651€18,045€122,410€91,602€21,498
2019€0€18,452€50,486€112,843€26,669

Compared with similar buildings (Paide linn, built 1974–1984, panel; 21 associations), long-term liabilities per m² of flat space are higher than 71% of them. The median for buildings with a loan is €79/m².

Flats in this building

No flat in this building has been for sale or rent in the last 12 months.

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
CRistiku tn 31988 · 45 flats€48,146€25,7332025
ARistiku tn 81977 · 60 flats€107,509€36,6412025
CLai tn 721927 · 6 flats€5,725€3,0132025
ARistiku tn 61998 · 59 flats€85,355€33,1522025
DPrääma tee 71917 · 6 flats€0€14,5952025
ARistiku tn 101999 · 60 flats€212,932€31,8772025
BRistiku tn 91982 · 60 flats€233,245€52,2752025
BRistiku tn 121984 · 18 flats€87,877€15,3622025

Frequently asked questions

Does the association have a loan?

According to its 2025 report, the association has €600,870 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 €414,262.

When was the building built?

According to the building register, it was first used in 1979 and has 5 storeys.

Who is on the association's board?

According to the business register, the board members are Aivo Jõesalu, Anne Hütt, Ingrid Mangmann, Merle Tamberg, Viktoria Ljogkaja (board since 25.01.2018).

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.