Apartment association · Kuressaare linn, Saaremaa vald
Sepa tn 2 apartment association
Saaremaa vald, Kuressaare linn, Sepa tn 2 korteriühistu (registry code 80179094) manages a 3-storey block building built in 1989 with 26 flats. According to its 2025 annual report, the association's long-term liabilities were €143,955 (€94 per m² of flat space) and it held €19,830 in cash. Long-term liabilities have fallen 31% since 2019.
Board
- AOAnne Olopboard member3 years 3 months
- IVIrena Viljasteboard member3 years 3 months
- KKKadri Koivilboard member3 years 3 months
- MSMati Saulboard member3 years 3 months
- House conditionaverage
- age, energy class and works done
- Loan affordabilityaverage
- loan vs the association's annual income
- Cash buffergood
- cash next to the loan, 3-year average
- Managementgood
- reports filed on time
Building
- Built
- 1989
- Storeys
- 3
- Construction
- block
- Flats
- 26
- Heating
- district heating
- A
- B
- C
- D
- EEvalid until 15.04.2027
- F
- G
- H
Compared with similar buildings: Saaremaa vald, built 1984–1994, block (37 associations).
Finances by year
Loan principal repayment is an estimated €0.67 per m² of flat space a month, about €34 a month for a 50 m² flat (interest not included) — more than 66% of associations repaying a loan. The median is €0.52 in Estonia and €0.48 in Saaremaa vald. At the current pace the loan will be repaid around 2037.
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €143,955 | €19,456 | €19,830 | €14,459 | €0 |
| 2024 | €156,952 | €18,329 | €17,283 | €15,962 | €0 |
| 2023 | €170,323 | €16,790 | €15,881 | €14,388 | €0 |
| 2022 | €178,898 | €18,091 | €12,857 | €9,767 | €1,500 |
| 2021 | €190,320 | €17,611 | €10,525 | €8,844 | €1,331 |
| 2020 | €201,923 | €17,811 | €7,647 | €10,313 | €1,305 |
| 2019 | €209,964 | €18,498 | €6,811 | €26,317 | €514 |
Compared with similar buildings (Saaremaa vald, built 1984–1994, block; 37 associations), long-term liabilities per m² of flat space are higher than 81% of them. The median for buildings with a loan is €42/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 Sepa tn 2 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| C | Vallimaa tn 17Kuressaare linn1988 · 18 flats | €22,707 | €26,521 | 2025 |
| C | Kohtu tn 36Kuressaare linn1995 · 5 flats | €0 | €569 | 2025 |
| C | Sepa tn 6Kuressaare linn1964 · 8 flats | €0 | €6,112 | 2025 |
| – | Kohtu tn 30Kuressaare linn2024 · 1 flats | no reports | ||
| – | Kohtu tn 38Kuressaare linn1959 · 3 flats | no reports | ||
| C | Vallimaa tn 21Kuressaare linn1980 · 18 flats | €0 | €42,699 | 2025 |
| D | Vallimaa tn 9Kuressaare linn1980 · 55 flats | €677,887 | €33,934 | 2025 |
| – | Kohtu tn 44Kuressaare linn1959 · 3 flats | no reports | ||
Frequently asked questions
Does the association have a loan?
According to its 2025 report, the association has €143,955 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 €19,830.
When was the building built?
According to the building register, it was first used in 1989 and has 3 storeys.
Who is on the association's board?
According to the business register, the board members are Anne Olop, Irena Viljaste, Kadri Koivil, Mati Saul (board since 11.07.2023).
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.