Apartment association · Rakvere linn
Side tn 6 apartment association
Rakvere linn, Side tn 6 korteriühistu (registry code 80095664) manages a 5-storey panel building built in 1984 with 37 flats. According to its 2025 annual report, the association's long-term liabilities were €278,432 (€204 per m² of flat space) and it held €18,828 in cash. Long-term liabilities have fallen 27% since 2019.
Board
- SHSiret Hobolainenboard member1 year 9 months
- VEVeljo Einbergboard member1 year 9 monthsalso: Tartu mnt 29
- House conditiongood
- age, energy class and works done
- Loan affordabilityweak
- loan vs the association's annual income
- Cash buffergood
- cash next to the loan, 3-year average
- Managementgood
- reports filed on time
Building
- Built
- 1984
- Storeys
- 5
- Construction
- panel
- Flats
- 37
- Lift
- no
- Heating
- district heating
- Renovated
- yes
Works on the building
per the building register
Source: sale ads for flats in this building. These are sellers' and brokers' claims that we have not verified, and they may be inaccurate or incomplete. The association's board can confirm the facts.
- „Maja on renoveeritud 2018. aastal“ · ad of 1 flat
- AAvalid until 10.03.2030
- B
- C
- D
- E
- F
- G
- H
Compared with similar buildings: Rakvere linn, built 1979–1989, panel (28 associations).
Finances by year
Loan principal repayment is an estimated €1.09 per m² of flat space a month, about €55 a month for a 50 m² flat (interest not included) — more than 89% of associations repaying a loan. The median is €0.52 in Estonia and €0.65 in Rakvere linn. At the current pace the loan will be repaid around 2041.
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €278,432 | €46,218 | €18,828 | €10,447 | €1,200 |
| 2024 | €299,152 | €43,742 | €14,608 | €14,100 | €1,200 |
| 2023 | €317,309 | €40,436 | €16,330 | €15,461 | €1,200 |
| 2022 | €328,020 | €28,182 | €20,518 | €12,322 | €1,124 |
| 2021 | €345,457 | €29,859 | €23,030 | €12,293 | €2,155 |
| 2020 | €364,750 | €27,839 | €19,595 | €12,472 | €2,198 |
| 2019 | €382,943 | €28,096 | €14,950 | €12,378 | €2,944 |
Compared with similar buildings (Rakvere linn, built 1979–1989, panel; 28 associations), long-term liabilities per m² of flat space are higher than 75% of them. The median for buildings with a loan is €135/m².
Flats in this building
Over the last 12 months 1 flat has been for sale in this building, asking €1,751–€1,751 per m². 3 flats were offered for rent at €275–€450 a month.
Estate agents in Rakvere · Flat prices in Rakvere
Estate agents who have offered flats in this building
- Liilia PartArco Vara Kinnisvarabüroo OÜ1 flat
What is your flat worth?
An estimate for a flat at Side tn 6 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| D | Seminari tn 111983 · 15 flats | €130,358 | €12,628 | 2025 |
| – | Seminari tn 281948 · 2 flats | no reports | ||
| E | Seminari tn 231985 · 15 flats | €102,867 | €7,409 | 2025 |
| C | Side tn 121986 · 45 flats | €143,257 | €64,055 | 2025 |
| E | Rägavere tee 241948 · 8 flats | €0 | €7,252 | 2024 |
| D | Kungla tn 91984 · 60 flats | €456,587 | €48,278 | 2025 |
| E | Kungla tn 61980 · 60 flats | €318,603 | €17,293 | 2025 |
| E | Kungla tn 111985 · 60 flats | €486,152 | €48,788 | 2025 |
Frequently asked questions
Does the association have a loan?
According to its 2025 report, the association has €278,432 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 €18,828.
When was the building built?
According to the building register, it was first used in 1984 and has 5 storeys.
Who is on the association's board?
According to the business register, the board members are Siret Hobolainen, Veljo Einberg (board since 08.01.2025).
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.