Apartment association · Rakvere linn
Silla tn 7 apartment association
Rakvere linn, Silla tn 7 korteriühistu (registry code 80121226) manages a 3-storey panel building built in 1981 with 15 flats. According to its 2025 annual report, the association's long-term liabilities were €317,918 (€345 per m² of flat space) and it held €5,605 in cash. In 2022 long-term liabilities rose from €0 to €417,140 — usually a sign of a renovation.
Board
- HLHardi Laatsboard member4 years 1 month
- MSMonika Sarapuuboard member4 years 1 month
- TSToomas Sepmannboard member8 years 9 months
- VNVictor Nikolaevboard member8 years 8 months
- House conditiongood
- 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
- Managementgood
- reports filed on time
Building
- Built
- 1981
- Storeys
- 3
- Construction
- panel
- Flats
- 15
- Lift
- no
- Heating
- district heating
- Renovated
- 2022
Works on the building
per the building register's energy certificate
per the building register
- A
- B
- CCvalid until 25.01.2035
- D
- E
- F
- G
- H
Compared with similar buildings: Rakvere linn, built 1976–1986, panel (26 associations).
Finances by year
Loan principal repayment is an estimated €0.83 per m² of flat space a month, about €42 a month for a 50 m² flat (interest not included) — more than 79% 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 2060.
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €317,918 | €8,768 | €5,605 | €54,002 | €0 |
| 2024 | €327,156 | €7,840 | €19,177 | €56,770 | €0 |
| 2023 | €334,991 | €7,840 | €12,679 | €214,603 | €0 |
| 2022 | €417,140 | €358,041 | €54 | €703,897 | €0 |
| 2021 | €0 | €0 | €32,535 | €26,659 | €0 |
| 2020 | €0 | €0 | €23,674 | €25,033 | €0 |
| 2019 | €0 | €0 | €13,453 | €29,776 | €0 |
Compared with similar buildings (Rakvere linn, built 1976–1986, panel; 26 associations), long-term liabilities per m² of flat space are higher than 85% 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 €1,645–€1,645 per m².
Estate agents in Rakvere · Flat prices in Rakvere
Estate agents who have offered flats in this building
- Olev RohumäeVirumaa Invest OÜ1 flat
What is your flat worth?
An estimate for a flat at Silla tn 7 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| – | L. Koidula tn 8a1961 · 4 flats | no reports | ||
| – | L. Koidula tn 71948 · 9 flats | €0 | €9,392 | 2023 |
| – | Kastani pst 151951 · 4 flats | no reports | ||
| B | L. Koidula tn 31970 · 16 flats | €42,364 | €32,545 | 2025 |
| C | O. Arderi tn 31964 · 32 flats | €122,290 | €9,409 | 2025 |
| – | L. Koidula tn 251925 · 2 flats | no reports | ||
| – | Viru tn 181948 · 4 flats | no reports | ||
| A | Lai tn 311964 · 36 flats | €277,664 | €67,113 | 2025 |
Frequently asked questions
Does the association have a loan?
According to its 2025 report, the association has €317,918 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 €5,605.
When was the building built?
According to the building register, it was first used in 1981 and has 3 storeys.
Who is on the association's board?
According to the business register, the board members are Hardi Laats, Monika Sarapuu, Toomas Sepmann, Victor Nikolaev (board since 07.01.2018).
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.