Apartment association · Tartu linn

Sõpruse pst 21 apartment association

Tartu linn, Sõpruse pst 21 korteriühistu (registry code 80139278) manages a 9-storey reinforced-concrete building built in 1987 with 72 flats. According to its 2025 annual report, the association's long-term liabilities were €224,323 (€56 per m² of flat space) and it held €31,530 in cash. In 2024 long-term liabilities rose from €56,517 to €254,288 — usually a sign of a renovation.

Board

  • EKErki Kukkaboard member8 years 9 months
  • HPHelen Pahkboard member1 month
  • KMKonstantin Morinboard member8 years 9 months
  • NLNikolai Lambrikboard member8 years 9 months
A
Association grade
A · very good
Tartu linn: ranked 143 of 1,460 graded associations.
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
1987
Storeys
9
Construction
reinforced concrete
Flats
72
Lift
no
Heating
district heating

Works on the building

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.

The building has been fully renovated
  • Facade
  • Roof
  • Pipes
  • Heating
  • Ventilation
  • Windows
  • Wiring
  • Stairwell
  • Balconies
  • Basement
  • Entrance doors
The ads say
  • „Korter asub majas, mis on ühistu eestvedamisel renoveeritud.“ · ad of 1 flat
  • „Välja on ehitatud sundventilatsioon.“ · ad of 1 flat
  • „Trepikojad on remonditud ning lukustatud fonosüsteemiga varustatud turvaustega.“ · ad of 1 flat
Energy class
  • A
  • B
  • C
  • DD
  • E
  • F
  • G
  • H

Building page: Sõpruse pst 21 →

Long-term liabilities
€224,323
as of 31.12.2025
Liabilities per m²
€56
similar buildings with a renovation loan €163
Cash
€31,530
€8/m² · similar €14/m²
Income per m² a month
€0.82
similar buildings €0.94

Compared with similar buildings: Tartu linn, built 1982–1992 (136 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
24 €/m²201922 €/m²202019 €/m²202116 €/m²202214 €/m²202364 €/m²new loan202456 €/m²2025
similar buildings with a renovation loan (median)

Loan principal repayment is an estimated €0.18 per m² of flat space a month, about €9 a month for a 50 m² flat (interest not included) — less than 88% of associations repaying a loan. The median is €0.52 in Estonia and €0.66 in Tartu linn. At the current pace the loan will be repaid around 2052.

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€224,323€31,983€31,530€39,067€5,250
2024€254,288€35,054€20,420€39,005€5,250
2023€56,517€18,613€66,157€35,655€5,250
2022€65,103€18,686€57,231€30,759€7,940
2021€73,689€15,784€52,465€30,495€9,350
2020€88,244€15,178€50,079€30,331€8,775
2019€97,452€15,479€37,895€30,460€8,404

Compared with similar buildings (Tartu linn, built 1982–1992; 136 associations), long-term liabilities per m² of flat space are higher than 68% of them. The median for buildings with a loan is €115/m².

Flats in this building

3 flats were offered for rent at €160–€370 a month.

Estate agents in Annelinn · Flat prices in Annelinn

Estate agents who have offered flats in this building

What is your flat worth?

An estimate for a flat at Sõpruse pst 21 from similar homes — free and instant.

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
DSõpruse pst 191977 · 45 flats€0€32,2802025
APikk tn 1001987 · 60 flats€648,662€63,8732025
ASõpruse pst 171995 · 40 flats€460,089€33,6012025
AUus tn 691969 · 85 flats€0€53,2212025
AUus tn 671970 · 85 flats€435,141€10,6882025
ASõpruse pst 101977 · 110 flats€10,907€129,7762025
DPikk tn 981987 · 60 flats€920,230€58,0942025
EPikk tn 961993 · 45 flats€862,666€169,7152025

Frequently asked questions

Does the association have a loan?

According to its 2025 report, the association has €224,323 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 €31,530.

When was the building built?

According to the building register, it was first used in 1987 and has 9 storeys.

Who is on the association's board?

According to the business register, the board members are Erki Kukka, Helen Pahk, Konstantin Morin, Nikolai Lambrik (board since 06.01.2018).

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.