Apartment association · Aruküla alevik, Raasiku vald

Staadioni tn 2 apartment association

Raasiku vald, Aruküla alevik, Staadioni tn 2 korteriühistu (registry code 80521635) manages a 3-storey reinforced-concrete building built in 1992 with 11 flats. According to its 2025 annual report, the association's long-term liabilities were €340,595 (€458 per m² of flat space) and it held €35,576 in cash. In 2022 long-term liabilities rose from €19,843 to €358,554 — usually a sign of a renovation.

Board

  • JPJoosep Pärtelboard member6 years 6 months
  • MMMari Mölsboard member6 years 6 months
  • RRRisto Randmaboard member8 years 5 months
E
Association grade
E · weak
Raasiku vald: ranked 37 of 41 graded associations.
House conditionaverage
age, energy class and works done
Loan affordabilityweak
loan vs the association's annual income
Cash bufferaverage
cash next to the loan, 3-year average
Managementaverage
reports filed on time

Building

Built
1992
Storeys
3
Construction
reinforced concrete
Flats
11
Lift
no
Heating
stove, ground source
Renovated
yes

Works on the building

Energy class has improved: E (2019) → C (2020)

per the building register

Energy class
  • A
  • B
  • CC2020
  • D
  • EEvalid until 22.11.2035
  • F
  • G
  • H

Building page: Staadioni tn 2 →

Long-term liabilities
€340,595
as of 31.12.2025
Liabilities per m²
€458
similar buildings with a renovation loan €152
Cash
€35,576
€48/m² · similar €11/m²
Income per m² a month
€2.06
similar buildings €1.13

Compared with similar buildings: Raasiku vald (41 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
19 €/m²201912 €/m²202027 €/m²2021482 €/m²new loan2022470 €/m²2023464 €/m²2024458 €/m²2025

Loan principal repayment is an estimated €0.54 per m² of flat space a month, about €27 a month for a 50 m² flat (interest not included) — about average for associations repaying a loan. The median is €0.52 in Estonia.

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€340,595€11,469€35,576€18,384€0
2024€345,377€10,844€32,173€24,219€0
2023€349,299€10,511€28,549€12,027€0
2022€358,554€2,862€16,987€15,353€0
2021€19,843€461€19,816€4,549€0
2020€9,253€690€7,476€26,606€0
2019€14,426€1,106€12,122€6,539€0

Compared with similar buildings (Raasiku vald; 41 associations), long-term liabilities per m² of flat space are higher than 98% of them. The median for buildings with a loan is €122/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
ATallinna mnt 24bAruküla alevik, Tallinna mnt 24a2007 · 18 flats€0€32,4032025
ATallinna mnt 32Aruküla alevik1989 · 30 flats€166,673€41,2962025
BSügise põik 4Aruküla alevik2021 · 17 flats€0€9,4912025
BSügise põik 3Aruküla alevik2020 · 17 flats€0€5,8512025
DStaadioni tn 5Aruküla alevik1981 · 18 flats€316,735€22,8462025
AStaadioni tn 11Aruküla alevik1987 · 18 flats€220,461€17,8822025
–Tallinna mnt 30Aruküla alevik, Põllu tn 1, Põllu tn 3, Staadioni tn 1, Staadioni tn 3, Staadioni tn 4, Staadioni tn 7, Staadioni tn 9, Tallinna mnt 26, Tallinna mnt 281974€2,283,650€313,8572025
ASügise põik 2Aruküla alevik2018 · 19 flats€6,230€7,0602025

Frequently asked questions

Does the association have a loan?

According to its 2025 report, the association has €340,595 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 €35,576.

When was the building built?

According to the building register, it was first used in 1992 and has 3 storeys.

Who is on the association's board?

According to the business register, the board members are Joosep Pärtel, Mari Möls, Risto Randma (board since 23.04.2018).

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.