Apartment association · Valga linn, Valga vald
Tähe tn 11 apartment association
Valga vald, Valga linn, Tähe tn 11 korteriühistu (registry code 80068673) manages a 5-storey panel building built in 1986 with 45 flats. According to its 2025 annual report, the association's long-term liabilities were €80,129 (€33 per m² of flat space) and it held €82,803 in cash. In 2025 long-term liabilities rose from €49,711 to €80,129 — usually a sign of a renovation.
Board
- JRJelena Reinbachboard member1 year 3 months
- OBOlga Balashovaboard member1 year 3 months
- VSVladimir Sigarjovboard member1 year 3 months
- House conditionaverage
- 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
- 1986
- Storeys
- 5
- Construction
- panel
- Flats
- 45
- Lift
- no
- Heating
- district heating
- A
- B
- C
- D
- EEvalid until 22.04.2028
- F
- G
- H
Compared with similar buildings: Valga vald, built 1981–1991, panel (20 associations).
Finances by year
Loan principal repayment is an estimated €0.23 per m² of flat space a month, about €12 a month for a 50 m² flat (interest not included) — less than 84% of associations repaying a loan. The median is €0.52 in Estonia and €0.35 in Valga vald. At the current pace the loan will be repaid around 2037.
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €80,129 | €7,688 | €82,803 | €10,657 | €4,346 |
| 2024 | €49,711 | €181 | €55,228 | €15,922 | €5,735 |
| 2023 | €39,958 | €0 | €45,109 | €15,385 | €5,920 |
| 2022 | €46,603 | €39 | €52,466 | €11,789 | €4,736 |
| 2021 | €43,524 | €0 | €48,989 | €7,724 | €4,055 |
| 2020 | €36,380 | €0 | €41,158 | €7,593 | €4,342 |
| 2019 | €28,472 | €0 | €31,735 | €5,936 | €4,113 |
Compared with similar buildings (Valga vald, built 1981–1991, panel; 20 associations), long-term liabilities per m² of flat space are higher than 90% of them. The median for buildings with a loan is €26/m².
Flats in this building
Over the last 12 months 2 flats have been for sale in this building, asking €361–€361 per m².
Estate agents in Valga · Flat prices in Valga
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An estimate for a flat at Tähe tn 11 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| – | Tähe tn 9Valga linn1949 · 7 flats | €0 | €1,997 | 2023 |
| C | Tähe tn 13Valga linn1988 · 30 flats | €521 | €17,159 | 2025 |
| E | Tähe tn 10Valga linn1993 · 8 flats | €0 | €7,712 | 2024 |
| C | J. Kuperjanovi tn 7Valga linn1985 · 60 flats | €0 | €16,149 | 2025 |
| C | E. Enno tn 25Valga linn1983 · 24 flats | €0 | €21,414 | 2025 |
| C | Pärna pst 8Valga linn1981 · 24 flats | €0 | €14,183 | 2025 |
| E | Tähe tn 4Valga linn1949 · 45 flats | €9,127 | €26,368 | 2025 |
| B | Tähe tn 15Valga linn1999 · 30 flats | €9,755 | €6,558 | 2025 |
Frequently asked questions
Does the association have a loan?
According to its 2025 report, the association has €80,129 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 €82,803.
When was the building built?
According to the building register, it was first used in 1986 and has 5 storeys.
Who is on the association's board?
According to the business register, the board members are Jelena Reinbach, Olga Balashova, Vladimir Sigarjov (board since 14.07.2025).
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.