Apartment association · Tartu linn

Tähe tn 24 // 26 apartment association

Tartu linn, Tähe tn 24 // 26 korteriühistu (registry code 80170058) manages a 2-storey wooden building built in 1977 with 2 flats. According to its 2025 annual report, the association's long-term liabilities were €12,023 (€141 per m² of flat space) and it held €7,560 in cash. Long-term liabilities have fallen 76% since 2019.

Board

  • ARArnold Ruttoboard member1 year 6 monthsalso: Majaka tn 22
  • HTHannes Teissboard member1 year 6 monthsalso: Riia mnt 32
  • MRMartin Raidboard member1 year 6 months
B
Association grade
B · good
Tartu linn: ranked 409 of 1,460 graded associations.
House conditionaverage
age, energy class and works done
Loan affordabilitygood
loan vs the association's annual income
Cash bufferaverage
cash next to the loan, 3-year average
Managementgood
reports filed on time

Building

Built
1977
Storeys
2
Construction
wood
Flats
2
Lift
no
Heating
stove

The association's buildings (2)

Tähe tn 242 flats, Tähe tn 2612 flats

Long-term liabilities
€12,023
as of 31.12.2025
Liabilities per m²
€141
similar buildings with a renovation loan €111
Cash
€7,560
€89/m² · similar €38/m²
Income per m² a month
€10.87
similar buildings €1.43

Compared with similar buildings: Tartu linn, built 1972–1982, wood (134 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
596 €/m²2019497 €/m²2020394 €/m²2021290 €/m²2022186 €/m²202371 €/m²2024141 €/m²2025
similar buildings with a renovation loan (median)

Loan principal repayment is an estimated €8.70 per m² of flat space a month, about €435 a month for a 50 m² flat (interest not included) — more than 100% 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 2027.

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€12,023€18,480€7,560€11,111€0
2024€6,027€17,835€7,356€11,434€0
2023€15,847€19,466€9,671€12,014€0
2022€24,679€16,397€10,298€17,718€0
2021€33,572€15,679€9,505€17,820€0
2020€42,307€16,143€10,424€15,919€0
2019€50,782€15,037€9,030€15,522€0

Compared with similar buildings (Tartu linn, built 1972–1982, wood; 134 associations), long-term liabilities per m² of flat space are higher than 88% of them. The median for buildings with a loan is €54/m².

Flats in this building

No flat in this building has been for sale or rent in the last 12 months.

What is your flat worth?

An estimate for a flat at Tähe tn 24 // 26 from similar homes — free and instant.

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
–Õnne tn 281977 · 2 flatsno reports
DÕnne tn 261977 · 12 flats€0€12,5092025
AÕnne tn 241977 · 12 flats€62,260€4,1872025
–Õnne tn 29 // 29a1921 · 4 flats€0€1842023
ETähe tn 491947 · 10 flats€64,946€10,3002025
DÕnne tn 331977 · 7 flats€9,034€15,7292025
EÕnne tn 201960 · 12 flats€33,180€16,7242025
DTähe tn 5010 flats€88,480€7,9752025

Frequently asked questions

Does the association have a loan?

According to its 2025 report, the association has €12,023 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 €7,560.

When was the building built?

According to the building register, it was first used in 1977 and has 2 storeys.

Who is on the association's board?

According to the business register, the board members are Arnold Rutto, Hannes Teiss, Martin Raid (board since 25.03.2025).

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.