Apartment association · Tartu linn
Tähtvere tn 38 // 40 apartment association
Tartu linn, Tähtvere tn 38 // 40 korteriühistu (registry code 80396064) manages a 3-storey brick building built in 1895 with 3 flats. According to its 2024 annual report, the association's long-term liabilities were €0 and it held €10,323 in cash. The report shows no long-term liabilities.
Board
- EEEndel Ermelboard member8 years 9 months
- SKSirle Kibenaboard member8 years 9 months
- TSTuul Seppboard member8 years 9 months
- House conditiongood
- age, energy class and works done
- Loan affordabilitygood
- loan vs the association's annual income
- Cash buffergood
- cash per m², 3-year average
- Managementweak
- reports filed on time
Building
- Built
- 1895
- Storeys
- 3
- Construction
- brick
- Flats
- 3
- Heating
- stove
The association's buildings (4)
Tähtvere tn 383 flats, Tähtvere tn 40, Tähtvere tn 40, Tähtvere tn 404 flats
Compared with similar buildings: Tartu linn (1460 associations).
Finances by year
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2024 | €0 | €9,805 | €10,323 | €2,264 | €0 |
| 2023 | €0 | €10,660 | €9,406 | €1,022 | €0 |
| 2022 | €0 | €9,029 | €7,495 | €1,022 | €0 |
| 2021 | €0 | €2,668 | €6,568 | €2,045 | €0 |
| 2020 | €0 | €1,246 | €6,239 | €2,049 | €0 |
| 2019 | €0 | €1,084 | €4,753 | €2,046 | — |
Of similar buildings (Tartu linn; 1460 associations), 40% have long-term liabilities; this association has none.
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 Tähtvere tn 38 // 40 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| – | Laulupeo pst 31977 · 3 flats | no reports | ||
| E | Jakobi tn 431977 · 15 flats | €0 | €3,142 | 2025 |
| C | Laulupeo pst 11977 · 4 flats | €0 | €16,356 | 2025 |
| – | Tähtvere tn 18b2017 · 5 flats | no reports | ||
| – | Tähtvere tn 18a1977 · 3 flats | no reports | ||
| – | Tähtvere tn 16 // 181977 · 7 flats | €0 | €3,584 | 2025 |
| C | Tähtvere tn 3b // 3c2006 · 10 flats | €0 | €16,846 | 2025 |
| C | Jakobi tn 351977 · 8 flats | €1,450 | €20,384 | 2025 |
Frequently asked questions
Does the association have a loan?
The 2024 report shows no long-term liabilities.
How much cash does the association have?
At the end of 2024 the association held €10,323.
When was the building built?
According to the building register, it was first used in 1895 and has 3 storeys.
Who is on the association's board?
According to the business register, the board members are Endel Ermel, Sirle Kibena, Tuul Sepp (board since 08.01.2018).
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, 2019–2024). Building: building register. Flats on offer: Leiamaakler.ee data from the property portals.