Apartment association ·
Tartu linn, Rahinge küla, Ilmatsalu tee 37, Uue-Madi tee T1 apartment association
Tartu linn, Rahinge küla, Ilmatsalu tee 37, Uue-Madi tee T1 korteriühistu (registry code 80315189) manages a 2-storey brick building built in 1968 with 12 flats. According to its 2025 annual report, the association's long-term liabilities were €53,183 (€101 per m² of flat space) and it held €6,051 in cash. Long-term liabilities have fallen 35% since 2019.
Board
- LKLiilia Koppelboard member4 months
- SISvetlana Ivanovaboard member8 years 9 months
- 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
- Managementaverage
- reports filed on time
Building
- Built
- 1968
- Storeys
- 2
- Construction
- brick
- Flats
- 12
- Lift
- no
- Heating
- stove
- Renovated
- yes
Works on the building
per the building register
- AAvalid until 11.07.2029
- B
- C
- D
- E
- F
- G
- H
Building page: Ilmatsalu tee 37 →
Finances by year
Loan principal repayment is an estimated €0.76 per m² of flat space a month, about €38 a month for a 50 m² flat (interest not included) — more than 75% of associations repaying a loan. The median is €0.52 in Estonia. At the current pace the loan will be repaid around 2037.
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €53,183 | €11,344 | €6,051 | €11,273 | €0 |
| 2024 | €58,894 | €11,914 | €6,330 | €5,821 | €0 |
| 2023 | €63,832 | €9,364 | €4,345 | €2,836 | €0 |
| 2022 | €67,700 | €12,430 | €7,092 | €8,092 | €0 |
| 2021 | €72,385 | €9,773 | €4,626 | €2,682 | €0 |
| 2020 | €77,482 | €7,586 | €1,988 | €8,942 | €0 |
| 2019 | €82,429 | €11,003 | €5,129 | €7,552 | €0 |
Flats in this building
Over the last 12 months 1 flat has been for sale in this building, asking €2,375–€2,375 per m².
What is your flat worth?
An estimate for a flat at Tartu linn, Rahinge küla, Ilmatsalu tee 37, Uue-Madi tee T1 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| – | Ilmatsalu tee 39Rahinge küla1964 · 4 flats | no reports | ||
| A | Ilmatsalu tee 41Rahinge küla1977 · 12 flats | €40,302 | €8,451 | 2025 |
| – | Kulli tee 1Rahinge küla1975 · 5 flats | no reports | ||
| B | Ilmatsalu tee 47Rahinge küla1976 · 12 flats | €124,468 | €13,633 | 2025 |
| B | Ilmatsalu tee 49Rahinge küla1977 · 12 flats | €65,338 | €8,021 | 2025 |
| E | Kulli tee 3Rahinge küla1988 · 8 flats | €275,540 | €14,557 | 2025 |
Frequently asked questions
Does the association have a loan?
According to its 2025 report, the association has €53,183 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 €6,051.
When was the building built?
According to the building register, it was first used in 1968 and has 2 storeys.
Who is on the association's board?
According to the business register, the board members are Liilia Koppel, Svetlana Ivanova (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.