Apartment association · Nõgiaru küla, Nõo vald
Tartu tn 2 apartment association
Nõo vald, Nõgiaru küla, Tartu tn 2 korteriühistu (registry code 80432363) manages a 2-storey panel building built in 1974 with 12 flats. According to its 2025 annual report, the association's long-term liabilities were €6,445 (€13 per m² of flat space) and it held €810 in cash. Long-term liabilities have fallen 57% since 2020.
Board
- AKAnneli Kaupboard member1 year 2 monthsalso: Uus tn 12
- MAMartin Aruojaboard member1 month
- RNRemi Neerotboard member8 years 9 months
- House conditionweak
- 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
- Managementaverage
- reports filed on time
Building
- Built
- 1974
- Storeys
- 2
- Construction
- panel
- Flats
- 12
- Lift
- no
- Heating
- stove
Works on the building
Source: sale ads for flats in this building. These are sellers' and brokers' claims that we have not verified, and they may be inaccurate or incomplete. The association's board can confirm the facts.
- Facade
- Roof2025
- Pipes
- Heating
- Ventilation
- Windows
- Wiring
- Stairwell
- Balconies
- Basement
- Entrance doors
- „Majal tehtud katuse vahetus 2025 a.“ · ad of 1 flat
Compared with similar buildings: Nõo vald (24 associations).
Finances by year
Loan principal repayment is an estimated €6.03 per m² of flat space a month, about €302 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. At the current pace the loan will be repaid around 2026.
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €6,445 | €20,952 | €810 | €863 | €0 |
| 2024 | €43,112 | €251 | €38,428 | €605 | €0 |
| 2023 | €37,125 | €349 | €32,979 | €578 | €0 |
| 2022 | €31,503 | €439 | €28,881 | €245 | €0 |
| 2021 | €23,281 | €440 | €21,154 | €544 | €0 |
| 2020 | €15,044 | €379 | €13,043 | €468 | €0 |
Compared with similar buildings (Nõo vald; 24 associations), long-term liabilities per m² of flat space are higher than 54% of them. The median for buildings with a loan is €185/m².
Flats in this building
Over the last 12 months 1 flat has been for sale in this building, asking €813–€813 per m².
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| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| – | Tartu tn 4Nõgiaru küla1974 · 8 flats | €0 | €0 | 2019 |
| – | Nõo tn 4Nõgiaru küla1949 · 3 flats | no reports | ||
| – | Nõo tn 3Nõgiaru küla1974 · 4 flats | no reports | ||
| – | Tartu tn 6Nõgiaru küla1947 · 8 flats | no reports | ||
| – | Nõo tn 5Nõgiaru küla1938 · 4 flats | no reports | ||
| C | Nõo tn 7Nõgiaru küla1974 · 8 flats | €80,047 | €11,080 | 2025 |
| – | Nõo tn 9Nõgiaru küla1974 · 4 flats | no reports | ||
| – | Nõo tn 11Nõgiaru küla1939 · 4 flats | no reports | ||
Frequently asked questions
Does the association have a loan?
According to its 2025 report, the association has €6,445 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 €810.
When was the building built?
According to the building register, it was first used in 1974 and has 2 storeys.
Who is on the association's board?
According to the business register, the board members are Anneli Kaup, Martin Aruoja, Remi Neerot (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, 2020–2025). Building: building register. Flats on offer: Leiamaakler.ee data from the property portals.