Apartment association · Kurtna küla, Saku vald
Tiigi tn 12 apartment association
Saku vald, Kurtna küla, Tiigi tn 12 korteriühistu (registry code 80401150) manages a 2-storey brick building built in 1967 with 8 flats. According to its 2025 annual report, the association's long-term liabilities were €51,643 (€149 per m² of flat space) and it held €6,323 in cash. In 2024 long-term liabilities rose from €0 to €57,368 — usually a sign of a renovation.
Board
- MTMaarika Tikmanboard member2 years 4 months
- MLMerilin Laasboard member3 years 4 months
- House conditiongood
- 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
- 1967
- Storeys
- 2
- Construction
- brick
- Flats
- 8
- Lift
- no
- Heating
- district heating
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
- Roof
- Pipes
- Heating
- Ventilation
- Windows
- Wiring
- Stairwell
- Balconies
- Basement
- Entrance doors
- „katus vahetatud“ · ads of 3 flats
- „vee- ja kanalisatsioonitorustik vahetatud“ · ads of 3 flats
- „kogu küttesüsteem vahetatud“ · ads of 3 flats
- „aknad vahetatud“ · ads of 2 flats
- „elektrijuhtmestik vahetatud“ · ads of 2 flats
- „trepikojad korrastatud“ · ads of 2 flats
- A
- B
- C
- D
- EEvalid until 05.12.2026
- F
- G
- H
Compared with similar buildings: Saku vald, built 1962–1972, brick (16 associations).
Finances by year
Loan principal repayment is an estimated €1.38 per m² of flat space a month, about €69 a month for a 50 m² flat (interest not included) — more than 94% of associations repaying a loan. The median is €0.52 in Estonia. At the current pace the loan will be repaid around 2035.
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €51,643 | €15,487 | €6,323 | €5,414 | €0 |
| 2024 | €57,368 | €15,900 | €6,322 | €19,706 | €0 |
| 2023 | €0 | €18,491 | €16,686 | €4,658 | €0 |
| 2022 | €0 | €16,477 | €14,625 | €6,380 | €0 |
| 2021 | €0 | €16,742 | €15,494 | €1,523 | €0 |
| 2020 | €0 | €12,778 | €11,544 | €8,977 | €0 |
| 2019 | €0 | €16,352 | €15,273 | €1,344 | €0 |
Compared with similar buildings (Saku vald, built 1962–1972, brick; 16 associations), long-term liabilities per m² of flat space are higher than 88% of them. The median for buildings with a loan is €70/m².
Flats in this building
Over the last 12 months 2 flats have been for sale in this building, asking €1,702–€1,816 per m². 1 flat was offered for rent at €350 a month.
Estate agents who have offered flats in this building
- Jorma LiivalaidRuutmeetrid Kinnisvara OÜ2 flats
- Aira PiibelehtArvin Varad OÜ1 flat
What is your flat worth?
An estimate for a flat at Tiigi tn 12 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| – | Tiigi tn 10Kurtna küla1962 · 3 flats | no reports | ||
| E | Kalda tn 2Kurtna küla1982 · 6 flats | €43,026 | €2,478 | 2025 |
| E | Tiigi tn 14Kurtna küla1980 · 18 flats | €149,182 | €9,549 | 2025 |
| E | Kurtna tee 40Kurtna küla1965 · 8 flats | €0 | €16,535 | 2024 |
| C | Kurtna tee 38Kurtna küla1960 · 4 flats | €0 | €8,633 | 2025 |
| D | Kurtna tee 44Kurtna küla1976 · 12 flats | €0 | €19,542 | 2025 |
| C | Kurtna tee 42Kurtna küla1971 · 8 flats | €0 | €8,910 | 2025 |
| C | Kurtna tee 46Kurtna küla1984 · 18 flats | €80,950 | €24,610 | 2025 |
Frequently asked questions
Does the association have a loan?
According to its 2025 report, the association has €51,643 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 €6,323.
When was the building built?
According to the building register, it was first used in 1967 and has 2 storeys.
Who is on the association's board?
According to the business register, the board members are Maarika Tikman, Merilin Laas (board since 06.06.2023).
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.