Apartment association · Järveküla, Rae vald

Tohvre tee 2 apartment association

Rae vald, Järveküla, Tohvre tee 2 korteriühistu (registry code 80633363) manages a 2-storey block building with 4 flats. According to its 2025 annual report, the association's long-term liabilities were €1,423 (€3 per m² of flat space) and it held €1,903 in cash.

Board

  • ELErik Liepinšboard member2 years 5 months
  • ETEstel Tassoboard member2 years 5 months
  • LFLiisa Feštšinboard member2 years 5 months
A
Association grade
A · very good
Rae vald: ranked 21 of 216 graded associations.
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

Storeys
2
Construction
block
Flats
4
Lift
no
Heating
stove
Energy class
  • AA
  • B
  • C
  • D
  • E
  • F
  • G
  • H

Building page: Tohvre tee 2 →

Long-term liabilities
€1,423
as of 31.12.2025
Liabilities per m²
€3
similar buildings with a loan €19
Cash
€1,903
€4/m² · similar €11/m²
Income per m² a month
€2.12
similar buildings €0.95

Compared with similar buildings: Rae vald (216 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
1 €/m²20243 €/m²2025
similar buildings with a smaller loan (median)
YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€1,423€1,278€1,903€11,063€0
2024€391€1,407€838€9,665€0

Compared with similar buildings (Rae vald; 216 associations), long-term liabilities per m² of flat space are higher than 56% of them. The median for buildings with a loan is €39/m².

Flats in this building

2 flats were offered for rent at €1,990 a month.

Estate agents who have offered flats in this building

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
–Liiva tee 24Järveküla4 flatsno reports
–Liiva tee 26Järveküla5 flatsno reports
–Tohvre tee 1Järveküla5 flatsno reports
–Liiva tee 28Järveküla6 flatsno reports
–Liiva tee 22Järveküla6 flatsno reports
–Liiva tee 20Järveküla4 flatsno reports
–Liiva tee 30Järveküla5 flatsno reports
–Liiva tee 13Järveküla6 flatsno reports

Frequently asked questions

Does the association have a loan?

According to its 2025 report, the association has €1,423 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 €1,903.

Who is on the association's board?

According to the business register, the board members are Erik Liepinš, Estel Tasso, Liisa Feštšin (board since 29.04.2024).

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, 2024–2025). Building: building register. Flats on offer: Leiamaakler.ee data from the property portals.