Apartment association · Loo alevik, Jõelähtme vald
Toome tee 4 apartment association
Jõelähtme vald, Loo alevik, Toome tee 4 korteriühistu (registry code 80390618) manages a 3-storey brick building built in 1961 with 18 flats. According to its 2025 annual report, the association's long-term liabilities were €92,303 (€130 per m² of flat space) and it held €6,029 in cash. Long-term liabilities have fallen 45% since 2019.
Board
- MLMonika Lestmanboard member8 years 9 months
- TTTarmo Tiitusboard member8 years 9 months
- House conditionaverage
- 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
- Managementgood
- reports filed on time
Building
- Built
- 1961
- Storeys
- 3
- Construction
- brick
- Flats
- 18
- Lift
- no
- Heating
- district heating
- A
- B
- C
- DDvalid until 20.02.2029
- E
- F
- G
- H
Compared with similar buildings: Jõelähtme vald (53 associations).
Finances by year
Loan principal repayment is an estimated €1.42 per m² of flat space a month, about €71 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 2033.
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €92,303 | €10,693 | €6,029 | €12,209 | €0 |
| 2024 | €90,150 | €20,730 | €5,803 | €10,521 | €0 |
| 2023 | €103,066 | €19,227 | €6,570 | €10,966 | — |
| 2022 | €113,818 | €19,893 | €5,651 | €24,719 | — |
| 2021 | €125,948 | €34,747 | €19,246 | €9,026 | — |
| 2020 | €155,190 | €13,522 | €17,078 | €10,008 | — |
| 2019 | €166,783 | €14,400 | €18,287 | €8,618 | — |
Compared with similar buildings (Jõelähtme vald; 53 associations), long-term liabilities per m² of flat space are higher than 83% of them. The median for buildings with a loan is €77/m².
Flats in this building
2 flats were offered for rent at €330–€485 a month.
What is your flat worth?
An estimate for a flat at Toome tee 4 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| A | Loopargi tee 3Loo alevik1983 · 60 flats | €834,857 | €46,698 | 2025 |
| A | Toome tee 3Loo alevik1964 · 48 flats | €38,896 | €29,327 | 2025 |
| A | Toome tee 1Loo alevik1964 · 24 flats | €80,342 | €10,556 | 2025 |
| A | Loopargi tee 2Loo alevik1958 · 23 flats | €188,714 | €10,556 | 2025 |
| C | Toome tee 6Loo alevik1969 · 60 flats | €479,043 | €375 | 2025 |
| D | Loopargi tee 4Loo alevik1959 · 14 flats | €0 | €19,010 | 2025 |
| – | Saha tee 8Loo alevik2026 · 69 flats | no reports | ||
| A | Toome tee 5Loo alevik1967 · 60 flats | €772,577 | €76,823 | 2025 |
Frequently asked questions
Does the association have a loan?
According to its 2025 report, the association has €92,303 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 €6,029.
When was the building built?
According to the building register, it was first used in 1961 and has 3 storeys.
Who is on the association's board?
According to the business register, the board members are Monika Lestman, Tarmo Tiitus (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, 2019–2025). Building: building register. Flats on offer: Leiamaakler.ee data from the property portals.