Apartment association · Tartu linn
Tulbi tn 2a apartment association
Tartu linn, Tulbi tn 2a korteriühistu (registry code 80431046) manages a 4-storey reinforced-concrete building built in 2006 with 22 flats. According to its 2025 annual report, the association's long-term liabilities were €108,380 (€76 per m² of flat space) and it held €17,484 in cash. In 2025 long-term liabilities rose from €0 to €108,380 — usually a sign of a renovation.
Board
- HMHeiki Markboard member5 years
- JKJulia Koskarboard member1 year 6 months
- UJUrmo-Villu Jõuduboard member8 years 9 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
- 2006
- Storeys
- 4
- Construction
- reinforced concrete
- Flats
- 22
- Heating
- district heating
Compared with similar buildings: Tartu linn, built 2001–2011, reinforced concrete (31 associations).
Finances by year
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €108,380 | €30,526 | €17,484 | €134,414 | — |
| 2024 | €0 | €11,811 | €6,979 | €16,451 | — |
| 2023 | €0 | €8,045 | €5,805 | €22,223 | — |
| 2022 | €0 | €13,269 | €9,885 | €13,700 | — |
| 2021 | €0 | €11,620 | €10,053 | €28,125 | — |
| 2020 | €20,316 | €3,793 | €22,894 | €10,736 | — |
| 2019 | €17,627 | €2,969 | €19,896 | €12,719 | — |
Compared with similar buildings (Tartu linn, built 2001–2011, reinforced concrete; 31 associations), long-term liabilities per m² of flat space are higher than 94% of them. The median for buildings with a loan is €27/m².
Flats in this building
No flat in this building has been for sale or rent in the last 12 months.
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Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| A | Veeriku tn 14a2007 · 15 flats | €28,907 | €29,066 | 2025 |
| C | Veeriku tn 141989 · 16 flats | €7,621 | €19,646 | 2025 |
| B | Veeriku tn 161935 · 12 flats | €0 | €16,401 | 2025 |
| C | Nisu tn 2 // 2a1963 · 21 flats | €45,276 | €25,430 | 2025 |
| A | Tulbi tn 2f // 2g2007 · 14 flats | €73,305 | €10,245 | 2025 |
| C | Tulbi tn 2c1956 · 28 flats | €0 | €24,571 | 2025 |
| A | Veeriku tn 12b // 12c2006 · 20 flats | €24,371 | €41,113 | 2025 |
| B | Tulbi tn 2e // Veeriku tn 12d2006 · 24 flats | €35,714 | €12,142 | 2024 |
Frequently asked questions
Does the association have a loan?
According to its 2025 report, the association has €108,380 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 €17,484.
When was the building built?
According to the building register, it was first used in 2006 and has 4 storeys.
Who is on the association's board?
According to the business register, the board members are Heiki Mark, Julia Koskar, Urmo-Villu Jõudu (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.