Apartment association · Tapa linn, Tapa vald

Turu tn 12a apartment association

Tapa vald, Tapa linn, Turu tn 12a korteriühistu (registry code 80061748) manages a 5-storey panel building built in 1972 with 60 flats. According to its 2025 annual report, the association's long-term liabilities were €275,638 (€102 per m² of flat space) and it held €64,758 in cash. Long-term liabilities have fallen 24% since 2019.

Board

A
Association grade
A · very good
Tapa vald: ranked 9 of 148 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
Managementgood
reports filed on time · professional manager

Building

Built
1972
Storeys
5
Construction
panel
Flats
60
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.

The building has been fully renovated
  • Facade
  • Roof
  • Pipes
  • Heating
  • Ventilation
  • Windows
  • Wiring
  • Stairwell
  • Balconies
  • Basement
  • Entrance doors
The ads say
  • „hoone on renoveeritud“ · ads of 2 flats
  • „maja välisseinad on soojustatud“ · ad of 1 flat
  • „paigaldatud on uus kütte- ja ventilatsioonisüsteem“ · ad of 1 flat
Energy class
  • A
  • B
  • CCvalid until 12.01.2032
  • D
  • E
  • F
  • G
  • H

Building page: Turu tn 12a →

Long-term liabilities
€275,638
as of 31.12.2025
Liabilities per m²
€102
similar buildings with a loan €111
Cash
€64,758
€24/m² · similar €30/m²
Income per m² a month
€1.33
similar buildings €1.06

Compared with similar buildings: Tapa vald, built 1967–1977, panel (18 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
135 €/m²2019129 €/m²2020123 €/m²2021119 €/m²2022114 €/m²2023109 €/m²2024102 €/m²2025

Loan principal repayment is an estimated €0.42 per m² of flat space a month, about €21 a month for a 50 m² flat (interest not included) — less than 61% of associations repaying a loan. The median is €0.52 in Estonia and €0.58 in Tapa vald. At the current pace the loan will be repaid around 2046.

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€275,638€78,065€64,758€43,001€9,996
2024€293,037€86,445€68,575€36,456€10,434
2023€307,879€75,588€59,415€31,484€10,093
2022€319,944€68,826€56,361€20,091€8,705
2021€332,572€64,209€51,380€21,347€7,997
2020€348,519€53,984€45,578€22,515€7,442
2019€364,004€45,870€40,952€551,445€7,170

Compared with similar buildings (Tapa vald, built 1967–1977, panel; 18 associations), long-term liabilities per m² of flat space are higher than 67% of them. The median for buildings with a loan is €111/m².

Flats in this building

Over the last 12 months 3 flats have been for sale in this building, asking €801–€1,000 per m².

Estate agents who have offered flats in this building

What is your flat worth?

An estimate for a flat at Turu tn 12a from similar homes — free and instant.

Value your flat

Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
ATuru tn 14Tapa linn1984 · 60 flats€12,108€21,9612025
ATuru tn 3Tapa linn1973 · 49 flats€355,789€29,5052025
AKooli tn 9Tapa linn1984 · 60 flats€939,087€207,2542025
A1. Mai pst 6Tapa linn1962 · 32 flats€142,041€14,8492025
APikk tn 8Tapa linn1959 · 18 flats€123,889€8,2362025
CKesk tn 3Tapa linn1956 · 10 flats€0€9,5512025
–Pikk tn 6aTapa linn1959 · 6 flats€0€13,5502020
APikk tn 13Tapa linn1962 · 18 flats€182,573€6,9962025

Frequently asked questions

Does the association have a loan?

According to its 2025 report, the association has €275,638 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 €64,758.

When was the building built?

According to the building register, it was first used in 1972 and has 5 storeys.

Who is on the association's board?

According to the business register, the board members are Andres Kokk, Indrek Jurtšenko, Tõnu Härm (board since 07.01.2018).

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.