Apartment association · Tapa linn, Tapa vald

Turu tn 14 apartment association

Tapa vald, Tapa linn, Turu tn 14 korteriühistu (registry code 80076595) manages a 5-storey panel building built in 1984 with 60 flats. According to its 2025 annual report, the association's long-term liabilities were €12,108 (€4 per m² of flat space) and it held €21,961 in cash. Long-term liabilities have fallen 58% since 2019.

Board

A
Association grade
A · very good
Tapa vald: ranked 14 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
1984
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
The ads say
  • „Maja on renoveeritud ja energiatõhususarvu klass on E.“ · ad of 1 flat
  • „Maja renoveerimine on tulevikus planeeritud“ · ad of 1 flat
Energy class
  • A
  • B
  • C
  • D
  • EEvalid until 05.04.2030
  • F
  • G
  • H

Building page: Turu tn 14 →

Long-term liabilities
€12,108
as of 31.12.2025
Liabilities per m²
€4
similar buildings with a loan €66
Cash
€21,961
€8/m² · similar €24/m²
Income per m² a month
€1.07
similar buildings €0.70

Compared with similar buildings: Tapa vald, built 1979–1989, panel (25 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
10 €/m²201913 €/m²20209 €/m²202110 €/m²20223 €/m²20233 €/m²20244 €/m²2025

Loan principal repayment is an estimated €0.29 per m² of flat space a month, about €14 a month for a 50 m² flat (interest not included) — less than 78% 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 2027.

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€12,108€9,578€21,961€36,408€7,958
2024€7,806€9,580€13,190€48,938€8,181
2023€8,696€11,020€10,745€60,663€8,089
2022€27,263€10,589€29,359€33,778€7,757
2021€24,852€9,410€28,973€42,247€6,292
2020€37,250€7,013€42,787€21,189€6,467
2019€28,697€8,457€36,840€12,764€6,581

Compared with similar buildings (Tapa vald, built 1979–1989, panel; 25 associations), long-term liabilities per m² of flat space are higher than 64% of them. The median for buildings with a loan is €66/m².

Flats in this building

Over the last 12 months 4 flats have been for sale in this building, asking €631–€1,411 per m². 2 flats were offered for rent at €290–€495 a month.

Estate agents who have offered flats in this building

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
A1. Mai pst 6Tapa linn1962 · 32 flats€142,041€14,8492025
ATuru tn 12aTapa linn1972 · 60 flats€275,638€64,7582025
ATuru tn 3Tapa linn1973 · 49 flats€355,789€29,5052025
APikk tn 8Tapa linn1959 · 18 flats€123,889€8,2362025
AKooli tn 9Tapa linn1984 · 60 flats€939,087€207,2542025
APikk tn 13Tapa linn1962 · 18 flats€182,573€6,9962025
–Pikk tn 6aTapa linn1959 · 6 flats€0€13,5502020
DPikk tn 12Tapa linn1968 · 36 flats€0€48,2822025

Frequently asked questions

Does the association have a loan?

According to its 2025 report, the association has €12,108 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 €21,961.

When was the building built?

According to the building register, it was first used in 1984 and has 5 storeys.

Who is on the association's board?

According to the business register, the board members are Aleksei Zamošnikov, Katrin Kuusik, Leonid Porošin, Urmas Põldma (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.