Apartment association · Saku alevik, Saku vald

Ülase tn 1 apartment association

Saku vald, Saku alevik, Ülase tn 1 korteriühistu (registry code 80287079) manages a 2-storey reinforced-concrete building built in 1983 with 12 flats. According to its 2025 annual report, the association's long-term liabilities were €24,165 (€36 per m² of flat space) and it held €25,778 in cash.

Board

  • EAEda Arumaaboard member3 years 3 months
  • LVLilian Vaikmaaboard member8 years 9 months
  • RKRauno Kängänenboard member8 years 9 months
B
Association grade
B · good
Saku vald: ranked 29 of 102 graded associations.
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
1983
Storeys
2
Construction
reinforced concrete
Flats
12
Heating
district heating
Energy class
  • A
  • B
  • CC
  • D
  • E
  • F
  • G
  • H

Building page: Ülase tn 1 →

Long-term liabilities
€24,165
as of 31.12.2025
Liabilities per m²
€36
similar buildings with a loan €69
Cash
€25,778
€38/m² · similar €30/m²
Income per m² a month
€0.60
similar buildings €0.64

Compared with similar buildings: Saku vald, built 1978–1988 (32 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
27 €/m²201920 €/m²202021 €/m²202123 €/m²202228 €/m²202334 €/m²202436 €/m²2025
similar buildings with a smaller loan (median)
YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€24,165€2,270€25,778€4,912€0
2024€23,198€2,189€25,255€1,918€0
2023€19,136€2,069€20,579€2,167€0
2022€15,324€2,231€18,021€5,008€0
2021€14,296€4,797€15,061€2,346€0
2020€13,552€8,296€11,443€3,890€0
2019€18,211€7,993€10,906€3,428€0

Compared with similar buildings (Saku vald, built 1978–1988; 32 associations), long-term liabilities per m² of flat space are higher than 72% of them. The median for buildings with a loan is €69/m².

Flats in this building

1 flat was offered for rent at €550 a month.

What is your flat worth?

An estimate for a flat at Ülase tn 1 from similar homes — free and instant.

Value your flat

Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
CÜlase tn 8Saku alevik1983 · 12 flats€0€25,2812025
DÜlase tn 6Saku alevik1977 · 12 flats€5,070€6,4132025
DÜlase tn 10Saku alevik2012 · 12 flats€30,335€10,4032025
ATallinna mnt 21Saku alevik1979 · 30 flats€0€67,7472025
BTallinna mnt 19Saku alevik1973 · 36 flats€15,090€58,6292025
CKannikese tn 16Saku alevik1985 · 30 flats€244,336€14,8722025
CTallinna mnt 17Saku alevik1963 · 24 flats€147,795€11,9292025
AKannikese tn 14Saku alevik1986 · 30 flats€2,206€13,9212025

Frequently asked questions

Does the association have a loan?

According to its 2025 report, the association has €24,165 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 €25,778.

When was the building built?

According to the building register, it was first used in 1983 and has 2 storeys.

Who is on the association's board?

According to the business register, the board members are Eda Arumaa, Lilian Vaikmaa, Rauno Kängänen (board since 05.01.2018).

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.