Apartment association · Pärnu-Jaagupi alev, Põhja-Pärnumaa vald

Ülase tn 15 apartment association

Põhja-Pärnumaa vald, Pärnu-Jaagupi alev, Ülase tn 15 korteriühistu (registry code 80034125) manages a 2-storey panel building built in 1982 with 12 flats. According to its 2025 annual report, the association's long-term liabilities were €80,942 (€118 per m² of flat space) and it held €3,930 in cash. In 2022 long-term liabilities rose from €0 to €96,848 — usually a sign of a renovation.

Board

  • HKHülle Kaasikboard member8 years 9 months
  • TMTõnis Mägiboard member8 years 9 months
  • TVTõnis Vaimannboard member4 years 6 months
E
Association grade
E · weak
Põhja-Pärnumaa vald: ranked 125 of 129 graded associations.
House conditionaverage
age, energy class and works done
Loan affordabilityweak
loan vs the association's annual income
Cash buffergood
cash next to the loan, 3-year average
Managementgood
reports filed on time

Building

Built
1982
Storeys
2
Construction
panel
Flats
12
Lift
no
Heating
stove

Building page: Ülase tn 15 →

Long-term liabilities
€80,942
as of 31.12.2025
Liabilities per m²
€118
similar buildings with a renovation loan €99
Cash
€3,930
€6/m² · similar €17/m²
Income per m² a month
€0.40
similar buildings €0.52

Compared with similar buildings: Põhja-Pärnumaa vald, built 1977–1987 (41 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
0 €/m²20190 €/m²20200 €/m²2021141 €/m²new loan2022135 €/m²2023128 €/m²2024118 €/m²2025

Loan principal repayment is an estimated €0.60 per m² of flat space a month, about €30 a month for a 50 m² flat (interest not included) — about average for associations repaying a loan. The median is €0.52 in Estonia and €0.44 in Põhja-Pärnumaa vald. At the current pace the loan will be repaid around 2042.

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€80,942€9,513€3,930€3,279€0
2024€87,889€8,301€3,681€3,003€123
2023€92,787€6,785€2,582€2,994€400
2022€96,848€6,233€2,042€6,870€400
2021€0€12,832€14,671€2,393€400
2020€0€8,891€10,886€2,344€400
2019€0€4,915€7,479€2,214€400

Compared with similar buildings (Põhja-Pärnumaa vald, built 1977–1987; 41 associations), long-term liabilities per m² of flat space are higher than 88% of them. The median for buildings with a loan is €60/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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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
CÜlase tn 17Pärnu-Jaagupi alev1989 · 18 flats€188,886€11,6882025
DÜlase tn 9Pärnu-Jaagupi alev1987 · 18 flats€0€25,1002025
–Pärnu mnt 27Pärnu-Jaagupi alev1964 · 2 flatsno reports
–Uus tn 37Pärnu-Jaagupi alev1980 · 8 flatsno reports
BÜlase tn 21aPärnu-Jaagupi alev, Ülase tn 211999 · 12 flats€24,886€8,6552025
EPärnu mnt 7Pärnu-Jaagupi alev1950 · 8 flats€0€2,4172025
–Kelluka tn 3Pärnu-Jaagupi alev1989€0€4272025
ESoo tn 4Pärnu-Jaagupi alev1973 · 12 flats€10,669€9,8972025

Frequently asked questions

Does the association have a loan?

According to its 2025 report, the association has €80,942 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 €3,930.

When was the building built?

According to the building register, it was first used in 1982 and has 2 storeys.

Who is on the association's board?

According to the business register, the board members are Hülle Kaasik, Tõnis Mägi, Tõnis Vaimann (board since 06.01.2018).

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.