Apartment association · Pärnu-Jaagupi alev, Ülase tn 21, Põhja-Pärnumaa vald

Ülase tn 21a apartment association

Põhja-Pärnumaa vald, Pärnu-Jaagupi alev, Ülase tn 21, Ülase tn 21a korteriühistu (registry code 80034823) manages a 3-storey panel building built in 1999 with 12 flats. According to its 2025 annual report, the association's long-term liabilities were €24,886 (€35 per m² of flat space) and it held €8,655 in cash. Long-term liabilities have fallen 33% since 2019.

Board

  • RTRein Tiitsboard member4 months
  • TMTiiu Muhuboard member4 months
  • USUrve Salumaaboard member4 years 9 months
B
Association grade
B · good
Põhja-Pärnumaa vald: ranked 19 of 129 graded associations.
House conditionaverage
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

Building

Built
1999
Storeys
3
Construction
panel
Flats
12
Lift
no
Heating
stove

Building page: Ülase tn 21 →

Long-term liabilities
€24,886
as of 31.12.2025
Liabilities per m²
€35
similar buildings with a loan €32
Cash
€8,655
€12/m² · similar €13/m²
Income per m² a month
€0.63
similar buildings €0.73

Compared with similar buildings: Põhja-Pärnumaa vald (129 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
53 €/m²201950 €/m²202047 €/m²202144 €/m²202242 €/m²202339 €/m²202435 €/m²2025

Loan principal repayment is an estimated €0.25 per m² of flat space a month, about €13 a month for a 50 m² flat (interest not included) — less than 82% of 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 2037.

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€24,886€15,086€8,655€5,329€0
2024€27,198€12,306€6,554€9,752€0
2023€29,324€11,056€8,325€7,249€0
2022€30,823€7,253€2,618€14,701€167
2021€32,918€9,503€3,199€11,800€236
2020€35,073€3,135€1,973€8,899€400
2019€37,169€3,078€1,553€9,257€400

Compared with similar buildings (Põhja-Pärnumaa vald; 129 associations), long-term liabilities per m² of flat space are higher than 82% of them. The median for buildings with a loan is €32/m².

Flats in this building

No flat in this building has been for sale or rent in the last 12 months.

What is your flat worth?

An estimate for a flat at Ülase tn 21a from similar homes — free and instant.

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
ESoo tn 4Pärnu-Jaagupi alev1973 · 12 flats€10,669€9,8972025
DUus tn 41Pärnu-Jaagupi alev1967 · 11 flats€0€4,8712025
–Uus tn 37Pärnu-Jaagupi alev1980 · 8 flatsno reports
CÜlase tn 17Pärnu-Jaagupi alev1989 · 18 flats€188,886€11,6882025
ASoo tn 8Pärnu-Jaagupi alev1978 · 12 flats€0€11,5112025
CUus tn 43Pärnu-Jaagupi alev1966 · 12 flats€0€16,2152025
DSoo tn 6Pärnu-Jaagupi alev1975 · 12 flats€0€8,2872025
–Uus tn 45Pärnu-Jaagupi alev1965 · 7 flats€0€2,6322023

Frequently asked questions

Does the association have a loan?

According to its 2025 report, the association has €24,886 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 €8,655.

When was the building built?

According to the building register, it was first used in 1999 and has 3 storeys.

Who is on the association's board?

According to the business register, the board members are Rein Tiits, Tiiu Muhu, Urve Salumaa (board since 23.12.2021).

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.