Apartment association · Harku alevik, Harku vald

Uus tn 1 apartment association

Harku vald, Harku alevik, Uus tn 1 korteriühistu (registry code 80092890) manages a 2-storey brick building built in 1966 with 8 flats. According to its 2025 annual report, the association's long-term liabilities were €63,065 (€187 per m² of flat space) and it held €1,924 in cash. In 2025 long-term liabilities rose from €38,026 to €63,065 — usually a sign of a renovation.

Board

  • TTTõnis Tõnisteboard member8 years 9 months
C
Association grade
C · average
Harku vald: ranked 100 of 123 graded associations.
House conditionaverage
age, energy class and works done
Loan affordabilityaverage
loan vs the association's annual income
Cash buffergood
cash next to the loan, 3-year average
Managementgood
reports filed on time

Building

Built
1966
Storeys
2
Construction
brick
Flats
8
Lift
no
Heating
stove

Building page: Uus tn 1 →

Long-term liabilities
€63,065
as of 31.12.2025
Liabilities per m²
€187
similar buildings with a loan €115
Cash
€1,924
€6/m² · similar €19/m²
Income per m² a month
€1.38
similar buildings €1.57

Compared with similar buildings: Harku vald, built 1961–1971 (18 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
172 €/m²2019161 €/m²2020150 €/m²2021138 €/m²2022126 €/m²2023113 €/m²2024187 €/m²new loan2025

Loan principal repayment is an estimated €1.03 per m² of flat space a month, about €52 a month for a 50 m² flat (interest not included) — more than 87% of associations repaying a loan. The median is €0.52 in Estonia and €0.53 in Harku vald. At the current pace the loan will be repaid around 2041.

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€63,065€3,509€1,924€5,571—
2024€38,026€6,558€5,114€2,333—
2023€42,321€5,821€5,166€2,662—
2022€46,462€5,342€5,238€2,318—
2021€50,463€5,179€4,062€2,346—
2020€54,324€5,042€2,365€2,269—
2019€58,053€4,939€1,462€2,495—

Compared with similar buildings (Harku vald, built 1961–1971; 18 associations), long-term liabilities per m² of flat space are higher than 89% of them. The median for buildings with a loan is €115/m².

Flats in this building

Over the last 12 months 2 flats have been for sale in this building, asking €2,358–€2,384 per m².

Estate agents who have offered flats in this building

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

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
CUus tn 3Harku alevik1972 · 12 flats€16,077€8,5112025
–Rukkilille tn 3Harku alevik2008 · 5 flatsno reports
CUus tn 5Harku alevik1975 · 11 flats€85,974€17,6702025
CInstituudi tee 18Harku alevik1982 · 24 flats€65,659€4,6372025
BInstituudi tee 16Harku alevik1965 · 24 flats€121,341€13,3962025
BInstituudi tee 9Harku alevik2018 · 17 flats€0€16,8632025
CInstituudi tee 7Harku alevik2018 · 17 flats€0€8,0242025
–Klubi tn 4Harku alevik1917 · 5 flatsno reports

Frequently asked questions

Does the association have a loan?

According to its 2025 report, the association has €63,065 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 €1,924.

When was the building built?

According to the building register, it was first used in 1966 and has 2 storeys.

Who is on the association's board?

According to the business register, the board members are Tõnis Tõniste (board since 30.12.2017).

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.