Apartment association · Rapla linn, Rapla vald

Välja tn 4 apartment association

Rapla vald, Rapla linn, Välja tn 4 korteriühistu (registry code 80322670) manages a 4-storey block building built in 1967 with 48 flats. According to its 2025 annual report, the association's long-term liabilities were €238,729 (€117 per m² of flat space) and it held €28,127 in cash. Long-term liabilities have fallen 25% since 2019.

Board

  • ARAivo Ringelboard member8 years 9 months
  • ALAndo Lavritsboard member3 years 8 months
  • JLJanek Laoväliboard member8 months
C
Association grade
C · average
Rapla vald: ranked 67 of 150 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
1967
Storeys
4
Construction
block
Flats
48
Lift
no
Heating
district heating
Energy class
  • A
  • B
  • C
  • D
  • E
  • FFvalid until 21.06.2025
  • G
  • H

Building page: Välja tn 4 →

Long-term liabilities
€238,729
as of 31.12.2025
Liabilities per m²
€117
similar buildings with a loan €69
Cash
€28,127
€14/m² · similar €19/m²
Income per m² a month
€1.02
similar buildings €0.99

Compared with similar buildings: Rapla vald, built 1962–1972 (31 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
156 €/m²2019143 €/m²2020139 €/m²2021135 €/m²2022129 €/m²2023123 €/m²2024117 €/m²2025

Loan principal repayment is an estimated €0.48 per m² of flat space a month, about €24 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 €0.56 in Rapla vald. At the current pace the loan will be repaid around 2046.

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€238,729€22,305€28,127€24,868-€7,387
2024€250,131€21,654€23,161€28,341-€7,291
2023€262,023€18,570€19,109€29,541-€7,283
2022€274,509€18,708€20,078€18,496-€6,605
2021€282,249€20,427€13,533€18,413-€5,251
2020€291,916€19,091€5,133€34,698-€5,563
2019€316,743€17,930€9,888€47,663-€5,132

Compared with similar buildings (Rapla vald, built 1962–1972; 31 associations), long-term liabilities per m² of flat space are higher than 74% of them. The median for buildings with a loan is €69/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
CTallinna mnt 43Rapla linn1968 · 48 flats€317,556€38,2672025
BVälja tn 6Rapla linn1965 · 46 flats€231,439€18,1342025
BTallinna mnt 43aRapla linn1968 · 27 flats€26,842€18,9292025
BVälja tn 8Rapla linn1967 · 32 flats€672,664€75,7942025
CMahlamäe tn 3Rapla linn1969 · 48 flats€57,100€40,5912025
BMahlamäe tn 5Rapla linn1965 · 48 flats€90,170€36,3562025
–Tammemäe tn 3Rapla linn1923 · 3 flatsno reports
AMahlamäe tn 7Rapla linn2022 · 30 flats€0€7,8252025

Frequently asked questions

Does the association have a loan?

According to its 2025 report, the association has €238,729 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 €28,127.

When was the building built?

According to the building register, it was first used in 1967 and has 4 storeys.

Who is on the association's board?

According to the business register, the board members are Aivo Ringel, Ando Lavrits, Janek Laoväli (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.