Apartment association · Tartu linn
Vanemuise tn 51 // 53 apartment association
Tartu linn, Vanemuise tn 51 // 53 korteriühistu (registry code 80333974) manages a 2-storey log building built in 1977 with 8 flats. According to its 2024 annual report, the association's long-term liabilities were €26,204 (€94 per m² of flat space) and it held €1,319 in cash. Long-term liabilities have fallen 40% since 2019.
Board
- AKAtlan Karpboard member8 years 9 months
- PJPriit Jäägerboard member3 years 8 months
- House conditiongood
- 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
- Managementweak
- reports filed on time
Building
- Built
- 1977
- Storeys
- 2
- Construction
- log
- Flats
- 8
- Lift
- no
- Heating
- stove
Works on the building
Source: sale ads for flats in this building. These are sellers' and brokers' claims that we have not verified, and they may be inaccurate or incomplete. The association's board can confirm the facts.
- Facade2016
- Roofplanned
- Pipes
- Heating
- Ventilation
- Windows
- Wiring
- Stairwell2021
- Balconies
- Basement
- Entrance doors2016
- „2016. aastal on täielikult renoveeritud maja fassaad“ · ad of 1 flat
- „Majas on uus torustik“ · ad of 1 flat
- „Majas on uus torustik ja elektrisüsteem“ · ad of 1 flat
- „2021. a renoveeriti üldkoridor“ · ad of 1 flat
- „2016. aastal on täielikult renoveeritud maja fassaad (vihmaveetorud-rennid, vundament, uued valatud trepid, laudis, uksed, akende vihmaplekid, kõik puitdekoori osad).“ · ad of 1 flat
- „Sel kevadel alustati maja katuse vahetust, mis lõppeb juunis“ · ad of 1 flat
The association's buildings (2)
Vanemuise tn 518 flats, Vanemuise tn 535 flats
Compared with similar buildings: Tartu linn, built 1972–1982, log (71 associations).
Finances by year
Loan principal repayment is an estimated €1.04 per m² of flat space a month, about €52 a month for a 50 m² flat (interest not included) — more than 88% of associations repaying a loan. The median is €0.52 in Estonia and €0.66 in Tartu linn. At the current pace the loan will be repaid around 2032.
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2024 | €26,204 | €3,702 | €1,319 | €10,432 | €0 |
| 2023 | €29,702 | €3,683 | €3,655 | €10,232 | €0 |
| 2022 | €32,956 | €3,870 | €1,630 | €10,161 | €0 |
| 2021 | €36,628 | €3,816 | €5,213 | €9,443 | €0 |
| 2020 | €40,226 | €3,726 | €4,014 | €9,486 | €0 |
| 2019 | €44,038 | €3,413 | €6,129 | €9,478 | €0 |
Compared with similar buildings (Tartu linn, built 1972–1982, log; 71 associations), long-term liabilities per m² of flat space are higher than 72% of them. The median for buildings with a loan is €68/m².
Flats in this building
Over the last 12 months 2 flats have been for sale in this building, asking €3,286–€3,991 per m².
Estate agents in Vaksali · Flat prices in Vaksali
Estate agents who have offered flats in this building
- Els HurtArco Vara Kinnisvarabüroo OÜ1 flat
What is your flat worth?
An estimate for a flat at Vanemuise tn 51 // 53 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| C | Kastani tn 97 // 99 // 1011977 · 6 flats | €0 | €6,460 | 2025 |
| A | Vaksali tn 31970 · 55 flats | €178,155 | €44,980 | 2025 |
| – | Riia tn 311977 · 8 flats | €0 | €2,327 | 2022 |
| – | Kastani tn 105 | no reports | ||
| – | Kastani tn 1151977 · 6 flats | no reports | ||
| C | Kastani tn 1231977 · 1 flats | €0 | €19,183 | 2025 |
| – | Riia tn 30 // 30a1926 · 10 flats | no reports | ||
| D | Kastani tn 1251977 · 8 flats | €0 | €9,929 | 2025 |
Frequently asked questions
Does the association have a loan?
According to its 2024 report, the association has €26,204 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 2024 the association held €1,319.
When was the building built?
According to the building register, it was first used in 1977 and has 2 storeys.
Who is on the association's board?
According to the business register, the board members are Atlan Karp, Priit Jääger (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, 2019–2024). Building: building register. Flats on offer: Leiamaakler.ee data from the property portals.