Apartment association · Vaida alevik, Rae vald
Veesilma tn 3 apartment association
Rae vald, Vaida alevik, Veesilma tn 3 korteriühistu (registry code 80374571) manages a 2-storey brick building built in 1961 with 8 flats. According to its 2025 annual report, the association's long-term liabilities were €70,190 (€208 per m² of flat space) and it held €7,294 in cash. Long-term liabilities have fallen 26% since 2019.
Board
- MHMarje Hallemaaboard member4 months
- RVRivo Vaharboard member8 years 9 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
- Managementaverage
- reports filed on time
Building
- Built
- 1961
- Storeys
- 2
- Construction
- brick
- 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.
- Facade
- Roof
- Pipes
- Heating
- Ventilation
- Windows
- Wiring
- Stairwell
- Balconies
- Basement
- Entrance doors
- „soojustatud fassaad ja vundament“ · ad of 1 flat
- „hoones on tehtud olulised uuendused, sealhulgas vahetatud katus ja välisuksed“ · ad of 1 flat
- „uuendatud püstakud“ · ad of 1 flat
- „vahetatud koridori aknad ja elektrijuhtmestik“ · ad of 1 flat
- A
- B
- C
- D
- E
- F
- GGvalid until 13.09.2025
- H
Building page: Veesilma tn 3 →
Compared with similar buildings: Rae vald (216 associations).
Finances by year
Loan principal repayment is an estimated €0.86 per m² of flat space a month, about €43 a month for a 50 m² flat (interest not included) — more than 81% of associations repaying a loan. The median is €0.52 in Estonia and €0.45 in Rae vald. At the current pace the loan will be repaid around 2046.
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €70,190 | €10,109 | €7,294 | €8,934 | — |
| 2023 | €78,901 | €9,620 | €7,127 | €606 | €0 |
| 2022 | €82,381 | €9,647 | €7,007 | €606 | €0 |
| 2021 | €85,836 | €9,162 | €5,769 | €606 | €0 |
| 2020 | €90,272 | €7,494 | €4,086 | €779 | €0 |
| 2019 | €94,585 | €6,006 | €2,440 | €606 | €0 |
Compared with similar buildings (Rae vald; 216 associations), long-term liabilities per m² of flat space are higher than 98% of them. The median for buildings with a loan is €39/m².
Flats in this building
Over the last 12 months 1 flat has been for sale in this building, asking €2,354–€2,354 per m².
Estate agents who have offered flats in this building
- Svetlana DavidovskiSV Kinnisvaraekspert OÜ1 flat
What is your flat worth?
An estimate for a flat at Veesilma tn 3 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| E | Veesilma tn 4Vaida alevik1965 · 8 flats | €18,522 | €17,844 | 2025 |
| A | Veesilma tn 1Vaida alevik1961 · 7 flats | €22,221 | €10,615 | 2025 |
| E | Veesilma tn 2Vaida alevik1935 · 6 flats | €0 | €11,685 | 2024 |
| C | Rukkilille tn 3Vaida alevik1965 · 12 flats | €53,032 | €3,437 | 2025 |
| C | Vana-Vaida tee 8Vaida alevik1976 · 22 flats | €37,240 | €172 | 2024 |
| B | Väike tn 3Vaida alevik1969 · 12 flats | €39,682 | €1,244 | 2025 |
| D | Rukkilille tn 5Vaida alevik1968 · 12 flats | €0 | €48,452 | 2025 |
| – | Vana-Vaida tee 34Vaida alevik1986 · 6 flats | no reports | ||
Frequently asked questions
Does the association have a loan?
According to its 2025 report, the association has €70,190 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 €7,294.
When was the building built?
According to the building register, it was first used in 1961 and has 2 storeys.
Who is on the association's board?
According to the business register, the board members are Marje Hallemaa, Rivo Vahar (board since 07.01.2018).
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.