Apartment association · Laagri alevik, Saue vald

Veskitammi tn 16 apartment association

Saue vald, Laagri alevik, Veskitammi tn 16 korteriühistu (registry code 80408324) manages a 4-storey brick building built in 1960 with 6 flats. According to its 2025 annual report, the association's long-term liabilities were €16,868 (€46 per m² of flat space) and it held €4,584 in cash. In 2020 long-term liabilities rose from €0 to €27,890 — usually a sign of a renovation.

Board

  • MHMaris Hummalboard member4 years
A
Association grade
A · very good
Saue vald: ranked 4 of 206 graded associations.
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
Managementgood
reports filed on time

Building

Built
1960
Storeys
4
Construction
brick
Flats
6
Lift
no
Heating
district heating

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.

The building has been fully renovated2020
  • Facade2020
  • Roof2020
  • Pipes2020
  • Heating2020
  • Ventilation
  • Windows
  • Wiring2020
  • Stairwell
  • Balconies
  • Basement
  • Entrance doors
The ads say
  • „lisaks renoveeriti kogu kortermaja“ · ad of 1 flat
  • „Soojustatud ja uuendatud on fassaad, katus, küttesüsteem ja maja elektrisüsteem.“ · ad of 1 flat
  • „Uuendati ka külma- ja soojaveetorud ning kanalisatsioon.“ · ad of 1 flat
Energy class
  • A
  • B
  • C
  • DDvalid until 17.02.2023
  • E
  • F
  • G
  • H

Building page: Veskitammi tn 16 →

Long-term liabilities
€16,868
as of 31.12.2025
Liabilities per m²
€46
similar buildings with a loan €40
Cash
€4,584
€12/m² · similar €14/m²
Income per m² a month
€0.87
similar buildings €0.96

Compared with similar buildings: Saue vald (206 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
0 €/m²201976 €/m²new loan202070 €/m²202164 €/m²202259 €/m²202353 €/m²202446 €/m²2025

Loan principal repayment is an estimated €0.52 per m² of flat space a month, about €26 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 €0.60 in Saue vald. At the current pace the loan will be repaid around 2033.

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€16,868€10,633€4,584€3,841€0
2024€19,525€8,928€3,048€3,855€0
2023€21,908€8,830€3,851€3,486€0
2022€23,624€7,696€3,731€3,030€0
2021€25,827€6,262€2,872€3,935€0
2020€27,890€5,219€2,383€16,264€0
2019€0€3,938€2,417€4,200€0

Compared with similar buildings (Saue vald; 206 associations), long-term liabilities per m² of flat space are higher than 79% of them. The median for buildings with a loan is €40/m².

Flats in this building

Over the last 12 months 1 flat has been for sale in this building, asking €3,354–€3,354 per m².

Estate agents who have offered flats in this building

What is your flat worth?

An estimate for a flat at Veskitammi tn 16 from similar homes — free and instant.

Value your flat

Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
–Veskitammi tn 14Laagri alevik1964 · 4 flatsno reports
AVeskitammi tn 18Laagri alevik1967 · 12 flats€12,633€5,8572024
ARedise tn 2Laagri alevik1967 · 20 flats€0€23,3522025
DVeskitammi tn 12Laagri alevik1966 · 12 flats€43,659€44,8502025
BVeskitammi tn 9Laagri alevik1958 · 8 flats€34,373€11,1192025
CVeskitammi tn 7Laagri alevik1970 · 18 flats€0€61,3162025
DVeskitammi tn 11Laagri alevik1969 · 18 flats€0€3,9012025
CVeskitammi tn 5Laagri alevik1978 · 18 flats€29,331€32,3262025

Frequently asked questions

Does the association have a loan?

According to its 2025 report, the association has €16,868 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 €4,584.

When was the building built?

According to the building register, it was first used in 1960 and has 4 storeys.

Who is on the association's board?

According to the business register, the board members are Maris Hummal (board since 03.10.2022).

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.