Tartu linn, Teemandi tn 9 korteriühistu
Association of 45 flats. Sharp rise in association fees: +272% (2025); two loss years in a row; small reserve capital.
Teemandi tn 9 korteriühistu is a 45-flat apartment association in Tartu linn, Tartu linn. Per its 2025 annual report, a typical flat paid the association €186 a month; total costs including utilities were €3.73/m² a month (highest quarter locally, Ränilinna linnaosa, Ränilinna subdistrict).
The repair fund held €20 473 at year end (€8/m², ≈ €455 per flat); in 2022 it was €16 155 — within the usual local range. The association has a loan of €649 797 (≈ €14 440 per flat), last repayment 2041. Member fees rose 85% in 2022–2025 (€32 025 → €59 183 a year).
There are 11 associations with reports on the same street and within 500 m; their median is €2.21/m² a month in costs and €10/m² of repair fund. Source: the association's annual reports (e-Business Register), floor area from the Building Register.
Building: Teemandi tn 9, Tartu linn. Data: the association's annual reports 2022–2025 (e-Business Register), the latest for 2025.
All figures: the association's 2025 annual report; €/m² = per m² of flats (2 489 m², Building Register); "a month" = yearly amount ÷ 12.
What an owner pays the association each month in total, usually including heating, water and electricity.
The association's own charges without utilities: upkeep, management, repair fund, loan.
Money saved for future repairs. A bigger balance means less risk of a sudden extra charge.
The association's joint loan (usually for renovation). Repayments are part of the monthly fees.
! Worth watching
- Sharp rise in association fees: +272% (2025)€15 909 (2024) → €59 183 (2025)
- Two loss years in a rowcash €30 415 → €22 193
- Small reserve capital€2 489 — less than one month of costs (€2 635)
✓ Strengths
- Loan is being paid down€723 229 → €649 797 (2022–2025)
Location and neighbouring associations
Associations on the same street and within 500 m, each by its latest report. The large dot on the map is this association. All associations and rankings in the area →
Compared with 11 neighbouring associations (median): total costs €2.21 (here €3.73) · fees €0.60 (here €1.98) · repair fund €10/m² (here €8)
On the same street: Teemandi tn
| Association | Distance | Flats | Total owner costs €/m²/mo | Association fees €/m²/mo | Repair fund balance €/m² | Loan balance | Year |
|---|---|---|---|---|---|---|---|
| Teemandi tn 9 (this one) | – | 45 | €3.73 | €1.98 | €8 | €649 797 | 2025 |
| Teemandi tn 3 | 70 m | 75 | €1.87 | €0.73 | – | no | 2025 |
Nearby (within 500 m)
| Association | Distance | Flats | Total owner costs €/m²/mo | Association fees €/m²/mo | Repair fund balance €/m² | Loan balance | Year |
|---|---|---|---|---|---|---|---|
| Teemandi tn 9 (this one) | – | 45 | €3.73 | €1.98 | €8 | €649 797 | 2025 |
| Aardla tn 120 | 140 m | 110 | €3.19 | €0.64 | €33 | no | 2025 |
| Aardla tn 122 | 170 m | 75 | €2.36 | €0.50 | €26 | no | 2025 |
| Aardla tn 136 | 200 m | 75 | €2.66 | €0.53 | €12 | €1 038 463 | 2025 |
| Aardla tn 124 | 220 m | 90 | €2.45 | €1.71 | €10 | €38 070 | 2025 |
| Kristalli tn 5 | 240 m | 80 | €1.83 | €0.60 | €8 | no | 2025 |
| Aardla tn 144 | 240 m | 60 | €2.21 | €0.99 | €24 | no | 2025 |
| Aardla tn 140 | 260 m | 60 | €2.62 | €1.08 | €9 | €145 117 | 2025 |
| Kvartsi tn 4 | 270 m | 30 | €1.95 | €0.58 | €3 | no | 2025 |
| Kristalli tn 8 | 270 m | 30 | €1.81 | €0.56 | €2 | no | 2025 |
| Kvartsi tn 6 | 300 m | 30 | €1.93 | €0.58 | €5 | no | 2025 |
| Neighbours' median | €2.29 | €0.59 | €10 |
What owners pay for
Fees by type in 2025, as written in the report. "Average flat" = amount ÷ 45 flats ÷ 12; a bigger flat pays more.
| Fee | What it covers | Per year | €/m²/month | Average flat / month | Year before |
|---|---|---|---|---|---|
| Hooldustasudday-to-day upkeep and small fixes | day-to-day upkeep and small fixes | €5 717 | €0.19 | €11 | €5 561 |
| Välikoristuscleaning of stairwells and grounds | cleaning of stairwells and grounds | €4 181 | €0.14 | €8 | €3 883 |
| Haldustasubookkeeping, board and property manager | bookkeeping, board and property manager | €7 045 | €0.24 | €13 | €6 197 |
| Remondifondi kasutussaved in the repair fund for future works | saved in the repair fund for future works | €11 020 | €0.37 | €20 | €268 |
| Laenuintresside kogumine korteriomanikeltrepays the association's loan and interest | repays the association's loan and interest | €31 220 | €1.05 | €58 | €0 |
| Total | €59 183 | €1.98 | €110 |
Fee names as written in the report.
Compared with Ränilinna linnaosa, Ränilinna subdistrict
Green band = the middle half of the area's associations (2025), tick = median, dot = this association.
Association fees per year
All flats together, excluding utilities.
Repair fund and works
The repair fund is the association's savings for the roof, pipes, façade and so on. When it grows, more is saved than spent; when it shrinks, the money has gone into repairs.
Repair fund balance
Saved and not yet spent, at year end.
Money in and out
When the collected bar is taller the fund grew; when spending is taller, savings were used.
Repair fund at the end of 2025: €20 473 = €8.22/m² ≈ €455 per flat
Works done, per the reports
Loans
An association loan is shared by all owners: when a flat is sold, its share stays with the building, not the seller. That is why a buyer should know the balance and the end date.
€649 797 outstanding at the end of 2025 ≈ €14 440 per flat
Principal due in the next 12 months €29 646 ≈ €2 471 a month (€55 per flat, plus interest)
| Lender | Balance | Rate | Ends |
|---|---|---|---|
| – | €649 797 | 4.27% | 2041-08 |
Loan balance at year end
Lower bars = the loan is being repaid.
All figures by year
The last column is the change from the first year to the latest: green = good news for owners, orange = a cost or risk is growing.
| 2025 | 2024 | 2023 | 2022* | Change | |
|---|---|---|---|---|---|
| Association fees per year | €59 183 | €15 909 | €15 778 | €32 025 | +85% |
| of which repair fund | €11 020 | €268 | €239 | – | ×46.1 |
| Repair spending | €11 020 | €268 | €83 081 | €260 971 | −96% |
| Repair fund balance | €20 473 | €26 211 | €21 198 | €16 155 | +27% |
| Loan balance | €649 797 | €677 304 | €700 169 | €723 229 | −10% |
| Cash | €22 193 | €30 415 | €27 681 | €27 620 | −20% |
| Reserve capital | €2 489 | €2 489 | €2 489 | €2 489 | ≈ |
| Association expenses (income statement) | €31 623 | €18 695 | €105 443 | €273 841 | −88% |
| Result for the year | −€3 652 | −€2 745 | −€5 850 | €3 118 | – |
* from the comparative column of the following year's report.
Cash at year end
Money in the bank (incl. the repair fund).
Board's management report
Short summary of the 2025 report.
Aruandeaastal teostati remonditöid 11 020 € eest. Remondifondi jääk aasta lõpus oli 20 473 €.
members: 44 private + 1 companies.
See also
Frequently asked questions
What are the running costs of the Teemandi tn 9 apartment association?
Per the association's 2025 annual report: total owner costs of €3.73/m² per month including utilities; a typical flat paid €186 a month; the association's own fees excluding utilities €1.98/m² per month. The Ränilinna linnaosa, Ränilinna subdistrict median was €1.93/m² per month.
How big is the repair fund of the Teemandi tn 9 apartment association?
The repair fund held €20 473 at the end of 2025 (€8.22/m², ≈ €455 per flat). In 2022 it was €16 155. Compared with Ränilinna linnaosa, Ränilinna subdistrict: within the usual local range.
Does the Teemandi tn 9 apartment association have a loan?
Yes. The loan balance at the end of 2025 was €649 797 (≈ €14 440 per flat), interest 4.27%, last repayment 2041. The loan stays with the building when a flat is sold; repayments are part of the monthly fees.
Have the fees of the Teemandi tn 9 apartment association gone up?
Member fees totalled €32 025 in 2022 and €59 183 in 2025 — a change of +85%. Latest year: +272% vs 2024.
How does the Teemandi tn 9 apartment association compare with neighbouring buildings?
There are 11 associations with reports on the same street and within 500 m. Their median: total costs €2.21/m² per month (here €3.73/m² per month); repair fund €9.55/m² (here €8.22/m²).
How big is the Teemandi tn 9 apartment association and who manages it?
45 flats. Registry code 80027013; reports 2022–2025 (e-Business Register).
Terms in plain words
- Total owner costs (€/m² a month, incl. utilities)
- Everything owners paid the association (the report's flat table), heating, water and electricity included, divided by the flats' floor area and 12 months. Closest to what an owner actually pays each month.
- Association fees (€/m² a month, excl. utilities)
- The association's own charges — upkeep, management, repair fund, loan, insurance — without utilities, per m² of flats a month.
- Typical flat per month (€ a month)
- The median flat's yearly charge in the report's flat table, divided by 12. Half of the flats pay more, half less.
- Repair fund balance (€ at year end)
- Money saved for future repairs and not yet spent, at the end of the financial year.
- Repair fund balance (€ per m² of flats)
- The repair fund balance divided by the flats' floor area, so buildings of any size compare. Not a monthly charge.
- Repair-fund charge (€/m² a month)
- The part of the fees that goes into the repair fund.
- Loan balance (€ at year end)
- The unpaid part of the association's loan at year end. It stays with the building when a flat is sold; repayments are part of the monthly fees.
- Association fees per year (€, all flats together)
- The same charges as a yearly total for all flats (the report's "member fees").
- Association expenses (income statement) (€ a year)
- The association's own expenses for the year per its accounts (upkeep, management, repairs, interest). Not the same as the owners' "total owner costs".
- Reserve capital (€)
- The association's buffer for unexpected costs. By law at least 1/12 of its budgeted annual costs.
- Cash (€ at year end)
- Money in the bank at year end, the repair fund included.
- Result for the year (€)
- Income minus expenses. An association is not for profit: a small plus or minus is normal; several large losses in a row mean costs are paid from reserves.
We read the association's reports, meeting decisions and the price, and tell you what to watch.
Source: apartment association annual reports (e-Business Register); floor area: Building Register. Figures are machine-read from the reports and may contain reading errors — check the original report in the e-Business Register before deciding. How the figures are made (methodology) · Checklist before buying. Flats' floor area 2 489 m².