Tartu linn, Märja alevik, Keskuse tn 11 korteriühistu
Association of 75 flats. New loan taken in 2023; two loss years in a row; small reserve capital.
Märja alevik, Keskuse tn 11 korteriühistu is a 75-flat apartment association in Märja alevik, Tartu linn. Per its 2025 annual report, a typical flat paid the association €135 a month; association fees excluding utilities were €2.38/m² a month.
The association has a loan of €216 857 (≈ €2 891 per flat), last repayment 2038. Member fees rose 37% in 2022–2025 (€87 729 → €120 360 a year).
There are 16 associations with reports on the same street and within 500 m; their median is €2.52/m² a month in costs and €5/m² of repair fund. Source: the association's annual reports (e-Business Register), floor area from the Building Register.
Building: Keskuse tn 11, 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 (4 208 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.
The association's joint loan (usually for renovation). Repayments are part of the monthly fees.
! Worth watching
- New loan taken in 2023outstanding €216 857 — usually for renovation; repayments are part of the fees
- Two loss years in a rowcash €36 793 → €28 387
- Small reserve capital€2 557 — less than one month of costs (€11 373)
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 16 neighbouring associations (median): total costs €2.52 · fees €0.81 (here €2.38) · repair fund €5/m²
On the same street: Keskuse tn
| Association | Distance | Flats | Total owner costs €/m²/mo | Association fees €/m²/mo | Repair fund balance €/m² | Loan balance | Year |
|---|---|---|---|---|---|---|---|
| Keskuse tn 11 (this one) | – | 75 | – | €2.38 | – | €216 857 | 2025 |
| Keskuse tn 12 | 140 m | 30 | €3.22 | €0.72 | – | €53 358 | 2025 |
| Keskuse tn 13 | 50 m | 75 | – | €2.21 | – | €14 523 | 2025 |
| Keskuse tn 14 | 120 m | 18 | €2.31 | €0.81 | €2 | no | 2025 |
| Keskuse tn 15 | 100 m | 30 | €1.79 | €0.49 | – | €16 518 | 2025 |
| Keskuse tn 16 | 110 m | 26 | – | €0.95 | €5 | €3 430 | 2025 |
| Keskuse tn 17a | 110 m | 10 | – | – | – | no | 2025 |
| Neighbours' median | €2.31 | €0.81 | – |
Nearby (within 500 m)
| Association | Distance | Flats | Total owner costs €/m²/mo | Association fees €/m²/mo | Repair fund balance €/m² | Loan balance | Year |
|---|---|---|---|---|---|---|---|
| Keskuse tn 11 (this one) | – | 75 | – | €2.38 | – | €216 857 | 2025 |
| Looga tn 12 | 180 m | 17 | €0.98 | €0.26 | €1 | no | 2025 |
| Looga tn 10 | 220 m | 17 | €3.10 | €0.91 | €7 | no | 2025 |
| Looga tn 11 | 220 m | 17 | €3.03 | €0.91 | €7 | no | 2025 |
| Looga tn 13 | 220 m | 6 | €0.75 | €0.18 | €1 | no | 2025 |
| Välgu tn 4 | 230 m | 11 | €0.96 | €0.76 | €3 | no | 2025 |
| Looga tn 9 | 250 m | 17 | €2.89 | €0.91 | €7 | no | 2025 |
| Aretuse tn 5 | 250 m | 6 | €1.26 | €0.66 | €5 | no | 2025 |
| Aisa põik 8 | 260 m | 15 | €2.65 | €1.19 | €6 | no | 2025 |
| Aisa põik 6 | 290 m | 15 | €2.52 | €1.15 | €5 | no | 2025 |
| Aisa põik 4 | 330 m | 8 | €2.57 | €0.46 | €11 | €27 768 | 2025 |
| Neighbours' median | €2.55 | €0.84 | €6 |
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.
Money in and out
When the collected bar is taller the fund grew; when spending is taller, savings were used.
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.
€216 857 outstanding at the end of 2025 ≈ €2 891 per flat
Principal due in the next 12 months €12 032 ≈ €1 003 a month (€13 per flat, plus interest)
| Lender | Balance | Rate | Ends |
|---|---|---|---|
| Swedbank | €216 857 | 2.60% | 2038-04 |
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 | €120 360 | €123 501 | €106 654 | €87 729 | +37% |
| Repair spending | – | – | €0 | €11 088 | −100% |
| Loan balance | €216 857 | €228 159 | €238 473 | €0 | – |
| Cash | €28 387 | €36 793 | €68 982 | €68 737 | −59% |
| Reserve capital | €2 557 | €2 557 | €2 557 | €2 557 | ≈ |
| Association expenses (income statement) | €136 475 | €161 426 | €102 635 | €74 056 | +84% |
| Result for the year | −€9 853 | −€31 876 | €803 | €19 374 | – |
* from the comparative column of the following year's report.
Cash at year end
Money in the bank (incl. the repair fund).
See also
Frequently asked questions
What are the running costs of the Keskuse tn 11 apartment association?
Per the association's 2025 annual report: a typical flat paid €135 a month; the association's own fees excluding utilities €2.38/m² per month.
Does the Keskuse tn 11 apartment association have a loan?
Yes. The loan balance at the end of 2025 was €216 857 (≈ €2 891 per flat), interest 2.60%, last repayment 2038. The loan stays with the building when a flat is sold; repayments are part of the monthly fees.
Have the fees of the Keskuse tn 11 apartment association gone up?
Member fees totalled €87 729 in 2022 and €120 360 in 2025 — a change of +37%. Latest year: ≈ vs 2024.
How does the Keskuse tn 11 apartment association compare with neighbouring buildings?
There are 16 associations with reports on the same street and within 500 m. Their median: total costs €2.52/m² per month; repair fund €5.00/m².
How big is the Keskuse tn 11 apartment association and who manages it?
75 flats. Registry code 80120356; 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 4 208 m².