Apartment association · Tallinn

Akadeemia tee 70 apartment association

Tallinn, Akadeemia tee 70 korteriühistu (registry code 80119229) manages a 5-storey panel building built in 1965 with 80 flats. According to its 2024 annual report, the association's long-term liabilities were €0 and it held €113,719 in cash. The report shows no long-term liabilities.

Board

  • KBKaarel Bachmanboard member3 years 11 months
C
Association grade
C · average
Tallinn: ranked 3083 of 4,374 graded associations.
House conditionaverage
age, energy class and works done
Loan affordabilitygood
loan vs the association's annual income
Cash buffergood
cash per m², 3-year average
Managementweak
reports filed on time

Building

Built
1965
Storeys
5
Construction
panel
Flats
80
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.

  • Facade
  • Roof
  • Pipes
  • Heating
  • Ventilation
  • Windows
  • Wiring
  • Stairwell
  • Balconies
  • Basement
  • Entrance doors
The ads say
  • „Vahetatud katus ja uuendatud otsaseinad.“ · ad of 1 flat
  • „Korrastatud sissepääsu osa ja trepikojad.“ · ad of 1 flat
Energy class
  • A
  • B
  • C
  • DD
  • E
  • F
  • G
  • H

Building page: Akadeemia tee 70 →

Long-term liabilities
€0
as of 31.12.2024
Cash
€113,719
€32/m² · similar €15/m²
Income per m² a month
€0.73
similar buildings €1.19

Compared with similar buildings: Tallinn, built 1960–1970, panel (284 associations).

Finances by year

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2024€0€111,427€113,719€30,634€14,985
2023€0€104,640€105,679€54,355€15,410
2022€0€120,244€119,435€25,588€10,304
2021€0€108,150€108,881€22,830€8,289
2020€0€90,718€94,900€32,089€8,148
2019€0€87,115€90,775€17,740€11,828

Of similar buildings (Tallinn, built 1960–1970, panel; 284 associations), 50% have long-term liabilities; this association has none.

Flats in this building

Over the last 12 months 3 flats have been for sale in this building, asking €2,109–€2,733 per m². 3 flats were offered for rent at €595–€650 a month.

Estate agents in Mustamäe · Flat prices in Mustamäe

Estate agents who have offered flats in this building

What is your flat worth?

An estimate for a flat at Akadeemia tee 70 from similar homes — free and instant.

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
–Akadeemia tee 68a1966no reports
BKadaka tee 1751976 · 60 flats€205,087€18,2322025
BAkadeemia tee 681965 · 80 flats€902,006€174,1692025
CKadaka tee 1731967 · 80 flats€0€76,3122025
BAkadeemia tee 64a1973 · 40 flats€0€140,2172025
AAkadeemia tee 621969 · 80 flats€63,900€34,5712025
AKadaka tee 1691969 · 80 flats€0€58,6592025
AKadaka tee 1711965 · 60 flats€81,738€33,6912025

Frequently asked questions

Does the association have a loan?

The 2024 report shows no long-term liabilities.

How much cash does the association have?

At the end of 2024 the association held €113,719.

When was the building built?

According to the building register, it was first used in 1965 and has 5 storeys.

Who is on the association's board?

According to the business register, the board members are Kaarel Bachman (board since 11.11.2022).

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, 2019–2024). Building: building register. Flats on offer: Leiamaakler.ee data from the property portals.