Apartment association · Tallinn
Alajaama tn 12 apartment association
Tallinn, Alajaama tn 12 korteriühistu (registry code 80157460) manages a 4-storey brick building built in 1961 with 44 flats. According to its 2025 annual report, the association's long-term liabilities were €34,779 (€22 per m² of flat space) and it held €33,821 in cash. Long-term liabilities have fallen 25% since 2019.
Board
- AKAndres Kullasteboard member8 years 4 months
- MLMaimu Lindemannboard member8 years 9 monthsalso: Muraste tee 15
- RARennat Alametsboard member8 years 4 months
- House conditionaverage
- 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
- 1961
- Storeys
- 4
- Construction
- brick
- Flats
- 44
- 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
- „Maja fassaad ja katus on korralikult renoveeritud.“ · ad of 1 flat
- A
- B
- C
- D
- EE
- F
- G
- H
Building page: Alajaama tn 12 →
Compared with similar buildings: Tallinn, built 1956–1966, brick (370 associations).
Finances by year
Loan principal repayment is an estimated €0.10 per m² of flat space a month, about €5 a month for a 50 m² flat (interest not included) — less than 95% of associations repaying a loan. The median is €0.52 in Estonia and €0.51 in Tallinn. At the current pace the loan will be repaid around 2044.
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €34,779 | €4,549 | €33,821 | €36,335 | -€12,122 |
| 2024 | €33,106 | €4,652 | €31,152 | €27,124 | -€11,978 |
| 2023 | €20,212 | €5,501 | €19,445 | €23,151 | -€12,122 |
| 2022 | €11,512 | €11,169 | €10,872 | €21,219 | -€12,697 |
| 2021 | €13,399 | €18,981 | €7,132 | €19,096 | -€12,122 |
| 2020 | €22,145 | €15,889 | €2,021 | €34,187 | -€11,525 |
| 2019 | €46,091 | €15,941 | €13,732 | €22,285 | €10,828 |
Compared with similar buildings (Tallinn, built 1956–1966, brick; 370 associations), long-term liabilities per m² of flat space are higher than 60% of them. The median for buildings with a loan is €44/m².
Flats in this building
Over the last 12 months 1 flat has been for sale in this building, asking €3,333–€3,333 per m². 7 flats were offered for rent at €330–€570 a month.
Estate agents in Järve · Flat prices in Järve
Estate agents who have offered flats in this building
- Dover KinnisvaraDover Kinnisvara OÜ1 flat
- Maris TämmoLumen Kinnisvarabüroo OÜ1 flat
- Pirje SoonurmKinnisvarabüroo Uus Maa OÜ1 flat
What is your flat worth?
An estimate for a flat at Alajaama tn 12 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| A | Tuisu tn 41961 · 44 flats | €0 | €26,594 | 2025 |
| B | Alajaama tn 81961 · 23 flats | €164,685 | €27,052 | 2025 |
| C | Tuisu tn 51985 · 14 flats | €0 | €15,939 | 2025 |
| – | Tuisu tn 61946 · 7 flats | no reports | ||
| D | Tuisu tn 71955 · 17 flats | €0 | €32,540 | 2025 |
| – | Elektri tn 141946 · 3 flats | no reports | ||
| A | Tuisu tn 91980 · 45 flats | €0 | €30,312 | 2025 |
| – | Virve tn 21946 · 5 flats | no reports | ||
Frequently asked questions
Does the association have a loan?
According to its 2025 report, the association has €34,779 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 €33,821.
When was the building built?
According to the building register, it was first used in 1961 and has 4 storeys.
Who is on the association's board?
According to the business register, the board members are Andres Kullaste, Maimu Lindemann, Rennat Alamets (board since 30.12.2017).
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.