Apartment association · Tallinn
Asula tn 12 apartment association
Tallinn, Asula tn 12 korteriühistu (registry code 80317685) manages a 2-storey brick building built in 1961 with 15 flats. According to its 2025 annual report, the association's long-term liabilities were €13,897 (€19 per m² of flat space) and it held €28,382 in cash.
Board
- AKAhti Kurmboard member3 years 2 monthsalso: A. H. Tammsaare tee 103, Asula tn 17b, E. Vilde tee 137, Ehituse tn 16 + 6 more
- SÕSander Õunboard member3 years 2 months
- VAVeiko Aunapuuboard member3 years 2 months
- House conditionweak
- age, energy class and works done
- Loan affordabilitygood
- loan vs the association's annual income
- Cash bufferaverage
- cash next to the loan, 3-year average
- Managementgood
- reports filed on time · professional manager
Building
- Built
- 1961
- Storeys
- 2
- Construction
- brick
- Flats
- 15
- Lift
- no
- Heating
- stove
Compared with similar buildings: Tallinn, built 1956–1966, brick (370 associations).
Finances by year
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €13,897 | €4,068 | €28,382 | €16,213 | €0 |
| 2024 | €13,595 | €4,775 | €27,288 | €12,182 | €0 |
| 2023 | €12,746 | €4,619 | €24,513 | €9,532 | — |
| 2022 | €8,486 | €4,843 | €17,135 | €10,054 | — |
| 2021 | €4,877 | €5,697 | €14,273 | €7,093 | — |
| 2020 | €2,818 | €3,207 | €9,377 | €12,699 | €0 |
| 2019 | €1,638 | €2,557 | €9,783 | €14,481 | €0 |
Compared with similar buildings (Tallinn, built 1956–1966, brick; 370 associations), long-term liabilities per m² of flat space are higher than 59% of them. The median for buildings with a loan is €44/m².
Flats in this building
4 flats were offered for rent at €550–€1,200 a month.
Estate agents in Kitseküla · Flat prices in Kitseküla
Estate agents who have offered flats in this building
- Eleri RaagAS Ober-Haus Real Estate Advisors1 flat
- Mikk MännametsKinnisvarabüroo Uus Maa OÜ1 flat
- Ober HausAS Ober-Haus Real Estate Advisors1 flat
What is your flat worth?
An estimate for a flat at Asula tn 12 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| D | Asula tn 101949 · 16 flats | €0 | €15,355 | 2025 |
| B | Asula tn 141960 · 17 flats | €0 | €3,153 | 2025 |
| A | Asula tn 91950 · 30 flats | €581,476 | €34,383 | 2025 |
| B | Madli tn 175 flats | €0 | €16,265 | 2025 |
| A | Asula tn 17bAsula tn 17a1994 · 37 flats | €43,868 | €46,669 | 2025 |
| A | Asula tn 81949 · 22 flats | €0 | €16,761 | 2025 |
| – | Asula tn 71950 · 30 flats | no reports | ||
| B | Magdaleena tn 410 flats | €0 | €3,098 | 2025 |
Frequently asked questions
Does the association have a loan?
According to its 2025 report, the association has €13,897 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 €28,382.
When was the building built?
According to the building register, it was first used in 1961 and has 2 storeys.
Who is on the association's board?
According to the business register, the board members are Ahti Kurm, Sander Õun, Veiko Aunapuu (board since 17.08.2023).
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.