Apartment association · Tallinn
Graniidi tn 23 apartment association
Tallinn, Graniidi tn 23 korteriühistu (registry code 80291514) manages a 2-storey wooden building built in 1946 with 6 flats. According to its 2025 annual report, the association's long-term liabilities were €17,191 (€102 per m² of flat space) and it held €3,976 in cash. Long-term liabilities have fallen 27% since 2019.
Board
- LJLaurin Jürimäeboard member2 years 2 months
- MNMaime Niinesaluboard member8 years 9 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
- 1946
- Storeys
- 2
- Construction
- wood
- Flats
- 6
- Lift
- no
- Heating
- stove
Building page: Graniidi tn 23 →
Compared with similar buildings: Tallinn, built 1941–1951, wood (152 associations).
Finances by year
Loan principal repayment is an estimated €0.51 per m² of flat space a month, about €26 a month for a 50 m² flat (interest not included) — about average for 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 2042.
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €17,191 | €5,603 | €3,976 | €4,157 | €0 |
| 2024 | €18,414 | €4,381 | €2,840 | €5,493 | €0 |
| 2023 | €19,490 | €4,540 | €3,182 | €3,582 | €0 |
| 2022 | €20,337 | €3,146 | €1,913 | €8,459 | €0 |
| 2021 | €21,333 | €6,699 | €5,011 | €3,792 | €562 |
| 2020 | €22,472 | €5,886 | €4,304 | €3,301 | €80 |
| 2019 | €23,580 | €4,981 | €3,477 | €5,441 | €0 |
Compared with similar buildings (Tallinn, built 1941–1951, wood; 152 associations), long-term liabilities per m² of flat space are higher than 86% of them. The median for buildings with a loan is €49/m².
Flats in this building
3 flats were offered for rent at €210–€550 a month.
Estate agents in Kalamaja · Flat prices in Kalamaja
Estate agents who have offered flats in this building
- Tatjana ErikTatjana Erik1 flat
What is your flat worth?
An estimate for a flat at Graniidi tn 23 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| C | Telliskivi tn 581946 · 7 flats | €12,428 | €15,811 | 2025 |
| – | Telliskivi tn 492019 | €0 | €6,465 | 2025 |
| D | Telliskivi tn 541931 · 12 flats | €0 | €31,507 | 2025 |
| C | Telliskivi tn 521931 · 13 flats | €0 | €5,839 | 2025 |
| C | Heina tn 6a5 flats | €0 | €2,884 | 2024 |
| – | Heina tn 14 | €0 | €11,160 | 2025 |
| D | Heina tn 101932 · 11 flats | €3,921 | €3,348 | 2025 |
| C | Telliskivi tn 471940 · 12 flats | €8,036 | €13,265 | 2025 |
Frequently asked questions
Does the association have a loan?
According to its 2025 report, the association has €17,191 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 €3,976.
When was the building built?
According to the building register, it was first used in 1946 and has 2 storeys.
Who is on the association's board?
According to the business register, the board members are Laurin Jürimäe, Maime Niinesalu (board since 05.01.2018).
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.