Apartment association · Tallinn

K. A. Hermanni tn 10 apartment association

Tallinn, K. A. Hermanni tn 10 korteriühistu (registry code 80373324) manages a 3-storey wooden building built in 1932 with 6 flats. According to its 2024 annual report, the association's long-term liabilities were €39,417 (€75 per m² of flat space) and it held €1,752 in cash. Long-term liabilities have fallen 33% since 2019.

C
Association grade
C · average
Tallinn: ranked 2635 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 next to the loan, 3-year average
Managementweak
reports filed on time

Building

Built
1932
Storeys
3
Construction
wood
Flats
6
Heating
stove

Building page: K. A. Hermanni tn 10 →

Long-term liabilities
€39,417
as of 31.12.2024
Liabilities per m²
€75
similar buildings with a renovation loan €100
Cash
€1,752
€3/m² · similar €22/m²
Income per m² a month
€1.95
similar buildings €1.37

Compared with similar buildings: Tallinn, built 1927–1937, wood (102 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
112 €/m²201999 €/m²202093 €/m²202187 €/m²202282 €/m²202375 €/m²2024
similar buildings with a renovation loan (median)

Loan principal repayment is an estimated €0.48 per m² of flat space a month, about €24 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 2038.

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2024€39,417€5,900€1,752€12,277€0
2023€42,907€5,758€1,637€11,854€0
2022€45,755€5,103€1,190€10,398€0
2021€48,790€5,331€1,718€13,031€0
2020€52,186€3,987€3,403€7,110€0
2019€58,657€534€4,195€7,748€0

Compared with similar buildings (Tallinn, built 1927–1937, wood; 102 associations), long-term liabilities per m² of flat space are higher than 83% of them. The median for buildings with a loan is €52/m².

Flats in this building

No flat in this building has been for sale or rent in the last 12 months.

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An estimate for a flat at K. A. Hermanni tn 10 from similar homes — free and instant.

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
EK. A. Hermanni tn 121940 · 12 flats€0€3,6232025
DK. A. Hermanni tn 81949 · 9 flats€7,764€1,2642025
AK. A. Hermanni tn 31960 · 42 flats€0€41,8292025
BJ. Kunderi tn 40 // K. A. Hermanni tn 141938 · 8 flats€48,145€70,7572025
–K. A. Hermanni tn 8a22 flats€0€9772023
BK. A. Hermanni tn 61953 · 11 flats€67,098€16,8092025
DJ. Kunderi tn 441940 · 12 flats€0€42,4772025
ATartu mnt 69a2020 · 19 flats€0€3,5862025

Frequently asked questions

Does the association have a loan?

According to its 2024 report, the association has €39,417 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 2024 the association held €1,752.

When was the building built?

According to the building register, it was first used in 1932 and has 3 storeys.

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.