Apartment association · Maardu linn
Kallasmaa tn 10 apartment association
Maardu linn, Kallasmaa tn 10 korteriühistu (registry code 80443438) manages a 4-storey block building built in 1960 with 32 flats. According to its 2025 annual report, the association's long-term liabilities were €14,781 (€11 per m² of flat space) and it held €12,380 in cash. In 2020 long-term liabilities rose from €0 to €34,381 — usually a sign of a renovation.
Board
The association is run by Osaühing MAKET KINNISVARA.
- OMOsaühing MAKET KINNISVARAappointed manager8 years 9 months
- House conditionweak
- 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 · professional manager
Building
- Built
- 1960
- Storeys
- 4
- Construction
- block
- Flats
- 32
- Lift
- no
- Heating
- district heating
Building page: Kallasmaa tn 10 →
Compared with similar buildings: Maardu linn, built 1955–1965 (53 associations).
Finances by year
Loan principal repayment is an estimated €0.24 per m² of flat space a month, about €12 a month for a 50 m² flat (interest not included) — less than 83% of associations repaying a loan. The median is €0.52 in Estonia and €0.35 in Maardu linn. At the current pace the loan will be repaid around 2029.
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €14,781 | €22,384 | €12,380 | €45,861 | €0 |
| 2024 | €18,922 | €20,726 | €10,724 | €47,076 | €0 |
| 2023 | €23,439 | €18,192 | €8,254 | €43,725 | €0 |
| 2022 | €27,039 | €18,189 | €8,142 | €48,710 | €0 |
| 2021 | €30,642 | €23,256 | €11,368 | €36,173 | €0 |
| 2020 | €34,381 | €15,819 | €6,127 | €81,067 | €0 |
| 2019 | €0 | €16,101 | €10,481 | €31,726 | €0 |
Compared with similar buildings (Maardu linn, built 1955–1965; 53 associations), long-term liabilities per m² of flat space are higher than 57% of them. The median for buildings with a loan is €22/m².
Flats in this building
Over the last 12 months 1 flat has been for sale in this building, asking €2,124–€2,124 per m². 1 flat was offered for rent at €420 a month.
Estate agents in Maardu · Flat prices in Maardu
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An estimate for a flat at Kallasmaa tn 10 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| A | Kallasmaa tn 51965 · 48 flats | €0 | €20,089 | 2025 |
| E | Kallasmaa tn 81962 · 32 flats | €0 | €33,299 | 2024 |
| B | Langu tn 91963 · 32 flats | €134,699 | €254 | 2025 |
| C | Kallasmaa tn 71963 · 48 flats | €0 | €41,402 | 2025 |
| B | Langu tn 71988 · 32 flats | €0 | €16,383 | 2025 |
| C | Langu tn 2a2008 · 40 flats | €0 | €61,764 | 2025 |
| C | Kallasmaa tn 141957 · 11 flats | €0 | €11,481 | 2025 |
| C | Langu tn 51962 · 32 flats | €12,494 | €11,212 | 2025 |
Frequently asked questions
Does the association have a loan?
According to its 2025 report, the association has €14,781 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 €12,380.
When was the building built?
According to the building register, it was first used in 1960 and has 4 storeys.
Who is on the association's board?
According to the business register, the association is run by Osaühing MAKET KINNISVARA.
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.