Apartment association · Narva linn

Kangelaste prospekt 42 apartment association

Narva linn, Kangelaste prospekt 42 korteriühistu (registry code 80175430) manages a 5-storey brick building built in 1980 with 85 flats. According to its 2025 annual report, the association's long-term liabilities were €0 and it held €26,258 in cash. The report shows no long-term liabilities.

Board

  • ASAleksandr Sekissovboard member2 years 3 months
  • NTNatalja Teppoboard member2 years 3 months
  • SPSergei Polegeškoboard member7 years 4 months
  • VGVladimir Gordeevboard member2 years 3 months
B
Association grade
B · good
Narva linn: ranked 48 of 407 graded associations.
House conditiongood
age, energy class and works done
Loan affordabilitygood
loan vs the association's annual income
Cash bufferweak
cash per m², 3-year average
Managementgood
reports filed on time

Building

Built
1980
Storeys
5
Construction
brick
Flats
85
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.

The building has been fully renovated
The ads say
  • „paneelmaja, ehitusaasta 1980, renoveeritud“ · ad of 1 flat
Energy class
  • A
  • B
  • C
  • D
  • EEvalid until 30.05.2035
  • F
  • G
  • H

Building page: Kangelaste prospekt 42 →

Long-term liabilities
€0
as of 31.12.2025
Cash
€26,258
€6/m² · similar €9/m²
Income per m² a month
€1.02
similar buildings €1.03

Compared with similar buildings: Narva linn, built 1975–1985, brick (39 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
0 €/m²20190 €/m²20200 €/m²20217 €/m²new loan20221 €/m²20230 €/m²20240 €/m²2025
YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€0€36,041€26,258€50,106-€18,625
2024€0€31,721€24,258€30,830-€18,058
2023€5,666€16,493€14,229€60,291-€18,315
2022€29,392€11,026€46,623€27,826-€16,841
2021€0€37,301€42,517€26,393-€14,668
2020€0€32,505€37,754€27,298-€16,316
2019€0€29,364€37,383€26,017-€16,493

Of similar buildings (Narva linn, built 1975–1985, brick; 39 associations), 13% have long-term liabilities; this association has none.

Flats in this building

Over the last 12 months 3 flats have been for sale in this building, asking €336–€646 per m². 1 flat was offered for rent at €200 a month.

Estate agents in Pähklimäe · Flat prices in Pähklimäe

Estate agents who have offered flats in this building

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
BKangelaste prospekt 441979 · 76 flats€0€13,9852025
AKangelaste prospekt 401978 · 74 flats€0€39,1852025
CRahu tn 321990 · 72 flats€17,845€45,6002025
BRahu tn 341985 · 176 flats€191,428€18,3282025
CKangelaste prospekt 361980 · 99 flats€0€43,1232025
DRahu tn 281987 · 90 flats€0€18,7862025
ARahu tn 301984 · 72 flats€9,201€7,9212025
CRahu tn 28a1988 · 76 flats€10,299€7,3452025

Frequently asked questions

Does the association have a loan?

The 2025 report shows no long-term liabilities.

How much cash does the association have?

At the end of 2025 the association held €26,258.

When was the building built?

According to the building register, it was first used in 1980 and has 5 storeys.

Who is on the association's board?

According to the business register, the board members are Aleksandr Sekissov, Natalja Teppo, Sergei Polegeško, Vladimir Gordeev (board since 19.06.2019).

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.