Apartment association · Narva linn

Kangelaste prospekt 45 apartment association

Narva linn, Kangelaste prospekt 45 korteriühistu (registry code 80045962) manages a 10-storey panel building built in 1991 with 72 flats. According to its 2025 annual report, the association's long-term liabilities were €414,696 (€100 per m² of flat space) and it held €63,426 in cash. In 2024 long-term liabilities rose from €0 to €385,621 — usually a sign of a renovation.

Board

  • ONOlga Novikovaboard member1 year 3 months
  • TATatjana Artemjevaboard member4 years 4 months
  • VRViktor Rogovboard member8 years 9 monthsalso: Kangelaste prospekt 49, Rahu tn 38a, Rahu tn 40
  • VSVladimir Simonovboard member1 year 3 months
  • YKYanina Kuzinaboard member8 years 9 months
C
Association grade
C · average
Narva linn: ranked 115 of 407 graded associations.
House conditionaverage
age, energy class and works done
Loan affordabilityaverage
loan vs the association's annual income
Cash buffergood
cash next to the loan, 3-year average
Managementgood
reports filed on time

Building

Built
1991
Storeys
10
Construction
panel
Flats
72
Lift
yes
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.

  • Facade
  • Roof
  • Pipes
  • Heating
  • Ventilation
  • Windows
  • Wiring
  • Lift
  • Stairwell
  • Balconies
  • Basement
  • Entrance doors
The ads say
  • „Trepikoda on remonditud, puhas ja lukustatud.“ · ad of 1 flat
Energy class
  • A
  • B
  • C
  • DDvalid until 12.09.2033
  • E
  • F
  • G
  • H

Building page: Kangelaste prospekt 45 →

Long-term liabilities
€414,696
as of 31.12.2025
Liabilities per m²
€100
similar buildings with a loan €16
Cash
€63,426
€15/m² · similar €8/m²
Income per m² a month
€0.86
similar buildings €1.04

Compared with similar buildings: Narva linn, built 1986–1996, panel (33 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
5 €/m²20195 €/m²20200 €/m²20210 €/m²20220 €/m²202393 €/m²new loan2024100 €/m²new loan2025
YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€414,696€39,744€63,426€42,528€22,767
2024€385,621€31,136€57,702€43,968€21,756
2023€0€14,339€37,439€41,818€18,657
2022€0€8,697€29,550€38,037€20,280
2021€0€9,097€16,524€37,969€14,032
2020€22,309€6,764€25,966€37,958€14,107
2019€22,309€5,975€22,486€37,093€12,747

Compared with similar buildings (Narva linn, built 1986–1996, panel; 33 associations), long-term liabilities per m² of flat space are higher than 94% of them. The median for buildings with a loan is €16/m².

Flats in this building

Over the last 12 months 2 flats have been for sale in this building, asking €538–€1,235 per m². 1 flat was offered for rent at €280 a month.

Estate agents in Pähklimäe · Flat prices in Pähklimäe

Estate agents who have offered flats in this building

What is your flat worth?

An estimate for a flat at Kangelaste prospekt 45 from similar homes — free and instant.

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
CKangelaste prospekt 47a1990 · 36 flats€0€16,9752025
CKangelaste prospekt 431992 · 72 flats€0€20,0782025
DKangelaste prospekt 47b1990 · 72 flats€0€31,8062025
AKangelaste prospekt 491991 · 72 flats€315,231€48,0022025
CKangelaste prospekt 411993 · 71 flats€0€39,4202025
CKangelaste prospekt 511994 · 72 flats€780,840€81,7472025
ARahu tn 38a1989 · 142 flats€329,702€103,9302025
AKangelaste prospekt 392006 · 27 flats€0€6,7982025

Frequently asked questions

Does the association have a loan?

According to its 2025 report, the association has €414,696 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 €63,426.

When was the building built?

According to the building register, it was first used in 1991 and has 10 storeys.

Who is on the association's board?

According to the business register, the board members are Olga Novikova, Tatjana Artemjeva, Viktor Rogov, Vladimir Simonov, Yanina Kuzina (board since 07.01.2018).

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.