Apartment association · Sillamäe linn

Kesk tn 16 apartment association

Sillamäe linn, Kesk tn 16 korteriühistu (registry code 80440799) manages a 3-storey brick building built in 1952 with 25 flats. According to its 2025 annual report, the association's long-term liabilities were €0 and it held €9,479 in cash. The report shows no long-term liabilities.

Board

The association is run by Aktsiaselts MEKE SILLAMÄE.

D
Association grade
D · below average
Sillamäe linn: ranked 129 of 162 graded associations.
House conditionweak
age, energy class and works done
Loan affordabilitygood
loan vs the association's annual income
Cash bufferaverage
cash per m², 3-year average
Managementgood
reports filed on time · professional manager

Building

Built
1952
Storeys
3
Construction
brick
Flats
25
Lift
no
Heating
district heating
Energy class
  • A
  • B
  • C
  • D
  • E
  • FFvalid until 05.11.2029
  • G
  • H

Building page: Kesk tn 16 →

Long-term liabilities
€0
as of 31.12.2025
Cash
€9,479
€7/m² · similar €11/m²
Income per m² a month
€1.04
similar buildings €0.97

Compared with similar buildings: Sillamäe linn, built 1947–1957, brick (27 associations).

Finances by year

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€0€3,142€9,479€16,666€0
2024€0€3,225€5,958€38,790€0
2023€0€18,238€20,733€16,877€0
2022€0€16,622€19,203€11,598€0
2021€0€10,078€11,458€10,429€0
2020€0€4,467€4,104€11,450€0
2019€0€3,582€2,082€9,512€0

Of similar buildings (Sillamäe linn, built 1947–1957, brick; 27 associations), 59% have long-term liabilities; this association has none.

Flats in this building

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

What is your flat worth?

An estimate for a flat at Kesk tn 16 from similar homes — free and instant.

Value your flat

Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
BKesk tn 181951 · 15 flats€14,165€4,6482025
CKesk tn 151952 · 18 flats€0€7,6642025
DKesk tn 141959 · 25 flats€7,510€12,8462025
CKesk tn 171952 · 12 flats€981€2,9232025
CKesk tn 131952 · 18 flats€0€4,8472025
BKesk tn 201951 · 15 flats€27,150€6,9092025
–Kajaka tn 151987 · 136 flatsno reports
DV. Majakovski tn 141956 · 60 flats€330€10,1162025

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 €9,479.

When was the building built?

According to the building register, it was first used in 1952 and has 3 storeys.

Who is on the association's board?

According to the business register, the association is run by Aktsiaselts MEKE SILLAMÄE.

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.