Apartment association · Tallinn
Keskuse tn 4 apartment association
Tallinn, Keskuse tn 4 korteriühistu (registry code 80018379) manages a 5-storey panel building built in 1973 with 70 flats. According to its 2025 annual report, the association's long-term liabilities were €2,125 and it held €27,444 in cash. Long-term liabilities have fallen 97% since 2019.
Board
- APAnne Pürgboard member8 years 9 months
- ETEndel Tõruvereboard member8 years 9 months
- JKJako Kullboard member8 years 9 months
- KKKalev Kivvistikboard member8 years 9 months
- TMTarmo Meentaloboard member8 years 9 months
- House conditiongood
- 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
- Managementaverage
- reports filed on time
Building
- Built
- 1973
- Storeys
- 5
- Construction
- panel
- Flats
- 70
- Heating
- district heating
Works on the building
per the building register
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
- Stairwell
- Balconies
- Basement
- Entrance doors
- „Maja on läbinud ulatusliku renoveerimise.“ · ad of 1 flat
- „Fassaad on soojustatud, paigaldatud on uued aknad ja uued klaasitud rõdud“ · ad of 1 flat
- „vahetatud on kogu maja vee-, kanalisatsiooni- ja küttetorustik“ · ad of 1 flat
- AAvalid until 29.08.2035
- B
- C
- DD2009
- E
- F
- G
- H
Compared with similar buildings: Tallinn, built 1968–1978, panel (372 associations).
Finances by year
Loan principal repayment is an estimated €0.23 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 €0.51 in Tallinn. At the current pace the loan will be repaid around 2026.
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €2,125 | €42,360 | €27,444 | €32,167 | €7,625 |
| 2024 | €14,730 | €37,272 | €21,579 | €27,488 | €5,205 |
| 2023 | €27,083 | €53,038 | €35,699 | €42,682 | €5,187 |
| 2022 | €39,187 | €48,324 | €31,371 | €42,116 | €13,109 |
| 2021 | €51,053 | €56,442 | €39,488 | €29,795 | €6,832 |
| 2020 | €62,593 | €43,988 | €31,407 | €31,987 | €12,599 |
| 2019 | €73,330 | €36,556 | €25,265 | €39,184 | €13,986 |
Compared with similar buildings (Tallinn, built 1968–1978, panel; 372 associations), long-term liabilities per m² of flat space are higher than 63% of them. The median for buildings with a loan is €20/m².
Flats in this building
Over the last 12 months 1 flat has been for sale in this building, asking €1,910–€1,910 per m². 2 flats were offered for rent at €400–€500 a month.
Estate agents in Mustamäe · Flat prices in Mustamäe
Estate agents who have offered flats in this building
- Vladimir KuznetsovVladimir Kuznetsovi kinnisvarateenused2 flats
- Marika SöönurmMaininvestments OÜ1 flat
What is your flat worth?
An estimate for a flat at Keskuse tn 4 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| A | Sõpruse pst 2501968 · 144 flats | €159,001 | €35,587 | 2025 |
| A | Keskuse tn 61966 · 119 flats | €33,224 | €55,136 | 2025 |
| A | Sõpruse pst 2461966 · 90 flats | €447,202 | €40,086 | 2025 |
| A | Mustamäe tee 1951963 · 119 flats | €197,200 | €84,848 | 2025 |
| A | Sõpruse pst 2441966 · 60 flats | €59,573 | €19,076 | 2025 |
| A | Mustamäe tee 1991969 · 144 flats | €0 | €117,296 | 2025 |
| B | Mustamäe tee 2011966 · 60 flats | €0 | €134,091 | 2025 |
| – | Sõpruse pst 249 // 251 | €215,509 | €11,373 | 2025 |
Frequently asked questions
Does the association have a loan?
According to its 2025 report, the association has €2,125 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 €27,444.
When was the building built?
According to the building register, it was first used in 1973 and has 5 storeys.
Who is on the association's board?
According to the business register, the board members are Anne Pürg, Endel Tõruvere, Jako Kull, Kalev Kivvistik, Tarmo Meentalo (board since 29.12.2017).
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.