Apartment association · Tallinn

Kevade tn 4a apartment association

Tallinn, Kevade tn 4a korteriühistu (registry code 80378735) manages a 3-storey brick building with 10 flats. According to its 2024 annual report, the association's long-term liabilities were €175,143 (€272 per m² of flat space) and it held €2,800 in cash. In 2020 long-term liabilities rose from €156,363 to €209,952 — usually a sign of a renovation.

Board

  • ELElvira Liiver Holmströmboard member8 years 9 months
C
Association grade
C · average
Tallinn: ranked 3083 of 4,374 graded associations.
House conditionno data
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
Managementweak
reports filed on time

Building

Storeys
3
Construction
brick
Flats
10
Lift
no
Heating
stove

Building page: Kevade tn 4a →

Long-term liabilities
€175,143
as of 31.12.2024
Liabilities per m²
€272
similar buildings with a renovation loan €91
Cash
€2,800
€4/m² · similar €14/m²
Income per m² a month
€4.26
similar buildings €1.27

Compared with similar buildings: Tallinn (4374 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
243 €/m²2019326 €/m²new loan2020311 €/m²2021297 €/m²2022287 €/m²2023272 €/m²2024
similar buildings with a renovation loan (median)

Loan principal repayment is an estimated €1.11 per m² of flat space a month, about €56 a month for a 50 m² flat (interest not included) — more than 90% 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 2045.

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2024€175,143€11,194€2,800€32,908—
2023€184,283€24,423€16,499€18,087—
2022€191,309€26,122€15,763€23,442—
2021€199,893€14,298€1,066€11,245—
2020€209,952€13,189€4,917€78,394—
2019€156,363€21,839€998€197,393—

Compared with similar buildings (Tallinn; 4374 associations), long-term liabilities per m² of flat space are higher than 98% of them. The median for buildings with a loan is €36/m².

Flats in this building

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

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An estimate for a flat at Kevade tn 4a from similar homes — free and instant.

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
–Luise tn 22a1940 · 4 flatsno reports
BKoidu tn 272002 · 31 flats€0€16,8302025
CA. Kapi tn 91994 · 30 flats€0€40,6792025
–Luise tn 161910 · 9 flats€0€9,1462020
CLuise tn 221948 · 12 flats€166,647€3,7562025
–Luise tn 201892 · 8 flatsno reports
AKoidu tn 3113 flats€25,539€5,0562025
–Roopa tn 4a1994€0€5,1452025

Frequently asked questions

Does the association have a loan?

According to its 2024 report, the association has €175,143 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 2024 the association held €2,800.

Who is on the association's board?

According to the business register, the board members are Elvira Liiver Holmström (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, 2019–2024). Building: building register. Flats on offer: Leiamaakler.ee data from the property portals.