Apartment association · Tallinn
Kiive tn 4 apartment association
Tallinn, Kiive tn 4 korteriühistu (registry code 80251621) manages a 2-storey wooden building built in 1950 with 8 flats. According to its 2025 annual report, the association's long-term liabilities were €1,671 (€4 per m² of flat space) and it held €2,448 in cash. Long-term liabilities have fallen 96% since 2019.
Board
- DKDmitri Kovalenkoboard member4 years 7 months
- KSKristina Sirk-Stempienboard member4 years 7 months
- RMRoman Maslennikovboard member4 years 7 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
- 1950
- Storeys
- 2
- Construction
- wood
- Flats
- 8
- Lift
- no
- Heating
- stove
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.
- „Maja on renoveeritud 100%“ · ad of 1 flat
- A
- B
- C
- D
- EE
- F
- G
- H
Compared with similar buildings: Tallinn, built 1945–1955, wood (165 associations).
Finances by year
Loan principal repayment is an estimated €0.52 per m² of flat space a month, about €26 a month for a 50 m² flat (interest not included) — about average for 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 | €1,671 | €5,383 | €2,448 | €7,371 | €2,159 |
| 2024 | €4,481 | €7,658 | €4,679 | €8,043 | €2,063 |
| 2023 | €7,128 | €11,458 | €8,318 | €8,985 | €1,652 |
| 2022 | €9,607 | €8,483 | €5,864 | €8,985 | €1,620 |
| 2021 | €31,898 | €12,314 | €9,039 | €9,150 | €1,920 |
| 2020 | €34,661 | €13,399 | €9,994 | €4,908 | €1,477 |
| 2019 | €37,367 | €10,255 | €5,488 | €7,965 | €2,233 |
Compared with similar buildings (Tallinn, built 1945–1955, wood; 165 associations), long-term liabilities per m² of flat space are higher than 61% of them. The median for buildings with a loan is €42/m².
Flats in this building
Over the last 12 months 1 flat has been for sale in this building, asking €3,998–€3,998 per m².
Estate agents in Ülemiste · Flat prices in Ülemiste
Estate agents who have offered flats in this building
- Peep PatrasonKP Vara OÜ1 flat
What is your flat worth?
An estimate for a flat at Kiive tn 4 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| E | Kiive tn 61946 · 23 flats | €0 | €13,837 | 2025 |
| B | Tuletorni tn 162023 · 6 flats | €0 | €2,566 | 2025 |
| A | Kiive tn 81950 · 24 flats | €30,005 | €4,488 | 2025 |
| – | Tuletorni tn 201951 · 2 flats | no reports | ||
| A | Tuletorni tn 142023 · 6 flats | €0 | €7,718 | 2025 |
| A | Kiive tn 101961 · 23 flats | €34,454 | €995 | 2025 |
| A | Tuletorni tn 126 flats | €0 | €5,011 | 2025 |
| B | Pae tn 221961 · 80 flats | €0 | €17,134 | 2025 |
Frequently asked questions
Does the association have a loan?
According to its 2025 report, the association has €1,671 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 €2,448.
When was the building built?
According to the building register, it was first used in 1950 and has 2 storeys.
Who is on the association's board?
According to the business register, the board members are Dmitri Kovalenko, Kristina Sirk-Stempien, Roman Maslennikov (board since 08.03.2022).
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.