Apartment association · Tallinn

Kodu tn 16 apartment association

Tallinn, Kodu tn 16 korteriühistu (registry code 80360250) manages a 3-storey wooden building built in 1949 with 5 flats. According to its 2025 annual report, the association's long-term liabilities were €76,706 (€295 per m² of flat space) and it held €15,079 in cash. Long-term liabilities have fallen 30% since 2019.

Board

  • ANAnna Nõmmikboard member4 years 3 months
  • KMKrista Männisteboard member8 years 9 months
A
Association grade
A · very good
Tallinn: ranked 402 of 4,374 graded associations.
House conditiongood
age, energy class and works done
Loan affordabilitygood
loan vs the association's annual income
Cash bufferaverage
cash next to the loan, 3-year average
Managementgood
reports filed on time

Building

Built
1949
Storeys
3
Construction
wood
Flats
5
Lift
no
Heating
stove
Renovated
yes

Works on the building

Energy class has improved: F (2015) → B (2020)

per the building register

Energy class
  • A
  • BBvalid until 20.03.2030
  • C
  • D
  • E
  • F
  • G
  • H

Building page: Kodu tn 16 →

Long-term liabilities
€76,706
as of 31.12.2025
Liabilities per m²
€295
similar buildings with a renovation loan €87
Cash
€15,079
€58/m² · similar €23/m²
Income per m² a month
€4.10
similar buildings €1.36

Compared with similar buildings: Tallinn, built 1944–1954, wood (161 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
424 €/m²2019403 €/m²2020382 €/m²2021361 €/m²2022341 €/m²2023318 €/m²2024295 €/m²2025
similar buildings with a renovation loan (median)

Loan principal repayment is an estimated €1.83 per m² of flat space a month, about €92 a month for a 50 m² flat (interest not included) — more than 97% 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 2039.

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€76,706€14,517€15,079€12,810€0
2024€82,673€13,031€13,769€15,018€0
2023€88,718€11,829€14,786€17,283€0
2022€93,813€13,961€14,239€985€0
2021€99,296€17,211€21,858€985€0
2020€104,812€14,372€16,001€5,406€0
2019€110,157€11,842€8,445€1,020€0

Compared with similar buildings (Tallinn, built 1944–1954, wood; 161 associations), long-term liabilities per m² of flat space are higher than 96% of them. The median for buildings with a loan is €44/m².

Flats in this building

Over the last 12 months 1 flat has been for sale in this building, asking €3,775–€3,775 per m². 2 flats were offered for rent at €600–€750 a month.

Estate agents in Veerenni · Flat prices in Veerenni

Estate agents who have offered flats in this building

What is your flat worth?

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

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
DKodu tn 181931 · 12 flats€0€13,6772025
EKodu tn 121930 · 3 flats€0€1462025
–Kodu tn 155 flatsno reports
CKauna tn 7 // Kodu tn 201927 · 13 flats€0€13,4032025
AKauna tn 3a2019 · 2 flats€0€14,8892025
BTare tn 51931 · 10 flats€8,889€7,9072025
–Vaikne tn 111925 · 2 flatsno reports
DKauna tn 31931 · 13 flats€0€1482025

Frequently asked questions

Does the association have a loan?

According to its 2025 report, the association has €76,706 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 €15,079.

When was the building built?

According to the building register, it was first used in 1949 and has 3 storeys.

Who is on the association's board?

According to the business register, the board members are Anna Nõmmik, Krista Männiste (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.