Apartment association · Tallinn
Koidu tn 16 // 18 // 20 // Loite tn 1 apartment association
Tallinn, Koidu tn 16 // 18 // 20 // Loite tn 1 korteriühistu (registry code 80314008) manages a 3-storey apartment building built in 2008 with 40 flats. According to its 2024 annual report, the association's long-term liabilities were €27,995 (€14 per m² of flat space) and it held €65,920 in cash.
Board
- IPIndrek Palsboard member1 year 9 months
- JLJanek Leerboard member8 years 9 months
- House conditionaverage
- 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
- Managementweak
- reports filed on time
Building
- Built
- 2008
- Storeys
- 3
- Flats
- 40
- Heating
- district heating
- A
- B
- C
- DD
- E
- F
- G
- H
Building page: Koidu tn 16// 18// 20// 20/1// Loite tn 1 →
Compared with similar buildings: Tallinn, built 2003–2013 (327 associations).
Finances by year
Loan principal repayment is an estimated €1.21 per m² of flat space a month, about €61 a month for a 50 m² flat (interest not included) — more than 92% 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 2025.
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2024 | €27,995 | €13,088 | €65,920 | €34,614 | €0 |
| 2023 | €10,147 | €14,408 | €46,871 | €71,673 | €0 |
| 2022 | €38,754 | €15,631 | €68,965 | €26,603 | €0 |
| 2021 | €25,965 | €13,625 | €43,177 | €26,460 | €0 |
| 2020 | €15,177 | €13,575 | €27,633 | €35,793 | €0 |
| 2019 | €16,978 | €17,378 | €19,060 | €27,287 | €0 |
Compared with similar buildings (Tallinn, built 2003–2013; 327 associations), long-term liabilities per m² of flat space are higher than 89% of them. The median for buildings with a loan is €14/m².
Flats in this building
Over the last 12 months 1 flat has been for sale in this building, asking €5,739–€5,739 per m².
Estate agents in Kassisaba · Flat prices in Kassisaba
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An estimate for a flat at Koidu tn 16 // 18 // 20 // Loite tn 1 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| C | Luise tn 40 // Villardi tn 192001 · 36 flats | €0 | €14,011 | 2025 |
| C | Villardi tn 20 // 20a1900 · 12 flats | €0 | €14,614 | 2024 |
| – | Villardi tn 23 | €98,682 | €23,468 | 2025 |
| A | Villardi tn 222008 · 18 flats | €0 | €59,032 | 2025 |
| E | Tehnika tn 6113 flats | €190,418 | €10,105 | 2025 |
| D | Villardi tn 23a1949 · 11 flats | €0 | €38,765 | 2025 |
| D | Endla tn 241949 · 12 flats | €0 | €1,700 | 2025 |
| C | Endla tn 171940 · 26 flats | €351,885 | €18,878 | 2025 |
Frequently asked questions
Does the association have a loan?
According to its 2024 report, the association has €27,995 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 €65,920.
When was the building built?
According to the building register, it was first used in 2008 and has 3 storeys.
Who is on the association's board?
According to the business register, the board members are Indrek Pals, Janek Leer (board since 06.01.2018).
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.