Apartment association · Tallinn
Koidu tn 89 apartment association
Tallinn, Koidu tn 89 korteriühistu (registry code 80184830) manages a 4-storey panel building built in 1957 with 32 flats. According to its 2025 annual report, the association's long-term liabilities were €69,066 (€35 per m² of flat space) and it held €44,167 in cash. Long-term liabilities have fallen 58% since 2019.
Board
- ITIrina Tšikulboard member2 months
- KEKristiina Eliisa Michelsonboard member2 months
- MNMats-Laes Nuterboard member2 years
- House conditionaverage
- 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
- Managementgood
- reports filed on time
Building
- Built
- 1957
- Storeys
- 4
- Construction
- panel
- Flats
- 32
- Lift
- no
- Heating
- district heating
- A
- B
- C
- D
- E
- FF
- G
- H
Compared with similar buildings: Tallinn, built 1952–1962, panel (47 associations).
Finances by year
Loan principal repayment is an estimated €0.65 per m² of flat space a month, about €33 a month for a 50 m² flat (interest not included) — more than 64% 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 2030.
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €69,066 | €64,158 | €44,167 | €37,306 | €0 |
| 2024 | €83,566 | €56,442 | €40,612 | €32,822 | €0 |
| 2023 | €96,532 | €51,273 | €38,670 | €31,847 | €0 |
| 2022 | €116,807 | €52,012 | €36,340 | €30,635 | €0 |
| 2021 | €133,283 | €51,613 | €34,456 | €34,118 | €0 |
| 2020 | €149,447 | €44,728 | €36,736 | €30,777 | €0 |
| 2019 | €165,686 | €40,223 | €30,176 | €33,916 | €0 |
Compared with similar buildings (Tallinn, built 1952–1962, panel; 47 associations), long-term liabilities per m² of flat space are higher than 57% of them. The median for buildings with a loan is €71/m².
Flats in this building
Over the last 12 months 1 flat has been for sale in this building, asking €4,167–€4,167 per m². 3 flats were offered for rent at €430–€600 a month.
Estate agents in Uus Maailm · Flat prices in Uus Maailm
Estate agents who have offered flats in this building
- Aleksandr JossifovAndekas OÜ1 flat
- Pirje SoonurmKinnisvarabüroo Uus Maa OÜ1 flat
What is your flat worth?
An estimate for a flat at Koidu tn 89 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| C | Koidu tn 1081957 · 34 flats | €43,784 | €78,408 | 2025 |
| C | Koidu tn 871952 · 33 flats | €0 | €85,436 | 2025 |
| A | Koidu tn 1041960 · 32 flats | €0 | €74,024 | 2025 |
| D | Tehnika tn 1271937 · 12 flats | €0 | €27,564 | 2025 |
| C | Tehnika tn 1231940 · 11 flats | €0 | €12,343 | 2025 |
| A | Koidu tn 1002011 · 21 flats | €0 | €7,194 | 2025 |
| C | Tehnika tn 1211940 · 11 flats | €21,618 | €3,276 | 2025 |
| C | Koidu tn 1141956 · 48 flats | €0 | €36,542 | 2025 |
Frequently asked questions
Does the association have a loan?
According to its 2025 report, the association has €69,066 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 €44,167.
When was the building built?
According to the building register, it was first used in 1957 and has 4 storeys.
Who is on the association's board?
According to the business register, the board members are Irina Tšikul, Kristiina Eliisa Michelson, Mats-Laes Nuter (board since 08.10.2024).
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.