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
C
Association grade
C · average
Tallinn: ranked 2429 of 4,374 graded associations.
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
Energy class
  • A
  • B
  • C
  • D
  • E
  • FF
  • G
  • H

Building page: Koidu tn 89 →

Long-term liabilities
€69,066
as of 31.12.2025
Liabilities per m²
€35
similar buildings with a renovation loan €167
Cash
€44,167
€22/m² · similar €15/m²
Income per m² a month
€1.57
similar buildings €1.57

Compared with similar buildings: Tallinn, built 1952–1962, panel (47 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
84 €/m²201976 €/m²202067 €/m²202159 €/m²202249 €/m²202342 €/m²202435 €/m²2025
similar buildings with a renovation loan (median)

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.

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour 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

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
CKoidu tn 1081957 · 34 flats€43,784€78,4082025
CKoidu tn 871952 · 33 flats€0€85,4362025
AKoidu tn 1041960 · 32 flats€0€74,0242025
DTehnika tn 1271937 · 12 flats€0€27,5642025
CTehnika tn 1231940 · 11 flats€0€12,3432025
AKoidu tn 1002011 · 21 flats€0€7,1942025
CTehnika tn 1211940 · 11 flats€21,618€3,2762025
CKoidu tn 1141956 · 48 flats€0€36,5422025

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.