Apartment association · Tallinn

Kotka tn 40 apartment association

Tallinn, Kotka tn 40 korteriühistu (registry code 80461502) manages a 3-storey stone building built in 1949 with 9 flats. According to its 2025 annual report, the association's long-term liabilities were €0 and it held €2,994 in cash. The report shows no long-term liabilities.

Board

  • MOMonika Orpusboard member7 years 6 months
E
Association grade
E · weak
Tallinn: ranked 4257 of 4,374 graded associations.
House conditionweak
age, energy class and works done
Loan affordabilitygood
loan vs the association's annual income
Cash bufferaverage
cash per m², 3-year average
Managementaverage
reports filed on time

Building

Built
1949
Storeys
3
Construction
stone
Flats
9
Lift
no
Heating
stove

Building page: Kotka tn 40 →

Long-term liabilities
€0
as of 31.12.2025
Cash
€2,994
€10/m² · similar €21/m²
Income per m² a month
€2.39
similar buildings €1.39

Compared with similar buildings: Tallinn, built 1944–1954 (375 associations).

Finances by year

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€0€3,787€2,994€8,430€0
2024€0€3,638€3,110€5,786€0
2023€0€2,395€1,009€11,975€0
2022€0€7,901€6,671€5,069€0
2021€0€7,013€5,077€3,485€0
2020€0€4,713€3,101€7,849€0
2019€0€6,818€4,352€2,381€0

Of similar buildings (Tallinn, built 1944–1954; 375 associations), 40% have long-term liabilities; this association has none.

Flats in this building

Over the last 12 months 2 flats have been for sale in this building, asking €2,761–€3,422 per m².

Estate agents in Tondi · Flat prices in Tondi

Estate agents who have offered flats in this building

What is your flat worth?

An estimate for a flat at Kotka tn 40 from similar homes — free and instant.

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
APardi tn 41939 · 9 flats€0€19,4582025
EKotka tn 361941 · 8 flats€138,446€3,2962025
CPardi tn 39 flats€72,911€2,0482025
ARähni tn 51946 · 8 flats€0€56,8792025
DPardi tn 51917 · 8 flats€0€11,3862025
AKotka tn 341940 · 8 flats€12,445€1,9872025
CTondi tn 24a1994 · 18 flats€40,992€17,8182025
BRähni tn 121947 · 8 flats€0€4,6702025

Frequently asked questions

Does the association have a loan?

The 2025 report shows no long-term liabilities.

How much cash does the association have?

At the end of 2025 the association held €2,994.

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 Monika Orpus (board since 01.04.2019).

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.