Apartment association · Narva linn

Kreenholmi tn 38a apartment association

Narva linn, Kreenholmi tn 38a korteriühistu (registry code 80175953) manages a 5-storey brick building built in 1970 with 43 flats. According to its 2025 annual report, the association's long-term liabilities were €84,041 (€43 per m² of flat space) and it held €16,432 in cash. Long-term liabilities have fallen 23% since 2019.

Board

  • IKIrina Kiselevaboard member8 years 9 months
  • JGJelena Gulevskajaboard member8 years 9 months
  • OMOksana Mikheevaboard member8 years 9 months
  • VKVladislav Koljuhhinboard member8 years 9 monthsalso: Rakvere tn 36
C
Association grade
C · average
Narva linn: ranked 146 of 407 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
1970
Storeys
5
Construction
brick
Flats
43
Lift
no
Heating
district heating

Works on the building

Source: sale ads for flats in this building. These are sellers' and brokers' claims that we have not verified, and they may be inaccurate or incomplete. The association's board can confirm the facts.

  • Facade
  • Roof
  • Pipes
  • Heating
  • Ventilation
  • Windows
  • Wiring
  • Stairwell
  • Balconies
  • Basement
  • Entrance doors
The ads say
  • „Maja fassaad on täielikult renoveeritud!“ · ad of 1 flat

Building page: Kreenholmi tn 38a →

Long-term liabilities
€84,041
as of 31.12.2025
Liabilities per m²
€43
similar buildings with a loan €6
Cash
€16,432
€8/m² · similar €7/m²
Income per m² a month
€0.71
similar buildings €1.03

Compared with similar buildings: Narva linn, built 1965–1975, brick (76 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
56 €/m²201954 €/m²202052 €/m²202149 €/m²202247 €/m²202346 €/m²202443 €/m²2025
similar buildings with a smaller loan (median)

Loan principal repayment is an estimated €0.17 per m² of flat space a month, about €9 a month for a 50 m² flat (interest not included) — less than 89% of associations repaying a loan. The median is €0.52 in Estonia and €0.22 in Narva linn. At the current pace the loan will be repaid around 2047.

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€84,041€7,614€16,432€16,548€5,607
2024€88,421€7,112€12,658€14,928€5,395
2023€92,135€6,139€13,597€14,697€5,395
2022€95,734€5,235€17,209€14,029€5,395
2021€100,205€4,257€14,976€13,793€5,395
2020€104,665€3,912€34,776€13,960€7,059
2019€109,012€7,048€6,719€13,874€8,117

Compared with similar buildings (Narva linn, built 1965–1975, brick; 76 associations), long-term liabilities per m² of flat space are higher than 99% of them. The median for buildings with a loan is €6/m².

Flats in this building

Over the last 12 months 1 flat has been for sale in this building, asking €330–€330 per m².

Estate agents in Kreenholm · Flat prices in Kreenholm

Estate agents who have offered flats in this building

What is your flat worth?

An estimate for a flat at Kreenholmi tn 38a from similar homes — free and instant.

Value your flat

Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
DKreenholmi tn 301970 · 84 flats€0€13,8822025
CKreenholmi tn 331970 · 45 flats€0€38,3472025
DKreenholmi tn 371970 · 45 flats€0€13,0382025
CKreenholmi tn 291970 · 45 flats€0€10,6622025
BKreenholmi tn 30a1970 · 45 flats€0€8,8882025
DKreenholmi tn 421971 · 110 flats€0€33,9922025
BJuuli tn 11975 · 90 flats€16,246€27,0972025
DKreenholmi tn 311969 · 90 flats€0€71,2292025

Frequently asked questions

Does the association have a loan?

According to its 2025 report, the association has €84,041 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 €16,432.

When was the building built?

According to the building register, it was first used in 1970 and has 5 storeys.

Who is on the association's board?

According to the business register, the board members are Irina Kiseleva, Jelena Gulevskaja, Oksana Mikheeva, Vladislav Koljuhhin (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.