Apartment association · Tallinn

Laevastiku tn 15 apartment association

Tallinn, Laevastiku tn 15 korteriühistu (registry code 80132046) manages a 2-storey brick building built in 1961 with 8 flats. According to its 2025 annual report, the association's long-term liabilities were €5,743 (€14 per m² of flat space) and it held €11,016 in cash. Long-term liabilities have fallen 73% since 2019.

Board

  • JRJelizaveta Rozenfeldboard member8 years 9 months
  • VŠValentina Šatskajaboard member8 years 9 months
D
Association grade
D · below average
Tallinn: ranked 3742 of 4,374 graded associations.
House conditionweak
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
Managementaverage
reports filed on time

Building

Built
1961
Storeys
2
Construction
brick
Flats
8
Lift
no
Heating
stove

Building page: Laevastiku tn 15 →

Long-term liabilities
€5,743
as of 31.12.2025
Liabilities per m²
€14
similar buildings with a loan €17
Cash
€11,016
€28/m² · similar €18/m²
Income per m² a month
€0.35
similar buildings €1.43

Compared with similar buildings: Tallinn, built 1956–1966, brick (370 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
53 €/m²201947 €/m²202041 €/m²202134 €/m²202228 €/m²202322 €/m²202414 €/m²2025
similar buildings with a smaller loan (median)

Loan principal repayment is an estimated €0.54 per m² of flat space a month, about €27 a month for a 50 m² flat (interest not included) — about average for 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 2028.

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€5,743€4,579€11,016€1,648—
2024€8,640€2,827€9,961€1,980—
2023€10,946€2,949€8,951€2,190—
2022€13,564€2,636€8,281€4,166—
2021€16,093€2,530€8,852€2,242—
2020€18,535€2,427€7,924€1,833—
2019€20,890€2,333€6,912€5,770—

Compared with similar buildings (Tallinn, built 1956–1966, brick; 370 associations), long-term liabilities per m² of flat space are higher than 56% of them. The median for buildings with a loan is €44/m².

Flats in this building

1 flat was offered for rent at €500 a month.

Estate agents in Põhja-Tallinn · Flat prices in Põhja-Tallinn

Estate agents who have offered flats in this building

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An estimate for a flat at Laevastiku tn 15 from similar homes — free and instant.

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
CLaevastiku tn 181994 · 8 flats€0€30,7582025
CLaevastiku tn 131961 · 8 flats€9,217€3,9722025
ELaevastiku tn 161961 · 31 flats€0€02024
DLaevastiku tn 111961 · 8 flats€0€19,6252025
DLaevastiku tn 141961 · 23 flats€0€79,7932025
BLaevastiku tn 91961 · 8 flats€0€10,6872025
CLaevastiku tn 71961 · 8 flats€0€5,0032025
CLaevastiku tn 121961 · 8 flats€12,409€19,6562025

Frequently asked questions

Does the association have a loan?

According to its 2025 report, the association has €5,743 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 €11,016.

When was the building built?

According to the building register, it was first used in 1961 and has 2 storeys.

Who is on the association's board?

According to the business register, the board members are Jelizaveta Rozenfeld, Valentina Šatskaja (board since 30.12.2017).

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.