Apartment association · Tallinn

Lasnamäe tn 40 apartment association

Tallinn, Lasnamäe tn 40 korteriühistu (registry code 80059198) manages a 4-storey block building built in 1987 with 48 flats. According to its 2025 annual report, the association's long-term liabilities were €0 and it held €18,207 in cash. The report shows no long-term liabilities.

Board

  • ASAndrey Savchukboard member8 years 9 months
  • MLMargus Lillepuuboard member1 year 2 months
  • VKViktor Kasperboard member7 years 2 months
A
Association grade
A · very good
Tallinn: ranked 677 of 4,374 graded associations.
House conditiongood
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
1987
Storeys
4
Construction
block
Flats
48
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.

The building has been fully renovated
  • Facade
  • Roof
  • Pipes
  • Heating
  • Ventilation
  • Windows
  • Wiring
  • Stairwell
  • Balconies
  • Basement
  • Entrance doors
The ads say
  • „Tegemist on renoveeritud kortermajaga, s.h. katus, tehnosüsteemid.“ · ad of 1 flat
  • „soojustatud maja otsaseinad“ · ad of 1 flat
  • „Renoveeritud on katus ja trepikojad“ · ads of 2 flats
  • „vahetatud vee- ja kanalisatsioonipüstakud“ · ads of 2 flats
  • „uuendatud küttesüsteem“ · ads of 2 flats
  • „paigaldatud uued trepikoja uksed“ · ad of 1 flat
Energy class
  • A
  • B
  • C
  • D
  • EE
  • F
  • G
  • H

Building page: Lasnamäe tn 40 →

Long-term liabilities
€0
as of 31.12.2025
Cash
€18,207
€9/m² · similar €12/m²
Income per m² a month
€2.00
similar buildings €0.98

Compared with similar buildings: Tallinn, built 1982–1992, block (15 associations).

Finances by year

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€0€27,103€18,207€48,035€0
2024€0€39,474€28,662€35,786€0
2023€0€24,366€14,095€29,632€0
2022€0€16,859€4,509€57,258€0
2021€0€50,590€38,826€21,918€0
2020€0€38,949€32,046€21,876€0
2019€0€27,771€20,763€23,969€4,385

Of similar buildings (Tallinn, built 1982–1992, block; 15 associations), 40% have long-term liabilities; this association has none.

Flats in this building

Over the last 12 months 3 flats have been for sale in this building, asking €2,480–€3,298 per m². 1 flat was offered for rent at €550 a month.

Estate agents in Sikupilli · Flat prices in Sikupilli

Estate agents who have offered flats in this building

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
CLasnamäe tn 381987 · 48 flats€0€40,1322025
ALasnamäe tn 421952 · 48 flats€9,023€28,8832025
CPallasti tn 471987 · 29 flats€5,587€9,1992025
DLasnamäe tn 361987 · 48 flats€0€02024
CPallasti tn 451987 · 29 flats€0€46,4192025
CLasnamäe tn 341964 · 48 flats€58,090€20,9622025
DPallasti tn 431982 · 29 flats€0€35,9822025
BPallasti tn 401987 · 30 flats€0€30,3522025

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 €18,207.

When was the building built?

According to the building register, it was first used in 1987 and has 4 storeys.

Who is on the association's board?

According to the business register, the board members are Andrey Savchuk, Margus Lillepuu, Viktor Kasper (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.