Apartment association · Tallinn

Lasnamäe tn 42 apartment association

Tallinn, Lasnamäe tn 42 korteriühistu (registry code 80126258) manages a 4-storey block building built in 1952 with 48 flats. According to its 2025 annual report, the association's long-term liabilities were €9,023 (€4 per m² of flat space) and it held €28,883 in cash. In 2023 long-term liabilities rose from €1,170 to €27,340 — usually a sign of a renovation.

Board

  • AGAleksandr Guzenkoboard member3 years 11 months
  • DMDina Martinovitšboard member2 years 2 months
  • GKGalina Karuzinaboard member8 years 9 monthsalso: Juhkentali tn 52
  • LSLjubov Solntsevaboard member8 years 9 months
  • RIRoman Ismagilovboard member2 years 2 months
A
Association grade
A · very good
Tallinn: ranked 329 of 4,374 graded associations.
House conditiongood
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
1952
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.

  • Facade
  • Roof
  • Pipes
  • Heating
  • Ventilation
  • Windows
  • Wiring
  • Stairwell
  • Balconies
  • Basement
  • Entrance doors
The ads say
  • „Maja heas seisukorras, otsaseinte soojustamine tehtud, katus uuendatud, soojussõlm renoveeritud, torud, küttesüsteem, trepikoja uksed ja aknad vahetatud.“ · ad of 1 flat
  • „Puhas remonditud trepikoda, korralikud rahulikud naabrid.“ · ad of 1 flat
Energy class
  • A
  • B
  • C
  • D
  • EE
  • F
  • G
  • H

Building page: Lasnamäe tn 42 →

Long-term liabilities
€9,023
as of 31.12.2025
Liabilities per m²
€4
similar buildings with a loan €20
Cash
€28,883
€14/m² · similar €17/m²
Income per m² a month
€1.18
similar buildings €1.47

Compared with similar buildings: Tallinn, built 1947–1957 (273 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
3 €/m²20192 €/m²20201 €/m²20211 €/m²202214 €/m²new loan20239 €/m²20244 €/m²2025
similar buildings with a smaller loan (median)

Loan principal repayment is an estimated €0.37 per m² of flat space a month, about €19 a month for a 50 m² flat (interest not included) — less than 68% 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 2027.

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€9,023€34,648€28,883€28,388€0
2024€18,440€27,810€22,248€28,105€2,619
2023€27,340€21,627€15,436€121,337€9,485
2022€1,170€60,553€61,372€17,116€9,192
2021€2,682€46,704€47,686€17,369€8,396
2020€4,156€33,505€37,270€16,125€8,356
2019€5,585€25,922€28,909€24,531€8,146

Compared with similar buildings (Tallinn, built 1947–1957; 273 associations), long-term liabilities per m² of flat space are higher than 56% of them. The median for buildings with a loan is €39/m².

Flats in this building

1 flat was offered for rent at €400 a month.

Estate agents in Sikupilli · Flat prices in Sikupilli

Estate agents who have offered flats in this building

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An estimate for a flat at Lasnamäe tn 42 from similar homes — free and instant.

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
CPallasti tn 471987 · 29 flats€5,587€9,1992025
ALasnamäe tn 401987 · 48 flats€0€18,2072025
CPallasti tn 451987 · 29 flats€0€46,4192025
CLasnamäe tn 381987 · 48 flats€0€40,1322025
DPallasti tn 431982 · 29 flats€0€35,9822025
DLasnamäe tn 361987 · 48 flats€0€02024
APallasti tn 422012 · 12 flats€0€5,8982025
BPallasti tn 401987 · 30 flats€0€30,3522025

Frequently asked questions

Does the association have a loan?

According to its 2025 report, the association has €9,023 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 €28,883.

When was the building built?

According to the building register, it was first used in 1952 and has 4 storeys.

Who is on the association's board?

According to the business register, the board members are Aleksandr Guzenko, Dina Martinovitš, Galina Karuzina, Ljubov Solntseva, Roman Ismagilov (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.