Apartment association · Tallinn

Lätte tn 3 apartment association

Tallinn, Lätte tn 3 korteriühistu (registry code 80119519) manages a 4-storey brick building built in 1949 with 12 flats. According to its 2025 annual report, the association's long-term liabilities were €0 and it held €42,443 in cash. The report shows no long-term liabilities.

Board

  • IPIvari Padarboard member3 years 3 months
  • JSJaanus Sakkisboard member3 months
  • MTMarko Teichmannboard member5 years 4 months
D
Association grade
D · below average
Tallinn: ranked 3605 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 per m², 3-year average
Managementaverage
reports filed on time

Building

Built
1949
Storeys
4
Construction
brick
Flats
12
Lift
no
Heating
district heating

Building page: Lätte tn 3 →

Long-term liabilities
€0
as of 31.12.2025
Cash
€42,443
€48/m² · similar €19/m²
Income per m² a month
€2.95
similar buildings €1.52

Compared with similar buildings: Tallinn, built 1944–1954, brick (138 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
1 €/m²20190 €/m²202037 €/m²new loan202125 €/m²202247 €/m²20230 €/m²20240 €/m²2025
similar buildings with a smaller loan (median)
YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€0€44,517€42,443€31,476—
2024€0€55,456€54,893€11,126—
2023€41,419€2,707€42,580€13,861—
2022€22,142€2,691€31,551€31,448—
2021€32,578€2,789€43,531€22,130—
2020€0€3,152€33,750€20,703—
2019€647€10,193€30,160€19,639—

Of similar buildings (Tallinn, built 1944–1954, brick; 138 associations), 43% have long-term liabilities; this association has none.

Flats in this building

3 flats were offered for rent at €620–€670 a month.

Estate agents in Tatari · Flat prices in Tatari

Estate agents who have offered flats in this building

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
ATatari tn 29Tatari tn 272004 · 18 flats€14,688€28,6202025
CLiivalaia tn 212005 · 54 flats€0€80,0152025
DLiivalaia tn 191929 · 8 flats€3,848€5,8892025
CLiivalaia tn 17 // Tatari tn 31 // 31a1856 · 12 flats€86,145€3,7092025
–Liivalaia tn 11€0€9,7782025
AP. Süda tn 1111 flats€0€9,9182025
ALiivalaia tn 261961 · 40 flats€0€31,3602025
BLiivalaia tn 281952 · 59 flats€0€120,7012025

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 €42,443.

When was the building built?

According to the building register, it was first used in 1949 and has 4 storeys.

Who is on the association's board?

According to the business register, the board members are Ivari Padar, Jaanus Sakkis, Marko Teichmann (board since 18.06.2021).

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.