Apartment association · Tallinn
Lätte tn 5 apartment association
Tallinn, Lätte tn 5 korteriühistu (registry code 80017240) manages a 3-storey brick building built in 1940 with 12 flats. According to its 2025 annual report, the association's long-term liabilities were €0 and it held €7,948 in cash. The report shows no long-term liabilities.
Board
- MUMaarja Unduskboard member8 years 9 months
- TKTiit Karuboard member8 years 9 months
- House conditionaverage
- age, energy class and works done
- Loan affordabilitygood
- loan vs the association's annual income
- Cash bufferaverage
- cash per m², 3-year average
- Managementgood
- reports filed on time
Building
- Built
- 1940
- Storeys
- 3
- Construction
- brick
- Flats
- 12
- Lift
- no
- Heating
- stove
- A
- B
- C
- DD
- E
- F
- G
- H
Compared with similar buildings: Tallinn, built 1935–1945, brick (176 associations).
Finances by year
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €0 | €10,009 | €7,948 | €15,755 | — |
| 2024 | €0 | €11,016 | €9,916 | €12,657 | — |
| 2023 | €0 | €14,452 | €9,865 | €8,859 | — |
| 2022 | €2,366 | €18,333 | €10,400 | €7,231 | — |
| 2021 | €6,903 | €17,156 | €10,319 | €7,816 | — |
| 2020 | €11,339 | €15,354 | €9,731 | €6,166 | — |
| 2019 | €15,648 | €11,202 | €5,470 | €6,811 | — |
Of similar buildings (Tallinn, built 1935–1945, brick; 176 associations), 46% have long-term liabilities; this association has none.
Flats in this building
No flat in this building has been for sale or rent in the last 12 months.
What is your flat worth?
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Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| C | Liivalaia tn 212005 · 54 flats | €0 | €80,015 | 2025 |
| D | Liivalaia tn 191929 · 8 flats | €3,848 | €5,889 | 2025 |
| C | Liivalaia tn 17 // Tatari tn 31 // 31a1856 · 12 flats | €86,145 | €3,709 | 2025 |
| – | Liivalaia tn 11 | €0 | €9,778 | 2025 |
| A | Liivalaia tn 261961 · 40 flats | €0 | €31,360 | 2025 |
| D | P. Süda tn 121940 · 9 flats | €0 | €20,236 | 2025 |
| – | P. Süda tn 141912 · 6 flats | no reports | ||
| B | Liivalaia tn 281952 · 59 flats | €0 | €120,701 | 2025 |
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 €7,948.
When was the building built?
According to the building register, it was first used in 1940 and has 3 storeys.
Who is on the association's board?
According to the business register, the board members are Maarja Undusk, Tiit Karu (board since 29.12.2017).
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.