Apartment association · Tallinn

Laulu tn 3a apartment association

Tallinn, Laulu tn 3a korteriühistu (registry code 80460038) manages a 2-storey brick building built in 1964 with 16 flats. According to its 2024 annual report, the association's long-term liabilities were €0 and it held €13,535 in cash. The report shows no long-term liabilities.

Board

  • MKMeelis Kinguboard member1 year 10 months
  • ÜLÜlle Leisboard member5 years 7 months
E
Association grade
E · weak
Tallinn: ranked 4095 of 4,374 graded associations.
House conditionweak
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
1964
Storeys
2
Construction
brick
Flats
16
Lift
no
Heating
stove
Energy class
  • A
  • B
  • C
  • D
  • E
  • FFvalid until 25.02.2035
  • G
  • H

Building page: Laulu tn 3a →

Long-term liabilities
€0
as of 31.12.2024
Cash
€13,535
€25/m² · similar €19/m²
Income per m² a month
€1.97
similar buildings €1.40

Compared with similar buildings: Tallinn, built 1959–1969, brick (341 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
6 €/m²20192 €/m²20200 €/m²20210 €/m²20220 €/m²20230 €/m²2024
similar buildings with a smaller loan (median)
YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2024€0€14,232€13,535€12,916€0
2023€0€10,575€8,884€11,601€0
2022€0€7,588€6,834€9,124€0
2021€0€6,659€4,206€20,286€0
2020€1,133€7,765€6,063€11,523€0
2019€3,350€6,917€4,880€10,126€0

Of similar buildings (Tallinn, built 1959–1969, brick; 341 associations), 52% 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.

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
–Laulu tn 3bno reports
–Laulu tn 31946 · 2 flatsno reports
–Vabaduse pst 1431957 · 8 flatsno reports
–Vabaduse pst 143b1961 · 4 flats€0€5,8332021
–Vabaduse pst 1411946 · 2 flatsno reports
–Sulevi tn 1a1961 · 4 flatsno reports
–Sulevi tn 1b1961 · 4 flatsno reports
–Vabaduse pst 1391961 · 4 flatsno reports

Frequently asked questions

Does the association have a loan?

The 2024 report shows no long-term liabilities.

How much cash does the association have?

At the end of 2024 the association held €13,535.

When was the building built?

According to the building register, it was first used in 1964 and has 2 storeys.

Who is on the association's board?

According to the business register, the board members are Meelis Kingu, Ülle Leis (board since 23.02.2021).

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, 2019–2024). Building: building register. Flats on offer: Leiamaakler.ee data from the property portals.