Apartment association · Keila linn

Linnuse tn 4 apartment association

Keila linn, Linnuse tn 4 korteriühistu (registry code 80298491) manages a 3-storey brick building built in 1939 with 11 flats. According to its 2025 annual report, the association's long-term liabilities were €24,255 (€38 per m² of flat space) and it held €3,986 in cash. In 2023 long-term liabilities rose from €6,797 to €27,850 — usually a sign of a renovation.

Board

  • EMEvelyn Manderboard member8 years 9 months
  • RSRene Saareboard member4 years 1 month
A
Association grade
A · very good
Keila linn: ranked 33 of 128 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
Managementgood
reports filed on time

Building

Built
1939
Storeys
3
Construction
brick
Flats
11
Lift
no
Heating
stove

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.

  • Facade2007
  • Roof2004
  • Pipes
  • Heating
  • Ventilation2007
  • Windows2007
  • Wiring
  • Stairwell
  • Balconies
  • Basement
  • Entrance doors2006
The ads say
  • „Maja seinad ja sokkel on soojustatud, paigaldatud värskeõhuklapid/ventilatsiooniavad (2007).“ · ad of 1 flat
  • „Katuse renoveerimine ja uue kattematerjali paigaldus (2004, lisatööd 2025).“ · ad of 1 flat
  • „Vahetatud koridoride ja keldrite aknad ning keldri välisuksed (2007).“ · ad of 1 flat
  • „Vahetatud trepikoja välisuksed (2006).“ · ad of 1 flat

Building page: Linnuse tn 4 →

Long-term liabilities
€24,255
as of 31.12.2025
Liabilities per m²
€38
similar buildings with a loan €19
Cash
€3,986
€6/m² · similar €14/m²
Income per m² a month
€0.66
similar buildings €1.08

Compared with similar buildings: Keila linn (128 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
6 €/m²20197 €/m²20209 €/m²202111 €/m²202244 €/m²new loan202339 €/m²202438 €/m²2025
similar buildings with a smaller loan (median)

Loan principal repayment is an estimated €0.24 per m² of flat space a month, about €12 a month for a 50 m² flat (interest not included) — less than 83% of associations repaying a loan. The median is €0.52 in Estonia and €0.64 in Keila linn. At the current pace the loan will be repaid around 2039.

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€24,255€2,549€3,986€4,988€0
2024€24,815€2,323€2,346€7,999€0
2023€27,850€30,988€32,001€7,636€0
2022€6,797€649€5,387€3,816€0
2021€5,949€542€5,143€2,733€0
2020€4,180€511€2,996€3,974€0
2019€3,550€1,623€1,663€7,178€0

Compared with similar buildings (Keila linn; 128 associations), long-term liabilities per m² of flat space are higher than 66% of them. The median for buildings with a loan is €59/m².

Flats in this building

Over the last 12 months 1 flat has been for sale in this building, asking €1,096–€1,096 per m².

Estate agents in Keila · Flat prices in Keila

Estate agents who have offered flats in this building

What is your flat worth?

An estimate for a flat at Linnuse tn 4 from similar homes — free and instant.

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
–Linnuse tn 536 flatsno reports
EJõe tn 51938 · 4 flats€0€4652025
–Jõe tn 2e1994 · 2 flatsno reports
–Koidu tn 61984 · 2 flatsno reports
BTuula tee 2e2023 · 13 flats€0€2,5092025
CTuula tee 31979 · 6 flats€77,951€6,1962025
CKalda tn 101980 · 12 flats€0€15,4112025
ATuula tee 2d2023 · 13 flats€0€11,4482025

Frequently asked questions

Does the association have a loan?

According to its 2025 report, the association has €24,255 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 €3,986.

When was the building built?

According to the building register, it was first used in 1939 and has 3 storeys.

Who is on the association's board?

According to the business register, the board members are Evelyn Mander, Rene Saare (board since 06.01.2018).

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.