Apartment association · Tallinn
Luise tn 4 apartment association
Tallinn, Luise tn 4 korteriühistu (registry code 80013074) manages a 4-storey brick building built in 1961 with 61 flats. According to its 2025 annual report, the association's long-term liabilities were €387,764 (€102 per m² of flat space) and it held €413,339 in cash. In 2021 long-term liabilities rose from €220,764 to €271,703 — usually a sign of a renovation.
Board
- PEPiret Essensonboard member1 year 11 months
- PLPriidik Lagemaaboard member8 years 5 months
- RÕRichard Õnnisboard member3 years 10 months
- VLVenno Loosaarboard member4 years 11 months
- House conditionaverage
- age, energy class and works done
- Loan affordabilitygood
- loan vs the association's annual income
- Cash bufferaverage
- cash next to the loan, 3-year average
- Managementaverage
- reports filed on time
Building
- Built
- 1961
- Storeys
- 4
- Construction
- brick
- Flats
- 61
- 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.
- Facadeplanned
- Roof
- Pipes
- Heating
- Ventilation
- Windows
- Wiring
- Stairwell
- Balconies
- Basement
- Entrance doors
- „Maja on hetkel ametlikus taotlusvoorus fassaadi ja tehnosüsteemide täielikuks renoveerimiseks.“ · ad of 1 flat
Compared with similar buildings: Tallinn, built 1956–1966, brick (370 associations).
Finances by year
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €387,764 | €9,716 | €413,339 | €45,463 | €0 |
| 2024 | €358,851 | €11,171 | €382,736 | €43,366 | €0 |
| 2023 | €328,518 | €12,839 | €338,405 | €52,923 | €0 |
| 2022 | €304,829 | €13,418 | €321,616 | €40,289 | €0 |
| 2021 | €271,703 | €14,476 | €287,234 | €21,848 | €0 |
| 2020 | €220,764 | €7,272 | €235,819 | €21,676 | €0 |
| 2019 | €169,826 | €7,314 | €183,145 | €44,590 | €0 |
Compared with similar buildings (Tallinn, built 1956–1966, brick; 370 associations), long-term liabilities per m² of flat space are higher than 85% of them. The median for buildings with a loan is €44/m².
Flats in this building
Over the last 12 months 2 flats have been for sale in this building, asking €4,197–€4,199 per m². 4 flats were offered for rent at €550–€825 a month.
Estate agents in Kassisaba · Flat prices in Kassisaba
Estate agents who have offered flats in this building
- Ave KruusKinnisvarabüroo Uus Maa OÜ1 flat
- Juri KristjuhanKVkapital OÜ1 flat
- Kätlin ValgmäeLindell Kinnisvara OÜ1 flat
What is your flat worth?
An estimate for a flat at Luise tn 4 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| C | Suur-Ameerika tn 351958 · 43 flats | €637,874 | €39,593 | 2025 |
| D | Suur-Ameerika tn 271940 · 10 flats | €5,190 | €7,017 | 2025 |
| B | Suur-Ameerika tn 35b1994 · 24 flats | €0 | €33,729 | 2025 |
| – | Suur-Ameerika tn 31a1994 · 1 flats | no reports | ||
| C | Kesk-Ameerika tn 1418 flats | €28,144 | €30,995 | 2025 |
| B | Kesk-Ameerika tn 72006 · 24 flats | €0 | €17,354 | 2025 |
| A | Toom-Kuninga tn 241936 · 10 flats | €45,235 | €7,384 | 2025 |
| A | Komeedi tn 41962 · 60 flats | €43,433 | €30,595 | 2025 |
Frequently asked questions
Does the association have a loan?
According to its 2025 report, the association has €387,764 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 €413,339.
When was the building built?
According to the building register, it was first used in 1961 and has 4 storeys.
Who is on the association's board?
According to the business register, the board members are Piret Essenson, Priidik Lagemaa, Richard Õnnis, Venno Loosaar (board since 25.04.2018).
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.