Apartment association · Tallinn

Madala tn 28 apartment association

Tallinn, Madala tn 28 korteriühistu (registry code 80176351) manages a 4-storey block building built in 1961 with 32 flats. According to its 2025 annual report, the association's long-term liabilities were €0 and it held €47,078 in cash. The report shows no long-term liabilities.

Board

C
Association grade
C · average
Tallinn: ranked 2429 of 4,374 graded associations.
House conditionaverage
age, energy class and works done
Loan affordabilitygood
loan vs the association's annual income
Cash buffergood
cash per m², 3-year average
Managementgood
reports filed on time

Building

Built
1961
Storeys
4
Construction
block
Flats
32
Lift
no
Heating
district heating
Energy class
  • A
  • B
  • C
  • D
  • EE
  • F
  • G
  • H

Building page: Madala tn 28 →

Long-term liabilities
€0
as of 31.12.2025
Cash
€47,078
€42/m² · similar €16/m²
Income per m² a month
€0.92
similar buildings €1.31

Compared with similar buildings: Tallinn, built 1956–1966, block (84 associations).

Finances by year

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€0€43,000€47,078€12,442€8,155
2024€0€33,220€36,900€11,762€7,914
2023€0€30,871€33,611€10,372€7,973
2022€0€30,333€32,276€15,683€6,220
2021€0€33,535€37,280€9,037€3,826
2020€0€24,318€29,559€17,507€6,755
2019€0€22,582€27,590€16,435€7,093

Of similar buildings (Tallinn, built 1956–1966, block; 84 associations), 45% 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
BMadala tn 261961 · 32 flats€33,368€44,8352025
DMadala tn 301961 · 32 flats€0€40,3242025
CMadala tn 151969 · 90 flats€0€100,1692025
AMadala tn 241959 · 32 flats€27,384€17,2942025
ALõime tn 311960 · 32 flats€107,125€3,7152025
ALõime tn 291960 · 32 flats€10,361€9,3782025
CRandla tn 161961 · 44 flats€0€38,5702025
BLõime tn 271960 · 32 flats€0€28,5362025

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 €47,078.

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 Olga Kovaleva, Valentyna Klimenko, Vjatšeslav Tšertkov (board since 31.12.2017).

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.