Apartment association · Narva linn

Madise tn 10 apartment association

Narva linn, Madise tn 10 korteriühistu (registry code 80183960) manages a 4-storey brick building built in 1961 with 32 flats. According to its 2025 annual report, the association's long-term liabilities were €0 and it held €12,682 in cash. The report shows no long-term liabilities.

Board

C
Association grade
C · average
Narva linn: ranked 90 of 407 graded associations.
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 · professional manager

Building

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

Building page: Madise tn 10 →

Long-term liabilities
€0
as of 31.12.2025
Cash
€12,682
€11/m² · similar €7/m²
Income per m² a month
€0.88
similar buildings €1.04

Compared with similar buildings: Narva linn, built 1956–1966, brick (96 associations).

Finances by year

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€0€6,452€12,682€11,611€1,490
2024€0€5,772€8,135€9,101€1,276
2023€0€4,429€8,019€9,594€1,460
2022€0€3,283€7,333€7,527€1,117
2021€0€3,314€10,914€8,807€2,077
2020€0€2,414€6,309€7,945€1,355
2019€0€2,359€5,182€8,904€1,171

Of similar buildings (Narva linn, built 1956–1966, brick; 96 associations), 25% have long-term liabilities; this association has none.

Flats in this building

Over the last 12 months 2 flats have been for sale in this building, asking €271–€765 per m². 1 flat was offered for rent at €150 a month.

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Estate agents who have offered flats in this building

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
DMadise tn 81961 · 32 flats€0€17,3602025
AA. Puškini tn 51960 · 70 flats€0€23,9112025
EMadise tn 61961 · 44 flats€0€1,1292025
DMadise tn 9Madise tn 71961 · 32 flats€0€23,3822025
DMasina tn 31961 · 44 flats€0€10,5292025
CA. Puškini tn 91957 · 40 flats€0€24,2462025
DMadise tn 51960 · 32 flats€0€19,7132025
AA. Puškini tn 31949 · 12 flats€0€8,9482025

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 €12,682.

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 Jelena Monahhova, Tatjana Savina (board since 07.01.2018).

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.