Apartment association · Tallinn
Mahtra tn 2 apartment association
Tallinn, Mahtra tn 2 korteriühistu (registry code 80167139) manages a 5-storey panel building built in 1983 with 81 flats. According to its 2025 annual report, the association's long-term liabilities were €67,540 (€24 per m² of flat space) and it held €86,000 in cash.
Board
- AKAlexey Kushevboard member8 years 9 months
- ABAlla Batovaboard member8 years 9 months
- JKJulia Krasulinaboard member8 years 9 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
- Managementgood
- reports filed on time
Building
- Built
- 1983
- Storeys
- 5
- Construction
- panel
- Flats
- 81
- Lift
- no
- Heating
- district heating
- A
- B
- C
- D
- EE
- F
- G
- H
Compared with similar buildings: Tallinn, built 1978–1988, panel (397 associations).
Finances by year
Loan principal repayment is an estimated €0.37 per m² of flat space a month, about €19 a month for a 50 m² flat (interest not included) — less than 69% of associations repaying a loan. The median is €0.52 in Estonia and €0.51 in Tallinn. At the current pace the loan will be repaid around 2031.
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €67,540 | €12,892 | €86,000 | €12,261 | €7,431 |
| 2024 | €59,282 | €12,423 | €77,992 | €18,525 | €6,580 |
| 2023 | €57,308 | €13,247 | €73,298 | €14,251 | €6,566 |
| 2022 | €51,086 | €13,028 | €65,347 | €32,664 | €6,566 |
| 2021 | €63,329 | €12,425 | €74,838 | €12,179 | €6,572 |
| 2020 | €55,071 | €7,906 | €63,673 | €16,537 | €3,417 |
| 2019 | €51,162 | €7,312 | €58,153 | €11,408 | €3,087 |
Compared with similar buildings (Tallinn, built 1978–1988, panel; 397 associations), long-term liabilities per m² of flat space are higher than 91% of them. The median for buildings with a loan is €14/m².
Flats in this building
Over the last 12 months 1 flat has been for sale in this building, asking €3,137–€3,137 per m².
Estate agents in Mustakivi · Flat prices in Mustakivi
Estate agents who have offered flats in this building
- Anatoli AmbroziAmbrozi OÜ1 flat
What is your flat worth?
An estimate for a flat at Mahtra tn 2 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| C | Mahtra tn 81982 · 30 flats | €50,982 | €3,346 | 2025 |
| D | Mahtra tn 41982 · 72 flats | €0 | €34,144 | 2025 |
| A | Mahtra tn 101983 · 60 flats | €0 | €66,212 | 2025 |
| B | Mahtra tn 61982 · 108 flats | €0 | €54,267 | 2025 |
| C | Mahtra tn 141982 · 72 flats | €0 | €32,036 | 2025 |
| B | Mahtra tn 161982 · 108 flats | €0 | €175,960 | 2025 |
| B | Mahtra tn 121982 · 80 flats | €0 | €13,666 | 2025 |
| B | Kivila tn 20 // 221983 · 45 flats | €100,572 | €102,231 | 2025 |
Frequently asked questions
Does the association have a loan?
According to its 2025 report, the association has €67,540 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 €86,000.
When was the building built?
According to the building register, it was first used in 1983 and has 5 storeys.
Who is on the association's board?
According to the business register, the board members are Alexey Kushev, Alla Batova, Julia Krasulina (board since 30.12.2017).
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.