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
C
Association grade
C · average
Tallinn: ranked 3213 of 4,374 graded associations.
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
Energy class
  • A
  • B
  • C
  • D
  • EE
  • F
  • G
  • H

Building page: Mahtra tn 2 →

Long-term liabilities
€67,540
as of 31.12.2025
Liabilities per m²
€24
similar buildings with a loan €10
Cash
€86,000
€31/m² · similar €12/m²
Income per m² a month
€0.37
similar buildings €0.95

Compared with similar buildings: Tallinn, built 1978–1988, panel (397 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
18 €/m²201920 €/m²202023 €/m²202118 €/m²202221 €/m²202321 €/m²202424 €/m²2025
similar buildings with a smaller loan (median)

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.

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour 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

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An estimate for a flat at Mahtra tn 2 from similar homes — free and instant.

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
CMahtra tn 81982 · 30 flats€50,982€3,3462025
DMahtra tn 41982 · 72 flats€0€34,1442025
AMahtra tn 101983 · 60 flats€0€66,2122025
BMahtra tn 61982 · 108 flats€0€54,2672025
CMahtra tn 141982 · 72 flats€0€32,0362025
BMahtra tn 161982 · 108 flats€0€175,9602025
BMahtra tn 121982 · 80 flats€0€13,6662025
BKivila tn 20 // 221983 · 45 flats€100,572€102,2312025

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.