Apartment association · Tallinn
Majaka tn 23 apartment association
Tallinn, Majaka tn 23 korteriühistu (registry code 80361947) manages a 5-storey brick building built in 1961 with 30 flats. According to its 2025 annual report, the association's long-term liabilities were €0 and it held €10,768 in cash. The report shows no long-term liabilities.
Board
- LNLiubov Nitsenkoboard member3 years 10 months
- SPSergei Petuhhboard member3 years 10 monthsalso: Lasnamäe tn 18, Linnamäe tee 85
- TOTatjana Ovtšinnikovaboard member3 years 10 months
- 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
Building
- Built
- 1961
- Storeys
- 5
- Construction
- brick
- Flats
- 30
- 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.
- Facade
- Roof
- Pipes
- Heating
- Ventilation
- Windows
- Wiring
- Stairwell
- Balconies
- Basement
- Entrance doors
- „Maja katus on vahetatud ja soojustatud“ · ads of 3 flats
- „vahetatud veetorustik“ · ads of 3 flats
- „ja elektrijuhtmestik“ · ads of 3 flats
- „Trepikojad on renoveeritud ja puhtad“ · ads of 3 flats
- „Välisuksed on vahetatud“ · ads of 3 flats
- A
- B
- C
- D
- E
- FFvalid until 07.07.2025
- G
- H
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 | €0 | €15,611 | €10,768 | €37,195 | €8,352 |
| 2024 | €0 | €21,318 | €12,256 | €76,289 | €8,160 |
| 2023 | €5,791 | €62,571 | €52,914 | €40,761 | €8,142 |
| 2022 | €12,281 | €61,764 | €56,596 | €23,839 | €2,745 |
| 2021 | €18,045 | €49,980 | €41,902 | €29,099 | €8,445 |
| 2020 | €24,838 | €39,087 | €37,188 | €23,093 | €8,384 |
| 2019 | €30,978 | €28,096 | €26,244 | €42,220 | €7,139 |
Of similar buildings (Tallinn, built 1956–1966, brick; 370 associations), 54% 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 €192–€1,935 per m². 14 flats were offered for rent at €200–€370 a month.
Estate agents in Sikupilli · Flat prices in Sikupilli
Estate agents who have offered flats in this building
- Anett ÕunKinnisvarabüroo Uus Maa OÜ3 flats
- Alla MetsaotsGoldberg KV OÜ1 flat
- Georgi HvitsiaSPC Kinnisvara OÜ1 flat
- Kristjan OinusEasyRentals OÜ1 flat
- Maarja MandelAS Ober-Haus Real Estate Advisors1 flat
- Sergey ZuevSPC Kinnisvara OÜ1 flat
What is your flat worth?
An estimate for a flat at Majaka tn 23 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| D | Majaka tn 271961 · 60 flats | €0 | €33,302 | 2025 |
| D | Majaka tn 251940 · 32 flats | €0 | €16,564 | 2025 |
| A | Pallasti tn 161997 · 65 flats | €0 | €36,619 | 2025 |
| C | Majaka tn 291950 · 12 flats | €0 | €45,294 | 2025 |
| C | Majaka tn 211961 · 32 flats | €0 | €44,980 | 2025 |
| A | Majaka tn 331987 · 60 flats | €45,640 | €36,526 | 2025 |
| – | Pallasti tn 211964 | no reports | ||
| B | Pallasti tn 231993 · 34 flats | €6,090 | €13,003 | 2025 |
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 €10,768.
When was the building built?
According to the building register, it was first used in 1961 and has 5 storeys.
Who is on the association's board?
According to the business register, the board members are Liubov Nitsenko, Sergei Petuhh, Tatjana Ovtšinnikova (board since 20.12.2022).
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.