Apartment association · Tallinn

Majaka tn 47 apartment association

Tallinn, Majaka tn 47 korteriühistu (registry code 80223286) manages a 3-storey brick building built in 1948 with 8 flats. According to its 2024 annual report, the association's long-term liabilities were €0 and it held €2,021 in cash. The report shows no long-term liabilities.

Board

  • ESEliina Stafejevboard member8 months
  • HSHelen Soosaluboard member5 years
D
Association grade
D · below average
Tallinn: ranked 3742 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 per m², 3-year average
Managementweak
reports filed on time

Building

Built
1948
Storeys
3
Construction
brick
Flats
8
Lift
no
Heating
stove

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
The ads say
  • „Hoone on soojustatud ja katus vahetatud.“ · ad of 1 flat
Energy class
  • A
  • B
  • C
  • D
  • E
  • FF
  • G
  • H

Building page: Majaka tn 47 →

Long-term liabilities
€0
as of 31.12.2024
Cash
€2,021
€5/m² · similar €19/m²
Income per m² a month
€0.66
similar buildings €1.52

Compared with similar buildings: Tallinn, built 1943–1953, brick (125 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
5 €/m²20190 €/m²20200 €/m²20210 €/m²20220 €/m²20230 €/m²2024
similar buildings with a smaller loan (median)
YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2024€0€779€2,021€2,971€0
2023€0€3,483€4,182€2,529€0
2022€0€2,575€3,815€3,166€0
2021€0€2,558€4,855€2,200€0
2020€0€3,796€3,937€2,279€0
2019€1,911€5,383€3,801€2,666€0

Of similar buildings (Tallinn, built 1943–1953, brick; 125 associations), 42% have long-term liabilities; this association has none.

Flats in this building

Over the last 12 months 1 flat has been for sale in this building, asking €3,156–€3,156 per m².

Estate agents in Sikupilli · Flat prices in Sikupilli

Estate agents who have offered flats in this building

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
AMajaka tn 491940 · 12 flats€0€12,5852025
BMajaka tn 451940 · 8 flats€26,605€2,7212025
–Majaka tn 45a1965€0€02025
EMajaka tn 461949 · 13 flats€0€4,1652025
DMajaka tn 511964 · 8 flats€49,246€19,2972025
DMajaka tn 411949 · 8 flats€0€5,4502025
CMajaka tn 431961 · 24 flats€171,083€18,8722025
AMajaka tn 441940 · 10 flats€9,321€4,7242025

Frequently asked questions

Does the association have a loan?

The 2024 report shows no long-term liabilities.

How much cash does the association have?

At the end of 2024 the association held €2,021.

When was the building built?

According to the building register, it was first used in 1948 and has 3 storeys.

Who is on the association's board?

According to the business register, the board members are Eliina Stafejev, Helen Soosalu (board since 27.09.2021).

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, 2019–2024). Building: building register. Flats on offer: Leiamaakler.ee data from the property portals.