Apartment association · Tallinn

Mustamäe tee 78 apartment association

Tallinn, Mustamäe tee 78 korteriühistu (registry code 80100945) manages a 9-storey panel building with 72 flats. According to its 2025 annual report, the association's long-term liabilities were €283,353 (€72 per m² of flat space) and it held €20,367 in cash. In 2025 long-term liabilities rose from €179,432 to €283,353 — usually a sign of a renovation.

Board

  • IGInga Gechanskajaboard member4 months
  • IZInga-Moonika Zgudadzeboard member8 years 9 months
  • KVKerli Valdreboard member8 years 9 months
  • VPViktor Petersonboard member8 years 9 monthsalso: Tedre tn 51
  • VMVitali Mihhailovboard member6 years
B
Association grade
B · good
Tallinn: ranked 1699 of 4,374 graded associations.
House conditionaverage
age, energy class and works done
Loan affordabilitygood
loan vs the association's annual income
Cash buffergood
cash next to the loan, 3-year average
Managementgood
reports filed on time

Building

Storeys
9
Construction
panel
Flats
72
Lift
yes
Heating
district heating

Building page: Mustamäe tee 78 →

Long-term liabilities
€283,353
as of 31.12.2025
Liabilities per m²
€72
similar buildings with a renovation loan €90
Cash
€20,367
€5/m² · similar €14/m²
Income per m² a month
€2.90
similar buildings €1.27

Compared with similar buildings: Tallinn (4374 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
61 €/m²201958 €/m²202054 €/m²202151 €/m²202248 €/m²202345 €/m²202472 €/m²new loan2025
similar buildings with a renovation loan (median)

Loan principal repayment is an estimated €0.25 per m² of flat space a month, about €13 a month for a 50 m² flat (interest not included) — less than 82% 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 2049.

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€283,353€36,660€20,367€137,465€11,216
2024€179,432€30,569€16,982€20,246€11,216
2023€191,738€34,886€17,676€20,388€11,477
2022€202,915€33,641€16,610€36,760€10,304
2021€214,701€38,848€17,171€14,962€9,570
2020€228,876€26,285€9,414€27,983€9,653
2019€242,120€31,307€16,769€14,258€9,737

Compared with similar buildings (Tallinn; 4374 associations), long-term liabilities per m² of flat space are higher than 89% of them. The median for buildings with a loan is €36/m².

Flats in this building

Over the last 12 months 1 flat has been for sale in this building, asking €2,402–€2,402 per m². 3 flats were offered for rent at €490–€550 a month.

Estate agents in Kadaka · Flat prices in Kadaka

Estate agents who have offered flats in this building

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An estimate for a flat at Mustamäe tee 78 from similar homes — free and instant.

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
AMustamäe tee 801973 · 72 flats€13,664€21,7082025
BAiandi tn 32008 · 77 flats€0€211,4022025
BMustamäe tee 1471969 · 216 flats€310,975€80,9602025
BAiandi tn 62008 · 54 flats€0€30,3662025
AMustamäe tee 821973 · 144 flats€0€112,2232025
CMustamäe tee 1451969 · 30 flats€0€27,3152025
CAiandi tn 52022 · 99 flats€0€19,0942025
DMustamäe tee 1531963 · 30 flats€484,838€8,8132025

Frequently asked questions

Does the association have a loan?

According to its 2025 report, the association has €283,353 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 €20,367.

Who is on the association's board?

According to the business register, the board members are Inga Gechanskaja, Inga-Moonika Zgudadze, Kerli Valdre, Viktor Peterson, Vitali Mihhailov (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.