Apartment association · Tallinn

Narva mnt 128 apartment association

Tallinn, Narva mnt 128 korteriühistu (registry code 80321698) manages a 9-storey reinforced-concrete building built in 2004 with 91 flats. According to its 2025 annual report, the association's long-term liabilities were €94,199 (€14 per m² of flat space) and it held €90,870 in cash.

Board

  • IIIrina Ivanovaboard member8 years 9 months
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
Managementaverage
reports filed on time

Building

Built
2004
Storeys
9
Construction
reinforced concrete
Flats
91
Lift
yes
Heating
stove
Energy class
  • A
  • B
  • C
  • D
  • EE
  • F
  • G
  • H

Building page: Narva mnt 128 →

Long-term liabilities
€94,199
as of 31.12.2025
Liabilities per m²
€14
similar buildings with a loan €11
Cash
€90,870
€13/m² · similar €11/m²
Income per m² a month
€2.53
similar buildings €1.38

Compared with similar buildings: Tallinn, built 1999–2009, reinforced concrete (141 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
9 €/m²201911 €/m²202012 €/m²202112 €/m²202214 €/m²202314 €/m²202414 €/m²2025
similar buildings with a smaller loan (median)

Loan principal repayment is an estimated €0.05 per m² of flat space a month, about €3 a month for a 50 m² flat (interest not included) — less than 97% 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 2048.

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€94,199€24,058€90,870€208,837€25,797
2024€98,505€25,856€96,903€197,181€22,716
2023€93,212€26,075€80,546€212,774€22,810
2022€85,506€32,479€76,248€217,020€19,082
2021€81,292€26,496€79,447€175,184€19,179
2020€73,178€17,409€85,656€131,581€12,187
2019€61,874€12,837€64,859€138,102€16,294

Compared with similar buildings (Tallinn, built 1999–2009, reinforced concrete; 141 associations), long-term liabilities per m² of flat space are higher than 85% of them. The median for buildings with a loan is €15/m².

Flats in this building

Over the last 12 months 6 flats have been for sale in this building, asking €3,027–€5,038 per m². 4 flats were offered for rent at €600–€1,100 a month.

Estate agents in Kurepõllu · Flat prices in Kurepõllu

Estate agents who have offered flats in this building

What is your flat worth?

An estimate for a flat at Narva mnt 128 from similar homes — free and instant.

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
AVõidujooksu tn 1dVõidujooksu tn 12014 · 32 flats€0€8,5462025
AKuristiku tn 11999 · 17 flats€11,146€8,1812025
BLiikuri tn 5b2021 · 46 flats€0€11,4722025
ALiikuri tn 72019 · 59 flats€0€12,1822025
CLiikuri tn 52020 · 59 flats€0€6,8602025
CLiikuri tn 141990 · 53 flats€215,052€1,9822025
BJoa tn 92018 · 30 flats€0€10,9242024
ALiikuri tn 161991 · 54 flats€98,333€155,0952025

Frequently asked questions

Does the association have a loan?

According to its 2025 report, the association has €94,199 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 €90,870.

When was the building built?

According to the building register, it was first used in 2004 and has 9 storeys.

Who is on the association's board?

According to the business register, the board members are Irina Ivanova (board since 06.01.2018).

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.