Apartment association · Tallinn
Nõmme tee 23 apartment association
Tallinn, Nõmme tee 23 korteriühistu (registry code 80268515) manages a 5-storey brick building built in 1973 with 72 flats. According to its 2025 annual report, the association's long-term liabilities were €398,814 (€127 per m² of flat space) and it held €52,032 in cash. Long-term liabilities have fallen 27% since 2019.
Board
- KKKristjan Krevaldboard member8 years 9 months
- KJKärt Jänesboard member1 year 4 months
- TKTaivo Kruuspanboard member8 years 9 months
- House conditiongood
- 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
- Built
- 1973
- Storeys
- 5
- Construction
- brick
- Flats
- 72
- Lift
- no
- Heating
- district heating
- Renovated
- yes
Works on the building
per the building register
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.
- „Maja on täielikult renoveeritud-madalad küttearved.“ · ad of 1 flat
- A
- B
- C
- D
- E
- FFvalid until 18.05.2027
- G
- H
Compared with similar buildings: Tallinn, built 1968–1978, brick (131 associations).
Finances by year
Loan principal repayment is an estimated €0.66 per m² of flat space a month, about €33 a month for a 50 m² flat (interest not included) — more than 65% 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 2042.
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €398,814 | €66,567 | €52,032 | €46,611 | €7,581 |
| 2024 | €427,515 | €52,266 | €42,882 | €53,030 | €4,788 |
| 2023 | €450,674 | €53,077 | €41,043 | €51,463 | €4,788 |
| 2022 | €466,513 | €65,136 | €46,955 | €34,661 | €4,788 |
| 2021 | €493,027 | €41,738 | €21,007 | €27,848 | €4,788 |
| 2020 | €520,140 | €33,560 | €14,511 | €30,509 | €4,788 |
| 2019 | €546,764 | €32,112 | €12,250 | €40,471 | €4,389 |
Compared with similar buildings (Tallinn, built 1968–1978, brick; 131 associations), long-term liabilities per m² of flat space are higher than 89% of them. The median for buildings with a loan is €63/m².
Flats in this building
Over the last 12 months 1 flat has been for sale in this building, asking €2,564–€2,564 per m². 3 flats were offered for rent at €430–€580 a month.
Estate agents in Lilleküla · Flat prices in Lilleküla
Estate agents who have offered flats in this building
- Hille TeibergArco Vara Kinnisvarabüroo OÜ1 flat
- Maksim MakejevArco Vara Kinnisvarabüroo OÜ1 flat
- Meeli JürgensonSamalinn OÜ1 flat
What is your flat worth?
An estimate for a flat at Nõmme tee 23 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| A | Vindi tn 18a1971 · 84 flats | €116,383 | €47,529 | 2025 |
| D | Tedre tn 361982 · 30 flats | €0 | €50,570 | 2025 |
| B | Nõmme tee 191980 · 107 flats | €278,036 | €51,126 | 2025 |
| B | Vindi tn 181974 · 91 flats | €0 | €57,740 | 2025 |
| B | Nõmme tee 30a2006 · 12 flats | €3,781 | €6,097 | 2025 |
| – | Vindi tn 16b | no reports | ||
| C | Tedre tn 352008 · 28 flats | €0 | €17,819 | 2025 |
| A | Tedre tn 332016 · 11 flats | €0 | €14,112 | 2025 |
Frequently asked questions
Does the association have a loan?
According to its 2025 report, the association has €398,814 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 €52,032.
When was the building built?
According to the building register, it was first used in 1973 and has 5 storeys.
Who is on the association's board?
According to the business register, the board members are Kristjan Krevald, Kärt Jänes, Taivo Kruuspan (board since 05.01.2018).
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.