Apartment association · Tallinn
Õle tn 37 apartment association
Tallinn, Õle tn 37 korteriühistu (registry code 80290733) manages a 3-storey wooden building built in 1940 with 12 flats. According to its 2025 annual report, the association's long-term liabilities were €12,111 (€32 per m² of flat space) and it held €10,666 in cash. Long-term liabilities have fallen 63% since 2019.
Board
- ANAivar Niglasboard member8 years 9 months
- IKIgor Klimenkoboard member8 years 9 months
- LMLiina Männiste-Tordikboard member5 years 6 months
- 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
- 1940
- Storeys
- 3
- Construction
- wood
- Flats
- 12
- 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
- „Majale on paigaldatud uus valtsplekkkatus.“ · ad of 1 flat
Compared with similar buildings: Tallinn, built 1935–1945, wood (198 associations).
Finances by year
Loan principal repayment is an estimated €0.76 per m² of flat space a month, about €38 a month for a 50 m² flat (interest not included) — more than 74% 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 2029.
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €12,111 | €16,234 | €10,666 | €9,878 | €0 |
| 2024 | €16,076 | €13,304 | €7,379 | €9,985 | €508 |
| 2023 | €19,715 | €10,316 | €5,513 | €11,147 | €706 |
| 2022 | €22,835 | €9,937 | €5,773 | €12,482 | €714 |
| 2021 | €26,001 | €11,490 | €7,870 | €22,191 | €510 |
| 2020 | €29,359 | €19,345 | €16,222 | €8,312 | €0 |
| 2019 | €32,586 | €16,738 | €11,710 | €8,354 | €0 |
Compared with similar buildings (Tallinn, built 1935–1945, wood; 198 associations), long-term liabilities per m² of flat space are higher than 75% of them. The median for buildings with a loan is €55/m².
Flats in this building
Over the last 12 months 1 flat has been for sale in this building, asking €3,549–€3,549 per m². 1 flat was offered for rent at €460 a month.
Estate agents in Pelgulinn · Flat prices in Pelgulinn
Estate agents who have offered flats in this building
- Jaanus RandmaArcus Kinnisvara OÜ1 flat
What is your flat worth?
An estimate for a flat at Õle tn 37 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| – | Roo tn 121948 · 8 flats | €6,105 | €9,565 | 2021 |
| E | Roo tn 171940 · 8 flats | €0 | €3,019 | 2024 |
| D | Roo tn 151938 · 9 flats | €5,513 | €9,386 | 2025 |
| D | Roo tn 101951 · 7 flats | €0 | €14,950 | 2025 |
| – | Roo tn 111931 · 8 flats | €0 | €5,278 | 2022 |
| D | Roo tn 81934 · 15 flats | €0 | €10,541 | 2025 |
| C | Roo tn 61940 · 9 flats | €0 | €6,775 | 2025 |
| C | Ristiku tn 171927 · 47 flats | €63,255 | €33,961 | 2025 |
Frequently asked questions
Does the association have a loan?
According to its 2025 report, the association has €12,111 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 €10,666.
When was the building built?
According to the building register, it was first used in 1940 and has 3 storeys.
Who is on the association's board?
According to the business register, the board members are Aivar Niglas, Igor Klimenko, Liina Männiste-Tordik (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.