Apartment association · Tallinn
Õle tn 39 apartment association
Tallinn, Õle tn 39 korteriühistu (registry code 80282343) manages a 3-storey log building built in 1912 with 8 flats. According to its 2025 annual report, the association's long-term liabilities were €56,046 (€189 per m² of flat space) and it held €10,803 in cash. In 2021 long-term liabilities rose from €0 to €72,914 — usually a sign of a renovation.
Board
- IVIllimar Vahtrasboard member8 years 9 months
- KTKristjan Tõnisteboard member8 years 9 months
- House conditiongood
- age, energy class and works done
- Loan affordabilityaverage
- loan vs the association's annual income
- Cash bufferaverage
- cash next to the loan, 3-year average
- Managementaverage
- reports filed on time
Building
- Built
- 1912
- Storeys
- 3
- Construction
- log
- 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.
- „Puitmaja, ehitusaasta 1912, renoveeritud“ · ads of 2 flats
Compared with similar buildings: Tallinn, built 1907–1917, log (22 associations).
Finances by year
Loan principal repayment is an estimated €1.18 per m² of flat space a month, about €59 a month for a 50 m² flat (interest not included) — more than 91% 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 2039.
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €56,046 | €13,480 | €10,803 | €4,427 | €3,186 |
| 2024 | €60,901 | €12,800 | €9,560 | €4,607 | €3,002 |
| 2023 | €65,363 | €13,340 | €8,064 | €4,424 | €3,002 |
| 2022 | €69,003 | €12,387 | €7,423 | €4,424 | €2,912 |
| 2021 | €72,914 | €9,422 | €6,551 | €22,432 | €2,756 |
| 2020 | €0 | €17,118 | €20,958 | €6,382 | €3,003 |
| 2019 | €0 | €15,619 | €19,533 | €5,000 | €1,960 |
Compared with similar buildings (Tallinn, built 1907–1917, log; 22 associations), long-term liabilities per m² of flat space are higher than 86% of them. The median for buildings with a loan is €93/m².
Flats in this building
3 flats were offered for rent at €389–€879 a month.
Estate agents in Pelgulinn · Flat prices in Pelgulinn
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An estimate for a flat at Õle tn 39 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| – | Roo tn 141937 · 8 flats | €10,001 | €5,056 | 2021 |
| – | Härjapea tn 251940 · 4 flats | no reports | ||
| – | Roo tn 121948 · 8 flats | €6,105 | €9,565 | 2021 |
| E | Roo tn 171940 · 8 flats | €0 | €3,019 | 2024 |
| C | Härjapea tn 25a2020 · 10 flats | €0 | €2,649 | 2024 |
| D | Roo tn 151938 · 9 flats | €5,513 | €9,386 | 2025 |
| D | Roo tn 101951 · 7 flats | €0 | €14,950 | 2025 |
| E | Õle tn 5a1918 · 9 flats | €13,457 | €8,534 | 2024 |
Frequently asked questions
Does the association have a loan?
According to its 2025 report, the association has €56,046 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 €10,803.
When was the building built?
According to the building register, it was first used in 1912 and has 3 storeys.
Who is on the association's board?
According to the business register, the board members are Illimar Vahtras, Kristjan Tõniste (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.