Apartment association · Tallinn

Pae tn 23a apartment association

Tallinn, Pae tn 23a korteriühistu (registry code 80184787) manages a 5-storey block building built in 1968 with 184 flats. According to its 2025 annual report, the association's long-term liabilities were €112,985 (€43 per m² of flat space) and it held €2,270 in cash.

Board

  • DLDina Lebedevaboard member6 years 11 months
  • LKLjubov Kazantsevaboard member8 years 9 months
  • VMValentin Martjanovboard member8 years 9 monthsalso: Linnamäe tee 11, Mahtra tn 30
D
Association grade
D · below average
Tallinn: ranked 3483 of 4,374 graded associations.
House conditionaverage
age, energy class and works done
Loan affordabilitygood
loan vs the association's annual income
Cash bufferaverage
cash next to the loan, 3-year average
Managementaverage
reports filed on time

Building

Built
1968
Storeys
5
Construction
block
Flats
184
Lift
no
Heating
district heating

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
The ads say
  • „Maja heas korras, fassaad soojustatud.“ · ad of 1 flat

Building page: Pae tn 23a →

Long-term liabilities
€112,985
as of 31.12.2025
Liabilities per m²
€43
similar buildings with a loan €37
Cash
€2,270
€1/m² · similar €14/m²
Income per m² a month
€1.38
similar buildings €1.21

Compared with similar buildings: Tallinn, built 1963–1973, block (42 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
37 €/m²201934 €/m²202029 €/m²202125 €/m²202230 €/m²202337 €/m²202443 €/m²2025
similar buildings with a smaller loan (median)

Loan principal repayment is an estimated €0.32 per m² of flat space a month, about €16 a month for a 50 m² flat (interest not included) — less than 75% 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 2037.

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€112,985€17,798€2,270€43,005€25,695
2024€94,822€18,087€807€35,415€20,700
2023€77,118€15,856€1,229€41,096€23,564
2022€66,163€35,603€3,278€50,064€24,927
2021€76,003€43,796€1,654€65,400€24,622
2020€88,456€35,647€1,953€48,264€28,258
2019€95,953€38,616€2,420€63,034€23,467

Compared with similar buildings (Tallinn, built 1963–1973, block; 42 associations), long-term liabilities per m² of flat space are higher than 83% of them. The median for buildings with a loan is €37/m².

Flats in this building

Over the last 12 months 9 flats have been for sale in this building, asking €2,393–€4,195 per m². 9 flats were offered for rent at €230–€350 a month.

Estate agents in Sikupilli · Flat prices in Sikupilli

Estate agents who have offered flats in this building

What is your flat worth?

An estimate for a flat at Pae tn 23a from similar homes — free and instant.

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
CPae tn 251954 · 53 flats€0€11,0752025
–Paepargi tn 50€0€48,8952025
APae tn 231970 · 105 flats€0€123,1112025
CPae tn 271961 · 8 flats€0€5252025
APaepargi tn 43Paepargi tn 422018 · 33 flats€0€17,4362025
CPae tn 421987 · 45 flats€0€22,9692025
APaepargi tn 49Paepargi tn 482015 · 60 flats€0€30,4232025
APaepargi tn 39Paepargi tn 382019 · 31 flats€0€7,1782025

Frequently asked questions

Does the association have a loan?

According to its 2025 report, the association has €112,985 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 €2,270.

When was the building built?

According to the building register, it was first used in 1968 and has 5 storeys.

Who is on the association's board?

According to the business register, the board members are Dina Lebedeva, Ljubov Kazantseva, Valentin Martjanov (board since 31.12.2017).

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.