Apartment association · Tallinn
Paide tn 11 apartment association
Tallinn, Paide tn 11 korteriühistu (registry code 80268679) manages a 2-storey reinforced-concrete building built in 1994 with 7 flats. According to its 2025 annual report, the association's long-term liabilities were €94,100 (€357 per m² of flat space) and it held €9,806 in cash. In 2021 long-term liabilities rose from €77,893 to €102,462 — usually a sign of a renovation.
Board
- ADAndrei Dovbnjaboard member4 years 3 months
- GVGerli Valgmaboard member8 years 9 months
- 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
- 1994
- Storeys
- 2
- Construction
- reinforced concrete
- Flats
- 7
- Lift
- no
- Heating
- stove
Compared with similar buildings: Tallinn, built 1989–1999, reinforced concrete (15 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.
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €94,100 | €13,453 | €9,806 | €11,408 | €0 |
| 2024 | €96,702 | €10,696 | €5,753 | €12,851 | €0 |
| 2023 | €98,973 | €10,606 | €6,565 | €14,331 | €0 |
| 2022 | €100,552 | €7,529 | €4,961 | €21,546 | €0 |
| 2021 | €102,462 | €5,076 | €2,421 | €44,667 | €0 |
| 2020 | €77,893 | €8,872 | €3,193 | €6,640 | €0 |
| 2019 | €82,615 | €16,100 | €7,426 | €98,515 | €0 |
Compared with similar buildings (Tallinn, built 1989–1999, reinforced concrete; 15 associations), long-term liabilities per m² of flat space are higher than 93% of them. The median for buildings with a loan is €11/m².
Flats in this building
No flat in this building has been for sale or rent in the last 12 months.
What is your flat worth?
An estimate for a flat at Paide tn 11 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| C | Paide tn 91925 · 10 flats | €0 | €7,224 | 2025 |
| – | Paide tn 10 | €0 | €6,284 | 2025 |
| A | Paide tn 72012 · 10 flats | €0 | €0 | 2025 |
| – | Hagudi tn 18 | no reports | ||
| – | Hagudi tn 141902 · 4 flats | no reports | ||
| – | Paide tn 171932 · 11 flats | €10,830 | €10,909 | 2020 |
| B | Paide tn 51994 · 21 flats | €230,818 | €55,881 | 2025 |
| – | Hagudi tn 24 | €0 | €6,908 | 2025 |
Frequently asked questions
Does the association have a loan?
According to its 2025 report, the association has €94,100 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 €9,806.
When was the building built?
According to the building register, it was first used in 1994 and has 2 storeys.
Who is on the association's board?
According to the business register, the board members are Andrei Dovbnja, Gerli Valgma (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.