Apartment association · Tallinn

Paldiski mnt 16 apartment association

Tallinn, Paldiski mnt 16 korteriühistu (registry code 80023133) manages a 9-storey brick building built in 1978 with 49 flats. According to its 2025 annual report, the association's long-term liabilities were €0 and it held €67,029 in cash. The report shows no long-term liabilities.

Board

  • AJArnold Järvboard member8 years 9 months
  • HVHenry Vürstboard member3 years 11 months
  • IBIrina Budrikboard member3 years 11 months
  • MTMarek Truuboard member5 years 8 months
  • TBTamara Basanskayaboard member5 years 8 months
C
Association grade
C · average
Tallinn: ranked 2771 of 4,374 graded associations.
House conditionaverage
age, energy class and works done
Loan affordabilitygood
loan vs the association's annual income
Cash buffergood
cash per m², 3-year average
Managementgood
reports filed on time

Building

Built
1978
Storeys
9
Construction
brick
Flats
49
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
  • Heatingplanned
  • Ventilation
  • Windows
  • Wiring
  • Stairwell
  • Balconies
  • Basement
  • Entrance doors
The ads say
  • „Lähiaastatel on plaanis küttesüsteemi uuendus koos reguleeritavate radiaatorite paigaldusega.“ · ad of 1 flat
Energy class
  • A
  • B
  • C
  • D
  • EE
  • F
  • G
  • H

Building page: Paldiski mnt 16 →

Long-term liabilities
€0
as of 31.12.2025
Cash
€67,029
€27/m² · similar €16/m²
Income per m² a month
€0.61
similar buildings €1.23

Compared with similar buildings: Tallinn, built 1973–1983, brick (98 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
24 €/m²20190 €/m²20200 €/m²20210 €/m²20220 €/m²20230 €/m²20240 €/m²2025
similar buildings with a smaller loan (median)
YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€0€73,820€67,029€17,933€5,203
2024€0€49,322€41,472€55,677€5,203
2023€0€71,502€62,552€46,614€4,488
2022€0€86,324€75,773€24,057€5,637
2021€0€86,591€73,269€15,536€8,632
2020€0€78,011€56,016€19,586€10,134
2019€58,411€14,584€49,463€37,785€10,846

Of similar buildings (Tallinn, built 1973–1983, brick; 98 associations), 50% have long-term liabilities; this association has none.

Flats in this building

Over the last 12 months 2 flats have been for sale in this building, asking €2,607–€2,899 per m². 3 flats were offered for rent at €500–€550 a month.

Estate agents in Kelmiküla · Flat prices in Kelmiküla

Estate agents who have offered flats in this building

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An estimate for a flat at Paldiski mnt 16 from similar homes — free and instant.

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
CRoopa tn 101994 · 14 flats€0€3,9602025
CVillardi tn 5b1911 · 4 flats€20,827€3612024
CRoopa tn 81994 · 10 flats€0€5,7602025
CVillardi tn 41936 · 9 flats€0€40,8082025
ARoopa tn 12 // 12a // 12b1994 · 6 flats€9,320€34,5472025
BRoopa tn 42011 · 16 flats€0€2,4202025
–Koidu tn 25€12,814€9,6632023
CWismari tn 47a2021 · 8 flats€0€2,2992025

Frequently asked questions

Does the association have a loan?

The 2025 report shows no long-term liabilities.

How much cash does the association have?

At the end of 2025 the association held €67,029.

When was the building built?

According to the building register, it was first used in 1978 and has 9 storeys.

Who is on the association's board?

According to the business register, the board members are Arnold Järv, Henry Vürst, Irina Budrik, Marek Truu, Tamara Basanskaya (board since 29.12.2017).

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.