Apartment association · Paldiski mnt 189, Paldiski mnt 191, Paldiski mnt 193, Paldiski mnt 195, Tallinn

Paldiski mnt 197 apartment association

Tallinn, Paldiski mnt 189, Paldiski mnt 191, Paldiski mnt 193, Paldiski mnt 195, Paldiski mnt 197 korteriühistu (registry code 80064014) manages a 5-storey panel building built in 1976 with 29 flats. According to its 2025 annual report, the association's long-term liabilities were €31,852 (€21 per m² of flat space) and it held €390,714 in cash. Long-term liabilities have fallen 60% since 2019.

Board

  • APAnu Palmboard member8 years 8 months
  • EVErko Vaksboard member8 years 8 months
  • JNJulia Novodevitšenski von Jungboard member5 years 10 months
C
Association grade
C · average
Tallinn: ranked 3213 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
1976
Storeys
5
Construction
panel
Flats
29
Lift
no
Heating
district heating
Energy class
  • A
  • B
  • C
  • D
  • EE
  • F
  • G
  • H

The association's buildings (5)

Paldiski mnt 18930 flats, Paldiski mnt 19130 flats, Paldiski mnt 19329 flats, Paldiski mnt 19530 flats, Paldiski mnt 19730 flats

Long-term liabilities
€31,852
as of 31.12.2025
Liabilities per m²
€21
similar buildings with a loan €9
Cash
€390,714
€260/m² · similar €15/m²
Income per m² a month
€2.90
similar buildings €1.00

Compared with similar buildings: Tallinn, built 1971–1981, panel (357 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
53 €/m²201948 €/m²202043 €/m²202138 €/m²202232 €/m²202327 €/m²202421 €/m²2025
similar buildings with a smaller loan (median)

Loan principal repayment is an estimated €0.45 per m² of flat space a month, about €23 a month for a 50 m² flat (interest not included) — about average for 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.

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€31,852€324,654€390,714€52,395€27,207
2024€40,274€287,067€351,621€52,373€25,802
2023€48,490€251,399€305,420€51,636€25,093
2022€56,515€213,712€257,188€51,852€24,772
2021€64,356€174,977€217,472€127,352€24,784
2020€72,013€210,113€249,021€87,155€24,949
2019€79,790€220,405€254,435€67,877€24,891

Compared with similar buildings (Tallinn, built 1971–1981, panel; 357 associations), long-term liabilities per m² of flat space are higher than 86% of them. The median for buildings with a loan is €15/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 Paldiski mnt 197 from similar homes — free and instant.

Value your flat

Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
DÕismäe tee 1111976 · 30 flats€48,272€44,1582025
CPaldiski mnt 1871976 · 60 flats€0€34,6252025
DÕismäe tee 1131977 · 20 flats€0€18,8242025
–Paldiski mnt 219a1996€0€99,5982025
BÕismäe tee 117 // 119 // 1211976 · 60 flats€0€143,7212025
AÕismäe tee 113a1977 · 20 flats€100,645€10,5142025
BÕismäe tee 1231976 · 30 flats€13,440€19,5272025
BPaldiski mnt 1851976 · 40 flats€0€65,8712025

Frequently asked questions

Does the association have a loan?

According to its 2025 report, the association has €31,852 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 €390,714.

When was the building built?

According to the building register, it was first used in 1976 and has 5 storeys.

Who is on the association's board?

According to the business register, the board members are Anu Palm, Erko Vaks, Julia Novodevitšenski von Jung (board since 25.01.2018).

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.