Apartment association · Paldiski linn, Lääne-Harju vald

Rae tn 29 apartment association

Lääne-Harju vald, Paldiski linn, Rae tn 29 korteriühistu (registry code 80182179) manages a 5-storey block building built in 1987 with 69 flats. According to its 2025 annual report, the association's long-term liabilities were €191,267 (€58 per m² of flat space) and it held €38,673 in cash. In 2025 long-term liabilities rose from €85,425 to €191,267 — usually a sign of a renovation.

Board

  • IRIrina Rassadinovaboard member8 years 1 month
  • OKOksana Kitšiginaboard member8 years 1 month
  • SZSergei Zarinboard member8 years 1 month
B
Association grade
B · good
Lääne-Harju vald: ranked 37 of 138 graded associations.
House conditionaverage
age, energy class and works done
Loan affordabilitygood
loan vs the association's annual income
Cash buffergood
cash next to the loan, 3-year average
Managementgood
reports filed on time

Building

Built
1987
Storeys
5
Construction
block
Flats
69
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.

  • Facadeplanned
  • Roofplanned
  • Pipes
  • Heating
  • Ventilation
  • Windows
  • Wiring
  • Stairwellplanned
  • Balconies
  • Basement
  • Entrance doors
The ads say
  • „Majas on vahetatud vee- ja kanalisatsioonitorustikud“ · ads of 3 flats
  • „Korteris ja kogu kortermajas on uued radiaatorid regulaatoritega“ · ads of 2 flats
  • „renoveeritud on katus ja rõdud ning vee- ja kanalisatsiooni püstakud ja küttesüsteem“ · ad of 1 flat
  • „Järgnevate töödena on plaanitud otsaseinte ja katuse soojustamine ja koridoride renoveerimine“ · ad of 1 flat
Energy class
  • A
  • B
  • C
  • DD
  • E
  • F
  • G
  • H

Building page: Rae tn 29 →

Long-term liabilities
€191,267
as of 31.12.2025
Liabilities per m²
€58
similar buildings with a loan €20
Cash
€38,673
€12/m² · similar €10/m²
Income per m² a month
€4.18
similar buildings €1.25

Compared with similar buildings: Lääne-Harju vald, built 1982–1992, block (19 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
11 €/m²20194 €/m²20200 €/m²202117 €/m²new loan202216 €/m²202326 €/m²new loan202458 €/m²new loan2025

Loan principal repayment is an estimated €0.06 per m² of flat space a month, about €3 a month for a 50 m² flat (interest not included) — less than 97% of associations repaying a loan. The median is €0.52 in Estonia and €0.45 in Lääne-Harju vald.

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€191,267€76,931€38,673€164,621€16,424
2024€85,425€72,727€41,758€125,060€16,036
2023€53,064€14,919€35,299€37,086€15,805
2022€55,428€16,109€33,769€24,138€15,320
2021€0€78,791€28,367€37,103€15,082
2020€14,146€95,543€34,509€22,939€13,968
2019€35,162€99,862€6,407€45,413€9,956

Compared with similar buildings (Lääne-Harju vald, built 1982–1992, block; 19 associations), long-term liabilities per m² of flat space are higher than 89% of them. The median for buildings with a loan is €20/m².

Flats in this building

Over the last 12 months 10 flats have been for sale in this building, asking €412–€1,240 per m². 7 flats were offered for rent at €170–€700 a month.

Estate agents who have offered flats in this building

What is your flat worth?

An estimate for a flat at Rae tn 29 from similar homes — free and instant.

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
AMuuli tn 3Paldiski linn1993 · 75 flats€88,881€25,2502025
BRae tn 42Paldiski linn1970 · 74 flats€0€4,7732025
ARae tn 27Paldiski linn1987 · 55 flats€16,691€9,1902025
CRae tn 31Paldiski linn1987 · 80 flats€0€21,7282025
BMuuli tn 1Paldiski linn1961 · 75 flats€0€63,5482025
APeetri tn 30Paldiski linn1993 · 30 flats€0€46,3222025
ARae tn 40Paldiski linn1987 · 80 flats€0€62,3142025
ARae tn 44Paldiski linn1987 · 85 flats€0€133,7552025

Frequently asked questions

Does the association have a loan?

According to its 2025 report, the association has €191,267 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 €38,673.

When was the building built?

According to the building register, it was first used in 1987 and has 5 storeys.

Who is on the association's board?

According to the business register, the board members are Irina Rassadinova, Oksana Kitšigina, Sergei Zarin (board since 03.09.2018).

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.