Apartment association · Rakvere tn 20, Rakvere tn 20a, Rakvere tn 20b, Narva linn
Rakvere tn 20c apartment association
Narva linn, Rakvere tn 20, Rakvere tn 20a, Rakvere tn 20b, Rakvere tn 20c korteriühistu (registry code 80180335) manages a 3-storey brick building built in 1987 with 24 flats. According to its 2025 annual report, the association's long-term liabilities were €16,787 (€14 per m² of flat space) and it held €25,738 in cash. Long-term liabilities have fallen 78% since 2019.
Board
- ASAnastasia Shatskikhboard member8 years 4 months
- IPIrina Panfilovaboard member8 years 4 months
- JMJelena Missenjovaboard member8 years 4 months
- NKNiina Kokorevaboard member2 years 1 month
- TMTatiana Malakhovaboard member2 years 1 month
- 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
- 3
- Construction
- brick
- Flats
- 24
- Lift
- no
- Heating
- district heating
The association's buildings (4)
Rakvere tn 2018 flats, Rakvere tn 20a30 flats, Rakvere tn 20b24 flats, Rakvere tn 20c24 flats
Compared with similar buildings: Narva linn, built 1982–1992, brick (26 associations).
Finances by year
Loan principal repayment is an estimated €0.72 per m² of flat space a month, about €36 a month for a 50 m² flat (interest not included) — more than 70% of associations repaying a loan. The median is €0.52 in Estonia and €0.22 in Narva linn. At the current pace the loan will be repaid around 2027.
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €16,787 | €43,848 | €25,738 | €65,074 | -€19,505 |
| 2024 | €27,361 | €40,012 | €27,062 | €55,301 | -€16,177 |
| 2023 | €37,466 | €31,241 | €14,826 | €66,091 | -€14,627 |
| 2022 | €46,819 | €42,479 | €33,189 | €42,545 | -€14,947 |
| 2021 | €56,720 | €26,373 | €11,830 | €67,236 | -€14,154 |
| 2020 | €66,433 | €18,244 | €4,053 | €96,595 | -€14,397 |
| 2019 | €75,977 | €62,507 | €50,044 | €40,651 | -€9,860 |
Compared with similar buildings (Narva linn, built 1982–1992, brick; 26 associations), long-term liabilities per m² of flat space are higher than 96% of them. The median for buildings with a loan is €12/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 Rakvere tn 20c from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| D | Sepa tn 111958 · 8 flats | €1,933 | €3,367 | 2025 |
| E | Sepa tn 91959 · 8 flats | €0 | €2,570 | 2025 |
| D | Sepa tn 131945 · 8 flats | €0 | €457 | 2025 |
| C | Vestervalli tn 241960 · 7 flats | €32,249 | €4,578 | 2025 |
| D | Moonalao tn 91957 · 24 flats | €15,628 | €13,498 | 2025 |
| A | Karja tn 41963 · 27 flats | €18,429 | €19,891 | 2025 |
| D | Karja tn 51957 · 7 flats | €2,554 | €1,265 | 2025 |
| C | Rakvere tn 30a1989 · 55 flats | €0 | €23,859 | 2025 |
Frequently asked questions
Does the association have a loan?
According to its 2025 report, the association has €16,787 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 €25,738.
When was the building built?
According to the building register, it was first used in 1987 and has 3 storeys.
Who is on the association's board?
According to the business register, the board members are Anastasia Shatskikh, Irina Panfilova, Jelena Missenjova, Niina Kokoreva, Tatiana Malakhova (board since 28.05.2018).
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.