Apartment association · Narva linn

Rakvere tn 89 apartment association

Narva linn, Rakvere tn 89 korteriühistu (registry code 80145528) manages a 5-storey block building built in 1971 with 85 flats. According to its 2025 annual report, the association's long-term liabilities were €0 and it held €61,904 in cash. The report shows no long-term liabilities.

Board

C
Association grade
C · average
Narva linn: ranked 115 of 407 graded associations.
House conditionweak
age, energy class and works done
Loan affordabilitygood
loan vs the association's annual income
Cash bufferaverage
cash per m², 3-year average
Managementgood
reports filed on time · professional manager

Building

Built
1971
Storeys
5
Construction
block
Flats
85
Lift
no
Heating
district heating

Building page: Rakvere tn 89 →

Long-term liabilities
€0
as of 31.12.2025
Cash
€61,904
€16/m² · similar €7/m²
Income per m² a month
€0.92
similar buildings €1.00

Compared with similar buildings: Narva linn, built 1966–1976 (114 associations).

Finances by year

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€0€19,601€61,904€42,659€11,091
2024€0€14,274€53,639€41,436€14,210
2023€0€12,141€45,514€36,613€14,763
2022€0€7,088€40,253€35,520€13,952
2021€0€8,833€31,971€34,967€12,305
2020€0€5,996€23,196€35,015€11,942
2019€0€5,723€10,534€35,393€6,840

Of similar buildings (Narva linn, built 1966–1976; 114 associations), 11% 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 €380–€450 per m².

Estate agents in Pähklimäe · Flat prices in Pähklimäe

Estate agents who have offered flats in this building

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
DKangelaste prospekt 171986 · 144 flats€0€38,1062025
DRakvere tn 851986 · 88 flats€0€16,6952025
CKangelaste prospekt 111982 · 90 flats€0€22,9102025
CKangelaste prospekt 191986 · 144 flats€0€17,1702025
BRakvere tn 731993 · 180 flats€17,940€102,0562025
CKangelaste prospekt 151987 · 90 flats€0€68,7322025
CKangelaste prospekt 91976 · 90 flats€0€46,3722025
CRakvere tn 361965 · 80 flats€0€95,6112025

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 €61,904.

When was the building built?

According to the building register, it was first used in 1971 and has 5 storeys.

Who is on the association's board?

According to the business register, the board members are Anželika Arusoo, Irina Nikolaeva, Jelena Gurjanova, Liubov Rogozina (board since 21.06.2022).

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.