Apartment association · Tallinn
Retke tee 28 apartment association
Tallinn, Retke tee 28 korteriühistu (registry code 80216895) manages a 5-storey panel building built in 1971 with 119 flats. According to its 2025 annual report, the association's long-term liabilities were €0 and it held €97,411 in cash. The report shows no long-term liabilities.
Board
- AMArtur Maiorovboard member8 years 9 months
- TLTiit Luupboard member8 years 9 months
- House conditionaverage
- 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
Building
- Built
- 1971
- Storeys
- 5
- Construction
- panel
- Flats
- 119
- 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
- Heating
- Ventilation
- Windows
- Wiring
- Stairwell
- Balconies
- Basement
- Entrance doors
- „Renoveerimise käigus korrastatud katus ja uuendatud küttesüsteem“ · ads of 2 flats
- „Välja on vahetatud vee- ja kanalisatsioonitorud, püstakud ning samuti on täiesti uus elektrijuhtmestik.“ · ad of 1 flat
- „paigaldatud on kahekordsed pakettaknad, mis tagavad hea soojapidavuse ja vaikuse“ · ad of 1 flat
Compared with similar buildings: Tallinn, built 1966–1976, panel (350 associations).
Finances by year
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €0 | €123,945 | €97,411 | €46,803 | €12,954 |
| 2024 | €0 | €104,009 | €81,454 | €30,757 | €12,638 |
| 2023 | €0 | €72,305 | €47,585 | €158,088 | €13,144 |
| 2022 | €0 | €135,095 | €111,570 | €31,490 | €16,123 |
| 2021 | €0 | €116,520 | €96,187 | €27,013 | €11,183 |
| 2020 | €0 | €105,174 | €86,001 | €21,472 | €12,158 |
| 2019 | €7,991 | €90,429 | €68,200 | €25,331 | €11,370 |
Of similar buildings (Tallinn, built 1966–1976, panel; 350 associations), 39% have long-term liabilities; this association has none.
Flats in this building
Over the last 12 months 4 flats have been for sale in this building, asking €2,500–€3,850 per m². 4 flats were offered for rent at €450–€500 a month.
Estate agents in Mustamäe · Flat prices in Mustamäe
Estate agents who have offered flats in this building
- Argo ArusooKinnisvarabüroo Uus Maa OÜ1 flat
- Kadri AllasteRaid & Ko OÜ1 flat
- Maria - Kristina SarapikBrokerStreet1 flat
- Ronald NermannHarju Maja OÜ1 flat
What is your flat worth?
An estimate for a flat at Retke tee 28 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| B | Retke tee 261970 · 89 flats | €351,365 | €79,129 | 2025 |
| – | Retke tee 26a1972 | €0 | €40,254 | 2025 |
| B | Retke tee 241970 · 60 flats | €0 | €76,611 | 2025 |
| B | Retke tee 301988 · 143 flats | €82,173 | €258,497 | 2025 |
| A | Retke tee 221970 · 70 flats | €0 | €232,234 | 2025 |
| B | J. Sütiste tee 151971 · 60 flats | €16,998 | €47,462 | 2025 |
| – | Retke tee 31984 | €0 | €27,589 | 2025 |
| – | Retke tee 141971 · 40 flats | no reports | ||
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 €97,411.
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 Artur Maiorov, Tiit Luup (board since 05.01.2018).
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.