Apartment association · Narva linn

Rüütli tn 4 apartment association

Narva linn, Rüütli tn 4 korteriühistu (registry code 80025675) manages a 4-storey panel building built in 1965 with 32 flats. According to its 2025 annual report, the association's long-term liabilities were €44,293 (€33 per m² of flat space) and it held €3,814 in cash. In 2025 long-term liabilities rose from €0 to €44,293 — usually a sign of a renovation.

Board

B
Association grade
B · good
Narva linn: ranked 48 of 407 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 · professional manager

Building

Built
1965
Storeys
4
Construction
panel
Flats
32
Lift
no
Heating
district heating

Building page: Rüütli tn 4 →

Long-term liabilities
€44,293
as of 31.12.2025
Liabilities per m²
€33
similar buildings with a loan €23
Cash
€3,814
€3/m² · similar €6/m²
Income per m² a month
€1.42
similar buildings €1.13

Compared with similar buildings: Narva linn, built 1960–1970, panel (44 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
0 €/m²20190 €/m²20200 €/m²20210 €/m²20220 €/m²20230 €/m²202433 €/m²new loan2025
YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€44,293€9,275€3,814€22,673€6,570
2024€0€57,909€1,430€23,185€6,570
2023€0€60,953€4,039€24,359€4,870
2022€0€63,391€5,578€18,299€4,244
2021€0€57,036€2,485€19,228€3,790
2020€0€70,887€16,330€27,529€3,670
2019€0€57,874€1,158€15,015€3,616

Compared with similar buildings (Narva linn, built 1960–1970, panel; 44 associations), long-term liabilities per m² of flat space are higher than 91% of them. The median for buildings with a loan is €23/m².

Flats in this building

Over the last 12 months 1 flat has been for sale in this building, asking €564–€564 per m². 1 flat was offered for rent at €150 a month.

Estate agents in Vanalinn · Flat prices in Vanalinn

Estate agents who have offered flats in this building

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An estimate for a flat at Rüütli tn 4 from similar homes — free and instant.

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
CRüütli tn 61962 · 32 flats€0€2,5892025
BRüütli tn 21960 · 32 flats€66,335€22,3372025
CSuur tn 171960 · 32 flats€19,707€10,9982025
BSuur tn 191961 · 32 flats€1,751€1,1012025
CSuur tn 121963 · 32 flats€0€9,0682025
CVestervalli tn 141960 · 24 flats€22,409€20,5752025
CKraavi tn 101963 · 32 flats€0€21,4302025
BVestervalli tn 161960 · 24 flats€5,142€972025

Frequently asked questions

Does the association have a loan?

According to its 2025 report, the association has €44,293 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 €3,814.

When was the building built?

According to the building register, it was first used in 1965 and has 4 storeys.

Who is on the association's board?

According to the business register, the board members are Galina Elksninš, Konstantin Komarov, Mikhail Drapeza, Nikolai Lebedev (board since 07.01.2018).

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.