Apartment association · Tallinn
Salme tn 49 apartment association
Tallinn, Salme tn 49 korteriühistu (registry code 80231438) manages a 2-storey wooden building built in 1946 with 8 flats. According to its 2024 annual report, the association's long-term liabilities were €6,274 (€30 per m² of flat space) and it held €5,071 in cash.
Board
- ISIndrek Sinisaarboard member8 years 9 monthsalso: Raba tn 19, Sitsi tn 16
- TSTammo Sumeraboard member6 years 9 months
- 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
- Managementaverage
- reports filed on time
Building
- Built
- 1946
- Storeys
- 2
- Construction
- wood
- Flats
- 8
- Lift
- no
- Heating
- stove
Compared with similar buildings: Tallinn, built 1941–1951, wood (152 associations).
Finances by year
Loan principal repayment is an estimated €0.62 per m² of flat space a month, about €31 a month for a 50 m² flat (interest not included) — more than 61% of associations repaying a loan. The median is €0.52 in Estonia and €0.51 in Tallinn. At the current pace the loan will be repaid around 2029.
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2024 | €6,274 | €1,257 | €5,071 | €1,828 | €0 |
| 2023 | €1,048 | €1,466 | €1,203 | €4,637 | €0 |
| 2022 | €0 | €1,948 | €706 | €6,949 | €0 |
| 2021 | €1,556 | €1,500 | €2,780 | €9,375 | €0 |
| 2020 | €6,602 | €984 | €4,405 | €3,825 | €0 |
| 2019 | €1,233 | €911 | €2,739 | €4,849 | €0 |
Compared with similar buildings (Tallinn, built 1941–1951, wood; 152 associations), long-term liabilities per m² of flat space are higher than 74% of them. The median for buildings with a loan is €49/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 Salme tn 49 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| C | Graniidi tn 161925 · 12 flats | €48,121 | €19,094 | 2025 |
| A | Kalevi tn 246 flats | €0 | €26,496 | 2025 |
| – | Graniidi tn 151946 · 9 flats | no reports | ||
| A | Kalevi tn 221890 · 8 flats | €0 | €29,935 | 2025 |
| C | Graniidi tn 181961 · 11 flats | €3,300 | €11,176 | 2025 |
| A | Kalevi tn 17 // Linda tn 132023 · 4 flats | €0 | €1,183 | 2025 |
| D | Kalevi tn 181880 · 15 flats | €0 | €10,902 | 2025 |
| A | Valgevase tn 4 // 4a1930 · 12 flats | €0 | €11,730 | 2025 |
Frequently asked questions
Does the association have a loan?
According to its 2024 report, the association has €6,274 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 2024 the association held €5,071.
When was the building built?
According to the building register, it was first used in 1946 and has 2 storeys.
Who is on the association's board?
According to the business register, the board members are Indrek Sinisaar, Tammo Sumera (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, 2019–2024). Building: building register. Flats on offer: Leiamaakler.ee data from the property portals.