Apartment association · Tallinn

Soo tn 40 apartment association

Tallinn, Soo tn 40 korteriühistu (registry code 80387326) manages a 3-storey reinforced-concrete building built in 2014 with 14 flats. According to its 2024 annual report, the association's long-term liabilities were €0 and it held €11,777 in cash. The report shows no long-term liabilities.

Board

  • ALAlex Luikboard member5 months
  • MMMagnus Martinsonboard member4 years
  • MKMikk Kärnerboard member5 months
D
Association grade
D · below average
Tallinn: ranked 4017 of 4,374 graded associations.
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
Managementweak
reports filed on time

Building

Built
2014
Storeys
3
Construction
reinforced concrete
Flats
14
Heating
stove
Energy class
  • A
  • B
  • C
  • D
  • EEvalid until 06.02.2033
  • F
  • G
  • H

Building page: Soo tn 40 →

Long-term liabilities
€0
as of 31.12.2024
Cash
€11,777
€13/m² · similar €8/m²
Income per m² a month
€1.57
similar buildings €1.39

Compared with similar buildings: Tallinn, built 2009–2019, reinforced concrete (182 associations).

Finances by year

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2024€0€13,859€11,777€16,492€0
2023€0€14,802€12,193€12,824€0
2022€0€15,498€13,961€8,402€0
2021€0€13,330€12,229€8,309€0
2020€0€11,254€11,766€8,967€0
2019€0€8,957€8,763€8,285€0

Of similar buildings (Tallinn, built 2009–2019, reinforced concrete; 182 associations), 18% 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 €6,119–€6,440 per m². 1 flat was offered for rent at €750 a month.

Estate agents in Kalamaja · Flat prices in Kalamaja

Estate agents who have offered flats in this building

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An estimate for a flat at Soo tn 40 from similar homes — free and instant.

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
CValgevase tn 5a1932 · 9 flats€0€23,5902025
–Valgevase tn 81946 · 10 flats€0€12,9122023
CValgevase tn 71946 · 12 flats€3,527€3,2812025
DValgevase tn 8a1932 · 12 flats€14,644€3,5552025
DLinda tn 141935 · 8 flats€0€15,4752025
–Linda tn 111923 · 5 flatsno reports
AVana-Kalamaja tn 181885 · 5 flats€0€5,1612025
BNiine tn 131946 · 9 flats€16,016€2,6622025

Frequently asked questions

Does the association have a loan?

The 2024 report shows no long-term liabilities.

How much cash does the association have?

At the end of 2024 the association held €11,777.

When was the building built?

According to the building register, it was first used in 2014 and has 3 storeys.

Who is on the association's board?

According to the business register, the board members are Alex Luik, Magnus Martinson, Mikk Kärner (board since 10.10.2022).

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, 2019–2024). Building: building register. Flats on offer: Leiamaakler.ee data from the property portals.