Apartment association · Loksa linn

Tallinna tn 24 apartment association

Loksa linn, Tallinna tn 24 korteriühistu (registry code 80263392) manages a 2-storey brick building built in 1958 with 8 flats. According to its 2025 annual report, the association's long-term liabilities were €3,199 (€7 per m² of flat space) and it held €6,236 in cash. Long-term liabilities have fallen 80% since 2019.

Board

  • LMLarissa Matskevitšboard member5 months
D
Association grade
D · below average
Loksa linn: ranked 28 of 45 graded associations.
House conditionweak
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

Building

Built
1958
Storeys
2
Construction
brick
Flats
8
Lift
no
Heating
stove

Building page: Tallinna tn 24 →

Long-term liabilities
€3,199
as of 31.12.2025
Liabilities per m²
€7
similar buildings with a loan €8
Cash
€6,236
€14/m² · similar €12/m²
Income per m² a month
€0.68
similar buildings €0.55

Compared with similar buildings: Loksa linn (45 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
36 €/m²201933 €/m²202028 €/m²202120 €/m²202216 €/m²202312 €/m²20247 €/m²2025

Loan principal repayment is an estimated €0.36 per m² of flat space a month, about €18 a month for a 50 m² flat (interest not included) — less than 69% of associations repaying a loan. The median is €0.52 in Estonia. At the current pace the loan will be repaid around 2027.

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€3,199€7,109€6,236€3,661€0
2024€5,214€6,489€6,114€3,690€0
2023€7,123€5,834€5,550€5,317€0
2022€8,882€6,827€6,732€6,483€1,338
2021€12,415€7,305€8,435€4,043€0
2020€14,635€6,843€8,119€4,078€0
2019€15,933€6,168€6,234€3,713€0

Compared with similar buildings (Loksa linn; 45 associations), long-term liabilities per m² of flat space are higher than 91% of them. The median for buildings with a loan is €8/m².

Flats in this building

No flat in this building has been for sale or rent in the last 12 months.

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
–Papli tn 11957 · 8 flats€0€9522020
CTallinna tn 391971 · 55 flats€0€39,3192025
–Tallinna tn 161925 · 6 flatsno reports
–Papli tn 31958 · 8 flats€0€3,4012022
CTallinna tn 351975 · 55 flats€0€62,3502025
–Papli tn 51964 · 7 flatsno reports
BTallinna tn 271977 · 55 flats€0€82,3942025
–Tallinna tn 251952 · 8 flats€0€1042022

Frequently asked questions

Does the association have a loan?

According to its 2025 report, the association has €3,199 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 €6,236.

When was the building built?

According to the building register, it was first used in 1958 and has 2 storeys.

Who is on the association's board?

According to the business register, the board members are Larissa Matskevitš (board since 28.04.2026).

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.