Apartment association · Tallinn

Tartu mnt 28 apartment association

Tallinn, Tartu mnt 28 korteriühistu (registry code 80307116) manages a 4-storey brick building built in 1957 with 33 flats. According to its 2025 annual report, the association's long-term liabilities were €518,790 (€179 per m² of flat space) and it held €19,784 in cash. In 2020 long-term liabilities rose from €541,245 to €674,759 — usually a sign of a renovation.

Board

A
Association grade
A · very good
Tallinn: ranked 402 of 4,374 graded associations.
House conditiongood
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
1957
Storeys
4
Construction
brick
Flats
33
Lift
no
Heating
district heating

Works on the building

Energy class has improved: F (2017) → C (2026)

per the building register

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.

The building has been fully renovated2019
  • Facade2019
  • Roof2019
  • Pipes2019
  • Heating
  • Ventilation
  • Windows
  • Wiring
  • Stairwell
  • Balconies
  • Basement
  • Entrance doors
The ads say
  • „Kogu kortermaja on hiljaaegu renoveeritud (tööd lõpetati aastal 2019, remonditi katus, fassaad, torustik jmt).“ · ad of 1 flat
Energy class
  • A
  • B
  • CCvalid until 20.02.2036
  • D
  • E
  • FF2017
  • G
  • H

Building page: Tartu mnt 28 →

Long-term liabilities
€518,790
as of 31.12.2025
Liabilities per m²
€179
similar buildings with a renovation loan €89
Cash
€19,784
€7/m² · similar €17/m²
Income per m² a month
€1.62
similar buildings €1.55

Compared with similar buildings: Tallinn, built 1952–1962, brick (360 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
186 €/m²2019232 €/m²new loan2020220 €/m²2021208 €/m²2022202 €/m²2023191 €/m²2024179 €/m²2025
similar buildings with a renovation loan (median)

Loan principal repayment is an estimated €0.94 per m² of flat space a month, about €47 a month for a 50 m² flat (interest not included) — more than 85% 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 2041.

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€518,790€88,366€19,784€56,348€16,569
2024€555,713€83,572€18,272€76,135€14,488
2023€585,653€79,148€17,508€74,467€13,647
2022€604,323€87,963€22,581€37,255€13,248
2021€639,880€75,624€14,193€40,725€12,054
2020€674,759€62,107€7,668€45,038€12,360
2019€541,245€49,619€11,026€80,360€18,519

Compared with similar buildings (Tallinn, built 1952–1962, brick; 360 associations), long-term liabilities per m² of flat space are higher than 92% of them. The median for buildings with a loan is €48/m².

Flats in this building

Over the last 12 months 3 flats have been for sale in this building, asking €2,867–€3,222 per m². 1 flat was offered for rent at €790 a month.

Estate agents in Keldrimäe · Flat prices in Keldrimäe

Estate agents who have offered flats in this building

What is your flat worth?

An estimate for a flat at Tartu mnt 28 from similar homes — free and instant.

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
AMardi tn 6Mardi tn 42015 · 32 flats€75,922€100,6682024
BMardi tn 92016 · 46 flats€0€20,2832024
ALiivamäe tn 6 // Mardi tn 81994 · 71 flats€0€18,5122025
AVõlvi tn 61994 · 72 flats€27,701€43,0892025
BVõlvi tn 81976 · 72 flats€28,700€84,6632025
BLiivamäe tn 41978 · 83 flats€248,657€37,5862025
–Keldrimäe tn 31992no reports
ALastekodu tn 181964 · 64 flats€953,274€34,9742025

Frequently asked questions

Does the association have a loan?

According to its 2025 report, the association has €518,790 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 €19,784.

When was the building built?

According to the building register, it was first used in 1957 and has 4 storeys.

Who is on the association's board?

According to the business register, the board members are Leonid Morozov, Maia Mardla, Peeter Messing (board since 06.01.2018).

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.