Apartment association · Tallinn
Tartu mnt 42 apartment association
Tallinn, Tartu mnt 42 korteriühistu (registry code 80227031) manages a 4-storey brick building built in 1953 with 20 flats. According to its 2025 annual report, the association's long-term liabilities were €18,002 (€20 per m² of flat space) and it held €57,293 in cash. Long-term liabilities have fallen 61% since 2019.
Board
The association is run by Stell Eesti AS.
- SEStell Eesti ASappointed manager4 years 10 months
- House conditionaverage
- age, energy class and works done
- Loan affordabilitygood
- loan vs the association's annual income
- Cash bufferaverage
- cash next to the loan, 3-year average
- Managementgood
- reports filed on time · professional manager
Building
- Built
- 1953
- Storeys
- 4
- Construction
- brick
- Flats
- 20
- Heating
- district heating
- A
- B
- C
- D
- EE
- F
- G
- H
Compared with similar buildings: Tallinn, built 1948–1958, brick (163 associations).
Finances by year
Loan principal repayment is an estimated €0.44 per m² of flat space a month, about €22 a month for a 50 m² flat (interest not included) — about average for 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 |
|---|---|---|---|---|---|
| 2025 | €18,002 | €64,677 | €57,293 | €21,859 | — |
| 2024 | €22,878 | €63,163 | €53,552 | €38,300 | — |
| 2023 | €27,639 | €73,234 | €63,463 | €24,211 | — |
| 2022 | €32,287 | €69,654 | €60,271 | €18,190 | — |
| 2021 | €36,828 | €60,791 | €51,328 | €19,744 | — |
| 2020 | €41,262 | €53,823 | €42,059 | €15,829 | — |
| 2019 | €45,771 | €43,969 | €37,261 | €13,519 | — |
Compared with similar buildings (Tallinn, built 1948–1958, brick; 163 associations), long-term liabilities per m² of flat space are higher than 61% of them. The median for buildings with a loan is €48/m².
Flats in this building
Over the last 12 months 1 flat has been for sale in this building, asking €4,475–€4,475 per m². 1 flat was offered for rent at €600 a month.
Estate agents in Keldrimäe · Flat prices in Keldrimäe
Estate agents who have offered flats in this building
- Pavel FedorenkoKodumaa KV OÜ1 flat
What is your flat worth?
An estimate for a flat at Tartu mnt 42 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| – | Tartu mnt 442026 · 33 flats | no reports | ||
| D | Tartu mnt 511938 · 32 flats | €0 | €59,999 | 2025 |
| C | Tartu mnt 502012 · 7 flats | €0 | €0 | 2025 |
| C | C. R. Jakobsoni tn 41940 · 14 flats | €22,900 | €29,424 | 2025 |
| C | Lastekodu tn 151990 · 71 flats | €18,838 | €26,197 | 2025 |
| C | Tartu mnt 551988 · 50 flats | €0 | €118,573 | 2025 |
| C | C. R. Jakobsoni tn 6a1940 · 14 flats | €173,575 | €37,012 | 2025 |
| A | Lastekodu tn 181964 · 64 flats | €953,274 | €34,974 | 2025 |
Frequently asked questions
Does the association have a loan?
According to its 2025 report, the association has €18,002 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 €57,293.
When was the building built?
According to the building register, it was first used in 1953 and has 4 storeys.
Who is on the association's board?
According to the business register, the association is run by Stell Eesti AS.
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.