Apartment association · Tallinn

Tartu mnt 51 apartment association

Tallinn, Tartu mnt 51 korteriühistu (registry code 80023110) manages a 5-storey reinforced-concrete building built in 1938 with 32 flats. According to its 2025 annual report, the association's long-term liabilities were €0 and it held €59,999 in cash. The report shows no long-term liabilities.

Board

  • AŠAleksei Šubaboard member1 year 10 months
  • AAAntti Andreimannboard member4 years 6 months
  • JJJanne-Liis Justiboard member4 years 6 months
  • PSPipi-Liis Siemannboard member7 months
D
Association grade
D · below average
Tallinn: ranked 3605 of 4,374 graded associations.
House conditionaverage
age, energy class and works done
Loan affordabilitygood
loan vs the association's annual income
Cash buffergood
cash per m², 3-year average
Managementaverage
reports filed on time

Building

Built
1938
Storeys
5
Construction
reinforced concrete
Flats
32
Lift
no
Heating
stove
Energy class
  • A
  • B
  • C
  • D
  • EEvalid until 01.07.2029
  • F
  • G
  • H

Building page: Tartu mnt 51 →

Long-term liabilities
€0
as of 31.12.2025
Cash
€59,999
€28/m² · similar €12/m²
Income per m² a month
€1.30
similar buildings €1.44

Compared with similar buildings: Tallinn, built 1933–1943, reinforced concrete (37 associations).

Finances by year

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€0€60,209€59,999€33,908—
2024€0€50,666€49,428€42,860—
2023€0€43,859€40,888€26,556—
2022€0€24,820€20,892€31,124—
2021€0€17,353€13,594€25,995—
2020€0€15,285€10,199€12,810—
2019€0€8,608€4,228€16,222—

Of similar buildings (Tallinn, built 1933–1943, reinforced concrete; 37 associations), 24% 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 €3,111–€4,563 per m². 2 flats were offered for rent at €450–€590 a month.

Estate agents in Torupilli · Flat prices in Torupilli

Estate agents who have offered flats in this building

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
BTartu mnt 421953 · 20 flats€18,002€57,2932025
–Tartu mnt 442026 · 33 flatsno reports
AJ. Kunderi põik 62017 · 42 flats€0€34,6782025
CC. R. Jakobsoni tn 6a1940 · 14 flats€173,575€37,0122025
CTartu mnt 551988 · 50 flats€0€118,5732025
CTartu mnt 502012 · 7 flats€0€02025
CC. R. Jakobsoni tn 41940 · 14 flats€22,900€29,4242025
EJ. Kunderi tn 261946 · 7 flats€0€7552024

Frequently asked questions

Does the association have a loan?

The 2025 report shows no long-term liabilities.

How much cash does the association have?

At the end of 2025 the association held €59,999.

When was the building built?

According to the building register, it was first used in 1938 and has 5 storeys.

Who is on the association's board?

According to the business register, the board members are Aleksei Šuba, Antti Andreimann, Janne-Liis Justi, Pipi-Liis Siemann (board since 04.04.2022).

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, 2019–2025). Building: building register. Flats on offer: Leiamaakler.ee data from the property portals.