Apartment association · Tallinn

Tondi tn 24 apartment association

Tallinn, Tondi tn 24 korteriühistu (registry code 80315309) manages a 3-storey brick building built in 1973 with 11 flats. According to its 2025 annual report, the association's long-term liabilities were €56,202 (€121 per m² of flat space) and it held €8,043 in cash. In 2024 long-term liabilities rose from €0 to €33,694 — usually a sign of a renovation.

Board

  • HKHelen Kogermaboard member2 years 9 months
  • TVTeet Vellingboard member2 years 9 months
A
Association grade
A · very good
Tallinn: ranked 677 of 4,374 graded associations.
House conditiongood
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

Building

Built
1973
Storeys
3
Construction
brick
Flats
11
Lift
no
Heating
stove

Works on the building

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.

  • Facade2025
  • Roof2014
  • Pipes
  • Heating
  • Ventilation
  • Windows
  • Wiring
  • Stairwell2026
  • Balconies
  • Basement
  • Entrance doors
The ads say
  • „2025 soojustati maja välisfassaad“ · ad of 1 flat
  • „Kortermajale on paigaldatud 2014. aastal uus katusekate (sileplekk)“ · ad of 1 flat
  • „vahetatud vee- ja kanalisatsioonitorustik“ · ad of 1 flat
  • „2026 korrastati trepikoda“ · ad of 1 flat
  • „Välisuksele on paigaldatud lukusüsteem“ · ad of 1 flat

Building page: Tondi tn 24 →

Long-term liabilities
€56,202
as of 31.12.2025
Liabilities per m²
€121
similar buildings with a renovation loan €88
Cash
€8,043
€17/m² · similar €19/m²
Income per m² a month
€22.95
similar buildings €1.11

Compared with similar buildings: Tallinn, built 1968–1978, brick (131 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
44 €/m²201937 €/m²202050 €/m²20210 €/m²20220 €/m²202373 €/m²new loan2024121 €/m²new loan2025
similar buildings with a renovation loan (median)

Loan principal repayment is an estimated €4.20 per m² of flat space a month, about €210 a month for a 50 m² flat (interest not included) — more than 100% 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 2028.

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€56,202€5,894€8,043€127,814€1,255
2024€33,694€370€40,843€12,808€1,231
2023€0€36,822€43,790€1,719€953
2022€0€30,183€37,298€1,683€682
2021€23,383€214€30,257€1,929€682
2020€17,008€266€23,574€11,920€682
2019€20,604€274€27,031€1,918€682

Compared with similar buildings (Tallinn, built 1968–1978, brick; 131 associations), long-term liabilities per m² of flat space are higher than 88% of them. The median for buildings with a loan is €63/m².

Flats in this building

Over the last 12 months 1 flat has been for sale in this building, asking €4,060–€4,060 per m².

Estate agents in Kitseküla · Flat prices in Kitseküla

What is your flat worth?

An estimate for a flat at Tondi tn 24 from similar homes — free and instant.

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
CTondi tn 221910 · 12 flats€0€20,1432025
CTondi tn 24a1994 · 18 flats€40,992€17,8182025
ATondi tn 201939 · 11 flats€271,721€9,6152025
EMagdaleena tn 161961 · 7 flats€0€6,1502024
–Tondi tn 72 flatsno reports
BAlevi tn 91946 · 9 flats€0€6,9392025
BMagdaleena tn 171994 · 11 flats€0€9,6542025
BMagdaleena tn 141961 · 12 flats€28,406€9,7942025

Frequently asked questions

Does the association have a loan?

According to its 2025 report, the association has €56,202 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 €8,043.

When was the building built?

According to the building register, it was first used in 1973 and has 3 storeys.

Who is on the association's board?

According to the business register, the board members are Helen Kogerma, Teet Velling (board since 05.01.2024).

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.