Apartment association · Tallinn

Toom-Kuninga tn 16 apartment association

Tallinn, Toom-Kuninga tn 16 korteriühistu (registry code 80132885) manages a 3-storey brick building built in 1876 with 7 flats. According to its 2025 annual report, the association's long-term liabilities were €44,196 (€180 per m² of flat space) and it held €5,600 in cash. In 2022 long-term liabilities rose from €0 to €38,312 — usually a sign of a renovation.

Board

  • KKKatrin Koovboard member8 years 9 months
  • PUPiret Usinboard member4 years 8 months
C
Association grade
C · average
Tallinn: ranked 3083 of 4,374 graded associations.
House conditionaverage
age, energy class and works done
Loan affordabilityaverage
loan vs the association's annual income
Cash buffergood
cash next to the loan, 3-year average
Managementgood
reports filed on time

Building

Built
1876
Storeys
3
Construction
brick
Flats
7
Lift
no
Heating
stove

Building page: Toom-Kuninga tn 16 →

Long-term liabilities
€44,196
as of 31.12.2025
Liabilities per m²
€180
similar buildings with a renovation loan €90
Cash
€5,600
€23/m² · similar €14/m²
Income per m² a month
€1.35
similar buildings €1.27

Compared with similar buildings: Tallinn (4374 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
0 €/m²20190 €/m²20200 €/m²2021156 €/m²new loan2022155 €/m²2023165 €/m²2024180 €/m²2025
similar buildings with a renovation loan (median)

Loan principal repayment is an estimated €0.15 per m² of flat space a month, about €8 a month for a 50 m² flat (interest not included) — less than 91% of associations repaying a loan. The median is €0.52 in Estonia and €0.51 in Tallinn.

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€44,196€1,229€5,600€3,983€0
2024€40,421€2,854€3,501€8,015€0
2023€37,885€3,250€7,213€4,675€0
2022€38,312€3,216€7,660€2,729€0
2021€0€132€7,057€547€0
2020€0€152€6,139€656€0
2019€0€116€5,617€678€0

Compared with similar buildings (Tallinn; 4374 associations), long-term liabilities per m² of flat space are higher than 96% of them. The median for buildings with a loan is €36/m².

Flats in this building

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

What is your flat worth?

An estimate for a flat at Toom-Kuninga tn 16 from similar homes — free and instant.

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
EToom-Kuninga tn 231940 · 9 flats€0€2,5582025
DVäike-Ameerika tn 61958 · 39 flats€27,874€23,6042025
DToom-Kuninga tn 251940 · 13 flats€0€4,3532025
CVäike-Ameerika tn 51968 · 11 flats€19,910€11,9522025
CVäike-Ameerika tn 71948 · 16 flats€23,550€27,1592025
AVäike-Ameerika tn 91959 · 43 flats€99,896€10,8132025
–Väike-Ameerika tn 13€0€12,1922025
CVirmalise tn 2 // Väike-Ameerika tn 31959 · 26 flats€10,317€23,6142025

Frequently asked questions

Does the association have a loan?

According to its 2025 report, the association has €44,196 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 €5,600.

When was the building built?

According to the building register, it was first used in 1876 and has 3 storeys.

Who is on the association's board?

According to the business register, the board members are Katrin Koov, Piret Usin (board since 30.12.2017).

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.