Apartment association · Tallinn

Toom-Kuninga tn 24 apartment association

Tallinn, Toom-Kuninga tn 24 korteriühistu (registry code 80160976) manages a 2-storey log building built in 1936 with 10 flats. According to its 2025 annual report, the association's long-term liabilities were €45,235 (€129 per m² of flat space) and it held €7,384 in cash. Long-term liabilities have fallen 50% since 2019.

Board

The association is run by Osaühing Katrela.

A
Association grade
A · very good
Tallinn: ranked 781 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 next to the loan, 3-year average
Managementgood
reports filed on time · professional manager

Building

Built
1936
Storeys
2
Construction
log
Flats
10
Lift
no
Heating
stove
Renovated
yes

Works on the building

Energy class has improved: F (2009) → D (2017)

per the building register

The association's buildings (2)

Toom-Kuninga tn 24/110 flats, Toom-Kuninga tn 24/210 flats

Long-term liabilities
€45,235
as of 31.12.2025
Liabilities per m²
€129
similar buildings with a renovation loan €127
Cash
€7,384
€21/m² · similar €18/m²
Income per m² a month
€2.15
similar buildings €1.78

Compared with similar buildings: Tallinn, built 1931–1941, log (55 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
259 €/m²2019203 €/m²2020184 €/m²2021165 €/m²2022156 €/m²2023136 €/m²2024129 €/m²2025
similar buildings with a renovation loan (median)

Loan principal repayment is an estimated €1.13 per m² of flat space a month, about €56 a month for a 50 m² flat (interest not included) — more than 90% 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 2035.

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€45,235€17,887€7,384€9,019€0
2024€47,796€10,249€3,077€18,886€0
2023€54,781€20,381€6,410€9,993€2,704
2022€57,863€12,886€4,493€9,797€3,291
2021€64,271€11,766€1,570€9,975€3,325
2020€71,205€11,017€2,854€10,247€3,327
2019€90,581€7,545€1,310€8,597€3,323

Compared with similar buildings (Tallinn, built 1931–1941, log; 55 associations), long-term liabilities per m² of flat space are higher than 87% of them. The median for buildings with a loan is €55/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 24 from similar homes — free and instant.

Value your flat

Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
–Väike-Ameerika tn 13€0€12,1922025
AKristiina tn 122011 · 15 flats€0€13,0622025
–Luha tn 4 // Väike-Ameerika tn 38a1914 · 10 flatsno reports
AVäike-Ameerika tn 211961 · 44 flats€76,274€9,2972025
ALuha tn 101960 · 44 flats€39,039€5,4402025
AVäike-Ameerika tn 122021 · 9 flats€0€8,7852025
CLuha tn 161974 · 80 flats€20,698€38,6702025
DKoidu tn 631949 · 8 flats€0€8,6562025

Frequently asked questions

Does the association have a loan?

According to its 2025 report, the association has €45,235 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 €7,384.

When was the building built?

According to the building register, it was first used in 1936 and has 2 storeys.

Who is on the association's board?

According to the business register, the association is run by Osaühing Katrela.

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.