Apartment association · Tallinn
Turvise tn 4 apartment association
Tallinn, Turvise tn 4 korteriühistu (registry code 80176486) manages a 2-storey brick building built in 1961 with 8 flats. According to its 2025 annual report, the association's long-term liabilities were €28,319 (€73 per m² of flat space) and it held €3,434 in cash. In 2020 long-term liabilities rose from €6,690 to €39,156 — usually a sign of a renovation.
Board
- AIAili Ilvesboard member2 years 1 month
- House conditiongood
- 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
- Managementaverage
- reports filed on time
Building
- Built
- 1961
- Storeys
- 2
- Construction
- brick
- Flats
- 8
- Lift
- no
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.
- Facade
- Roof
- Pipes
- Heating
- Ventilation
- Windows
- Wiring
- Stairwell
- Balconies
- Basement
- Entrance doors
- „Maja on läbinud põhjaliku renoveerimise“ · ad of 1 flat
- „Renoveeritud fassaad ja trepikoda“ · ads of 2 flats
- „Uus katus ja korstnad“ · ads of 2 flats
- „Välja vahetatud torustik ja elektrijuhtmestik“ · ad of 1 flat
- „Tutikad pakettaknad ja uus ahi“ · ad of 1 flat
- „renoveeritud trepikoda“ · ads of 2 flats
- A
- B
- C
- D
- E
- FF
- G
- H
Compared with similar buildings: Tallinn, built 1956–1966, brick (370 associations).
Finances by year
Loan principal repayment is an estimated €0.48 per m² of flat space a month, about €24 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 2038.
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €28,319 | €2,638 | €3,434 | €9,222 | €0 |
| 2024 | €30,819 | €2,671 | €2,893 | €7,868 | €1,574 |
| 2023 | €32,965 | €2,890 | €2,429 | €6,619 | €2,313 |
| 2022 | €35,025 | €2,878 | €1,163 | €4,279 | €1,566 |
| 2021 | €37,345 | €2,845 | €174 | €4,633 | €1,890 |
| 2020 | €39,156 | €6,179 | €487 | €12,645 | €1,910 |
| 2019 | €6,690 | €5,889 | €1,451 | €6,414 | €1,297 |
Compared with similar buildings (Tallinn, built 1956–1966, brick; 370 associations), long-term liabilities per m² of flat space are higher than 80% of them. The median for buildings with a loan is €44/m².
Flats in this building
Over the last 12 months 3 flats have been for sale in this building, asking €2,315–€3,196 per m².
Estate agents in Kopli · Flat prices in Kopli
Estate agents who have offered flats in this building
- Maksim ŠurupejevRilen OÜ1 flat
- Siim HummalOldeVara Kinnisvarabüroo1 flat
- Tereza ZirinaRilen OÜ1 flat
What is your flat worth?
An estimate for a flat at Turvise tn 4 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| A | Turvise tn 61961 · 8 flats | €5,870 | €5,694 | 2025 |
| C | Turvise tn 81961 · 8 flats | €9,069 | €15,437 | 2025 |
| C | Amburi tn 91961 · 16 flats | €0 | €9,610 | 2025 |
| B | Uus-Maleva tn 11994 · 71 flats | €0 | €152,431 | 2025 |
| B | Amburi tn 111961 · 16 flats | €162,767 | €8,140 | 2025 |
| C | Uus-Maleva tn 21969 · 64 flats | €0 | €77,981 | 2025 |
| A | Amburi tn 131961 · 16 flats | €0 | €16,424 | 2025 |
| D | Turvise tn 101961 · 8 flats | €0 | €19,360 | 2025 |
Frequently asked questions
Does the association have a loan?
According to its 2025 report, the association has €28,319 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 €3,434.
When was the building built?
According to the building register, it was first used in 1961 and has 2 storeys.
Who is on the association's board?
According to the business register, the board members are Aili Ilves (board since 19.09.2024).
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.