Apartment association · Tallinn
Valdeku tn 164 apartment association
Tallinn, Valdeku tn 164 korteriühistu (registry code 80022168) manages a 5-storey brick building built in 1988 with 55 flats. According to its 2025 annual report, the association's long-term liabilities were €217,530 (€69 per m² of flat space) and it held €33,114 in cash. In 2023 long-term liabilities rose from €57,047 to €192,667 — usually a sign of a renovation.
Board
- ANAndrei Naanboard member8 years 9 monthsalso: Akadeemia tee 26
- LKLidia Kižaboard member4 years 2 months
- MSMaarika Saalboard member8 years 9 months
- NRNadežda Russanovaboard member4 years 2 months
- TJTamara Jakimovitšboard member6 years 8 months
- 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
Building
- Built
- 1988
- Storeys
- 5
- Construction
- brick
- Flats
- 55
- Lift
- no
- Heating
- stove
- A
- B
- C
- D
- EE
- F
- G
- H
Building page: Valdeku tn 164 →
Compared with similar buildings: Tallinn, built 1983–1993, brick (151 associations).
Finances by year
Loan principal repayment is an estimated €0.75 per m² of flat space a month, about €38 a month for a 50 m² flat (interest not included) — more than 73% 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 2033.
| Year | Long-term liabilities | Short-term liabilities | Cash | Income | Labour costs |
|---|---|---|---|---|---|
| 2025 | €217,530 | €7,354 | €33,114 | €86,208 | €7,499 |
| 2024 | €237,404 | €7,342 | €20,281 | €82,305 | €7,499 |
| 2023 | €192,667 | €11,579 | €16,533 | €106,216 | €10,532 |
| 2022 | €57,047 | €16,328 | €20,663 | €135,119 | €11,471 |
| 2021 | €93,529 | €15,954 | €45,723 | €80,226 | €11,350 |
| 2020 | €101,110 | €7,158 | €42,095 | €70,720 | €10,358 |
| 2019 | €98,492 | €6,811 | €27,891 | €77,284 | €12,030 |
Compared with similar buildings (Tallinn, built 1983–1993, brick; 151 associations), long-term liabilities per m² of flat space are higher than 85% of them. The median for buildings with a loan is €34/m².
Flats in this building
Over the last 12 months 1 flat has been for sale in this building, asking €3,073–€3,073 per m².
Estate agents who have offered flats in this building
- Marili KaruOldeVara Kinnisvarabüroo1 flat
What is your flat worth?
An estimate for a flat at Valdeku tn 164 from similar homes — free and instant.
Value your flatApartment associations nearby
| Grade | Building | Long-term liabilities | Cash | Report |
|---|---|---|---|---|
| A | Valdeku tn 1621961 · 8 flats | €36,779 | €6,727 | 2025 |
| – | Piibri tn 61961 · 8 flats | €0 | €14,672 | 2022 |
| B | Piibri tn 81961 · 8 flats | €0 | €7,429 | 2025 |
| C | Piibri tn 41961 · 8 flats | €1,856 | €1,860 | 2025 |
| D | Valdeku tn 1601961 · 7 flats | €0 | €1,961 | 2025 |
| C | Valdeku tn 1581988 · 28 flats | €0 | €32,653 | 2025 |
| D | Piibri tn 161961 · 8 flats | €103,731 | €595 | 2025 |
| C | Sinirebase tn 81988 · 12 flats | €0 | €8,604 | 2025 |
Frequently asked questions
Does the association have a loan?
According to its 2025 report, the association has €217,530 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 €33,114.
When was the building built?
According to the building register, it was first used in 1988 and has 5 storeys.
Who is on the association's board?
According to the business register, the board members are Andrei Naan, Lidia Kiža, Maarika Saal, Nadežda Russanova, Tamara Jakimovitš (board since 29.12.2017).
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.