Apartment association · Tallinn

Värvi tn 12 apartment association

Tallinn, Värvi tn 12 korteriühistu (registry code 80211834) manages a 5-storey panel building built in 1987 with 80 flats. According to its 2025 annual report, the association's long-term liabilities were €30,050 (€11 per m² of flat space) and it held €42,649 in cash. Long-term liabilities have fallen 80% since 2019.

Board

  • PKPriit Kaasikboard member3 years 5 months
A
Association grade
A · very good
Tallinn: ranked 142 of 4,374 graded associations.
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
1987
Storeys
5
Construction
panel
Flats
80
Lift
no
Heating
district heating

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.

The building has been fully renovated
  • Facade
  • Roof
  • Pipes
  • Heating
  • Ventilation
  • Windows
  • Wiring
  • Stairwell
  • Balconies
  • Basement
  • Entrance doors
The ads say
  • „Maja on ühistu eestvedamisel renoveeritud ja soojustatud.“ · ad of 1 flat
  • „korrastatud ja soojustatud fassaad“ · ad of 1 flat
  • „paigaldatud uus katusekate“ · ad of 1 flat
  • „Uuendatud on küttesüsteem“ · ad of 1 flat
  • „vahetatud aknad ja uksed“ · ad of 1 flat
Energy class
  • A
  • B
  • C
  • DDvalid until 20.07.2030
  • E
  • F
  • G
  • H

Building page: Värvi tn 12 →

Long-term liabilities
€30,050
as of 31.12.2025
Liabilities per m²
€11
similar buildings with a loan €11
Cash
€42,649
€15/m² · similar €12/m²
Income per m² a month
€0.99
similar buildings €0.97

Compared with similar buildings: Tallinn, built 1982–1992, panel (295 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
53 €/m²201946 €/m²202036 €/m²202128 €/m²202223 €/m²202317 €/m²202411 €/m²2025
similar buildings with a smaller loan (median)

Loan principal repayment is an estimated €0.50 per m² of flat space a month, about €25 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 2027.

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€30,050€64,065€42,649€32,837€4,800
2024€47,326€32,517€23,650€46,947€4,843
2023€63,449€33,841€14,096€39,087€4,614
2022€77,721€39,507€9,556€44,671€4,886
2021€99,994€47,691€13,526€28,667€4,886
2020€126,989€35,916€5,716€27,194€4,886
2019€147,575€33,874€5,247€156,232€2,443

Compared with similar buildings (Tallinn, built 1982–1992, panel; 295 associations), long-term liabilities per m² of flat space are higher than 82% of them. The median for buildings with a loan is €15/m².

Flats in this building

Over the last 12 months 1 flat has been for sale in this building, asking €2,672–€2,672 per m². 2 flats were offered for rent at €380–€420 a month.

Estate agents in Lilleküla · Flat prices in Lilleküla

Estate agents who have offered flats in this building

What is your flat worth?

An estimate for a flat at Värvi tn 12 from similar homes — free and instant.

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
AHeinavälja tn 41987 · 80 flats€0€95,6362025
–Rahe tn 221965 · 2 flatsno reports
AHalla tn 441987 · 5 flats€0€2,1582025
CHalla tn 461987 · 5 flats€0€4,4382025
–Halla tn 482005 · 2 flatsno reports
–Härmatise tn 321965 · 2 flatsno reports
–Sirge tn 12 flatsno reports
–Piibelehe tn 42023 · 2 flatsno reports

Frequently asked questions

Does the association have a loan?

According to its 2025 report, the association has €30,050 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 €42,649.

When was the building built?

According to the building register, it was first used in 1987 and has 5 storeys.

Who is on the association's board?

According to the business register, the board members are Priit Kaasik (board since 03.05.2023).

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.