Apartment association · Narva linn

Viru tn 15 apartment association

Narva linn, Viru tn 15 korteriühistu (registry code 80322232) manages a 4-storey brick building built in 1965 with 32 flats. According to its 2025 annual report, the association's long-term liabilities were €33,196 (€25 per m² of flat space) and it held €17,844 in cash. In 2025 long-term liabilities rose from €0 to €33,196 — usually a sign of a renovation.

Board

B
Association grade
B · good
Narva linn: ranked 48 of 407 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
1965
Storeys
4
Construction
brick
Flats
32
Lift
no
Heating
district heating

Building page: Viru tn 15 →

Long-term liabilities
€33,196
as of 31.12.2025
Liabilities per m²
€25
similar buildings with a loan €9
Cash
€17,844
€13/m² · similar €7/m²
Income per m² a month
€1.88
similar buildings €1.02

Compared with similar buildings: Narva linn, built 1960–1970, brick (91 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
0 €/m²20190 €/m²20200 €/m²20210 €/m²20220 €/m²20230 €/m²202425 €/m²new loan2025
similar buildings with a smaller loan (median)
YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€33,196€7,190€17,844€30,028€6,025
2024€0€42,460€3,208€21,530€5,989
2023€0€44,712€695€21,443€4,624
2022€0€50,292€3,682€18,783€4,805
2021€0€33,270€862€14,830€4,430
2020€0€2,778€17,485€15,763€3,827
2019€0€2,271€12,981€12,924€3,961

Compared with similar buildings (Narva linn, built 1960–1970, brick; 91 associations), long-term liabilities per m² of flat space are higher than 95% of them. The median for buildings with a loan is €11/m².

Flats in this building

Over the last 12 months 1 flat has been for sale in this building, asking €875–€875 per m².

Estate agents in Vanalinn · Flat prices in Vanalinn

What is your flat worth?

An estimate for a flat at Viru tn 15 from similar homes — free and instant.

Value your flat

Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
CViru tn 131965 · 32 flats€0€4,4382025
DSuur tn 81959 · 15 flats€0€12,5922025
CViru tn 191966 · 32 flats€0€8,3822025
CViru tn 111964 · 32 flats€0€10,4192025
CViru tn 201958 · 18 flats€0€15,2242025
ESuur tn 91959 · 15 flats€0€1,4632025
ESuur tn 61958 · 18 flats€0€7,9082025
DKoidula tn 71956 · 18 flats€0€8,7942025

Frequently asked questions

Does the association have a loan?

According to its 2025 report, the association has €33,196 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 €17,844.

When was the building built?

According to the building register, it was first used in 1965 and has 4 storeys.

Who is on the association's board?

According to the business register, the board members are Galina Elksninš, Sergei Zaugarov, Tatjana Tihhomirova, Vladimir Ert (board since 06.01.2018).

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.