Tallinn, Pae tn 39, Pae tn 41, Paekaare tn 4 korteriühistu
Association of 180 flats. Small reserve capital.
Pae tn 39, Pae tn 41, Paekaare tn 4 korteriühistu is a 180-flat apartment association in Lasnamäe district, Tallinn (3 buildings). Per its 2024 annual report, a typical flat paid the association €125 a month; association fees excluding utilities were €2.38/m² a month.
It has no loan. Member fees fell 6% in 2022–2024 (€277 642 → €260 460 a year).
There are 25 associations with reports on the same street and within 500 m; their median is €2.89/m² a month in costs and €11/m² of repair fund. Source: the association's annual reports (e-Business Register), floor area from the Building Register.
The association manages: Pae 39, Pae 41, Paekaare 4, Tallinn. Data: the association's annual reports 2022–2024 (e-Business Register), the latest for 2024.
All figures: the association's 2024 annual report; €/m² = per m² of flats (9 123 m², Building Register); "a month" = yearly amount ÷ 12.
What an owner pays the association each month in total, usually including heating, water and electricity.
The association's own charges without utilities: upkeep, management, repair fund, loan.
The association's joint loan (usually for renovation). Repayments are part of the monthly fees.
! Worth watching
- Small reserve capital€8 107 — less than one month of costs (€21 622)
Location and neighbouring associations
Associations on the same street and within 500 m, each by its latest report. The large dot on the map is this association. All associations and rankings in the area →
Compared with 25 neighbouring associations (median): total costs €2.89 · fees €0.90 (here €2.38) · repair fund €11/m²
On the same street: Pae tn
| Association | Distance | Flats | Total owner costs €/m²/mo | Association fees €/m²/mo | Repair fund balance €/m² | Loan balance | Year |
|---|---|---|---|---|---|---|---|
| Pae tn 39 (this one) | – | 180 | – | €2.38 | – | no | 2024 |
| Pae tn 9 | 780 m | 80 | €3.06 | €1.51 | – | no | 2025 |
| Pae tn 11 | 720 m | 80 | €2.89 | €0.86 | €21 | no | 2025 |
| Pae tn 13 | 660 m | 80 | €3.06 | €0.50 | €36 | no | 2025 |
| Pae tn 15 | 600 m | 80 | €2.24 | €0.65 | – | no | 2025 |
| Pae tn 17 | 550 m | 30 | €2.84 | €0.61 | – | €71 882 | 2025 |
| Pae tn 17a | 540 m | 30 | €4.02 | €2.57 | – | €296 821 | 2025 |
| Pae tn 22 | 770 m | 80 | – | €4.22 | €0 | no | 2025 |
| Pae tn 23 | 380 m | 105 | €4.14 | €1.25 | €17 | no | 2025 |
| Pae tn 23a | 290 m | 182 | – | – | – | no | 2025 |
| Pae tn 25 | 280 m | 53 | – | €3.21 | – | no | 2025 |
| Pae tn 27 | 200 m | 8 | €5.02 | €1.88 | €3 | no | 2025 |
| Pae tn 31 | 150 m | 18 | €4.28 | €1.94 | €5 | no | 2025 |
| Pae tn 33 | 100 m | 18 | €4.42 | €1.85 | €2 | no | 2025 |
| Pae tn 35 | 100 m | 90 | €3.38 | €1.31 | €3 | no | 2025 |
| Pae tn 42 | 330 m | 45 | €2.10 | €1.35 | €11 | no | 2025 |
| Neighbours' median | €3.22 | €1.43 | €5 |
Nearby (within 500 m)
| Association | Distance | Flats | Total owner costs €/m²/mo | Association fees €/m²/mo | Repair fund balance €/m² | Loan balance | Year |
|---|---|---|---|---|---|---|---|
| Pae tn 39 (this one) | – | 180 | – | €2.38 | – | no | 2024 |
| Paekaare tn 2 | 80 m | 72 | €2.62 | €1.09 | €6 | no | 2025 |
| Paekaare tn 8 | 140 m | 60 | €2.56 | €0.63 | – | no | 2025 |
| Paekaare tn 6 | 140 m | 72 | €2.50 | €0.84 | – | no | 2025 |
| Paekaare tn 10 | 210 m | 72 | €2.67 | €0.50 | €12 | no | 2025 |
| Paekaare tn 12 | 210 m | 80 | €2.77 | €0.73 | – | no | 2025 |
| Punane tn 9 | 220 m | 55 | €3.06 | €0.65 | €10 | no | 2025 |
| Paepargi tn 48 | 250 m | 60 | – | – | – | no | 2025 |
| Punane tn 11 | 250 m | 90 | €2.85 | €0.86 | €20 | no | 2025 |
| Punane tn 5 | 270 m | 15 | €3.08 | €0.90 | – | no | 2025 |
| Paekaare tn 14 | 270 m | 72 | €2.59 | €0.87 | €22 | no | 2025 |
| Neighbours' median | €2.67 | €0.84 | €12 |
What owners pay for
Fees by type in 2024, as written in the report. "Average flat" = amount ÷ 180 flats ÷ 12; a bigger flat pays more.
| Fee | What it covers | Per year | €/m²/month | Average flat / month | Year before |
|---|---|---|---|---|---|
| Liikmemaksud | €215 777 | €1.97 | €100 | €192 008 | |
| Hooldustasudday-to-day upkeep and small fixes | day-to-day upkeep and small fixes | €44 683 | €0.41 | €21 | €41 391 |
| Remonditasudsaved in the repair fund for future works | saved in the repair fund for future works | €0 | €0.00 | €0 | €563 |
| Total | €260 460 | €2.38 | €121 |
Fee names as written in the report.
Compared with Pae subdistrict
Green band = the middle half of the area's associations (2024), tick = median, dot = this association.
Association fees per year
All flats together, excluding utilities.
Repair fund and works
The repair fund is the association's savings for the roof, pipes, façade and so on. When it grows, more is saved than spent; when it shrinks, the money has gone into repairs.
Money in and out
When the collected bar is taller the fund grew; when spending is taller, savings were used.
Loans
An association loan is shared by all owners: when a flat is sold, its share stays with the building, not the seller. That is why a buyer should know the balance and the end date.
The association had no loan at the end of 2024.
All figures by year
The last column is the change from the first year to the latest: green = good news for owners, orange = a cost or risk is growing.
| 2024 | 2023 | 2022* | Change | |
|---|---|---|---|---|
| Association fees per year | €260 460 | €233 962 | €277 642 | −6.2% |
| of which repair fund | €0 | €563 | – | −100% |
| Repair spending | €215 831 | €193 778 | €235 693 | −8.4% |
| Cash | €68 678 | €55 017 | €30 317 | +127% |
| Reserve capital | €8 107 | €8 107 | €8 107 | ≈ |
| Association expenses (income statement) | €259 462 | €240 311 | €277 395 | −6.5% |
| Result for the year | €1 006 | −€6 300 | −€79 | – |
* from the comparative column of the following year's report.
Cash at year end
Money in the bank (incl. the repair fund).
Board's management report
Short summary of the 2024 report.
Ühistut juhib 6-liikmeline juhatus.
board: 6 members · members: 179 private.
See also
Frequently asked questions
What are the running costs of the Pae tn 39 apartment association?
Per the association's 2024 annual report: a typical flat paid €125 a month; the association's own fees excluding utilities €2.38/m² per month.
Does the Pae tn 39 apartment association have a loan?
No. The association had no loan at the end of 2024.
Have the fees of the Pae tn 39 apartment association gone up?
Member fees totalled €277 642 in 2022 and €260 460 in 2024 — a change of −6.2%. Latest year: +11% vs 2023.
How does the Pae tn 39 apartment association compare with neighbouring buildings?
There are 25 associations with reports on the same street and within 500 m. Their median: total costs €2.89/m² per month; repair fund €11/m².
How big is the Pae tn 39 apartment association and who manages it?
180 flats, 3 buildings, board of 6. Registry code 80066585; reports 2022–2024 (e-Business Register).
Terms in plain words
- Total owner costs (€/m² a month, incl. utilities)
- Everything owners paid the association (the report's flat table), heating, water and electricity included, divided by the flats' floor area and 12 months. Closest to what an owner actually pays each month.
- Association fees (€/m² a month, excl. utilities)
- The association's own charges — upkeep, management, repair fund, loan, insurance — without utilities, per m² of flats a month.
- Typical flat per month (€ a month)
- The median flat's yearly charge in the report's flat table, divided by 12. Half of the flats pay more, half less.
- Repair fund balance (€ at year end)
- Money saved for future repairs and not yet spent, at the end of the financial year.
- Repair fund balance (€ per m² of flats)
- The repair fund balance divided by the flats' floor area, so buildings of any size compare. Not a monthly charge.
- Repair-fund charge (€/m² a month)
- The part of the fees that goes into the repair fund.
- Loan balance (€ at year end)
- The unpaid part of the association's loan at year end. It stays with the building when a flat is sold; repayments are part of the monthly fees.
- Association fees per year (€, all flats together)
- The same charges as a yearly total for all flats (the report's "member fees").
- Association expenses (income statement) (€ a year)
- The association's own expenses for the year per its accounts (upkeep, management, repairs, interest). Not the same as the owners' "total owner costs".
- Reserve capital (€)
- The association's buffer for unexpected costs. By law at least 1/12 of its budgeted annual costs.
- Cash (€ at year end)
- Money in the bank at year end, the repair fund included.
- Result for the year (€)
- Income minus expenses. An association is not for profit: a small plus or minus is normal; several large losses in a row mean costs are paid from reserves.
We read the association's reports, meeting decisions and the price, and tell you what to watch.
Source: apartment association annual reports (e-Business Register); floor area: Building Register. Figures are machine-read from the reports and may contain reading errors — check the original report in the e-Business Register before deciding. How the figures are made (methodology) · Checklist before buying. Flats' floor area 9 123 m².