Tallinn, Ilmarise tn 19, Ilmarise tn 21, Ilmarise tn 23, Ilmarise tn 25 korteriühistu
Association of 89 flats. Small reserve capital; loan is being paid down.
Ilmarise tn 19, Ilmarise tn 21, Ilmarise tn 23, Ilmarise tn 25 korteriühistu is a 89-flat apartment association in Nõmme district, Tallinn (4 buildings). Per its 2025 annual report, association fees excluding utilities were €2.95/m² a month.
The association has a loan of €123 970 (≈ €1 393 per flat), last repayment 2031. Member fees stayed level in 2022–2025.
There are 11 associations with reports on the same street and within 500 m; their median is €3.16/m² a month in costs and €19/m² of repair fund. Source: the association's annual reports (e-Business Register), floor area from the Building Register.
The association manages: Ilmarise tn 19, Ilmarise tn 21, Ilmarise tn 23, Ilmarise tn 25, Tallinn. Data: the association's annual reports 2022–2025 (e-Business Register), the latest for 2025.
All figures: the association's 2025 annual report; €/m² = per m² of flats (6 480 m², Building Register); "a month" = yearly amount ÷ 12.
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€6 611 — less than one month of costs (€18 526)
✓ Strengths
- Loan is being paid down€176 974 → €123 970 (2022–2025)
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 11 neighbouring associations (median): total costs €3.16 · fees €1.33 (here €2.95) · repair fund €19/m²
On the same street: Ilmarise tn
| Association | Distance | Flats | Total owner costs €/m²/mo | Association fees €/m²/mo | Repair fund balance €/m² | Loan balance | Year |
|---|---|---|---|---|---|---|---|
| Ilmarise tn 19 (this one) | – | 89 | – | €2.95 | – | €123 970 | 2025 |
| Ilmarise tn 2 | 280 m | 18 | €4.80 | €1.67 | €6 | €145 385 | 2025 |
| Ilmarise tn 3 | 260 m | 18 | – | – | – | no | 2025 |
| Ilmarise tn 3a | 260 m | 28 | – | – | – | no | 2025 |
| Ilmarise tn 4 | 240 m | 16 | – | – | – | no | 2025 |
| Ilmarise tn 5 | 210 m | 102 | €4.12 | €0.85 | €35 | no | 2025 |
| Ilmarise tn 15 | 110 m | 60 | €3.12 | €1.39 | – | €3 309 | 2025 |
| Ilmarise tn 46 | 400 m | 21 | €2.05 | €0.33 | – | no | 2025 |
| Neighbours' median | €3.62 | €1.12 | – |
Nearby (within 500 m)
| Association | Distance | Flats | Total owner costs €/m²/mo | Association fees €/m²/mo | Repair fund balance €/m² | Loan balance | Year |
|---|---|---|---|---|---|---|---|
| Ilmarise tn 19 (this one) | – | 89 | – | €2.95 | – | €123 970 | 2025 |
| Sulevi tn 11 | 240 m | 5 | €1.70 | €0.13 | – | €2 627 | 2025 |
| Vanemuise põik 5 | 250 m | 8 | €3.62 | €1.26 | €19 | no | 2025 |
| Vanemuise tn 67a | 460 m | 15 | €3.19 | €1.81 | €6 | €46 884 | 2025 |
| Laulu tn 3a | 490 m | 16 | €2.87 | €1.95 | €24 | no | 2024 |
| Neighbours' median | €3.03 | €1.54 | €19 |
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.
€123 970 outstanding at the end of 2025 ≈ €1 393 per flat
Principal due in the next 12 months €20 406 ≈ €1 701 a month (€19 per flat, plus interest)
| Lender | Balance | Rate | Ends |
|---|---|---|---|
| – | €123 970 | Euribor + 2.90% | 2031-05 |
Loan balance at year end
Lower bars = the loan is being repaid.
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.
| 2025 | 2024 | 2023 | 2022* | Change | |
|---|---|---|---|---|---|
| Association fees per year | €229 456 | €225 864 | €247 960 | €230 046 | ≈ |
| Repair spending | €42 940 | €22 155 | €42 834 | €47 213 | −9.1% |
| Loan balance | €123 970 | €143 227 | €160 445 | €176 974 | −30% |
| Cash | €87 695 | €101 056 | €100 250 | €115 736 | −24% |
| Reserve capital | €6 611 | €6 611 | €6 611 | €6 611 | ≈ |
| Association expenses (income statement) | €222 309 | €215 638 | €237 480 | €223 473 | ≈ |
| Result for the year | €8 | €47 | −€9 | €736 | – |
* 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 2025 report.
KÜ on mittetulundusühistu, mis tegeleb Ilmarise t.19, 21, 23 ja 25 elamute haldamisega, kus on kokku 89 korterit. 2025.aastal esitati elanikele arveid kommunaalteenuste eest summas 229,4 tuh.
members: 12 private.
See also
Frequently asked questions
What are the running costs of the Ilmarise tn 19 apartment association?
Per the association's 2025 annual report: the association's own fees excluding utilities €2.95/m² per month.
Does the Ilmarise tn 19 apartment association have a loan?
Yes. The loan balance at the end of 2025 was €123 970 (≈ €1 393 per flat), Euribor, last repayment 2031. The loan stays with the building when a flat is sold; repayments are part of the monthly fees.
Have the fees of the Ilmarise tn 19 apartment association gone up?
Member fees totalled €230 046 in 2022 and €229 456 in 2025 — a change of −0.3%. Latest year: ≈ vs 2024.
How does the Ilmarise tn 19 apartment association compare with neighbouring buildings?
There are 11 associations with reports on the same street and within 500 m. Their median: total costs €3.16/m² per month; repair fund €19/m².
How big is the Ilmarise tn 19 apartment association and who manages it?
89 flats, 4 buildings. Registry code 80102200; reports 2022–2025 (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 6 480 m².