Tallinn, Herne tn 11 // 11a korteriühistu
Association of 10 flats. Repair fund grows every year; large repair fund.
Herne tn 11 // 11a korteriühistu is a 10-flat apartment association in Kesklinn district, Tallinn (2 buildings). Per its 2024 annual report, a typical flat paid the association €62 a month; total costs including utilities were €1.45/m² a month (lowest quarter locally, Veerenni subdistrict).
The repair fund held €19 546 at year end (€53/m², ≈ €1 955 per flat), growing every year since 2022 (€12 090) — highest quarter locally. It has no loan. Member fees fell 26% in 2022–2024 (€763 → €562 a year).
There are 25 associations with reports on the same street and within 500 m; their median is €3.31/m² a month in costs and €12/m² of repair fund. Source: the association's annual reports (e-Business Register), floor area from the Building Register.
The association manages: Herne tn 11, Herne tn 11a, 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 (367 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.
Money saved for future repairs. A bigger balance means less risk of a sudden extra charge.
The association's joint loan (usually for renovation). Repayments are part of the monthly fees.
✓ Strengths
- Repair fund grows every year€12 090 → €19 546 (2022–2024)
- Large repair fund€53/m² — highest quarter locally
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 €3.31 (here €1.45) · fees €1.35 (here €0.13) · repair fund €12/m² (here €53)
On the same street: Herne tn
| Association | Distance | Flats | Total owner costs €/m²/mo | Association fees €/m²/mo | Repair fund balance €/m² | Loan balance | Year |
|---|---|---|---|---|---|---|---|
| Herne tn 11 (this one) | – | 10 | €1.45 | €0.13 | €53 | no | 2024 |
| Herne tn 5 | 60 m | 21 | – | €5.05 | €11 | no | 2025 |
| Herne tn 7 | 50 m | 10 | – | €3.77 | – | no | 2024 |
| Herne tn 8 | 40 m | 9 | – | – | – | €78 533 | 2025 |
| Herne tn 10 | 50 m | 13 | €3.47 | €1.10 | – | no | 2025 |
| Herne tn 12 | 70 m | 11 | – | – | – | no | 2025 |
| Herne tn 12a | 90 m | 7 | €3.71 | €2.24 | €15 | no | 2024 |
| Herne tn 14 | 110 m | 9 | – | €1.71 | €19 | €3 506 | 2025 |
| Herne tn 15 | 50 m | 9 | €3.50 | €0.66 | €7 | €9 732 | 2025 |
| Herne tn 17 | 90 m | 30 | – | – | – | no | 2025 |
| Herne tn 18 | 150 m | 10 | €2.40 | €0.95 | €17 | no | 2025 |
| Herne tn 20 | 180 m | 10 | – | – | – | no | 2024 |
| Herne tn 22 | 200 m | 8 | – | – | – | €24 497 | 2025 |
| Herne tn 23 | 150 m | 21 | €4.16 | €2.25 | €12 | no | 2025 |
| Herne tn 24a | 290 m | 12 | €3.41 | €1.61 | €10 | €22 669 | 2025 |
| Herne tn 25 | 190 m | 18 | €3.49 | €0.94 | €4 | no | 2025 |
| Neighbours' median | €3.49 | €1.66 | €11 |
Nearby (within 500 m)
| Association | Distance | Flats | Total owner costs €/m²/mo | Association fees €/m²/mo | Repair fund balance €/m² | Loan balance | Year |
|---|---|---|---|---|---|---|---|
| Herne tn 11 (this one) | – | 10 | €1.45 | €0.13 | €53 | no | 2024 |
| Veerenni tn 19 | 70 m | 14 | €2.42 | €0.20 | – | no | 2025 |
| Õpetajate tn 4 | 80 m | 10 | €2.55 | €1.12 | €17 | €51 205 | 2025 |
| Oa tn 4 | 80 m | 10 | – | – | – | no | 2025 |
| Veerenni tn 15 | 90 m | 54 | – | €1.28 | €9 | no | 2024 |
| Invaliidi tn 4 | 90 m | 17 | – | €2.32 | – | no | 2025 |
| Oa tn 2 | 90 m | 12 | – | €1.42 | €22 | no | 2025 |
| Invaliidi tn 3 | 100 m | 12 | – | – | €33 | no | 2024 |
| Oa tn 3 | 110 m | 10 | €1.08 | €0.36 | – | no | 2025 |
| Uus-Tatari tn 23 | 130 m | 48 | €3.21 | €1.87 | €9 | no | 2025 |
| Uus-Tatari tn 21 | 140 m | 21 | €2.62 | €0.95 | €13 | no | 2025 |
| Neighbours' median | €2.55 | €1.20 | €15 |
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.
Repair fund balance
Saved and not yet spent, at year end.
Money in and out
When the collected bar is taller the fund grew; when spending is taller, savings were used.
Repair fund at the end of 2024: €19 546 = €53/m² ≈ €1 955 per flat
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 | €562 | €1 163 | €763 | −26% |
| Repair spending | – | €0 | €244 | −100% |
| Repair fund balance | €19 546 | €17 019 | €12 090 | +62% |
| Cash | €15 412 | €13 828 | €10 718 | +44% |
| Association expenses (income statement) | €681 | €820 | €811 | −16% |
| Result for the year | €41 | €384 | −€48 | – |
* 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.
Tallinn, Herne tn 11 // 11a korteriühistu asutati 24.09.1999, mil kinnitati ühistu põhikiri. Korteriühistu põhitegevuseks on: - elamu haldamine ja majandamise korraldamine - kommunaalteenuste osutamine ja vahendamine ühistu liikmetele Korteriühistul töötajaid ei olnud.
members: 10 private.
See also
Frequently asked questions
What are the running costs of the Herne tn 11 apartment association?
Per the association's 2024 annual report: total owner costs of €1.45/m² per month including utilities; a typical flat paid €62 a month; the association's own fees excluding utilities €0.13/m² per month. The Veerenni subdistrict median was €2.85/m² per month.
How big is the repair fund of the Herne tn 11 apartment association?
The repair fund held €19 546 at the end of 2024 (€53/m², ≈ €1 955 per flat). In 2022 it was €12 090. Compared with Veerenni subdistrict: highest quarter locally.
Does the Herne tn 11 apartment association have a loan?
No. The association had no loan at the end of 2024.
Have the fees of the Herne tn 11 apartment association gone up?
Member fees totalled €763 in 2022 and €562 in 2024 — a change of −26%. Latest year: −52% vs 2023.
How does the Herne tn 11 apartment association compare with neighbouring buildings?
There are 25 associations with reports on the same street and within 500 m. Their median: total costs €3.31/m² per month (here €1.45/m² per month); repair fund €12/m² (here €53/m²).
How big is the Herne tn 11 apartment association and who manages it?
10 flats, 2 buildings. Registry code 80110122; 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 367 m².