Tallinn, Vormsi tn 18 korteriühistu
Association of 129 flats. No marked changes in the reports.
Vormsi tn 18 korteriühistu is a 129-flat apartment association in Lasnamäe district, Tallinn.
It has no loan.
There are 16 associations with reports on the same street and within 500 m; their median is €2.61/m² a month in costs and €4/m² of repair fund. Source: the association's annual reports (e-Business Register), floor area from the Building Register.
Building: Vormsi tn 18, Tallinn. Data: the association's annual reports 2023 (e-Business Register), the latest for 2023.
All figures: the association's 2023 annual report; €/m² = per m² of flats (7 986 m², Building Register); "a month" = yearly amount ÷ 12.
The association's joint loan (usually for renovation). Repayments are part of the monthly fees.
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 16 neighbouring associations (median): total costs €2.61 · fees €1.10 · repair fund €4/m²
On the same street: Vormsi tn
| Association | Distance | Flats | Total owner costs €/m²/mo | Association fees €/m²/mo | Repair fund balance €/m² | Loan balance | Year |
|---|---|---|---|---|---|---|---|
| Vormsi tn 18 (this one) | – | 129 | – | – | – | no | 2023 |
| Vormsi tn 4 | 210 m | 60 | €2.56 | €1.83 | €4 | no | 2025 |
| Vormsi tn 6 | 200 m | 89 | €2.50 | €1.26 | €1 | no | 2025 |
| Vormsi tn 8 | 160 m | 30 | €2.96 | €0.93 | €3 | €152 927 | 2025 |
| Vormsi tn 10 | 150 m | 30 | €2.60 | €0.64 | – | no | 2025 |
| Vormsi tn 12 | 140 m | 45 | €2.66 | €0.61 | €21 | €72 007 | 2025 |
| Vormsi tn 16 | 90 m | 132 | €2.52 | €1.25 | €1 | €399 540 | 2025 |
| Neighbours' median | €2.58 | €1.09 | €3 |
Nearby (within 500 m)
| Association | Distance | Flats | Total owner costs €/m²/mo | Association fees €/m²/mo | Repair fund balance €/m² | Loan balance | Year |
|---|---|---|---|---|---|---|---|
| Vormsi tn 18 (this one) | – | 129 | – | – | – | no | 2023 |
| Läänemere tee 9 | 60 m | 60 | €2.43 | €0.45 | €45 | no | 2025 |
| Läänemere tee 24 | 90 m | 60 | €2.62 | €1.13 | – | no | 2025 |
| Läänemere tee 11 | 100 m | 45 | €3.01 | €1.25 | €5 | €84 486 | 2024 |
| Läänemere tee 22 | 150 m | 105 | €3.10 | €1.30 | – | no | 2025 |
| Läänemere tee 34 | 240 m | 107 | €2.26 | €0.75 | – | no | 2025 |
| Läänemere tee 23 | 260 m | 40 | €2.81 | €0.69 | €10 | no | 2025 |
| Läänemere tee 17 | 280 m | 216 | – | €2.48 | €3 | no | 2025 |
| Läänemere tee 38 | 300 m | 180 | €2.91 | €0.82 | €7 | no | 2025 |
| Läänemere tee 36 | 300 m | 144 | – | €2.32 | €8 | no | 2025 |
| Linnamäe tee 29 | 350 m | 45 | €2.58 | €1.07 | €4 | no | 2025 |
| Neighbours' median | €2.72 | €1.10 | €7 |
What owners pay for
Fees by type in 2023, as written in the report. "Average flat" = amount ÷ 129 flats ÷ 12; a bigger flat pays more.
| Fee | What it covers | Per year | €/m²/month | Average flat / month | Year before |
|---|---|---|---|---|---|
| Remonditasud 21saved in the repair fund for future works | saved in the repair fund for future works | €0 | €0.00 | €0 | €17 869 |
| ноопе kindlustusmaksedbuilding insurance | building insurance | €1 192 | €0.01 | €1 | €1 192 |
| Laenuintresside maksedrepays the association's loan and interest | repays the association's loan and interest | €0 | €0.00 | €0 | €90 |
| Total | €1 192 | €0.01 | €1 |
Fee names as written in the report.
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.
Works done, per the reports
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 2023.
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.
| 2023 |
|---|
Board's management report
Short summary of the 2023 report.
NЛеiе чёikеsе turu tбttu pole aga saada Skalamobilrga maksumus oli 1 728,00 seadmega kёгusrd, Hetkel seade eitoбta, seisab niisama, valaliku Soojussбlm 4. trepikoja soojussбlm Utilitase lёЬi viidud Ulevaatust, з.2о2З aasta suvel ei lёЬiпud vastu. kahest esitatud pakkumisest valiti ou Densani otsustati vahetada tёiеs ulatuses kaasae!se pikkuses jёrеlmаksus (ДGR OU pakutava pakkumine, kuпа nendega olivбimalik kblku ieppiOa 5 kuu poole poorduda, uue soojussбlme maksumus koos 2kuulise asemel), ilma et oleks vaja рапgа paigaldusega oli '1В 300 еurоt, ja чёгvim'rstооd SUmmas 400 eurot, Seoses lae lekke tбttu viidi 1 ja 3. trepikoja esikus IёЬi krohvimis jb vdrvimiseks summa 402 еurоt, Tёid teostas таrk Еksреrt даstаks 2о22 rеsеrчееriti krohvimiseks GrUрр OU л.л лл с т^ iА+ лл+ ао 240,00 € , Toid teostas дkris лlzriс Ehitus OU kогtегts 20 lae lekke tбttu teostati maalritood kuludega rikiega korteris з8,42,4в,5з, 57,104,107,110 4. Seoses kana1isatsioonitбusutoru hermeetilisuse ja horisontaalsed osad чёljа (omaniku kulul 546,00 € ), vahetati seal veгtikaalsed 756,00 €.
See also
Frequently asked questions
Does the Vormsi tn 18 apartment association have a loan?
No. The association had no loan at the end of 2023.
How does the Vormsi tn 18 apartment association compare with neighbouring buildings?
There are 16 associations with reports on the same street and within 500 m. Their median: total costs €2.61/m² per month; repair fund €4.40/m².
How big is the Vormsi tn 18 apartment association and who manages it?
129 flats. Registry code 80131791; reports 2023 (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 7 986 m².