Tallinn, Mahtra tn 21 korteriühistu
Association of 72 flats. Repair fund has shrunk; new loan taken in 2025; small reserve capital.
Mahtra tn 21 korteriühistu is a 72-flat apartment association in Lasnamäe district, Tallinn. Per its 2025 annual report, a typical flat paid the association €145 a month; association fees excluding utilities were €2.66/m² a month.
The repair fund held €5 106 at year end (€1/m², ≈ €71 per flat); in 2022 it was €49 398 — lowest quarter locally. The association has a loan of €68 541 (≈ €952 per flat), last repayment 2029. Member fees rose 329% in 2022–2025 (€28 391 → €121 745 a year).
There are 25 associations with reports on the same street and within 500 m; their median is €2.49/m² a month in costs and €10/m² of repair fund. Source: the association's annual reports (e-Business Register), floor area from the Building Register.
Building: Mahtra tn 21, 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 (3 811 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.
! Worth watching
- Repair fund has shrunk€69 747 (2023) → €5 106 (2025), repairs in the period €198 490
- New loan taken in 2025outstanding €68 541 — usually for renovation; repayments are part of the fees
- Small reserve capital€8 000 — less than one month of costs (€10 145)
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 €2.49 · fees €0.71 (here €2.66) · repair fund €10/m² (here €1)
On the same street: Mahtra tn
| Association | Distance | Flats | Total owner costs €/m²/mo | Association fees €/m²/mo | Repair fund balance €/m² | Loan balance | Year |
|---|---|---|---|---|---|---|---|
| Mahtra tn 21 (this one) | – | 72 | – | €2.66 | €1 | €68 541 | 2025 |
| Mahtra tn 2 | 410 m | 80 | €2.60 | €0.37 | – | no | 2025 |
| Mahtra tn 4 | 400 m | 72 | €2.97 | €0.76 | €7 | no | 2025 |
| Mahtra tn 6 | 350 m | 108 | €2.72 | €1.30 | €4 | no | 2025 |
| Mahtra tn 8 | 390 m | 30 | €3.12 | €1.56 | €2 | €65 529 | 2025 |
| Mahtra tn 9 | 210 m | 180 | €2.17 | €0.68 | €12 | €3 067 | 2025 |
| Mahtra tn 10 | 340 m | 60 | €2.59 | €0.49 | €13 | no | 2025 |
| Mahtra tn 12 | 410 m | 80 | €2.59 | €1.45 | €3 | no | 2025 |
| Mahtra tn 14 | 380 m | 72 | €2.07 | €0.80 | – | no | 2025 |
| Mahtra tn 15 | 170 m | 72 | €2.38 | €0.63 | €6 | no | 2025 |
| Mahtra tn 16 | 330 m | 108 | – | €0.50 | €23 | no | 2025 |
| Mahtra tn 17 | 140 m | 72 | €2.49 | €0.32 | €10 | no | 2025 |
| Mahtra tn 18 | 400 m | 30 | €2.46 | €0.49 | – | no | 2025 |
| Mahtra tn 20 | 350 m | 60 | €2.66 | €0.59 | – | no | 2025 |
| Mahtra tn 22 | 300 m | 80 | €2.97 | €0.70 | €17 | no | 2025 |
| Mahtra tn 23 | 60 m | 73 | €2.26 | €0.91 | – | no | 2025 |
| Neighbours' median | €2.59 | €0.68 | €8 |
Nearby (within 500 m)
| Association | Distance | Flats | Total owner costs €/m²/mo | Association fees €/m²/mo | Repair fund balance €/m² | Loan balance | Year |
|---|---|---|---|---|---|---|---|
| Mahtra tn 21 (this one) | – | 72 | – | €2.66 | €1 | €68 541 | 2025 |
| Raadiku tn 2 | 120 m | 72 | €1.41 | €0.92 | – | no | 2025 |
| Raadiku tn 4 | 160 m | 72 | €2.39 | €0.66 | €16 | no | 2025 |
| Raadiku tn 3 | 210 m | 90 | €2.85 | €0.74 | – | no | 2025 |
| K. Kärberi tn 8 | 360 m | 72 | €2.37 | €1.19 | €4 | no | 2025 |
| K. Kärberi tn 2 | 370 m | 72 | €2.33 | €0.72 | €8 | no | 2025 |
| Raadiku tn 9 | 380 m | – | – | – | – | no | 2025 |
| K. Kärberi tn 12 | 380 m | 60 | €2.83 | €0.49 | €34 | no | 2025 |
| K. Kärberi tn 14 | 430 m | 45 | €2.65 | €1.29 | €10 | no | 2025 |
| K. Kärberi tn 4 | 460 m | 217 | €2.43 | €0.80 | €12 | no | 2025 |
| K. Kärberi tn 16 | 470 m | 60 | €2.16 | €0.52 | – | no | 2025 |
| Neighbours' median | €2.39 | €0.74 | €11 |
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 2025: €5 106 = €1.34/m² ≈ €71 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.
€68 541 outstanding at the end of 2025 ≈ €952 per flat
Principal due in the next 12 months €20 045 ≈ €1 670 a month (€23 per flat, plus interest)
| Lender | Balance | Rate | Ends |
|---|---|---|---|
| – | €68 541 | 4.40% | 2029-03 |
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 | €121 745 | €126 926 | €30 615 | €28 391 | ×4.3 |
| Repair spending | €94 680 | €103 810 | €8 141 | €7 914 | ×12.0 |
| Repair fund balance | €5 106 | €21 | €69 747 | €49 398 | −90% |
| Loan balance | €68 541 | €0 | €0 | – | – |
| Cash | €14 342 | €8 285 | €77 242 | €57 304 | −75% |
| Reserve capital | €8 000 | €8 000 | €8 000 | €8 000 | ≈ |
| Association expenses (income statement) | €121 745 | €126 931 | €30 622 | €28 395 | ×4.3 |
* 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.
Ühistut juhib 5-liikmeline juhatus.
board: 5 members · members: 71 private + 1 companies.
See also
Frequently asked questions
What are the running costs of the Mahtra tn 21 apartment association?
Per the association's 2025 annual report: a typical flat paid €145 a month; the association's own fees excluding utilities €2.66/m² per month.
How big is the repair fund of the Mahtra tn 21 apartment association?
The repair fund held €5 106 at the end of 2025 (€1.34/m², ≈ €71 per flat). In 2022 it was €49 398. Compared with Mustakivi subdistrict: lowest quarter locally.
Does the Mahtra tn 21 apartment association have a loan?
Yes. The loan balance at the end of 2025 was €68 541 (≈ €952 per flat), interest 4.40%, last repayment 2029. The loan stays with the building when a flat is sold; repayments are part of the monthly fees.
Have the fees of the Mahtra tn 21 apartment association gone up?
Member fees totalled €28 391 in 2022 and €121 745 in 2025 — a change of +329%. Latest year: −4.1% vs 2024.
How does the Mahtra tn 21 apartment association compare with neighbouring buildings?
There are 25 associations with reports on the same street and within 500 m. Their median: total costs €2.49/m² per month; repair fund €9.75/m² (here €1.34/m²).
How big is the Mahtra tn 21 apartment association and who manages it?
72 flats, board of 5. Registry code 80136280; 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 3 811 m².