Apartment association Registry code 80156414 Reports 2021–2025 85 flats e-äriregister ↗

Tallinn, Madala tn 11 korteriühistu

Association of 85 flats. Repair fund has shrunk; sharp rise in association fees: +84% (2025); small reserve capital.

Madala tn 11 korteriühistu is a 85-flat apartment association in Põhja-Tallinn district, Tallinn. Per its 2025 annual report, a typical flat paid the association €129 a month; total costs including utilities were €2.80/m² a month (within the usual local range, Pelguranna subdistrict).

The repair fund held €1 872 at year end (€0/m², ≈ €22 per flat); in 2021 it was €20 199 — lowest quarter locally. It has no loan. Member fees rose 175% in 2021–2025 (€28 916 → €79 417 a year).

There are 23 associations with reports on the same street and within 500 m; their median is €3.01/m² a month in costs and €20/m² of repair fund. Source: the association's annual reports (e-Business Register), floor area from the Building Register.

Building: Madala tn 11, Tallinn. Data: the association's annual reports 2021–2025 (e-Business Register), the latest for 2025.

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All figures: the association's 2025 annual report; €/m² = per m² of flats (3 936 m², Building Register); "a month" = yearly amount ÷ 12.

Total owner costs ?€2.80/m² per monthtypical flat €129/month · incl. utilities · Pelguranna subdistrict median €3.03/m² per month≈ vs 2024

What an owner pays the association each month in total, usually including heating, water and electricity.

Association fees ?€1.68/m² per monthexcl. utilities · repair fund €1.01/m² · Pelguranna subdistrict median €1.08/m² per month+84% vs 2024

The association's own charges without utilities: upkeep, management, repair fund, loan.

Repair fund balance ?€1 872€0.48/m² · lowest quarter locally−93% vs 2024

Money saved for future repairs. A bigger balance means less risk of a sudden extra charge.

Loan balance ?No loansat year end

The association's joint loan (usually for renovation). Repayments are part of the monthly fees.

! Worth watching

  • Repair fund has shrunk€25 436 (2024) → €1 872 (2025), repairs in the period €47 927
  • Sharp rise in association fees: +84% (2025)€43 112 (2024) → €79 417 (2025)
  • Small reserve capital€5 786 — less than one month of costs (€6 381)

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 23 neighbouring associations (median): total costs €3.01 (here €2.80) · fees €1.14 (here €1.68) · repair fund €20/m² (here €1)

On the same street: Madala tn

AssociationDistanceFlatsTotal owner costs €/m²/moAssociation fees €/m²/moRepair fund balance €/m²Loan balanceYear
Madala tn 11 (this one)–85€2.80€1.68€1no2025
Madala tn 4370 m48€1.98€1.08–no2025
Madala tn 5200 m53€2.62€1.31€20no2025
Madala tn 6330 m48€3.24€0.66€30no2025
Madala tn 8290 m48€2.90€1.93€14€1 3462025
Madala tn 10250 m48€2.76€0.76€43no2025
Madala tn 15100 m90€2.53€0.74€21no2025
Madala tn 16160 m88€3.35€1.37€0no2025
Madala tn 20100 m32€4.20€3.03€15no2025
Neighbours' median€3.10€1.08€21

Nearby (within 500 m)

AssociationDistanceFlatsTotal owner costs €/m²/moAssociation fees €/m²/moRepair fund balance €/m²Loan balanceYear
Madala tn 11 (this one)–85€2.80€1.68€1no2025
Randla tn 1360 m152–€1.17€16no2025
Randla tn 15100 m208–––no2025
Randla tn 24100 m85–€3.01€2no2025
Kari tn 20110 m85€2.90€0.61€16no2025
Randla tn 11120 m163–––no2025
Pelguranna tn 41150 m48€3.17€2.38€23no2025
Kari tn 24150 m45€2.88€1.14€6€19 4322025
Tuulemaa tn 14180 m64€2.35€0.54€27no2025
Neighbours' median€2.90€1.15€16

What owners pay for

Fees by type in 2025, as written in the report. "Average flat" = amount ÷ 85 flats ÷ 12; a bigger flat pays more.

FeeWhat it coversPer year €/m²/month Average flat / month Year before
Hooldustasudday-to-day upkeep and small fixesday-to-day upkeep and small fixes€31 490 €0.67 €31 €28 341
Remonditasu remonditööde kattekssaved in the repair fund for future workssaved in the repair fund for future works€47 927 €1.01 €47 €14 771
Total€79 417 €1.68 €78

Fee names as written in the report.

Compared with Pelguranna subdistrict

Green band = the middle half of the area's associations (2025), tick = median, dot = this association.

Total costs incl. utilities, €/m² per month
within the usual local range · median €3.03 · usual range €2.67–€3.32 · 124 associations
Association fees, €/m² per month
highest quarter locally · median €1.08 · usual range €0.80–€1.58 · 141 associations

Association fees per year

All flats together, excluding utilities.

2021: €28 916€28 9162021*2022: €60 381€60 38120222023: €37 064€37 06420232024: €43 112€43 11220242025: €79 417€79 4172025

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.

2021: €20 199€20 1992021*€020222023: €11 629€11 62920232024: €25 436€25 43620242025: €1 872€1 8722025

Money in and out

When the collected bar is taller the fund grew; when spending is taller, savings were used.

Collected into the repair fundRepair spending2021: €7 504€7 5042021*2022: €14 170€14 1702022: €36 743€36 74320222023: €14 170€14 1702023: €9 511€9 51120232024: €22 043€22 0432024: €14 771€14 77120242025: €28 578€28 5782025: €47 927€47 9272025

Repair fund at the end of 2025: €1 872 = €0.48/m² ≈ €22 per flat

lowest quarter locally · median €12/m² · usual range €6/m²–€22/m² · 107 associations

Works done, per the reports

2025Remonditööd: €46 733Kindlustus: €1 194
2024Remonditööd: €13 734Kindlustus: €1 037
2023Remonditööd: €8 580Kindlustus: €931
2022Remonditööd: €35 768Kindlustus: €975

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 2025.

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.

20252024202320222021*Change
Association fees per year€79 417€43 112€37 064€60 381€28 916 +175%
Collected into the repair fund€28 578€22 043€14 170€14 170– +102%
Repair spending€47 927€14 771€9 511€36 743€7 504 ×6.4
Repair fund balance€1 872€25 436€11 629€0€20 199 −91%
Cash€10 659€29 394€17 890€1 946€27 578 −61%
Reserve capital€5 786€5 786€5 786€5 786€5 786 ≈
Association expenses (income statement)€76 570€45 183€53 883€61 724€32 971 +132%
Result for the year€3 075−€1 851−€864−€1 093−€1 451 –

* from the comparative column of the following year's report.

"Of which repair fund" is hidden: the figure read from the report matched repair spending.

Cash at year end

Money in the bank (incl. the repair fund).

2021: €27 578€27 5782021*2022: €1 946€1 94620222023: €17 890€17 89020232024: €29 394€29 39420242025: €10 659€10 6592025

Board's management report

Short summary of the 2025 report.

Hoonet haldab Lateenia.

manager: Lateenia · members: 84 private + 1 companies.

See also

Frequently asked questions

What are the running costs of the Madala tn 11 apartment association?

Per the association's 2025 annual report: total owner costs of €2.80/m² per month including utilities; a typical flat paid €129 a month; the association's own fees excluding utilities €1.68/m² per month. The Pelguranna subdistrict median was €3.03/m² per month.

How big is the repair fund of the Madala tn 11 apartment association?

The repair fund held €1 872 at the end of 2025 (€0.48/m², ≈ €22 per flat). In 2021 it was €20 199. Compared with Pelguranna subdistrict: lowest quarter locally.

Does the Madala tn 11 apartment association have a loan?

No. The association had no loan at the end of 2025.

Have the fees of the Madala tn 11 apartment association gone up?

Member fees totalled €28 916 in 2021 and €79 417 in 2025 — a change of +175%. Latest year: +84% vs 2024.

How does the Madala tn 11 apartment association compare with neighbouring buildings?

There are 23 associations with reports on the same street and within 500 m. Their median: total costs €3.01/m² per month (here €2.80/m² per month); repair fund €20/m² (here €0.48/m²).

How big is the Madala tn 11 apartment association and who manages it?

85 flats, managed by Lateenia. Registry code 80156414; reports 2021–2025 (e-Business Register).

Data as of 27 Oct 2026 · Sources: the association's annual reports 2021–2025 (e-Business Register), Building Register

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.
Tallinn, Madala tn 11 korteriühistu: key figures 2025 — typical flat €129 a month
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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 3 936 m².