✓ Verified May 1, 2026 Põhja-Tallinna · Tallinn

Kalevi tn 38, Tallinn

Built in 1938, this 3-story residential building is located in Põhja-Tallinna linnaosa · 9 apartments · energy class E.

Kalevi tn 38, Tallinn hoone ja korterite väärtuskaart
3 floors 9 apartments EHR 101016058 ↗ Cadastre 78408:801:2790 100% Residential Land (Freehold)

Estiq consolidates apartment price levels, AVM valuation, market trends, micro-location, living environment, EHR technical parameters, and official registry certificates in one view.

Automated Market Valuation & Building Benchmark

Kalevi tn 38 is a 3-storey residential building built in 1938, with 9 apartments, energy class E. The Estiq AVM benchmark is €3 597/m², 3.9% above the Põhja-Tallinna median (notarised apartment transaction median €3 461/m²).

Kalevi tn 38 is a 3-storey residential building completed in 1938 in Põhja-Tallinna, with 9 apartments. Load-bearing structure: Timber Frame (EHR register). The most common unit type is 2-room apartments (5 of them). Energy class E (per energy certificate).

Based on the Estiq valuation model and Land Board transaction registries, the building price benchmark is 3 597 €/m², which is approximately 3.9% above the Põhja-Tallinna median (notarised apartment transaction median €3 461/m²). The building demonstrates high transaction liquidity for 2-room units, with a typical market value of around €148 196.

✓ Well Suited For

First-time home buyers, 1–2 person households, and rental investors.

⚠ Key Considerations

Energy class E, open surface parking, and 1938 construction vintage.

€570–€670/mo

Modelled monthly rent for a 2-room unit (not a market measurement).

4,6–5,4%

Estimated gross rental yield for investment.

Apartment Prices & Room Breakdown

Official Building Register (EHR) apartment types and Estiq valuation ranges.

Apartment Count Typical Size €/m² Value Range
1-room 1 36.5 m² €3 777 €121 317–€154 404
2-room 5 32.9 – 48.9 m² €3 597 €130 413–€165 980
3-room 2 79.4 – 80.1 m² €3 453 €242 483–€308 615
Most units in the building vary: actual transaction prices depend directly on floor level, interior condition, basement storage, and parking rights.

Apartment Instant Valuation Calculator

Building benchmark + apartment-specific attributes. Select parameters to see calculated fair market value.

1-room · 36.5 m² 2-room · 41.2 m² 3-room · 79.8 m²
41,2 m² +
Needs repair −10% Good condition Renovated +10%
1st floor −2% Middle floor Top floor
Balcony / loggia +€3 000 Basement storage +€2 000 Parking space +€5 000
Calculated Fair Market Value
€153 196
ca €3 718 / m² · model estimate
Suggested Listing Price €160 856
Expected Monthly Rent €570–€670/mo
Price per m² €3 718/m²
Negotiation buffer 3–5%
Methodology: automated statistical AVM valuation based on official Land Board sales records. Does not substitute a certified appraisal report under EVS 875 standards.

Estiq Building Scorecard™

8-dimensional audit of living environment, safety, infrastructure, and market liquidity.

Composite Score
7,4 / 10
Location & Transit8,9

Kungla stop 201 m / 3 min; fast connection to city centre.

Weight 20%
Education & Schools6,5

Gustav Adolfi Gümnaasium 1013 m; state exams rating 75.1/100; kindergarten 677 m.

Weight 15%
Air Quality & Environment8,1

AQI 1 (good), noise level 53 dB (moderate), modelled (Lden), nearest park Kalamaja kalmistupark 721 m. Sources: Estiq noise model (CNOSSOS-EU); Estiq air-quality index derived from Keskkonnaagentuur data.

Weight 10%
Safety & Crime Risk8,0

Police open data: low crime risk, compliant fire safety standards.

Weight 10%
Condition & Vintage5,9

Built in 1938; load-bearing structure Timber Frame.

Weight 15%
Energy Efficiency & Heating5,2

EHR / KredEx registered energy class E; heating type District Heating.

Weight 10%
Lifestyle & Infrastructure8,1

Kalamaja kalmistupark 721 m; grocery stores 611 m.

Weight 10%
Market Liquidity & Demand7,8

Land Board transaction volume in this micro-location (171 transactions over 12–18 mo. in the "built <1939" cohort).

Weight 10%

Price Trends & Sales Strategy

Transactions in last 12 months · Land Board · Põhja-Tallinna · built <1939 cohort.

Quarterly sales price €/m² (Sample: 171 deals · built <1939)
Sales ✨ Next Q Forecast +19.6% YoY
Kalevi tn 38 AVM benchmark: €3 597/m² €3 048 2025 Q2 47 deals €3 350 2025 Q3 39 deals €3 344 2025 Q4 32 deals €2 968 2026 Q1 40 deals €3 645 2026 Q2 13 deals €3 480 2026 Q3 ✨ Forecast

Sales Strategy

AVM Fair Market Value
€3 597/m²
Price Band
€3 165–4 029
Suggested Listing Price
€155 606
Asking Price€3 777/m²
Negotiation room~3–5%

Location Map & 10-Min Proximity

Within a 10-minute walk, there are 12 key infrastructure facilities · Coordinates 59.446041, 24.729026 · Cadastre 78408:801:2790.

🚏 Kungla stop
Transit Stop · Bus / Local transit
201 m · 3 min
🚏 Volta (ajutine) stop
Transit Stop · Bus / Local transit
402 m · 5 min
🚏 Salme stop
Transit Stop · Bus / Local transit
407 m · 5 min
🚏 Volta stop
Transit Stop · Bus / Local transit
413 m · 6 min
🛒 Balti Jaama Turg & Selver
Supermarket · Groceries & daily goods
611 m · 8 min
🛒 Telliskivi Rimi
Supermarket · Groceries & daily goods
625 m · 8 min
🧒 Kalamaja Lasteaed
Kindergarten · Pre-school education
677 m · 9 min
🌳 Kalamaja kalmistupark
Park · Recreation & walking
721 m · 10 min
🌳 Noblessneri ja Kalaranna rannapromenaad
Park · Recreation & walking
900 m · 12 min
🛒 Arsenal Selver
Supermarket · Groceries & daily goods
948 m · 13 min
🎓 Gustav Adolfi Gümnaasium
School · Exam rating: 75.1/100
1013 m · 14 min
🌳 Toompark ja Snelli tiik
Park · Recreation & walking
1014 m · 14 min
Exceptional walking accessibility underpins the strong micro-location rating of this building.

Neighborhood Vintage & Demographics: Põhja-Tallinna linnaosa

Official open data from Statistics Estonia REL2021 census and Building Register EHR.

Resident Age Distribution

437 817 residents
0–17 (Children & youth) 18.7% · 81 762
18–64 (Working age) 62.4% · 273 008
65+ (Seniors & retirees) 19% · 83 047

Education Level (15+)

368 377 residents
Basic or primary education 12.7% · 46 946
Secondary / vocational education 37.4% · 137 875
Higher education (BSc, MSc, PhD) 47.1% · 173 485
Education unknown 2.7% · 10 071

Construction Era & Housing Stock

225 177 dwellings
Pre-War & Historic (< 1945) 11.1% · 25 046
Soviet Era (1946–1990) 65.7% · 147 900
Post-Independence (1991–2010) 13% · 29 357
Modern Developments (2011+) 9.2% · 20 698

Peak construction era: 1981–1990.

Energy Efficiency Distribution A–G

225 177 dwellings
A 3.6% · 8 204
B 5.5% · 12 494
C 6.9% · 15 649
D 6.1% · 13 708
E · this building 66.6% · 150 076
F–G 11.1% · 25 046

Building Technical Profile (At a Glance)

Official parameters verified against EHR and Land Board registries.

Year Built1938
Total Apartments9
Floors3
Energy ClassE
Land Ownership100% Residential Land (Freehold)
Plot Size3 714 m²
Heating SystemDistrict Heating
Load-bearing StructureTimber Frame
Elevators0
Staircases2
Parking Spaces30
Noise Level53 dB · moderate

EHR Technical Audit & Official Registries

Technical compliance, fire safety, elevator inspections, cadastre, and audit records.

Audits Valid

EHR · Building Register

Code 101016058 · primary occupancy permit issued.

Occupancy Permit Active

Timber Frame. According to EHR records, there are no outstanding enforcement orders.

View in Building Register (EHR) ↗

Rescue Board Fire Safety Inspection

Periodic inspection completed.

Fully Compliant

Evacuation corridors clear, fire barrier doors compliant, smoke extraction systems tested.

CPRA (TTJA) Elevator & Equipment Audit

0 passenger elevators have passed periodic technical inspection.

Valid

Elevators comply with applicable TTJA safety standards.

Cadastral & Land Use Status

78408:801:2790 · plot area 3 714 m².

100% Residential Land (Freehold)

Official designated purpose of the property is 100% residential land.

Apartment buildings on Kalevi tn

11 buildings on the street · street median €3 446/m² (n=11) · real-time filterable comparison.

Address Year Built Estiq €/m² Typical Unit Energy Class
Kalevi tn 24a 1946 €3 067 ~€150 896 E ~ View →
Kalevi tn 28 1946 €3 088 ~€151 922 E View →
Kalevi tn 29 1903 €3 595 ~€176 866 E ~ View →
Kalevi tn 30 1977 €3 063 ~€150 700 E ~ View →
Kalevi tn 31 1820 €3 555 ~€174 918 E ~ View →
Kalevi tn 32 2014 €3 054 ~€150 273 E ~ View →
Kalevi tn 32a €3 446 ~€169 534 D View →
Kalevi tn 33 1931 €3 582 ~€176 220 E ~ View →
Kalevi tn 38 This building 1938 €3 597 ~€148 196 E Active

Official Data Sources & Registry Verification

Direct data linkages, authoritative registries, and update timestamps.

Data Dimension Official Source Governing Authority Last Verified Status
Building Specs & Occupancy Permit EHR · 101016058 Ministry of Regional Affairs last synced · 01.05.2026 Valid
Cadastral Unit & Land Zoning Land & Spatial Board · 78408:801:2790 Land & Spatial Board last synced · 01.05.2026 Confirmed
Notarized Sales Transactions Land Board Transactions Database Land & Spatial Board last synced · Q2/Q3 2026 Synchronized
Demographics & Census Data Population Register & RL21 Statistics Estonia annual (2021 census) Official
Safety & Environmental Monitoring Noise Maps, Air Quality & Police Police Board / Environment Agency last synced · 01.05.2026 Checked
Market Rent & Gross Yield Model assumption: 4,6–5,4% gross yield on the Estiq AVM value; the monthly rent is derived from it, not measured Estiq AVM 2026 model parameters Statistical
Valuation Methodology Estiq AVM EVS 875 Valuation Framework 2026 model weights Statistical

Building Energy Rating Guide

The energy performance certificate reflects the heating efficiency and energy consumption intensity of the building.

A Nearly Zero Energy Building Extremely low energy demand
B Low Energy Building Very high thermal performance
C Energy Efficient Good standard efficiency
D Average / Refurbished Moderate heating expenses
E · this building Higher Energy Demand Noticeable heat loss; typical of older housing stock
F–G High / Very High Consumption Requires substantial energy efficiency renovation

Key Risk Factors

  • Built in 1938: technical utility systems require periodic updating and capital maintenance.
  • Energy class E: expected winter heating expenses are higher than modern A/B developments.
  • Parking: on-grade surface parking on parcel/street; no separate underground garage.
  • Valuation nuance: bank collateral value for a specific unit depends fundamentally on interior finish.

Frequently Asked Questions (FAQ)

Structured answers compiled for buyers, sellers, search engines, and AI systems.

What building is located at Kalevi tn 38, Tallinn?

Kalevi tn 38 is a 3-story apartment building constructed in 1938, located in Põhja-Tallinna linnaosa, comprising 9 apartments. The EHR registry code is 101016058 and cadastral ID is 78408:801:2790. Estiq reports energy class E.

What is the average price per sqm and market value for apartments at Kalevi tn 38?

The Estiq AVM model estimate is 3 597 €/m². The valuation range spans 3 165–4 029 €/m². The calculated fair value of a typical 2-room apartment is approximately €148 196.

How much does a 40 sqm or 50 sqm apartment cost at Kalevi tn 38?

Based on the 3 597 €/m² benchmark, a 40 sqm apartment is indicatively valued at €143 880 and a 50 sqm apartment at €179 850. Actual value depends on interior condition, floor, parking, and storage.

How are apartment prices distributed by room count?

1-room: €121 317–€154 404; 2-room: €130 413–€165 980; 3-room: €242 483–€308 615.

At what asking price should a seller list?

The strategic recommended listing price is approximately €3 777/m² (for a 2-room unit, about €155 606), allowing a 3–5% negotiation buffer.

How much rental income can a 2-room apartment generate?

A 2-room apartment in good condition has an estimated market rent of €570–€670 per month, generating an estimated gross yield of 4,6–5,4%.

Is Kalevi tn 38 a good rental investment?

Data indicates that compact apartment layouts, proximity to transit (201 m to stop), and active district tenant demand are positive investment drivers. Prior to purchasing, inspect individual apartment condition, utility costs, and actual occupancy demand.

Does the Estiq online valuation replace a bank-certified appraisal?

No. Estiq AVM is a data-driven statistical benchmark. Mortgage financing applications require a certified appraisal report performed by a licensed appraiser in accordance with EVS 875 standards.

How accurate is the Estiq automated valuation (AVM)?

The Estiq AVM reports a confidence band by comparable-transaction volume: ±5–8% where comparables are plentiful, ±10–14% with moderate data, ±18–25% where data is sparse. Accuracy is higher in active areas and lower for atypical properties. It is a statistical benchmark, not an EVS 875 report. See the methodology page.

Building data reconciled against the EHR and Land Board (Maa-amet) registries. AVM methodology by Martin Koppel, Estiq real estate valuation advisor (methodology aligned with the EVS 875 standard). This is an automated model estimate, not an EVS 875 appraisal report. Updated 01.05.2026.

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