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Single-Engine Piston

1983 MOONEY M20K 231

🕒 Listed 8 days ago
$125,000
fyiEstimate $144,000–$147,500 ⓘ How this estimate is built

Starts from the median asking price of 20 comparable Mooney M20K 231 listings ($139,950), then adjusts for:

  • Year +3 vs comparable listings +4.5%
  • Airframe time +705 hr vs comps -1.4%
  • Engine time +471 hr vs comps -3.8%
  • Modern GPS navigator (65% of comps) +1.6%
  • ADS-B (80% of comps) +0.5%
  • Market supply: 20 for sale of 771 FAA-registered +2.8%

Shown as a range. An estimate from asking-price comparables and FAA supply data — not an appraisal.

1983
4,030 hrs
N1162D ✈ Flight Tracking
—
25-0730
—
1
—
—

Overview

Make / ModelMooney M20K 231
TypeSingle-Engine Piston
Airframe time4,030 hrs
Engine time1,595 SFRM
Avionics / GPSGarmin GNS 430
Avionics / TransponderGARMIN GTX 335D
Avionics / AutopilotKing KFC200
Avionics / Audio panelGARMIN GMA 340
Avionics / Nav / com radioBendix KX-165
Avionics / GPS / navGNS-430W
Avionics / ADFKR-87
Avionics / DMEKN-64
Avionics / Datalink weatherGDL-69A
Avionics / Standby instrumentKI-256
AnnualMay 2027
InspectionAnnual
Garmin GPS Autopilot ADS-B

Description

A 2026 offering priced like it is still 2016... This is very close to a wholesale deal. A very attractive '231'. The plane has been well maintained, equipped with a Garmin 430W (WAAS), GTX-345 (ADS-B In and Out), Speed Brakes, Merlyn Wastegate and Modern Engine Monitor.

Modifications

JP Instruments EDM-830 Color Digital and Graphic Engine Monitor, Precise Flight Electric Speed Brakes, Merlyn Differential Pressure (Wastegate) Controller, Guardian Electric Stand-by Vacuum System, LED Landing Lights, Dual Glide Slopes, Avionics Master, Built in 4-port Oxygen System, Split Fold-down Quick Remove Rear Seats, Articulating Front Seats, LASAR Fully Articulating Sun Visors, Dual Yoke Mounted PTT, Wingtop Mechanical Fuel Gauges.

Avionics

Garmin GMA-340 Audio Panel / Intercom with 3 Light Marker Beacon. Garmin GNS-430W WAAS GPS / Nav / Com / Moving Map. Garmin FlightStream 210 (coupled to GNS-430). Garmin GTX-335 Digital Mode S / ADS-B Transponder (ADS-B and Out). Garmin GDL-69A XM Datalink Receiver (Weather and Music). King KX-165 Digital NavComm with Glide Slope. King KN-64 Digital DME. King KR-87 Digital Transponder with Elapsed Timer and Remote Indicator. King KCS-55A Electric Slaved HSI System and KI-256 Flight Director. King KFC-200 AutoPilot with Altitude Hold, Coupled to HSI / Nav / GPS. BF Goodrich WX-10 Stormscope.

Recommended avionics upgrades

Garmin GTN 650Xi

A GNS 430 upgrades naturally to the GTN 650Xi — same footprint, touchscreen GPS/nav/comm with LPV approaches.

See prices & suppliers ›

Suggestions are based on the panel described in this listing; verify STC approval for this make/model before any installation.

Service Difficulty Reports (SDRs)

Checking FAA service difficulty reports…

Airworthiness Directives (ADs)

Checking airworthiness directives…

How this aircraft compares

Where this Mooney M20K 231 lands versus other Mooney M20K 231 listings on fyiAero.

Price

40th pct
$105k$195kThis aircraft · $125k

$125k · 40th percentile of 20 listings

Airframe time

78th pct
1,7025,990This aircraft · 4,030

4,030 hours total (TTAF) · 78th percentile of 18 listings

Engine time

99th pct
701,595This aircraft · 1,595

1,595 hours since factory reman · 99th percentile of 17 listings

Percentile = share of comparable listings at or below this value. Lower airframe/engine hours are generally fresher; price reflects the asking price only.

General

Year1983
ManufacturerMOONEY
ModelM20K 231
Serial Number25-0730
Registration #N1162D
ConditionUsed

Airframe

Total Time4,030

Engine

Engine 1 Time1,595 SFRM
Engine TBO1800

Avionics

Avionics/RadiosGarmin GMA-340 Audio Panel / Intercom with 3 Light Marker Beacon. Garmin GNS-430W WAAS GPS / Nav / Com / Moving Map. Garmin FlightStream 210 (coupled to GNS-430). Garmin GTX-335 Digital Mode S / ADS-B Transponder (ADS-B and Out). Garmin GDL-69A XM Datalink Receiver (Weather and Music). King KX-165 Digital NavComm with Glide Slope. King KN-64 Digital DME. King KR-87 Digital Transponder with Elapsed Timer and Remote Indicator. King KCS-55A Electric Slaved HSI System and KI-256 Flight Director. King KFC-200 AutoPilot with Altitude Hold, Coupled to HSI / Nav / GPS. BF Goodrich WX-10 Stormscope.

Additional Equipment

Additional EquipmentJP Instruments EDM-830 Color Digital and Graphic Engine Monitor, Precise Flight Electric Speed Brakes, Merlyn Differential Pressure (Wastegate) Controller, Guardian Electric Stand-by Vacuum System, LED Landing Lights, Dual Glide Slopes, Avionics Master, Built in 4-port Oxygen System, Split Fold-down Quick Remove Rear Seats, Articulating Front Seats, LASAR Fully Articulating Sun Visors, Dual Yoke Mounted PTT, Wingtop Mechanical Fuel Gauges.

Inspection Status

Inspection StatusVery Well Maintained. Annual Due May 2027.

Operating costs & specifications — Mooney M20K 231

Typical model-level figures for the Mooney M20K 231 (not this specific airframe).

$21,368annual budget · 84 hrs/yr
$125variable cost / hour
$0.65cost per nm
13.3gph fuel burn
$141,402avg pre-owned asking fyiEstimate  $144,000–$147,500

Performance & dimensions

Range980 nm
Cruise speed191 kts · 220 mph
Takeoff / landing1220.0 / 1147.0

About this plane

Single engine piston aircraft with retractable landing gear. The M20K 231 seats up to 3 passengers plus 1 pilot.

Range from base

Still-air range ring — type an aircraft to change it. Compare aircraft on the Range tool ›

Last flight

Actual flight path from FlightAware for N1162D. More flight tracking ›