1983 MOONEY M20K 231
Starts from the median asking price of 26 comparable MOONEY M20K 231 listings ($154,500), then adjusts for:
- Year +3 vs comparable listings +4.5%
- Airframe time +105 hr vs comps -0.2%
- Engine time -854 hr vs comps +2.6%
- Modern GPS navigator (uncommon in comps) +3.0%
- Market supply: 31 for sale of 770 FAA-registered +1.0%
Shown as a range. An estimate from asking-price comparables and FAA supply data — not an appraisal.
Overview
| Make / Model | MOONEY M20K 231 |
|---|---|
| Type | Single-Engine Piston |
| Airframe time | 3,323 hrs |
| Engine time | 115 SMOH |
| Avionics / GPS | Garmin GTN 650, GNS 430 |
| Avionics / Transponder | Garmin GTX 345 |
| Avionics / Other | Garmin GMC 507, Garmin GTN 650Xi |
| Inspection | Annual |
Description
Detailed Description PRICE REDUCED TO $175,000 1983 Mooney M20K 231 N1166D. Outstanding cross-country aircraft featuring a Continental TSIO-360-GB with only 115 hours since major overhaul and a modern Garmin-equipped IFR panel. Total airframe time 3,323.9 hours. Complete logbooks, no damage history, no insurance claims, and no gear-up history. Avionics include Garmin GTN650Xi WAAS GPS/NAV/COM, Garmin GFC500 digital autopilot, dual Garmin G5 flight instruments, and Garmin GTX345 ADS-B In/Out. Additional upgrades include a Merlyn Black Magic wastegate controller, GAMIjectors, and LED lighting. Engine: Continental TSIO-360-GB, 115 SMOH with new cylinders installed at overhaul. Propeller: McCauley 90DHB-16E, 1,117.2 hours since overhaul. Interior features leather seats and newer carpet. Complete records available including logbooks, AD compliance report, engine overhaul documentation, and annual inspection records. Minor weepage noted at the right fuel tank wheel-well seam. No significant leakage observed. Common Mooney wet-wing maintenance item and reflected in the asking price. A well-equipped, IFR-ready Mooney 231 with a fresh engine, modern avionics, and excellent cross-country capability. Asking Price: $175,000 Full Logbooks and all Mx records available - Logbooks available to review upon request only. Note -Minor tank weep at right wheel well area, trace blue stain in this area 1983 Mooney M20K 231 S/N 25-0720 N1166D 3,350 Hours Total Time Since New Southern California. Annual Inspection Due: May 2027 IFR Certifications Due: December 2027 Low actual time airframe. Paint 5/10
Modifications
Gami injectors Merlyn Black Magic Wastegate Controller
Avionics
Garmin GTN 650Xi GPS/NAV/COM/FMS Garmin 430 Dual G5s with GAD29, GMU11, GAD13 and OAT GFC 500 Autopilot with pitch, roll and pitch trim servos, GMC 507 Dual Garmin G5 displays (ADI & HSI) Garmin GTX 345 ADS-B In/Out transponder GMA 345 Audio Panel EDM 700 Engine analyzer and with Lean-find Avionics 9/10
How this aircraft compares
Where this MOONEY M20K 231 lands versus other MOONEY M20K 231 listings on fyiAero.
Price
81st pct$179k · 81st percentile of 26 listings
Airframe time
59th pct3,323 hours total (TTAF) · 59th percentile of 27 listings
Engine time
7th pct115 hours since major overhaul · 7th percentile of 27 listings
Percentile = share of comparable listings at or below this value. Lower airframe/engine hours are generally fresher; price reflects the asking price only.
