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1978 Piper Arrow IIISingle-Engine Piston Aircraft • Sugar Grove, IL, USA

This 1978 Piper Arrow III, N31994, has been owned by the same operator since 1992 and consistently stored in a heated hangar in the Chicago area. With 3,629 total hours on the airframe and 347 hours since major overhaul (SMOH) on the engine, it reports no known damage history. The propeller has only 13 hours since overhaul (SPOH). The aircraft has undergone an extensive paint detail on the leading edges, forward cabin area, windshield, cowling, spinner, and nose gear, along with new wing and stabilator tips. Aileron, flap, and stabilator gap seals have been installed, and the exterior is complemented by new stainless steel cam-lock cowl...

Year
1978
Make
Piper
Series
Arrow
Model
Arrow III
Tail #
N31994
Serial #
7803307

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Specifications

Category
Single-Engine Piston
Intended Use
Training, Recreational
Flight Rules
IFR
Useful Load
1,073 lbs
Seats
4

Hours, Logs & Inspections

Total Time
3,629 hrs
Engine 1 Time
347 hrs (SMOH)
Prop 1 Time
13 hrs (SPOH)
Inspection Status
Extensive annual inspection. Fresh Annual.

Avionics

Audio

Garmin GMA 350 - GMA Audio Panel/Intercom

GPS

Garmin GTN 650 - GTN GPS/Com/Nav

Comms

Garmin GTR 205 - GTR Com

ADSB

Garmin GTX - GTX Transponder

PFD

Garmin GI 275 - GI ADI and HSI Indicators

AP

Piper Auto Control IIIB - IIIB

EMS

Electronics International - EGT

Additional Equipment

Intercooler

Airflow Systems Intercooler

Engine Heater

Tanis Engine Heater

ELT

406 ELT

Flash Beacon

Knots 2U - Flash Beacon

Interior & Exterior

Interior Notes
Appears to be original but in very good condition.
Exterior Notes
Extensive paint detail job on leading edges, around windshield, cowling, spinner, nose landing gear, and wing walk way.

Engine & Propeller

Engine Type
Piston
Engine Count
1

Asking Price

$164,500

Aircraft Location

Sugar Grove, IL, USA

Listing Details

Used
For Sale

Price History

Apr 19, 2026: $164,500(-$5,000) - trade-a-plane

Jan 13, 2026: $169,500 - trade-a-plane

Contact Seller

First Seen: Jan 13, 2026

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Asking Price

$164,500

1978 Piper Arrow III Single-Engine Piston For Sale N31994 Sugar Grove, IL - All The Planes