Depends where you live if that is the going rate. You don't list what part of the USA you live in (if stateside) so that kind of hampers the variables.
Have owned five of these bikes and never paid more than 175 but most needed something and that was years ago before people got greedy and the market got smaller supply so it is all relative.
To me in todays market in the North East would put "good deal if running and not cut or welded and with decent seat at 300-350"
That is my comfort zone your's may vary.
HTH
Keith