Join Date: Feb 2007
Location: Schwenksville, Pa
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It appears to have been fully restored, however the original saddle was probably leather and was replaced with a cheaper one.
You said you are looking for a road bike. The AMF is not a road bike, it is more of a townie. But if you want only one speed , fenders and a more of an upright riding position it should work great. Just don't expect to do any 30-40 mile trips with it our race with your buddies.
The price is OK for a completely restored bike, offer him $100 but I would be willing to pay asking if that is what you are looking for.