Dude, Trek made some really great frames back then. I have an '82 614 and I'm a bought and sold Trek fan because of it. $200 is a fair price, I say.
The rims are Matrix.......Trek's in-house brand. What size are those, anyway? I kept trying to find a pic that might say, but you don't have one. I'm guessing 27"??? I like the tires, too. Nice and plump.
A black Concor saddle would look really sweet on there.