Well... I thought the ad had been deleted, but it came back up a couple of days ago, still at $200.

Apparently there are several models, and this one is the most basic version with Shimano Sora 2300 8s shifters.

And, of course, no discs.

Specialized Tricross 2011 Road Bike | Evans Cycles
2011 Specialized Tricross - New and Used Bike Value

Apparently there was a recall on the fork, which is why it doesn't appear to match well. Not enough pride in the company to make the replacements look nice too.

Specialized Bicycle Components Recalls Bicycles Due to Fall Hazard | CPSC.gov

The Bluebook puts it at $280 to $290 in "fair" condition.

The description is quite terse, listing simply "needs a new back rim".

Not a big deal, but it ads some time and $50 to $100 to the rebuild assuming I want to match parts. So... I still have to consider whether it is worth it. Maybe I'll snag it this weekend if it is still around.

I tried to look for the model & year on the stolen bike registry, and the only one that shows up is one in LA that still has the original fork in the photos.

My guess is that the price is due to it being 4 years old with a bent rim that the owner doesn't want to mess with.