As BG stated, asking price is way too much for this level bike.
I got mine for $50, same year/model. It needed brakes and tires. But it cleaned up well, and rides pretty nice as well.
There was a build thread on it here in C&V.
A link to mine via flickr...
https://www.flickr.com/photos/wng555...7632196202732/
I thought I recognized those AZ locations