For tree-fitty you could get a new Kilo TT.
Anyhow, anyone who says that bike is only worth $150 is probably underestimating. The Weinmanns on there (which look to be new) sell for $150 alone.
It really depends on the condition of the bike. But it actually looks to have relatively new or well-cared-for parts. If the bike is actually in average or bad condition I retract my earlier statement.