I bought one just like that on this board about 3 years ago for $300. The seller was honest and gave a good discription of the rifle. Nobody would touch it at $400, when it got down to $300 I bit. The stock was rough but the metal was clean. I used the action for a custom rifle and it's one of my favorites today.
After I bought mine I watched these for awhile thinking I might like another.
Does your rifle have the steel or aluminum bottom metal? The steel ones are somewhat more desirable.
Here's what I did with mine. I'm very happy with it.
Terry