i'd say it would be worth that. given that you must replace the starter and water pump. non-working AC makes the car kinda hard to sell...well maybe not in your location.
any clean and decent running car with AC is worth $1000 minimum...any car, any model, any year, any miles....
How much would it cost you to have the items fixed that wore out or failed since you last sold it to return it to it's previous condition? deduct that from what you first sold it for and you are probably close to a fair current price.
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1987 300TDT
1981 VW MKI Caddy 1.6 diesel, waiting on engine swap
1983 D-50 Power Ram 4x4 "Mitsubishi" 2.3 turbo diesel
assorted gas powered crap and motorcycles
RIP: 1984 300TDT, 1982 300TDT, 1984 190D 2.2, 1992 300D 2.5, 1987 300TDT, 1982 Maxima LD28, 1983 Maxima LD28, Isuzu C223 P'ups X3, 1983 Holiday Rambler 6.2 Banks turbo diesel, 1984 Winnebago LeSharo 2.1 TD, 1985 Allegro 6.5
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