It may not currently have a salvage title - they sometimes get "washed" when moving state to state. I had this happen on a cheap ride I bought when living in San Diego. Moved to Texas, registered the thing, and it came back with a clean title. I was surprised.

Sounds like a fair value at the asking price, given that you can determine it was not significantly damaged or flooded. The coupes sell at a good premium relative to the sedans, about $2K in my observation. Seems this car should be fetching $5K, perhaps a bit more. It may already be priced to reflect the salvage title.