I can imagine there is. My friend's family has a cabin at 5500ft elevation by lassen and there was 8 feet of snow a few weeks ago!
I would say in california you would get $2000-2500. I truthfully dont think you could get anymore than that. I bought mine for $3200 and it had a brand new ATK crate motor, Rebuilt l52 5speed with new 4.7 case from marlin, detroits front and rear with 5.29's and it is super clean. Back east you could get more I am sure.
You sir got an excellent deal, and your experience is not at all typical! I got my 01 street bike in 02 for $2500, but that was right place, right time.