Thanks for the replys. To answer some questions... The bike has ~6000 miles on it. I'm guessing that the new valves were stock KTM. The seller is the original owner.
The 04-05 bikes (~100 hrs) mentioned earlier were on CL for $3800-3900 and were gone in only a couple days (they were plated in Oregon.).
I considered buying an out of state plated bike but Oregon has started cracking down on those recently