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Even $5k is extremely cheap for a good 6'1" grand piano in good condition.
I went on the low side since it's not in perfect shape and is an older (1985) Young-Chang built Wurlitzer. It was a church piano so it has some bushing wear in the keys, but still very playable, and had a broken string on D2 that was an easy $50 fix. I think after moving, tuning, the string, and eventually rebushing it in the next year or so, I'll have about $900-1000 into it all said and done. Still definitely a pretty inexpensive piano overall, but understandable why they might not have wanted to put money into something that was probably a donation to begin with.