Bought this bundle from the original owner for $100, I think that's a pretty good deal. All it really needs now is an official hard drive. At the very least, it has
Restored Microsoft L9V-00002 4GB Matte Black Xbox 360 E Console (NTSC) (Refurbished) - Walmart.com
Convert a 360 (Fat) hard drive into a 360 S hard drive - iFixit Repair Guide
Amazon.com: Official Xbox 360 500GB Replacement Hard Drive : Video Games
New Xbox 360 4GB's packaging shows off 250GB HDD upgrade option | Engadget