Hey -
That's my old car. She should be fine, even with the mileage. When I got rid I did it because I smacked the front of it off a ditch (low speed tho) and did a bit of cosmetic damage, it was driving perfect. She needed a timing belt too, i just didn't have the money to pay for the repairs and timing belt and ongoing petrol costs.
Oh, and she's the BG5 EJ20T auto, and that is miles, she had almost 250k kms when I had it last. If you are tempted let me know cause I have all the service history stuff I can email it to you if you want.
I sold it to my cousin who is a mechanic (and a very good one at that) so I would say she's a safe bet, just make sure he did the belt as it was due to be done around now.
Fecking tempted to buy her back now, I'm in a '95 corolla xli since and man do I miss that leggy.