That seems consistent, as from '97 to at least '02 she was moored over near the Ballard Locks.
Sadly, it would take A LOT to make her seaworthy again. She was not taken care of as well as she needed to in service.
For one, she is a steam ship. She is equipped with two large boilers in a room down below her stack. One boiler is used to provide ship's services and the other provides steam for a turbine. The turbine is attached to a reduction gear in the room just aft of the boiler room and the reduction gear is attached to a single shaft that runs aft to turn a 19 foot propeller.
The engine room is "connected" to the bridge via a engine order telegraph and speed changes require changing the nozzles used in the boiler - which requires someone with the skills to work the boiler, a dying art. This is also why there is a small "harbormaster" device on the stern that can be lowered into the water and used in maneuvering actions when attempting to dock.
Second, that reduction gear is not in the best shape and at least one of the gears is missing teeth. To replace it would require opening up the ship and the part alone would be about $1M (in 1994 dollars). The poor state also applies in other areas of the ship. For instance, replacing a burned out bulb in the boiler room once caused all the lights in that room to go out - requiring the burned out bulb to be gently returned to it's place! There is also a large amount of "dead" wiring in the ship from various repairs where new wiring was ran without removing the old.
Third, there at least was a decent amount of asbestos and other hazardous materials onboard, but I do believe that was cleaned out after decommissioning per EPA requirement.
Personally, I'd love to see her go back to sea again, though. having the engine low in the hull lowers her center of mass and causes her to ride rather well in heavier seas. She has an ice strengthened hull and staterooms throughout the ship that provide berthing for up to around 120 people if fully stocked and she has an endurance of about 25 days before loss of consumables would start to make her unstable. I would suspect that even after nearly 20 years of inactivity, that hull is still perfectly sound.
As you noted, Kyle, she also has some sleek lines that were probably inspired by her predecessor Surveyor, which actually fought in WWI. Finally, she is historically significant in her own right, having been used extensively for deep ocean work and having a few geographic features names after her. For about a decade (if not longer) she also made annual 6 month deployments to Antartica for Marine Mammal research and was well known to the Chilean Navy.
Finally, she was a great ship and truly earned the nickname "Old Workhorse". She wasn't the queen of the fleet - that was the old Discoverer, which I've heard has been scrapped - but she was VERY special in her own way and served our country well for over 30 years. I hope that something can be done to give her a new life beyond being a simple breakwater.