From a stricktly legal standpoint I guess you should.
However I'm getting ready to sell a couple hundred Minidisc's and about 3/4 of them are recorded on and I'm not going to bother .
From a legal perspective it depends on Copyright and whether you're violating the rights of the Copyright holder.
As a general rule, If you're including the only copy on the device you're selling then it's fine (you're transferring ownership). If you're keeping a copy and including a copy on the device you're selling (reproducing it) it's wholly illegal, It's basically illegal file distribution.
In your position, I wouldn't worry too much. It's an honest mistake.
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